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Drug giant Pfizer Inc. (PFE) posted a 1% improvement in revenues of $12.9 billion for the first quarter of 2018. Reported net
Drug giant Pfizer Inc. (PFE) posted a 1% improvement in revenues of $12.9 billion for the first quarter of 2018. Reported net income jumped 14% to $3.5 billion, while adjusted net income grew 11% to $4.6 billion. Pfizer’s shares fell
The burger giant McDonald's Corp. (MCD) reported better-than-expected first-quarter results, helped by an increase in sales-driven franchised margin dollars and the benefit from a lower effective tax rate. Shares of the fast food titan rose 4.23% in the premarket session.
Allergan plc (AGN) reported a 3% improvement in revenues to $3.7 billion for the first quarter of 2018 compared to the prior year period, driven by a 13% increase in its core business which includes the Botox and Juvederm brands.
Coffee chain operator Starbucks (SBUX) reported an increase in its second-quarter profit, in line with expectations. However, the company’s shares slipped as the outcome was not sufficient to ease investors’ concerns over its softening business in the US and the
Energy company Phillips 66 (PSX) reported net earnings of $524 million, or $1.07 per share, for the first quarter of 2018, down 2.1% year-over-year, hurt by a sharp drop in refining income. Adjusted earnings increased to $512 million, or $1.04
Exxon Mobil Corporation (XOM) reported total revenues and other income of $68.2 billion for the first quarter of 2018, up from $58.6 billion in the first quarter of 2017. Net earnings increased 16% to $4.7 billion, or $1.09 per share,
Chipmaker Intel (INTC) reported its first-quarter results after the closing bell, with earnings and sales topping analyst estimates. The company saw 9% growth in its revenue to $16.1 billion and 32% growth in adjusted EPS to $0.87 respectively. The first quarter
Information technology behemoth Microsoft (MSFT) posted marked growth in third quarter revenue and profit beat analyst estimates, yet again by double-digit growth in commercial cloud revenues. Earnings jumped 35% to $7.4 billion and EPS increased 35.7% to $0.95, while revenue
Amazon (AMZN) today said its first-quarter profit more-than-doubled as revenues rose sharply, supported by the cloud division, surpassing market expectations. Shares of the company gained around 7% in the after-hours, following the earnings announcement. Net income jumped to $1.6 billion,
Shares of biopharma company Alexion (ALXN) opened up 7% when market started today after it reported a rise in Q1 2018 earnings and revenue, and lifted the guidance for the year. Along with this, the company also reported a positive top line
Online payments system PayPal (PYPL) reported better than expected first quarter profit and revenue results beating consensus estimates. Revenue came in at $3.68 billion, jumping 24% from a year earlier, and profit surged 33% to $511 million or $0.42 per
Domino’s Pizza Inc. (DPZ) reported a 25.8% growth in total revenues to $785 million for the first quarter of 2018. Revenues benefited from higher supply chain volumes resulting from order and store count growth. Net income grew 42.2% to approximately
AbbVie's first quarter results topped analyst consensus both on earnings and sales front, driven by double-digit sales growth from Humira, Imbruvica, and HCV. Sales improved 21.4% to $7.9 billion, while adjusted earnings came in at $1.87, up 46%. The company
The world’s biggest airline American Airlines Group Inc. (AAL) reported a 45% plunge in first-quarter earnings due to higher fuel prices but came in ahead of Street expectations. The company also lowered its fiscal 2018 earnings outlook citing to rising
General Motors (GM), the largest automobile manufacturer in the US, reported a decline in first quarter earnings, hurt by one-time charges related to the winding up of its South Korean operations. Revenues declined from last year even as the company
Southwest Airlines (LUV) reported a 1.9% increase in total operating revenues to $4.9 billion for the first quarter of 2018, driven mainly by passenger revenues of $4.6 billion. GAAP net income was $463 million or $0.79 per diluted share. Adjusted
Qualcomm shares rose around 2% in the aftermarket after it reported better-than-expected earnings results in the second quarter of 2018. Revenue for the quarter witnessed a modest growth of 5% to $5.3 billion. Meanwhile, earnings took a hit during the
Ford Motor Company (F) reported its first quarter results with a year-over-year revenue increase of 7% to $42 billion, driven by lower cost and expenses, while profit jumped 9% to $1.7 billion or $0.43 per share, aided by the lower
Visa's (V) second quarter results topped analyst estimates. Adjusted earnings jumped 30% to $1.11 per share, while operating revenues came in at $5.1 billion, up 13% year-over-year. Thanks to increased consumer spending and rising oil prices, the company recorded double-digit
Telecom giant AT&T Inc. (T) reported results for the first quarter of 2018. Both revenue and profit numbers missed the Street’s estimates and shares fell 3% in the after-market trading post the earnings announcement. Revenues of $38 billion for the
Boeing (BA) reported better-than-expected first quarter results before the opening bell today. Revenue and adjusted earnings for the quarter topped analyst consensus. Adjusted earnings shot up 68% to $3.64 per share, while revenue came in at $23.38 billion, up 6%
