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Steel manufacturer Nucor Corporation (NYSE: NUE) reported lower sales and net profit for the third quarter of 2023. The company also provided
Steel manufacturer Nucor Corporation (NYSE: NUE) reported lower sales and net profit for the third quarter of 2023. The company also provided guidance for the fourth quarter. Third-quarter 2023 net profit declined sharply to $1.14 billion or $4.57 per share
RTX Corporation (NYSE: RTX) reported third quarter 2023 earnings results today. Reported sales decreased 21% year-over-year to $13.5 billion. Adjusted sales were up 12% to $19 billion. Net loss attributable to common shareowners was $984 million, or $0.68 per share, compared
General Motors Co. (NYSE: GM) reported third quarter 2023 earnings results today. Revenue increased 5.4% year-over-year to $44.1 billion. Net income attributable to stockholders decreased 7.3% to $3.1 billion while EPS fell 2.2% to $2.20 compared to last year. Adjusted EPS
Semiconductor company Texas Instruments Incorporated (NASDAQ: TXN) reported a sharp decline in third-quarter revenues and profit. The company also provided guidance for the fourth quarter. September quarter net profit declined sharply to $1.71 billion or $1.85 per share from $2.30 billion
Verizon Communications Inc. (NYSE: VZ) on Tuesday reported lower revenues and adjusted earnings for the third quarter of 2023. The telecom giant's third-quarter adjusted earnings declined to $1.22 per share from $1.32 per share in the comparable period of last year.
Kimberly-Clark Corporation (NYSE: KMB) reported third quarter 2023 earnings results today. Net sales were $5.1 billion, up 2% from the same period a year ago. Organic sales growth was 5%. Net income attributable to Kimberly-Clark Corporation grew 26% to $587 million and
The Coca-Cola Company (NYSE: KO) reported third quarter 2023 earnings results today. Net revenues grew 8% year-over-year to $12 billion. Organic revenues grew 11%. Net income attributable to shareowners of The Coca-Cola Company rose 9% to $3 billion, or $0.71
CSX Corp. (NASDAQ: CSX), a rail-based freight transportation company, has reported lower revenues and net profit for the third quarter of 2023. The company reported revenue of $3.57 billion for the September quarter, down 8% year-over-year. Reflecting the weak top-line
American Express (NYSE: AXP) reported third quarter 2023 earnings results today. Total revenues net of interest expense increased 13% year-over-year to $15.38 billion. Net income rose 30% to $2.45 billion and EPS grew 34% to $3.30 compared to last year.
Medical device company Intuitive Surgical, Inc. (NASDAQ: ISRG) announced operating results for the third quarter of 2023, reporting higher revenues and adjusted profit. Third-quarter net profit, excluding one-off items, increased to $1.46 per share from $1.19 per share last year.
Kinder Morgan, Inc. (NYSE: KMI) reported a double-digit fall in revenues for the third quarter of 2023 when the energy infrastructure company's adjusted profit remained unchanged year-over-year. Third-quarter earnings, excluding special items, remained unchanged at $0.25 per share. Net income
Alaska Air Group (NYSE: ALK) reported a double-digit decline in adjusted earnings for the third quarter of 2023 when the airline company's revenues remained unchanged year-over-year. Net income, adjusted for one-off items, declined 28% annually to $1.83 per share in the
Philip Morris International Inc. (NYSE: PM) reported third quarter 2023 earnings results today. Net revenues increased 13.8% to $9.1 billion compared to the same period a year ago. Organic revenue growth was 9.3%. Net earnings dipped to $2.05 billion from
Rail transportation company Union Pacific Corporation (NYSE: UNP) announced financial results for the third quarter of 2023, reporting a decline in revenues and net profit. Third-quarter net income was $1.5 billion, or $2.51 per share, compared to $1.9 billion, or
American Airlines Group Inc. (NASDAQ: AAL) reported third quarter 2023 earnings results today. Total operating revenues remained relatively unchanged compared to the prior-year period at $13.5 billion. Net loss amounted to $545 million, or $0.83 per share, compared to a
AT&T (NYSE: T) reported third quarter 2023 earnings results today. Total operating revenues rose 1% year-over-year to $30.4 billion. Net income attributable to common stock decreased 42% to $3.4 billion while EPS fell 40% to $0.48. Adjusted EPS fell 5.9%
EV giant Tesla Inc. (NASDAQ: TSLA) on Wednesday said its third-quarter 2023 earnings declined from last year, despite an increase in revenues. Revenues of the Austin-based car maker advanced 9% year-over-year to $23.4 billion in the third quarter. The company
Netflix, Inc. (NASDAQ: NFLX) reported third quarter 2023 earnings results today. Revenue increased 7.8% year-over-year to $8.54 billion, beating estimates of $8.53 billion. Net income was $1.67 billion, or $3.73 per share, compared to $1.39 billion, or $3.10 per share,
Financial services company U.S. Bancorp (NYSE: USB) on Wednesday announced operating results for the third quarter of 2023, reporting a decline in net income despite an increase in revenues. Total net revenue increased 11% from last year to $7.03 billion
Abbott Laboratories (NYSE: ABT) reported third quarter 2023 earnings results today. Net sales decreased 2.6% year-over-year to $10.1 billion. On an organic basis, sales fell 1.5%. Net earnings remained relatively unchanged at $1.43 billion compared to the year-ago quarter. GAAP EPS
Banking giant Morgan Stanley (NYSE: MS) on Wednesday reported financial results for the third quarter of 2023. Net income applicable to shareholders was $2.4 billion or $1.38 per share in the third quarter of 2023, compared to $2.63 billion or
