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EV giant Tesla Inc. (NASDAQ: TSLA) on Wednesday said its third-quarter 2023 earnings declined from last year, despite an increase in revenues.
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
The Procter & Gamble Company (NYSE: PG) reported first quarter 2024 earnings results today. Net sales increased 6% year-over-year to $21.9 billion. Organic sales growth was 7%. Net earnings attributable to Procter & Gamble increased 15% to $4.5 billion while
United Airlines Holdings, Inc. (NYSE: UAL), a leading airline company that operates flights to both domestic and international destinations, Tuesday announced financial results for the third quarter of 2023. The company reported net income of $3.65 per share for the
Financial services provider The Bank of New York Mellon Corporation (NYSE: BK) reported an increase in third-quarter 2023 adjusted earnings, aided by a 2% growth in revenues. Net income, adjusted for special items, increased to $1.27 per share in the
Aerospace company Lockheed Martin Corporation (NYSE: LMT) Tuesday reported higher sales for the third quarter of 2023. The company also reaffirmed its full-year guidance. The company reported third-quarter 2023 net sales of $16.9 billion, compared to $16.6 billion in the
The Goldman Sachs Group, Inc. (NYSE: GS) reported third quarter 2023 earnings results today. Total net revenues dropped 1% year-over-year to $11.82 billion. Net earnings applicable to common shareholders decreased 36% to $1.88 billion while EPS fell 34% to $5.47
Bank of America Corporation (NYSE: BAC) reported its third quarter 2023 earnings results today. Total revenue, net of interest expense, increased 3% year-over-year to $25.2 billion. Net income was $7.8 billion, or $0.90 per share, compared to $7.1 billion, or
Johnson & Johnson (NYSE: JNJ) reported third quarter 2023 earnings results today. Reported sales increased 6.8% year-over-year to $21.3 billion. Operational sales growth was 6.4%. GAAP net earnings remained flat at $4.3 billion while EPS increased 4.3% to $1.69. Adjusted
The PNC Financial Services Group, Inc. (NYSE: PNC) reported lower revenue and earnings for the third quarter of 2023. An increase in profit in the Retail Banking and Corporate & Institutional Banking segments was more than offset by declines in
The Charles Schwab Corporation (NYSE: SCHW) reported its third quarter 2023 earnings results today. Net revenues decreased 16% year-over-year to $4.60 billion. Net income available to common stockholders was $1 billion, or $0.56 per share, compared to $1.8 billion, or
Asset management company BlackRock, Inc. (NYSE: BLK) announced financial results for the third quarter of 2023, reporting higher earnings and revenues. Total revenue increased 5% year-over-year to $4.52 billion, reflecting organic growth and the impact of market movements over the
UnitedHealth Group (NYSE: UNH) reported third quarter 2023 earnings results today. Revenues grew 14% year-over-year to $92.4 billion. Net earnings attributable to UnitedHealth Group common shareholders were $5.8 billion, or $6.24 per share, compared to $5.2 billion, or $5.55 per
Citigroup Inc. (NYSE: C) on Friday reported flat earnings and higher revenues for the third quarter of 2023. The results exceeded analysts’ forecasts. The banking behemoth reported a net income of $3.5 billion or $1.63 per share for the September
Wells Fargo & Company (NYSE: WFC) reported third quarter 2023 earnings results today. Total revenue increased 7% year-over-year to $20.8 billion. Net income increased 61% to $5.76 billion while EPS rose 72% to $1.48 compared to last year. Revenue and
JPMorgan Chase & Co. (NYSE: JPM) reported third quarter 2023 earnings results today. Reported net revenue increased 22% year-over-year to $39.8 billion. Managed net revenue rose 21% to $40.7 billion. Net income grew 35% to $13.2 billion while EPS rose
Fastenal Company (NASDAQ: FAST) on Thursday announced third-quarter 2023 financial results, reporting higher sales and net income. Net income was $295.5 million, or $0.52 per share in the three-month period, compared to $284.6 million, or $0.50 per share in the third
Infosys (NYSE: INFY) on Thursday reported higher revenues and flat earnings for the second quarter of 2024. The company also provided guidance for the full fiscal year. The software company said its second-quarter revenues increased to $4.72 billion from $4.56
