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UPS (NYSE: UPS) reported first quarter 2023 earnings results today. Consolidated revenues were $22.9 billion, down 6% year-over-year. Net income decreased 28%
UPS (NYSE: UPS) reported first quarter 2023 earnings results today. Consolidated revenues were $22.9 billion, down 6% year-over-year. Net income decreased 28% YoY to $1.89 billion, or $2.19 per share. Adjusted EPS was also down 28% to $2.20. For the
Telecom giant Verizon Communications Inc. (NYSE: VZ) on Tuesday reported a decline in adjusted earnings and revenues for the first quarter of 2023. First-quarter adjusted earnings declined to $1.20 per share from $1.35 per share in the comparable period of last
General Motors Co. (NYSE: GM) reported first quarter 2023 earnings results today. Total sales and revenue were $40 billion compared to $36 billion in the same period a year ago. Net income attributable to common stockholders was $2.36 billion, or $1.69 per
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the first quarter of 2023 when its revenues rose 4%. The company said first-quarter adjusted profit increased to $2.63 per share from $2.28 per share
PepsiCo, Inc. (NASDAQ: PEP) reported first quarter 2023 earnings results today. Net revenue grew 10% year-over-year to $17.8 billion. Organic revenue growth was 14.3%. Net income attributable to PepsiCo was $1.9 billion, or $1.40 per share, compared to $4.2 billion,
The Coca-Cola Company (NYSE: KO) reported its first quarter 2023 earnings results today. Net revenues grew 5% year-over-year to $11 billion while organic revenues grew 12%. Net income attributable to shareowners of The Coca-Cola Company increased 12% to $3.1 billion,
The Procter & Gamble Company (NYSE: PG) reported third quarter 2023 earnings results today. Net sales increased 4% year-over-year to $20.1 billion. Organic sales rose 7%. Net earnings attributable to Procter & Gamble inched up 1% to $3.39 billion while
CSX Corp. (NASDAQ: CSX), a rail-based freight transportation company, on Thursday reported higher revenues and net profit for the first quarter of 2023. The company reported revenue of $3.71 billion for the first quarter, up 9% year-over-year. Reflecting the positive
Energy infrastructure company Kinder Morgan, Inc. (NYSE: KMI) has reported a decrease in first-quarter 2023 adjusted profit and revenue. First-quarter earnings, excluding special items, dropped to $0.30 per share from $0.32 per share in the corresponding period of last year.
Steel manufacturer Nucor Corporation (NYSE: NUE) reported lower sales and net profit for the first quarter of 2023. The company also provided guidance for the second quarter. First-quarter 2023 net profit declined sharply to $1.14 billion or $4.45 per share
Alaska Air Group (NYSE: ALK) reported first quarter 2023 earnings results today. Total operating revenue increased 31% year-over-year to $2.19 billion. GAAP net loss was $142 million, or $1.11 per share, compared to a loss of $143 million, or $1.14 per
Drugstore chain Rite Aid Corporation (NYSE: RAD) announced fourth-quarter 2023 results, reporting a modest increase in revenues and a narrower net loss. Fourth-quarter loss, excluding special items, improved to $1.24 per share from a loss of $2.24 per share in
Philip Morris International Inc. (NYSE: PM) reported first quarter 2023 earnings results today. Net revenues increased 3.5% year-over-year to $8 billion. Net earnings were $1.9 billion compared to $2.3 billion last year. Reported EPS decreased 14.7% to $1.28 while adjusted
Rail transportation company Union Pacific Corporation (NYSE: UNP) on Thursday announced financial results for the first quarter of 2023, reporting higher revenues and flat earnings. First-quarter net income was $1.63 billion or $2.67 per share, compared to $1.63 billion or
American Express Company (NYSE: AXP) reported its first quarter 2023 earnings results today. Total revenues net of interest expense increased 22% year-over-year to $14.2 billion. Net income decreased 13% to $1.81 billion while EPS fell 12% to $2.40. The company
AT&T Inc. (NYSE: T) reported its first quarter 2023 earnings results today. Revenues inched up 1.4% to $30.1 billion from the year-ago quarter, driven mainly by higher Mobility, Mexico and Consumer Wireline revenues, which were partly offset by lower Business
International Business Machines Corporation (NYSE: IBM) announced operating results for the first quarter, reporting a decline in adjusted earnings. Total revenues were $14.3 billion in the first three months of fiscal 2023, which is broadly unchanged from the prior-year period.
Tesla Inc. (NASDAQ: TSLA) reported first quarter 2023 earnings results today. Total revenues increased 24% year-over-year to $23.3 billion. GAAP net income attributable to common stockholders declined 24% to $2.5 billion while EPS fell 23% to $0.73 compared to last
U.S. Bancorp (NYSE: USB) reported first quarter 2023 earnings results today. Total net revenue increased 28% year-over-year to $7.17 billion. Net income applicable to U.S. Bancorp common shareholders increased 9% to $1.6 billion while EPS rose 5% to $1.04. Adjusted
Medical device company Intuitive Surgical, Inc. (NASDAQ: ISRG) announced operating results for the first quarter of 2023, reporting higher revenues and adjusted profit. First-quarter net profit, excluding one-off items, increased 9% from last year to $1.23 per share. Unadjusted profit,
Industrial real estate company First Industrial Realty Trust, Inc. (NYSE: FR) announced financial results for the first quarter of 2023, reporting higher revenues and earnings. Net income available to First Industrial Realty Trust’s shareholders was $55.9 million or $0.42 per
