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Healthcare company Abbott Laboratories (NYSE: ABT) announced financial results for the first quarter of 2023, reporting a decline in net sales and
Healthcare company Abbott Laboratories (NYSE: ABT) announced financial results for the first quarter of 2023, reporting a decline in net sales and adjusted earnings. First-quarter net sales dropped 18% year-over-year to $9.75 billion. The decline is primarily due to a
Morgan Stanley (NYSE: MS) reported its first quarter 2023 earnings results today. Net revenues totaled $14.5 billion compared to $14.8 billion in the same period a year ago. Net income applicable to shareholders was $2.8 billion, or $1.70 per share,
Netflix, Inc. (NASDAQ: NFLX) reported its first quarter 2023 earnings results today. Revenue grew 3.7% year-over-year to $8.16 billion. Net income amounted to $1.30 billion, or $2.88 per share, compared to $1.59 billion, or $3.53 per share, last year. Earnings
United Airlines Holdings, Inc. (NYSE: UAL) Tuesday reported a net loss for the first quarter of 2023 when the aviation firm's revenues increased sharply. The company reported a net loss of $0.63 per share for the March quarter, on an
Bank of America Corporation (NYSE: BAC) reported first quarter 2023 earnings results today. Revenue, net of interest expense, increased 13% year-over-year to $26.3 billion. Net income rose 15% to $8.2 billion, or $0.94 per share, compared to last year. Revenue
Financial services provider The Bank of New York Mellon Corporation (NYSE: BK) reported an increase in first-quarter 2023 adjusted earnings, aided by an 11% growth in revenues. Net income, adjusted for special items, moved up to $1.13 per share in
Aerospace company Lockheed Martin Corporation (NYSE: LMT) Tuesday said its net sales increased modestly in the first quarter of 2023, but net profit declined. The company reported first-quarter 2023 net sales of $15.13 billion, compared to $14.96 billion in the
The Goldman Sachs Group, Inc. (NYSE: GS) reported first quarter 2023 earnings results today. Net revenues decreased 5% year-over-year to $12.2 billion, mainly due to lower revenues in Global Banking & Markets. Net earnings applicable to common shareholders were down
Johnson & Johnson (NYSE: JNJ) reported its first quarter 2023 earnings results today. Reported sales increased 5.6% year-over-year to $24.7 billion. On a GAAP basis, the company reported net loss of $68 million, or $0.03 per share, compared to net income
Financial services company The Charles Schwab Corporation (NYSE: SCHW) on Wednesday reported higher earnings and revenues for the first quarter of 2023. Total revenues increased 10% year-over-year to $5.12 billion in the first quarter. During the quarter, clients opened over
The PNC Financial Services Group, Inc. (NYSE: PNC) reported revenue of $5.6 billion for the first quarter of 2023, which was up 19% from the same period a year ago. Net income attributable to common shareholders was $1.69 billion or
Asset management company BlackRock, Inc. (NYSE: BLK) on Friday announced financial results for the first quarter of 2023, reporting lower revenues and earnings. Total revenue decreased 10% year-over-year to $4.24 billion, due to the impact of significantly lower markets and
UnitedHealth Group (NYSE: UNH) reported first quarter 2023 earnings results today. Revenues grew 15% year-over-year to $92 billion, helped by double-digit growth at UnitedHealthcare and Optum. Net earnings attributable to UnitedHealth Group common shareholders were $5.6 billion, or $5.95 per
Banking behemoth Citigroup Inc. (NYSE: C) reported an increase in first-quarter net profit amid a 12% growth in revenues. The results also exceeded analysts' forecasts. Citigroup reported a net income of $4.6 billion or $2.19 per share for the first
Wells Fargo & Company (NYSE: WFC) reported first quarter 2023 earnings results today. Total revenue increased 17% year-over-year to $20.7 billion. Net income rose over 30% to $4.9 billion, or $1.23 per share, compared to last year. Revenue and earnings
JPMorgan Chase & Co. (NYSE: JPM) reported first quarter 2023 earnings results today. Reported net revenue was $38.3 billion, up 25% from the year-ago period. Net income increased over 50% to $12.6 billion, or $4.10 per share, compared to last
Fastenal Company (NASDAQ: FAST) on Thursday announced its first-quarter 2023 financial results, reporting an increase in sales and net profit. Net income was $295.1 million, or $0.52 per share in the three-month period, compared to $269.6 million, or $0.47 per share
Infosys (NYSE: INFY) reported fourth quarter 2023 earnings results today. Revenues totaled $4.55 billion, up 6.4% year-over-year. Revenues in CC terms grew by 8.8% YoY. Net profit before minority interest was $745 million, or $0.18 per share, compared to $753
Delta Air Lines (NYSE: DAL) reported its first quarter 2023 earnings results today. Operating revenue increased 36% year-over-year to $12.8 billion, beating consensus estimates. The company reported a net loss of $363 million, or $0.57 per share, compared to
Cannabis company Tilray (NASDAQ: TLRY) has announced financial results for the third quarter of 2023, reporting a net loss and a 4% decrease in revenues. The company reported a net loss of $1.20 billion or $1.90 per share for the
CarMax, Inc. (NYSE: KMX) reported fourth quarter 2023 earnings results today. Net revenues were $5.7 billion, down 25.6% compared to the prior-year quarter. Net earnings dropped more than 50% to $69 million, or $0.44 per share, compared to last year.
