— Regions Financial Corporation (NYSE: RF) reported Q4 2019 earnings of $0.38 per share, vs. $0.39 expected.
— Revenues grew 2.8% to $1.48 billion, vs. $1.48 billion expected.
— Net interest income and other financing income on a taxable equivalent basis was $931 million.
— Non-interest income rose 16.8% year-over-year to $562 million.
— Net interest margin was 3.39%.
— Total loans rose 0.6% year-over-year to $82.3 billion.
— Total deposits grew 1.5% year-over-year to $94.5 billion.
— RF shares were up 0.66% in premarket hours on Friday.
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06