Categories AlphaGraphs, Earnings, Finance
U.S. Bancorp (USB) stock gains after Q2 earnings beat Street view
U.S. Bancorp (NYSE: USB) reported a decline in second-quarter earnings on flat revenues. The stronger-than-expected performance boosted investor sentiment and the bank’s stock gained during Wednesday’s premarket session.
Net income more than halved to $689 million or $0.41 per share from $1.82 billion or $1.09 per share in the second quarter of 2019. There was a 3% decline in net interest income to $3.22 billion, while revenues remained broadly unchanged at $5.84 billion, year-over-year. However, the results came in above analysts’ forecast.
U.S. Bancorp’s shares closed the last trading session at $36.29, down 1.5%. They made strong gains early Wednesday following the earnings report. The stock is down 39% since the beginning of the year and 34% in the past twelve months.
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Microsoft (MSFT) reports higher revenue and profit for Q3 2024
Microsoft Corp. (NASDAQ: MSFT) on Thursday said its third-quarter 2024 earnings increased year-over-year, reflecting strong performance by the tech giant’s main operating segments. Third-quarter revenues came in at $61.86 billion,
GOOG, GOOGL Earnings: All you need to know about Alphabet’s Q1 2024 earnings results
Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported its first quarter 2024 earnings results today. Revenues increased 15% year-over-year to $80.5 billion. Revenue growth was 16% in constant currency. Net income was
MRK Earnings: Merck Q1 2024 profit jumps on 9% revenue growth
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the first quarter of 2024, aided by an increase in revenues. First-quarter worldwide sales
