Earnings

Halliburton on Monday called the bottom of a pricing downturn that has plagued oilfield services companies and surprised on expectations saying first-quarter activity levels in North America were modestly higher from a year earlier. Oilfield services providers have been struggling with a tightening of spending by oil producers looking to rein in new drilling in

IBM will release first-quarter earnings after market close on Tuesday. Here are the numbers to watch: Earnings: $2.22 per share as expected by analysts, excluding certain items, according to Refinitiv. Revenue: $18.46 billion as expected by analysts, according to Refinitiv. The estimate implies that analysts expect IBM’s revenue to be down 3.2% from the year-ago

Netflix fell about 1% after reporting its first-quarter earnings after the bell Tuesday. The company posted quarterly revenue that beat estimates but included light guidance for the following quarter. Here are the numbers Netflix reported compared to Wall Street’s expectations: Earnings per share: 76 cents, vs. 57 cents expected, per Refinitiv consensus estimate. Revenue: $4.52

United Continental Holdings, the parent company of United Airlines, reported first-quarter earnings Tuesday that beat Wall Street profit expectations but fell shy of revenue estimates as the airline grapples with the prolonged grounding of Boeing’s 737 Max jets. Here’s what the company reported versus what analysts polled by Refinitiv expected: Adjusted earnings per share: $1.15

The two biggest U.S. banks each just posted record first-quarter profit, the result of years of work building coast-to-coast franchises that have attracted billions in customer deposits. On Friday, J.P. Morgan Chase said it made $9.2 billion in the first three months of the year. Bank of America said Tuesday that it generated $7.3 billion.

Consumer goods group Unilever reported stronger than expected quarterly underlying sales growth, helped by higher prices and volume, and strength in emerging markets. The maker of Dove soap and Ben & Jerry’s ice cream also on Thursday stood by its outlook for the full year, which calls for underlying sales growth in the lower half

Pier 1 Imports’ Chief Financial Officer Nancy Walsh is leaving after a year in the job at the struggling home furnishing retailer, which reported a bigger-than-expected loss in the fourth quarter on Wednesday. The company known for its wicker chairs and scented candles has been battling falling sales in the face of increasing competition from

American Express on Thursday reported lower earnings in the first quarter but earnings per share beat estimates. The New York-based company said it had net income of $1.55 billion, or $1.80 per share. Earnings, adjusted for non-recurring costs, came to $2.01 per share. The results surpassed Wall Street expectations. The average estimate of eight analysts

PepsiCo on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations. Shares of the company rose less than 1 percent in premarket trading following the announcement. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 97 cents, adjusted, vs. 92

Morgan Stanley posted profit and revenue that exceeded analysts’ expectations on better-than-expected results in wealth management and fixed-income trading. The bank generated $2.4 billion in first-quarter profit, or $1.39 per share, according to a Wednesday release, compared with the $1.17 estimate of analysts surveyed by Refinitiv. Morgan Stanley’s revenues of $10.3 billion beat the $9.94

It was a tale of two stories for Netflix according to Wall Street analysts. While the company posted first-quarter revenue that beat estimates, it also warned that it expected light second-quarter guidance. Shares of the streaming giant plunged 9 percent in extended hours trading after the report but by Wednesday morning had pared those losses

BlackRock, the world’s largest asset manager, reported a better-than-expected first-quarter profit and garnered tens of billions of new investor cash as global financial markets rebounded from a volatile fourth quarter. Net income attributable to BlackRock fell to $1.05 billion, or $6.61 per share, in the three months ended March 31, from $1.09 billion, or $6.68

Bank of America beat analysts’ estimates for profit as it cut expenses more than expected and posted a 25% surge in earnings at its consumer banking division. The bank said first quarter profit rose 6% to $7.3 billion, or 70 cents a share, according to a Tuesday release, exceeding analysts’ estimate of 66 cents a

J.P. Morgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. “In the first quarter of 2019, we had record revenue and net income, strong performance across each of our major businesses and a more constructive environment. Even amid some global geopolitical uncertainty, the U.S. economy continues to grow, employment and wages

PNC Financial Services posted a 2.7 percent rise in quarterly profit on Friday as the U.S. regional bank earned more interest income. The bank’s net income attributable to common shareholders rose to $1.20 billion, or $2.61 per share, in the first quarter ended March 31, from $1.17 billion, or $2.43 per share, a year earlier.

Wells Fargo reported better-than-expected quarterly results on Friday, sending the stock higher in the premarket. Here’s how the company’s results compared to Wall Street’s expectations: Earnings: $1.20 per share vs $1.09 per share expected by Refinitiv Revenue: $21.609 billion vs $21.012 billion forecast Shares of Wells Fargo traded 2.1% higher on the news. The company’s

Shares of Levi Strauss & Co. rose in extended trading Tuesday after the world’s biggest jeans seller reported its first quarterly earnings since its initial public offering on the New York Stock Exchange last month. For the first quarter, Levi said it swung to earnings of $146.6 million, or 37 cents per share, from a

Delta Air Lines posted first-quarter earnings Wednesday that beat Wall Street’s expectations for both profit and revenue. “Demand for Delta’s product has never been stronger,” President Glen Hauenstein said in a statement announcing the earnings. “With our customer-focused commercial initiatives delivering strong customer loyalty and top-line momentum, we now expect full-year revenue growth of five

Quraterly earnings for the S&P 500 are expected to decline for the first time since the second quarter of 2016, even though the index is just 2% from its historic high. First-quarter earnings for the S&P 500 are projected to decline 2.5% from last year, according to Refinitiv consensus estimates. Stocks up with earnings down?

Apparel maker PVH on Wednesday forecast full-year adjusted profit and sales above Wall Street expectations, banking on higher demand for its Tommy Hilfiger branded apparels and accessories. Shares of the Calvin Klein owner, which also reported better-than-expected fourth-quarter sales and profit, rose 10 percent after the bell. The New York-based company has been giving lesser