Earnings

Scott Olson | Getty Images Kiosks for ordering food sit in the dining area of a McDonald’s restaurant located inside the company’s new corporate headquarters on June 4, 2018 in Chicago. Shares of McDonald’s were flat in premarket trading Thursday after the company posted better-than-expected second-quarter earnings. Here is what happened: Earnings: $1.99 per share
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Coca-Cola on Wednesday reported second-quarter earnings and revenue that beat analysts’ expectations, boosted by its efforts to globalize more of its brands. During the quarter, the company launched its dairy-free smoothie brand AdeZ in Europe and debuted Coca-Cola Stevia No Sugar in New Zealand. It also brought its revamped Diet Coke campaign to Great Britain,
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CNBC’s Jim Cramer on Tuesday praised Alphabet‘s earnings results, saying Google’s parent company was “crushing it” in the second quarter. “What I loved about this quarter is you finally got the rationale of why you like this stock,” said Cramer, whose charitable trust owns shares of Alphabet. “They basically explained that we … make a
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Mike Fuentes | Bloomberg | Getty Images Lockheed Martin Corp.’s F-35 jet in Fort Worth, Texas. Lockheed Martin raised its 2018 forecast as it reported second-quarter earnings which beat Wall Street expectations. The defense contractor beat analyst estimates on both the top and bottom lines in its quarterly report. Lockheed Martin reported earnings of $4.05
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Jamie Schwaberow | Bloomberg | Getty Images A Halliburton worker walks through an Anadarko Petroleum Corp. hydraulic fracking site north of Dacono, Colorado. Oilfield services provider Halliburton’s quarterly revenue rose 24 percent to beat analysts’ estimates on Monday as higher oil prices encouraged U.S. oil and gas producers to put more rigs to work. U.S.
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General Electric sees strength in all its businesses excluding power, chief financial officer Jamie Miller told CNBC’s Morgan Brennan after GE reported second-quarter earnings Friday. Miller says the company is very focused on the struggling power business, as order softness has continued in the sector. GE reported profits in its power division fell 58 percent
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General Electric said second-quarter profit fell 30 percent from last year because of weakness in its power division. GE reaffirmed its financial outlook for the year, saying it continues to expect full-year earnings of $1 to $1.07 per share. GE stock dropped more than 4 percent in trading Friday, closing at $13.12 per share, even
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Microsoft stock fell briefly, rebounded and later surged on guidance on Thursday after the company announced strong earnings for the fourth quarter of its 2018 fiscal year, which ended on June 30. Here’s how the company did: Earnings: $1.13 per share, excluding certain items, vs. 1.08 cents per share as expected by analysts, according to
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Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, trimmed its annual revenue and capital spending estimates on bleak demand from smartphone and cryptocurrency mining industries. This is the second time the company has lowered its revenue outlook this year, from an initial forecast for record sales, indicating a continued sluggishness in the crypto-sector amid
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Abbott Laboratories raised its full-year earnings forecast and topped estimates for quarterly profit on Wednesday, powered by demand for its glucose monitoring device for diabetics and gains from its multibillion dollar acquisitions. The diversified health-care company’s shares rose as much as 4.3 percent to a record high. Analysts said they did not expect a raise
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But United’s sunnier outlook for the year appears to have calmed some investor worries. The airline expects to earn a full-year per-share profit of between $7.25 and $8.75, up from an estimate in April of $7.00 to $8.50. The revenue per each seat United flew a mile in the last quarter, a key measure of
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Goldman Sachs said profit surged 40 percent to $2.57 billion in the second quarter, exceeding analysts’ estimates on better-than-expected revenue from every major business with the exception of trading. The stock slipped as the company said legal and regulatory costs increased. Earnings of $5.98 per share beat the $4.66 estimate of analysts surveyed by Thomson
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Johnson & Johnson topped second-quarter adjusted earnings and revenue estimates. The company posted adjusted earnings of $2.10 per share, compared with the $2.07 Wall Street analysts polled by Thomson Reuters expected. Revenue hit $20.8 billion, up 10.6 percent from the previous year, surpassing estimates of $20.39 billion. Here’s how the company did compared with what
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Bank of America is expected to report second-quarter earnings before the start of trading on Monday. Here’s what Wall Street expects: Earnings: 57 cents per share, 24 percent higher than a year earlier, forecast by Thomson Reuters Revenue: $22.27 billion, 3.4 percent lower than a year earlier, forecast by Thomson Reuters. Loans: $942 billion, 3.4
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