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Tag: Breaking News: Earnings

Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue

Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue

October 16, 2024October 19, 2024 · Banking

Morgan Stanley on Wednesday topped analysts’ estimates for third-quarter profit as each of its three main divisions generated more revenue than expected. Here’s what the company reported: Earnings:$1.88…

Read more Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Goldman Sachs to report third-quarter earnings

Goldman Sachs to report third-quarter earnings

October 14, 2024October 14, 2024 · Banking

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici…

Read more Goldman Sachs to report third-quarter earnings
JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

October 10, 2024October 10, 2024 · Banking

CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the Chateau de Versailles,…

Read more JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects
Morgan Stanley tops estimates on stronger-than-expected trading and investment banking

Morgan Stanley tops estimates on stronger-than-expected trading and investment banking

July 16, 2024July 29, 2024 · Banking

Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC…

Read more Morgan Stanley tops estimates on stronger-than-expected trading and investment banking
Bank of America shares jump 5% after saying net interest income rebound is coming

Bank of America shares jump 5% after saying net interest income rebound is coming

July 16, 2024July 29, 2024 · Banking

Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees. Here’s what the company reported: Earnings: 83 cents…

Read more Bank of America shares jump 5% after saying net interest income rebound is coming
Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects

Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects

July 14, 2024July 14, 2024 · Banking

David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday. Here’s what Wall…

Read more Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects
Citigroup tops expectations for profit and revenue on strong Wall Street results

Citigroup tops expectations for profit and revenue on strong Wall Street results

July 12, 2024July 14, 2024 · Banking

Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023.  Patrick T. Fallon | AFP | Getty Images…

Read more Citigroup tops expectations for profit and revenue on strong Wall Street results
JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects

JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects

July 11, 2024July 12, 2024 · Banking

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday,…

Read more JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects
NYCB shares jump after new CEO gives two-year plan for “clear path to profitability”

NYCB shares jump after new CEO gives two-year plan for “clear path to profitability”

May 1, 2024May 1, 2024 · Banking

A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images New York Community Bank on Wednesday posted a…

Read more NYCB shares jump after new CEO gives two-year plan for “clear path to profitability”
Morgan Stanley tops expectations on wealth management, trading and investment banking results

Morgan Stanley tops expectations on wealth management, trading and investment banking results

April 16, 2024April 20, 2024 · Banking

Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment banking exceeded expectations. Here’s what the company reported:…

Read more Morgan Stanley tops expectations on wealth management, trading and investment banking results
Bank of America tops estimates on better-than-expected interest income, investment banking

Bank of America tops estimates on better-than-expected interest income, investment banking

April 16, 2024April 21, 2024 · Banking

Bank of America on Tuesday reported first-quarter earnings that topped analysts’ estimates for profit and revenue on better-than-expected interest income and investment banking. Here’s what the company reported:…

Read more Bank of America tops estimates on better-than-expected interest income, investment banking
Goldman Sachs reports earnings before market open — here’s what the Street expects

Goldman Sachs reports earnings before market open — here’s what the Street expects

April 14, 2024April 14, 2024 · Banking

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici |…

Read more Goldman Sachs reports earnings before market open — here’s what the Street expects
Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

April 12, 2024April 14, 2024 · Banking

Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected results in the bank’s investment banking and trading operations. Here’s how the company performed, compared…

Read more Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results
JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

April 11, 2024April 12, 2024 · Banking

Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam…

Read more JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects
Foot Locker shares fall after heavy promotions lead to holiday-quarter losses

Foot Locker shares fall after heavy promotions lead to holiday-quarter losses

March 6, 2024March 6, 2024 · Business

The Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco, California.  Justin Sullivan | Getty Images Shares of Foot Locker fell in…

Read more Foot Locker shares fall after heavy promotions lead to holiday-quarter losses
Best Buy tops holiday quarter estimates but issues soft full-year guidance

Best Buy tops holiday quarter estimates but issues soft full-year guidance

February 29, 2024February 29, 2024 · Business

People walk past a Best Buy store in Manhattan, New York City, November 22, 2021. Andrew Kelly | Reuters Best Buy surpassed Wall Street’s revenue and earnings expectations…

Read more Best Buy tops holiday quarter estimates but issues soft full-year guidance
Nvidia posts record revenue up 265% on booming AI business

Nvidia posts record revenue up 265% on booming AI business

February 21, 2024February 21, 2024 · World News

Nvidia CEO Jensen Huang attends a media roundtable meeting in Singapore on Dec. 6, 2023. Edgar Su | Reuters Nvidia reported fourth fiscal quarter earnings that beat Wall…

Read more Nvidia posts record revenue up 265% on booming AI business
HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%

HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%

February 20, 2024February 21, 2024 · Banking

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg…

Read more HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%
Palantir stock jumps 19% as AI demand drives revenue beat

Palantir stock jumps 19% as AI demand drives revenue beat

February 5, 2024February 5, 2024 · Business

Palantir co-founder and CEO Alex Karp arrives for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Stefani…

Read more Palantir stock jumps 19% as AI demand drives revenue beat
Meta shares jump more than 10% after profit triples and company announces first-ever dividend

Meta shares jump more than 10% after profit triples and company announces first-ever dividend

February 1, 2024February 1, 2024 · World News

Mark Zuckerberg, CEO, Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta beat on earnings and revenue in its fourth-quarter report on…

Read more Meta shares jump more than 10% after profit triples and company announces first-ever dividend
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