Browsing Tag:earnings

general-motors-gm-earnings-q1-2021
General Motors employees work on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas City, Kansas.Jim Barcus for General MotorsGeneral Motors announced its first quarter results on Wednesday before the opening bell on Wall Street.Here are the numbers:Adapted EPS: $ 2.25 versus $ 1.04 expected based on average analyst estimates made by Refinitiv.Revenue: Expected $ 32.47...
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berkshire-hathaway-brk-earnings-q1-2021
Warren Buffett.Gerald Miller | CNBCBerkshire Hathaway's operating results rebounded as the conglomerate's businesses recovered from the pandemic. Chairman Warren Buffett continued to aggressively buy back Berkshire stocks in the first quarter, albeit at a slightly slower pace.Berkshire posted $ 7.018 billion in operating income for the first quarter, up 20% from $ 5.871 billion for the same...
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mcdonalds-mcd-q1-2021-earnings
People wear protective face masks in front of McDonald's in Times Square as the city resumes Phase 4 reopening after restrictions were imposed in New York City on September 18, 2020 to slow the spread of the coronavirus.Noam Galai | Getty ImagesMcDonald's surpassed Wall Street estimates for its quarterly results on Thursday as net sales surpassed pre-pandemic levels.The...
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deutsche-bank-earnings-q1-2021
LONDON - Deutsche Bank on Wednesday reported a profit of € 908 million ($ 1.1 billion) for the first quarter, driven by continued strong performance in investment banking.According to Refinitiv, the bank far exceeded the analysts' expectations for a net profit of 642.95 million euros and showed a significant improvement compared to the profit of 51 million euros achieved...
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stock-futures-flat-as-big-tech-earnings-roll-in-fed-decision-looms
US stock futures were flat in night trading Tuesday as investors digested key technology gains and prepared for the recent Federal Reserve policy announcement.Dow futures rose about 50 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures gained 0.1%.The Google parent alphabet reported a better-than-expected result on Tuesday after the bell, causing the tech giant's shares to...
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hsbc-reports-first-quarter-2021-earnings
Pedestrians in protective masks walk past a logo displayed in an HSBC bank branch in the central district of Hong Kong.Roy Liu | Bloomberg | Getty ImagesHSBC, Europe's largest lender by asset, reported pre-tax profit for the first quarter that beat estimates but posted a decline in sales.The London-headquartered bank, which generates most of its revenue in...
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dow-falls-slightly-as-investors-shrug-off-strong-earnings-and-economic-data
US stocks fell after a strong day of gains on Thursday as the market stuck in a trading range and investors ignored solid earnings and economic data.The S&P 500 fell 0.1%, weighed down by energy and materials. The Dow Jones Industrial Average fell 50 points while the Nasdaq Composite rose 0.2%.Southwest Airlines' shares rose 1.7% after the airline...
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citigroup-c-earnings-1q-2021
Jane Fraser, General Manager for Latin America at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California on Monday, April 29, 2019.Kyle Grillot | Bloomberg via Getty ImagesCitigroup released results Thursday that exceeded analysts' estimates for first-quarter earnings with strong investment banking revenues and a higher-than-expected release of loan loss provisions.The company also said...
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