When a gross
profit per quarter of the year - any year - exceeds billions of dollars one should be asking why?
With over $ 4 billion in
profit per quarter, it's hard to argue that Facebook can't justify the cost of a couple of dozen people in countries where it has acknowledged that there are local issues.
Not exact matches
Netbacks,
profit after subtracting transport and other expenses, averaged C$ 16.80
per barrel of oil equivalent in the first
quarter, compared with C$ 21.25 a year earlier.
Eli Lilly — The drugmaker came in 21 cents above estimates with first -
quarter profit of $ 1.34
per share.
On Monday, Hasbro reported fourth -
quarter sales jumped 11 % to $ 1.63 billion while
per - share
profits totaled $ 1.64 apiece — far above the $ 1.5 billion and $ 1.28, respectively, that Wall Street analysts had anticipated.
The initial stock surge came as Alphabet said that first
quarter revenue jumped 26 % to $ 31.15 billion and net
profit rose 73 % to $ 9.4 billion, or $ 13.33
per share.
Sprint reported a
profit of $ 69 million, or 2 cents
per share, compared with a loss of $ 283 million, or 7 cents
per share, in the year - ago
quarter.
The largest oil producer in North Dakota's Bakken shale formation posted a net
profit of $ 15 million, or 16 cents
per share, in the
quarter ended March 31, compared with a loss of $ 87 million, or 96 cents
per share, a year earlier.
The other four lenders posted year - over-year first -
quarter profit growth in their Canadian businesses ranging between nine and 19
per cent.
Meanwhile CIBC, which purchased Chicago - based PrivateBancorp last summer, reported $ 134 million in
profits, up roughly 362
per cent from the first
quarter in 2017.
In the first
quarter, revenue came up short by 5 percent, and
profit missed, too — IBM turned in $ 3
per share, versus the $ 3.05 expected.
«One or two titles can really change things,» chief executive Ellis Jacob said in an interview on Wednesday, after the company reported that
profits dropped 19
per cent in the second
quarter.
Perth - based engineering and construction contractor Civmec has reported a 37.7
per cent rise in net
profit for the September
quarter to $ S11 million, and a 140
per cent leap in revenue to $ S170.2 million.
«When you do $ 2 better... do you not call that the best
quarter ever,» Cramer asked, rhetorically, referring to Amazon's first -
quarter profit of $ 3.27
per share versus estimates of $ 1.26.
Samsung's
profit plunged 60
per cent in its latest
quarter because of slowing phone sales.
That compared with a
profit of $ 232 million or 58 cents
per share on $ 10.40 billion in revenue in the same
quarter last year.
Net
profit attributable to Viacom rose to $ 683 million, or $ 1.70
per share, in the
quarter ended June 30, from $ 432 million, or $ 1.09
per share, a year earlier.
Profits also rose 72 % year - over-year for the fourth
quarter to $ 83.4 million, or $ 1.38
per share.
LOUISVILLE, Ky. — Yum Brands Inc. reported a 19
per cent increase in second -
quarter profits, boosted by rebounding business at KFC in China where worries about food safety have eased.
Net loss attributable to Hasbro was $ 112.5 million, or 90 cents
per share, in the first
quarter ended April 1, compared with a
profit of $ 68.6 million, or 54 cents
per share, a year earlier.
That compared with a
profit of $ 862 million or $ 2.09
per share in the same
quarter last year.
The Calgary - based company reported a net loss of C $ 164 million, or a loss of 33 Canadian cents
per share, in its fiscal second
quarter ended Feb. 28, compared with a
profit of C $ 147 million, or 30 Canadian cents...
Finish Line reported only break even
profits per share in the third
quarter, giving Foot Locker room to step in and gain more sales.
Amazon's Net
profit ballooned this
quarter to $ 724 million, or $ 1.48
per share, according to Reuters — up from $ 513 million in the same
quarter last year.
(The reason for the jump: Amazon analysts and shareholders had braced for an expected loss of 13 cents
per share, but the mega-retailer reported instead that it was in the black for the
quarter — a 17 cents
per share
profit.)
On an adjusted basis, Teck says it earned a
profit of $ 700 million or $ 1.21
per share for the
quarter, down from a
profit of $ 930 million or $ 1.61
per share in the last three months of 2016.
Couche - Tard, which keeps its books in U.S. dollars, reported a
profit of US$ 146.4 million in its latest
quarter, or 77 cents
per diluted share for the 12 weeks ended April 28 compared with a
profit of $ 117.8 million or 65 cents
per share a year ago.
Excluding items, the company expected fourth
quarter earnings between 37 cents and 47 cents
per share, while analysts had forecast a
profit of 57 cents
per share.
The company reported earnings of 19 cents
per share on revenue of $ 409.3 million in the third
quarter, compared with an expected
profit of 10 cents a share on $ 358.7 million in revenue.
Cenovus reported fourth -
quarter net income of $ 620 million or 50 cents
per share on Thursday, well ahead of $ 91 million, or 11 cents
per share, in the year - earlier period, thanks to better refinery
profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston - based ConocoPhillips, last year.
The quarterly
profit amounted to 76 cents
per diluted share, down 24
per cent from $ 532 million, or 93 cents, in the same
quarter of 2013.
Overall, Nike reported fiscal third -
quarter revenue increased 5 % to $ 8.43 billion while
profit increased 24 % to 68 cents
per share.
Excluding the tax benefit and other one - time items, its adjusted
profit increased marginally to $ 304 million or 54 cents
per share, up from $ 303 million or 53 cents
per share in last year's third
quarter.
The retailer said Thursday it earned a
profit attributable to shareholders of $ 275.7 million or $ 4.10
per diluted share, compared to $ 246.8 million or $ 3.46
per diluted share in the same
quarter a year earlier.
CGI (TSX: GIB.A) said the net loss in its fiscal 2012 fourth
quarter was just under $ 170 million or 58 cents
per diluted share, compared with a
profit of $ 69.6 million or 26 cents
per share in the year - earlier period.
HSBC Canada reported a fall in
profits, before income tax expenses, of $ 206 million for the fourth
quarter, down 18
per cent from a year earlier.
Analysts on average had expected a
profit of 25 cents
per share for the
quarter, according to Thomson Reuters.
Musk plans to shut down its Fremont, California factory for 10 days in the second
quarter but said Tesla will meet the production target of 5,000 Model 3s
per day by the end of June, as planned, and will turn a
profit in the second half of the year.
The pharmacy retailer said Wednesday the
profit amounted to 28 cents
per share for the
quarter ended Feb. 27 compared with 30 cents
per share a year ago.
Before the start of trading Wednesday, Maple Leaf reported a
profit of $ 27.9 million, or 22 cents
per share, for the
quarter ended March 31 compared with a
profit of $ 30.1 million, or 23 cents
per share, a year ago.
Chipotle's second -
quarter profit rose more than 160 percent to $ 66.7 million, or $ 2.32
per diluted share, beating analysts» average estimate of $ 2.18, according to Thomson Reuters I / B / E / S.
Those wrong things included Caterpillar's Chief Financial Officer Bradley Halverson who, during a conference call, said «the outlook assumes that first
quarter adjusted
profit per share will be the high watermark for the year.»
At the end of last week, JP Morgan Chase and Citigroup both reported 17
per cent first -
quarter profit jumps, buoyed by the election of Donald Trump and higher interest rates.
The latest evidence of Empire's challenges came just last month when it posted a 51.7 -
per - cent plunge in its fiscal second -
quarter profit.
Online search engine company Just Dial Ltd reported a 47
per cent increase in second -
quarter net
profit, driven mainly by non-operating income.
Argo Group International Holdings saw its
profits fall to $ 24.8 million, or 71 cents
per share, in the first
quarter, a 32.4...
Online local business search engine company Just Dial Ltd posted a 38
per cent increase in net
profit for the
quarter ended March 31, 2015 to Rs 47.16 crore, partly boosted by «other income» besides a reasonable growth in turnover.
Online local business search engine company Just Dial Ltd posted a 38
per cent increase in net
profit for the
quarter ended March...
The top three US equity benchmarks closed mixed with the Dow slipping as IBM plunged 7.5
per cent after it reported narrower
profit margins in the first
quarter and no revenue growth unless one factors in help from a weak US dollar.
French food group Danone achieved better than expected first -
quarter sales growth of nearly 5
per cent, helped by Chinese demand for its baby formula products, cementing guidance for higher
profit and sales this year and beyond.