Fitbit beat analyst expectations in both its second - and third -
quarter earnings this year.
Their second
quarter earnings this year almost doubled to $ 12.9 million when compared to the same quarter last year.
Not exact matches
Wall Street expects another huge jump in Amazon's revenue, but lower profits, compared with last
year, when the company reports its first -
quarter earnings on Thursday.
In the second
quarter, Foot Locker had
earnings of $ 51 million, or 39 cents a share, down from $ 127 million, or 94 cents a share, a
year earlier.
The coffee chain posted fiscal third -
quarter earnings excluding items of 55 cents a share, up from 43 cents a share in the
year - earlier period.
Technology sector results so far at least from the likes of Amazon, Alphabet, Microsoft, Samsung and SAP have broadly beaten forecasts for the first
quarter, and overall aggregate U.S.
earnings growth is tracking seven -
year highs of almost 25 percent.
The social networking giant said Wednesday that first
quarter revenue jumped 49 %
year - over-
year to $ 12 billion versus an expected $ 11.4 billion and
earnings per share of $ 1.69, easily beating analyst estimates of $ 1.35.
For the
quarter ended July 20, Dick's adjusted
earnings were 96 cents a share, up from 82 cents a
year ago, but less than the $ 1.00 expected by Wall Street and even its own forecast of $ 1.02 a share to $ 1.07 a share.
Shares of Exxon Mobil have slumped since earlier this
year, when the company's fourth -
quarter earnings fell short of Wall Street's expectations.
But the announcement comes just before the company posts
earnings for the final
quarter and full
year on Thursday.
«First -
quarter and fiscal
year 2018
earnings are attainable in our view, reflecting improved sell - through of new products and a commitment to cost reduction,» Trussell wrote in a note to clients Monday.
Following Apple's previous
earnings report in February, Chief Financial Officer Luca Maestri gave rare additional guidance, telling analysts on a conference call that iPhone revenue would grow by at least 10 %
year - over-
year in the current
quarter.
Blackstone said on Thursday first -
quarter earnings per share fell 20 percent
year - on -
year, as a stock market slump weighed on the value of its holdings.
For the past two
years, the company has announced an extra $ 50 billion for buybacks and dividends in conjunction with fiscal second -
quarter earnings.
IBM still remains profitable, reporting quarterly
earnings of $ 4.5 billion, up slightly from the same
quarter a
year earlier.
«This is the best
earnings season we've seen in the United States in seven
years and, frankly, the fourth consecutive really strong
quarter,» the firm's chief equity market strategist said Tuesday on CNBC's «Futures Now.»
While the company expects that the deal will close in the fourth
quarter of this
year and add to
earnings in 2018, analysts say the
earnings boost may not be as lucrative to shareholders in the short run as share buybacks.
BP disappointed analysts on Tuesday morning, reporting lower - than - expected net income in the fourth
quarter and annual
earnings that dipped to at least a 10 -
year low.
Oil major Royal Dutch Shell posted fourth -
quarter earnings of $ 1.0 billion, compared with $ 1.8 billion for the same
quarter a
year ago.
Morgan Stanley beat expectations in the same
quarter last
year, reporting diluted
earnings per share of $ 0.43 ($ 0.32 expected) on revenue of $ 7.86 billion ($ 7.63 billion expected).
Wells Fargo also noted that while Valeant reaffirmed first
quarter earnings per share guidance, but that full
year guidance was conspicuously absent.
During the first two
quarters of the
year,
earnings surged 15.5 percent and 10.8 percent, respectively.
In the same
quarter last
year, Citi reported
earnings per share of $ 1.31 ($ 1.28 expected) on revenue of $ 18.5 billion ($ 18.6 billion expected).
Third -
quarter S&P 500
earnings are expected to grow by 4 percent on a
year - over-
year basis, according to data from S&P Capital IQ.
Smurfit Kappa, which operates in 34 countries in Europe and the Americas, recorded a slight rise in full -
year earnings to 1.24 billion euros ($ 1.5 billion) last
year after a strong fourth
quarter.
Total revenue for the first
quarter actually jumped 15 % to $ 508.3 million, while net
earnings grew to $ 1.73 per share from $ 1.52 a
year earlier.
TD's domestic
earnings were $ 1.76 billion in the first
quarter, up 12 per cent from a
year earlier.
That would be a decline from the same
quarter a
year ago when
earnings per share were $ 4.38 on revenues of $ 7.69 billion.
On average, analysts expect the bank to report
earnings of $ 4.35 a share for the fourth
quarter, versus $ 4.60 a share a
year earlier.
Net
earnings rose to $ 799 million, or $ 2.65 per share, in the
quarter ended April 1 from $ 763 million, or $ 2.48 per share, a
year earlier.
That came despite the fact Goldman failed to impress investors in its first
quarter earnings Tuesday, posting trading revenue that was 2.4 % lower from a
year earlier, at $ 3.4 billion for the
quarter.
For the first
quarter of its fiscal
year 2017, which ended March 3, the company reported quarterly
earnings per share of 94 cents (non-GAAP) and revenue of $ 1.68 billion.
«I think we have been on this path for a number of
years,» GM CFO Chuck Stevens said on a call with reporters on Thursday, after the largest U.S. automaker released first -
quarter earnings.
In the first three months of the
year, Goldman Sachs workers at the mega-bank saw their pay and benefits increased by roughly $ 23,578 since the same
quarter last
year, according to the bank's first
quarter earnings release.
Okta has also wowed investors with its
earnings reports, issuing four better - than - expected
quarters in a row and giving wildly strong guidance for the
year ahead.
First
quarter 2018
earnings attributable to McDermott stockholders, computed in accordance with GAAP, were $ 35.2 million, or $ 0.12 per fully diluted share, compared to $ 21.9 million, or $ 0.08 per fully diluted share, for the prior -
year first
quarter.
The Toronto - based miner said adjusted net
earnings for the
quarter ended March 31 were $ 170 million, or 15 cents a share, compared with $ 162 million, or 14 cents a share in the same three - month period a
year ago.
And the market may just need an external catalyst, with the S&P 500 expected to grow
earnings 5 % this
quarter, down from the double - digit expansion seen in the first two
quarters of the
year.
Net
earnings attributable to Centene rose to $ 254 million, or $ 1.44 a share, in the second
quarter ended June 30, from $ 170 million, or 97 cents a share, a
year earlier.
Continuing a three -
year turnaround, eBay reported significant second -
quarter revenue gains today, including a 20 percent jump in the
earnings of its PayPal division over the second
quarter of 2012.
Cineworld said it expected the deal to «strongly» add to
earnings in the first full
year following completion, currently expected in the first
quarter of 2018.
The world's biggest smartphone maker kept its full -
year investment plan conservative and warned it would be difficult to increase
earnings in the first
quarter as demand pulls back from the
year - end holiday period.
On Monday afternoon, the tech giant reported third
quarter earnings that were 14 % below the same
quarter's results last
year.
Earnings before costs like tax, interest, and other deductibles were $ 237.3 million — 90 % of the total earned last
year and 418 % more than the previous
quarter.
Kohl's, which will report full fourth
quarter results, slashed its full
year earnings forecast to $ 2.92 to $ 2.97 per share, down from its previous guidance of $ 3.12 to $ 3.32 per diluted share.
Ford Credit saw
earnings before taxes rise 33 percent over the same
quarter last
year, to $ 641 million, but the company now expects full -
year EBT to be flat or lower than last
year.
Atlas Air Worldwide Reports Strong First -
Quarter Earnings Growth, Increases Full -
Year 2018
Earnings Outlook
The South Korean tech giant's third -
quarter earnings revealed a rebound after almost two
years of soft results.
«Our principal objective in the consumer lending business has been... continuing to grow receivables per branch, and we reached that objective again this
quarter, helping to drive Core
Earnings up 42 % from last
year,» president and CEO Jay Levine said in his third
quarter report to shareholders.
In its
earnings Red Hat said its fiscal fourth
quarter revenue rose 17 %
year over
year to $ 544 million.