Category: Earnings

General Motors Q4 2017 earnings

General Motors reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, driven by sales of crossovers, and strong pricing and cost...

Surging rates won’t hurt rally thanks to tax reform, says Ed Yardeni

Even though the 10-Year Treasury yield is trading around the highest level since April 2014, Wall Street veteran Edward Yardeni doesn’t see it hurting the stock...

AbbVie raises 2018 forecast, quarterly profit beats on strong Humira sales

AbbVie, the maker of the world’s best selling drug, reported fourth-quarter profit on Friday that beat Wall Street estimates on strong sales for its blockbuster...

The bull case for Netflix ahead of earnings

Netflix looks attractive heading into its quarterly earnings report being issued Monday afternoon, even after a massive run, strategist Mark Tepper says. Netflix shares...

For tech companies like IBM, their tax rates may go up this year under the new bill

For technology companies, specifically those offering services and software, the new tax bill could end up raising their tax rates this year. Bernstein warned of this...

Delta 4Q profits beat estimates and airline raises guidance

Delta Air Lines on Thursday posted fourth-quarter earnings that beat Wall Street’s expectations, and it raised its 2018 guidance about 20 percent. Fueling...

Morgan Stanley to take $1.25 billion hit in the fourth-quarter from the tax bill

Morgan Stanley said on Friday it would take a $1.25 billion hit in its fourth-quarter earnings due to a cut in the corporate tax rate as part of the U.S. tax code...

Chinese smartphone maker Huawei reported slower revenue growth

China’s Huawei on Friday flagged overall and smartphone revenue figures for 2017 that represented its slowest growth in four years, and vowed to extend its global...

Nike earnings Q2 2017

Nike’s growth in international markets helped the company’s quarterly profit and sales beat Wall Street estimates on Thursday, but a drop in gross margins...

Accenture’s profit beats as digital, cloud investments pay off

Accenture reported a better-than-expected quarterly profit, as the consulting and outsourcing services provider gained from its push into digital and cloud services. The...