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Spending is up at Disney’s parks and resorts, which helped drive the company’s quarterly earnings up. Julia Boorstin reports.
A beat on the top and bottom lines would normally send a stock up, not down.
Consensus earnings growth expectations for the first quarter of 2019 have turned negative, which would mark the first decline since 2016.
Josh Lipton reports that Google’s parent company Alphabet reported better than expected earnings – but that costs rose as well.
Investors better buckle up as this earnings season could send them for a wild ride, according to data compiled by Goldman Sachs.
Amazon’s third-quarter earnings beat Street estimates, but its revenue and fourth-quarter outlook fell short of expectations, dropping its stock roughly 6 percent in after-hour trading.
“There’s no doubt that like others we’re currently benefiting from a very strong consumer environment, perhaps the strongest I’ve seen in my career,” Target CEO Brian Cornell told analysts on a call Wednesday.
Wall Street had expected software and services revenue to remain essentially unchanged from the previous quarter.
Despite the higher costs related to tariffs, Caterpillar raises its guidance.
CEO Marc Bitzer said Whirlpool saw weak performance in its Europe, Middle East and Africa business, which reported a 12.3 percent decrease in sales, excluding currency impacts.
Google parent company Alphabet beat Q2 earnings estimates and its stock jumped after-hours.
United Airlines shares surge after second-quarter profit tops Wall Street estimates.
Julia Boorstin reports the results of Netflix’s second quarter.
The Bank of America cost-cutting machine hummed along for another quarter.
Leslie Picker reports on the earnings from JP Morgan, Wells Fargo and Citibank.