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Tag Archives: earnings

Goldman Sachs Earnings Up 26% in the First Quarter

Updated on April 17, 2018 8:01 pm ET Goldman Sachs Group Inc. GS 0.77% reported higher profits and revenue than a year ago when they caught up with the wave of lower taxes and new active markets that boosted quarterly results for other major banks. Wall Street sales rose from $ 8.03 billion a year ago to $ 10.04 billion. …

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UnitedHealth improves full-year earnings guidance after a solid first quarter

UnitedHealth Group Inc (UNH) posted a slightly weaker than expected first quarter result on Tuesday, but raised its full-year outlook as revenues outperformed Wall Street forecasts. UnitedHealth said earnings for the three months ending in March were $ 2.87 per share, just below the street's consensus of $ 2.89 per share, but down 28.7% from the same Period of the …

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General Electric lowers earnings 2016, 2017

General Electric Co. (GE) released an adjusted result on April 13, 2017 after ringing on Friday, April 13, cutting earnings per share by 30 cents for those two years. Adjusted earnings per share will decrease by 13 cents for 2016 and 17 cents for 2017, relatively in line with previous estimates of 13 cents and 16 cents, respectively. GE's shares …

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JPMorgan reports record earnings on high trading profits

Updated on April 13, 2018 at 7:56 pm ET JPMorgan Chase JPM 2.49% & Co. said its quarterly earnings rose 35% to an all-time high, as a strong economy and nearly a quarter of a billion dollars in tax savings boosted earnings. The stronger-than-expected first-quarter results were disrupted by large gains in profitability and in trading, both for stocks and …

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Wall Street Higher on Earnings Optimism, Syria Worries Ebb

Analysts expect quarterly profit for S & P 500 companies to rise 18.5 percent from a year ago, the biggest gain in seven years, according to Thomson Reuters I / B / E / S. At 11:20 a.m. ET, the Dow Jones Industrial Average was up 315.29 points, or 1.3 percent, at 24,504.74. The S & P 500 rose 26.45 …

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Delta's earnings and revenue gains exceeded expectations

Shares of Delta Air Lines Inc. DAL, -1.70% rose 0.6% before-hours on Thursday after the airline surpassed first-quarter earnings and sales expectations, but provided a slightly weaker sales growth outlook for the year. Net income was $ 547 million, or 77 cents per share, compared to $ 561 million, or 77 cents per share, in the same period last year. …

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Samsung Electronics is tapping Q1 earnings as the chip boom wears off

Samsung Electronics Co Ltd announced a surprise first-quarter record gain on Friday, but the market reaction was fueled by growing concern that the semiconductor boom that fueled the profits of the South Korean technology giant is coming to an end. Samsung shares fell after announcing analysts forecast similar or lower profits in the second quarter, due to slower growth in …

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