Higher costs drag Marathon Petroleum Q3 earnings; stock dips
Marathon Petroleum Corp. (MPC) reported a decline in third-quarter earnings hurt by higher operating costs, despite strong revenue growth. Following...
Earnings
Teva’s shares soar on better-than-expected Q3 results and higher guidance
Teva Pharmaceutical Industries Ltd. (TEVA) saw its stock gain over 6.8% during premarket hours on Thursday after the company surpassed...
Allstate stock drops as Q3 profit misses estimates
The Allstate Corp. (ALL) reported a 31% jump in earnings for the third quarter helped by higher premiums earned, lower...
Express Scripts Q3 profit jumps 27%, meets estimates
Express Scripts Holding Co. (ESRX) reported a 27% jump in earnings for the third quarter helped by strong client retention...
AIG Q3 results miss estimates on catastrophe costs; net loss narrows
American International Group (AIG) Wednesday reported a net loss for the September quarter, contrary to expectations for positive earnings, hurt...
Qorvo stock ticks up after beating Q2 estimates
RF solutions provider Qorvo (QRVO) reported its second quarter 2019 financial results that beat consensus estimates. Non-GAAP EPS increased by...
Fitbit recovers top line in Q3 as fight with Apple Watch intensifies
Wearables veteran Fitbit (FIT) on Wednesday posted slight improvement in revenue of $394 million from last year’s $392.5 million, just...
Pepsi turns to nutrition as soda-based drinks lose their fizz
With more American dumping carbonated beverages and shifting to healthier alternatives, the cola giants are busy tweaking their product portfolios,...
Chesapeake soars 9% after delivering strong Q3 results
Chesapeake Energy Corporation’s (CHK) stock soared over 9% in morning trade today after the company topped estimates on revenues and...
Anthem surpasses Q3 results expectations and raises guidance
Anthem Inc. (ANTM) topped market estimates on revenue and earnings for the third quarter of 2018 and raised its outlook...
The Kellogg Co stock dips on weak outlook
The Kellogg Co (K) stock fell 5.5% in the premarket session after the breakfast-cereal giant posted drops in the sales...
Wireless growth fuels Sprint’s recovery in Q2; stock gains
Sprint Corp. (S) turned to profit in the second quarter as revenues increased amidst stable subscription growth, defying analysts’ expectations...
General Motors (GM) smashes past Q3 projections, shares up 10%
General Motors (GM) Wednesday reported third-quarter earnings of $1.87 per share, much higher than $1.26 per share projected by analysts,...
Skincare sales boost Estee Lauder’s Q1 results; stock jumps 7%
Shares of Estee Lauder Companies (EL) rose sharply in the pre-market Wednesday after the cosmetics manufacturer reported double-digit growth in...
Yum! Brands’ stock climbs after Q3 results top expectations
Yum! Brands Inc.’s (YUM) shares climbed around 3% in premarket hours on Wednesday after the company reported sales and profits...
Amgen’s stock down despite Q3 results beat
Amgen (AMGN) reported better-than-expected results on revenue and earnings for the third quarter of 2018. After gaining briefly following the...
eBay stock rallies after Q3 earnings beat; revenues meet street view
Riding on robust merchandise volume, eBay’s (EBAY) earnings increased and beat market estimates in the third quarter. Investors responded positively...
Electronic Arts returns to profit as Q2 2019 bookings inch up, but stock slips
After market close on Tuesday, Electronic Arts (EA) posted a 34% surge in total net revenue of $1.29 billion for...
FireEye posts upbeat Q3 results, lifts 2018 outlook
FireEye (FEYE) reported a narrower loss in the third quarter helped by lower operating expenses as well as higher revenue....
Earnings Preview: It’s a mixed bag for Teva Pharma in Q3
Teva Pharmaceutical Industries Ltd. (TEVA) is scheduled to post its third-quarter 2018 earnings on Nov 1, before the opening bell....
Allergan posts upbeat Q3 results
Allergan (AGN) reported better-than-expected results for the third quarter driven by double-digit growth from many of its key promoted brands,...