Nascent U.S. stock rally hangs in balance as Wall St awaits megacap earnings
By Lewis Krauskopf NEW YORK – Results from the four largest U.S. companies by market value highlight a busy week of corporate earnings and could …
earnings
Marketmind: Earnings to the rescue?
A look at the day ahead in markets from Tommy Wilkes. The European corporate earnings season picks up pace on Tuesday and the evidence so …
Kuehne + Nagel’s quarterly earnings rise despite volatile supply chains
(Reuters) – Swiss logistics group Kuehne & Nagel International on Monday reported a 79% rise in its second-quarter net profit, citing growth in all business …
Twitter Blames Musk For Brutal Second Quarter Earnings
Twitter Blames Musk For Brutal Second Quarter Earnings Max Keating on July 22, 2022 Twitter’s second quarter earnings report released Friday underperformed analysts’ expectations, which …
Column: Extreme dollar a wake-up call for earnings outlook – Mike Dolan
By Mike Dolan LONDON – The U.S. dollar’s rampant surge may finally force corporate America to wake up to a brewing earnings recession. The investment …
Demand, costs in focus as U.S. airlines report earnings
By Rajesh Kumar Singh CHICAGO – Major U.S. airlines are poised to post their strongest earnings since the start of the pandemic when they report …
Big banks’ Q2 earnings to shed light on gloomy U.S. mortgage outlook
By Elizabeth Dilts Marshall NEW YORK – U.S. analysts and economists will be watching to see how banks’ mortgage businesses are faring during their second-quarter …
Investors fear earnings season will spark new equities selloff
By Danilo Masoni and Medha Singh MILAN – The upcoming corporate earnings season could prompt another sharp fall in global share prices with profit forecasts …
CON EDISON TO REPORT 2nd QUARTER 2022 EARNINGS ON AUGUST 4
NEW YORK, July 6, 2022 — Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2nd quarter 2022 earnings on August 4, 2022 after …
Analysis: High energy prices could sink U.S. stocks during earnings season
By David Randall NEW YORK – Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this …
Capital One Financial Corporation to Webcast Conference Call on Second Quarter 2022 Earnings
MCLEAN, Va., June 21, 2022 — On Thursday, July 21, 2022, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release …
Shipping giant CMA CGM sees uncertain outlook as earnings surge again
PARIS – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated …
U.S. retailer earnings show chasm among shoppers as inflation surges
By Siddharth Cavale NEW YORK – Earnings from retailers this week illustrated a split in shopping patterns of more- and less-affluent Americans dealing with the …
Best Buy earnings expected to fan inflation gloom gripping America’s retailers
By Uday Sampath Kumar (Reuters) – Expectations are running low for electronics retailer Best Buy Co Inc’s quarterly earnings on Tuesday after results from two …
Used-car retailer Carvana sees significant core earnings for 2023
(Reuters) – Carvana Co on Friday forecast significant core earnings for 2023, as the online used-car retailer spelled out plans to rein in spending on …
Manulife, Sun Life see 1st-qtr earnings decline; Asia COVID challenges weigh
By Nichola Saminather (Reuters) – Canada’s biggest life insurers, Manulife Financial and Sun Life Financial on Wednesday reported core earnings fell from a year ago …
Brake maker Brembo says order book full as core earnings climb
(Reuters) – Brake maker Brembo has a full order book and all of its plants are running at full capacity, apart from those in China …
CON EDISON REPORTS 2022 FIRST QUARTER EARNINGS
NEW YORK, May 5, 2022 — Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2022 first quarter net income for common stock of $602 …
European banks weather Ukraine war in Q1 earnings
LONDON – European banks counted the rising cost of war in Ukraine on Thursday as France’s Societe Generale, Credit Agricole and Italy’s UniCredit upped provisions …
Apollo Global Management’s Q1 earnings rise threefold
By Chibuike Oguh (Reuters) – Apollo Global Management Inc said on Thursday its first-quarter earnings jumped more than three times thanks to strong growth in …
Brazilian brewer Ambev posts Q1 earnings beat as volumes grow
SAO PAULO – Brazilian brewer Ambev SA’s first-quarter net income rose 29.1% from a year earlier as volumes increased, driven by its domestic and South …
Upbeat earnings, banks lift European shares
By Sruthi Shankar and Shreyashi Sanyal (Reuters) – European stocks rose on Tuesday after a string of upbeat earnings, while banking shares gained as government …
KKR’s first-quarter earnings jump 47% on strong asset sales, fees
(Reuters) – Private equity firm KKR & Co Inc said on Tuesday that its first-quarter distributable earnings rose 47% year-on-year, thanks to a surge in …
Uneven earnings season providing little fuel for volatile U.S. stock market
By Lewis Krauskopf NEW YORK – Mixed financial results from U.S. megacap companies are dampening an otherwise better-than-expected first-quarter earnings season and so far failing …
PBF Logistics Declares Quarterly Distribution of $0.30 per Unit and Announces First Quarter 2022 Earnings Results
First quarter net income attributable to the limited partners of $36.3 million, or $0.58 per common unit, EBITDA attributable to PBFX of $55.9 million and …
PEOPLES FINANCIAL SERVICES CORP. Reports First Quarter 2022 Earnings
SCRANTON, Pa., April 26, 2022 — Peoples Financial Services Corp. (“Peoples”) (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported …
AWH to Hold First Quarter 2022 Earnings Conference Call on Wednesday, May 11, 2022
NEW YORK, April 27, 2022 – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE: AAWH.U), (OTCQX: AAWH), a leading multi-state, vertically integrated cannabis operator, …
METROCITY BANKSHARES, INC. REPORTS EARNINGS FOR FIRST QUARTER 2022
ATLANTA, April 22, 2022 — MetroCity Bankshares, Inc. (“MetroCity” or the “Company”) (NASDAQ: MCBS), holding company for Metro City Bank (the “Bank”), today reported net income …
Inflation outlook may cloud resilient European earnings updates
By Joice Alves and Danilo Masoni LONDON – European companies are forecast to have coped with record inflation in the first quarter, but the big …
ASML Q1 earnings beat forecasts slightly, bookings seen strong
By Toby Sterling AMSTERDAM -ASML Holding NV, a key supplier to computer chip makers, reported on Wednesday first-quarter sales of 3.5 billion euros ($3.8 billion) …
UnitedHealth says deferred care demand not as high as feared, shares rise
By Amruta Khandekar and Bhanvi Satija (Reuters) -UnitedHealth Group Inc on Thursday modestly raised its 2022 profit forecast, saying demand for healthcare procedures deferred during …
FirstEnergy to Webcast First Quarter Earnings Teleconference
AKRON, Ohio, April 14, 2022 — FirstEnergy Corp. (NYSE: FE) will release financial results for the first quarter of 2022 after markets close on Thursday, …
U.S. airline demand, costs soaring as earnings kick off
By Rajesh Kumar Singh CHICAGO -Major U.S. airlines are enjoying the strongest travel demand in three years, yet investors will focus on how they are …
CON EDISON TO REPORT 1ST QUARTER 2022 EARNINGS ON MAY 5
NEW YORK, April 7, 2022 — Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2022 earnings on May 5, 2022 after …
Inflation, rising rates, war create uncertain outlook for U.S. earnings
By Caroline Valetkevitch NEW YORK – An aggressive Federal Reserve, soaring inflation and geopolitical uncertainty from the war in Ukraine are muddying the outlook for …
U.S. buybacks seen at record highs ahead of earnings reports
By Noel Randewich (Reuters) – U.S. stock buybacks appear to be hitting new records as companies head into quarterly earnings season, even as some investors …
Capital One Financial Corporation to Webcast Conference Call on First Quarter 2022 Earnings
MCLEAN, Va., April 1, 2022 — On Tuesday, April 26, 2022, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release its …
NEW YORK COMMUNITY BANCORP, INC. TO REPORT FIRST QUARTER 2022 EARNINGS AND HOST CONFERENCE CALL ON APRIL 27TH
HICKSVILLE, N.Y., March 30, 2022 — New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company”) today announced that it expects to issue its earnings release …
Buyout firm TPG’s fourth-quarter earnings jump 34% on strong asset sales
By Chibuike Oguh (Reuters) – TPG Inc said on Monday its fourth-quarter after-tax distributable earnings rose 34% year-on-year, driven by strong asset sales across its …
M&T Bank Corporation Announces First Quarter 2022 Earnings Release and Conference Call
BUFFALO, N.Y., March 16, 2022 — M&T Bank Corporation (“M&T”) (NYSE:MTB) plans to announce its first quarter 2022 earnings results in a press release that …
Britain’s Boohoo to meet earnings guidance as sales growth slows
LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in …
UBS downgrades eurozone stocks on earnings risk
MILAN – The wealth management arm of Swiss bank UBS has downgraded euro zone equities to neutral citing the potential for negative economic and earnings …
Dassault Aviation sees lower sales in 2022 after military earnings boost
-France’s Dassault Aviation said on Friday it expected to post lower sales this year than in 2021, as it reported a steep rise in annual …
NatWest earnings soar but rising prices bite
By Iain Withers LONDON -British bank NatWest swung to a hefty profit on the back of the country’s economic recovery but said rising prices will …
U.S. FTC eyes rule to claw back money from companies that lie about gig worker earnings
WASHINGTON – The U.S. Federal Trade Commission, which enforces consumer protection rules, voted on Thursday to embark on regulations that would allow it to win …
Waiting for earnings tailwinds in rough waters
A look at the day ahead from Danilo Masoni. Beneath the surface of the wild swings that have gripped markets this year, there is a …
Kraft Heinz plans more price hikes as sales, earnings beat estimates
By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to …
3M sees earnings hit from waning mask demand
– Industrial giant 3M Co on Monday forecast a slower pace of sales growth in 2022 and a 45 cent hit to its per-share earnings, …
Australia’s IAG cash earnings slump 62% as natural hazard claims surge
– Insurance Australia Group beat profit and dividend estimates on Friday for the first half, even as higher claims tied to natural disasters, including severe …
Linde sees double-digit 2022 earnings growth, pricing to offset energy price inflation
By Bartosz Dabrowski -Linde, the world’s largest industrial gas company, is targeting 10%-13% growth in adjusted earnings per share (EPS) in 2022, after reporting better-than-expected …