Toyota shares hit record high after earnings upgrade, domestic rivals in focus
TOKYO (Reuters) – Toyota Motor shares hit a record high on Wednesday after its earnings upgrade the prior day, with rivals Honda and Nissan also posting gains on expectations their solid hybrid…
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 puzzle of the summer so far is…
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 quarterly results starting on Wednesday. But mounting…
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 earnings this month, as U.S. Federal Reserve…
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 looking far too upbeat given mounting recession…
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 the market closes. Consolidated Edison, Inc. is…
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 could sink stock prices even deeper into…
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 its second quarter 2022 earnings results. Additionally,…
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 shipping market. French-based CMA CGM, one of…
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 highest inflation in four decades. As high…
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 major industry players showed Americans were balking…
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 advertising, expansion and other areas to offset…
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 as the COVID-19 pandemic took a toll…
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 due to a COVID-19 lockdown, its executive…
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 million or $1.70 a share compared with…
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 for the conflict without shattering investors’ confidence…
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 income from management fees and profit from…
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 American units, it said on Thursday, beating…
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 bond yields hit fresh highs in anticipation…
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 asset sales and a rise in revenue…
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 to fuel stock performance in the face…
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 Adjusted EBITDA of $56.6 million Strong base…
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 unaudited financial results at and for the…
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, today announced that it will hold a…
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 of $19.4 million, or $0.76 per diluted…
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 question for investors during the reporting season…
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