Latest Earnings estimates News

Bank profits soared in 2021, but inflation is front of mind

Jan. 14, 2022 14:14 PM EST

NEW YORK (AP) — Three of the nation’s biggest banks reported blowout profits for 2021 on Friday, helped by the improving economy and consumers and businesses willing to spend and take on loans. But Inflation is clouding the outlook for 2022, based on comments from bank...

Wells Fargo's $5.8 billion profit easily tops expectations

Jan. 14, 2022 11:23 AM EST

SILVER SPRING, Md. (AP) — Wells Fargo easily beat Wall Street expectations for the fourth quarter with interest rates beginning to take off, likely another boost for the nation's largest mortgage lender going forward. The San Francisco bank earned $5.8 billion, or $1.38 per share,...

JPMorgan 4Q earnings fall 14%, but 2021 profit sets record

Jan. 14, 2022 07:48 AM EST

NEW YORK (AP) — JPMorgan Chase says fourth-quarter profits fell 14% from a year earlier, due to a weaker performance from its trading desk and higher compensation expenses for employees. Even with the weaker quarter, JPMorgan had a record annual profit, nearly $50 billion. The...

Vaccinations, tests give Walgreens a fiscal 1Q sales jolt

Jan. 06, 2022 10:38 AM EST

COVID-19 vaccines and testing boosted Walgreens store sales growth to levels not seen in more than two decades, pushing the drugstore chain well above Wall Street expectations for the first quarter. Walgreens doled out 15.6 million vaccines in the quarter that ended November 30, up...

Oracle, Costco rise; Everbridge, Chewy fall

Dec. 10, 2021 16:35 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Everbridge Inc., down $52.37 to $63. The company said David Meredith was resigning as CEO and will be replaced on an interim basis by its chief financial officer and chief revenue...

PagerDuty, Raytheon rise; Stitch Fix, Vera Bradley fall

Dec. 08, 2021 16:28 PM EST

Stocks that traded heavily or had substantial price changes Wednesday: Raytheon Technologies Corp., up $1.49 to $86.50. The aerospace and defense company's board of directors approved a $6 billion stock buyback plan. Stanley Black & Decker Inc., up...

Kroger, Okta rise; Dollar General, Apple fall

Dec. 02, 2021 16:50 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Synopsys Inc., up $14.92 to $349.67. The maker of software used to test and develop chips gave investors an encouraging profit forecast. ...

Gap, Nordstrom fall; Deere, Pure Storage rise

Nov. 24, 2021 16:22 PM EST

Stocks that traded heavily or had substantial price changes Wednesday: Autodesk Inc., down $47.10 to $256.90. The design software company warned investors the pace of its recovery is being impacted by supply chain problems and pressure from inflation....

Deere Q4 profit jumps 69% despite strike and supply problems

Nov. 24, 2021 12:40 PM EST

Deere & Co. said its fiscal fourth-quarter profit jumped 69% on strong sales of its agricultural and construction equipment despite a monthlong strike that began near the end of the period as well as ongoing supply chain problems. The Moline, Illinois-based company...

Best Buy, Medtronic fall; Dollar Tree, Dycom rise

Nov. 23, 2021 16:21 PM EST

Stocks that traded heavily or had substantial price changes Tuesday: Best Buy Co., down $16.99 to $121.01. The consumer electronic chain's gross profit margins tightened during the third quarter. Dycom Industries Inc., up $16.41...