Latest Earnings News
Stock market today: Asian benchmarks mostly slide as investors focus on earnings
TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.” Japan's benchmark Nikkei 225 slid 2.1% to 37,670.50. South Korea's Kospi dropped 1.4% to...
Stock market today: Asian benchmarks mostly slide as investors focus on earnings
TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.” Japan's benchmark Nikkei 225 slid 1.4% in morning trading to 37,931.81. South Korea's Kospi...
Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline
DETROIT (AP) — Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline. The Dearborn, Michigan, automaker said Wednesday it made $1.33 billion from January through March, compared with $1.76...
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta said Wednesday its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms. But its shares dropped sharply in after-hours trading following lukewarm revenue guidance. ...
The First Bancshares: Q1 Earnings Snapshot
HATTIESBURG, Miss. (AP) — HATTIESBURG, Miss. (AP) — The First Bancshares Inc. (FBMS) on Wednesday reported net income of $20.6 million in its first quarter. The Hattiesburg, Mississippi-based bank said it had earnings of 65 cents per share. The bank holding company...
Colony Bankcorp: Q1 Earnings Snapshot
FITZGERALD, Ga. (AP) — FITZGERALD, Ga. (AP) — Colony Bankcorp Inc. (CBAN) on Wednesday reported first-quarter earnings of $5.3 million. The bank, based in Fitzgerald, Georgia, said it had earnings of 30 cents per share. Earnings, adjusted for one-time gains and costs, came to 33...
Live Oak Bancshares: Q1 Earnings Snapshot
WILMINGTON, N.C. (AP) — WILMINGTON, N.C. (AP) — Live Oak Bancshares Inc. (LOB) on Wednesday reported first-quarter profit of $16.5 million. The Wilmington, North Carolina-based bank said it had earnings of 36 cents per share. The results did not meet Wall Street...
FS Bancorp: Q1 Earnings Snapshot
MOUNTLAKE TERRACE, Wash. (AP) — MOUNTLAKE TERRACE, Wash. (AP) — FS Bancorp Inc. (FSBW) on Wednesday reported first-quarter earnings of $8.4 million. The bank, based in Mountlake Terrace, Washington, said it had earnings of $1.06 per share. The results surpassed...
Origin Bancorp: Q1 Earnings Snapshot
RUSTON, La. (AP) — RUSTON, La. (AP) — Origin Bancorp Inc. (OBK) on Wednesday reported first-quarter profit of $22.6 million. The bank, based in Ruston, Louisiana, said it had earnings of 73 cents per share. The results topped Wall Street expectations. The average...
First Mid Bancshares: Q1 Earnings Snapshot
MATTOON, Ill. (AP) — MATTOON, Ill. (AP) — First Mid Bancshares, Inc. (FMBH) on Wednesday reported first-quarter net income of $20.5 million. The Mattoon, Illinois-based bank said it had earnings of 86 cents per share. Earnings, adjusted for non-recurring costs, came to 93 cents...
