Latest Earnings News

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock

Nov. 02, 2024 11:11 AM EDT

OMAHA, Neb. (AP) — Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway's assorted businesses without...

Arbor Realty Trust: Q3 Earnings Snapshot

Nov. 01, 2024 08:32 AM EDT

UNIONDALE, N.Y. (AP) — UNIONDALE, N.Y. (AP) — Arbor Realty Trust (ABR) on Friday reported third-quarter earnings of $68.5 million. On a per-share basis, the Uniondale, New York-based company said it had profit of 31 cents. Earnings, adjusted for amortization costs and...

CBOE: Q3 Earnings Snapshot

Nov. 01, 2024 07:49 AM EDT

CHICAGO (AP) — CHICAGO (AP) — CBOE Global Markets, Inc. (CBOE) on Friday reported third-quarter earnings of $218.5 million. On a per-share basis, the Chicago-based company said it had net income of $2.07. Earnings, adjusted for one-time gains and costs, were $2.22 per share. ...

PPL: Q3 Earnings Snapshot

Nov. 01, 2024 07:49 AM EDT

ALLENTOWN, Pa. (AP) — ALLENTOWN, Pa. (AP) — PPL Corp. (PPL) on Friday reported third-quarter profit of $214 million. The Allentown, Pennsylvania-based company said it had net income of 29 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and...

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

Oct. 31, 2024 19:23 PM EDT

LOS ANGELES (AP) — Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading. For the three months that ended on Sept. 30, the Seattle-based tech giant posted a revenue of $158.9 billion, higher...

Customers Bancorp: Q3 Earnings Snapshot

Oct. 31, 2024 17:16 PM EDT

WEST READING, Pa. (AP) — WEST READING, Pa. (AP) — Customers Bancorp Inc. (CUBI) on Thursday reported third-quarter earnings of $46.7 million. The West Reading, Pennsylvania-based bank said it had earnings of $1.31 per share. Earnings, adjusted for non-recurring gains, came to...

Amcor: Fiscal Q1 Earnings Snapshot

Oct. 31, 2024 16:40 PM EDT

WARMLEY BRISTOL, Britain (AP) — WARMLEY BRISTOL, Britain (AP) — Amcor plc (AMCR) on Thursday reported fiscal first-quarter net income of $191 million. The Warmley Bristol, Britain-based company said it had profit of 13 cents per share. Earnings, adjusted for non-recurring costs,...

Amazon: Q3 Earnings Snapshot

Oct. 31, 2024 16:22 PM EDT

SEATTLE (AP) — SEATTLE (AP) — Amazon.com Inc. (AMZN) on Thursday reported third-quarter earnings of $15.33 billion. The Seattle-based company said it had profit of $1.43 per share. The results topped Wall Street expectations. The average estimate of 16 analysts...

Banco Bradesco: Q3 Earnings Snapshot

Oct. 31, 2024 13:25 PM EDT

OSASCO, Brazil (AP) — OSASCO, Brazil (AP) — Banco Bradesco SA (BBD) on Thursday reported third-quarter net income of $878.2 million. The Osasco, Brazil-based bank said it had earnings of 9 cents per share. Earnings, adjusted for non-recurring costs, came to 10 cents per share. ...

First Guaranty Bancshares: Q3 Earnings Snapshot

Oct. 31, 2024 11:39 AM EDT

HAMMOND, La. (AP) — HAMMOND, La. (AP) — First Guaranty Banchshares Inc. (FGBI) on Thursday reported net income of $1.9 million in its third quarter. The Hammond, Louisiana-based bank said it had earnings of 11 cents per share. The bank holding company posted...