Latest Earnings News

G7 allies are moving ahead with a $50 billion loan for Ukraine backed by frozen Russian funds

Oct. 23, 2024 11:40 AM EDT

WASHINGTON (AP) — Ukraine will receive $50 billion in loans, backed by frozen Russian assets, from Group of Seven allies, the White House said Wednesday. Distribution of the money will begin by year's end, according to American officials who said the United States is providing $20 billion of the...

Stock Yards: Q3 Earnings Snapshot

Oct. 23, 2024 07:47 AM EDT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Stock Yards Bancorp Inc. (SYBT) on Wednesday reported third-quarter profit of $29.4 million. The bank, based in Louisville, Kentucky, said it had earnings of $1 per share. The results topped Wall Street expectations....

Stifel: Q3 Earnings Snapshot

Oct. 23, 2024 07:22 AM EDT

ST. LOUIS (AP) — ST. LOUIS (AP) — Stifel Financial Corp. (SF) on Wednesday reported net income of $158.5 million in its third quarter. The company, based in St. Louis, said it had earnings of $1.34 per share. Earnings, adjusted for pretax expenses, were $1.50 per share. ...

Popular: Q3 Earnings Snapshot

Oct. 23, 2024 07:21 AM EDT

HATO REY, Puerto Rico (AP) — HATO REY, Puerto Rico (AP) — Popular Inc. (BPOP) on Wednesday reported third-quarter net income of $155 million. The Hato Rey, Puerto Rico-based bank said it had earnings of $2.16 per share. The company that runs Banco Popular and other...

First Bancorp: Q3 Earnings Snapshot

Oct. 23, 2024 07:12 AM EDT

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — First Bancorp (FBP) on Wednesday reported third-quarter profit of $73.7 million. The San Juan, Puerto Rico-based bank said it had earnings of 45 cents per share. The results exceeded Wall Street...

Evercore: Q3 Earnings Snapshot

Oct. 23, 2024 06:56 AM EDT

NEW YORK (AP) — NEW YORK (AP) — Evercore Inc. (EVR) on Wednesday reported net income of $78.4 million in its third quarter. The New York-based company said it had earnings of $1.86 per share. Earnings, adjusted for one-time gains and costs, came to $2.04 per share. ...

Boston Scientific: Q3 Earnings Snapshot

Oct. 23, 2024 06:48 AM EDT

MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Boston Scientific Corp. (BSX) on Wednesday reported third-quarter earnings of $469 million. On a per-share basis, the Marlborough, Massachusetts-based company said it had net income of 32 cents. Earnings, adjusted for costs...

Prosperity Bancshares: Q3 Earnings Snapshot

Oct. 23, 2024 06:39 AM EDT

HOUSTON (AP) — HOUSTON (AP) — Prosperity Bancshares Inc. (PB) on Wednesday reported third-quarter profit of $127.3 million. The Houston-based bank said it had earnings of $1.34 per share. The results surpassed Wall Street expectations. The average estimate of nine...

MakeMyTrip: Fiscal Q2 Earnings Snapshot

Oct. 23, 2024 06:34 AM EDT

GURGAON, India (AP) — GURGAON, India (AP) — MakeMyTrip Ltd. (MMYT) on Wednesday reported earnings of $17.9 million in its fiscal second quarter. The Gurgaon, India-based company said it had net income of 16 cents per share. Earnings, adjusted for stock option expense and pretax...

Starbucks reports weak quarterly results despite the arrival of Pumpkin Spice Latte season

Oct. 22, 2024 18:24 PM EDT

It’s been a disappointing start to Pumpkin Spice Latte season for Starbucks. The Seattle coffee giant on Tuesday reported weaker-than-expected sales in its fiscal fourth quarter, which ended Sept. 29. It also said it would suspend financial guidance for its 2025 fiscal year to give...