Latest Earnings outlook News

Deutsche Bank lowers outlook as revenues disappoint

Apr. 26, 2019 5:43 AM EDT

BERLIN (AP) — Deutsche Bank said Friday its net income profit rose 67 percent in the first quarter, though revenue dropped 9 percent as proceeds from trading declined sharply. The company lowered its revenue outlook for the year. Germany's biggest bank reported details of its January-March earnings a day...

Starbucks raises 2019 profit outlook after earnings beat

Apr. 25, 2019 6:53 PM EDT

Starbucks Corp. is raising its profit outlook for 2019 after better-than-expected results in its most recent quarter. The Seattle-based coffee company said Thursday it earned $663.2 million, or 53 cents per share, in its fiscal second quarter, up slightly from the January-March period a year ago. Excluding...

3M shares sink on earnings, outlook and job cuts

Apr. 25, 2019 4:14 PM EDT

ST PAUL, Minn. (AP) — Shares in 3M posted their biggest one-day drop in decades after the company reported first quarter results that fell short of Wall Street projections. The company also announced plans to cut 2,000 jobs worldwide as part of a restructuring due to a slower-than-expected 2019. The maker...

Delta profit surges and releases strong outlook

Apr. 10, 2019 10:17 PM EDT

DALLAS (AP) — A new credit card deal and rising corporate travel boosted profit for Delta Air Lines in the first quarter, a trend it predicts will continue this spring. Delta executives said Wednesday that corporate-account revenue is up 10% from this time last year, helping offset choppy demand from...

Delta, AmEx renew credit card deal; Delta boosts outlook

Apr. 2, 2019 4:21 PM EDT

NEW YORK (AP) — American Express and Delta Air Lines extended their credit card partnership through 2029, the companies jointly announced Tuesday, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Separately, Delta raised its...