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Earnings reports

FILE - This Friday, Oct. 10, 2008, file photo illustration shows Johnson & Johnson products, in Philadelphia. Johnson & Johnson is topping profit and revenue expectations for the first quarter partially on strong sales of its psoriasis treatment, Stelara. The New Brunswick, N.J., company on Tuesday, April 16, 2019 posted profit of $3.75 billion, or $1.39 per share. Earnings, adjusted for amortization costs and research and development costs, were $2.10 per share, or 7 cents better that Wall Street expected, according to a survey by Zacks Investment Research. (AP Photo/Matt Rourke, File)
April 16, 2019 - 8:04 am

Johnson & Johnson posts strong revenue in 1Q

Lower sales overseas and higher costs for research and litigation pushed Johnson & Johnson's first-quarter profit down 14%, but the health care giant still beat profit and revenue expectations. The maker of Tylenol and psoriasis drug Stelara on Tuesday said unfavorable currency exchange rates...
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FILE - In this June 15, 2018 file photo, United Healthcare correspondence is seen in North Andover, Mass. UnitedHealth Group is reporting strong first-quarter driven by its main insurance business, as well as its pharmacy benefits division. The Minnetonka, Minn., company on Tuesday, April 16, 2019 reported net income of $3.47 billion, or $3.56 per share. Earnings, adjusted for amortization costs, were $3.73 per share, topping Wall Street estimates by 13 cents, according to a survey by Zacks Investment Research. (AP Photo/Elise Amendola, File)
April 16, 2019 - 7:46 am

UnitedHealth beats expectations all around

UnitedHealth Group beat first-quarter expectations and raised its 2019 forecast, as the nation's largest insurer increased Medicare coverage and received another boost from its growing business outside health insurance. The performance softened, at least temporarily, an unusual stock price slump so...
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April 15, 2019 - 7:58 am

Goldman profits fall 21% from year ago, hurt by trading

NEW YORK (AP) — Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading. The investment bank earned a profit of $2.25 billion, or $5.71 a share, down from a profit of $2.83 billion, or $6.95 a share, in the same period a year earlier. The results...
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The logos for The Walt Disney Company and Chevron appear above a trading post on the floor of the New York Stock Exchange, Friday, April 12, 2019. Energy companies rallied after Chevron said it would pay $33 billion to buy rival Anadarko Petroleum and Disney surged 12% to an all-time high after it announced plans to offer its own video streaming service. (AP Photo/Richard Drew)
April 12, 2019 - 2:52 pm

Banks push US stocks higher after reporting solid profits

Stocks marched broadly higher in afternoon trading Friday on Wall Street, putting the market on track to erase most of the losses it sustained this week. Banks led the gains after a solid quarterly profit report from JPMorgan Chase opened the latest round of highly anticipated company earnings...
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FILE- This Nov. 29, 2018, file photo shows a Chase bank location in Philadelphia. JPMorgan Chase & Co. reports financial results Friday, April 12. (AP Photo/Matt Rourke, File)
April 12, 2019 - 7:43 am

JPMorgan's 1Q profits rise 5%, helped by higher rates

NEW YORK (AP) — JPMorgan Chase's first-quarter profits rose 5% from a year earlier, helped largely by higher interest rates, which have allowed banks like JPMorgan to charge more for loans. Higher interest rates helped make up for a drop in trading revenue. The nation's largest bank by assets and...
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FILE - In this Dec. 8, 2018, file photo, a worker fuels a Delta Connection regional airlines passenger jet at Logan International Airport in Boston. Delta Air Lines Inc. reports financial results Wednesday, April 10, 2019.(AP Photo/Bill Sikes, File)
April 10, 2019 - 8:12 am

Delta profit surges and releases strong outlook

ATLANTA (AP) — Delta reported a 30% profit surge during the first quarter and its outlook for the current quarter pushed company shares higher in early trading Wednesday. The Atlanta carrier earned $730 million, or $1.09 per share, for the quarter. A year earlier it earned $557 million, or 79 cents...
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FILE- In this March 21, 2019, file photo a Levi's banner adorns the facade of the New York Stock Exchange. Levi Strauss & Co. reports financial results on Tuesday, April 9. (AP Photo/Richard Drew, File)
April 09, 2019 - 4:37 pm

Levi's swings to 1Q profit; revenue up nearly 7%

NEW YORK (AP) — Levi Strauss & Co. swung to a profit and reported a nearly 7% increase in net revenue during the company's fiscal first quarter, an indication the jeans maker's investments online and in its denim products are paying off. Tuesday's earnings report marked Levi's first since its...
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Employees walk past the logo of the Samsung Electronics Co. at its office in Seoul, South Korea, Friday, April 5, 2019. Samsung Electronics Co. said Friday its operating profit for the last quarter likely fell more than 60% from a year earlier amid falling memory chip prices and slowing demand for display panels. (AP Photo/Ahn Young-joon)
April 04, 2019 - 11:22 pm

Samsung quarterly profit likely fell sharply as chips drop

SEOUL, South Korea (AP) — Samsung Electronics Co. said Friday its operating profit for the last quarter likely fell more than 60% from a year earlier amid falling memory chip prices and slowing demand for display panels. The South Korean technology giant estimated an operating profit of 6.2...
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March 26, 2019 - 11:40 am

Wall Street bonuses fall over $30K despite profit upturn

ALBANY, N.Y. (AP) — The average bonus paid to Wall Street traders dipped by more than $30,000 despite a jump of 11 percent in securities industry profits, according to a report released Tuesday by the comptroller for New York state. Comptroller Thomas DiNapoli's annual estimate of the average bonus...
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FILE- In this Nov. 29, 2018, file photo, a woman walks past a Tiffany & Co. store at a shopping mall in Beijing. Tiffany & Co. reports financial results on Friday, March 22, 2019. (AP Photo/Mark Schiefelbein, File)
March 22, 2019 - 9:09 am

Tiffany posts mixed results in fourth quarter

NEW YORK (AP) — Tiffany & Co. on Friday posted mixed results for the holiday season, with profit meeting estimates but revenue falling short. Shares of the company slipped 4 percent in premarket trading. The company reported fiscal fourth-quarter net income of $204.5 million. On a per-share...
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