Earnings reports

August 06, 2018 - 1:23 am
Global bank HSBC says its pre-tax profit in the first half of the year rose 4.6 percent as its strategy focused on growing markets paid off. The London-based bank's $10.7 billion pre-tax profit in January-June compared with $10.2 billion a year earlier. Quarterly pre-tax profit surged to $5.96...
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August 04, 2018 - 11:28 am
Berkshire Hathaway Inc. on Saturday reported a $12 billion second-quarter profit. Warren Buffett's conglomerate reported a profit of $4.87 per Class B share. A year ago, Berkshire reported $4.3 billion in net income, or $1.73 per Class B share. Buffett has long said Berkshire's operating earnings...
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A visitor walks through a Toyota showroom in Tokyo Friday, Aug. 3, 2018. Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S. and other overseas markets. (AP Photo/Eugene Hoshiko)
August 03, 2018 - 5:29 am
TOKYO (AP) — Toyota Motor Corp. logged a better than expected performance in the last quarter, reporting Friday that its quarterly profit jumped 7.2 percent to a record 657.3 billion yen ($5.9 billion), thanks to strong sales in the U.S. and other overseas markets. The maker of the Camry sedan,...
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August 03, 2018 - 4:33 am
LONDON (AP) — The Royal Bank of Scotland has announced a fall in second-quarter profit after being hit by a big charge from U.S. authorities over past misdeeds. But the bank says it is putting its troubled past behind it and will pay its first dividend to shareholders in a decade. RBS, which...
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FILE--In this Aug. 14, 2015, file photo, performers stand on stage during the Kabuki Spectacle in front of the Bellagio hotel and casino in Las Vegas. MGM Resorts International on Thursday, Aug. 2, 2018, reported second-quarter earnings of $123 million. (AP Photo/John Locher, file)
August 02, 2018 - 3:59 pm
LAS VEGAS (AP) — Industry analysts grilled MGM Resorts International executives Thursday after the company forecast weak results for the current quarter because — just like its competitors — it expects fewer scheduled entertainment events and lower room rates in Las Vegas this summer. Chairman and...
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FILE - In this Oct. 17, 2017, file photo, customers line up at a Taco Bell restaurant inside Miami International Airport in Miami. The parent company of KFC, Taco Bell and Pizza Hut reported second-quarter results that beat Wall Street’s view, but a key sales metric failed to meet expectations. Sales at Pizza Hut restaurants open at least a year dipped 1 percent. KFC and Taco Bell reported a 2 percent rise in the metric. (AP Photo/Wilfredo Lee, File)
August 02, 2018 - 11:59 am
LOUISVILLE, Ky. (AP) — Yum reported a key sales figure for the second quarter that fell short of Wall Street expectations, with results mixed for its Taco Bell, KFC and Pizza Hut chains. The Louisville, Kentucky company said sales rose 1 percent at restaurants open at least a year. Analysts...
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August 02, 2018 - 9:50 am
NEW YORK (AP) — CBS will report second-quarter earnings on Thursday as turmoil swirls around the media company as the important fall TV season approaches. CEO Les Moonves is facing a board investigation after the New Yorker published a story on Friday with six women accusing him of sexual...
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FILE - In this April 15, 2018, file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Tesla’s second-quarter revenue should grow by more than $1 billion as it delivered more Model 3 electric cars. But analysts predict it won’t be enough to stop the company’s net loss from rising dramatically when the Palo Alto, Calif., company reports earnings after the bell Wednesday, Aug. 1. (AP Photo/David Zalubowski, File)
August 01, 2018 - 5:11 pm
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars. But the company reiterated a promise from CEO Elon Musk to post net profits in the third and fourth quarters, and Telsa'...
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August 01, 2018 - 2:05 pm
MILAN (AP) — Fashion house Prada says a strong acceleration in ready-to-wear sales has pushed first-half profits up by 11 percent as the fashion house returned to revenue growth. Prada on Wednesday reported net income of 106 million euros ($123 million) in the period, on revenues of 1.5 billion...
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The logo for Ferrari is displayed above a trading post on the floor of the New York Stock Exchange, Wednesday, Aug. 1, 2018. Sports carmaker Ferrari confirms its 2018 earnings forecasts after posting an 18-percent rise in second-quarter profits and a rise in deliveries. (AP Photo/Richard Drew)
August 01, 2018 - 12:41 pm
MILAN (AP) — Shares in sportscar Ferrari tanked Wednesday after the new CEO told analysts that an annual revenue target set by the late former chief executive, Sergio Marchionne, was "aspirational." Louis Camilleri, who is also chairman at long-time Ferrari sponsor Philip Morris International, had...
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