Citigroup results came in better than expected for the second quarter, the firm said Friday, buoyed by growth in emerging markets and its overall loan portfolio. Earnings were $1.28, compared with the Street at $1.21, and revenue was also above the Street at $17.9 billion,...
Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results Friday that topped Wall Street expectations. The headline numbers showed the company posted earnings of $1.07, better than the Street...
JPMorgan Chase posted results that helped kick off earnings season Friday morning. The firm showed traction in its loan book, mobile efforts and credit card portfolio. The headline numbers showed the largest U.S. bank (as measured by its asset base) beat Wall Street expectations. In...
Payments firm Verifone posted second quarter results that came in at the high end of guidance for the top line, and edged Wall Street estimates on the bottom line by a penny — but investors sent the stock down three percent after hours amid news...
Investors were pleased with the results out of discount retailer Ross as earnings results hit the wires yesterday. Share were up more than 3 percent after earnings results on the top and bottom line came out ahead of, or in line with, analyst expectations. By...
The world should watch Alibaba closely. While the Chinese eCommerce giant’s international presence to date is relatively small, that fact looks to change in just a few short years. To start, Alibaba just released its fourth-quarter earnings report, which showed core and other revenues to...
Investors weren’t too keen on Alibaba’s latest earnings, pushing shares downward as a result. Alibaba reported EPS of $0.63 for its fourth fiscal quarter, below expectations of $0.66. This miss brought Alibaba (BABA) shares down the morning of the release. Pre-market trading saw value trending...
In an earnings season for big retailers that has been marked with a lot of gnashing of teeth and rending of garments – Target managed something fairly remarkable with its quarterly number report: some surprisingly good news. Shares shot up a notable 8 percent in...
Snap Inc. (SNAP) shares dropped nearly 25 percent in after-hours trading as investors learned the tech and social media company had missed the expectations for the first quarter. In its first earnings report since going public earlier this year, Snap Inc. reported revenue of $149.65...
