Coca-Cola announced Monday (April 19) that March’s global unit case volume was back up to pre-pandemic levels. Net revenues were up 5 percent year-over-year to $9 billion. However, this recovery is “asynchronous,” James Quincey, the company’s chairman and chief executive officer, told analysts on a...
Ally Financial, a Detroit, Michigan-headquartered automotive financial services company, posted first-quarter 2021 results showing net income of $796 million, after reporting a loss in the same period in 2020, according to a Friday (April 16) press release. Get the Full Story Complete the form to unlock...
PNC Financial Services Group released its first-quarter earnings report Friday (April 16), showing an increase in retail banking along with an overall net income of $1.8 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As the first major health insurer to release Q1 results this year, the UnitedHealth Group has set the bar high. Across its Optum and UnitedHealthcare units, the company posted revenue growth of 9 percent, totaling $70.2 billion versus last year’s Q1 earnings of $64.4 billion....
Delta Air Lines reported on Thursday (April 15) that cash burn averaged $11 million per day during the March quarter, although the air carrier began generating $4 million per day in cash in the month of March. Get the Full Story Complete the form to...
In the first quarter of 2021, PepsiCo saw net revenue growth of 6.8 percent, for a total of $14.8 billion in revenue, up from last year’s $13.9 billion, the company announced on Thursday (April 15). Given that the quarter ended March 20, 2021 in North...
Truist Financial Corporation has reported its earnings for the first quarter, with the net income available to common shareholders being $1.3 billion, according to a company report. The earnings per diluted common share were $0.98, which represented a 34.2 percent increase from the same time...
With the pandemic economic crisis fading, Bank of America said on Thursday (April 15) that it had released $2.7 billion of the cash it had socked away last year for possible losses. The move doubled its first-quarter profits — from $4.01 billion in 2020 to...
Citigroup reported higher-than-expected profits of $7.9 billion, or $3.62 per share, for the first quarter of this year compared to last year’s $2.5 billion, or $1.05 a share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
