Lilly revenue beats forecasts, drugmaker raises 2016 profit view
Eli Lilly on Tuesday reported sales above Wall Street expectations and slightly raised its profit view for the full year, citing a tax benefit.
Spirit Airlines quarterly results beat on top and bottom lines
Spirit Airlines reported profit above analysts’ estimates, as cheap fuel and revenue from bag and other fees added to its bottom line.
Handbag maker Coach’s sales rise 11%, spurred by demand in China and Europe
Coach, which has been trying to regain its cachet in the luxury handbag market, reported an 11 percent rise in quarterly sales.
Lockheed Martin’s revenue rises 15.7%
Lockheed Martin reported a 15.7 percent rise in sales, helped by the acquisition of Sikorsky Aircraft and higher sales of its F-35 fighter jets.
Post-it notes maker 3M’s profit beats estimates on lower costs
Diversified manufacturer 3M reported a higher-than-expected 6.6 percent rise in quarterly profit, helped by lower costs.
P&G reports better-than-expected rise in profit, but quarterly sales drop 7%
P&G sales fell as demand for grooming and health care products weakened and a strong dollar hurt exports.
DuPont quarterly sales decline 5.5%, hurt by the stronger dollar
Chemicals and seed producer DuPont reported a 5.5 percent fall in first-quarter sales mainly due to the strong dollar.
Printer maker Xerox’s revenue falls 4.2%, hurt by stronger dollar
Printer and copier maker Xerox reported a 4.2 percent fall in its quarterly revenue, hurt by a strong dollar.
KKR posts first-quarter loss as choppy financial market bites
KKR reported its second loss in quarterly earnings in less than a year as volatile financial markets dragged on the value of its investments.
AutoNation CEO: ‘Biblical hail’ pounded profits
AutoNation’s Mike Jackson says the company missed estimates on earnings because of “epic, biblical hail storms.”
American Air first-quarter profit beats estimates
American Airlines reported a first-quarter profit on Friday that exceeded analysts’ estimates as cheap fuel continued to prop up its bottom line.`
Caterpillar earnings miss by a penny a share
Caterpillar on Friday reported earnings that fell short of analysts’ expectations, and lowered its midpoint 2016 revenue outlook.
GE profit beats, but organic revenue slips 1%
GE’s organic revenue fell 1 percent, raising questions about the company’s full-year revenue target.
McDonald’s stock up 2% following earnings beat
McDonald’s shares went higher Friday after the company announced better than expected earnings.
Starbucks down 5% following revenue miss
Starbucks shares plummeted more than 4 percent Thursday after the company announced earnings that missed Wall Street expectations.
Microsoft falls as much as 5% after earnings miss
Microsoft reported quarterly earnings missed analysts’ expectations, while revenues came basically in line.
Alphabet falls after results miss on top and bottom
After releasing weaker-than-expected results the company’s class A shares fell by about 6 percent in after-hours trade.
Texas storms hit insurer Travelers profit
Travelers reported a 17 percent drop in profit on Thursday as catastrophe losses nearly doubled, mainly due to hail storms in Texas in late March.
Under Armour’s quarterly revenue jumps 30%
Under Armour posted a 30 percent jump in revenue, helped by strong demand for its sports apparel and launches of new running and basketball shoes.
Verizon matches expectations, but revenue is light
Verizon reported quarterly earnings that was in line with analysts’ expectations on Thursday, but revenue came in a little light.
GM beats big on top and bottom lines
General Motors on Thursday reported earnings and revenue that topped analysts’ expectations.
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