American Airlines beats fourth-quarter profit expectations as higher fares buoy revenue
As it heads into its first quarter of 2023, the airline expects capacity to be 8% to 10% higher than the first quarter of 2022.
CNBC Earnings
Comcast beats expectations even as broadband growth slows, Peacock racks up losses
Comcast reported fourth quarter earnings before the bell, beating analyst expectations.
Levi Strauss beats estimates, offers upbeat guidance for fiscal year
Levi Strauss sales fell, but still topped Wall Street's expectations. The company also offered positive revenue guidance.
Tesla reports record revenue and beats on earnings
Electric vehicle maker Tesla reported earnings after the bell. Here are the results.
IBM tops revenue estimates, says it will cut 3,900 jobs
Growth in mainframe sales helped IBM avoid slipping back into a pattern of declining revenue. The company faces a high bar for free cash flow in 2023 and 2024.
AT&T shares jump as subscriber growth tops analyst expectations
CEO John Stankey dismissed the idea that the phone carrier industry is in a pricing war.
Microsoft offers lackluster guidance, says new business growth slowed in December
Microsoft saw slower Azure growth and device execution challenges in a quarter where it took a $1.2 billion charge, mainly for cutting 10,000 jobs.
Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand
Boeing's orders and deliveries rose last year as travel rebounded.
Semiconductor giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. chip restrictions
Dutch chip equipment maker ASML forecast a 25% jump in 2023 revenue as the semiconductor industry forecasts a recovery in the second half of this year.
Netflix blows away expectations on subscriber numbers
Netflix reported earnings after the bell. Here are the results.
Procter & Gamble revenue and profit fall as company looks to higher prices to offset declining sales
Procter & Gamble reported falling revenue and profit on Thursday, as higher prices struggled to offset declining sales volumes.
United results top estimates as demand remains resilient despite high fares
United Airlines' fourth-quarter profit topped Wall Street estimates thanks to strong demand and high fares.
Morgan Stanley shares jump nearly 6% as bank's earnings top estimates on record wealth management revenue
Morgan Stanley fourth-quarter earnings are down sharply from last year, but were able top analysts expectations.
Goldman Sachs posts its worst earnings miss in a decade as revenue falls while expenses rise
Goldman Sachs on Tuesday posted its biggest earnings miss in a decade.
Higher labor costs dent Delta's profit forecast but travel demand is still strong
Delta and other airlines had said demand remained strong throughout the quarter.
Citigroup's fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
Citigroup reported fourth-quarter earnings on Friday. Here's how they did.
Bank of America tops expectations as higher rates help offset declines in investment banking
Bank of America saw yearly gains in net interest income thanks to higher rates in the fourth quarter.
Wells Fargo shares rise even as bank's profits cut in half by higher reserves, settlement costs
The disappointing earnings report came after Wells Fargo said earlier this week that it would retrench from the U.S. mortgage market.
JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now 'central case’
JPMorgan, the biggest U.S. bank by assets, now expects a recession as its most likely scenario.
American Airlines shares jump nearly 10% after airline hikes revenue and profit outlook
Strong demand and high fares lifted American Airlines fourth-quarter revenue.
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