CNBC Earnings

The conglomerate has paid down its debt during the pandemic and cut costs, including through layoffs in its aviation business.

The drug and and consumer products company reported adjusted earnings of $1.86 per share, higher than the $1.82 expected in a survey of analysts by Refinitiv.

Intel's earnings beat its own projections, which the company attributed to strong PC sales, especially in the low-end.

United Airlines posted another quarterly loss and said it expects sales to continue to struggle in the first quarter.

Intel faces a critical moment as new CEO Pat Gelsinger takes over next month for Bob Swan and activist hedge fund Third Point calls for major changes.

IBM's revenue has fallen for four consecutive quarters, a familiar theme for the company.

American Eagle outlined its plans to close hundreds of stores in the coming years, while it looks to grow Aerie to a $2 billion business.

Morgan Stanley reported a 51% increase in profit to $3.39 billion, or $1.81 per share, compared with the $1.27 estimate by Wall Street analysts.

Procter & Gamble said its fiscal second-quarter revenue rose 8%, led by higher demand for its cleaning products and grooming tools.

The company said it is close to being free cash flow positive and will consider returning cash to shareholders through buybacks. 

Goldman equities traders produced a 40% bump in revenue from a year earlier to $2.39 billion, exceeding expectations by nearly half a billion dollars.

Bank of America revenue of $20.2 billion fell short of the $20.7 billion expected by Wall Street analysts.

Schwab now operates nearly 29.6 million brokerage accounts. Assets grew to a record $6.69 trillion at the end of 2020.

Citigroup's earnings per share of $2.08 far exceeded Refinitiv estimates of $1.34.

JPMorgan Chase's fourth-quarter earnings per share of $3.79 beat the Refinitiv estimate of $2.62.

Wells Fargo's Q4 EPS of 64 cents exceeded Refinitiv's estimate of 60 cents, but revenue of $17.93 billion fell short of the $18.127 billion forecast.

Delta lost a record $12.39 billion in 2020 but is setting its sights on a recovery in 2021 even though it expects more difficult months ahead.

Target must prove it can hold on to market share gains as Americans get vaccinated and feel more comfortable returning to malls.

Lululemon has not offered an outlook for the full year due to the ongoing effects of the Covid pandemic.

Crocs said it expects 2020 sales to grow more than 12% to a record of roughly $1.38 billion, up from a previous range calling for 5% to 7% growth.