CNBC Earnings

Procter & Gamble reported that its fiscal third-quarter U.S. sales surged 10% as consumers stocked up on staples like toilet paper ahead of the coronavirus outbreak.

A growing number of companies has nixed earnings guidance amid the coronavirus pandemic, and some in the corporate world say they should be dropped permanently.

The company is also working on a fourth diagnostic test for the coronavirus: A "lateral flow" blood test that can provide a diagnosis even more quickly.

Morgan Stanley warned that a sole bright spot for the financial industry, robust trading results, may prove to be fleeting.

BlackRock reported a 23% drop in quarterly profit, as investors pulled money out of its marquee funds and preferred cash management services.

Bed Bath & Beyond said that its results in 2020 "will be unfavorably impacted" by the crisis, and so it will not be offering a first-quarter nor full-year outlook.

Citigroup reported a sharp drop in its first-quarter profit as the bank built its loan-loss reserves by $4.9 billion.

The Wall Street bank benefited from greater turmoil and activity in markets in the quarter.

Bank of America set aside $3.6 billion to loan-loss reserves in the quarter, following similar actions from JPMorgan Chase and Wells Fargo.

UnitedHealth reported a 2.5% fall in first-quarter profit on Wednesday, hurt by higher medical costs.

Earnings season is kicking off as companies share how the coronavirus pandemic has weighed on their results, but CNBC's Jim Cramer says it's separating winners from losers.

JPMorgan is the first major U.S. bank to report earnings in a period marked by the coronavirus pandemic.

UnitedHealth Group earnings on Wednesday will provide the first window into the financial impact of the coronavirus crisis on the health-care industry.

J&J raised its dividend from 95 cents a share to $1.01, a 6.3% increase, and beat Wall Street's earnings and revenue expectations.

Roku said Monday that it was withdrawing its full-year 2020 financial outlook due to economic uncertainties around the Covid-19 pandemic.

Companies in every sector face challenges giving forward-looking guidance in a pandemic that remains unpredictable.

Starbucks also withdrew its outlook for fiscal 2020.

Walgreens is one of the retailers where U.S. customers have gone in recent weeks to stock up on over-the-counter medications, prescriptions and items such as cleaning supplies and disposable gloves.

Analysts are expecting S&P 500 earnings growth to decline 5.2% in the first quarter, according to FactSet.

Lululemon announced Thursday fiscal fourth-quarter results that topped expectations, as its same-store sales surged 20% during the period.