Halfway through earnings season, the coronavirus resurgence is overshadowing great results
We are now halfway through a spectacular third-quarter earnings season, but the market has shrugged.
CNBC Earnings
Yum Brands quarterly revenue rises 8%, fueled by higher Taco Bell demand
Yum Brands reported that quarterly revenue rose 8%, fueled by Taco Bell's return to positive same-store sales growth.
Tapestry shares surge after Coach owner's sales fall less than expected, boosted by China, e-commerce
Coach owner Tapestry reported quarterly results that topped estimates, driven by triple-digit e-commerce growth and a rebound in China.
Gilead's revenue rises 17% driven by sales of coronavirus treatment remdesivir
Remdesivir generated $873 million in sales during the third quarter, mostly in the U.S., the company said.
Ford blows away earnings expectations as consumers buy up trucks during pandemic
Ford blew away Wall Street expectations as well as the company's forecast earnings for the third quarter on stronger-than-expected demand during the coronavirus pandemic.
Pinterest stock soars on big revenue beat and strong user numbers
Pinterest's stock price soared as much as 30% after hours on Wednesday as the company posted strong revenue and user growth in its third-quarter earnings.
Boeing to cut 7,000 more jobs as pandemic hits aircraft demand
Boeing reported another rough quarter as it faces weak jetliner demand, the continued grounding of its 737 Max and the coronavirus pandemic
GE shares jump after company posts surprise adjusted third-quarter profit, revenue tops expectations
Here are GE's results for the third quarter of 2020.
Bed Bath & Beyond targets 'stable' sales growth in 2021, low-to-mid single-digit gains by 2023
Bed Bath & Beyond, ahead of its annual meeting with investors Wednesday, laid out a three-year road map and offered fresh financial targets.
Microsoft dips on weak revenue guidance
Microsoft beat across the board but fell short on revenue guidance as it predicted enduring challenges on selling Windows for business use.
Burger King parent's quarterly sales fall 8% as pandemic weighs on Tim Hortons sales
Restaurant Brands International reported that its quarterly revenue fell 8%, dragged down by slower sales at Tim Hortons and Burger King.
Caterpillar reports a 54% drop in earnings in the third quarter amid lower equipment demand
Caterpillar's adjusted earnings per share of $1.34 on revenue of $9.9 billion in the quarter beat analyst expectations.
3M earnings top expectations amid strong personal-safety equipment sales
3M reported third-quarter results that beat analyst expectations on the back of strong personal-safety and health equipment sales.
Record earnings beat is still not good enough for the market and profit misses are severely punished
Corporate profits are performing at a record pace relative to expectations, but investors so far seem unimpressed.
Intel drops on weak results for its data center group
The pandemic fueled growth in Intel's PC business, but data center spending fell off in the quarter.
Southwest Airlines posts biggest-ever loss as coronavirus slams demand
Despite its biggest loss ever, Southwest Airlines was able to cut its cash burn.
American Airlines reports $2.4 billion net loss in third quarter, cuts cash burn
American Airlines posted another quarterly loss as coronavirus hit summer travel demand.
Coca-Cola earnings top estimates, despite 9% decline in revenue
Coca-Cola reported a 6% decline in organic sales for its third quarter.
Tesla shares jump 5% after reporting fifth consecutive quarter of profits
Elon Musk's carmaker reported net income of $331 million on revenue of $8.77 billion in the third quarter.
Chipotle shares fall despite earnings beat, as robust delivery growth weighs on profits
Shares of Chipotle, which has a market value of $38 billion, have risen 62% so far this year.
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