Earnings Report
The Latest
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Twitter Shares Drop Despite Q1 Earnings Beatings Estimates
Concerns over its performance in the coming quarters had erased Twitter's stock price gains from its better-than-expected first-quarter earnings results. Concerns over its performance in the coming quarters had erased Twitter's stock price gains from its better-than-expected first-quarter earnings results. -
Tesla's Earnings From China-Made Models Surges During First Quarter
Gross margins for Tesla's China-made model 3 sedans are nearing the margins for the same model made in the United States. Gross margins for Tesla's China-made model 3 sedans are nearing the margins for the same model made in the United States. -
American Airlines Reports Biggest Quarterly Loss Since 2008
The loss is the company's first quarterly loss since 2013 and its biggest ever incurred since 1998. The loss is the company's first quarterly loss since 2013 and its biggest ever incurred since 1998. -
LabCorp Withdraws 2020 Guidance After Reporting Q1 Net Loss
LabCorp reported a net loss of $317.2 million on revenues of $2.82 billion for the first quarter of this year. LabCorp reported a net loss of $317.2 million on revenues of $2.82 billion for the first quarter of this year. -
Merck Expects $2.1 Billion Sales Hit From Coronavirus Pandemic
Merck expects a huge hit on its sales this year given that more than two-thirds of its products need to be administered by doctors. Merck expects a huge hit on its sales this year given that more than two-thirds of its products need to be administered by doctors. -
HSBC First-Quarter Profits Fall By Nearly 50 Percent Amid Ongoing Crisis
HSBC attributed its poor performance for the quarter on the economic impact of the coronavirus pandemic and the continually lowering global oil prices. HSBC attributed its poor performance for the quarter on the economic impact of the coronavirus pandemic and the continually lowering global oil prices. -
Chinese EV Firm BYD Reports 42 Percent Decline In 2019 Profits
BYD attributed the decline in its profits last year to the cutting of government subsidies for new energy vehicles. BYD attributed the decline in its profits last year to the cutting of government subsidies for new energy vehicles. -
SAIC Motor Reports First Annual Profit Decline Since 2011
The Shanghai-based automaker reported a 28.9 percent drop in profits and a 6.88 percent decline in revenues in 2019. The Shanghai-based automaker reported a 28.9 percent drop in profits and a 6.88 percent decline in revenues in 2019. -
Morgan Stanley Not Likely To Hit 2020 Financial Targets, CEO Warns
Morgan Stanley CEO James Gorman told investors that previously set financial targets will likely be impossible to reach given the current economic situation. Morgan Stanley CEO James Gorman told investors that previously set financial targets will likely be impossible to reach given the current economic situation. -
Apple Supplier TSMC Reports Surge In Profits For First Quarter
TSMC reported a 42 percent surge in its revenues to $10.33 billion for its first-quarter ending in March. TSMC reported a 42 percent surge in its revenues to $10.33 billion for its first-quarter ending in March.