Earnings Report

The Latest

  • Citigroup Reports 46 Percent Drop In Q1 Profits Amid Looming Defaults
    Citigroup Inc
    Citigroup reported a 46 decline in profits for the first quarter and is expecting a further decline in the coming quarter as more customers default on their loans and credit card debts.
  • Ford Forecasts $600 Million Net Loss For Its First Quarter
    Ford Motor
    Ford predicts that the ongoing health and economic crisis caused by the coronavirus pandemic could result in it reporting a $600 million loss for its first-quarter earnings.
  • Artificial Intelligence Firm iFlyTek Expecting Net Loss For First Quarter
    iFlytek Earnings
    iFlyTek reasoned that its grim forecast was mostly due to the disruptions caused by the pandemic in its operations, deliveries, and inspections.
  • Vision Fund Pushes SoftBank Close To Its First Annual Loss In 15 Years
    SoftBank Group Corp
    Softbank's $100 billion Vision Fund is expected to book a loss of more than 1.8 trillion yen, pushing the company to its first annual loss in over 15 years.
  • Samsung Reports Earnings Growth Bolstered By Memory Chip Business
    Samsung Q1 Earnings
    Samsung, the first tech giant to report its Q1 earnings, recorded a growth in profits, bolstered by its strong memory chip sales.
  • Kroger Reports 30 Percent Sales Surge, Takes Out $1 Billion Loan
    Kroger Co
    Kroger reported a massive 30 percent surge in sales last month as people flock to its offline and online outlets to stock up on essentials goods.
  • Pinduoduo Raises $1.1 Billion In Private Share Placement
    Pinduoduo E-commerce Platform
    Pinduoduo issued new Class A ordinary shares during a private share placement, raising more than $1.1 billion in new capital.
  • Nike Shares Rally As Fiscal Third-Quarter Sales Beat Top Estimates
    Nike Earnings
    The increase in Nike's digital sales managed to offset its poor business in China, which had been heavily affected by the coronavirus epidemic during the first two months of 2020.
  • Anta Sports Reports 30 Percent Jump In 2019 Net Profits
    Anta Sports Products
    Anta Sports Products Limited reported record earnings and a massive jump in its net profits last year, thanks to the increasing popularity of its Fila and Anta brands.
  • Chinese Sportswear Firm Xtep Forecasts Double-Digit Growth This Year
    Xtep Sportswear
    Xtep expects an increase in demand for its products as Chinese consumers become more health-conscious following the crisis.
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