Apple's First-Quarter Earnings
A look at Apple's disappointing first-quarter earnings.
Apple Inc (AAPL) Earnings Preview: Will Tech Giant Beat Estimates In Fourth Quarter?
Keith Bliss, senior vice president and director of sales & marketing at Cuttone & Co., Inc. weighs in on Apple Inc.'s (AAPL) fiscal fourth quarter earnings released after the closing bell on Monday. Apple Inc. (NASDAQ: AAPL) is expected to report fiscal fourth quarter earnings of $7.93 per share on revenue of $36.8 billion, compared with earnings of $8.67 per share on revenue of $36 billion in the same year-ago period, according to Reuters. Wall Street expects the tech giant to post sales of 33
Wells Fargo & Co (WFC) Earnings: How Does Fed Taper Impact Housing Market In First Quarter?
Wells Fargo & Co. (NYSE: WFC) issued fiscal fourth-quarter net income of $5.37 billion, or $1 per share, compared with $4.86 billion, or 91 cents per share, a year earlier. Wall Street had expected the bank to post earnings of 98 cents per share, according analysts polled by Reuters. Shares of Wells Fargo rose 0.09 percent to $45.60 in afternoon trading. Jonathan Corpina, senior managing partner with Meridian Equity Partners Inc. , weighed in on JPMorgan and Wells Fargo earnings on Tuesday a
Microsoft Corporation (MSFT) Earnings Preview: Will Software Giant Beat Estimates In First Quarter?
Microsoft Corporation (Nasdaq: MSFT) is expected to report fiscal 2014 first-quarter earnings after the closing bell on Thursday, and Wall Street expects the software giant to post quarterly earnings of 54 cents on revenue of $17.80 billion, compared with a profit of 53 cents a share on revenue of $16.01 billion a year-ago. “Well, you want to see what the vision is and what the statement typically that follows the earnings is going to be going forward,” said Mark Newton, chief technical analyst
Alcoa Earnings Preview: Aluminum Producer Kicks Off Second Quarter Earnings Season
Alcoa Inc (NYSE: AA) is scheduled to report second quarter 2013 earnings after the bell Wednesday. Analysts polled by Reuters forecast the aluminum producer to post earnings of 10 cents a share for the second quarter of 2013 on revenue of $5.8 billion, down from sales of $6 billion a year before. Fears that Friday's better-than-expected jobs report could lead the Federal Reserve to scale back on stimulus measures sooner than expected weighed on Chinese stocks on Monday as t he Shanghai Compos
Coach's Disappointing Second Quarter Earnings
Shares of leather accessories retailer Coach are falling in morning trading after the company reported worse-than-expected second quarter earnings before the bell. Coach said it earned $1.06 a share in the second quarter, missing analysts' expectations for earnings of $1.11 a share.
Alcoa Inc (AA) Earnings: Will Aluminum Producer Beat Expectations In Fourth Quarter?
Adam Sarhan, founder and chief executive officer of Sarhan Capital, weighs in on fourth quarter earnings season and how aluminum demand will impact Alcoa Inc. (NYSE: AA) in the previous quarter. Sarhan also discusses expectations ahead of next week's financials earnings from Wells Fargo & Co. (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corp. (NYSE:BAC), Citigroup Inc. (NYSE:C) and Goldman Sachs Group Inc. (NYSE:GS). Alcoa Inc. (NYSE:AA) is scheduled to report fourth-quarter ear
McDonald's Earns $1.4B in Fourth Quarter
This morning, McDonald's (MCD) reported fourth quarter earnings of $1.4 billion, or $1.40 per share, as revenue climbed to $7.09 billion. The company topped Wall Street earnings estimates by a penny, but fell just short of revenue estimates.
ADM Sees Fourth Quarter Earnings Climb
This morning, Archer Daniels Midland (ADM) reported fourth quarter earnings of $374 million, or 56 cents per share, as revenue slid to $24.1 billion. Excluding one-time items related to the acquisition of GrainCorp, the company would have earned 95 cents per share, easily topping Wall Street estimates.
AK Steel Surges After Surprising Fourth-Quarter Earnings Outlook
Shares of AK Steel are surging after reporting a better-than-expected fourth-quarter earnings outlook on Wednesday. The steelmaker surprised Wall Street by predicting fourth-quarter earnings per share in the range of 2 cents to 6 cents when analysts had expected the company to predict a loss of 3 cents a share. AK Steel is attributing its higher expectations to rising shipments, stronger demand, as well as its recovery from a blast furnace outage that affected its facility in Middletown, Ohio.
Alcoa Inc (AA) Earnings Preview: How Will Aluminum Demand Impact Fourth Quarter?
Jonathan Corpina, senior managing partner with Meridian Equity Partners Inc., weighs in on what clues investors should watch for on Wednesday from the FOMC minutes and what to expect from Alcoa Inc. (NYSE: AA) when the aluminum producer reports fourth-quarter earnings on Thursday. Alcoa Inc. (NYSE:AA) is expected to report fourth-quarter earnings of 5 cents on revenue of $5.43 billion, compared with a profit of 21 cents a share on revenue of $5.90 billion in the year-ago period. In afternoon tr