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- Written by Super Harley
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Video game maker Electronic Arts reported better than expected December quarter earnings after the market Thursday. However $EA traded lower after warning on next quarters revenue. FIFA Ultimate Team matches were up nearly 40% y/y as it competed with Fortnite.
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- Written by ThePitBoss
- Category: Earnings Reports
Retail monster Amazon.com reported higher than expected fourth quarter earnings Thursday, beating on revenue and on EPS. $AMZN was up 10% on upbeat guidance now expecting higher revenue.
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- Written by ThePitBoss
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General Electric reported better than expected fourth quarter earnings before the open Wednesday. $GE Shares continued to recover, rising 10% to be up nearly 50% in the past 12 months to its highest level since October 2018.
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- Written by ThePitBoss
- Category: Earnings Reports
Advanced Micro Devices reported better than expected Q4 earnings after the close Tuesday but guided revenue lower than expected over the year. $AMD has been on a tear in 2019, it was down 4% after the report.
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- Written by ThePitBoss
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Consumer electronics giant Apple reported better than expected fiscal first quarter earnings Tuesday. Revenue from iPhones rose 8% to $55.97 billion on new models.. Services grew 17% growth to $12.7 billion. $AAPL was cautious going forward with the Coronavirus.
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- Written by ThePitBoss
- Category: Earnings Reports
Semiconductor giant Intel reported better than expected fourth quarter earnings after the close Thursday. $INTC shares rose over 8% to its highest since the dot-com bubble in 2000.
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The world's largest oil fields service company Schlumberger reported better than expected Q4 earnings Friday. The report reflected the expected reduction in North America land activity and seasonal activity in the Northern Hemisphere.
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- Written by ThePitBoss
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Morgan Stanley reported better than expected fourth quarter earnings before the bell Thursday as rising markets helped the wealth and investment management business. $MS followed Bank of America $BAC JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC Goldman Sachs and Citigroup $C reporting
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Bank of America reported better than expected fourth quarter earnings before the bell Wednesday. However Of three main divisions, only its global markets business posted a quarterly increase in profit. $BAC followed Citigroup $C JPMorgan Chase $JPM. Wells Fargo $WFC,
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Citigroup posted better than expected results before the market with $C revenues from its fixed-income, currency and commodities trading division getting a boost from higher rates during the quarter. $C reported after other money center banks JPMorgan Chase $JPM, Wells Fargo $WFC.
