- Details
- Written by ThePitBoss
- Category: Earnings Reports
Technology giant IBM reported better than expected Q4 earnings after the close Tuesday. $IBM raised future guidance and also reported full-year revenue of $79.6 billion, up 1% and the first year-over-year growth in 7 years.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Oil and gas servicing giant Halliburton reported better than expected earningsTuesday before the market. $HAL followed earnngs from Schlumberger and ahead of Baker Hughes a GE Co, The concern is North American revenue was down 11% sequentially.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
The world's largest oil fields service company Schlumberger reported better than expected earnings Friday. On a sequential basis, $SLB revenue was 4% due to lower activity and pricing for most businesses within the Production and Cameron segments in North America land.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Streaming giant Netflix reported fourth quarter earnings after the close Thursday that beat on most metrics but was missed on revenue forecasts. Analysts had been pushing the stock after the rout and is up 44% in 13 days, be risk aware.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Morgan Stanley reported worse than expected fourth quarter earnings before the bell Thursday. $MS followed the other major banks; Bank of America $BAC JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC Goldman Sachs and Citigroup $C reporting
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Bank of America reported better than expected fourth quarter earnings before the bell Wednesday. $BAC followed JPMorgan Chase $JPM. Wells Fargo $WFC, PNC Financial $PNC and Citigroup $C reports. The bank benefited from rate leverage with higher rates.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Goldman Sachs, America's largest investment bank reported better than expected fourth quarter earnings before the bell Wednesday. $GS surpassed concerns exist over $GS trading revenue and delivered their highest EPS ever.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
PNC Financial reported worse than expected fourth quarter earnings before the bell on Wednesday after Bank of America $BAC, Wells Fargo $WFC, Citigroup $C and JPMorgan $JPM. They had been beating on a growing loan book with improving interest rate margins.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Wells Fargo missed Q4 revenue before the bell Tuesday. $WFC reported along with JPMorgan $JPM, Citigroup $C and PNC Financial $PNC. Earnings and the stock have been hampered by seemingly endless scandals and their future rebrand.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
JPMorgan Chase, America's largest bank reported worse than expected Q4 earnings Tuesday before the open. $JPM revenue declined across all its segments except for Consumer & Community Banking. Wells Fargo $WFC, Citigroup $C and PNC Financial $PNC also reported.
