#earningreport

GE Vernova, the power equipment division of General Electric, posted a strong third-quarter revenue growth of 8%, reaching $8.9 billion—surpassing analyst expectations of $8.78 billion. This growth was fueled by increasing global demand for electrification and power equipment, particularly in...

Tesla's third-quarter earnings report for 2024 highlighted record-breaking financial performance, strong demand in its energy business, and significant advancements in its technological projects. However, challenges in maintaining automotive margins and delays in certain high-profile projects...

Coca-Cola (KO) outperformed market expectations in its third-quarter earnings, delivering revenue of $11.9 billion, above analysts’ estimates of $11.61 billion. Although this figure represents a slight decrease from the $12 billion reported in the same period last year, the company managed to...

Overview: Genuine Parts Company (NYSE: GPC), a leading retailer of automotive and industrial parts, delivered a mixed performance in its Q3 2024 earnings report. While the company’s revenue of $5.97 billion aligned with Wall Street’s expectations, its adjusted earnings per share (EPS) fell...

GE Aerospace (GE) delivered a robust third-quarter performance, significantly surpassing market expectations. The company reported $9.84 billion in revenue, exceeding analysts' consensus estimate of $9.55 billion, driven by strong demand for airplane engines and aerospace components. Net income...

Kimberly-Clark (NYSE), a leading household products company, reported mixed financial results for Q3 CY2024. While the company fell short of Wall Street's revenue expectations, it exceeded profit estimates, showcasing strong operational efficiency. Key Financial Highlights: Revenue: $4.95...

General Motors (GM) reported third-quarter results that surpassed Wall Street's expectations, bolstered by robust sales of gasoline-engine trucks and SUVs, as well as a strategic focus on maintaining lean inventories. Strong Financial Performance GM has raised its annual earnings forecast to...

Netflix's stock skyrocketed by over 11%, closing at an all-time high of $763.89 on Friday after delivering a robust third-quarter earnings report. The company exceeded Wall Street expectations by posting $9.83 billion in revenue, slightly higher than the $9.78 billion forecast. The streaming...

Webster Financial Corp (NYSE: WBS) delivered a comprehensive financial performance in Q3 2024, showcasing both strengths and challenges as it navigates a dynamic market environment. Below are the key highlights from the earnings call: Positive Performance Indicators. Deposit Growth: Webster...

Summary of Q3 Performance: Badger Meter, a water control and measurement company, reported Q3 CY2024 results that fell short of Wall Street’s revenue expectations, though earnings surpassed estimates. Revenue increased by 11.9% year-on-year to $208.4 million, slightly below the anticipated...

Overview: Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, saw its Taipei-listed shares soar to a record high on Friday, following a stellar third-quarter earnings report that exceeded market expectations. The company also provided an optimistic forecast...

Netflix Inc. delivered an exceptional third-quarter performance in 2024, surpassing Wall Street's forecasts across all key financial indicators. Despite challenges in content production following last year’s Hollywood strikes, the company added over 5 million new subscribers, exceeding analyst...

Stock Performance: ASML Holding (AS) experienced a sharp decline in its share price, plummeting more than 16% on Tuesday following a significant downward revision of its 2025 sales outlook. The stock continued to fall by an additional 5% in Wednesday’s premarket session. This decline reflects...

Overview of Performance: Citigroup reported solid Q3 2024 earnings, with net income of $3.2 billion and earnings per share (EPS) of $1.51. The Return on Tangible Common Equity (RoTCE) stood at 7%, reflecting improved performance amid global economic resilience and internal restructuring efforts...

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading contract chipmaker, reported robust third-quarter revenue on October 9, 2024, driven by unprecedented demand for artificial intelligence (AI) technologies. The company's revenue for the July-September period reached T$759.69...

GameStop announced a significant revenue drop for its second quarter, reporting $798.3 million compared to $1.16 billion a year earlier. This sharp decline reflects the ongoing transition of consumer preferences from physical video game sales to digital downloads, game streaming, and e-commerce...

ABM Industries (NYSE: ABM) delivered solid third-quarter earnings for 2024, marked by significant growth in key segments. Sales increased 3.3% year-over-year (Y/Y), reaching $2.09 billion, surpassing the consensus estimate of $2.037 billion. This growth was fueled by outstanding performance in...

Ulta Beauty (ULTA) delivered underwhelming second-quarter 2024 earnings, significantly missing Wall Street expectations. The beauty retailer reported revenue of $2.55 billion, falling short of the anticipated $2.62 billion. Earnings per share (EPS) were $5.30, also below the forecasted $5.50...

Nvidia (NVDA) is set to release its second-quarter earnings after the market closes on Wednesday, August 28. This report is expected to be a major market mover, and there are three critical factors to keep an eye on: ENTERPRISE BUSINESS GROWTH: Watch how Nvidia’s enterprise segment is...

H&R Block's stock experienced a significant surge after the company reported stronger-than-expected fourth-quarter earnings and announced several shareholder-friendly initiatives. The tax preparation firm revealed that its revenue for the quarter ending June 30 increased slightly to $1.06...