SLB quarterly profit beats; warns of muted fourth quarter revenue
Oilfield services firm SLB's third-quarter profit rose 13% and beat analysts' estimates on Friday on steady demand for its equipment and technology in international market and from offshore projects in North America.
Netflix Inc. Profit Advances In Q3, Beats Estimates
Netflix Inc. (NFLX) announced earnings for its third quarter that increased from last year and beat the Street estimates. The
Netflix notches profit and revenue beats for latest quarter
Netflix reported third-quarter results on Thursday, exceeding expectations on the top and bottom lines. The company posted earnings per share of $5.40, up from $3.73 a year before, while analysts tracked by FactSet projected $5.
AmEx Profit Beats Estimate on Robust Customer Spending
Shares of the company climbed 2% before the opening bell after gaining about 53% so far this year through Thursday. Peers Mastercard and Visa have jumped 20% and 12% in 2024, respectively. AmEx's revenue rose 8% to $16.64 billion. (Reporting by Niket Nishant and Pritam Biswas in Bengaluru; Editing by Maju Samuel) Copyright 2024 Thomson Reuters.
Netflix Stock Rallies 11% After Q3 Earnings Beat
Netflix stock rallied over 11% on Friday after the company beat Wall Street expectations for its third quarter of 2024. The company reported a 41% year-over-year increase in profit and 15% increase in revenue during the quarter as it added 5.
India's HDFC Bank beats quarterly profit forecast, margins dip slightly
HDFC Bank, India's largest private lender, beat analysts' forecasts for July-September profit on Saturday, helped by higher ...
American Express Beats Q3 Profit Forecast Despite Inflation Concerns
American Express reported stronger-than-expected third-quarter earnings, driven by consistent spending from its cardholders, ...
American Express profit rises in Q3 as card members continue to spend
American Express’ third-quarter profit topped analysts’ expectations as the credit card company’s cardholders continue to ...
AmEx quarterly profit exceeds expectations on cost control
American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense ...
ABB Posts Higher Profit, Raises 2024 Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics ...
Netflix’s subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming ...
Elevance Health slashes profit forecast on persistently high medical costs
Elevance Health cut its annual profit expectation on Thursday due to increased medical costs in its government-backed plans, ...
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CSX profit rose 8% in the third quarter but hurricane damage will impact current period
CSX’s delivered 3% more shipments in the third quarter to help drive its profit 8% higher, but only modest volume growth is ...
Profit on the ground: How Hurricane Helene is still robbing Georgia farmers
"That's profit on the ground right there," sighed one farmer on Sunday morning along Brown Road in Hephzibah. Georgia has ...
Microsoft could end up with substantial equity in the restructured, for-profit OpenAI
Microsoft and OpenAI are reportedly negotiating over how much equity the former will get in OpenAI once OpenAI converts to a ...