financial results News

Wells Fargo Reports a Staggering 47% Surge in Q4 Net Income to $5 Billion

Wells Fargo & Co. announced a 47% surge in Q4 2024 net income to $5 billion, with stable revenue at $20.4 billion. The full-year revenue fell by 9% to $47.7 billion, but net income...

BP Anticipates Significant Impact on Q4 Earnings Due to Declining Refining Margins

BP predicts a significant impact on its Q4 earnings due to weaker refining margins, with expected profit reductions and production declines across key segments. The company remains...

Delta Air Lines Soars 11% Following Stellar Q4 Earnings Report

Delta Air Lines Inc. experienced an 11% stock price surge after announcing better-than-expected Q4 financial results for fiscal 2024, with shares reaching $68.2100. The market's po...

Walgreens Faces a Staggering Q1 Net Loss of $265M Amidst Challenging Times

Walgreens Boots Alliance Inc. has reported a Q1 net loss of $265 million, a significant increase from the previous year's $67 million loss. This development underscores the challen...

Upcoming Earnings: Birkenstock, FedEx, Nike, and BlackBerry

Investors are gearing up for a week of key earnings reports, starting with Birkenstock on Wednesday and followed by FedEx, Nike, and BlackBerry on Thursday.

Broadcom Achieves Record Revenue in Q4 2024, Driven by AI and Semiconductor Growth

Broadcom Inc. reported a 51% increase in Q4 2024 revenue to $14 billion, driven by AI and semiconductor growth. Net income rose 23% to $4.3 billion, and diluted earnings per share ...

Adobe's Impressive Q4 Revenue Surges to $5.6 Billion, Driven by Strong Growth

Adobe Inc. reported a 11% increase in Q4 revenue to $5.61 billion, with net income rising 13% to $1.68 billion. The company also repurchased 4.6 million shares and set new FY24 rec...

GameStop's Net Income Rebounds, Driving Shares Up by 11%

GameStop's stock surged 11% after reporting a net income of $17.4 million in Q2 2024, recovering from a $3.1 million loss in the same period last year. The improvement in financial...

Inditex Shares Drop Despite Impressive 9M Financial Results

Inditex shares fell 6.6% despite strong 9M results, with sales up 7.1% to €27.4 billion, gross profit up 7.2% to €16.3 billion, and net income up 8.5% to €4.4 billion. Investors ca...

Lululemon's Impressive Q3 2024 Earnings Boost Stock by 18%

Lululemon Athletica Inc. shares surged 18.67% following the release of strong Q3 2024 financial results, with revenue reaching $2.39 billion and gross profit at $1.4 billion, both ...

Key Earnings Reports: Oracle, Macy's, Adobe, and More to Watch This Week

The upcoming week is filled with key financial results, including Oracle's second-quarter earnings, GameStop's third-quarter results, Macy's and Adobe's reports, and Broadcom and C...

Lululemon's Impressive Earnings Report Sends Stock Soaring by 18%

Lululemon Athletica Inc. saw its stock price jump following the release of strong financial results for Q3 2024. The company reported an 8.7% increase in revenue, reaching $2.39 bi...