net income News

Halliburton Faces a Slight Revenue Dip in Q4 2024, Yet Optimistic for Future Growth

Halliburton reports a 2% revenue drop in Q4 2024 to $5.6 billion, with a 7% decrease in net income. Despite a slight annual revenue decline, CEO Jeff Miller remains optimistic abou...

GE Vernova's Stunning Q4 Growth: Revenue Hits $10.6B Despite Missing Estimates

GE Vernova Inc. announced a 5% increase in Q4 2024 revenue to $10.6B, with net income surging 136% to $484M. Despite missing estimates, the company shows significant growth and rea...

JPMorgan Shatters Expectations with a 50% Surge in Net Income to Over $14 Billion in Q4 2024

JPMorgan Chase & Co. reported a 50% increase in net income to over $14 billion in Q4 2024, exceeding Wall Street forecasts. Earnings per share rose to $4.81, and total managed reve...

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...

Nike's Q2 Revenue Dips 8% Despite Exceeding Estimates

Nike Inc. reported Q2 revenues of $12.4 billion, down 8% year-over-year but surpassing estimates. Net income dropped 26% to $1.16 billion, with earnings per diluted share falling 2...

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...

GameStop's Q3 Financial Performance: A Deep Dive into Net Sales and Earnings

GameStop Corp. reports a 20.2% drop in net sales for Q3 fiscal 2024, totaling $860 million. Despite this, net income improved to $17.4 million, and diluted earnings per share reach...

Allianz to Distribute 75% of Net Income to Shareholders: A Bold Move

Allianz SE announces a new dividend policy to redistribute 75% of its net income to shareholders via dividends and share buy-backs over the next three years. The German insurer wil...

Allianz Announces Ambitious Shareholder Dividend Plan

Allianz SE announces a new dividend policy to redistribute 75% of its net income to shareholders via dividends and share buy-backs over the next three years. The German insurer wil...