Earnings Earnings Announcements

  • After-hours action for STX, CREE & COF

    CNBC's Seema Mody reports on earnings and after-hours performance for Seagate Technology, Cree Inc. and Capital One Financial Corp.

  • The company's net income rose to $297 million, or $1 per share, in the second quarter ended Dec. 30, from $165 million, or 55 cents per share. Excluding items, the company earned $1.38 per share in the quarter, beating the average analyst estimate of $1.08 per share, according to Thomson Reuters I/B/E/S. Revenue fell 3.1 percent to $2.89 billion, but beat the average...

  • NEW YORK— Alcoa Corp. on Tuesday reported a loss of $125 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Alcoa shares have climbed 34 percent since the beginning of the year, while the Standard& Poor's 500 index has increased almost 2 percent.

  • HONOLULU _ Hawaiian Holdings Inc. on Tuesday reported fourth-quarter profit of $10.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share. Hawaiian Holdings shares have decreased roughly 4 percent since the beginning of the year.

  • RIVERWOODS, Ill.— Discover Financial Services on Tuesday reported fourth-quarter net income of $563 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share. Seven analysts surveyed by Zacks expected $1.8 billion.

  • The New York- based company reported net loss of $125 million, or 68 cents per share, for the fourth quarter. On an adjusted basis, Alcoa earned 14 cents per share. Analysts had expected earnings of 19 cents per share for the quarter, according to Thomson Reuters I/B/E/S.

  • BLUEFIELD, Va. _ First Community Bancshares Inc. on Tuesday reported fourth-quarter profit of $6.4 million. The holding company for First Community Bank posted revenue of $29.7 million in the period. First Community Bancshares shares have remained stable since the beginning of the year.

  • DURHAM, N.C. _ Cree Inc. on Tuesday reported fiscal second-quarter net income of $6.2 million. Five analysts surveyed by Zacks expected $325 million. Analysts surveyed by Zacks had expected revenue of $320.4 million.

  • MONTREAL _ Canadian National Railway Co. on Tuesday reported fourth-quarter net income of $759.7 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share. Six analysts surveyed by Zacks expected $2.46 billion.

  • MCLEAN, Va. _ Capital One Financial Corp. on Tuesday reported fourth-quarter profit of $791 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.60 per share. Nine analysts surveyed by Zacks expected $6.61 billion.

  • NEW YORK, Jan 24- The S&P 500 and Nasdaq set record highs on Tuesday in a broad rally led by financial and technology stocks. The advance comes as quarterly earnings season heats up and investors become optimistic that clarity on President Donald Trump's economic policies will be forthcoming. "He is coming out of the gate strong and he is doing a lot of the things he...

  • KALAMAZOO, Mich. _ Stryker Corp. on Tuesday reported fourth-quarter profit of $510 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.76 per share. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.43.

  • Alcoa EPS misses, revenues beat

    Earnings are out for Alcoa Corp. CNBC's Morgan Brennan reports the details.

  • DUBLIN _ Seagate Technology PLC on Tuesday reported fiscal second-quarter net income of $297 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share. Eight analysts surveyed by Zacks expected $2.82 billion.

  • Jan 24- Canadian National Railway Co reported a 2 percent rise in quarterly revenue on Tuesday as the railroad moved higher volumes of Canadian grains and U.S. soybeans, refined petroleum products, finished vehicles and petroleum coke. Canada's largest railroad company said net income rose to C $1.02 billion, or C $1.32 per share, in the fourth quarter ended Dec....

  • Jan 24- Hard-disk drive maker Seagate Technology Plc reported a 3.1 percent drop in quarterly revenue, hurt by a fall in prices and slowing demand. The company's revenue fell to $2.89 billion from $2.99 billion a year earlier. Net income rose to $297 million, or $1 per share, in the second quarter ended Dec. 30, from $165 million, or 55 cents per share.

  • The sector could benefit from initiatives by the White House to streamline the permitting process for manufacturing and clear the way for pipeline construction. While several big companies reported quarterly earnings, investors focused on the latest batch of executive actions from President Donald Trump. Kinahan, TD Ameritrade's chief strategist.

  • NEW YORK, Jan 24- The S&P 500 and Nasdaq touched intraday record highs on Tuesday and the Dow was poised for its best day of the year, lifted by gains in financial and technology stocks. The advance comes as investors assess quarterly earnings reports, while trying to find more clarity on President Donald Trump's economic policies. "He is demonstrating that he is...

  • A pedestrian carries an umbrella while walking along Wall Street past the New York Stock Exchange in New York.

    Shares of AK Steel plummeted after the company said it sees first quarter average selling prices "relatively flat versus the fourth quarter."

  • Jan 24- The S&P 500 and the Dow were set for their best day in three weeks on Tuesday, powered by technology and bank stocks. Investors are also assessing quarterly earnings report, while seeking more clarity on President Donald Trump's economic policies. "We are now in a phase where the policies need to come to fruition to justify the move we have seen in the...