After a bunch of fintech companies reported their quarterly earnings this week, few technology and semiconductor companies are slated to report their quarterly financial results next week. Chipmaker Texas Instruments (NASDAQ: TXN) is set to announce its third quarter 2019 earnings results on Tuesday, October 22, after the market close. Wall Street views TI to…
Snap Inc. (NYSE: SNAP) is slated to report third quarter 2019 earnings results on Tuesday, October 22, after the market closes. The company faces tough competition in the social media space from the likes of Facebook’s (NYSE: FB) Instagram and other platforms like TikTok. Analysts expect Snap to report a loss of $0.05 per share…
After reporting impressive results for the second quarter a few months ago, JetBlue Airways (NASDAQ: JBLU) is preparing to release its September-quarter earnings Tuesday before the opening bell. Analysts are of the view that the results will benefit from the stable demand for travel, and forecast a 21% growth in earnings to $0.52 per share.…
— Kansas City Southern (NYSE: KSU) reported third-quarter 2019 adjusted earnings of $1.94 per share versus $1.79 per share expected. — Revenue rose by 7% to $747.7 million versus $734.9 million expected. Chemicals and Petroleum segment revenue grew by 21% due to growth in refined fuel products and liquid petroleum gas shipments to Mexico. Check…
American Express Company (NYSE: AXP) reported third quarter 2019 earnings results that beat market’s views, helped by the higher cardmember spending. The fintech service firm earned $2.08 per share on revenue of $10.99 billion for the third quarter. Analysts had projected the company to post earnings of $2.03 per share on revenue of $10.95 billion.…
Schlumberger Limited (NYSE:SLB) posted revenues of $8.5 billion for the third quarter of 2019, flat year-over year, as strength in international activity was offset by pricing weakness in North America. The Q3 revenue was in line with the street estimate. During the third quarter, revenue from international markets increased 8% to $5.6 billion, while that…
The Coca-Cola Company (NYSE: KO) reported better-than-expected revenue for the third quarter of 2019 while EPS came in line with estimates. Shares were up 1.6% in premarket hours on Friday. Total revenue grew 8% year-over-year to $9.5 billion, coming ahead of estimates of $9.4 billion. Organic revenue rose 5%. The increase in revenue was driven…
— Synchrony Financial (NYSE: SYF) reported Q3 2019 earnings of $1.60 per share vs. $1.13 per share expected. — Net interest income grew 4% to $4.4 billion vs. $4.3 billion expected. — Average active accounts grew 2% to 76.7 million.   — Deposits grew 6% to $66 billion. — Return on assets was 3.9% and…
Business software maker Atlassian Corporation (NASDAQ: TEAM) reported first quarter 2020 earnings results that beat market’s expectations. Atlassian posted non-IFRS earnings of $0.28 per share on revenue of $363.4 million for the first quarter ended September 30, 2019. Analysts had projected the company to earn $0.24 per share on revenue of $351.8 million. TEAM stock…
— E*Trade Financial Corporation (NASDAQ: ETFC) reported 3Q19 earnings of $1.08 per share, vs. $1.01 per share expected. — Total net revenue grew 6.5% to $767 million, vs. $743 million expected. — Net new accounts of 47,000 — Declared a quarterly cash dividend of $0.14 per share, payable on November 15, 2019, to shareholders as…