Earnings surprises

FILE - In this March 16, 2017, file photo, a customer enters a Citibank branch, in New York. Citigroup reports earnings Friday, Oct. 12, 2018. (AP Photo/Mark Lennihan, File)
October 12, 2018 - 11:43 am
NEW YORK (AP) — Citigroup said Friday that its third-quarter profits rose 12 percent from a year earlier, as the banking conglomerate was able to cut expenses and benefited from lower taxes. That was more than enough to make up for a small drop in revenue. The New York-based bank earned $4.62...
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Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, Oct. 11, 2018. The market's recent decline was set off by a sharp drop in bond prices and a corresponding increase in yields last week and early this week. (AP Photo/Richard Drew)
October 11, 2018 - 4:09 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are slumping for a second straight day as the market endures its most volatile stretch since February. The Dow Jones industrials fell 545 points, or 2.1 percent, to 25,052.83 and the benchmark S&...
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FILE- In this May 24, 2018, file photo a Delta Air Lines passenger jet plane, a Boeing 717-200 model, approaches Logan Airport in Boston. Delta Air Lines Inc. (DAL) on Thursday, Oct. 11, 2018, reported third-quarter earnings of $1.31 billion. (AP Photo/Charles Krupa, File)
October 11, 2018 - 2:07 pm
Airlines have been pouring money into amenities that making flying nicer for high-paying customers while economy-class passengers endure cramped quarters and higher fees for extra services. That strategy might anger budget travelers, but it makes sense for the airlines, judging from Delta's latest...
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FILE - In this July 1, 2017 file photo, a person buys marijuana at the Essence cannabis dispensary in Las Vegas. The first full year of legalized marijuana for recreational use in Nevada pushed taxable pot sales past the $500 million mark statewide and raised nearly $70 million in tax revenue, including $27.5 million for schools. The Nevada Department of Taxation said Tuesday, Aug. 28, 2018 the $529.9 million in taxable pot sales for recreational and medical use combined exceeded expectations by 40 percent for the fiscal year that ended June 30. (AP Photo/John Locher, File)
August 28, 2018 - 6:37 pm
RENO, Nev. (AP) — The first full year of legal marijuana sales in Nevada exceeded expectations by 40 percent, state tax officials said Tuesday. Taxable pot sales statewide totaled $529.9 million and raised nearly $70 million in tax revenue, including $27.5 million for schools, the Nevada Department...
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FILE - This May 3, 2017, file photo shows a Target store in Omaha, Neb. Target Corp. reports earnings Wednesday, Aug. 22, 2018. (AP Photo/Nati Harnik, File)
August 22, 2018 - 7:26 am
MINNEAPOLIS (AP) — Heavy investments in stores and its online operations are paying off at Target, which reported strong numbers across the board in the second quarter. Sales at stores opened at least a year, a key measure for a retailer's health, rose 6.5 percent, the strongest growth in 13 years...
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FILE- In this Nov. 9, 2017, file photo, a man pushes a cart while shopping at a Walmart store in North Bergen, N.J. Walmart Inc. reports earnings on Thursday, Aug. 16, 2018. (AP Photo/Julio Cortez, File)
August 16, 2018 - 6:59 pm
NEW YORK (AP) — Walmart raised its financial outlook for the year on Thursday after beating Wall Street's expectations for the quarter and seeing the strongest growth in more than a decade in sales at established stores. Its shares rose more than 9 percent. The upbeat report indicates that Walmart'...
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August 16, 2018 - 4:31 am
COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg says its second-quarter sales were above expectations thanks to the World Cup and warm weather, allowing the Copenhagen-based company to raise its full-year outlook. Carlsberg said Thursday that its reported net profit for the second half of 2018...
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August 02, 2018 - 6:57 am
HARTFORD, Conn. (AP) — Aetna is posting strong profit numbers, easily beating second-quarter expectations on Wall Street. The Hartford, Connecticut, health insurer on Thursday reported earnings of $1.21 billion, or $3.67 per share. Adjusted for non-recurring gains, profit was $3.43 per share, way...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer Inc. (PFE) on Tuesday, July 31, 2018, reported second-quarter earnings of $3.87 billion. (AP Photo/Mark Lennihan, File)
July 31, 2018 - 1:12 pm
Pfizer's top executives are predicting the Trump administration will try to eliminate big rebates off prescription drug prices that manufacturers pay to middlemen, a move that could sharply reduce patients' out-of-pocket costs. Pfizer shares jumped 3 percent on the comments, made to analysts during...
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FILE- In this April 23, 2018, file photo the logo for Caterpillar appears above a trading post on the floor of the New York Stock Exchange. Caterpillar’s second-quarter results topped Wall Street’s view, thanks in part to increased demand in its construction industries segment. The maker of heavy equipment and machinery also boosted its full-year adjusted earnings forecast again, citing its performance in the first half of the year and ongoing strength in end markets. (AP Photo/Richard Drew, File)
July 30, 2018 - 8:28 am
Caterpillar's second-quarter easily beat Wall Street expectations thanks in part to the blistering pace of construction and demand for big machines, a the company boosted its full-year earnings forecast again. Shares rose more than 3 percent Monday in premarket trading. Caterpillar now anticipates...
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