Earnings

FILE - This Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Jim Mone, File)
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July 15, 2020 - 8:03 am
The nation’s largest health insurer more than doubled its second-quarter profit, as COVID-19 shutdowns kept patients out of doctor’s offices and off operating tables. UnitedHealth’s medical costs tumbled 11% to $34.68 billion with demand for care suppressed from the middle of March until May...
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FILE - In this April 21, 2020, file photo, a lone person works at the Delta airlines check-in desk at McCarran International airport in Las Vegas. Delta Air Lines says it lost $5.7 billion in the second quarter, as the coronavirus pandemic caused air travel to collapse. The company reported financial results on Tuesday, July 14. A hoped-for travel recovery that began slowly in mid-April has been delayed by a resurgence in infections, especially in the South and West. (AP Photo/John Locher, File)
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July 14, 2020 - 12:38 pm
Delta Air Lines lost $5.7 billion during a brutal three-month stretch in which the coronavirus pandemic brought travel to a near standstill, and any hoped-for recovery has been smothered by a resurgence of infected Americans. “Growth has stalled,” Delta CEO Ed Bastian said. “It was growing at a...
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July 14, 2020 - 8:35 am
Silver Spring, Md. (AP) — Wells Fargo lost $2.4 billion in the second quarter, the first quarterly loss for the bank since the real estate crash of 2008. Wells said it set aside an additional $8.4 billion for loan loss provisions — the money set aside to cover potentially bad loans — more than...
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July 14, 2020 - 7:34 am
NEW YORK (AP) — The coronavirus pandemic is weighing heavily on the financial health of JPMorgan Chase, as the nation’s largest financial company set aside billions in the second quarter to cover potential losses from all the businesses and consumers who are unable to pay their debts due to the...
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FILE - In this Oct. 31, 2019, file photo, a man uses his smartphone as he stands near a billboard for Chinese technology firm Huawei at the PT Expo in Beijing. Huawei Technologies reported Tuesday, July 14, 2020, that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite sanctions from the U.S and challenges from the coronavirus pandemic.(AP Photo/Mark Schiefelbein, File)
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July 14, 2020 - 5:48 am
HONG KONG (AP) — Huawei Technologies reported Tuesday that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite sanctions from the U.S and challenges from the coronavirus pandemic. Revenue rose to 454 billion yuan ($64.9 billion) in January-June compared to 401...
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FILE -In this June 16, 2020 file photo, a sign for a Wall Street building is shown in New York. Earnings reporting season is about to get underway for big companies, and the forecasts are grim. Wall Street expects S&P 500 companies to report profits plunged by the most since the depths of the Great Recession during the second quarter. Earnings reports tend to matter deeply to investors because stock prices track the path of earnings over the long term. (AP Photo/Mark Lennihan, File)
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July 09, 2020 - 10:28 am
NEW YORK (AP) — Like that last roll of ultra-thin toilet paper left on the shelves or the latest Star Wars movies, it’s tough to be disappointed in something when expectations were low to begin with. That’s how Wall Street is approaching the upcoming earnings season for companies. CEOs across the...
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Visitors try out Samsung Electronics' Galaxy Z Flip smartphones at its shop in Seoul, South Korea, Tuesday, July 7, 2020. Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period last year, helped by robust demand for memory chips used in personal computers and servers as the coronavirus pandemic has more people working from home. (AP Photo/Ahn Young-joon)
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July 07, 2020 - 12:45 am
SEOUL, South Korea (AP) — Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period last year, helped by robust demand for memory chips used in personal computers and servers as the coronavirus pandemic has more people working from home. The...
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FILE - This April 1, 2020 file photo shows a FedEx logo at a facility in Romulus, Mich. FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping. (AP Photo/Paul Sancya)
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June 30, 2020 - 8:01 pm
FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping. FedEx's stock rose more than 9% in after-market trading following the results report. With...
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FILE - In this March 22, 2017, file photo, the Nike logo appears above the post where it trades on the floor of the New York Stock Exchange. Nike lost $790 million in the fourth quarter, as soaring digital sales couldn’t make up for the loss of revenue from shuttered stores in most of the world. The world’s largest sports apparel maker said Thursday, June 25, 2020, that its revenue fell 38% to $6.3 billion in the three-month period ending May 31. (AP Photo/Richard Drew, File)
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June 25, 2020 - 7:46 pm
NEW YORK (AP) — Nike lost $790 million in the fourth quarter, as soaring digital sales couldn't make up for the loss of revenue from shuttered stores in most of the world. The world's largest sports apparel maker said its revenue fell 38% to $6.31 billion in the three-month period ending May 31...
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FILE - In this May 21, 2020 file photo, patrons to a Starbucks in the Chicago neighborhood of Hyde Park walk past stacked chairs and tables. Starbucks says that the COVID-19 pandemic caused an approximately $3 billion to $3.2 billion decline in its third-quarter consolidated revenue. The coffee chain said Wednesday, June 10, that the virus outbreak also lowered operating income by about $2 billion to $2.2. billion. (AP Photo/Charles Rex Arbogast)
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June 10, 2020 - 12:48 pm
Starbucks expects to lose more than $3 billion in revenue in its fiscal third quarter due to the new coronavirus, but said the disruption to its business should subside through the rest of the year. “The Starbucks brand is resilient, customer affinity is strong and we believe the most difficult...
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