Earnings surprises

July 31, 2020 - 12:49 am
HELSINKI (AP) — Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in revenue. The Espoo, Finland-based maker of new-generation 5G mobile and other networks...
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FILE - In this Oct. 20, 2019 file photograph, the company logo shines off the grille of an unsold 2019 F-250 pickup truck at a Ford dealership in Littleton, Colo. Ford Motor Co. reports quarterly financial results after the market close, Thursday, July 30 2020. (AP Photo/David Zalubowski, File)
July 30, 2020 - 2:52 pm
DETROIT (AP) — Ford Motor Co. posted results on Thursday that were not as grim as expected for its second quarter that saw its U.S. factories shuttered for half the period to combat the spread of the coronavirus and car buyers sheltering in place. Ford reported a $1.12 billion second-quarter net...
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June 30, 2020 - 4:27 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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A person wearing a mask jogs past an Amazon Go store, Thursday, April 30, 2020, in downtown Seattle. Amazon.com is expected to announce earnings for the first quarter of 2020 at the close of markets Thursday, a report that is expected to be closely watched due to the effects of the coronavirus outbreak on the company. (AP Photo/Ted S. Warren)
April 30, 2020 - 4:13 pm
NEW YORK (AP) — Amazon’s sales soared in the first three months of the year, as more home-bound people shopped online amid the coronavirus pandemic. But getting millions of packages to shopper’s doorsteps is expensive. The rising costs pushed Amazon’s first-quarter profit down 29% and its earnings...
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FILE - This April 12, 2016 file photo shows the Microsoft logo in Issy-les-Moulineaux, outside Paris, France. Ongoing demand for Microsoft's cloud computing services help softened the blow of the coronavirus pandemic on the software giant's other products during the first three months of the year. The company on Wednesday, April 29, 2020 reported fiscal third-quarter profit of $10.75 billion, up 22% from the same period last year. Net income of $1.40 per share beat Wall Street expectations of $1.27 a share. (AP Photo/Michel Euler, File)
April 29, 2020 - 2:30 pm
Ongoing demand for Microsoft's cloud computing services help softened the blow of the coronavirus pandemic on the software giant's other products during the first three months of the year. The company on Wednesday reported fiscal third-quarter profit of $10.75 billion, up 22% from the same period...
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FILE - This Oct. 21, 2019, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reports financial results Tuesday, April 14, 2020. (AP Photo/Rick Bowmer, File)
April 14, 2020 - 8:52 am
Johnson & Johnson, anticipating significant impact from the COVID-19 pandemic, slashed its 2020 sales forecast by billions of dollars and cut its profit expectations by about 15%. It's one of the first major U.S. corporations to report first-quarter earnings and likely a harbinger of things to...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. Target reported strong fourth-quarter profits, though its sales were weighed down by weak toy and electronics sales during the crucial holiday shopping season. Target joins a string of other retailers, including Walmart, with disappointing sales during the shortest holiday shopping period since 2013. (AP Photo/Gene J. Puskar, File)
March 03, 2020 - 7:49 am
NEW YORK (AP) — Target Corp. offered a solid annual profit outlook on Tuesday and said that it hasn't seen anything related to the spreading new virus so far that would affect its financial targets. The outlook came as the discounter reported strong fourth-quarter profits, though its sales were...
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FILE- In this Feb. 23, 2018, file photo sales associate Bob Henriques, of Framingham, Mass., moves items at a Lowe's retail home improvement and appliance store, in Framingham. Lowe's Cos. delivered weaker-than-expected sales for the fiscal fourth quarter and offered an annual forecast that came below Wall Street expectations. The report, issued Wednesday, Feb. 26, 2020, sent shares down in early morning trading. (AP Photo/Steven Senne, File)
February 26, 2020 - 1:35 pm
NEW YORK (AP) — Lowe's Cos. on Wednesday reported weaker-than-expected sales for its fiscal fourth quarter and offered an annual forecast that came below Wall Street expectations. During a call with analysts, Lowe's CEO Marvin Ellison blamed the sales shortfall on the timing of its marketing...
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FILE - In this Feb. 8, 2018, file photo, the logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange. Twitter reports earnings Thursday, Oct. 25. Twitter reported Thursday, Feb. 6, 2020 that its fourth-quarter net earnings fell to $119 million from $255 million in the same period a year earlier but the number of daily users rose. (AP Photo/Richard Drew, File)
February 06, 2020 - 8:02 am
Shares in Twitter jumped Thursday after the social media company said revenue and user numbers exceeded forecasts in the latest quarter, though profit fell as expenses rose. The San Francisco-based tech company said that fourth-quarter net income fell to $119 million, or 15 cents per share. That's...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
February 05, 2020 - 8:41 am
Drugmaker Merck beat Wall Street's fourth-quarter profit expectations, but investors weren't as happy with the biggest move Merck's made in years: deciding to spin off its women's health division and other operations with $6.5 billion in annual revenues. The maker of cancer blockbuster Keytruda...
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