Burger King parent earnings beat but labor challenges weigh on sales
Restaurant Brands International topped Wall Street's estimates for earnings but fell short on revenue.
CNBC Earnings
HSBC reports 76% jump in third-quarter profit, plans $2 billion share buyback
The bank's reported pre-tax profit came in at $5.4 billion in the third quarter of 2021 — beating expectations.
Chipotle earnings crush estimates as sales jump 22%, higher menu prices offset rising costs
Shares of Chipotle have risen 33% this year, giving it a market value of $51.79 billion.
Intel shares fall after component shortages hurt PC chip business
Intel is in a period of massive capital expenditure as it spends $20 billion this year, including on a new semiconductor factory in Arizona.
Snap plummets 22% after missing on revenue expectations
Snap reported its third-quarter earnings on Thursday, missing revenue expectations after Apple’s iPhone privacy changes disrupted its advertising business.
Southwest Airlines trims flights again to manage staffing crunch
Southwest said flight cancellations in October cost it $75 million as it grappled with understaffing.
AutoNation shares hit new all-time high after company reports record quarterly earnings
AutoNation's stock Thursday morning topped $130 a share for the first time ever, according to FactSet.
American Airlines posts profit thanks to federal aid, revenue improves
For the fourth quarter American expects its revenue to be down about 20% from 2019.
Tesla posts record revenue and profits in third quarter
Tesla reported earnings after the bell. Here are the results.
IBM shares drop on weaker-than-expected quarterly revenue
IBM expects to spin out its managed infrastructure services unit early next month, CEO Arvind Krishna said in a statement. The move should boost revenue growth.
Netflix posts solid beats on earnings and new subscribers
Netflix announced it will change the way it reports viewing metrics.
United Airlines posts higher-than-expected revenue after travel demand rebounds
United posted a narrower adjusted loss than expected after travel demand rebounded in the third quarter.
J&J Covid vaccine added $502 million to third-quarter sales
Johnson & Johnson reported earnings that beat Wall Street's profit expectations but revenue missed estimates.
P&G earnings top estimates as price hikes help offset some costs. Warns more inflation ahead
Procter & Gamble raised its forecast for inflation, predicting that higher commodity and freight costs could hit fiscal 2022 earnings by $2.3 billion.
Goldman Sachs crushes analysts' estimates on strong investment banking and trading results
Goldman is the last of the six-biggest U.S. banks to report earnings.
Citigroup profit surges 48%, driven by strong trading revenue
Citigroup topped estimates on the top and bottom lines for the third quarter.
Walgreens earnings top estimates, as drugstore gives twice as many Covid vaccines as expected
The drugstore chain will hold an investor day and lay out its growth plans on Thursday.
Domino's shares rise as investors look past sales miss, executives outline steps to ease staffing issues
Domino's Pizza tried to reassure investors Thursday that it has more growth ahead despite snapping a longtime streak for U.S. same-store sales growth.
Wells Fargo profit jumps nearly 60% in the quarter, revenue tops expectations
Wells Fargo on Thursday posted a jump in profit in the third quarter with net income of $5.1 billion, marking a sharp increase from $3.2 billion a year ago.
Bank of America tops estimates on reserve release, strong advisory and asset management results
Banks have been releasing loan loss reserves when defaults didn't arrive.
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