Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: quarterly profits

quarterly profits stories: 19 news summaries

Once-Reserved Goldman Turns on the Charm

Ahead of record result, normally reticent bank puts on a smile

Oct 15, 09 3:35 AM CDT
(Newser) - Today's the day: Goldman Sachs is set to announce record profits in the third quarter, projected at $2.17 billion, and with it a compensation pool larger than Wall Street has ever seen. But the golden bank knows a PR disaster when it sees one—and has been mounting a... More »

MORE ABOUT:
Wall Street • executive compensation • Goldman Sachs • bonuses • third quarter earnings • Lloyd Blankfein • quarterly profits • executive bonuses

EARNINGS REPORT

 Ford Shocks Street 
 With $2.3B Profit 


Jul 23, 09 6:39 AM CDT
(Newser) - Ford surprised the markets today by posting a $2.3 billion quarterly profit, thanks mostly to debt restructuring actions, Reuters reports. The result beat estimates and represents Ford's first good quarter in more than a year; this time in 2008, the automaker lost $2.7 billion. But the global downturn... More »

MORE ABOUT:
debt • Ford • corporate earnings • restructuring • auto industry • quarterly reports • quarterly profits • cars

Apple Earnings Up 15% on iPhone, Mac Success

Firm sold 5.2 million iPhones last quarter

Jul 21, 09 5:18 PM CDT
(Newser) - Apple reported a strong quarterly profit, beating analysts’ expectations by selling 5.2 million iPhones and 2.6 million Mac computers, MarketWatch reports. The firm reported earning $1.23 billion on revenue of $8.34 billion in the quarter ending June 26. Sales of iPhones were the highlight, as the... More »

MORE ABOUT:
iPhone • Apple • earnings reports • corporate earnings • quarterly reports • Mac • quarterly profits • iPhone 3GS

EARNINGS REPORT

JPMorgan Profit Jumps 36%, Defying Expectations


Jul 16, 09 7:00 AM CDT
(Newser) - JPMorgan Chase, the largest bank to repay TARP money, posted second-quarter earnings of $2.7 billion—smashing analysts' predictions with a 36% increase in profit. The bank became America's second-largest after hoovering up Bear Stearns and Washington Mutual, and like Goldman Sachs it has used a boom in investment banking... More »

MORE ABOUT:
Wall Street • profits • earnings reports • second quarter earnings • quarterly profits • investment banks • JPMorgan Chase • TARP

(Newser) - Goldman Sachs is expected to announce stunning profits for the second quarter tomorrow, inspiring jealousy on Wall Street and suspicion on Main Street, as taxpayers wonder whether they've been taken for a ride, reports the New York Times. The bank repaid its multibillion dollar government loan last month, and could... More »

MORE ABOUT:
Wall Street • Goldman Sachs • profits • American Stock Exchange • quarterly profits • economy • Wall Street bailout

$1.8B Goldman Sachs Profit Shocks Wall St.

Bank plans $5B stock offering to start
repaying TARP loan

Apr 13, 09 5:12 PM CDT
(Newser) - Goldman Sachs shocked analysts today by announcing a $1.81 billion profit for the first quarter of 2009, the Wall Street Journal reports. “Given the difficult market conditions, we are pleased,” CEO Lloyd Blankfein said. Goldman also announced plans for a $5 billion stock offering that would help... More »

MORE ABOUT:
Goldman Sachs • quarterly profits • stock offering • investment banks • first quarter earnings • TARP

 Exxon Mobil 
 Shatters Own  
 Record With 
 $14B Profit

Company earned $14.8B last quarter

Oct 30, 08 8:25 AM CDT
(AP) - Exxon Mobil breezed by its own record for the biggest quarterly profit for a US corporation, earning $14.83 billion in the third quarter. Bolstered by this summer's record crude prices, net income jumped nearly 58%, or $2.86 a share, for the world's largest publicly traded oil company. Exxon... More »

MORE ABOUT:
stock market • Wall Street • earnings reports • profit growth • quarterly profits • oil companies • Exxon Mobil

OPINION

 Slumping 
 Microsoft 
 Needs Yahoo 

Slow quarter spurs push for acquisitions

Apr 25, 08 11:52 AM CDT
(Newser) - Microsoft's first quarter saw flat sales and dipping profits, all the more reason to make nice with Yahoo, Aaron Ricadela writes in BusinessWeek. Steve Ballmer has said he is ready to walk away from the attempted takeover, but with most of Microsoft's revenue coming from smaller divisions and overseas interests,... More »

MORE ABOUT:
Yahoo • Google • Microsoft • profits • Steve Ballmer • quarterly profits • takeover bid

EARNINGS REPORT

 Amazon
 Q1 Profit 
 Spikes 

Online retailer sees 30% jump in face of economic slowdown

Apr 23, 08 5:35 PM CDT
(Newser) - Amazon posted a 30% profit jump in the first quarter, the Wall Street Journal reports, defying the sluggish economy. Net income was $143 million (34 cents a share) compared with $111 million (26 cents a share) in last year's first quarter. The company’s operating income guidance for the fiscal... More »

MORE ABOUT:
Jeff Bezos • weak dollar • quarterly profits • Amazon.com

EARNINGS REPORT

Rosy Q1 for Google 

Search giant profits up 30% as international ad business takes off

Apr 17, 08 5:45 PM CDT
(Newser) - Google reported a 30% increase in first-quarter profits today, bettering analysts’ predictions and sending share prices up 17%, Bloomberg reports. Forecasters had assumed that growth in domestic advertising clicks would slow, but Google said it “remains healthy;” a 55% increase in international ad sales gave the search giant... More »

MORE ABOUT:
Google • Wall Street • ad revenue • share price • quarterly profits • foreign currency • advertising sales

 IBM First Quarter Profits 
 Jump 26% 

US revenue up 6% despite slowdown

Apr 17, 08 4:39 AM CDT
(Newser) - Bellwether IBM posted a 26% spike in profits for the first quarter, proving that some tech companies are escaping the fallout from the economic downturn. The gains include a 6% increase in American revenue to $9.9 billion and are attributed to corporate customers buying products and services designed to... More »

MORE ABOUT:
IBM • revenue • quarterly profits • economy • Mark Loughridge • Intel Corp

EARNINGS REPORT

eBay Profits Jump 22% Under New CEO

Site raises projected revenue to $9B, exceeds estimates

Apr 16, 08 6:50 PM CDT
(Newser) - EBay's revenue soared 24% in the first quarter, the Wall Street Journal reports, with profits up 22%. Fueled by continued success with its online auction business and PayPal, its online-payment component, the company also raised its projected 2008 earnings to $8.7 billion to $9 billion, well beyond Wall Street... More »

MORE ABOUT:
eBay • online advertising • online retailers • online auction • ad revenue • PayPal • net revenue • profit growth • John Donahoe • quarterly profits • first quarter earnings

Intel Trims
Q1 Profit Projections

An oversupply of flash memory chips is continuing to drive down prices

Mar 4, 08 7:12 AM CST
(Newser) - Falling prices for flash memory prompted chipmaker Intel Corp to trim its first quarter gross-profit projection slightly yesterday, driving share prices down nearly 3% in after-hours trading, reports Bloomberg. Analysts said oversupply for NAND flash chips—used in cameras, music devices, and mini-storage devices—would likely persist into the third... More »

MORE ABOUT:
Intel • computer chip • microchips • Micron Technology • quarterly profits • flash memory

Exxon Posts Historic Profits

No US company has ever made more money, quarterly or annually

Feb 1, 08 8:00 AM CST
(Newser) - Exxon Mobil today reported the biggest quarterly and annual profit in US history, the Wall Street Journal reports, as record oil prices propelled net income up 14%, to $11.66 billion, or $2.13 per share. That topped analyst estimates, and investors rushed to the stock in pre-market trading. Annually,... More »

MORE ABOUT:
energy • oil • ExxonMobil • earnings reports • quarterly profits

Amazon Gets Late Christmas Present

Holiday shopping doubles retailer's
quarterly income

Jan 30, 08 5:47 PM CST
(Newser) - Amazon's net income more than doubled in the fourth quarter, in part because of the retailer's sales gimmicks for the holidays, reports the Wall Street Journal. In addition, Amazon released a cheerier than expected forecast for this year's first quarter. The good news could help soothe Wall Street's nervousness over... More »

MORE ABOUT:
Wall Street • consumer spending • Jeff Bezos • quarterly profits • Amazon.com

On the Rebound, Sony Profits Soar

Despite Playstation 3 flop, technology giant prepares for recovery

Oct 25, 07 2:12 PM CDT
(Newser) - Despite big losses in Playstation 3 sales, Sony reported a slight quarterly profit jump, a signal that cost-cutting and downsizing have been effective economic spurs for the Japanese technology giant. Electronics profits increased 12-fold to $939 million, with sales, especially of digital cameras, up more than 20%, the New York ... More »

MORE ABOUT:
electronics • Sony • corporate earnings • quarterly profits

AT&T Profits Boosted by Wireless Sales and iPhone

Wireless subscriptions reached 65.7 million

Oct 23, 07 5:06 PM CDT
(Newser) - AT&T quarterly profits went up 42%, boosted by strong wireless sales and by the ever-nifty Apple iPhone. Total wireless sales hit 65.7 million, much of the increase coming from the company's purchase of BellSouth—which made AT&T the sole owner of Cingular. “We had an excellent... More »

MORE ABOUT:
wireless • iPhone • Apple • AT and T • quarterly profits

Toyota Banks Best-Ever Quarter

Good yen rate bolsters $4B quarter

Aug 3, 07 2:27 PM CDT
(Newser) - Toyota reported its highest quarterly earnings ever today after profits surged 32% to $4.1 billion due to booming sales and favorable exchange rates for the yen. Revenue rose $54 billion, up 16% compared to the same quarter last year, and the Japanese giant sold 2.16 million cars, an... More »

MORE ABOUT:
Japan • Toyota • General Motors • Detroit • earnings reports • yen • auto industry • quarterly profits • cars

Ford Turns 1st Quarterly Profit in 2 Years

Automaker thumps expectations, moves into black for 2007

Jul 26, 07 11:48 AM CDT
(Newser) - In a surprise turnaround, Ford reported a $750 million quarterly profit today, ending seven quarters in the red by declaring earnings of 31 cents per share. Excluding profits related to the sale of Aston Martin and job cuts, the figure was 13 cents per share ($258 million), Bloomberg reports. Ford... More »

MORE ABOUT:
profits • automaker • Ford • Jaguar • Land Rover • Volvo • Alan Mulally • Aston Martin • auto industry • quarterly profits

19 Stories


from our news partners