category

Earnings Report

CVS Health 1Q Earnings Beat Expectations

CVS Health reported an adjusted 1Q profit of $1.18 per share, topping the estimate for $1.16. Revenue for the company came in at $43.22 billion, beating the estimate for $43 billion.

Berkshire Preliminary 1Q Operating Profit Falls

Warren Buffett on Saturday said preliminary first-quarter profit at his Berkshire Hathaway fell about 12 percent, hurt by weaker performance in its railroad and insurance operations.

Amazon Shares Surge on Profit and Revenue Beat

Amazon.com's shares jumped in early trading on Friday, a day after the company reported profit and revenue that swept away analysts' estimates along with doubts about the online retailer's investment spree.

UPS 1Q Profit Rises on Higher Margins, Ecommerce

Package delivery company United Parcel Service on Thursday reported a higher quarterly net profit, citing a rise in ecommerce packages in its crucial U.S. domestic business and improved margins on the back of cost cutting.

ConocoPhillips Posts 1Q Loss, Cuts 2016 Budget Again

ConocoPhillips, the largest U.S. independent oil company, reported a quarterly loss, compared with a year-earlier profit, and further lowered its 2016 budget as the slump in crude prices sapped profitability.

Time Warner Cable 1Q Revenue Rises 7.2%

Time Warner Cable, which is being bought by Charter Communications, reported a 7.2 percent rise in revenue as it added more high speed data customers.