Morgan Stanley (MS) earnings 3Q 2023
Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October 10, 2014. Joshua Roberts | Reuters Morgan Stanley posted third-quarter results Wednesday that topped profit estimates on better-than-expected trading revenue. Here’s what the company reported: Earnings per share: $1.38, vs. $1.28 estimate from LSEG, formerly […]
Morgan Stanley earnings fall 10% but beat Wall Street expectations
Morgan Stanley on Wednesday said its third-quarter profit fell 10% amid weakness in its investment banking business, but its trading and asset-management revenue rose. Morgan Stanley MS, +2.03% said profit for the three months ended Sept. 30 fell to $2.26 billion, or $1.38 a share, from $2.49 billion, or $1.47 a share, in the year-ago […]
Morgan Stanley earnings fall 10% but beat Wall Street expectations
Morgan Stanley on Wednesday said its third-quarter profit fell 10% amid weakness in its investment banking business, but its trading and asset-management revenue rose. Morgan Stanley MS, +2.03% said profit for the three months ended Sept. 30 fell to $2.26 billion, or $1.38 a share, from $2.49 billion, or $1.47 a share, in the year-ago […]
Procter & Gamble (PG) Q1 2024 earnings
Tide laundry detergent is shown on display in Compton, California. Mike Blake | Reuters Procter & Gamble is expected to report its fiscal first-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $1.72 Revenue: $21.58 billion For roughly two years, P&G […]
ASML expects flat 2024 revenue due to demand uncertainty
ASML Holding said it expects revenue next year to be similar to 2023 given uncertainty around demand recovery in the semiconductor industry, but posted better-than-expected net income for the third quarter. “The semiconductor industry is currently working through the bottom of the cycle and our customers expect the inflection point to be visible by the […]
United Airlines (UAL) 3Q 2023 earnings
A Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona airport in Barcelona on March 28, 2023. JanValls | Nurphoto | Getty Images United Airlines said more expensive jet fuel and a halt to the carrier’s Tel Aviv flights during the Israel-Hamas war will eat into its profits in the last three months of […]
United Airlines (UAL) 3Q 2023 earnings
A Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona airport in Barcelona on March 28, 2023. JanValls | Nurphoto | Getty Images United Airlines said more expensive jet fuel and a halt to the carrier’s Tel Aviv flights during the Israel-Hamas war will eat into its profits in the last three months of […]
GM to delay EV truck production at Michigan plant
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year […]
GM to delay EV truck production at Michigan plant
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year […]
China’s BYD Forecasts Higher Third-Quarter Profit on Record EV Sales
By Ben Otto Chinese automaker BYD Co. expects third-quarter profit to rise at least 67% on the back of record electric-vehicle sales. The Warren Buffett-backed maker of electric vehicles and batteries estimated net profit for the quarter at between 9.55 billion yuan ($1.31 billion) and CNY11.55 billion, up from CNY5.72 billion in the same period […]
