Tag: earnings

Capital and Risk, Insurance

Berkshire: Negative Q3 Insurance Results Due to Catastrophe, Auto Losses

November 7, 2022

Via: Insurance Journal

Berkshire Hathaway’s insurance business recorded an after-tax underwriting loss of $962 million (a pre-tax loss of $1.15 billion) in the third quarter, a decrease of $178 million from 2021, as catastrophe losses and increases in private-passenger auto frequency offset underlying […]


Analysts Estimate Bank of America (BAC) to Report a Decline in Earnings: What to Look Out for

October 10, 2022

Via: Yahoo

Wall Street expects a year-over-year decline in earnings on higher revenues when Bank of America (BAC) reports results for the quarter ended September 2022. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor […]

Capital and Risk, Trading

Stocks making the biggest moves in the premarket: Okta, Marvell Technology, Vroom & more

March 4, 2021


Okta (OKTA) – Okta tanked 10.5% in premarket trading after announcing it is buying customer management software provider Auth0 for $6.5 billion in stock. The provider of identity management software also reported quarterly earnings of 6 cents per share, compared […]

Activity, Corporate Banking

Bank of America shares drop as the firm sets aside another $4 billion for coronavirus-related loan losses

July 16, 2020


Bank of America on Thursday posted second-quarter earnings that were bolstered by stronger-than-expected bond trading and investment banking revenue. The bank said it generated earnings of $3.5 billion, or 37 cents a share, exceeding the 27 cents a share expected […]

Capital and Risk, Macroeconomic

Earnings and data could be proof that slowdown fears were overblown

April 19, 2019


Earnings season shifts into a higher gear in the week ahead, as investors also watch for fresh economic data that could show that the economy is pulling out of a temporary rut. Amazon, Boeing, Microsoft and ExxonMobil are among more […]

Activity, Trading

U.S. stock futures fight to gain ground higher with earnings, Trump-Putin summit in focus

July 16, 2018

Via: Market Watch

U.S. stock futures traded little changed Monday, with investors looking to a fresh round of quarterly results to help steer trading following last week’s uptrend that took equity benchmarks to their highest levels in weeks despite rising geopolitical worries. A […]

Activity, Trading

Bank earnings are expected to shine, but their stocks may not

July 11, 2018

Via: Market Watch

The second-quarter earnings season will kick off in earnest on Friday, when three of the nation’s biggest banks report, and analysts are expecting somewhat of a repeat of the first quarter, when the sector chalked up record gains. Against the […]

Activity, Trading

Earnings Outlook: Visa and Mastercard earnings: Will the card networks get back on the same path?

April 24, 2018

Via: Market Watch

For years, Visa Inc. and Mastercard Inc. were viewed as somewhat indistinguishable, both benefiting from the same gradual shift toward card-based payments. Recently, however, they’ve started to move apart. Mastercard MA, +0.81% shares are up 54% over the past 12 […]

Activity, Trading

Bank earnings started off ‘mixed’ and ‘messy’ — and that’s likely to continue

January 12, 2018

Via: Market Watch

Shares of big banks have been on a tear since mid-2017 as investors began to anticipate a better business environment thanks to an improving global economy and business-friendly policies from Washington. But—and there’s always a but with bank earnings, it […]

Activity, Corporate Banking

American Savings Bank Reports First Quarter 2016 Earnings

May 2, 2016

Via: PR Newswire

American Savings Bank, F.S.B. (American), a wholly-owned indirect subsidiary of Hawaiian Electric Industries, Inc. (HEI) (NYSE – HE), today reported net income of $12.7 million for the first quarter of 2016 compared to $15.0 million in the fourth (or linked) […]

Activity, Corporate Banking

U.S. Bancorp Reports First Quarter 2016 Earnings

April 20, 2016

Via: Yahoo

U.S. Bancorp (NYSE: USB) today reported net income of $1,386 million for the first quarter of 2016, or $0.76 per diluted common share, compared with $1,431 million, or $0.76 per diluted common share, in the first quarter of 2015. Highlights […]

Capital and Risk, Liquidity

Will Bank Earnings Be the Market’s Next Big Problem?

April 12, 2016

Via: TheStreet

Earnings from the nation’s big banks are likely to be pretty terrible, threatening the fragile confidence that has underpinned the market’s recent rally. First-quarter profits will likely miss forecasts at both banking giants like Bank of America (BAC – Get […]