Earnings surprises

FILE - This Oct. 21, 2016, file photo shows a CVS drugstore and pharmacy location in Philadelphia. CVS swung back to a profit in the second quarter and easily beat expectations thanks in part to its acquisition of the health insurer Aetna. The drugstore on Wednesday, Aug. 7, 2019 reported profits of $1.94 billion, or $1.49 per share. Earnings, adjusted for one-time items, were $1.89 per share, which was 19 cents better than expected, according to a survey by Zacks Investment Research.(AP Photo/Matt Rourke, File)
August 07, 2019 - 8:31 am
CVS Health swung back to a profit in the second quarter, thanks to an influx of health insurance revenue, and the company raised its 2019 forecast beyond Wall Street expectations. Shares of the drugstore chain and pharmacy benefit manager outpaced the broader market in Wednesday trading after the...
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FILE - In this Aug. 6, 2019, file photo trader Jonathan Mueller works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug. 7. (AP Photo/Richard Drew, File)
August 07, 2019 - 8:24 am
NEW YORK (AP) — U.S. stocks fell broadly in midday trading Wednesday as central banks around the world cut interest rates and increased fears that global growth is being crimped by the U.S.-China trade war. Every major U.S. index fell and put stocks back on a course for losses after briefly...
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Traders Gregory Rowe, left, and Daniel Kryger, center, work with specialist Mario Picone on the floor of the New York Stock Exchange, Tuesday, Aug. 6, 2019. Stock markets turned higher on Tuesday as China stabilized its currency after allowing it to depreciate against the dollar in response to President Donald Trump's decision to put more tariffs on Chinese goods. (AP Photo/Richard Drew)
August 06, 2019 - 8:54 am
NEW YORK (AP) — Stocks edged higher on Wall Street Tuesday, a day after their worst loss of the year, as China eased some of the pressure in its trade war with the U.S. by stabilizing its currency. Technology stocks led the gains in a reversal of Monday's slump, when they bore the brunt of the...
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FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 7:23 am
NEW YORK (AP) — Stocks moved higher in early trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before. Investors are nearing the end of a busy week that included Wednesday's widely anticipated quarter-point cut to the Federal...
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FILE - In this Friday, July 19 2019, file photo specialist Mark Otto, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 26. (AP Photo/Richard Drew, File)
July 26, 2019 - 1:29 pm
NEW YORK (AP) — U.S. stocks pushed to record heights Friday following strong profit reports from Google's parent company, Twitter and other big corporations. Companies are nearly midway through earnings reporting season, and results have generally been better than the dismal expectations that...
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July 26, 2019 - 5:33 am
CHICAGO (AP) — McDonald's is reporting its 16th consecutive bump in comparable-store sales globally. The company on Friday posted earnings of $1.52 billion, or $1.97 per share. Earnings, adjusted for restructuring costs, came to $2.05 per share, which was a penny shy of expectations, according to...
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FILE - In this Thursday, July 18, 2019, file photo trader Dennis Maguire works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 23. (AP Photo/Richard Drew, File)
July 23, 2019 - 7:26 am
NEW YORK (AP) — U.S. stocks moved higher in early trading Tuesday on Wall Street as several major companies reported solid second quarter earnings. Corporate earnings are now in full swing after last week's relatively light load of mixed results. Nearly 150 companies in the S&P 500 will report...
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FILE - In this June 19, 2019, file photo trader Steven Kaplan, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, July 18. (AP Photo/Richard Drew, File)
July 18, 2019 - 7:26 am
NEW YORK (AP) — U.S. stocks moved lower in early trading on Wall Street Thursday after Netflix reported a slump in new subscribers and dragged down communications companies. The streaming video service plunged after subscriber additions fell far below Wall Street forecasts during its April-June...
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July 16, 2019 - 2:21 pm
United Airlines glided through the first part of summer, as strong travel demand pushed average fares higher, but the grounding of Boeing 737 Max jets will become a bigger challenge in the months ahead. United said Tuesday that second-quarter profit soared 54%, to $1.05 billion. The results beat...
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FILE- This Nov. 14, 2018, file photo shows Lubriderm, a Johnson & Johnson product, on display at a market in Pittsburgh. Johnson & Johnson reports financial results on Tuesday, July 16. (AP Photo/Gene J. Puskar, File)
July 16, 2019 - 7:58 am
Johnson & Johnson posted slightly lower sales across much of its business in the second quarter, but a big one-time gain and lower spending on marketing and administration boosted its profit a whopping 42 percent. That blew past Wall Street expectations. The maker of baby shampoo and cancer and...
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