Earnings surprises

Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, Oct. 11, 2018. The market's recent decline was set off by a sharp drop in bond prices and a corresponding increase in yields last week and early this week. (AP Photo/Richard Drew)
October 11, 2018 - 1:09 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are slumping for a second straight day as the market endures its most volatile stretch since February. The Dow Jones industrials fell 545 points, or 2.1 percent, to 25,052.83 and the benchmark S&...
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FILE - In this July 1, 2017 file photo, a person buys marijuana at the Essence cannabis dispensary in Las Vegas. The first full year of legalized marijuana for recreational use in Nevada pushed taxable pot sales past the $500 million mark statewide and raised nearly $70 million in tax revenue, including $27.5 million for schools. The Nevada Department of Taxation said Tuesday, Aug. 28, 2018 the $529.9 million in taxable pot sales for recreational and medical use combined exceeded expectations by 40 percent for the fiscal year that ended June 30. (AP Photo/John Locher, File)
August 28, 2018 - 3:37 pm
RENO, Nev. (AP) — The first full year of legal marijuana sales in Nevada exceeded expectations by 40 percent, state tax officials said Tuesday. Taxable pot sales statewide totaled $529.9 million and raised nearly $70 million in tax revenue, including $27.5 million for schools, the Nevada Department...
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August 16, 2018 - 1:31 am
COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg says its second-quarter sales were above expectations thanks to the World Cup and warm weather, allowing the Copenhagen-based company to raise its full-year outlook. Carlsberg said Thursday that its reported net profit for the second half of 2018...
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FILE - This file image released by Warner Bros. Entertainment shows Jason Statham in a scene from the film, "The Meg." The shark thriller “The Meg” became the latest success in Hollywood’s sizzling summer, opening well above expectations with $44.5 million in ticket sales, according to box office estimates Sunday, Aug. 12, 2018. (Daniel Smith/Warner Bros. Entertainment via AP, File)
August 12, 2018 - 10:45 am
NEW YORK (AP) — Adding to Hollywood's sizzling summer, the shark thriller "The Meg" opened well above expectations with an estimated $44.5 million in ticket sales, while Spike Lee had his best debut in a decade. "The Meg" had been forecast by some analysts for closer to half that total. An American...
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FILE- In this Nov. 16, 2017, file photo, a visitor walks past a display of Disney characters inside an exhibition entitled "Mexico and Walt Disney: A Magical Encounter," at the Cineteca Nacional, Mexico's film archive, in Mexico City. The Walt Disney Co. reports earnings Tuesday, Aug. 7, 2018. (AP Photo/Rebecca Blackwell, File)
August 07, 2018 - 3:10 pm
NEW YORK (AP) — Disney's upcoming streaming service won't try to compete directly with Netflix and Amazon, but will focus instead on quality — namely original programs from Disney's "Star Wars," Pixar and Marvel brands. The details from Disney CEO Bob Iger came as Disney reported a growth in...
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FILE - In this June 1, 2017, file photo, a sign stands on the campus of the Aetna headquarters, in Hartford, Conn. Aetna Inc. (AET) on Thursday, Aug. 2, 2018, reported second-quarter earnings of $1.21 billion. (AP Photo/Bill Sikes, File)
August 02, 2018 - 6:41 am
Aetna easily topped second-quarter earnings expectations as another drop in benefit expenses and lower taxes helped the nation's third-largest health insurer. Net income inched up less than 1 percent to $1.21 billion, while earnings adjusted for non-recurring gains totaled $3.43 per share, the...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer Inc. (PFE) on Tuesday, July 31, 2018, reported second-quarter earnings of $3.87 billion. (AP Photo/Mark Lennihan, File)
July 31, 2018 - 4:57 am
Pfizer's second-quarter profit surged 26 percent, thanks to a 4 percent increase in medicine sales, higher income from partnerships and lower tax expenses. The biggest U.S.-based drugmaker on Tuesday beat Wall Street expectations and boosted its 2018 profit forecast. However, Pfizer trimmed its...
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FILE- In this April 23, 2018, file photo the logo for Caterpillar appears above a trading post on the floor of the New York Stock Exchange. Caterpillar’s second-quarter results topped Wall Street’s view, thanks in part to increased demand in its construction industries segment. The maker of heavy equipment and machinery also boosted its full-year adjusted earnings forecast again, citing its performance in the first half of the year and ongoing strength in end markets. (AP Photo/Richard Drew, File)
July 30, 2018 - 5:28 am
Caterpillar's second-quarter easily beat Wall Street expectations thanks in part to the blistering pace of construction and demand for big machines, a the company boosted its full-year earnings forecast again. Shares rose more than 3 percent Monday in premarket trading. Caterpillar now anticipates...
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July 27, 2018 - 5:01 am
Soaring sales of most of its cancer drugs and vaccines boosted Merck & Co.'s second-quarter revenue by 5 percent, but restructuring and acquisition costs helped drag profits down 12 percent. However, revenue and net income both beat Wall Street expectations and the drugmaker raised its profit...
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July 26, 2018 - 1:29 pm
NEW YORK (AP) — Amazon's quarterly profit soared past $2 billion for the first time, as revenue from online shopping and its cloud computing business grew. The Seattle-based company reported net income of $2.53 billion, or $5.07 per share, for the three months ending June 30. That blew past the $2...
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