Company Reaffirms Full-Year 2024 Revenue and EPS Guidance NEW YORK, April 19, 2024--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported first-quarter net income of $2.4 billion, or $3.33 per share, compared with net income of $1.8 billion, or $2.40 per share, a year ago. …
For another quarter, big banks saw only a smattering of losses on office loans. Seemingly every week brings fresh headlines about office towers selling at deeply discounted prices. Partly that is because they have already set aside sizable reserves for future losses over the …
ATLANTA, April 19, 2024--(BUSINESS WIRE)--WestRock Company (NYSE: WRK) today announced that it will release fiscal 2024 second quarter results before the market opens on Thursday, May 2, 2024. Due to the proposed business combination with Smurfit Kappa Group plc, WestRock will not host a …
Alcoa (NYSE:AA) First Quarter 2024 Results Key Financial Results Revenue: US$2.60b (down 2.7% from 1Q 2023). Net loss: US$252.0m (loss widened by 9.1% from 1Q 2023). US$1.41 loss per share (further deteriorated from US$1.30 loss in 1Q 2023). earnings-and-revenue-growth All figures shown in the …
It's been a mediocre week for Las Vegas Sands Corp. (NYSE:LVS) shareholders, with the stock dropping 11% to US$45.88 in the week since its latest quarterly results. The result was positive overall - although revenues of US$3.0b were in line with what the analysts …
Packaging Corporation of America's (NYSE:PKG) stock is up by 8.4% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention …
It's not possible to invest over long periods without making some bad investments. But you want to avoid the really big losses like the plague. So consider, for a moment, the misfortune of Zoom Video Communications, Inc. (NASDAQ:ZM) investors who have held the stock …
CSX Corporation (NASDAQ:CSX) shareholders are probably feeling a little disappointed, since its shares fell 2.9% to US$34.39 in the week after its latest quarterly results. It was a credible result overall, with revenues of US$3.7b and statutory earnings per share of US$0.46 both in …
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. By way of learning-by-doing, we'll look …
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Unfortunately, these high risk investments often have little …