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Infographic: Highlights of Abbott Laboratories' (ABT) Q4 2023 earnings report

Abbott Laboratories (NYSE: ABT), a diversified healthcare services company, Wednesday reported its fourth quarter 2023 financial results. Net income, excluding special items, increased to $1.19 per share in the fourth quarter from $1.03 per share in the corresponding period of last year. Unadjusted net income was $1.59 billion or $0.91 per share in Q4, compared to $1.03 billion or $0.59 per…

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Kimberly-Clark (KMB) Q4 2023 Earnings: Key financials and quarterly highlights

Kimberly-Clark Corporation (NYSE: KMB) reported fourth quarter 2023 earnings results today. Net sales remained flat at $5 billion versus the same period a year ago. Organic sales rose 3%. Net income attributable to Kimberly-Clark Corporation of $509 million, or $1.50 per share, remained relatively unchanged from last year. Adjusted EPS decreased 2% to $1.51. For fiscal year 2024, the company…

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T Earnings: All you need to know about AT&T’s Q4 2023 earnings results

AT&T Inc. (NYSE: T) reported fourth quarter 2023 earnings results today. Total operating revenues increased 2.2% year-over-year to $32 billion. Net income attributable to common stock was $2.1 billion, or $0.30 per share, compared to a net loss of $23.5 billion, or $3.20 per share, last year. Cash, cash equivalents and restricted cash at the end of the year stood at $6.8 billion. (This story…

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Intel (INTC) all set to report Q4 2023 results. Here is what to look for

Intel Corporation (NASDAQ: INTC) is preparing to report fourth-quarter results on Thursday after the bell, amid expectations for a positive outcome. The company reported revenues above the high end of its guidance in the most recent quarter when earnings also benefited from expense discipline. The value of Intel’s stock nearly doubled in the past twelve months, but it is still far below the 2021…

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NFLX Earnings: Netflix Q4 2023 profit rises on higher revenues

Streaming giant Netflix, Inc. (NASDAQ: NFLX) Tuesday reported an increase in fourth-quarter revenue and earnings. The top line also exceeded analysts’ estimates. Net income came in at $938 million or $2.11 per share in Q4, compared to $55 million or $0.12 per share in the corresponding period of 2022. Earnings missed the market’s projection. The bottom line benefitted from a 12.5% increase in…

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Key takeaways from Procter & Gamble’s (PG) Q2 2024 earnings report

Shares of Procter & Gamble (NYSE: PG) gained over 4% on Tuesday despite the company posting mixed results for the second quarter of 2024. Earnings beat expectations while revenue fell short of estimates. The consumer goods firm also lowered its full-year earnings guidance due to an impairment charge. Here are the key takeaways from the earnings report: Mixed results Procter & Gamble’s net sales…

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UAL Earnings: United Airlines Q4 adj. profit declines; revenue up 10%

United Airlines Holdings, Inc. (NYSE: UAL) has reported a sharp decrease in earnings for the fourth quarter of 2023. Meanwhile, the airline company’s revenues increased during the three months. The company reported a net income of $2.00 per share for the December quarter, on an adjusted basis, compared to $2.46 per share last year. On an unadjusted basis, net income decreased to $600 million or…

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Infographic: How Halliburton (HAL) performed in Q4 2023

Halliburton Company (NYSE: HAL) reported fourth quarter 2023 earnings results today. Total revenue was $5.74 billion compared to $5.58 billion in the same period last year. Net income attributable to company was $661 million, or $0.74 per share, compared to $656 million, or $0.72 per share, last year. The board of directors declared a first quarter 2024 dividend of $0.17 per common share…

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GE Earnings: General Electric Q4 adj. earnings jump on higher revenues

The General Electric Company (NYSE: GE) reported a sharp increase in adjusted earnings for the fourth quarter of 2023 when the engineering conglomerate’s revenues grew in double digits. The company posted adjusted earnings of $1.03 per share for the December quarter, compared to $0.66 per share a year earlier. On an unadjusted basis, net profit from continuing operations decreased to $1.59…

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Key highlights from Lockheed Martin’s (LMT) Q4 2023 earnings results

Lockheed Martin Corporation (NYSE: LMT) reported fourth quarter 2023 earnings results today. Net sales were $18.9 billion compared to $19 billion in the same period last year. Net earnings were $1.86 billion, or $7.58 per share, compared to $1.91 billion, or $7.40 per share, last year. Adjusted EPS was $7.90. For fiscal year 2024, net sales are expected to be $68.5-70.0 billion and EPS is…

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VZ Earnings: Everything you need to know about Verizon's Q4 2023 results

Verizon Communications Inc. (NYSE: VZ) on Tuesday reported lower revenues and adjusted earnings for the fourth quarter of 2023. The telecom giant’s fourth-quarter adjusted earnings declined to $1.08 per share from $1.19 per share in the comparable period of last year. On an unadjusted basis, it was a net loss of $2.57 billion or $0.64 per share, compared to a profit of $6.70 billion or $1.56 per…

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Procter & Gamble (PG) Q2 2024 Earnings: Key financials and quarterly highlights

The Procter & Gamble Company (NYSE: PG) reported second quarter 2024 earnings results today. Net sales increased 3% year-over-year to $21.4 billion. Organic sales grew 4%. Net earnings attributable to Procter & Gamble decreased 12% to $3.5 billion, or $1.40 per share, compared to last year. Core EPS grew 16% to $1.84. For fiscal year 2024, the company expects all-in sales growth of 2-4% and…

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JNJ Earnings: Key quarterly highlights from Johnson & Johnson’s Q4 2023 financial results

Johnson & Johnson (NYSE: JNJ) reported fourth quarter 2023 earnings results today. Reported sales increased 7.3% year-over-year to $21.4 billion. Net earnings increased 28% to $4.1 billion and EPS rose 39.3% to $1.70 from last year. Adjusted EPS rose 11.7% to $2.29. For the full year of 2024, the company expects adjusted EPS of $10.55-10.75. Reported sales are expected to be $87.8-88.6…

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What to look for when Alaska Air Group (ALK) reports Q4 2023 earnings

Shares of Alaska Air Group Inc. (NYSE: ALK) stayed green on Monday. The stock has gained 7% over the past three months. The airline is set to report its fourth quarter 2023 earnings results on Thursday, January 25, before markets open. Here’s what to expect from the earnings report: Revenue Alaska expects its total revenue for the fourth quarter of 2023 to be up 2.25-3.25% year-over-year.…

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Earnings Summary: Travelers Companies (TRV) reports higher earnings and revenue

Insurance service provider The Travelers Companies, Inc. (NYSE: TRV) on Friday reported an increase in revenues and earnings for the fourth quarter of 2023. Net income increased to a record high of $1.63 billion in Q4 from $819 million in the prior-year periodTotal revenues increased 13% from last year to $10.93 billionEarnings per share nearly doubled to $6.99 per share during the three-month…

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Highlights of Fifth Third Bancorp's (FITB) fourth-quarter 2023 report

Financial services company Fifth Third Bancorp (NASDAQ: FITB) reported results for the fourth quarter of 2023. There was a decline in net interest income in Q4. Fourth quarter net income was $530 million, compared to $737 million in the comparable period of 2022On a per-share basis, net income available to common shareholders was $0.72 in Q4, compared to $1.01 in the prior-year quarterAverage…

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Earnings Summary: Schlumberger reports Q4 2023 financial results

Energy infrastructure company Schlumberger Limited (NYSE: SLB) on Friday announced financial results for the fourth quarter of 2023, reporting higher revenues and earnings. Fourth-quarter revenue increased 14% year-over-yeara to $8.99 billion, and rose 8% sequentiallyAdjusted earnings, excluding charges and credits, came in at $0.86 per share, up 21% YoYOn an unadjusted basis, earnings per share…