Earnings News Updates

Business, Fuel

Chevron Earnings Jump on Permian Output, Andarko Breakup Fee

Chevron Corp. posted strong production growth from the Permian Basin combined with a stabilization in its refining operations to beat earnings estimates in the second quarter.

August 2, 2019
Business

GM Profit Beats Estimates as Trucks Make Up for Slower Sales

General Motors Co. is looking like a port in the storm as new trucks and cost-cutting efforts pad profit in the midst of slowing industry sales.

August 1, 2019
Business, Technology

Shopify Rally Continues After Sales, Outlook Beat Estimates

Shopify Inc. shares continued their rally Aug. 1 after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.

August 1, 2019
Business, Fuel

Shell Profit Misses as Slowing Economy Hurts Gas, Chemicals

Royal Dutch Shell Plc got caught into the same earnings trap as many of its peers, reporting second-quarter earnings that fell well short of expectations as the slowing global economy hit everything from natural gas to chemicals.

August 1, 2019
Business

Fiat Chrysler Surges From North American Sales of Ram, Jeep Models

Fiat Chrysler Automobiles NV jumped the most in two months after soaring sales of its Ram pickup truck delivered higher profits in North America and offset weakness in Europe.

July 31, 2019
Business, Fuel

BP Bucks Trend of Big Oil Earnings Misses as Output Rises

BP bucked the trend of disappointing oil and gas earnings, beating expectations and increasing its cash flow as higher production offset the effect of lower energy prices.

July 30, 2019
Business, Logistics, Top 100

TFI International Reports Record Operating Income for 2Q

TFI International reported record results for its second quarter ending June 30, the company said in a July 25 press release.

July 26, 2019
Government, Business

Landstar Reports Record Earnings Per Share in 2Q

Landstar System Inc. reported record second-quarter earnings per share of $1.53 on second-quarter net income of $61.1 million, which compares with $1.51 per share on net income of $62.5 million during the same period a year ago.

July 24, 2019
Business, Technology

Tesla Plunges on Quarterly Loss, Backtracks From Profit Forecast

Tesla Inc. shares plummeted in late trading after the electric-car maker posted a worse-than-expected loss and backtracked from a forecast for a return to profit.

July 24, 2019
Business

Norfolk Southern 2Q Profit up 2% Despite Weaker Volume

Norfolk Southern Corp.’s earnings chugged ahead 2% even though the railroad hauled 4% less freight in the second quarter because it was able to raise its shipping rates.

July 24, 2019