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Earnings Forecasts

A collection of news and information related to Earnings Forecasts published by this site and its partners.

Top Earnings Forecasts Articles

Displaying items 12-22
  • Abbott beats 2Q profit forecast

    Abbott Laboratories Inc reported better-than-expected quarterly earnings on Wednesday as demand for its recently-recalled infant formulas began to recover and profit margins improved for other business segments. Sales of nutritional products, the...
  • Webster Financial Posts Higher Quarterly Profits

    The Waterbury-based parent of Webster Bank posted higher second-quarter profits Thursday, with strong loan growth, especially among business borrowers. Webster Financial Corp. said net income for the quarter ended June 30 was $45.2 million, or 50 cents a...
  • Baxter has no plans for inversion with spinoff

     Baxter has no plans for inversion with spinoff
    While its peers in the northern suburbs and around the pharmaceutical industry have been lining up foreign mergers to help sidestep U.S. taxes, Baxter International said Thursday it has no plans to jump on the bandwagon. The Deerfield-based health...
  • GE Profit Rises 13%, Expects Retail Finance IPO By End Of July

    General Electric Co. reported a 13 percent jump in quarterly net income Friday on improved sales of its jet engines and oil and gas equipment, and said it was targeting the initial public offering of its private-label credit-card business for the end of...
  • McDonald's profit misses expectations in 2Q on flat sales

    McDonald's profit misses expectations in 2Q on flat sales
    McDonald’s Corp.’s CEO once again said the world’s largest restaurant company needs more time to show improvements, after missing Wall Street’s quarterly sales and profit expectations for the second consecutive quarter as it...
  • Lockheed profit tops forecast; Orlando results mixed

    Lockheed profit tops forecast; Orlando results mixed
    Despite a small drop in sales, Lockheed Martin Corp.'s big aircraft contracts helped it post a higher second-quarter profit that topped Wall Street's forecast, the company said Tuesday. The defense giant, based in Bethesda, Md., earned $880 million, up...
  • Potbelly shares plunge 25% on lower forecast

    Potbelly shares plunge 25% on lower forecast
    Shares of Chicago-based Potbelly Corp. lost roughly one-fourth of their value in Thursday morning trading, the day after the sandwich chain gave a bleak report on its latest quarter and slashed its expectations for the year. Some Wall Street analysts...
  • Wells Fargo profit rises 3.8% as home lending regains some traction

    No. 1 mortgage lender Wells Fargo & Co. kicked off the bank earnings season with a 3.8% increase in profit in a report that sent modestly positive signals about Main Street lending and the housing market. Wells Fargo had second-quarter net income of $5....
  • Potbelly's shares tumble as 2nd-quarter sales disappoint

    Potbelly's shares tumble as 2nd-quarter sales disappoint
    Shares of Potbelly Corp. lost one-fourth of their value Thursday, after the Chicago-based sandwich chain gave a bleak report on its latest quarter and slashed expectations for the year. Even as Wall Street analysts cut their forecasts, some said they...
  • Durbin bill would close tax loopholes for corporations sending jobs overseas

    Durbin bill would close tax loopholes for corporations sending jobs overseas
    With two Illinois companies making headlines this year for considering a move to more tax-friendly countries in Europe, Sen. Richard Durbin said Monday he will introduce legislation this week that would close tax loopholes for corporations that take...
  • Walgreen withdraws earnings goals

    Walgreen withdraws earnings goals
    Walgreen Co. on Tuesday withdrew its profit goals for its 2016 fiscal year, citing unforeseen pressure in its pharmacy operations and a lack of clarity on the final structure it will take following its expected purchase of European drug giant Alliance...