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AT&T tops analysts' estimates for profit and revenue in fiscal Q4. - Vimarsana News

AT&T tops analysts' estimates for profit and revenue in fiscal Q4.

HBO Max activations jumped 100% on a quarter over quarter basis. The U.S. firm reports 800 thousand post-paid phone net adds. AT&T Inc. (NYSE: T) reported its financial results for the fiscal fourth quarter on Wednesday that topped analysts’ estimate for profit and revenue. The company attributed its hawkish performance primarily to robust demand for HBO Max and its post-paid services in recent months. AT&T shares were reported about 2.5% down in premarket trading on Wednesday. Including the price action, the stock is now exchanging hands at £21.19 per share versus a lower £19.52 per shar...

Source: invezz.com
American Express Q4 earnings and revenue came in weaker than last year - Vimarsana News

American Express Q4 earnings and revenue came in weaker than last year

American Express says its Q4 earnings & revenue came in weaker than last year. The U.S. firm released £81 million of funds it had set aside to cover for bad loans. Shares of the company slid just under 3% in premarket trading on Tuesday. The American Express Company (NYSE: AXP) said on Tuesday that its fourth-quarter earnings and revenue saw a decline on a year over year basis. As per the NYSE-listed company, it released £81 million of funds in Q4 that it had previously set aside to cover for bad loans amidst the ongoing COVID-19 crisis that has so far infected more than 100 million people ...

Source: invezz.com
IBM's revenue slides 6% in the fiscal fourth quarter. - Vimarsana News

IBM's revenue slides 6% in the fiscal fourth quarter.

Abbott Laboratories beats Wall Street estimates in the fourth quarter. The U.S. firm's rapid diagnostics sales jump 333% in fiscal Q4.

Source: invezz.com
PNC Financial's revenue slides to £3.10 billion in Q4. - Vimarsana News

PNC Financial's revenue slides to £3.10 billion in Q4.

Ashmore Group reports a 9% growth in assets under management. The British investment manager values AUM at £68.06 billion.

Source: invezz.com
IHS Markit reports a 1% annualised decline in its fourth-quarter revenue. - Vimarsana News

IHS Markit reports a 1% annualised decline in its fourth-quarter revenue.

IHS Markit reports a 1% annualised decline in its fourth-quarter revenue. The information provider tops analysts' estimates for profit in Q4.

Source: invezz.com