GM kept the earnings momentum going with strong first quarter results, resulting in the automaker upping its full-year guidance. GM also still sees "positive variable profit" in its EV business in the back half of 2024 as well.
GM had a strong first quarter as year-over-year revenue rose by 8%. The impressive start pushed GM to raise their full-year guidance. While the company continues to ramp up electric vehicle production, they’re expecting a boost from new and updated ICE-powered vehicles such as the Equinox, Traverse, and Tahoe. General Motors has released their first-quarter results and it's good news for investors as the company reported revenues of $43 billion and $3 billion of net income attributable to...
Ford reported first quarter results after the bell that beat expectations on Wednesday, with its changing product game plan front and center along with its focus on gas and hybrid offerings.
Abbott Laboratories (ABT) reported first quarter results that topped Wall Street estimates on both the top and bottom lines. The healthcare products company also raised the lower end of its full-year earnings guidance range. Yahoo Finance's Anjalee Khemlani breaks down the results in the video above. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow of...
Sunoco LP (NYSE:SUN – Free Report) – Equities research analysts at Zacks Research upped their Q1 2024 earnings estimates for shares of Sunoco in a report issued on Wednesday, April 10th. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings of $1.03 per share for the quarter, up […]
Sage Therapeutics, Inc. (NASDAQ:SAGE – Free Report) – Analysts at Leerink Partnrs increased their Q1 2024 earnings estimates for shares of Sage Therapeutics in a research report issued on Tuesday, April 9th. Leerink Partnrs analyst M. Goodman now expects that the biopharmaceutical company will earn ($1.64) per share for the quarter, up from their previous […]
Colony Bankcorp (NASDAQ:CBAN) just reported results for the first quarter of 2024.Colony Bankcorp reported earnings per share of 33 cents. This was above the analyst estimate for EPS of 31 cents.The company reported revenue of $28.14 million.This was 1.96% better than the analyst estimate for revenue of $27.60 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including...
Robust demand for continuity solutions and digital infrastructure solutions is likely to have aided Vertiv Holdings' (VRT) first-quarter 2024 performance.
General Motors exceeded first-quarter profit and revenue estimates as its
Verizon (VZ) delivered earnings and revenue surprises of 2.68% and 1.05%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Elevance Health (ELV) delivered earnings and revenue surprises of 0.95% and 0.36%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?