Europe's bank earnings to offer interest rate reality check
By Tommy Wilkes, Tom Sims and Jesús Aguado
Best Free US Stock Signals for 2024
By Tommy Wilkes, Tom Sims and Jesús Aguado
By Rajasik Mukherjee
BIRMINGHAM – Regions Financial Corp. (NYSE:RF) today reported lower earnings for the first quarter ended March 31, 2024, with net income available to common shareholders at $343 million and earnings per diluted share of $0.37.
Liberty Energy (ticker: LBRT) has reported strong financial performance in the first quarter of 2024, with revenue reaching $1.1 billion and adjusted EBITDA standing at $245 million.
Netflix Inc. (NASDAQ:NFLX) announced in its Q1 2024 Earnings Interview that it will discontinue the reporting of quarterly membership and average revenue per member (ARM) data starting in 2025. This shift is due to the evolving nature of the company\’s revenue model, which now encompasses advertising and additional member features.
Intuitive Surgical, Inc. (ISRG) has reported a solid performance in the first quarter of 2024, with a 16% increase in procedure growth year-over-year. The growth was primarily driven by a rise in patient volume following the pandemic and was particularly strong in general surgery.
Investing.com – Procter&Gamble (NYSE: PG) reported third quarter EPS of $1.52, $0.11 better than the analyst estimate of $1.41. Revenue for the quarter came in at $20.2B versus the consensus estimate of $20.44B.
Investing.com – American Express (NYSE: AXP) reported first quarter EPS of $3.33, $0.38 better than the analyst estimate of $2.95. Revenue for the quarter came in at $15.8B versus the consensus estimate of $15.79B.
Schlumberger (NYSE:SLB), a leading oilfield services company, reported first-quarter earnings per share (EPS) of $0.75, meeting analysts\’ estimates, according to a recent press release. The company\’s revenue reached $8.71 billion, slightly above the consensus estimate of $8.7 billion, marking a 13% increase from the same quarter last year.
Procter & Gamble (NYSE:PG) reported third-quarter earnings that surpassed analysts\’ expectations, with adjusted earnings per share (EPS) of $1.52, which was $0.11 higher than the consensus estimate of $1.41. However, the company experienced a slight setback as revenue for the quarter was reported at $20.2 billion, falling short of the analysts\’ consensus of $20.44 billion. The stock responded with a modest decline of 1.2%, reflecting investor reaction to the revenue miss.