Earnings surprises

A visitor wearing a face mask to help curb the spread of the coronavirus walks by the logo of Toyota Motor Corp. at its showroom in Tokyo, Monday, Nov. 2, 2020. Toyota’s July-September profit fell 11% as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up well, compared to weaker rivals that have sunk into the red. (AP Photo/Koji Sasahara)
November 06, 2020 - 1:40 am
TOKYO (AP) — Toyota’s July-September profit fell 11% from a year earlier as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up better than weaker rivals that have sunk into the red. Toyota Motor Corp. reported Friday a quarterly profit of 470.5...
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FILE - In this Sept. 24, 2019, file photo a woman walks below a Google sign on the campus in Mountain View, Calif. Five technology giants reported mixed earnings results Thursday, Oct. 29, 2020 a sign of varying fortunes as they try to rebound from an pandemic-related economic slowdown earlier this year. While all five — Amazon, Google parent Alphabet, Facebook, Apple and Twitter — exceeded analyst expectations, gloomy forecasts and other uncertainties led to share-price declines for all but Alphabet in after-market trading. (AP Photo/Jeff Chiu, File)
October 29, 2020 - 6:19 pm
Five technology giants reported strong earnings but mixed outlooks Thursday, a sign of varying fortunes as they work to rebound from a pandemic-related economic slowdown earlier this year. While all five — Amazon, Google parent Alphabet, Facebook, Apple and Twitter — exceeded analyst expectations,...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 23, 2020. Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election. (AP Photo/Ahn Young-joon)
October 23, 2020 - 12:49 am
Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election. Stocks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai. Sydney's benchmark ended flat. In their...
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A Southwest Airlines Boeing 737-7H4 takes off, Tuesday, Oct. 20, 2020, from Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla. Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel. Southwest Airlines on Thursday, Oct. 22, lost $1.16 billion in the normally strong third quarter, which includes most of the summer vacation season.(AP Photo/Wilfredo Lee)
KNSS News
October 22, 2020 - 7:30 am
DALLAS (AP) — Airlines are piling up billions of dollars in losses as the pandemic causes a massive drop in air travel. American Airlines on Thursday reported a loss of $2.4 billion and Southwest Airlines lost $1.16 billion in the third quarter, typically a very strong period of air travel that...
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FILE - This Oct. 21, 2019 file, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a $4 billion charge for litigation costs in the year-ago quarter. The health care giant handily beat Wall Street expectations and raised its financial forecast for the year. (AP Photo/Rick Bowmer, File)
KNSS News
October 13, 2020 - 9:15 am
Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a $4 billion charge for litigation costs in the year-ago quarter. The health care giant blew past Wall Street expectations and raised its financial forecast for the year. Meanwhile, the New Brunswick...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Sept. 23, 2020. Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. (AP Photo/Ahn Young-joon)
September 22, 2020 - 11:03 pm
Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped Wednesday in Japan, Hong Kong and Seoul but rose in Sydney after the government reported retail sales fared better than expected. Overnight, the...
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July 31, 2020 - 2:49 am
HELSINKI (AP) — Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in revenue. The Espoo, Finland-based maker of new-generation 5G mobile and other networks...
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FILE - In this Oct. 20, 2019 file photograph, the company logo shines off the grille of an unsold 2019 F-250 pickup truck at a Ford dealership in Littleton, Colo. Ford Motor Co. reports quarterly financial results after the market close, Thursday, July 30 2020. (AP Photo/David Zalubowski, File)
July 30, 2020 - 4:52 pm
DETROIT (AP) — Ford Motor Co. posted results on Thursday that were not as grim as expected for its second quarter that saw its U.S. factories shuttered for half the period to combat the spread of the coronavirus and car buyers sheltering in place. Ford reported a $1.12 billion second-quarter net...
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June 30, 2020 - 6:27 pm
FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping. FedEx's stock rose more than 9% in after-market trading following the results report. With...
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FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. U.S. auto safety investigators have found no apparent defect with the passenger air bag seat sensors in thousands of older General Motors sedans. The National Highway Traffic Safety Administration denied a 2013 petition filed by a private crash investigator seeking a formal investigation of full-size cars including the Chevrolet Impala from the 2004 to 2010 model years. (AP Photo/Matt Rourke, File)
KNSS News
May 06, 2020 - 8:20 am
DETROIT (AP) — General Motors' first-quarter net income fell 88%, but it still managed to make $247 million despite the arrival of the global coronavirus pandemic. U.S. automakers suspended production in much of the world in late March. For GM, that clipped revenue for the quarter by 6%, to $32.7...
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