, (AXP) a Dow-30 component and one of the world's largest issuers of credit/charge cards, has reported December-period financial results
. For the quarter, the company achieved adjusted share earnings of $1.74, which excluded $0.58 of tax-related benefits. Although this figure was 9% higher than the year-earlier figure, it came in below the consensus Wall Street analyst estimate, as well as our call of $1.82.
Goldman Sachs reported mixed financial results
for the fourth quarter of 2018
. The company's revenue and share net figures came in slightly below our expectations, but both marked improvements over the previous-year period, which sent the shares higher.
JPMorgan Chase (JPM) one of the largest banks in the United States and a component of the Dow 30, turned in disappointing results for the final quarter of 2018. The stock slipped modestly on the news. The company reported December-quarter share net of $1.98 and full-year 2018 results of $9.00. Earnings were significantly better than the $1.76 logged in the final quarter of 2017 and full-year 2017 results of $6.87, both adjusted for a $0.69-a-share charge for the upfront impact of the Tax Cuts and Jobs Act.
StockHighlightsDow 30 Earnings UnitedHealth Group Fourth Quarter 2018UnitedHealth Group (UNH – Free UnitedHealth Stock Report), the nation's largest health insurer and a Dow 30 component, has reported fourth quarter and full year figures for 2018. Both revenues and earnings came
of athletic footwear titan NIKE
are up sharply in value
following the company’s release of favorable fiscal 2019 second-quarter results
. Too, management
sounded a positive tone
for the future
, stating that it sees momentum developing into next year
Shares of Walgreens Boots Alliance
(WBA) fell modestly
after the drugstore operator released fiscal first-quarter (ended November 30th) results and reaffirmed its guidance. November-period financials were a bit better than we had expected.
Shares of Walmart
of the retail giant’s fiscal third-quarter financial results
Shares of Cisco Systems (CSCO) are up modestly in trading today after the networking equipment and software provider reported better-than-expected results for the October period. Revenue of $13.1 billion grew 8% year over year, greater than our 4% estimate. Total product sales (75% of the top line) were up 9%, Service revenue grew 3%, and product orders advanced 8%. Adjusted earnings per share came in at $0.75, $0.03 more than our forecast and 23% above the prior year's tally.
Shares of The Home Depot
(HD) fell slightly, even as the world's largest home-improvement retailer released better-than-expected fiscal third-quarter
(ended October 28th) results
and raised its outlook. The top line increased 5% from a year earlier, to $26.302 billion, a hair above our $26.250 billion forecast.
and Dow-30 component The Walt Disney Company closed
out fiscal 2018 in fine fashion
. The Parks & Resorts and Studio Entertainment businesses once again led the way. The stock was modestly higher in early trading.