US Stock Reports, Quotes and News
Cadence Design Systems, Inc. (NASDAQ:CDNS) reported a robust first quarter in 2024, surpassing its own financial guidance with a total revenue of $1.009 billion. The company's strong performance is backed by significant design activity in key technology areas and a record backlog that positions it well for the future.
On Tuesday, Renault reported a 1.8% increase in first-quarter revenue, driven by higher sales from its financing arm due to rising interest rates, and a 2.6% increase in car sales volumes compared to the previous year.
PARIS (Reuters) -Shares in L\’Oreal rose more than 4% in early Friday trading after the French cosmetics giant beat expectations with a strong rise in first quarter sales on Thursday evening, allaying concerns about a slowdown in the United States.
Investing.com — CSX reaffirmed its full-year outlook on Wednesday after first-quarter results topped analysts\’ estimates even as the railroad company experienced a drop in profit amid lower margins.
Las Vegas Sands Corp. (NYSE:LVS) reported first-quarter earnings and revenue that topped analyst expectations.
Investing.com – Taiwan Semiconductor (NYSE: TSM) reported first quarter EPS of $1.34, $0.04 better than the analyst estimate of $1.30. Revenue for the quarter came in at $18.24B versus the consensus estimate of $18.28B.
Investing.com – J&J (NYSE: JNJ) reported first quarter EPS of $2.71, $0.07 better than the analyst estimate of $2.64. Revenue for the quarter came in at $21.38B versus the consensus estimate of $21.4B.
Investing.com – Bank of NY Mellon (NYSE: BK) reported first quarter EPS of $1.29, $0.10 better than the analyst estimate of $1.19. Revenue for the quarter came in at $4.53B versus the consensus estimate of $4.38B.
Investing.com – PNC Financial (NYSE: PNC) reported first quarter EPS of $3.36, $0.34 better than the analyst estimate of $3.02. Revenue for the quarter came in at $5.15B versus the consensus estimate of $5.19B.
Investing.com – Bank of America (NYSE: BAC) reported first quarter EPS of $0.83, $0.07 better than the analyst estimate of $0.76. Revenue for the quarter came in at $25.8B versus the consensus estimate of $25.49B.
Investing.com – Morgan Stanley (NYSE: MS) reported first quarter EPS of $2.02, $0.35 better than the analyst estimate of $1.67. Revenue for the quarter came in at $15.1B versus the consensus estimate of $14.42B.
NEW YORK – Bank of New York Mellon (NYSE: NYSE:BK) delivered a positive surprise in its first quarter 2024 results, posting earnings and revenue that surpassed analyst expectations.