Breaking News
BlackRock   Netflix   GE Aerospace   TSMC   Bank of America    Morgan Stanley     Goldman Sachs Group   JPMorgan Chase  
  • ALL
    • Breaking News
    Feb 22, 2023
    • Toll Brothers said home sales in the fiscal first quarter ending in January increased 4% to $1.7 billion.  In the quarter, the company delivered 1,826 homes, 5% fewer homes than in the previous year.

      Net income increased to $191.5 million from $151.9 million and diluted earnings per share rose to $1.70 from $1.24 a year ago. 
      • ACV Auctions said revenue in the fourth quarter declined 2% to $98 million and net loss shrank to $24.5 million from $26.3 million a year ago. Vehicles sold on auction marketplace declined 10% to 124,751 units and gross merchandise volume fell 29% to $1.8 billion. 

        In 2022, revenue increased to $421.5 million from $358.4million and net loss expanded to $102.2 million from $78.2 million and diluted loss per share rose to 65 cents from 62 cents a year ago. Vehicles sold on auction platform fell 3% to 546,088 units but gross merchandise volume increased 14% to $9 billion.  
        • Feb 21, 2023
        • Copart said revenue in the fiscal second quarter ending in January increased 10.9% to $956.7 million and net income rose to 2.2% to $23.2 million compared to $287.4 million a year ago. Diluted earnings per share increased to 62 cents from 61 cents a year ago.    
          • Expeditors International said revenue in the fourth quarter fell 36% to $3.6 billion and net income dropped 52% to $219 million from $452.8 million in the previous year. Diluted earnings per share declined 48% to $1.38 compared to $2.69 in the previous year. 
            • Home Depot Inc said revenue in the fiscal fourth quarter ending in January increased 0.3% to $35.8 billion from the previous year. Comparable sales for the fourth quarter fell 0.3% and comparable sales in the U.S. decreased 0.3%.

              Net earnings for the fourth quarter were $3.4 billion or $3.30 per diluted share compared with net earnings of $3.4 billion or $3.21 per diluted share a year ago. 
              • Walmart Inc said total revenues in the fourth quarter rose 7.9% to $164 billion and comparable sales in the U.S. rose 8.3% from the previous year and 13.9% from two-years ago.

                Consolidated net income soared 76% to $6.3 billion from $3.6 billion and diluted earnings per share rose to $2.32 from $1.28 in the previous year. 
                • Feb 17, 2023
                • AutoNation said fourth quarter revenue decreased 2% to $6.7 billion and net income declined 26% to $286.4 million from $387.1 million and diluted earnings per share declined to $5.72 from $5.87 a year ago. 

                  In the quarter, new vehicle unit sales increased 4% to 60,074 and used vehicle sales declined 9% to 67,608.
                  • Deere & Company said revenue in the fiscal first quarter ending in January increased 32% to $12.6 billion and net income jumped 117% to $1.95 billion from $903 million and diluted earnings per share rose to $6.55 from $2.92 a year ago.
                    • DoorDash said revenue in the fourth quarter increased 38% to $1.8 billion and net loss expanded to $659 million from $157 million and diluted loss per share increased to $1.65 from 45 cents a year ago. In 2022, revenue increased 34.6% $6.6 billion from $4.9 billion and net loss increased to $1.4 billion from $468 million or $3.68 from $1.39 a share.
                      • BJ's Restaurants said fourth quarter revenue increased to $344 million and the company swung to a net income of $3.9 million from a loss of $4.7 million and diluted earnings per share was (17 cents) compared to 20 cents a year ago. 

                        In 2022, revenue increased to $1.3 billion and net income increased to $4.1 million from a loss of $3.6 million or 17 cents compared to (16 cents) a share.