Breaking News
Feb 1, 2023
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Electronic Arts declared a quarterly cash dividend of 19 cents per common share or $52 million payable on March 22 to shareholders of record on March 1.
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Electronic Arts said revenue in the December quarter increased 5.5% to $1.9 billion and net income soared to $204 million from $66 million and diluted EPS rose to 73 cents from 23 cents a year ago.
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Brinker said revenue in the December quarter rose 10% to $1.0 billion and net income edged up to $27.9 million from $27.6 million and diluted EPS rose to 62 cents from 60 cents a year ago.
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The Federal Reserve lifted its key lending rate range by 25 basis points to 4.25% to 4.50% and held out for more rate hikes to bring down inflation to 2%, matching the market expectations.
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FedEx announced its plan to cut its officers and director staff by more than 10% and consolidate some teams and functions.
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McDonald's said fourth quarter sales declined 1% to $5.9 billion and net income increased 16% to $1.6 billion and diluted earnings per share rose to $2.59 from $2.18 a year ago.
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General Motors said fourth quarter sales increased 28.4% to $43.1 billion and net income increased 14.8% to $1.99 billion and diluted earnings per share rose to $1.39 from $1.16 a year ago.
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Caterpillar said fourth quarter revenue increased 20% to $16.6 billion and net income in the quarter declined to $1.45 billion and diluted earnings per share fell to $2.79 from $3.91 a year ago.
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UPS said fourth quarter revenue increased 2.7% to $27 billion and net income increased 11.6% to $3.45 billion and diluted earnings per share rose to $3.96 from $3.52 a year ago.
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Exxon Mobil said fourth quarter 2022 revenue increased 12.3% to $95.4 billion and net income surged 45% to $12.8 billion and diluted earnings per share increased to $3.09 from $2.08 a year ago.
Jan 31, 2023