10 Second Morning Earnings Recap

Morning Review

The big winner from the morning earnings session was BlackRock (BLK) which reported an impressive earnings beat and a 10% increase to its assets under management (AUM).

Bank of America (BAC) topped the Estimize community’s expectations by losing less money than expected. Revenue came in-line with the forecast. 

The Schwab (SCHW) matched profit expectations and exceeded on revenues, making it a pretty solid morning for the financials overall.

Safeway (SWY) gave the most disappointing profit figure of the morning, missing the Estimize consensus on the bottom line by 8 cents per share while beating slightly on sales.

More Action After the Bell

There are 2 exciting reports after the bell today to look forward to. Analysts on Estimize are predicting a huge beat from Netflix (NFLX) and eBay will report as well, shedding light on the state of PayPal and mobile payments ahead of the launch of Apple Pay (AAPL) this weekend.

Other notable reports after the close include American Express (AXP) and the Las Vegas Sands Corp. (LVS).  Follow all the action on our earnings calendar.

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.