Stay updated with the latest business news, market trends, expert insights, and industry updates to help you stay ahead in the competitive world of business.
LATAM Airlines comments on its largest rivals' planned merger in Brazil and expresses trust in antitrust watchdog CADE.
Published on: January 31, 2025, 01:00 PM UTC
Aon PLC beats earnings estimates in Q4, revenue misses
Published on: January 31, 2025, 12:06 PM UTC
Revvity (RVTY) surpasses Wall Street earnings expectations in Q4 with a net income of $94.6 million ($1.42 adjusted) on revenue of $729.4 million. Despite falling short of revenue forecasts, the company remains optimistic with projected full-year earnings in the range of $4.90 to $5 per share and revenue between $2.8 billion and $2.85 billion.
Published on: January 31, 2025, 12:06 PM UTC
ArcBest Corp. reported fourth-quarter earnings of $29 million, exceeding Wall Street expectations. Revenue was $1 billion, also beating forecasts. For the year, the company reported profit of $174 million and revenue of $4.18 billion. ArcBest shares have increased slightly more than 1% since the beginning of the year.
Published on: January 31, 2025, 12:05 PM UTC
Exxon Mobil reports Q4 net income of $7.61 billion, beating estimates but missing on revenue. Earnings per share came in at $1.72, or $1.67 excluding one-time items.
Published on: January 31, 2025, 12:05 PM UTC
OneMain Holdings Inc. (OMF) reported Q4 earnings of $126M ($1.05/share) and revenue of $1.32B ($1.01B adjusted). Adjusted EPS of $1.16 beat Wall Street expectations of $1.12; adj. revenue beat $994.4M estimates. Zacks Investment Research offers a stock report for OMF.
Published on: January 31, 2025, 12:05 PM UTC
LyondellBasell Industries (LYB) reported a Q4 loss of $603 million, meeting Wall Street's expectations. Adjusted earnings were 75 cents per share, revenue was $9.5 billion, also above estimates. For the year, the company reported a profit of $1.37 billion, revenue of $40.3 billion.
Published on: January 31, 2025, 12:05 PM UTC
Eaton Corp. PLC (ETN) reported Q4 EPS of $2.83, $0.02 above the Zacks Consensus Estimate. Revenue missed at $6.24 billion.
Published on: January 31, 2025, 12:05 PM UTC
Chevron plans to increase its US Permian Basin oil production by 9%-10% in 2025, despite capital spending cuts in the region.
Published on: January 31, 2025, 12:04 PM UTC
Russian President Putin approves Goldman Sachs unit sale to Balchug Capital, tightening restrictions on foreign asset sales since the start of the conflict in Ukraine.
Published on: January 31, 2025, 12:04 PM UTC