Category: Company Reports

BP Reports Sharply Lower Earnings as Oil Prices Slide

The energy company offset a slide in profit by raising its dividend by 10 percent.
Uber Posts 14% Rise in Revenue as Growth Slows

The company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.
Exxon Reports Leaner Earnings in Second Quarter

The company’s record profit a year earlier was driven by a surge in oil prices after Russia’s invasion of Ukraine.
Wall St. Pessimists Are Getting Used to Being Wrong

The S&P 500 is up about 20 percent this year, but some still warn that the future may not be as rosy as that implies.
Ford’s Profit Jumped in Second Quarter

The automaker made more money on trucks and sport utility vehicles but reported bigger losses on electric vehicles.
Volkswagen Seeks to Regain Edge in China as It Cuts Delivery Forecast

The German automaker lowered its outlook for deliveries and announced changes to its China strategy as it struggles to regain ground lost to other automakers.
Shell Reports Sharply Lower Earnings as Energy Prices Ease

After a record-breaking profit last year, Shell’s quarterly earnings fell 56 percent. But the energy provider will increase dividend payments.
Companies Keep Raising Food Prices, Affecting Fed’s Efforts to Tame Inflation

Coca-Cola, PepsiCo and Unilever have each reported raising prices significantly in the second quarter, complicating the Federal Reserve’s efforts to tame inflation.
Microsoft Revenue Up 8% to $56.2 Billion in Latest Quarter

The company’s profit topped $20 billion as it pointed to strong interest in its artificial intelligence products.
Snap’s Sales Fall for the Second Time in a Row

The parent of Snapchat has grappled with an ad slump and the challenges of being a smaller social media company in an intensely competitive environment.
Slow Battery Production Crimps G.M.’s Electric Vehicle Rollout

The company is earning big profits on gasoline cars and trucks but is struggling to catch up to Tesla in the fastest-growing segment of the auto market.
Airlines Are Thriving as People Keep Traveling

Three large U.S. airlines have reported strong quarterly sales and profits in recent days because of strong demand, high fares and relatively low fuel prices.