Bank of America (NYSE:BAC) reported Q1 earnings Tuesday of $0.94 per diluted share, up from $0.80 per share a year ago. Analysts polled by Capital IQ forecast EPS of $0.83. Total revenue, net of interest expense, was $26.26 billion for the quarter, up from $23.23 billion a year ago. Analysts polled by Capital IQ expected $25.28 billion, if comparable.
Bank of America (NYSE:BAC) Q1 Profit, Revenue Advance Read Post »
Goldman Sachs (NYSE:GS) reported Q1 2023 earnings of $8.79 per diluted share, down from $10.76 a year earlier. Analysts polled by Capital IQ expected $8.10. Total net revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest revenues, was $12.22 billion, down from $12.93 billion a year earlier. Analysts surveyed by Capital IQ expected $12.66 billion. During the quarter, the firm returned $3.41 billion of capital to common shareholders, including $2.55 billion of common share repurchases (7.1 million shares at an average cost of $359.77) and $868 million of common stock dividends.
Goldman Sachs (NYSE:GS) Q1 2023 Earnings, Revenue Decrease Read Post »
Barclays analyst Tracy Benguigui maintains Progressive (NYSE:PGR) with a Underweight and lowers the price target from $121 to $118.
Barclays lowered Progressive (NYSE:PGR) price target to $118 Read Post »
Barclays analyst Benjamin Budish maintains Charles Schwab (NYSE:SCHW) with a Equal-Weight and lowers the price target from $61 to $56.
Barclays lowered Charles Schwab (NYSE:SCHW) price target to $56 Read Post »
Raymond James analyst David Long maintains Wells Fargo (NYSE:WFC) with a Strong Buy and maintains $47 price target.
Raymond James maintained Wells Fargo (NYSE:WFC) $47 price target Read Post »
Oppenheimer analyst Chris Kotowski maintains Apollo Global Management (NYSE:APO) with a Outperform and raises the price target from $73 to $79.
Oppenheimer raised Apollo Global Management (NYSE:APO) price target to $79 Read Post »
Credit Suisse analyst Bill Katz maintains BlackRock (NYSE:BLK) with a Neutral and lowers the price target from $675 to $662.
Credit Suisse lowered BlackRock (NYSE:BLK) price target to $662 Read Post »
Oppenheimer analyst Chris Kotowski upgrades Blackstone (NYSE:BX) from Perform to Outperform and announces $111 price target.
Oppenheimer announced Blackstone (NYSE:BX) $111 price target Read Post »
UBS analyst Brennan Hawken upgrades Goldman Sachs Gr (NYSE:GS) from Neutral to Buy.
UBS upgrades Goldman Sachs Gr (NYSE:GS) from Neutral to Buy Read Post »
Morgan Stanley analyst Ryan Kenny upgrades Evercore (NYSE:EVR) from Equal-Weight to Overweight and raises the price target from $102 to $131.
Morgan Stanley raised Evercore (NYSE:EVR) price target to $131 Read Post »
Morgan Stanley analyst Ryan Kenny downgrades Jefferies Financial Gr (NYSE:JEF) from Equal-Weight to Underweight and lowers the price target from $28 to $27.
Morgan Stanley lowered Jefferies Financial Gr (NYSE:JEF) price target to $27 Read Post »
Morgan Stanley analyst Mike Cyprys maintains CME Gr (NASDAQ:CME) with a Equal-Weight and raises the price target from $201 to $208.
Morgan Stanley raised CME Gr (NASDAQ:CME) price target to $208 Read Post »