Post Tagged with: "beats estimates"

Source: CNBC

Oil giant Saudi Aramco beats estimates with 30% hike in first-quarter profit


Oil giant Saudi Aramco reported a 30% jump in net income Tuesday, in a sign of a continued recovery from the previous year’s oil market crash that saw full-year earnings for the state firm slashed in half.

In a

Source: Reuters

Morgan Stanley beats estimates on better-than-expected Wall Street and wealth management results


Morgan Stanley on Wednesday posted fourth-quarter profit and revenue that exceeded analysts’ expectations on strong trading, investment banking and wealth management results.

The firm reported a 51% increase in profit to $3.39 billion, or $1.81 per share. When excluding …

January 20, 2021 - 3:30 pm Closing Bell Story‎, Finance