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Florida banks increase lending, profits in Q3 - South Florida Business Journal

Florida banks had combined net income of $522 million in the third quarter – a slight increase from net income of $499 million in the second quarter, when there were 121 banks based in the state. Mergers and acquisitions have steadily reduced the the ...

Foot Locker collaboration with Nike pays off, stock soars - New York Business Journal

Net income for Foot Locker's third quarter was $130 million, or $1.14 per share, compared to net income of $102 million, or $0.81 per share in the same period of fiscal 2017. "Our accelerating comparable sales and improving bottom line reflect the ...

Deere & Co (DE) Q4 2018 Earnings Conference Call Transcript - Motley Fool

For the full year, net sales and revenues were up 26% to $37.358 billion, while net sales for equipment operations were up 29% to $33.351 billion. Net income attributable to Deere & Company was $2.368 billion or $7.24 per diluted share. The results for ...

DE Earnings: Deere Stock Rises Despite Weaker-Than-Expected Q4 Earnings - Investorplace.com

However, it was well below Wall Street's earnings per share estimate of $2.45 for the quarter, but couldn't keep DE stock down. Deere also reported net income of $748.80 million for its fiscal fourth quarter of the year. This is better than the company ...

Patriot Transportation: Fiscal 4Q Earnings Snapshot - U.S. News & World Report

JACKSONVILLE, Fla. (AP) _ Patriot Transportation Holding Inc. (PATI) on Wednesday reported fiscal fourth-quarter profit of $629,000. On a per-share basis, the Jacksonville, Florida-based company said it had net income of 19 cents. Earnings, adjusted ...

Qudian Inc. (QD) Q3 2018 Earnings Conference Call Transcript - Motley Fool

After excluding a non-recurring foreign exchange loss of RMB52.8 million, we would have recorded a non-GAAP net income of RMB747.1 million this quarter, a new record for Qudian. Our loan book grew steadily by 17.7% year over year to RMB15.3 billion, ...

BJ's Wholesale's stock surges after upbeat earnings report, 'aggressive' actions to mitigate rate risks - MarketWatch

The company reported late Tuesday net income for the quarter to Nov. 3 that rose to $54.4 million, or 39 cents a share, from $22.8 million, or 25 cents a share. Excluding non-recurring items, adjusted earnings per share came to 39 cents, beating ...

BZUN: Baozun Stock Soars on Q3 Earnings Beat - Investorplace.com

It was also a boon to Baozun stock by beating out Wall Street's earnings per share estimate of 11 cents for the quarter. Net income reported by Baozun for the third quarter of 2018 came in at $4.28 million. This is better than the company's net income ...

FDIC-insured institutions post aggregate 29% earnings jump - Springfield Business Journal

"Improvement in net income was led by higher net operating revenue and a lower effective tax rate,” FDIC Chairwoman Jelena McWilliams said in the release. "While the performance results were strong, the extended period of low interest rates and the ...

Why Is Intel Up And Semiconductors Down? - Seeking Alpha

Intel third quarter revenue was up 19% and net income was up 42%. The semiconductor industry forecasts are for sales declines in the first quarter of 2019. Competitor AMD had a poor quarter. The market's concern about the industry has led to a very ...

Daktronics Inc (DAKT) Q2 2019 Earnings Conference Call Transcript - Motley Fool

The fluctuation in free cash flow is the result of timing differences in operating assets and liabilities corresponding with the seasonality of our business, offset by a decrease in net income this quarter as compared and with the $12.1 million used ...

Baozun Inc. (BZUN) Q3 2018 Earnings Conference Call Transcript - Motley Fool

Basic and diluted net income attributable to ordinary shareholders of Baozun per ADS were ¥0.52 and ¥0.50, respectively, compared to ¥0.40 and ¥0.37 respectively during the same period of last year. Non-GAAP net income attributable to ordinary ...

Medicure Inc. (MCUJF) CEO Albert Friesen on Q3 2018 Results - Earnings Call Transcript - Seeking Alpha

In summary, there was a net loss for the three months ended September 30, 2018, of $545,000 or $0.03 per share compared to $4.3 million or $0.28 per share, including net income from continuing operations of $1.6 million or $0.10 per share and a net ...

Best's Special Report: Preliminary Nine-Month 2018 Results Show Sharp Turnaround in Underwriting Income for US ... - Associated Press (press release) (blog)

OLDWICK, N.J.--(BUSINESS WIRE)--Nov 21, 2018--The U.S. property/casualty (P/C) industry's net underwriting income improved in the first nine months of 2018 to $3.5 billion, compared with a $21.2 billion underwriting loss in the same prior-year period.

Consumer optimism withstands midterm elections - University of Michigan News

Just over half of all consumers reported that their finances had recently improved, with 23 percent mentioning net income gains in November, up from 18 percent last November. Net income increases were sharply reduced among consumers with incomes in ...

Why Is Zions (ZION) Up 0.4% Since Last Earnings Report? - Nasdaq

Results, to a great extent, benefited from improvement in net interest income, provision benefit and stable operating expenses. Also, the quarter witnessed a strong balance sheet position. However, higher adjusted non-interest expenses and decline in ...

Why Is Sallie Mae (SLM) Down 4.1% Since Last Earnings Report? - Nasdaq

Sallie Mae reported third-quarter 2018 core earnings of 23 cents per share, in line with the Zacks Consensus Estimate. Moreover, the figure surged 35% from the prior-year quarter. Increase in net interest income, aided by rising rates, was a tailwind.

Why Is TCF (TCF) Up 4% Since Last Earnings Report? - Nasdaq

Net interest income was up nearly 6.4% year over year to $249.1 million. This rise was mainly attributable to increased interest income on loans and leases held for investment, along with and debt securities available for sale, partially mitigated by ...

Deere sees 4Q earnings increase of 54 percent - Waterloo Cedar Falls Courier

Moline, Ill.-based Deere & Company reported net income of $784.8 million for the fourth quarter ended October 28, 2018, or $2.42 per share, compared with net income of $510.3 million, or $1.57 per share, for the quarter ended October 29, 2017. For ...

Foot Locker Puts Running Shoes on After Earnings Figures - Baystreet.ca

Foot Locker, Inc. (NYSE:FL) sprang forward Wednesday after the company reported stronger-than-expected earnings for its third quarter on Tuesday. The New York-based specialty athletic retailer, reported net income of $130 million, or $1.14 per share, ...

In business, net income is an entity's income minus cost of goods sold, expenses and taxes for an accounting period. It is computed as the residual of all revenues and gains over all expenses and losses for the period, and has also been defined as the net increase in shareholders' equity that results from a company's operations. In the context of the presentation of financial statements, the IFRS Foundation defines net income as synonymous with profit and loss.

In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period. It is computed as the residual of all revenues and gains over all expenses and losses for the period, and has also been defined as the net increase in shareholders' equity that results from a company's operations. In the context of the presentation of financial statements, the IFRS Foundation defines net income as synonymous with profit and loss.

Net income is a distinct accounting concept from profit. Net income can also be calculated by adding a company's operating income to non-operating income and then subtracting off taxes.