Earnings live: Intel stock drops, Capital One stock falls on Brex acquisition

Capital One (COF) banal slid successful extended trading hours aft the fiscal institution announced it entered into a definitive statement to get fintech institution Brex Inc. for $5.15 cardinal successful 50% currency and 50% stock.

Brex provides concern recognition cards, spending accounts, and disbursal absorption software. The acquisition is Capital One's latest enlargement into fintech aft it bought Discover for $35 cardinal past year.

News of the woody came arsenic Capital One reported 4th fourth net that bushed expectations. The Virginia-based institution reported net per stock of $3.26 per share, beating estimates of $3.23, according to S&P Global Market Intelligence.

Total nett gross accrued 1% twelvemonth implicit twelvemonth to $15.6 billion, besides coming successful supra estimates for $15.4 cardinal successful revenue.

“Our 4th fourth and afloat twelvemonth results bespeak coagulated apical enactment maturation and beardown and unchangeable recognition performance" CEO Richard D. Fairbank said successful a statement. "Years of strategical mentation and our choices to consistently put to prolong semipermanent maturation and returns alteration our results and enactment america successful a beardown presumption going forward. I’m struck by the fig and prime of the opportunities we person earlier us.”

Listen to the net telephone unrecorded present astatine 5 p.m. ET.

Booz Allen Hamilton Holding Corporation (BAH) said its declaration pipeline was accelerating again aft a twelvemonth of authorities cost-cutting efforts from the Department of Government Efficiency (DOGE) pressured the defence consultancy's business.

"Our nationalist information concern continues to spot bully maturation and precise bully prospects, but I deliberation what's truly breathtaking to america is our civilian concern is starting to reignite," CEO Horacio Rozanski said connected the net call, adding, "The marketplace does consciousness similar it's astatine an inflection point."

The company's income backlog roseate 2% twelvemonth implicit twelvemonth to $38 cardinal successful the 3rd quarter.

Overall gross successful the 3rd 4th declined 10% twelvemonth implicit twelvemonth to $2.6 billion, missing Wall Street estimates of $2.7 billion, according to S&P Global Market Intelligence. But adjusted profits roseate to $1.77 per share, beating analysts' estimates of $1.27.

The banal jumped by 6% successful premarket trading connected Friday connected Booz Allen Hamilton's upbeat net guidance.

The institution somewhat lowered the apical extremity of its full-year gross guidance to a scope of $11.3 billion-$11.4 cardinal from $11.3 billion-$11.5 cardinal previously. But it raised its adjusted diluted net per stock guidance to $5.95-$6.15 from $5.45-$5.65 previously.

Aluminum shaper Alcoa (AA) banal gained successful after-hours trading pursuing top- and bottom-line beats, arsenic higher aluminum prices boosted results contempt little shipments.

Alcoa posted adjusted net per stock of $1.26 for the 4th quarter, supra estimates for $1.01, according to S&P Global Market Intelligence. Unadjusted net of $0.85 per stock missed estimates, which the institution attributed to an $337 cardinal concern nonaccomplishment from its Saudi Arabian mining institution Ma’aden, $144 cardinal goodwill impairment charge, and currency fluctuations.

Revenue accrued 15% twelvemonth implicit twelvemonth to $3.4 billion, supra estimates of $3.27 billion. The institution said its aluminum accumulation accrued 5% portion alumina accumulation decreased 4% twelvemonth implicit year. The summation successful aluminum prices, much than offset the higher tariff costs connected Canadian aluminum imported to the US, the institution said.

Alcoa banal roseate 1.6% connected Thursday day and is up 18% twelvemonth to date.

Freeport McMoran (FCX) bushed adjusted net and gross estimates for the 4th quarter, but reported little accumulation of the copper, gold, and molybdenum it mines. The banal fell fractionally successful midday trading connected Thursday.

Freeport McMoran said it produced 640 cardinal pounds of copper, 65,000 ounces of gold, and 25 cardinal pounds of molybdenum successful the 4th quarter, down from the 1.04 cardinal pounds of copper, 432,000 ounces of gold, and 22 cardinal pounds of molybdenum it produced successful the aforesaid 4th a twelvemonth ago.

Copper accumulation was severely deed aft a deadly mudslide successful September took retired the company's Grasberg copper excavation successful Indonesia, the world's second-largest copper mine. On the net call, CEO Kathleen Quirk said the closure impacted copper volumes by 10% for the twelvemonth compared to its forecasts going into 2025.

Quirk said the institution is connected way to resume operations astatine the Grasberg excavation successful the 2nd 4th of 2026, and Freeport McMoRan COO of the Indonesia concern Mark Johnson added that helium doesn't spot "any existent hurdles astatine this constituent to beryllium capable to commencement up arsenic we planned."

For the 4th quarter, the institution posted adjusted net of $0.47 connected gross of $5.6 billion. Wall Street analysts were looking for adjusted net of $0.32 connected gross of $5.3 billion.

A rally successful copper and golden prices past twelvemonth helped boost the miner's results, though that roar is wide expected to dilatory oregon adjacent backtrack successful 2026.

"Global inventories of copper connected exchanges person risen successful caller months, during a play of crisp increases successful copper prices," Quirk said connected the net call. "Most analysts are projecting that the marketplace volition beryllium tightly balanced during 2026 with immoderate projecting deficits and different tiny surpluses."

McCormick & Co. (MKC) shares dropped aft the institution posted mixed fiscal 4th fourth results and a softer outlook.

The nutrient institution reported adjusted net of $0.86 connected gross of $1.85 billion. The Street forecast adjusted net of $0.88, alongside gross of $1.84 billion, according to Bloomberg statement data.

Volume maturation was softer too, up 0.2% compared to expectations of a 0.9% increase. In its full user segment, which includes items specified arsenic spices, herbs, look mixes, and condiments, income accrued by 3.9% for the quarter.

Barclays expert Andrew Lazar said successful a enactment to clients that "the continued top-line spot for the halfway user conception is inactive a cardinal differentiator."

For fiscal twelvemonth 2026, McCormick expects adjusted net to beryllium successful a scope of $3.05 to $3.13, little than the $3.23 Wall Street was looking for.

CEO Brendan Foley outlined what was down the cautious outlook, saying successful a telephone with investors: "The situation crossed our cardinal markets is marked by volatility and continued unit from inflation, geopolitical and commercialized uncertainty, and menace of rising unemployment, and wide user assurance remains low."

"Consumers, particularly low- to middle-income households, proceed to marque much predominant trips to the store portion purchasing less units per trip, a inclination that was evident astatine the commencement of the twelvemonth and accelerated done the 4th quarter," Foley added.

Yahoo Finance's Brian Sozzi spoke to Procter & Gamble CFO Andre Schulten astir the company's mixed quarterly results arsenic consumers traded down to cheaper backstage statement options.

"We are seeing income maturation successful our categories successful the US and Europe, albeit astatine a slower pace," Schulten told Yahoo Finance.

"The user is choosing to beryllium a small spot much diligent successful presumption of utilizing pantry inventory, possibly dosing the merchandise a small spot much carefully, possibly making choices successful presumption of however often they use," Schulten said. "None of this is untypical. None of this volition sustain. So we firmly judge the class implicit clip volition instrumentality to 3 to 4% growth."

The Street has braced for softer results from P&G, with the banal down astir 6% successful the past six months.

"The K-shaped system powers trade-down successful basics but trade-up wrong the much discretionary Beauty sub-sector," said Evercore expert Robert Ottenstein connected the headwinds user products companies are presently experiencing.

Read much astir P&G results here.

Procter & Gamble (PG) banal dipped pursuing the user packaged goods company's fiscal 2nd 4th results and softer net per stock outlook.

The Tide laundry detergent shaper reported adjusted net per stock of $1.88 connected gross of $22.2 billion. Wall Street analysts were expecting adjusted net of $1.86 connected gross of $22.2 billion, according to S&P Global Market Intelligence.

Net income grew 1% twelvemonth implicit year, with 5% income maturation successful the quality and wellness attraction segments, 2% maturation successful grooming products, 1% maturation successful cloth and location care, and a 3% diminution successful income maturation for baby, feminine, and household care.

P&G's caller CEO, Shailesh Jejurikar, who began astatine the commencement of the year, stated, "We person assurance successful our plans to present stronger results successful the second-half of the fiscal year. We stay committed to our integrated maturation strategy and are excited by the accidental up to reinvent P&G and make the CPG institution of the future, delivering semipermanent balanced top- and bottom-line maturation and worth creation."

The institution dialed down its full-year outlook for net per stock maturation to a scope of 1% to 6% maturation from its erstwhile guidance of 3% to 9% arsenic it faces charges from restructuring.

GE Aerospace (GE) reported better-than-expected net connected Thursday arsenic orders for commercialized pitchy engines and defence technologies surged successful the past 3 months of the year.

Fourth 4th gross of $12.7 cardinal roseate 18% twelvemonth implicit twelvemonth and bushed Wall Street estimates of $11.1 billion, according to S&P Global Market Intelligence. Adjusted net per stock of $1.57 besides topped estimates of $1.43.

The banal wavered successful premarket trading, however.

For the afloat year, GE expects profits successful the scope of $7.10-$7.40 per stock and adjusted gross maturation successful the debased treble digits, successful enactment with estimates.

Abbott (ABT) banal fell 5% earlier the doorbell connected Thursday aft missing Wall Street estimates for quarterly ​revenue, deed by ‌weakness successful its diagnostic and nutrition business.

Reuters reports:

Read much here.

Yahoo Finance's Daniel Howley previews what to expect for Big Tech earnings, which are close astir the corner:

Read much here.

Charles Schwab (SCHW) banal roseate implicit 1.7% connected Wednesday aft the brokerage and plus manager posted 22% yearly gross growth, supported by grounds trading volumes, but missed the precocious expectations acceptable by Wall Street.

Fourth 4th net per stock of $1.33 fell abbreviated of expert estimates of $1.35 per share, according to S&P Global Market Intelligence. Revenue of $6.33 cardinal besides came up abbreviated of expectations for $6.39 billion.

"While we had anticipated immoderate moderation successful lawsuit trading enactment towards the backmost extremity of the year, we alternatively saw an acceleration successful activity, which contributed to higher volume-related costs, inclusive of performance-based compensation," Charles Schwab CFO Michael Verdeschi said connected the net call.

Net involvement gross grew 25% twelvemonth implicit twelvemonth to 3.1 billion. Asset absorption gross accrued 14% to $1.7 billion. And gross from trading surged 22% to $1 billion.

Schwab brought successful grounds lawsuit assets during the quarter, the institution said, arsenic full lawsuit accounts grew 6% year-over-year to 46.5 million.

The latest 4th from Netflix (NFLX) near Wall Street wanting more, Yahoo Finance's Brian Sozzi writes.

Read much here.

Oil services supplier Halliburton (HAL) posted better-than-expected net and gross for the 4th quarter, sending its shares up 2%.

The Houston-based institution reported profits of $0.70 per diluted share, beating Wall Street estimates of $0.55 per share, according to S&P Global Market Intelligence. Profits were level from a twelvemonth ago, erstwhile the institution besides posted net of $0.70 per share.

Revenue of $5.7 cardinal besides came successful stronger than the $5.4 cardinal estimated. It was besides higher than the $5.6 cardinal successful gross reported a twelvemonth ago.

Halliburton's gross successful its Completion and Production conception was astir unchanged from a twelvemonth agone astatine $3.3 billion, portion gross successful the Drilling and Evaluation portion was $2.4 billion, besides flat.

While the lipid majors person shown reluctance successful exploring Venezuelan lipid pursuing the US's removal of Nicolás Maduro (ExxonMobil's (XOM) CEO called it "uninvestable"), lipid infrastructure companies similar Halliburton person shown much eagerness to revisit the country.

Reuters reported connected Tuesday that the institution has started looking astatine resumes for roles successful the country, successful a motion that Halliburton whitethorn beryllium acceptable to reenter Venezuela.

Interactive Brokers (IBKR) banal dipped successful extended trading aft beating expectations for the 4th quarter.

The online broker reported better-than-expected net per stock of $0.63, compared to Wall Street estimates of $0.58 per share, arsenic compiled by S&P Global Market Intelligence. Revenue roseate to $1.64 billion, versus estimates of $1.63 billion.

Interactive Brokers benefited from a surge successful trading enactment during the last 4th of the year. The institution reported that lawsuit trading measurement successful options, futures, and stocks accrued by 27%, 22%, and 16%, respectively, twelvemonth implicit year.

The banal has started the twelvemonth disconnected strong, with an 11% summation since the opening of 2026.

Listen to the net telephone here.

Netflix (NFLX) banal dropped much than 4% successful after-hours trading arsenic the company's 4th fourth net were intimately scrutinized amid Netflix's bid to acquisition Warner Bros. Discovery (WBD).

The creator of "Squid Game" and different fashionable shows said it would ramp up caller contented successful the twelvemonth up and intermission its stock repurchase program, fixed the M&A woody with Warner Bros. Discovery.

Netflix posted diluted net per stock of $0.56, coming successful up of Wall Street's forecasts of $0.55 per share. Revenue of $12 cardinal besides bushed estimates of $11.96 billion, according to Bloomberg data.

The company's operating borderline declined somewhat to 24.5% from 28.2% past 4th but accrued from Q4 2024. For the existent quarter, Netflix guided for an operating borderline of 32.1%, which was a spot lighter than the Street expected.

Yahoo Finance's Brooke DiPalma reports:

Read the afloat breakdown of Netflix net here.

Yahoo Finance's Pras Subramanian reports:

Read much astir United net here.