Live Earnings Updates: Domino’s Pizza Stock Falls Amid Difficult Consumer Market Conditions

Citi (C) stock rose slightly after the bank beat profit expectations as fixed-income trading held up better than expected.

The bank reported revenue of $23.8 billion, beating analysts’ estimates of $23.7 billion, according to S&P Global Market Intelligence. Earnings per share of $2.85 also beat expectations of $2.65 per share.

Citi’s business unit said its revenue rose 6% year-over-year to $6.1 billion, driven by growth in equity and fixed-income revenue, which rose 14% and 4% year-over-year, respectively. Fixed income trading generated revenue of $4.4 billion, while equity trading brought in $1.7 billion.

“Our performance during the quarter, which includes the best third quarter revenue in a decade, positive operating leverage and a significant improvement in our returns, reflects the disciplined and consistent execution of our strategy,” Citi CEO Jane Fraser said in the earnings release.

Shares of Johnson & Johnson (JNJ) fell in premarket trading as investors focused on the company’s weaker-than-expected medical device sales despite raising its full-year guidance.

Here’s what J&J reported in the third quarter and its guidance, versus estimates:

• Third quarter adjusted earnings per share: $2.59, above estimates of $2.53

• 3rd quarter turnover: $25.4 billion, above estimates of $25.38 billion

• Earnings per share objective for the year 2026: increased to $11.05 – $11.15, with a midpoint slightly above estimates of $11.08.

J&J’s pharmaceutical business shined during the quarter, offsetting weakness in its medical device business. Here is a breakdown of J&J’s business units:

UnitedHealth Group (UNH) stock rose 2% in premarket trading after the company raised its 2026 earnings forecast and said it improved margins at its Optum clinical care unit.

Reuters reports:

On an adjusted basis, UnitedHealth earned $4.69 per share in the third quarter, up from $2.92 a year earlier, compared with analysts’ average estimate of $4.14, according to data compiled by LSEG.

UnitedHealth now expects adjusted earnings per share of at least $20.50 for 2026, up from a previous forecast of at least $19.50 to $20.

Analysts had expected UnitedHealth, which operates one of the largest U.S. health insurance companies, clinical care businesses, pharmacy services and a pharmacy benefits manager, to post earnings of $19.86 per share for 2026, according to data compiled by LSEG.

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Bloomberg reports:

Wells Fargo & Co. reported third-quarter profits that beat Wall Street estimates as consumers and businesses held steady, keeping loan losses in check.

The allowance for credit losses was $1 billion and net charge-offs, or loans the bank deems uncollectible, were $983 million, San Francisco-based Wells Fargo said in a statement Tuesday. Both figures were better than analysts’ average estimates in a Bloomberg survey.

“Even though economic uncertainty exists and consumer confidence remains mixed, our data shows that our retail and business customers are doing well,” CEO Charlie Scharf said in the release. “Consumers are spending more, defaults are low, and deposit and investment balances have increased. Companies continue to have strong balance sheets and losses remain low.”

Net income for the quarter increased 6.5% to $5.95 billion, or $1.87 per share, according to the release. Analysts were expecting adjusted earnings per share of $1.84. Revenue climbed 2% to $21.9 billion.

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Goldman Sachs shares rose in premarket trading after the bank’s earnings per share beat Wall Street analysts’ expectations. David Hollerith of Yahoo Finance breaks down the numbers:

Goldman Sachs (GS) reported Tuesday that its third-quarter profits rose 29% from a year earlier, as its Wall Street trading and trading businesses continued to deliver strong results despite a slowdown after a record second quarter.

The bank reported net income of $5.29 billion, or $17.01 per share, well above the $13.50 per share expected by analysts.

Total net income rose 23% to $18.68 billion compared to analysts’ expectations of $16.4 billion.

Goldman Sachs CEO David Solomon described the bank’s third-quarter backdrop as “a complicated operating environment” in a statement accompanying the earnings release.

“Despite the world’s current complexity and uncertainty, we remain very well positioned to continue to meet our customers’ expectations,” Solomon said.

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David Hollerith of Yahoo Finance reports:

JPMorgan Chase (JPM) reported another quarter of rising profits on Tuesday, even as revenue at some of its biggest Wall Street firms fell after a remarkable second quarter.

The nation’s largest bank said its profit rose 6 percent from last year’s third quarter to $15.3 billion, or $5.57 per share, below the $5.90 per share analysts expected. Net revenue increased 8% to $50.2 billion from $46.4 billion in the third quarter of last year.

Excluding $658 million in losses on paper securities, the bank earned $5.75 per share.

Jamie Dimon, CEO of JPMorgan Chase, warned that “large budget deficits, persistent inflation, high asset prices, rising interest rates and geopolitical conditions continue to change beneath the surface” despite the strength of the U.S. economy, fueled by strong business investment and a continued spending consumer.

“These forces may be manageable, but we remain prepared to face a wide range of consequences,” Dimon said.

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