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Tennessee Valley Authority (TVC) |
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EARNINGS REPORT by CSIMarket
Break-even, Sales Down Slightly
Tennessee Valley Authority announced financial fourth quarter 2020 operating profit of $879 millions
![Wind_farm_good_By_Harvey_McDanie_ from_Naalehu[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons](../news/img/renewable_energy/Wind_farm_good_By_Harvey_McDanie_ from_Naalehu[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons.jpg "Wind_farm_good_By_Harvey_McDanie_ from_Naalehu[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons") Tennessee Valley Authority announced unchanged earnings per share on modest revenue decline, eps remained at $0.00 in the financial fourth quarter 2020 and Sales declined by -1.1 % to $ 2.70 billions year on year. From preceding quarter, from $0.00 per share and Sales improved by 19.72 % from $2.25 billions. Net income of $532.000 millions in the financial fourth quarter 2020 increased by 25.77 % from net earnings of $423.000 millions reported in the financial fourth quarter 2020 a year ago. Tennessee Valley Authority also emphasized it's improving profit margins, where net margin rose to 19.74% in financial fourth quarter 2020, and operating margin edged up to 32.62%. Tennessee Valley Authority reported net loss of $ 1.35 billions and Sales of $ 10.25 billions in the fiscal year 2020. Company reported break-even compare to $0.00 in the previous fiscal year, while Sales deteriorated by -9.45 % from $11.32 billions a year ago.
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Recently Reported Results |
Cannagistics Inc
Tennessee Valley Authority announced unchanged earnings per share on modest revenue decline, eps remained at $0.00 in the financial fourth quarter 2020 and Sales declined by -1.1 % to $2.70 billions year on year.
Looking into results from previous quarter from $-0.35 millions and improved from $-0.02 per share.
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Construction Spending
Outlays for U.S. construction projects continue to grow but on the slower pace, mainly because of slow construction spending for lodging.
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Ihs Markit Ltd
Impairment charges of $156.60 million, hurt Ihs Markit Ltd profits in the most recent fiscal period
From the preceding quarter, eps decreased from $0.41 per share and Sales increased by 3.17 % from $1.07 billions.
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Petrogas Co
In the financial time frame ending Dec 31 2020 Petrogas Co lost money of $-0.01 per share compared to $-0.01 a year ago and from $-0.01 per share from the previous quarter.
Petrogas Co reported operating deficit of $-0.005 millions, in the financial time frame ending Dec 31 2020, an improvement from the operating loss of $-0.005356 millions, realized in third quarter of 2019
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Andes 7 Inc
In the fiscal period ending Sep 30 2020 Andes 7 Inc lost money of $-0.03 per share compared to $-0.13 a year ago and eps fell from $0.92 per share from the previous quarter.
Sales fell sharply by -100% to $0.01 millions from $1.98 billions in the same quarter a year ago and sequentially Sales decreased by -3.06% from $0.01 millions.
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Consumer Price Index
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Employment Report
The nonfarm payrolls grew 610,000 in November, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,
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Producer Price Index
U.S. Wholesale prices rose 0.1 % in November, led by growth in food, materials for manufacturing and crude petroleum prices.
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Med Spa Vacations Inc
Med Spa Vacations Inc announced operating deficit of $0 millions, in the third quarter of 2020, an advancement from the operating loss of $-0.018561 millions, recorded in the same quarter a year ago.
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Intel Corporation
Intel Corporation announced disappointing results, eps deteriorated by -10.01% to $1.42 from $1.58 and Sales declined by -1.14% to $19.98 billions in the financial period ending Dec 26 2020, year on year.
From the preceding quarter, earnings grew from $1.02 per share and Sales advanced by 8.97 % from $18.33 billions.
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Kb Home
In the fourth quarter of 2020 Kb Home income fell by -15.27% of $1.12 per share compared to $1.32 a year ago and earnings grew by 34.94 % from $0.83 per share from the previous quarter.
Sales crumbled by -23.38% to $1.19 billions from $1.56 billions in the same quarter a year ago and sequentially Sales improved by 19.54 % from $999.01 millions.
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Lennar Corp
Although revenue fell in the fourth quarter of 2020, company managed to grow its earnings per share, profits soared by 32.39 % to $2.82 per share while Sales fell by -2.09% to $6.83 billions, year on year.
From the preceding quarter, earnings grew from $2.12 per share and Sales improved by 16.28 % from $5.87 billions.
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Vislink Technologies Inc
Vislink Technologies Inc reported disastrous third quarter of 2020, where Sales faded by -99.93% to $4.78 millions and loss per share has widen at $-0.17, from the same quarter a year ago.
Earnings grew from the preceding quarter from $-0.05 per share, Sales fell by -20.47% from $6.01 millions.
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Logitech International S a
Logitech International S A delivered very strong results in the fiscal third quarter of 2020, where Sales soared by 84.7% to $1.67 billions, while company's earnings per share more than doubled by 221.74 % to $2.22 per share, from the same quarter a year ago.
In contrast to the second quarter Sales surged by 32.62 % from $1.26 billions and eps soared by 42.31 % from $1.56 per share.
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