US companies reported earnings above estimates in nine of the 12 results recorded so far for the week of Nov. 2, according to Finnhub's earnings calendar.
The other three companies fell short of estimates. The calendar listed nine more companies as awaiting results, including some with scheduled reporting dates that have already passed.
Earnings per share measures a company's profit divided by its outstanding shares. The estimates represent the average of analyst forecasts collected before each result, allowing a comparison between expected and reported earnings.
Apple reported earnings of $2.05 a share against an estimate of $2.03, with revenue of $114.48 billion. CVS Health earned $2.09 a share against an estimate of $1.67, with revenue of $108.40 billion.
Cencora reported earnings of $4.66 a share against an estimate of $4.63, with revenue of $88.35 billion. Marathon Petroleum earned $26.93 a share against an estimate of $24.72, with revenue of $56.49 billion.
Archer-Daniels-Midland reported earnings of $1.77 a share against an estimate of $1.62, with revenue of $22.34 billion. Pfizer earned $0.87 a share against an estimate of $0.73, with revenue of $16.58 billion.
Advanced Micro Devices reported earnings of $2.09 a share against an estimate of $1.97, with revenue of $13.38 billion. McDonald's earned $3.57 a share against an estimate of $3.42, with revenue of $7.16 billion.
Shopify reported earnings of $0.49 a share against an estimate of $0.47, with revenue of $3.74 billion.
Among those below estimates, Energy Transfer LP earned $0.33 a share against $0.42 expected, with revenue of $37.10 billion. Sysco earned $1.19 a share against $1.20 expected, with revenue of $21.74 billion.
Uber Technologies reported earnings of $0.25 a share against an estimate of $0.98, with revenue of $14.77 billion.
Finnhub listed Berkshire Hathaway as still awaiting results scheduled for Nov. 2, without a reporting time. It also listed McKesson, MetLife and Qualcomm as awaiting results scheduled for Nov. 4 after the market closed, leaving their status out of date.
The earnings estimates were $9,253.77 a share for Berkshire Hathaway, $10.81 for McKesson, $2.80 for MetLife and $2.20 for Qualcomm.
Cigna Group and Cardinal Health were scheduled to report before the market opened on Nov. 5. Their earnings estimates were $7.73 and $2.97 a share, respectively.
Airbnb was scheduled to report after the market closed on Nov. 5, with earnings estimated at $2.91 a share. Arm Holdings was also scheduled for Nov. 5, with an estimate of $0.48 a share, but no reporting time was supplied.
Humana was scheduled to report before the market opened on Nov. 6, with an estimated loss of $1.01 a share. Results for these scheduled companies were not supplied.
