Originally Posted by
Global321
'...net income for the third quarter 2019 of $4.9 billion, or $2.07 per diluted share, on revenues of $18.6 billion..."
NET INCOME OF ~26%
I bet most companies wish they were that incompetent.
(FWIW Amex ~16%)
In this economy only the worst of companies and those taking some serious missteps are
not making money. Something about a blind squirrel finding a nut while riding the freight train barreling down the tracks would be appropriate here. As soon as there is mouse fart of a hint of an actual recession you'll see those numbers decreased.