Dollar Tree, Inc. (DLTR) announced the company now estimates that Section 301 tariffs will increase its cost of goods sold by approximately $ 19 million, or $ 0.06 per share, in the fourth quarter of 2019 if tariffs are fully … Read more…
Tag: Profit
Bank of Montreal quarterly profit drops 30%
Bank of Montreal reported a nearly 30% drop in quarterly profit on Tuesday, hit by a restructuring charge. Reuters: Company News SPECIAL DISCOUNT DEAL:
China food delivery firm Meituan posts second straight quarterly profit since listing
Chinese food delivery giant Meituan Dianping beat market expectations to record a 44% jump in third-quarter revenue and post a second straight quarterly profit, as it gained market share and cemented its dominance in the business. Reuters: Technology News BEST … Read more…
China Yuchai International Q3 Profit More Than Halves – Quick Facts
China Yuchai International Ltd. (CYD) reported that total net profit attributable to China shareholders for the fourth quarter was RMB 50.33 million ($ 7.12 million), or earnings per share of RMB 1.23 ($ 0.17), compared to RMB 128.52 million, or … Read more…
Trevor Noah Shreds Trump Officials Who ‘Profit Off The Chaos’
“The Daily Show” host bashed those releasing books about the Trump White House, saying “they don’t help the country.” TV – Latest Recaps, Best Shows To Watch SPECIAL GAMES UPDATE:
SSE Posts Pre-tax Profit In H1; Raises FY Adj. EPS Outlook – Quick Facts
Electric utility SSE plc (SSE.L) reported Wednesday that its first-half pre-tax profit was 128.9 million pounds, compared to loss of 284.6 million pounds last year. Earnings per share from continuing operations were 6.2 pence, compared to loss of 26.4 pence … Read more…
Rakuten quarterly profit almost wiped out as investment weighs, Lyft stake slides
Rakuten Inc’s quarterly operating profit was almost wiped out in the three months ended September as investment in its e-commerce and mobile units weighed on profits, with the value of its bet on ride-hailing firm Lyft also sliding further. Reuters: … Read more…
Square, Inc. Q3 Profit Beats Estimates, Revenue Up 44%; Updates Guidance
Square, Inc. (SQ) reported adjusted net income per share of $ 0.25 for the third quarter of 2019, compared to $ 0.13, prior year. On average, 35 analysts polled by Thomson Reuters expected the company to report profit per share … Read more…
Alphabet third-quarter profit misses estimates
Google parent Alphabet Inc missed analysts’ estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.7% even though revenue growth topped expectations. News – FashionNetwork.com USA BEST DEAL UPDATE:
BP’s third-quarter net profit tumbles 41% on weaker oil prices, weather impacts
Energy giant BP reported a 41% fall in third-quarter net profits on Tuesday, citing lower upstream earnings and weaker oil prices. World News & Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
Symbol of ’80s Greed Stands to Profit From Trump Tax Break for Poor Areas
The financier Michael Milken is a major investor in a property that became eligible for a federal tax break — after his longtime friend, Steven Mnuchin, intervened. NYT > Top Stories SPECIAL NEWS BULLETIN: Click today to request your free … Read more…
Visa Inc. Q4 Profit Beats Estimates – Quick Facts
Visa Inc. (V) reported that its fourth-quarter non-GAAP earnings per share rose 21 percent year-on-year to $ 1.47. Non-GAAP earnings per share growth was approximately 23 percent on a constant-dollar basis. On average, 33 analysts polled by Thomson Reuters expected … Read more…
Profit From Art Isn’t Dirty. It Means: Make More Art.
Are you an artist who dislikes dealing with the financial part of your work? Think of profit as a form of permission. NYT > Your Money BEST DEAL UPDATE: Bad Credit Loans Trusted Lenders Ready to Lend up to $ … Read more…
Amazon predicts lower-than-expected holiday sales, profit; shares plunge 7%
Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally. News – FashionNetwork.com USA BEST DEAL UPDATE:
Amazon’s Third-Quarter Profit Slides 26%
Amazon’s profit machine sputtered again after more than two years of surging growth, weighed down by the tech giant’s heavy investment into reducing shipping times for retail customers. WSJ.com: WSJD BEST DEAL UPDATE:
Amazon’s Third-Quarter Profit Slides 26%
Amazon’s profit machine sputtered again after more than two years of surging growth, weighed down by the tech giant’s heavy investment into reducing shipping times for retail customers. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free … Read more…
EBay Q3 Profit Beats Estimates; Revenue Flat With Prior Year – Quick Facts
eBay Inc. (EBAY) reported that its third-quarter earnings per share increased 19 percent to $ 0.67 from $ 0.56, prior year. On average, 32 analysts polled by Thomson Reuters expected the company to report profit per share of $ 0.64, … Read more…
Tesla Delivers a Surprising Profit
The electric-car maker posted a surprise profit for the third quarter, easing investors’ fears that the pursuit of growth and record production figures would come at the expense of the bottom line. WSJ.com: WSJD BEST DEAL UPDATE:
Tesla Delivers a Surprising Profit
The electric-car maker posted a surprise profit for the third quarter, easing investors’ fears that the pursuit of growth and record production figures would come at the expense of the bottom line. WSJ.com: US Business BEST DEAL UPDATE:
Tesla Reports Profit for Quarter, Sending Shares Soaring
The electric-car maker’s revenue declined, but it said it had removed “substantial cost” from its operations. NYT > Automobiles BEST DEAL UPDATE:
Walmex profit beats expectations but company says customers ‘becoming more cautious’
Walmart de Mexico, Mexico’s largest retailer, reported a 6.6% jump in third-quarter net profit on Wednesday, surpassing analysts’ expectations despite a weakening consumer environment. News – FashionNetwork.com USA BEST DEAL UPDATE:
Tesla Profit Tops Street, “highly Confident” To Meet Delivery Outlook, Shares Up
Shares of Tesla Motors Inc. (TSLA) surged 12% in extended trading session on Wednesday after the luxury electric car maker reported a surprise third-quarter profit, which trumped Wall Street estimates. Looking forward, the company said it is “highly confident” to … Read more…
Tesla shares surge after unexpected profit
The electric carmaker says its plans in China and for its next model are ahead of schedule. BBC News – Technology BEST DEAL UPDATE:
Tesla shares soar 21% as surprise profit answers skeptics
Tesla Inc on Wednesday surprised investors with a quarterly profit that sent its shares soaring, as Chief Executive Elon Musk promised a 2020 rollout of a cheaper SUV and more self-driving technology to stay ahead of larger rivals rushing into … Read more…
Tesla profit up on record deliveries, shares soar 21 percent
Elon Musk’s electric car maker Tesla on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new electric vehicle model, causing shares to soar in after-market trading. Shares … Read more…
Filtronic FY Pre-tax Profit Falls, Revenue Down 26% – Quick Facts
Filtronic plc (FTC.L), a manufacturer of antennas, filters and mmWave products, reported a pretax profit of 0.14 million pounds for the year ended 31 May 2019, down from a restated 2.65 million pounds in the prior year. Basic loss per … Read more…
UBS third-quarter profit slumps; investment banking down 59% on ‘persistent’ negative rates
Swiss lender UBS saw a 16% drop in its third-quarter net profit, compared to the same period last year. Europe News BEST DEAL UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…
UBS Q3 Profit Declines, Sees Positive Momentum; Stock Up
Swiss banking giant UBS Group AG reported lower profit in its third quarter mainly with weak profit in Investment Bank segment and lower net interest income. Looking ahead, the bank noted that geopolitical tensions and trade disputes continue to impact … Read more…
The Creepy Way Facebook And Amazon Profit Off Our Private Data
Shoshana Zuboff, the author of “The Age of Surveillance Capitalism,” discusses how tech companies harvest our thoughts, preferences and behaviors. Creating change SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…
Morgan Stanley Profit Rises 3%
Morgan Stanley’s third-quarter profit rose 3% from a year ago, the last major U.S. bank to skate through a period of global tensions and shifting markets. WSJ.com: Markets BEST DEAL UPDATE: SPECIAL NEWS BULLETIN: Click today to request your free … Read more…
Honeywell profit falls 30%
Honeywell International Inc reported a 30% fall in quarterly profit on Thursday, as it sold off some businesses last year. Reuters: Business News SPECIAL DISCOUNT UPDATE!
Bank of America Profit Falls on Charge
A one-time charge dented Bank of America’s third-quarter profit, but the bank posted gains in its consumer, wealth and commercial businesses. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…
Bank Of America Q3 Profit Beats Estimates; Stock Rises
Bank of America Corp. (BAC) reported net income of $ 5.8 billion, or $ 0.56 per share, for the third quarter of fiscal 2019. The company’s third-quarter results included Merchant Services Joint Venture impairment Charge of $ 2.1 billion or … Read more…
BlackRock Profit Slips
Investors increased the flood of cash flowing into money-management giant BlackRock Inc. in the last quarter, but the firm saw profits fall 8% from the comparable quarter a year earlier to $ 1.12 billion. WSJ.com: Markets BEST DEAL UPDATE: SPECIAL … Read more…
UnitedHealth Raises Profit Targets on Higher Sales
UnitedHealth boosted its profit guidance for the year as revenue growth from its network of health services, premiums and health-care plan membership fueled the company’s third-quarter performance. WSJ.com: US Business BEST DEAL UPDATE:
Johnson & Johnson Raises Outlook, Beats Profit Estimates
Johnson & Johnson raised its financial forecast for the rest of 2019 as it reported quarterly results ahead of Wall Street estimates, boosted by gains in its consumer and pharmaceuticals divisions. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to … Read more…
Goldman Sachs Q3 Profit Declines, Miss Estimates – Quick Facts
The Goldman Sachs Group, Inc. (GS) reported Tuesday that net earnings applicable to common shareholders for the third quarter decreased to $ 1.79 billion or $ 4.79 per share from $ 2.45 billion or $ 6.28 per share in the … Read more…
Wells Fargo profit slides amid the bank’s restructuring, with new CEO taking over next week
Wells Fargo's third-quarter earnings come in slightly below expectations. Finance FINANCE UPDATE:
Tory Burch UK swings to small profit as sales continue to accelerate
Tory Burch’s UK and German operations swung to a small profit in the year to January after making a loss the year before. And the firm’s sales continued their run of rises. News – FashionNetwork.com USA BEST DEAL UPDATE:
Silicon Valley Is Trying Out a New Mantra: Make a Profit
Start-up investors are warning of a reckoning after the stumbles of some high-profile “unicorns.” Now turning a profit is in. NYT > Business > Economy SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save … Read more…
Fast Retailing books record profit, says South Korea boycott curbs outlook
Fast Retailing Co Ltd on Thursday booked record profit for a third consecutive year on strong sales at its Uniqlo stores in China, and forecast further growth in the current year. News – FashionNetwork.com USA BEST DEAL UPDATE:
Samsung says its third-quarter profit likely fell 56% from a year earlier
Samsung said operating profit for the third quarter is expected at 7.7 trillion Korean won ($ 6.43 billion), slightly higher than an industry estimate. Tech BEST DEAL UPDATE:
Unicorns’ Pre-IPO Profit Claims Get Scrutinized
Investors are starting to demand profits, or at least profits in the near future, from richly valued tech companies when they go public. That has put the spotlight on claims from companies including Peloton, We Co. and Lyft. WSJ.com: Markets … Read more…
Kingfisher H1 Adj. Pre-tax Profit Rises; LFL Sales Down 1.8% – Quick Facts
Kingfisher plc (KGF.L) reported that its adjusted pre-tax profit was up 3.7 percent for the 6 months ended 31 July 2019, reflecting lower transformation P&L costs. Like-for-like sales were down 1.8 percent with growth in Screwfix, Poland and Romania offset … Read more…
General Mills Q1 Profit Tops Estimates, Organic Sales Down 1% – Quick Facts
General Mills (GIS) said its profit and earnings growth were ahead of its expectations for the first-quarter. Net sales decreased 2 percent, while organic net sales were down 1 percent, for the quarter. The decline in organic net sales was … Read more…
Vince breaks into profit thanks to solid sales gains
The New York-based luxury apparel company announced significant gains in the second quarter as it swung to a profit, boosted by strong cross-segment sales improvements and reduced expenses. News – FashionNetwork.com USA BEST DEAL UPDATE:
Viewpoints: Big Tobacco Turns To Vaping To Profit Off The Pain, Suffering Of Millions; Medicare Advantage Transforms A Dysfunctional Insurance Market
Opinion writers weigh in on these health issues and others. Kaiser Health News BEST DEAL UPDATE:
Lancaster Colony Q4 Profit Rises, But Results Miss View – Quick Facts
Lancaster Colony Corp. (LANC), a maker of specialty food products, on Tuesday reported net income for the fourth quarter of $ 33.0 million or $ 1.20 per share, up slightly from $ 32.4 million or $ 1.18 per share last … Read more…
Tisha Campbell Doesn’t Want Ex-Husband To Profit Off Home Sale
When it comes to divorce, if it’s not custody, it’s assets. That’s where things have settled in the latest chapter of the saga between Duane Martin and Tisha Campbell Martin. While the two were able to come to an agreement … Read more…
Commerzbank Q2 Profit Down, Says FY View For Profit Growth Ambitious; Stock Dips
Shares of Commerzbank AG were losing around 5 percent in German trading after the lender on Wednesday reported a slight drop in profit in its second quarter hurt by lower revenues. Looking ahead, the Bank expects a slight increase in … Read more…
New York Times Q2 Profit Tops View, But Revenues Miss
The New York Times Co. (NYT) reported a profit for the second quarter that increased 6.7 percent from last year, while quarterly revenues rose 5.2 percent. It added 197,000 net new digital-only subscriptions in the quarter. Adjusted earnings per share … Read more…
SoftBank’s profit nearly quadruples on fund investments
TOKYO — Japanese technology company SoftBank Group Corp. reported Wednesday its fiscal first quarter profit nearly quadrupled to 1.122 trillion yen ($ 10.6 billion) as its fund investments boosted income. Tokyo-based SoftBank’s April-June profit the previous year had totaled 313.7 … Read more…
Meggitt H1 Pretax Profit Declines; Raises FY Organic Revenue Growth Outlook
Engineering company Meggitt PLC (MGGT.L) on Tuesday reported profit before tax of 72.6 million pounds for the six months ended 30 June 2019, down from 105.2 million pounds in the previous-year period. Earnings per share declined to 7.3 pence from … Read more…
General Motors Q2 Profit Tops Estimates, Revenue Down 1.9%; Affirms Guidance
General Motors Co. (GM) said its second-quarter net income was up 1.6 percent year-on-year driven by the performance of North America and significant progress on transformational cost initiatives. Looking forward, the company affirmed its fiscal 2019 guidance. RTT – Earnings … Read more…
Square Q2 Profit Tops Estimates; DoorDash To Acquire Caviar
Square (SQ) reported second-quarter adjusted net income per share of $ 0.21, an $ 0.08 improvement year over year. On average, 34 analysts polled by Thomson Reuters expected the company to report profit per share of $ 0.16, for the … Read more…
Intesa Sanpaolo Q2 Profit Up 31%; Enters Into Deal With Prelios On UTP Loans
Intesa Sanpaolo Group (ISNPY.PK, IITSF.PK) Wednesday reported second-quarter net income of 1.22 billion euros, up 31 percent from 927 million euros in the year-ago period. RTT – Earnings BEST DEAL UPDATE:
Samsung Q2 Profit Drops
Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) reported a profit for the second quarter that dropped about 54 percent from last year, due to falling memory chip prices. Quarterly operating profit also dropped 56 percent from last year, while sales … Read more…
Iberdrola H1 Net Profit Up 16.6%; Raises FY Outlook- Quick Facts
Spanish utility Iberdrola S.A.(IBDSF.PK) reported Wednesday that its first-half net profit increased 16.6 percent to 1.64 billion euros from 1.41 billion euros last year, reflecting the record investments made by the group. RTT – Earnings BEST DEAL UPDATE:
Harley Davidson second-quarter sales continued to slide as profit falls 19%
Harley Davidson posted its second quarter earnings today, beating analyst expectations on revenue but posting lower sales numbers. Asia-Pacific News BEST DEAL UPDATE:
JPMorgan Q2 Profit Up 16%, Results Beat Estimates
JPMorgan Chase & Co. (JPM) reported a profit for the second quarter that increased 16 percent from last year, driven by its diversified global business model and an income tax benefit related to the resolution of certain tax audits. Both … Read more…
Wells Fargo Q2 Profit Beats Estimates; Revenue Flat – Quick Facts
Wells Fargo & Company (WFC) said its second-quarter net income was up 26% year-on-year driven by net discrete tax expense of $ 481 million in the second quarter of previous year. The company grew period-end loans and deposits, as well … Read more…
Ericsson Posts Profit In Q2, Warns On Gross Margin; Stock Dips
Shares of Ericsson were losing around 5 percent in the morning trading Sweden after the networking and telecom company warned on its gross margin. In its second quarter, the company recorded a profit, compared to last year’s loss, driven mainly … Read more…
Wipro Q1 Profit, Revenues Increase – Quick Facts
India-based software services company Wipro Ltd. (WIT) reported Wednesday that first-quarter net income attributable to equity holders was 23.87 billion Indian rupees or $ 346 million, up 12.6 percent from last year’s 21.21 billion rupees. RTT – Earnings BEST DEAL … Read more…
Bank Of America Q2 Profit Tops Estimates; Revenue Up 2%
Bank of America (BAC) reported that its second-quarter earnings per share grew seventeen percent from the year-ago quarter, aided in part by the repurchase of seven percent of the company’s shares in the past twelve months. Revenue, net of interest … Read more…
Progressive Corp. June, Q2 Profit Increase – Quick Facts
The Progressive Corp. (PGR) reported that second quarter net income increased to $ 979.4 million or $ 1.66 per share from $ 704.2 million or $ 1.19 per share in the prior-year quarter. RTT – Earnings BEST DEAL UPDATE:
Bank of America beats profit estimates on strong loan growth
Bank of America beat estimates for quarterly profit on Wednesday, as the loan book of the country’s second-largest lender benefited from a healthy economy. Consumer banking has held up for the big Wall Street banks that have reported second-quarter results … Read more…
Goldman Sachs Q2 Profit Down, But Tops View; Hikes Dividend
Goldman Sachs Group Inc. (GS) reported Tuesday a profit for the second quarter of 2019 that declined 6 percent from last year. However, profit topped analysts’ estimates. Quarterly net revenues also decreased 2 percent. The company raised its quarterly dividend … Read more…
FactSet Q3 Profit Beats Estimates; Raises 2019 Earnings Guidance
FactSet (FDS) reported that its third-quarter adjusted EPS rose 20.2% year-on-year driven primarily by stronger operating results. Revenues increased 7.2% primarily due to higher sales of analytics, content and technology solutions (CTS) and wealth management solutions. The company increased fiscal … Read more…
Kroger Q1 Profit Matches Estimates; Affirms Guidance – Quick Facts
The Kroger Co. (KR) reported first-quarter earnings that matched analysts’ estimates. Total sales, excluding fuel and the effect of selling the convenience store business unit, increased 2.0% year-on-year. Looking forward, Kroger Co. confirmed identical sales, operating profit and EPS guidance … Read more…
Dollar General Shares Jump As Q1 Profit Tops Estimates; Affirms Outlook
Dollar General Corp. (DG) reported a strong top- and bottom-line growth, for the first-quarter ended May 3, 2019. Same-store sales were up 3.8% due to increases in both average transaction amount and customer traffic. Looking forward, the company reiterated fiscal … Read more…
‘The Profit’ says limits on US flag size unconstitutional
A reality television star says in a court filing it’s unconstitutional for a North Carolina city to ban a huge American flag flying at his recreational vehicle store because of its size ABC News: Entertainment BEST DEAL UPDATE :
Charts that Count: how investors can profit from US-China trade war
Financial Times BEST DEAL UPDATE:
Britvic 28-week Pre-tax Profit Rises; Hikes Interim Dividend
Britvic plc (BVIC.L) on Wednesday reported profit before tax of 45.2 million pounds for the 28 weeks ended 14 April 2019, up from 41.8 million pounds in the previous-year period. RTT – Earnings BEST DEAL UPDATE:
Great Portland Estates FY Profit Falls – Quick Facts
Great Portland Estates Plc. (GPOR.L) on Wednesday reported that its profit for the year to 31 March 2019 fell to 49.5 million pounds or 17.1 pence from 70.3 million pounds or 18.2 pence per share in the prior year. RTT … Read more…
Intermediate Capital Group FY Pre-tax Profit Declines; Hikes Dividend
Specialist asset manager Intermediate Capital Group plc (ICP.L) reported Wednesday that its profit before tax for the year ended 31 March 2019 declined 8 percent to 182.9 million pounds from 199.1 million pounds in the prior year. RTT – Earnings … Read more…
Babcock FY Pre-tax Profit Down 39.9%, Warns On Outlook – Quick Facts
Aerospace and defence company Babcock International Group PLC (BAB.L) on Wednesday reported profit before tax of 235.2 million pounds for the year ended 31 March 2019, down 39.9 percent from 391.1 million pounds in the previous year. Earnings per share … Read more…
Stein Mart Q1 Profit Declines – Quick Facts
Stein Mart, Inc. (SMRT), an off-price retailer, on Wednesday reported a 45.8 percent decline in profit for the first quarter from last year, reflecting lower sales. Comparable sales for the quarter decreased 1.7 percent. RTT – Earnings BEST DEAL UPDATE:
Experian FY19 Pre-tax Profit Up 1%; Hikes Dividend – Quick Facts
Experian plc. (EXPN.L), a global information services company, reported that its profit before tax for the year ended 31 March 2019 increased 1 percent to US$ 957 million from a restated US$ 950 million in the previous year, despite an … Read more…
Spirax-Sarco Engineering 4-month Operating Profit Ahead Of Last Year
Spirax-Sarco Engineering PLC (SPX.L) said Wednesday that despite the softening macro-economic environment, Group operating profit on an organic basis was ahead of the comparable four-month period in 2018, with operating margins consistent with the company’s full-year expectations. RTT – Earnings … Read more…
Why the NCAA Is Taking a Massive Step Just by Discussing Athletes’ Path to Profit
Just the fact that the NCAA is willing to talk about the possibility of compensating student-athletes is a move in the right direction. Latest News BEST DEAL UPDATE:
Emirates reports weakest full-year profit in a decade
Emirates reported its weakest full-year profit in a decade on Thursday as higher oil prices, a strong dollar and intensifying competition eroded profits at one of the world's largest airlines. Top News & Analysis COMMUNITY NEWS UPDATE: Click today to … Read more…
BMW Q1 Net Profit Plunges, Backs Weak Profit View For FY19; Stock Down
Shares of BMW AG were losing around 1 percent in the morning trading in Germany after the luxury carmaker reported Tuesday sharply lower profit in its first quarter, hurt by a hefty provision related to ongoing antitrust proceedings, as well … Read more…
Cambrex Q1 Profit Falls; Reiterates FY19 Outlook – Quick Facts
Cambrex Corp. (CBM) on Thursday reported a 57 percent fall in profit for the first quarter from last year as higher expenses more than offset an increase in revenues. RTT – Earnings BEST DEAL UPDATE:
Starbucks Raises 2019 Earnings Guidance; Q2 Profit Beats Estimates
Starbucks Corp. (SBUX) announced, with solid first-half financial results, the company is on track to deliver on its full-year commitments. For fiscal 2019, non-GAAP EPS is projected in the range of $ 2.75 to $ 2.79, revised from a range … Read more…
Ford On Track To Deliver Better Results In 2019; Q1 Profit Beats Estimates
The shares of Ford Motor Company (F) were up more than 9% after hours on Thursday as the company’s first-quarter results surpassed analysts’ projections. Ford said it is on track to deliver better company results in 2019 than last year. … Read more…
Nintendo profit jumps 39-percent on Switch software sales
TOKYO — Japanese video game maker Nintendo Co. is reporting a 39% rise in profit for the fiscal year through March on healthy software sales for its popular Switch console. The Kyoto-based company behind the Super Mario and Pokemon franchises … Read more…
FirstBanCorp Q1 Adj. Profit Meets Expectations – Quick Facts
First BanCorp. (FBP), the bank holding company for FirstBank Puerto Rico, on Wednesday reported an increase in profit for the first quarter from the year-ago period on higher revenues. Adjusted earnings per share for the quarter matched analysts’ expectations. RTT … Read more…
Heineken Q1 Profit Rises, Consolidated Beer Volume Up 4.3% Organically
Dutch brewer Heineken N.V. (HKHHF.PK) reported Wednesday that its net profit for the first quarter of 2019 rose to 299 million euros from 260 million euros in the previous-year quarter. RTT – Earnings BEST DEAL UPDATE:
Wipro Q4 Profit, Revenues Rise – Quick Facts
India-based software services company Wipro Ltd. (WIT) reported Tuesday that fourth-quarter net income attributable to equity holders was 24.83 billion Indian rupees or $ 359 million, up from last year’s 18.03 billion rupees. RTT – Earnings BEST DEAL UPDATE:
Badger Meter Q1 Profit Surges, But Results Miss Estimates – Quick Facts
Badger Meter Inc. (BMI), a provider of flow measurement, control, and communication solutions, on Wednesday reported a surge in profit for the first quarter from last year as a decline in sales was more than offset by lower costs and … Read more…
Morgan Stanley Shares Rise After Q1 Profit Beats Estimates
Morgan Stanley (MS) reported first-quarter earnings that surpassed the analysts’ estimates. Shares of the company were up more than 2 percent in premarket trade. The bank reported earnings of $ 1.39 per share compared with $ 1.45 per share a … Read more…
Bank Of America Q1 Profit Tops Estimates; Revenue Relatively Stable
Bank of America Corp. (BAC) reported first-quarter earnings per share of $ 0.70, up 13 percent from $ 0.62, a year ago. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $ … Read more…
UnitedHealth beats first-quarter profit estimates and raises its 2019 forecast
UnitedHealth reported a 22.2% rise in first-quarter profit, driven by strength in its main insurance business and Optum unit. Health and Science U.S.HEALTHCARE UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…
Tesco Plc FY Pretax Profit Rises; Sales Up 11.5% – Quick Facts
Tesco Plc (TSCO.L, TSCDY.PK) reported pretax profit of 1.67 billion pounds for the 52 weeks ended 23 February 2019 compared to 1.30 billion pounds, previous year. Earnings per share from continuing operations was 13.55 pence compared to 12.11 pence. Statutory … Read more…
Acuity Brands Q2 Profit Beats Estimates; Sales Up 2.7% – Quick Facts
Acuity Brands, Inc. (AYI) reported that its adjusted EPS for the second quarter of fiscal 2019 increased 5.3 percent, to $ 1.99 compared with adjusted diluted EPS of $ 1.89 for the year-ago period. On average, 9 analysts polled by … Read more…
Intrepid Potash Turns To Profit In Q4, Adj. Earnings Beat View – Quick Facts
Intrepid Potash Inc. (IPI), a producer of potash and langbeinite products, on Tuesday reported a turnaround to profit in the fourth quarter on higher sales. Adjusted earnings per share beat analysts’ estimates. RTT – Earnings BEST DEAL UPDATE:
Wood Group FY18 Operating Profit Before Exceptional Items Rises 68%
Wood Group (John) plc (WDGJF.PK, WG.L) reported a loss of $ 7.6 million for the year to 31 December 2018 compared to a loss of $ 30.0 million, prior year. Loss per share was 1.3 cents compared to a loss … Read more…
Kingfisher Plc FY Pretax Profit Declines; LFL Sales Down 1.6%
Kingfisher plc (KGF.L) reported that its statutory pre-tax profit for year ended 31 January 2019, which includes the impact of transformation costs and exceptional items, decreased by 52.8% to 322 million pounds. Earnings per share was 10.2 pence compared to … Read more…
BMW Stock Dips On Weak FY18 Profit, Cautious FY19 Pre-tax Profit View
Shares of BMW Group declined around 5 percent in German trading after the auto giant reported Wednesday weak profit in its fiscal year 2018, despite a 0.1 percent growth in Automotive revenues with higher deliveries. Looking ahead for fiscal 2019, … Read more…
Innogy Slips To Loss In FY18; Sees Lower Adj. Profit In FY19 – Quick Facts
Innogy SE (IGY.DE), a German energy utility, reported Wednesday that its fiscal 2018 net loss attributable to shareholders was 653 million euros, compared to net income of 778 million euros in the prior year. RTT – Earnings BEST DEAL UPDATE:
Symrise FY18 Profit Rises; Lifts Dividend – Quick Facts
Symrise AG (SYIEY.PK, SYIEF.PK), a supplier of fragrances, flavorings and cosmetic active ingredients, reported Wednesday that its fiscal 2018 net income increased 1.9 percent to 275 million euros from 270 million euros last year. Earnings per share improved to 2.12 … Read more…
Adidas 2018 Profit From Cont. Ops. Rises; Currency-neutral Sales Up 8%
adidas (ADDYY.PK, ADDDF.PK) reported that its fiscal 2018 net income from continuing operations, excluding the negative one-time tax impact recorded in 2017, increased 20% to 1.71 billion euros from 1.43 billion euros. Basic EPS from continuing operations grew 20% to … Read more…
Dignity FY18 Profit Declines; Says FY19 Outlook Unchanged – Quick Facts
Dignity Plc. (DTY.L), a provider of funeral related services, reported that its preliminary profit attributable to equity shareholders for the 52 week period ended 28 December 2018 declined to 31.5 million pounds or 63.0 pence per share, from 57.8 million … Read more…
Wm Morrison Supermarkets FY18 Pretax Profit Declines; Proposes Special Dividend
Morrison(Wm.)Supermarkets PLC (MRW.L) on Wednesday reported profit before tax of 320 million pounds for the 52 weeks ended 3 February 2019, down 15.8 percent from 380 million pounds in the previous year. Earnings per share were 10.11 pence, down from … Read more…
Avast Turns To Profit In FY18; Names Ondrej Vlcek CEO – Quick Facts
Avast plc (AVST.L), a global cybersecurity provider, on Wednesday reported that its profit before tax for the year ended 31 December 2018 was $ 182.5 million, compared to loss before tax of $ 28.9 million in the prior year. RTT … Read more…
Inditex FY18 Profit Up, Lifts Dividend; Sees Higher FY19 LFL Sales; Stock Dips
Spanish fashion retailer Industria de Diseño Textil SA or Inditex reported Wednesday higher profit in its fiscal 2018 with increased net sales and like-for-like sales. The company also lifted its dividend. Meanwhile, Bloomberg reported that the owner of the Zara … Read more…
PageGroup FY18 Pre-tax Profit Rises – Quick Facts
PageGroup plc (PAGE.L), the specialist professional recruitment company, reported Wednesday that its profit before tax for the year ended 31 December 2018 rose to 142.28 million pounds from 118.16 million pounds last year. RTT – Earnings BEST DEAL UPDATE:
Just Eat Turns To Profit In FY18 – Quick Facts
Just Eat plc (JE.L) reported Wednesday that its fiscal 2018 profit before tax was 101.7 million pounds, compared to loss of 76.0 million pounds last year. Basic earnings per share were 12.1 pence, compared to loss of 15.2 pence a … Read more…
Brown-Forman Q3 Profit Up 19%, Reiterates FY19 Outlook – Quick Facts
Brown-Forman Corp. (BFA, BFB) reported Wednesday that its net income for the third quarter of fiscal 2019 rose to $ 227 million or $ 0.47 per share from $ 190 million or $ 0.39 per share in the year-ago quarter. … Read more…
SOCO FY18 Pre-tax Profit Up; Says No Intention To Make Offer For Ophir Energy
SOCO International plc (SIA.L) on Wednesday reported profit before tax of $ 80.1 million for the year to 31 December 2018, up from $ 22.7 million in the prior year. RTT – Earnings BEST DEAL UPDATE:
How doctors can help low-income patients (and still make a profit) | P.J. Parmar
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Rio Tinto FY18 Profit Climbs, Declares Significant Dividends; Stock Up
Shares of Rio Tinto Plc were gaining around 2 percent in the early morning trading in London after the Anglo- Australian mining giant announced significant dividend after reporting higher profit in its fiscal 2018. The company also said its 2019 … Read more…
Mylan quarterly profit, 2019 forecast miss Wall Street estimates — stock tanks
Generic drugmaker Mylan on Tuesday reported lower-than-expected fourth-quarter profit and forecast 2019 earnings well below Wall Street estimates, as it grapples with significant problems at its Morgantown, West Virginia, plant. Health and Science U.S.HEALTHCARE UPDATE: Click today to request your … Read more…
Owens Corning Swings To Profit In Q4, Results Beat View – Quick Facts
Owens Corning (OC) said Wednesday that its fourth-quarter 2018 net earnings attributable to the company were $ 171 million or $ 1.55 per share, compared to net loss of $ 4 million or $ 0.04 per share in the year-ago … Read more…
Galliford Try H1 Pre-tax Profit Declines – Quick Facts
Galliford Try plc (GFRD.L) on Wednesday reported profit before tax of 53.8 million pounds for the half year ended 31 December 2018, down 4 percent from 56.3 million pounds in the prior-year period. Basic earnings per share decreased to 39.4 … Read more…
Heineken FY18 Profit Down, Volume Up; Sees Profit Growth In FY19; Stock Up
Dutch brewer company Heineken NV (reported Wednesday weak net profit in its fiscal year 2018 on charges, while revenues were higher with improved beer volume. Looking ahead for fiscal 2019, the company anticipates adjusted operating profit to grow by mid-single … Read more…
Hilton Worldwide Q4 Profit Tops View; Provides Rosy Guidance – Quick Facts
Hilton Worldwide Holdings Inc. (HLT) reported Wednesday net income for the fourth quarter was $ 224 million or $ 0.75 per share, sharply lower than $ 729 million or $ 2.27 per share in the prior-year quarter. Adjusted for special … Read more…
Teva Shares Fall As Q4 Adj. Profit Misses View, Outlook Disappoints
Israel-based generic drug maker Teva Pharmaceutical Industries Ltd. on Wednesday reported a loss for the fourth quarter that narrowed from last year as a decline in revenues was more than offset by lower costs and expenses. However, adjusted earnings per … Read more…
Barratt Developments H1 Pre-tax Profit Up 19.1% – Quick Facts
UK home builder Barratt Developments Plc. (BDEV.L) on Wednesday reported pre-tax profit of 408.0 million pounds for the half year ended 31 December 2018, up 19.1 percent from 342.7 million pounds in the same period last year. RTT – Earnings … Read more…
GlaxoSmithKline FY18 Pretax Profit Rises; Sales Up 5% CER – Quick Facts
GlaxoSmithKline PLC (GSK.L, GSK) reported profit before tax of 4.80 billion pounds for the year ended 31 December 2018 compared to 3.52 billion pounds, previous year. Earnings per share was 73.7 pence compared to 31.4 pence. Adjusted operating profit was … Read more…
GM Turns To Profit In Q4; Results Beat Estimates
General Motors Co. on Wednesday reported a profit for the fourth quarter, compared to a loss in the year-ago period that included a non-cash charge related to the U.S. tax reform. Both revenue and adjusted earnings per share for the … Read more…
Mattel shares soar after strong Barbie sales fuel surprise profit
Shares of Barbie owner Mattel skyrocketed as much as 20 percent on Thursday, after the company reported better-than-expected fourth-quarter earnings and revenue after the closing bell. Retail BEST DEAL UPDATE: Up to 50% off Women’s Sale at 3×1
Daimler Q4 Profit Down, Cuts Dividend; Sees Slight Growth In FY19; Stock Dips
Shares of Daimler AG were losing around 2 percent in the early morning trading in Germany after the automaker on Wednesday reported that its fourth-quarter profit halved, despite higher sales and unit volume. The company also trimmed its dividend. Looking … Read more…
Wizz Air Q3 Profit Falls; Affirms FY19 Outlook – Quick Facts
Wizz Air Holdings Plc (WIZZ.L) on Wednesday reported third-quarter profit of 1.7 million euros, down 87.6 percent from 14.0 million euros in the prior-year period. RTT – Earnings BEST DEAL UPDATE:
Exxon Mobil posts big quarterly profit beat as oil major hikes production
Exxon reported quarterly earnings that beat analysts' expectations, while revenues fell short of forecasts. Energy BEST LOAN UPDATE: Fast Funding. Lower Interest. More Personal. Up to $ 4K tomorrow with OppLoans!
Novartis Stock Dips As Q4 Profit Misses View; Plans Buyback; Sees Growth In FY19
Shares of Novartis AG (NVS) were losing around 2 percent in the early morning trading in Switzerland after the drug major reported weak profit in its fourth quarter, and core earnings were below market estimates. Net sales, however, increased and … Read more…
AT&T Q4 Profit Matches Estimates, Revenue Up 15.2%; Reaffirms FY19 Guidance
AT&T Inc. (T) reported fourth-quarter net income attributable to company of $ 4.9 billion, or $ 0.66 per share, compared to $ 19.0 billion, or $ 3.08 per share, in the year-ago quarter which reflected the impact of the December … Read more…
Chevron beats profit expectations as annual oil and gas output hits record
Chevron reported quarterly earnings that slightly beat analysts' expectations, but revenue fell short of forecasts. Energy BEST LOAN UPDATE: Fast Funding. Lower Interest. More Personal. Up to $ 4K tomorrow with OppLoans!
Shell’s full-year profit surges to four-year high, beats expectations
Oil giant Royal Dutch Shell reported better-than-expected full-year earnings on Thursday, as deep cost cuts introduced after the 2014 market downturn kicked in. Europe News BEST DEAL UPDATE:
Deutsche Börse 2018 Adj. Net Profit To Significantly Exceed Guidance
The Executive Board of Deutsche Börse AG (DBOEY.PK, DBOEF.PK) announced, after consolidating the preliminary results for the financial year 2018 for the first time, that the guidance for the growth of the adjusted net profit for 2018 will be exceeded … Read more…
Procter & Gamble Q2 Profit Up 28%; Results Beat View
Consumer goods giant Procter & Gamble Co. on Wednesday reported a 28 percent increase in profit for the second quarter from last year, when results were impacted by a charge related to the U.S. tax reform. Both revenue and core … Read more…
UBS Posts Profit, Plans $1 Bln Buy Back; Warns On Client Activity; Stock Dips
Shares of UBS Group AG (UBS) were losing around 5 percent in the early morning trading after the Swiss banking giant warned on client activity in the first quarter, despite reporting a profit in its fourth quarter, compared to prior … Read more…
JPMorgan Q4 Profit Rises, But Revenues Miss Estimates; Stock Down
JPMorgan Chase & Co. (JPM) reported Tuesday a profit for the fourth-quarter that grew 67 percent from last year. It took a one-time charge, as a result of the U.S. tax reform in the prior year. Net revenue for the … Read more…
Bank Of America Q4 Profit Surges; Revenue Up 6% On Adjusted Basis
Bank of America (BAC) reported fourth-quarter net income of $ 7.3 billion, up 208% from prior year, driven by continued strong operating leverage and asset quality, as well as the benefit of tax reform impacting 2018. Fourth-quarter net income was … Read more…
United shares jump as airline’s fourth-quarter revenue, profit beat estimates
United Continental Holdings, the parent of the airline, reported fourth-quarter earnings Travel BEST TRAVEL DEAL:
Citigroup Turns To Profit In Q4, Beats View; But Revenues Miss
Citigroup Inc. on Monday reported a turnaround to profit in the fourth quarter as the year-ago quarter’s results included the impact of a hefty charge related to the U.S. tax reform. The latest quarter’s results also benefited from a reduction … Read more…
China HGS Real Estate FY18 Profit Down 17% – Quick Facts
China HGS Real Estate Inc. (HGSH) reported Thursday that its fiscal 2018 net income declined 17 percent to $ 5.24 million from $ 6.33 million in the previous year. Net earnings per share were $ 0.12, compared to $ 0.14 … Read more…
The Profit: High Stakes and Caesars Entertainment
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Samsung Warns Of Lower Q4 Operating Profit
Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) expects that its fourth-quarter operating profit will decrease about 28.71 percent from last year, sales will also decline 10.58 percent, as demand for memory chips slumped in the quarter. RTT – Earnings BEST … Read more…
Lee Enterprises Q4 Profit Up 26.8% – Quick Facts
Lee Enterprises, Inc. (LEE), a provider of news, information and a major platform for advertising in 49 markets, on Friday reported fourth-quarter net income of $ 4.44 million or $ 0.07 per share, up from $ 3.50 million or $ … Read more…
Severn Trent H1 Profit Rises; Hikes Interim Dividend – Quick Facts
Severn Trent Plc (SVT.L), a UK water and waste water company, reported Thursday that its profit on ordinary activities before taxation for the six months ended 30 September 2018 rose to 203.6 million pounds from a restated 180.9 million pounds … Read more…
Compass Group FY18 Underlying Profit Rises; Hikes Dividend – Quick Facts
Food and support services company Compass Group Plc. (CPG.L, CMPGF.PK) said its profit before tax for the year ended September 30 2018 declined 2.6 percent to 1.52 billion pounds from 1.56 billion pounds in the prior-year period. Earnings per share … Read more…
Big Yellow Group Six-month Pre-tax Profit Down 22%; Hikes Interim Dividend
Big Yellow Group plc (BYG.L), a self storage company, reported Tuesday that its profit before tax was 61.4 million pounds for the six months ended 30 September 2018, down 22 percent from 78.7 million pounds in the prior year. Earnings … Read more…
Porsche 9-month Group Profit Up 25%; Lowers FY18 Profit Outlook – Quick Facts
Porsche Automobil Holding SE (POAHY.PK, POAHF.PK) reported Tuesday that it generated group profit of 2.67 billion euros in the nine months ended 30 September 2018, up about 25 percent from 2.14 billion euros in the prior year. RTT – Earnings … Read more…
Kohl’s Corp. Q3 Profit Tops Estimates, Comps. Up 2.5%; Raises Guidance
Kohl’s Corp. (KSS) reported third-quarter earnings per share, excluding loss on extinguishment of debt, of $ 0.98, an increase of 40% year-over-year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $ … Read more…
United Utilities H1 Profit Rises; Hikes Interim Dividend – Quick Facts
United Utilities Group PLC (UU.L, UUGRY.PK) reported profit before tax of 259.6 million pounds for the half year ended 30 September 2018, up from 242.3 million pounds in the year-ago period. Earnings per share were 31.2 pence, compared to 28.9 … Read more…
HICL 6-month Profit Up; Board Recommends Corporate Domicile Change To UK
HICL Infrastructure Company Limited (HICL.L) reported profit before tax of 192.6 million pounds for the six months ended 30 September 2018, up from 87.6 million pounds in the year-ago period. Earnings per share rose to 10.8 pence from 5.1 pence … Read more…
ThyssenKrupp Posts Profit In FY18; Says Cautiously Optimistic
German industrial and technology group thyssenKrupp AG reported Tuesday a profit in its fiscal year 2018, compared to a loss last year. On a continuing operations basis, profit plunged with weak sales. Order intake also declined. Looking ahead, thyssenkrupp said … Read more…
Mizuho Financial Group H1 Profit Up 13.4%; Affirms FY18 Outlook – Quick Facts
Japanese lender Mizuho Financial Group (MFG, MZHOF.OB) on Wednesday reported that its profit attributable to owners of the parent for the six months ended September 30, 2018 increased 13.4 percent to 359.36 billion Japanese yen from 316.65 billion yen in … Read more…
A.P. Møller-Mærsk Turns To Profit In Q3; Tightens FY18 EBITDA Outlook
A.P. Møller-Mærsk A/S (AMKAF.PK, AMKBF.PK) reported that its profit for the third quarter was $ 347 million or $ 17 per share, compared to loss of 1.55 billion or $ 75 per share in the prior-year quarter. RTT – Earnings … Read more…
Grainger FY Profit Rises; Announces Proposed Acquisition Of GRIP REIT
Grainger plc (GRI.L) reported profit before tax – continuing operations – of 100.7 million pounds for the year ended 30 September 2018 compared to 86.3 million pounds, previous year. Earnings per share – continuing operations – was 20.9 pence compared … Read more…
Merck KGaA Stock Dips On Weak Q3 Profit; Cuts FY18 EBITDA Pre View
Merck KGaA reported Wednesday a sharp decline in its third-quarter profit, while sales increased despite negative currency impacts. Further, the German drugmaker lowered its fiscal 2018 forecast for EBITDA pre, but confirmed organic EBITDA pre view. The company also lifted … Read more…
Tencent Q3 Profit Up 30% – Quick Facts
Tencent Holdings Limited (TCEHY.PK), a provider of Internet value added services in China, reported that its profit attributable to equity holders of the company for the third quarter was RMB 23.33 billion or $ 3.39 billion, an increase of 30 … Read more…
Cheniere Energy Partners Q3 Profit Surges; Results Beat View – Quick Facts
Cheniere Energy Partners LP (CQP) on Thursday reported a surge in profit for the third quarter from last year on higher revenues. Both revenue and earnings per unit beat analysts’ expectations. RTT – Earnings BEST DEAL UPDATE:
Vetsas Q3 Pre-tax Profit Declines; Affirms FY Revenue Outlook – Quick Facts
Vestas Wind Systems A/S (VWDRY.PK) reported Wednesday that its profit before tax for the third quarter declined to 238 million euros from 337 million euros in the same period last year. RTT – Earnings BEST DEAL UPDATE:
BMW Stock Down On Weak Q3 Profit; Confirms FY18 Outlook
Shares of BMW Group declined around 2 percent in German trading after the auto giant reported Wednesday weak profit in its third quarter, despite growth in revenues. Further, the company confirmed its fiscal 2018 forecast for lower profit and automotive … Read more…
Entercom Communications Q3 Profit Surges – Quick Facts
Entercom Communications Corp. (ETM) on Tuesday reported a surge in profit for the third quarter from last year on strong revenue growth and lower expenses. RTT – Earnings BEST DEAL UPDATE:
Apple Profit, Revenues Top Wall Street View, Outlook Disappoints; Shares Down 4%
Apple Inc. (AAPL) Thursday reported an earnings and revenues for the fourth quarter that trumped Wall Street estimates, helped by strong demand for its pricier iPhone X and XS. However, shares slipped over 4 percent in extended session after the … Read more…
GM offers 18K workers buyouts despite $2.5B profit
DETROIT — As General Motors reported a healthy $ 2.5 billion third-quarter profit, the Detroit automaker ramped up its cost-cutting efforts by offering buyouts to 18,000 white-collar workers. The company, while acknowledging it’s in good shape now, said Wednesday it … Read more…
Freddie Mac Q3 Profit Surges – Quick Facts
Mortgage provider Freddie Mac (FMCC.OB) reported that its net income attributable to common shareholders for the third quarter of 2018 was $ 147 million or $ 0.05 per share, up sharply from $ 21 million or $ 0.01 per share … Read more…
Konami H1 Profit Edges Up 0.1%; Affirms FY Outlook – Quick Facts
Konami Holdings Corp. (KNM), an entertainment and health fitness company, reported that its profit attributable to owners of the parent for the six months ended September 30, 2018 edged up 0.1 percent to 17.20 billion yen from 17.18 billion yen … Read more…
Volkswagen 9M Profit Climbs On Strong Deliveries; Backs FY18 View; Stock Up
Shares of Volkswagen Group were gaining around 4 percent in the early morning trading in Germany after the automaker reported Tuesday higher profit in the first nine months of fiscal 2018 with increased deliveries. Further, the company confirmed its fiscal … Read more…
Advantest H1 Profit Surges; Lifts FY Outlook – Quick Facts
Advantest Corp. (ATE) on Tuesday reported a surge in profit for the first half of fiscal 2018 from the prior year, reflecting strong revenue growth. RTT – Earnings BEST DEAL UPDATE:
Old Dominion Freight Line Q3 Profit Surges; Beats View – Quick Facts
Old Dominion Freight Line Inc. (ODFL) on Thursday reported a 69.5 percent surge in profit for the third quarter from last year on double-digit growth in revenues. Earnings per share for the quarter beat analysts’ estimates, while revenues matched expectations. … Read more…
Marcus Q3 Profit Up 47.9%, Beats View – Quick Facts
Marcus Corp. (MCS) Thursday reported third-quarter net earnings attributable to the company of $ 16.23 million, up 47.9 percent from $ 10.98 million a year ago. On a per share basis, earnings rose to $ 0.56 from $ 0.39 in … Read more…
Google Parent Alphabet Q3 Profit Rises, But Sales Miss View; Stock Down
Alphabet Inc. (GOOG, GOOGL), the parent company of Google, Thursday reported a surge in profit for the third quarter, driven largely revenue growth in search and advertising. Earnings for the quarter trumped Wall Street estimates easily, however, revenues fell short … Read more…
Microsoft Q1 Profit Tops Street – Update
Software giant Microsoft Corp. (MSFT), Wednesday reported an increased first-quarter profit that also trumped Wall Street’s estimates, as cloud business continues to surge. RTT – Top Story BEST DEAL UPDATE:
Swedbank third-quarter profit beats estimates thanks to a ‘bullish stock market’
Swedbank beat analysts' expectations in its third-quarter results on the back of lending growth and higher income from its asset management arm. Europe News BEST DEAL UPDATE:
Goldman Sachs Q3 Profit Tops Estimates; Revenue Up 4%
The Goldman Sachs Group, Inc. (GS) reported earnings per common share of $ 6.28 for the third quarter of 2018 compared to $ 5.02 for the third quarter of 2017. On average, 22 analysts polled by Thomson Reuters expected the … Read more…
Bank Of America Q3 Profit Surges On Asset Quality, Lower Tax Rate
Bank of America (BAC) reported that its third-quarter earnings per share was up 43% year-over-year to $ 0.66. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $ 0.62 for the quarter. … Read more…
Citigroup Q3 Profit Up 12%, Beats View; But Revenues Miss
Citigroup Inc. on Friday reported a 12 percent increase in profit for the third quarter from last year, as slightly lower revenues were more than offset by a lower tax rate as well as decline in cost of credit and … Read more…
Tesla outsold Mercedes-Benz in the US last quarter and might actually turn a profit before 2019
Despite all of the drama surrounding Elon Musk’s tussle with the SEC, and despite Tesla’s early troubles ramping up Model 3 production, the company has slowly but steadily improved production across its entire vehicular lineup. During the recent September quarter, … Read more…
Samsung Sees Record Operating Profit In Q3
Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) said it expects that its third-quarter operating profit will increase about 20.44 percent from last year, a record for any quarter, led by solid demand for its memory chips used in mobile devices. … Read more…
Ferguson FY Profit From Cont. Ops. Declines; Ongoing Organic Revenue Up 7.5%
Ferguson plc (FERG.L) reported profit from continuing operations for the year ended 31 July 2018 attributable to shareholders of $ 841 million compared to $ 1.05 billion, prior year. Earnings per share from continuing operations in cents was 339.8 compared … Read more…
PepsiCo Q3 Profit Tops Estimates, Organic Revenue Up 4.9%; Updates 2018 Targets
PepsiCo, Inc. (PEP) reported third-quarter core EPS of $ 1.59, an increase of 7 percent from prior year. Excluding the impact of foreign exchange translation, core constant currency EPS increased 9 percent. On average, 20 analysts polled by Thomson Reuters … Read more…
