W.P. Carey Maintains FY22 AFFO Outlook - Update

While reporting its financial results for the first quarter on Friday, net lease real estate investment trust W.P. Carey Inc. (WPC) maintained its adjusted funds from operations or AFFO guidance for the full-year 2022 in the range of $5.18 to $5.30 per share, including Real Estate AFFO of between $5.03 and $5.15 per share, based on full-year investment volume of between $1.5 billion and $2.0 billion.

from RTT - Earnings https://ift.tt/w75rsP9
via IFTTT

Read More »

Bristol-Myers Squibb Slashes FY22 EPS, Adj. EPS Outlook; Q1 Results Top Estimates

While reporting financial results for the first quarter on Friday, biopharmaceutical company Bristol-Myers Squibb Co. (BMY) slashed its earnings and adjusted earnings guidance for the full-year 2022, while maintaining annual revenue outlook.

from RTT - Earnings https://ift.tt/ZQsCepY
via IFTTT

Read More »

Colgate-Palmolive Maintains FY22 Earnings, Sales Growth Outlook - Update

While reporting financial results for the fourth quarter on Friday, Colgate-Palmolive Co. (CL) maintains its earnings, adjusted earnings and sales growth guidance for the full-year 2022.

from RTT - Earnings https://ift.tt/JOq31l0
via IFTTT

Read More »

Honeywell Boosts FY22 Adj. EPS, Sales Outlook - Update

While reporting financial results for the first quarter on Friday, technology company Honeywell international Inc. (HON) raised its adjusted earnings and sales guidance for the full-year 2022, based on the first-quarter performance and management's outlook for the remainder of the year.

from RTT - Earnings https://ift.tt/kKfaZJt
via IFTTT

Read More »

AstraZeneca Stock Down On Weak Q1 Profit; Backs FY22 View

Shares of AstraZeneca PLC were losing more than 1 percent in London trading and around 2 percent in pre-market activity on Nasdaq after the British drug major reported Friday sharply lower profit in its first quarter, despite increased revenues. Further, the company reiterated fiscal 2022 guidance at constant exchange rates. Core earnings per share is expected to increase by a mid-to-high twenties

from RTT - Earnings https://ift.tt/oJm3kXC
via IFTTT

Read More »

ACCD Guides Q1 Well Below Analysts' Estimates, ALNY Cuts Outlook, NVCR Braces For Busy Year

Alnylam Pharmaceuticals Inc. (ALNY) has lowered its 2022 guidance range for combined net product revenues based on the first quarter results. For full year 2022 the company now expects combined net product revenues to range between $870 million and $930 million, down from its prior guidance of $900 million to $1 billion.

from RTT - Earnings https://ift.tt/kpoXZm0
via IFTTT

Read More »

AstraZeneca Q1 Core Profit Rises, Revenue Up 60%: Reiterates FY22 Guidance At CER

AstraZeneca PLC (AZN.L, AZN) reported that its first-quarter core earnings per share increased 20% to $1.89. Core operating profit was $3.96 billion, up 60% from prior year.

from RTT - Earnings https://ift.tt/5j1qZ9L
via IFTTT

Read More »

Hershey Boosts FY22 Outlook - Update

While reporting financial results for the first quarter on Thursday, Hershey Co. (HSY) raised its adjusted earnings and net sales growth guidance for the full-year 2022, reflecting the strength of its performance in the first quarter and expectations for the balance of the year.

from RTT - Earnings https://ift.tt/R7Df9kM
via IFTTT

Read More »

Eli Lilly Q1 Results Top Estimates; Boosts FY22 Revenue Outlook

Drugmaker Eli Lilly and Co. (LLY) reported Thursday that net income for the first quarter increased about 40 percent to $1.90 billion or $2.10 per share from $1.36 billion or $1.49 per share in the year-ago quarter.

from RTT - Earnings https://ift.tt/Ecf8ijW
via IFTTT

Read More »

Stanley Black & Decker Cuts Earnings Guidance

While reporting first-quarter results on Thursday, Stanley Black & Decker (SWK) reduced its full year 2022 adjusted EPS guidance to $9.50 - $10.50 from prior guidance range of $12.00 - $12.50. The company lowered GAAP EPS guidance range to $7.20 - $8.30, from $10.10 - $10.70. Free cash flow is expected to be approximately $1.0 to $1.5 billion.

from RTT - Earnings https://ift.tt/TZJe5h6
via IFTTT

Read More »

TDOC Q1 Results Lag Estimates, STRM Q4 Revenue Soars 100%, RGEN Trims Revenue Outlook

Shares of Teladoc Health Inc. (TDOC) slumped in after-hours Wednesday, as the company's first-quarter loss and revenue missed analysts' estimates. The company has also provided a lackluster outlook for Q2 and full-year 2022.

from RTT - Earnings https://ift.tt/IsDz5dP
via IFTTT

Read More »

Barclays Plc Q1 Pretax Profit Declines; Group Income Up 10%

Barclays Plc (BARC.L, BCS) reported that its first-quarter profit before tax declined to 2.23 billion pounds from 2.40 billion pounds, prior year. Basic earnings per ordinary share was 8.4 pence compared to 9.9 pence. Total income increased to 6.50 billion pounds from 5.90 billion pounds. Barclays UK income increased 5%, for the quarter.

from RTT - Earnings https://ift.tt/l5rz9Di
via IFTTT

Read More »

Aker BP Q1 Net Profit Rises

Aker BP (DETNF) said it delivered record strong financial results for the first quarter 2022, driven by high oil and gas prices and by strong underlying performance. Net profit increased to $536.9 million from $127.0 million, prior year. Earnings per share was $1.49 compared to $0.35.

from RTT - Earnings https://ift.tt/QjTgS1v
via IFTTT

Read More »

KUKA Group Q1 EBIT Rises; Sales Revenues Up 18.3%

Kuka AG (KUKAY.PK, KUKAF.PK) reported that its first-quarter EBIT increased to 19.0 million euros from 8.2 million euros, prior year, with an EBIT margin of 2.2% compared to 1.1%.

from RTT - Earnings https://ift.tt/pNEFjQg
via IFTTT

Read More »

AMAM Awaits ACE-Breast-02 Study Data, CNC Posts Strong Q1 Results, EXAS Boosts Outlook

Ambrx Biopharma Inc. (AMAM), a clinical stage biopharmaceutical company developing Engineered Precision Biologics, has a couple of data readouts lined up for this year. The company's lead asset is ARX788, which is in three pivotal trials, dubbed ACE-Breast-02, ACE-Breast-03, and ACE-Gastric-02.

from RTT - Earnings https://ift.tt/norbPWO
via IFTTT

Read More »

Air Liquide Group Q1 Revenue Up 7.9% On Comparable Basis

Air Liquide Group (AIQUY.PK) reported first quarter sales of 6.9 billion euros, including 6.6 billion for Gas & Services. Sales were up 7.9% on a comparable basis and up 29% based on published figures, notably reflecting the sharp rise in energy prices contractually passed on to Large Industries customers. Gas & Services revenue increased by 7.1% on a comparable basis.

from RTT - Earnings https://ift.tt/WHFS8CI
via IFTTT

Read More »

JetBlue Airways Cuts Full-year Capacity Growth Outlook

JetBlue Airways Corp. (JBLU) said the company's first quarter results were characterized by a very strong demand acceleration, with revenue coming in more than six points ahead of its initial view in January. Revenue declined 7.2% year over three, compared to the company's guidance of a 6% to 9% decline year over three. The company noted that this was approximately 6 percentage points ahead of the midpoint of initial forecast of an 11% to 16% decline year over three, driven by pent-up demand that materialized beyond expectations. Capacity declined by 0.3% year over three, compared to the company's guidance for capacity to decline 1% year over three. Excluding one-time items, adjusted pre-tax loss of was $400 million in the first quarter of 2022 compared to adjusted pre-tax income of $70 million in the first quarter of 2019.

from RTT - Earnings https://ift.tt/1jATJ2M
via IFTTT

Read More »

First Commonwealth Financial Q1 Results Miss Estimates

First Commonwealth Financial Corp. (FCF) on Tuesday reported net income for the first quarter of $27.73 million or $0.29 per share, down sharply from $39.77 million or $0.41 per share in the year-ago quarter.

from RTT - Earnings https://ift.tt/v2IyzC3
via IFTTT

Read More »

GE Q1 Loss Narrows, Results Top Estimates

Industrial conglomerate General Electric Co. (GE) reported Tuesday a net loss for the first quarter that narrowed from last year, driven by continued recovery at Aviation and strong demand at Healthcare. Adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also maintained it outlook for the full-year 2022.

from RTT - Earnings https://ift.tt/yKPcQqN
via IFTTT

Read More »

United Parcel Service Reaffirms 2022 Guidance; To Double Share Repurchases For 2022

While reporting first-quarter results on Tuesday, United Parcel Service, Inc. (UPS) reaffirmed the company's full-year financial targets. The company continues to project consolidated revenue of about $102 billion, consolidated adjusted operating margin of approximately 13.7%, and dividend payments of about $5.2 billion. Also, UPS announced its plans to double the amount of share repurchases for 2022, taking the target to $2 billion for the year.

from RTT - Earnings https://ift.tt/olien75
via IFTTT

Read More »

UBS Stock Up On Higher Q1 Results

Shares of UBS Group AG were gaining around 3 percent in the morning trading in Switzerland after the banking giant reported Tuesday higher profit in its first quarter with increased operating income mainly in Investment Bank. Ralph Hamers, UBS Group CEO, said, "The first quarter was dominated by extraordinary geopolitical and macro events..."

from RTT - Earnings https://ift.tt/yhVBNdZ
via IFTTT

Read More »

Orange Group Q1 EBITDAaL Rises, Revenues Up 0.7%; Confirms 2022 Financial Objectives

Orange Group (ORAN) reported first quarter Group EBITDAaL of 2.62 billion euros, up 1.0% from a year ago. EBITDAaL from telecoms activities was 2.65 billion euros, up 0.9%.

from RTT - Earnings https://ift.tt/pQlWPyc
via IFTTT

Read More »

Twitter Up 5% In Pre-market On Reports Elon Musk Will Close Deal As Early As Monday

Shares of Twitter, Inc. (TWTR) are rising almost 5 percent in pre-market on Monday on reports that the microblogging site's board is set to accept an offer of $54.20 per share from Tesla founder and billionaire Elon Musk as early as Monday.

from RTT - Before the Bell https://ift.tt/o5KtNvs
via IFTTT

Read More »

Bank Of Marin Bancorp Q1 Profit Tops Estimates

Bank of Marin Bancorp (BMRC), parent company of Bank of Marin, reported Monday its net income for the first quarter of fiscal 2022 was $10.47 million or $0.66 per share, compared to $8.95 million or $0.66 per share in the prior-year quarter. Comparable earnings for the quarter were $0.68 per share.

from RTT - Earnings https://ift.tt/rdPnRqt
via IFTTT

Read More »

Coca-Cola Q1 Profit Increases 24%, Results Top Estimates

Beverages giant Coca-Cola reported Monday that profit for the first quarter increased 24 percent from last year, drive by a double digit revenue growth of 16 percent, partially offset by an increase in marketing investments and currency headwinds. Both adjusted earnings per share and revenues topped analysts' expectations. The company also maintained its outlook for the full-year 2022.

from RTT - Earnings https://ift.tt/AjXYb3h
via IFTTT

Read More »

Bank Of Hawaii Q1 Profit Declines 9 Percent

Bank of Hawaii Corp. (BOH) reported that its net income for the first quarter of 2021 was $54.83 million or $1.32 per share, down from $59.95 million or $1.50 per share in the prior-year quarter.

from RTT - Earnings https://ift.tt/E5Yy7SI
via IFTTT

Read More »

Philips Stock Down On Q1 Loss, Weak Comparable Sales

Shares of Philips Electronics NV were losing around 11 percent in the morning trading in Amsterdam as well as in pre-markect activity on the NYSE after the Dutch consumer electronics giant reported Monday a loss in its first quarter, compared to prior year's profit, hit by weak comparable sales. The results were hurt by very challenging circumstances, with significant supply chain headwinds

from RTT - Earnings https://ift.tt/Qu86tGZ
via IFTTT

Read More »

Verizon Q1 Adj. Profit Declines; Now Sees FY22 Adj. EPS At Lower End Of Guidance Range

Verizon Communications Inc. (VZ) reported a year-on-year decline of 0.7% in its first-quarter adjusted earnings per share. Operating revenue increased 2.1% from last year. The company said its performance produced best broadband result in over a decade, a surge in upgrades and increased wireless service revenue growth.

from RTT - Earnings https://ift.tt/nUYStKe
via IFTTT

Read More »

Kimberly-Clark Boosts FY22 Sales Growth Outlook - Update

While reporting financial results for the first quarter on Friday, consumer products firm Kimberly-Clark Corp. (KMB) initiated its adjusted earnings guidance for the full-year 2022, while raising annual sales growth outlook.

from RTT - Earnings https://ift.tt/L3Dx82Y
via IFTTT

Read More »

American Express Reaffirms Full-year Guidance

American Express Company (AXP) said the company's first quarter results were in line with its expectations for the full year. The company reaffirmed its full-year guidance of 18 to 20 percent revenue growth and earnings per share between $9.25 and $9.65. Analysts polled by Thomson Reuters expect the company to report profit per share of $9.71. Analysts' estimates typically exclude special items.

from RTT - Earnings https://ift.tt/CpJBNeI
via IFTTT

Read More »

Volvo Group Q1 Adj. Operating Income Rises; Adj. Sales Up 11%

Volvo Group (VOLVY.PK) reported that its economic activity continued to be good in first quarter 2022 with high transport volumes and good construction activity in most markets. Compared with a year ago, the company recorded higher adjusted operating income mainly due to price realization and improved vehicle and service volumes.

from RTT - Earnings https://ift.tt/WjZUCAL
via IFTTT

Read More »

Quest Diagnostics Boosts FY22 Outlook - Update

While reporting financial results for the first quarter on Thursday, Quest Diagnostics Inc. (DGX) raised its earnings, adjusted earnings and revenue guidance for the full-year 2022, based on its strong performance in the quarter and expectations for the remainder of 2022.

from RTT - Earnings https://ift.tt/6Qw5mjP
via IFTTT

Read More »

Xerox Maintains Revenue, Cash Flow Outlook; To Return At Least 50% Of Free Cash Flow To Shareholders

While reporting first-quarter results on Thursday, Xerox Holdings Corporation (XRX) said it is maintaining revenue and cash flow guidance for 2022. The company's guidance

from RTT - Earnings https://ift.tt/2o7dmez
via IFTTT

Read More »

Dover Maintains FY22 Adj. EPS And Revenue Growth Outlook - Update

While reporting financial results for the first quarter on Thursday, diversified manufacturer Dover Corp. (DOV) maintained its adjusted earnings and revenue growth guidance for the full-year 2022.

from RTT - Earnings https://ift.tt/F3zOSBi
via IFTTT

Read More »

Alaska Air Group Cuts Full Year Capacity Expectations; Issues Q2 Outlook

Alaska Air Group (ALK) reduced its full year 2022 capacity expectations from up 1% to 3% versus 2019, to flat to down 3% versus 2019. As a result, the company now expects full year 2022 CASMex to be up 6% to 8% compared to prior expectation of up 3% to 5%.

from RTT - Earnings https://ift.tt/8r2IPaE
via IFTTT

Read More »

ABB Q1 Profit Climbs, Sees Steady Margin Improvement In FY22; Stock Up

Shares of ABB Ltd. were gaining more than 5 percent in Switzerland trading as well as in pre-market activity on the NYSE after the engineering company reported Thursday higher first-quarter profit. For fiscal 2022, the company expects a steady margin improvement towards the 2023 target of at least 15 percent, supported by increased efficiency.

from RTT - Earnings https://ift.tt/6HGVWgF
via IFTTT

Read More »

Abbott Q1 EPS, Sales Rise, ANTM Hits All-time High, Healthcare Services' Q1 Results Trump Estimates

Shares of health company Anthem Inc. (ANTM) touched an all-time high of $532.16 in intraday trading yesterday, thanks to the strong financial performance in the first quarter of 2022.

from RTT - Earnings https://ift.tt/VrGDFUy
via IFTTT

Read More »

Nestlé Q1 Organic Growth In Sales At 7.6%; Confirms 2022 Outlook

Nestlé (NSRGY.PK, NSTR.L) reported that its first-quarter organic growth in sales was 7.6%, with real internal growth or RIG at 2.4%. Pricing increased to 5.2% to reflect significant cost inflation. Organic growth now excludes the Russia region. The Group said growth was broad-based across most geographies and categories. Organic growth was 6.7% in developed markets, while it was 8.8% in emerging markets. Total reported sales increased by 5.4% to 22.2 billion Swiss francs.

from RTT - Earnings https://www.rttnews.com/3276976/nestlé-q1-organic-growth-in-sales-at-7-6-confirms-2022-outlook.aspx?type=ern
via IFTTT

Read More »

Abbott: FY22 Adj. EPS Guidance Remains Unchanged

While reporting first-quarter results on Wednesday, Abbott (ABT) said it continues to expect fiscal 2022 adjusted earnings per share of at least $4.70. The company noted that its 2022 guidance includes projected COVID-19 testing-related sales of approximately $4.5 billion, which Abbott expects to largely occur in the first half of the year and will update on a quarterly basis. Analysts polled by Thomson Reuters expect the company to report profit per share of $4.83. Analysts' estimates typically exclude special items.

from RTT - Earnings https://ift.tt/9aVRMcv
via IFTTT

Read More »

Nasdaq Q1 Results Top Estimates, Boosts Dividend 11%

Technology company Nasdaq Inc. (NDAQ) reported Wednesday that its net income for the first quarter declined to $283 million or $1.70 per share from $298 million or $1.78 per share in the prior-year quarter.

from RTT - Earnings https://ift.tt/l7vNbrH
via IFTTT

Read More »

Heineken Q1 Profit Climbs, Backs FY22 Margin View; Stock Up

Shares of Heineken NV were gaining more than 4 percent in Amsterdam trading after the Dutch brewer reported Wednesday higher first-quarter profit with increased volume in all regions, mainly Europe. Looking ahead for fiscal 2022, the company maintained its outlook of a stable to modest sequential improvement in operating profit margin (beia).

from RTT - Earnings https://ift.tt/Yu46KFR
via IFTTT

Read More »

P&G Q3 Results Top View; Backs FY22 Core EPS Outlook

Consumer goods giant Procter & Gamble Co. (PG) reported on Wednesday that profit for the third quarter increased three percent from last year, driven by net sales growth across all its operating segments, partially offset by a slight reduction in operating margin. Both earnings per share and revenues for the quarter beat analysts' estimates.

from RTT - Earnings https://ift.tt/QS9RXjf
via IFTTT

Read More »

MarketAxess Q1 Profit Declines, But Tops Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Wednesday that its first-quarter net income declined to $64.77 million or $1.71 per share from $80.46 million or $2.11 per share in the prior-year quarter.

from RTT - Earnings https://ift.tt/W7UZMqg
via IFTTT

Read More »

International Business Machines Q1 Results Beat Street View

International Business Machines Corp. (IBM) Tuesday reported results for the first quarter, with both earnings and revenues trumping Wall Street estimates.

from RTT - Earnings https://ift.tt/VHJ96dM
via IFTTT

Read More »

Hasbro Now Targets Mid-single Digit Adj. Operating Profit Growth In FY22

While reporting first-quarter results on Tuesday, Hasbro, Inc. (HAS) said, the company has a plan for continued growth in 2022, including low-single digit revenue growth despite the strengthening of the U.S. dollar and potential risk of approximately $100 million in Russia. The company now targets mid-single digit growth in operating profit to achieve adjusted operating profit margin of 16%, which is above prior guidance; and operating cash flow in the range of $700 to $800 million.

from RTT - Earnings https://ift.tt/CaFEeGW
via IFTTT

Read More »

Johnson & Johnson Suspends Guidance On Its COVID-19 Vaccine Sales

While reporting first-quarter results on Tuesday, Johnson & Johnson (JNJ) said, given global supply surplus and demand uncertainty, it is suspending COVID-19 Vaccine sales guidance. The company maintained 2022 full-year guidance for adjusted operational earnings per share and base business operational sales.

from RTT - Earnings https://ift.tt/JIMHmC9
via IFTTT

Read More »

Charles Schwab Q1 Profit Misses Estimates

The Charles Schwab Corporation (SCHW) posted first quarter adjusted earnings per share of $0.77 compared to $0.84, a year ago. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.84, for the quarter. Analysts' estimates typically exclude special items.

from RTT - Earnings https://ift.tt/agIZOJm
via IFTTT

Read More »

Bank Of America Q1 Profit Beats Estimates; Revenue Up 2%

Bank of America (BAC) reported that its first quarter pretax income declined 14% year-on-year to $7.9 billion reflecting a smaller reserve release than the first quarter of prior year. Net interest income was up $1.4 billion, or 13%, to $11.6 billion, driven by strong deposit growth and investment of excess liquidity, loan growth and benefits from higher long-end interest rates. Noninterest income declined $968 million, or 8%, to $11.7 billion, primarily driven by lower investment banking revenue.

from RTT - Earnings https://ift.tt/i20x5RN
via IFTTT

Read More »

Citigroup Q1 Net Income Declines; Revenues Down 2%

Citigroup Inc. (C) said its first quarter net income of $4.3 billion decreased 46% from the prior-year period, driven by higher cost of credit, higher expenses, and the lower revenues. The company noted that its results for the quarter included Asia Consumer divestiture-related impacts of approximately $677 million, recorded in Legacy Franchises. Earnings per share of $2.02 decreased 44% from the prior-year period, reflecting the lower net income, partly offset by a 6% decline in shares outstanding.

from RTT - Earnings https://ift.tt/0tVgqTU
via IFTTT

Read More »

Ally Financial Q1 Profit Tops Estimates

Ally Financial Inc. (ALLY) reported that its first-quarter net income attributable to shareholders declined to $627 million from $796 million, a year ago, as higher net financing revenue was more than offset by higher provision for credit losses, higher noninterest expenses and lower other revenue. GAAP earning per share was $1.86 compared to $2.11.

from RTT - Earnings https://ift.tt/d5XcHyN
via IFTTT

Read More »

Goldman Sachs Q1 Results Down, Yet Top Consensus

Goldman Sachs Group Inc. (GS), on Thursday, reported lower profit for the first quarter, reflecting a 27% decline in total net revenues. However, both the top and the bottom lines surpassed the Street consensus estimate.

from RTT - Earnings https://ift.tt/S1o53eg
via IFTTT

Read More »

Wells Fargo & Company Q1 Net Income Declines

Wells Fargo & Company (WFC) said its results in the first quarter reflected the continued economic recovery and the progress it has made on strategic priorities. Credit quality remained strong and results included a $1.1 billion or $0.21 per share pre-tax reduction in the allowance for credit losses.

from RTT - Earnings https://ift.tt/Z4HimzM
via IFTTT

Read More »

UnitedHealth Group Raises Full Year Earnings Outlook - Quick Facts

While reporting first-quarter results on Thursday, UnitedHealth Group (UNH) increased its full year net earnings outlook to $20.30 to $20.80 per share and adjusted net earnings to $21.20 to $21.70 per share. Analysts polled by Thomson Reuters expect the company to report profit per share of $21.60. Analysts' estimates typically exclude special items.

from RTT - Earnings https://ift.tt/PM6ZliQ
via IFTTT

Read More »

Shaw Communications Q2 Profit Declines

Shaw Communications Inc. (SJR) announced 9.7 percent decline in second-quarter net profit, while revenues were down 2.0 percent from the previous year.

from RTT - Earnings https://ift.tt/CScWJIV
via IFTTT

Read More »

Why Bed Bath & Beyond Stock Falling In Pre-market?

Bed Bath & Beyond Inc. (BBBY) posted a fourth quarter comparable sales decline of 12% impacted by ongoing supply chain and inventory availability challenges. Bed Bath & Beyond banner comparable sales were down 15%, for the quarter. The buybuy BABY banner delivered positive growth with comparable sales increasing in the low-single digits. Fourth quarter adjusted gross margin was 28.8%, reflecting a 360 basis point negative impact from transient supply chain headwinds and a 40 basis point decrease in merchandise margins compared to last year. Excluding the supply chain cost escalations, adjusted gross margin was 32.4%, for the quarter.

from RTT - Earnings https://ift.tt/pfK0nSd
via IFTTT

Read More »

JPMorgan Chase Q1 Profit Falls, EPS Misses View

US investment bank JPMorgan Chase & Co. (JPM), on Wednesday, reported a lower profit for the first quarter, largely reflecting a net credit reserve build of $902 million compared to a net credit reserve release of $5.2 billion in the prior year.

from RTT - Earnings https://ift.tt/uLTSk7s
via IFTTT

Read More »

Delta Air Lines Posts Adj. Loss In Q1; Revenue Recovery To Accelerate To 93-97% In Q2

Delta Air Lines (DAL, DALRQ.PK) posted an adjusted operating loss of $793 million and adjusted loss per share of $1.23, for the first quarter. Compared to the March quarter 2019, total passenger revenue was 75 percent recovered on system capacity that was 83 percent restored. Domestic passenger revenue was 83 percent recovered, and international passenger revenue was 54 percent restored in the March quarter.

from RTT - Earnings https://ift.tt/7oIgPp3
via IFTTT

Read More »

Tesco FY Adj. Operating Profit Rises; Revenue Up 6.0%

Tesco PLC (TSCO.L, TSCDY.PK) said its fiscal 2021/22 Group adjusted operating profit grew by 58.9% at constant rates, reflecting the strong sales performance across the retail businesses, a reduction in COVID-19 related costs and a return to profitability in Tesco Bank. Group sales increased by 3.0% at constant rates, with growth across all regions. Revenue increased by 6.4% at constant rates including fuel sales growth of 48.1%.

from RTT - Earnings https://ift.tt/OM8NCVS
via IFTTT

Read More »

Albertsons Cos. Guides FY21 Adj. EPS In Line; Q4 Results Top Estimates

While reporting financial results for the fourth quarter on Tuesday, food and drug retailer Albertsons Companies, Inc. (ACI) initiated its adjusted earnings and identical sales guidance for the full-year 2022.

from RTT - Earnings https://ift.tt/jzQ5u2n
via IFTTT

Read More »

CarMax Raises Long-Term Targets

CarMax, Inc. (KMX) said the company now targets to sell between 2 million and 2.4 million vehicles through its combined retail and wholesale channels by fiscal 2026. The company also expects to generate between $33 billion and $45 billion in revenue by fiscal 2026. CarMax re-affirmed the growth of its nationwide share of the age 0-10 used vehicle market to more than 5% by the end of calendar 2025.

from RTT - Earnings https://ift.tt/zAw53Ht
via IFTTT

Read More »

Lamb Weston Affirms FY22 Sales Growth Outlook; Q3 Results Top Estimates

While reporting financial results for the third quarter on Thursday, Lamb Weston Holdings, Inc. (LW) said it now continues to project net sales growth for the full-year 2022 to be above its long-term target range of low-to-mid single digits.

from RTT - Earnings https://ift.tt/RDunc4Z
via IFTTT

Read More »

Conagra Brands Guides Q4 Adj. EPS Below View; Cuts FY22 Adj. EPS Outlook

While reporting financial results for the third quarter on Thursday, branded food company Conagra Brands, Inc. (CAG) provided its adjusted earnings and organic net sales growth guidance for the fourth quarter. The company also lowered its adjusted earnings outlook for the full-year 2022.

from RTT - Earnings https://ift.tt/rWaYRG2
via IFTTT

Read More »

Apogee Enterprises Guides FY23 Adj. EPS In Line With Estimates; Q4 Results Top View

While reporting financial results for the fourth quarter on Thursday, Apogee Enterprises, Inc. (APOG) initiated adjusted earnings guidance for the full-year 2023, in line with analysts' estimates.

from RTT - Earnings https://ift.tt/HDm46py
via IFTTT

Read More »

Schnitzer Steel Industries Q2 Profit Meets Estimates

Schnitzer Steel Industries reported Wednesday that profit for the second quarter declined from last year, hurt by lower revenues amid supply chain disruptions and inflationary pressure on operating costs. Adjusted net income per share from continuing operations met analysts' estimates, while quarterly revenues topped it.

from RTT - Earnings https://ift.tt/9rdo34G
via IFTTT

Read More »

Tilray Swings To Profit In Q3

Cannabis cultivator Tilray, Inc. (TLRY, TLRY.TO) reported Wednesday a third-quarter net income attributable to stockholders of Tilray of $43.19 million or $0.09 per share, compared to a net loss of $273.52 million or $1.03 per share in the prior-year quarter.

from RTT - Earnings https://ift.tt/dJDaMWz
via IFTTT

Read More »

RPM Q3 Results Top Estimates; Guides Q4 Sales Below Estimates

RPM International, Inc. (RPM) reported Wednesday that net income attributable to RPM for the third quarter declined to $33.02 million or $0.25 per share from $38.24 million or $0.29 per share in the prior-year quarter. Excluding special items, adjusted earnings for the quarter was $0.38 per share.

from RTT - Earnings https://ift.tt/rAkXYBa
via IFTTT

Read More »