Be a Smart Investor: August 2023

Thursday, August 31, 2023

Patterson Reaffirms FY24 Outlook - Update

While reporting financial results for the first quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) reaffirmed its earnings and adjusted earnings guidance for the full-year 2024.

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

Conn's Posts Loss In Q2; Same Store Sales Down 15.4%

Conn's, Inc. (CONN) posted a second quarter net loss of $33.5 million, or $1.39 per share, compared to net income of $2.1 million, or $0.09 per share or adjusted net income of $1.0 million, or $0.04 per share, a year ago. The company noted that there were no non-GAAP adjustments for the three months ended July 31, 2023. On average, three analysts polled by Thomson Reuters expected the company to a loss per share of $1.53, for the quarter. Analysts' estimates typically exclude special items.

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

NAPCO Security Technologies Boosts Quarterly Dividend 28%

While reporting financial results for the fourth quarter on Tuesday, NAPCO Security Technologies, Inc. (NSSC) announced a 28 percent higher quarterly dividend of $0.08 per share, payable on September 22, 2023 to shareholders of record on September 1, 2023.

from RTT - Earnings https://ift.tt/2EgtG4M
via IFTTT

Big Lots Guides Q3, Q4 Comp Sales - Update

While reporting financial results for the second quarter on Tuesday, home discount retailer Big Lots, Inc. (BIG) provided comparable sales growth guidance for the third and the fourth quarters.

from RTT - Earnings https://ift.tt/534ItxM
via IFTTT

J. M. Smucker Boosts FY24 Adj. EPS Outlook - Update

While reporting financial results for the first quarter on Tuesday, consumer goods company J. M. Smucker Co. (SJM) raised its adjusted earnings guidance for the full-year 2024, while maintaining annual net sales growth outlook.

from RTT - Earnings https://ift.tt/yn9cKer
via IFTTT

GMS Q1 Earnings Down, While Adj. EPS, Sales Beat View; Stock Up In Premarket

GMS Inc. (GMS), a building products distributor, on Thursday reported lower earnings in the first quarter of fiscal 2024. However, adjusted earnings beat analysts' estimates with higher revenues, also above market.

from RTT - Before the Bell https://ift.tt/W0hzdso
via IFTTT

Hormel Foods Projects Q4 EPS To Decline YoY; Expects Modest Volume Growth

Hormel Foods Corp. (HRL) said the company expects its fourth quarter net earnings per share to be down from last year, reflecting continued weakness in the International segment and lower Retail segment results. The company projects fourth quarter net sales to be between $3.1 billion and $3.6 billion. Hormel Foods expects modest volume growth in the fourth quarter.

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

InflaRx: EMA Reviews MAA For Vilobelimab For Critically Ill COVID-19 Patients; Stock Up In Premarket

InflaRx N.V. (IFRX), a biotechnology company pioneering anti-inflammatory therapeutics targeting the complement system, Wednesday said the European Medicines Agency or EMA has validated its Marketing Authorization Application or MAA for Vilobelimab to treat Critically Ill COVID-19 Patients.

from RTT - Before the Bell https://ift.tt/TXqWd3i
via IFTTT

REX American Resources Q2 Profit Declines

REX American Resources Corp. (REX) on Wednesday reported that second-quarter net income attributable to REX common shareholders declined to $9.06 million or $0.52 per share from $11.17 million or $0.63 per share in the prior-year quarter.

from RTT - Earnings https://ift.tt/q04bFwO
via IFTTT

Patterson Reaffirms FY24 Outlook - Update

Conn's Posts Loss In Q2; Same Store Sales Down 15.4%

Dollar Tree Tightens FY23 EPS Outlook Range; Increases Sales Outlook Range

Dollar Tree, Inc. (DLTR) said the company is bringing in the high and low end of its fiscal 2023 outlook range for EPS to better reflect the balance of opportunities and risks in the current operating environment. EPS is expected to range from $5.78 to $6.08, including the $0.12 charge for the legal reserve taken in the first quarter and the impact of the 53rd week. Consolidated net sales are now expected to range from $30.6 billion to $30.9 billion. The company expects to deliver a mid-single-digit comparable store sales increase for the year, comprised of a mid-single-digit increase in the Dollar Tree segment and a mid-single-digit increase in the Family Dollar segment.

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

NIO Inc. Q2 Loss Sharply Widens; Total Revenues Up 14.8%

NIO Inc. (NIO) reported on Tuesday a second quarter net loss attributable to NIO's ordinary shareholders of RMB 6.12 billion or $835.13 million, sharply wider than RMB 2.75 billion in the prior-year quarter. Net loss per ADS was RMB 3.70, compared with a loss of RMB 1.68.

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

Donaldson Company Inc. Q4 Profit Drops, Inline With Estimates

Donaldson Company Inc. (DCI) announced earnings for fourth quarter that decreased from last year in line with the Street estimates.

from RTT - Earnings https://ift.tt/o25zPF8
via IFTTT

Hersha Hospitality To Be Acquired By KSL Capital For Around $1.4 Bln; Stock Up In Pre-market

Hersha Hospitality Trust (HT), a resort and hotel chain, announced a Monday, that it has signed a definitive merger agreement where affiliates of investment company KSL Capital Partners, LLC will acquire all outstanding shares of Hersha for around $1.4 billion.

from RTT - Before the Bell https://ift.tt/97YPQ0L
via IFTTT

Novocure: Phase 3 Trial In Platinum-resistant Ovarian Cancer Fails To Meet Main Goal; Stock Down

Novocure (NVCR) said Monday that the phase 3 ENGOT-ov50 / GOG-3029 / INNOVATE-3 clinical trial of Tumor Treating Fields together with paclitaxel in patients with platinum-resistant ovarian cancer did not meet its primary endpoint of overall survival at the final analysis.

from RTT - Before the Bell https://ift.tt/ZCFqU2k
via IFTTT

Walmart Q2 Profit Up 53%; Results Top Estimates

Retail giant Walmart reported Thursday a net profit for the second quarter that surged 53.3 percent from last year, reflecting improved gross margins and revenue growth. The results were also driven by the rebound in international markets. Both adjusted earnings per share and revenues topped analysts' expectations. The retailer also raised its adjusted earnings guidance for the full-year 2024.

from RTT - Earnings https://ift.tt/VcZpy9q
via IFTTT

Williams-Sonoma Slashes FY23 Revenue Outlook As Q2 Revenues Miss Estimates

Luxury home furnishing retailer Williams-Sonoma Inc. (WSM) reported Wednesday second-quarter net earnings of $201.51 million or $3.12 per share, down from $267.08 million or $3.87 per share in the prior-year quarter.

from RTT - Earnings https://ift.tt/x43L2wI
via IFTTT

Foot Locker Q2 Adj. EPS Meets Estimates; Stock Down 27% As FY23 Outlook Slashed

Specialty athletic retailer Foot Locker, Inc. (FL) reported Wednesday a second-quarter net loss of $5 million or $0.05 per share, compared to net income of $94 million or $0.99 per share in the prior-year quarter.

from RTT - Earnings https://ift.tt/n5b7YPi
via IFTTT

Fulcrum Says FDA Lifts Clinical Hold On FTX-6058 For Sickle Cell Disease; Stock Climbs In Premarket

Fulcrum Therapeutics, Inc. (FULC) announced Tuesday that the U.S. Food and Drug Administration has lifted the clinical hold on the Investigational New Drug or IND application for FTX-6058 for the potential treatment of sickle-cell disease or SCD.

from RTT - Before the Bell https://ift.tt/7stYI8K
via IFTTT

Coty Guides FY24 Adj. EPS A Tad Below Estimates - Update

While reporting financial results for the fourth quarter on Tuesday, Coty Inc. (COTY) initiated its adjusted earnings guidance for the full-year 2024, a tad below analysts' estimates.

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

Baidu, Inc. Q2 Profit Rises; Total Revenues Up 15%

Baidu, Inc. (BIDU) reported second-quarter net income attributable to Baidu of RMB 5.2 billion, and earnings per ADS of RMB 14.17 compared to RMB 3.6 billion or RMB 9.97 per ADS, last year. Net income attributable to Baidu Core was RMB 5.0 billion, up 35%.

from RTT - Earnings https://ift.tt/LroQVE8
via IFTTT

Woodside Energy H1 Profit, Production Climb; Stock Down

Australia's Woodside Energy Group Ltd. (WOPEF.PK, WOPEY.PK, WPL.AX) reported that its first-half net profit after tax was $1.74 billion, up 6 percent from last year's $1.64 billion.

from RTT - Earnings https://ift.tt/xl5ov64
via IFTTT

Estee Lauder Guides FY24 Well Above Estimates - Update

While reporting financial results for the fourth quarter on Thursday, Estee Lauder Cos., Inc. (EL) initiated its earnings and adjusted earnings guidance for the full-year 2024, well above estimates, and provided outlook for the first quarter, well below estimates.

from RTT - Earnings https://ift.tt/3lsIQUw
via IFTTT

Walmart Q2 Profit Up 53%; Results Top Estimates

Tapestry Q4 Results Miss Estimates; Sees FY24 Adj. Earnings, Net Sales Above Market - Update

Tapestry, Inc. (TPR), a house of accessories and lifestyle brands, Thursday issued fiscal 2024 outlook, expecting higher earnings and revenues than last year.

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

Home Depot Reaffirms FY23 Guidance; Board Authorizes $15 Bln Share Repurchase Program

The Home Depot (HD) said, for fiscal 2023, the company continues to project: sales and comparable sales to decline between 2% and 5%; operating margin rate to be between 14.3% and 14.0%; and earnings per share percent decline between 7% and 13% compared to fiscal 2022.

from RTT - Earnings https://ift.tt/7qgS3v6
via IFTTT

Target, TJX Q2 Earnings Top Estimates

Retailers Target and TJX reported Wednesday profits for the second quarter that topped analysts' estimates. Profit soared more than four-fold at Target, reflecting improved gross margins, despite a 4.9 percent drop in revenues. Profit at TJX grew from last year, driven by improved gross margins and revenue growth.

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

Performance Food Q4 Profit Meets View, Sales Miss; Issues Q1, FY24 Outlook; Backs FY25 Targets

Performance Food Group Co. (PFGC) Wednesday reported higher earnings in its fourth quarter in line with market, while top line missed view, despite growth. Further, the company issued outlook for first quarter and fiscal 2024, and maintained fiscal 2025 targets.

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

TJX Companies Boosts FY24 Outlook - Update

While reporting financial results for the second quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings outlook for the third and fourth quarters, while raising its earnings guidance for the full-year 2024.

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

Target Q2 Earnings Beat Market; Issues Q3 View, Cuts FY23 Forecast; Stock Climbs In Premarket

While reporting higher earnings above market despite weak revenues in its second quarter, discount retailer Target Corp. (TGT) on Wednesday issued third-quarter earnings view and lowered forecast for fiscal 2023 earnings.

from RTT - Before the Bell https://ift.tt/84X52FT
via IFTTT

TransDigm Group Boosts FY23 Outlook - Update

While reporting financial results for the third quarter on Tuesday, TransDigm Group Inc. (TDG) raised its earnings, adjusted earnings and net sales guidance for the full-year 2023, based on continued strong performance of the company.

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

Tencent Music Q2 Profit Rises; Revenues From Online Music Services Up 47.6%

Tencent Music Entertainment Group (TME) reported that its second-quarter net profit attributable to equity holders was RMB 1.30 billion, representing 51.6 percent year-over-year growth. Earnings per ADS was RMB 0.82 compared to RMB 0.53. Non-IFRS net profit attributable to equity holders was RMB 1.53 billion, representing 48.6% year-over-year growth. Non-IFRS earnings per ADS was RMB 0.97 compared to RMB 0.63.

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

YETI Holdings Shares Up Over 12% As Q2 Earnings Beat Estimates; Annual Outlook Above View

Shares of YETI Holdings, Inc. (YETI) were up in the pre-market trade on Thursday after the company's second-quarter earnings beat the estimates. The shares were also helped by a revision in the firm's full year 2023 earnings outlook, above analysts' view.

from RTT - Before the Bell https://ift.tt/1hMjT4i
via IFTTT

Alibaba Q1 Results Top Estimates

Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday net income for the first quarter that surged 51 percent from last year, driven revenue growth across all operating segments as well as lower costs and expenses.

from RTT - Earnings https://ift.tt/JYNTL5F
via IFTTT

Ralph Lauren Reiterates FY23 Revenue Growth Outlook - Update

While reporting its financial results for the first quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenues to be flat to up slightly in constant currency for the second quarter.

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

HanesBrands Slashes FY23 Outlook - Update

While reporting financial results for the second quarter on Thursday, basic apparel maker HanesBrands, Inc. (HBI) provided earnings and net sales guidance for the third quarter, and lowered its earnings and sales forecast for the full-year 2023.

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

Siemens Posts Q3 Profit, Orders Up; Confirms FY23 View; Stock Down

German conglomerate Siemens AG reported Thursday a profit in its third quarter, compared to last year's loss, with significant growth in revenues and orders. Meanwhile, Profit Industrial Business and margin declined from last year. Further, the company backed its forecast for group earnings and revenue growth, but trimmed its comparable revenue growth view for Digital Industries.

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

Galera Gets CRL From FDA For Avasopasem Manganese, To Cut 70% Jobs; Stock Down In Premarket

Galera Therapeutics, Inc. (GRTX), a clinical-stage biopharmaceutical company focused on cancer treatment, announced Thursday that it has received a Complete Response Letter or CRL from the U.S. Food and Drug Administration regarding its New Drug Application or NDA for avasopasem manganese (avasopasem). According to the agency, the given trial data is not sufficient, and that results from an additional clinical trial will be required for resubmission.

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

Novo Nordisk H1 Net Profit Rises, Sales Up 29%; Increases Full Year Outlook

Novo Nordisk A/S (NVO) reported first-half net profit of 39.2 billion Danish kroner, an increase of 43% from last year. Earnings per share was 17.41 kroner compared to 12.08 kroner. Operating profit increased by 30% in Danish kroner and by 32% at constant exchange rates to 48.9 billion kroner.

from RTT - Earnings https://ift.tt/jtp5nV0
via IFTTT

CAE Q1 Earnings Surges

Aerospace and defense simulation training and critical operations support solutions provider CAE Inc. (CAE.TO, CAE) Wednesday announced a surge in first-quarter earnings compared to the prior year.

from RTT - Earnings https://ift.tt/QhB8q9L
via IFTTT

Southwest Gas Q2 Results Top Estimates

Southwest Gas Holdings, Inc. (SWX) reported Wednesday net income for the second quarter of $28.88 million or $0.40 per share, compared to a net loss of $6.58 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings per share were $0.47 per share, compared to $0.23 per share last year.

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

ODP Corp. Boosts FY23 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Tuesday, The ODP Corp. (ODP) raised its adjusted earnings guidance for the full-year 2023, while lowering annual sales outlook.

from RTT - Earnings https://ift.tt/8tBX2Wj
via IFTTT

Waters Slashes FY23 Outlook - Update

While reporting financial results for the second quarter on Wednesday, specialty measurement company Waters Corp. (WAT) slashes its adjusted earnings and sales growth outlook for the full-year 2023 and provided guidance for the third quarter.

from RTT - Earnings https://ift.tt/0aH48tB
via IFTTT

UPS Q2 Results Down, Cuts FY23 View Below Market; Stock Down In Premarket

United Parcel Service, Inc. (UPS), while announcing weak second-quarter results, on Tuesday trimmed fiscal 2023 forecast for revenue and adjusted operating margin.

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

Fraport Stock Up On H1 Profit, Upbeat FY23 Earnings View

Shares of Fraport Group were gaining around 8 percent in the morning trading in Germany after the airport operator reported Tuesday a profit in its first half, compared to last year's loss, with strong passenger demand. The company further said it now expects to meet the upper half of its earnings projection range for fiscal 2023.

from RTT - Earnings https://ift.tt/r9KBQS7
via IFTTT

Graham Corp. Shares Up Over 7% In Pre-market As Q1 Profit Surges

Shares of Graham Corp. (GHM) were trading up in the early Monday morning after the company registered a surge in profit for the first quarter. GHM was trading up by 7.53 percent at $15 per share in the pre-market trading on the New York Stock Exchange.

from RTT - Before the Bell https://ift.tt/9ifIcjL
via IFTTT

Tyson Foods Slips Over 7% In Pre-market After Q3 Loss

Shares of Tyson Foods, Inc. (TSN) were trading down in the early Monday morning trading after the company registered a loss for the third-quarter, mainly due to a decline in sales, higher costs, and a good will impairment.

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

BioNTech SE Posts Loss In Q2; Reiterates COVID-19 Vaccine Revenue Guidance

BioNTech SE (BNTX) posted a second-quarter net loss of 190.4 million euros, compared to profit of 1.67 billion euros, last year. Loss per share was 0.79 euros, compared to profit of 6.45 euros. Total revenues were 167.7 million euros, compared to 3.20 billion euros, last year. The company said write-offs by collaboration partner Pfizer significantly reduced its gross profit share in the second quarter and hence negatively influenced revenues for the three months ended June 30, 2023.

from RTT - Earnings https://ift.tt/rGDct3M
via IFTTT

Swiss Re H1 Profit Surges, Backs FY23 View; Stock Down

Swiss Re Ltd. reported Friday significantly higher profit in its first half with contained natural catastrophe losses as well as improved net premiums earned and fee income. The reinsurance giant further maintained its profit target of more than $3 billion for fiscal 2023. The shares were losing around 3 percent in the morning trading in Switzerland.

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

A.P. Moller - Maersk Q2 Profit Declines; Raises FY Financial Outlook

A.P. Moller - Maersk (AMKAF.PK, AMKBF.PK) reported that its share of second quarter profit was $1.4 billion compared to $8.6 billion, prior year. Underlying profit declined to $1.3 billion from $8.5 billion, last year.

from RTT - Earnings https://ift.tt/CEHj3Ga
via IFTTT

Superior Industries Intl. Slips To Loss In Q2

Superior Industries International, Inc. (SUP) Thursday reported second-quarter net loss of $0.1 million or $0.35 per share, compared to profit of $10.8 million or $0.07 per share last year.

from RTT - Earnings https://ift.tt/BGOPz7q
via IFTTT

Cigna Group Issues 2023 Outlook

The Cigna Group (CI) said it projects full year 2023 consolidated adjusted income from operations per share of at least $24.70. The outlook for full year 2023 adjusted revenues was increased to at least $190.0 billion. Analysts polled by Thomson Reuters expect the company to report profit per share of $24.69 on revenue of $191.69 billion. Analysts' estimates typically exclude special items.

from RTT - Earnings https://ift.tt/9RWANe4
via IFTTT

Hasbro Slips To Loss In Q2; Adj. EPS Misses Estimates; To Sell EOne To Lionsgate

Toy and board game company Hasbro, Inc. (HAS) reported Thursday a second-quarter net loss of $235.0 million, compared to earnings of $142.0 million a year ago.

from RTT - Before the Bell https://ift.tt/9X5RZ0l
via IFTTT

Lufthansa Q2 Profit Surges, Specifies FY23 Adj. EBIT View, Warns On Capacity; Stock Down

Deutsche Lufthansa AG reported Thursday significantly higher profit in its second quarter with strong revenue growth amid ongoing demand growth in global air travel. Looking ahead for the third quarter, the German flag carrier expects adjusted EBIT to exceed the pre-crisis level of 1.3 billion euros in 2019. The firm also specified its adjusted EBIT forecast for fiscal 2023, which is in line with

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

ING Q2 Profit Rises; Primary Customer Base Up 227,000

ING (ING) reported second-quarter net profit of 2.15 billion euros compared with 1.18 billion euros, prior year. The company said the increase reflects strong income growth, while operating expenses declined and risk costs remained limited.

from RTT - Earnings https://ift.tt/u4D3qaQ
via IFTTT

Royal Caribbean Q2 Profit Tops Estimates, Lifts 2023 Adj. EPS Guidance By 33%; Stock Jump Over 10%

Royal Caribbean (RCL) reported second quarter net income of $458.8 million or $1.70 per share compared to a net loss of $0.5 billion or $2.05 per share, prior year. Adjusted net income was $491.7 million or $1.82 per share compared to a loss of $0.5 billion or $2.08 per share, previous year. On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $1.55, for the quarter. Analysts' estimates typically exclude special items.

from RTT - Earnings https://ift.tt/nT2LPF4
via IFTTT

S&P Global Reiterates FY23 Outlook - Update

While reporting financial results for the second quarter on Thursday, data giant S&P Global, Inc. (SPGI) reiterated its earnings, adjusted pro forma earnings and adjusted pro forma revenue growth guidance for the full-year 2023.

from RTT - Earnings https://ift.tt/m0ajlpq
via IFTTT

Cullen/Frost Bankers Q2 Profit Increases

Cullen/Frost Bankers, Inc. (CFR) Thursday reported a surge in second-quarter earnings to $162.12 million from $119.11 million a year ago. On a per-share basis, earnings were $2.47, up from $1.81 in the prior year. On average, 16 analysts polled by Thomson Reuters expected the company to earn $2.4 per share. Analysts estimates usually exclude special items.

from RTT - Earnings https://ift.tt/oCK2WwH
via IFTTT

United Bankshares Q2 Profit Down, Yet Beats Estimates

United Bankshares, Inc. (UBSI) Thursday reported a decline in second-quarter earnings, despite an increase in net interest income compared to the previous year.

from RTT - Earnings https://ift.tt/KSo2LUz
via IFTTT

Reliance Steel Q2 Results Miss Estimates; Guides Q3 Adj EPS In Line With View

While reporting financial results for the second quarter on Thursday, metals service center company Reliance Steel & Aluminum Co. (RS) said it expects adjusted earnings for the third quarter in a range of $4.90 to $5.10 per share, as the company expects its average selling price per ton sold for the quarter to be down 2 to 5 percent.

from RTT - Earnings https://ift.tt/v6tbhn9
via IFTTT

Dynatrace Q1 Results Top Estimates, Issues Q2 View, Lifts FY24 Forecast; Stock Down In Premarket

Software intelligence company Dynatrace, Inc. (DT) reported Wednesday that its first-quarter net income surged to $38.19 million or $0.13 per share from last year's $2.11 million or $0.01 per share.

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

Waters Slashes FY23 Outlook - Update

CVS Health Confirms FY23 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Wednesday, CVS Health (CVS) on Thursday lowered its earnings guidance for the full-year 2023, while confirming annual adjusted earnings outlook.

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

Bristol-Myers Squibb Slashes FY23 Outlook As Q2 Results Miss Estimates

While reporting financial results for the second quarter on Thursday, biopharmaceutical company Bristol-Myers Squibb Co. (BMY) slashed its adjusted earnings and revenue growth guidance for the full-year 2023, primarily due to lower than expected sales of Revlimid, and to a lesser extent, Pomalyst.

from RTT - Earnings https://ift.tt/VPuUx9m
via IFTTT

HSBC Q2 Profit Climbs, Lifts FY23 View; Plans Up To $2 Bln Buyback

Shares of HSBC Holdings plc were gaining in London stock exchange as well as in pre-market activity on the NYSE, after the British banking major reported Tuesday significantly higher profit and revenues in its second quarter. The company also raised its fiscal 2023 profit view. Further, the firm said it intends to initiate an additional share buy-back of up to $2 billion.

from RTT - Earnings https://ift.tt/8gYUeK3
via IFTTT

Toyota Motor Corp. Q1 Profit Rises

Toyota Motor Corp. (TYT.L, TM) said its first-quarter sales volume increased in all regions due to productivity improvement efforts promoted with suppliers, in addition to an improvement in the supply and demand situation for semiconductors. As a result of selling each car meticulously at prices that match the product appeal refined through Toyota's making ever-better cars initiative, operating income increased which helped reduce the impact of the sharp rise in materials prices, the company said. Excluding the overall impact of foreign exchange rates, swap valuation gains and losses and other factors, first-quarter operating income improved 375 billion yen year on year.

from RTT - Earnings https://ift.tt/WjRN3U1
via IFTTT

Thursday, August 31, 2023

Wednesday, August 30, 2023

Tuesday, August 29, 2023

Monday, August 28, 2023

Thursday, August 24, 2023

Wednesday, August 23, 2023

Tuesday, August 22, 2023

Friday, August 18, 2023

Thursday, August 17, 2023

Wednesday, August 16, 2023

Tuesday, August 15, 2023

Thursday, August 10, 2023

Wednesday, August 9, 2023

Tuesday, August 8, 2023

Monday, August 7, 2023

Friday, August 4, 2023

Thursday, August 3, 2023

Wednesday, August 2, 2023

Tuesday, August 1, 2023