BorgWarner Updates Full Year Sales, EPS Guidance

BorgWarner Inc. (BWA) said, for full year 2023, the company expects net earnings per share to be within a range of $2.65 to $2.81. Excluding the impact of non-comparable items, adjusted net earnings are expected to be within a range of $3.60 to $3.80 per share. Net sales for 2023 are expected to be in the range of $14.1 billion to $14.3 billion, which implies a year-over-year increase in organic sales of 12% to 14%.

from RTT - Earnings https://ift.tt/Rfxds9D
via IFTTT

Read More »

Lufthansa Stock Up On Strong Q3 Results; Backs Outlook

Shares of Deutsche Lufthansa AG were gaining around 8 percent in the morning trading in Germany after the company reported higher third-quarter profit and revenues amid continued strong demand for air travel. Looking ahead for the fourth quarter, the German flag carrier said it expects to achieve a positive operating result. Further, profit outlook for 2023 and 2024 confirmed.

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

Read More »

Fresenius Group Q3 Group EBIT Before Items Rises, Revenue Growth At 6%; Improves FY EBIT Guidance

Fresenius Group reported a third quarter net loss of 406 million euros compared to profit of 321 million euros, prior year. The company said negative result is due to the Fresenius Medical Care valuation effect according to IFRS 5 of 594 million euros. Reported loss per share was 0.72 euros compared to profit of 0.57 euros. Group net income before special items decreased by 7% or down 5% in constant currency to 344 million euros. Earnings per share before special items was 0.61 euros compared to 0.66 euros. Group EBIT before special items increased by 8% or 10% in constant currency to 519 million euros, mainly driven by the good earnings development at the Operating Companies.

from RTT - Earnings https://ift.tt/0gvB54Q
via IFTTT

Read More »

Brinker International Q1 Adj. EPS Tops Estimates; Boosts Adj. EPS Outlook

Casual dining restaurant owner Brinker International, Inc. (EAT) reported Wednesday net income for the first quarter of $7.2 million or $0.16 per share, compared to a net loss of $30.2 million or $0.69 per share in the prior-year quarter.

from RTT - Earnings https://ift.tt/qu2ms8g
via IFTTT

Read More »

Humana Affirms FY22 Adj. EPS Outlook - Update

While reporting financial results for the third quarter on Wednesday, health insurer Humana Inc. (HUM) affirmed its adjusted earnings guidance for the full-year 2023.

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

Read More »

GSK Lifts FY23 Outlook As Q3 Profit From Cont. Opns Surges

British drug major GSK Plc on Wednesday lifted its fiscal 2023 forecast for earnings and sales after reporting higher third-quarter profit on continuing operations basis. The results were benefited by vaccines' performance, mainly the US launch of Arexvy, the world's first RSV vaccine. Total profit for the quarter, meanwhile, plunged from last year on the absence of prior year's hefty gain.

from RTT - Earnings https://ift.tt/Z1ANHRu
via IFTTT

Read More »

GSK Plc Q3 Adj. Operating Profit Rises, Turnover Ex COVID Up 16% At CER; Upgrades FY Guidance

GSK Plc (GSK.L, GSK) reported that its third quarter profit attributable to shareholders from continuing operations was 1.46 billion pounds compared to 759 million pounds, last year. Earnings per share from continuing operations was 35.6 pence compared to 18.6 pence. Third quarter adjusted operating profit was 2.77 billion pounds, up 6% AER, or an increase of 15% at CER. Adjusted earnings per share from continuing operations was 50.4 pence compared to 46.9 pence.

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

Read More »