Friday, April 28, 2023

ExxonMobil Q1 Results Top Estimates

Oil major Exxon Mobil Corp. (XOM) reported Friday a profit for the first quarter that soared from last year, reflecting sharply higher upstream and chemical product earnings amid structural earnings improvements through growth of advantaged assets, mix improvements, and cost and execution efficiencies. Adjusted earnings per share and quarterly revenues topped analysts' expectations.

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Imperial Oil Q1 Profit Rises, Tops Estimates; Boosts Dividend 14%

Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday a first-quarter net income of C$1.25 billion or C$2.13 per share, the highest first quarter in over 30 years, up from C$1.17 billion or C$1.75 per share in the prior-year quarter.

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W.P. Carey Maintains FY23 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) continues to project adjusted funds from operations or AFFO guidance for the full-year 2023 in a range of $5.30 to $5.40 per share.

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Colgate-Palmolive Maintains FY22 Earnings Growth Outlook - Update

While reporting financial results for the first quarter on Friday, Colgate-Palmolive Co. (CL) maintains its earnings and adjusted earnings growth guidance for the full-year 2023, while boosting net sales and organic sales growth outlook.

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Electrolux Posts Q1 Loss, Sales Rise, Backs View; Stock Up

Swedish home appliance major Electrolux AB reported Friday a loss in its first quarter with weak volumes hurt by lower demand. Net sales, however, was higher than last year, and the company maintained its fiscal 2023 forecast. In Stockholm, Electrolux shares were gaining around 9 percent.

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TDK Corp. FY23 Profit Declines; Net Sales Up 14.7%

TDK Corp. (TTDKF.PK, TTDKY.PK) reported fiscal 2023 profit to owners of parent of 114.2 billion yen, down 13% from last year. Earnings per share was 300.64 yen compared to 345.65 yen. Net sales were 2.18 trillion yen, an increase of 14.7%.

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Thursday, April 27, 2023

OSI Systems Q3 Results Miss Estimates; Reiterates FY23 Outlook

OSI Systems, Inc. (OSIS) reported on Thursday that net income for the third quarter doubled to $42.74 million or $2.41 per share from $21.81 million or $1.27 per share in the prior-year quarter. Excluding items, adjusted earnings were $1.43 per share, compared to $1.49 per share in the year-ago quarter.

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