Today: September 19, 2024
Today: September 19, 2024

Earnings

Economy

Third-quarter US earnings estimate improves slightly -LSEG

The estimate for U.S. third-quarter earnings has improved slightly this week, with more S&P 500 companies including Microsoft reporting stronger-than-expected results.

Third-quarter US earnings estimate improves slightly -LSEG
Business

'Barbie' boom helps Mattel lift annual profit target after bumper sales

Mattel smashed third-quarter results estimates on Wednesday and lifted its annual earnings forecast ahead of the key holiday season, as the toymaker benefited from the box-office success

'Barbie' boom helps Mattel lift annual profit target after bumper sales
Business

Facebook-parent Meta beats revenue estimates, lowers 2023 expenses view

Meta beat expectations for third-quarter revenue on Wednesday as its social media platforms Facebook and Instagram drew advertisers looking to capitalize on resilient consumer spending.

Facebook-parent Meta beats revenue estimates, lowers 2023 expenses view
Business|Technology

Facebook parent Meta posts sharply higher profit in 3Q thanks to increase in ad revenue

Facebook parent Meta has posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers

Facebook parent Meta posts sharply higher profit in 3Q thanks to increase in ad revenue
Business

Ameriprise Financial profit rises as AUM, client assets climb

Financial adviser Ameriprise Financial on Wednesday reported a jump in third-quarter adjusted profit, helped by higher client assets and a boost in its assets under management.

Ameriprise Financial profit rises as AUM, client assets climb
Business

United Rentals beats profit estimates on strong equipment demand

Equipment rental company United Rentals on Wednesday beat estimates for third-quarter profit on strong demand for industrial tools as spending on infrastructure and construction projects

United Rentals beats profit estimates on strong equipment demand
Business

Whirlpool tempers annual profit forecast on slowing demand

Whirlpool Corp tempered its full-year profit forecast on Wednesday, signaling softening demand for its washing machines and kitchen appliances amid a cost-of-living crisis and sending its

Whirlpool tempers annual profit forecast on slowing demand
Business

Hyundai sticks to EV rollout plans, sees solid growth this year

Hyundai Motor said on Thursday it would not delay plans to roll out new electric vehicles and was upbeat about prospects for continued growth this year

Hyundai sticks to EV rollout plans, sees solid growth this year
Business

BNP Paribas posts in-line Q3 profits as trading declines

BNP Paribas, the euro zone's biggest bank, posted in-line quarterly results on Thursday, as a jump in corporate financing services offset the continued retreat in

BNP Paribas posts in-line Q3 profits as trading declines
Business

Bunge beats third-quarter profit estimates

Bunge beat Wall Street expectations for third-quarter profit on Thursday, as the grain trader and processor benefited from strong global export demand.

Bunge beats third-quarter profit estimates
Business

Toymakers Hasbro, Mattel slump after sounding alarm over holiday spending

Toymaker Hasbro disappointed investors with its results on Thursday, joining Barbie-maker Mattel in warning of a weak holiday season and indicating that consumers are

Toymakers Hasbro, Mattel slump after sounding alarm over holiday spending
Business

Southwest Airlines profit falls, expects higher deliveries from Boeing in 2023

Southwest Airlines reported a third-quarter profit on Thursday that fell about 30% on soaring labor and fuel costs and the budget carrier said it expects higher aircraft deliveries from

Southwest Airlines profit falls, expects higher deliveries from Boeing in 2023
Business

Merck 3rd-quarter profit tops expectations on COVID pill surprise

Merck & Co on Thursday reported higher-than-expected third-quarter sales and profit on surprisingly strong demand for its COVID-19 treatment, primarily in Japan.

Merck 3rd-quarter profit tops expectations on COVID pill surprise
Business

Hershey beats quarterly sales estimates

Hershey beat Wall Street expectations for quarterly sales on Thursday, riding on benefits from higher prices of its chocolates and candies.

Hershey beats quarterly sales estimates
Business

Comcast posts surprise broadband customer loss, results top estimates

Comcast forecast higher broadband losses after the number of customers unexpectedly declined in the third quarter amid tough competition,

Comcast posts surprise broadband customer loss, results top estimates
Business

Honeywell beats profit estimates on aviation boost

Honeywell International Inc on Thursday posted a better-than-expected quarterly profit, helped by strong performance in its aviation unit.

Honeywell beats profit estimates on aviation boost
Business

Textron raises profit forecast as private jet demand holds steady

Textron Inc on Thursday raised its full-year adjusted earnings forecast after beating estimates for quarterly profit, betting on demand for its business jets despite higher prices.

Textron raises profit forecast as private jet demand holds steady
Business

Labcorp beats quarterly profit estimates on strength in routine testing segment

Laboratory Corporation of America topped Wall Street expectations for quarterly adjusted profit on Thursday, as strength in its routine diagnostics business more than offset weak COVID

Labcorp beats quarterly profit estimates on strength in routine testing segment
Business

Mastercard third-quarter profit jumps on robust spending

Mastercard on Thursday reported a rise in third-quarter profit, as strength in consumer spending held up against fears of an economic slowdown.

Mastercard third-quarter profit jumps on robust spending
Business

Weight-loss drug worries add to US restaurants' weak traffic woes

Investors will look for signs that U.S. fast-food chains, already contending with inflation-stung consumers preferring to dine at home, will also have to grapple

Weight-loss drug worries add to US restaurants' weak traffic woes
Business|Economy

Potential industry slowdown in toy sales weighs on shares of Hasbro and Mattel

Hasbro’s third-quarter revenue performance missed Wall Street’s expectations and the company cut its full-year revenue outlook again as signs of a possible industry slowdown in toy sales heading into the holiday season weighs on jittery investors

Potential industry slowdown in toy sales weighs on shares of Hasbro and Mattel
Business

Ford withdraws 2023 forecast, warns on EV results

Ford Motor Co on Thursday withdrew its full-year results forecast due to the pending ratification of its deal with the United Auto Workers (UAW) union, sending shares of the company down 7

Ford withdraws 2023 forecast, warns on EV results
Business

Intel forecasts fourth-quarter revenue above expectations

Intel forecast fourth-quarter revenue above Wall Street estimates on Thursday, optimistic of a healthy rebound in client orders for its chips after a several-quarters-long inventory

Intel forecasts fourth-quarter revenue above expectations
Business

Dexcom lifts 2023 revenue view on strong demand for diabetes devices

Medical device maker Dexcom on Thursday raised its annual revenue forecast and beat quarterly estimates on strong demand for its continuous glucose monitoring (CGM) devices, sending its

Dexcom lifts 2023 revenue view on strong demand for diabetes devices
Business

Capital One beats profit estimates on interest income boost

Capital One Financial on Thursday sailed past estimates for third-quarter profit as the consumer lender charged higher interest rates on loans, sending its shares up more than 4% in

Capital One beats profit estimates on interest income boost

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