Asian equities see biggest earnings upgrade in five months
By Gaurav Dogra – Asian equities in January received the biggest upgrade in their forward 12-month earnings estimates in five months, boosted by higher commodity …
earnings
Manulife and Sun Life earnings rise on asset management growth
By Nichola Saminather and Sohini Podder – Canadian insurers Manulife Financial and Sun Life Financial narrowly beat quarterly earnings expectations on Wednesday, driven by strong …
Mattel forecasts full-year earnings above estimates as toy demand holds strong
By Deborah Mary Sophia and Uday Sampath Kumar – Mattel Inc forecast full-year profit above estimates on Wednesday, with the company confident robust demand for …
Smurfit Kappa sees further price rises after record earnings
By Padraic Halpin DUBLIN -Smurfit Kappa expects to increase prices further this year to recover high costs after bumper demand and a 19% jump in …
Sugar group Tereos posts higher earnings, debt stable
PARIS -French sugar and ethanol group Tereos on Wednesday reported a jump in third-quarter core earnings as high prices helped offset a poor harvest in …
Aurubis confirms 85% quarterly profit rise, raised earnings forecast
HAMBURG -Aurubis AG, Europe’s largest copper producer, on Monday confirmed an 85% rise in quarterly profits and reiterated increased full-year earnings estimates as high metal …
Carlyle’s Q4 earnings jump nearly fourfold on record asset sales
By Chibuike Oguh – Carlyle Group Inc said on Thursday its fourth-quarter distributable earnings increased almost fourfold thanks to a record level of asset sales …
Analysts beef up expectations for Europe’s earnings season
LONDON – Analysts are upgrading their expectations for Europe’s fourth-quarter earnings season, which has seen a steep increase in companies announcing consensus-beating results, according to …
Earnings beats underwhelm as Wall Street looks for good news
By Caroline Valetkevitch NEW YORK -U.S. earnings news has been less impressive this reporting season than in recent quarters, giving some investors another reason to …
HeidelbergCement fourth-quarter earnings gain beats market view
FRANKFURT – A better than expected increase in fourth-quarter sales and earnings prompted HeidelbergCement to release some results ahead of schedule on Monday. Citing preliminary …
Dutch telco KPN hikes dividend as earnings rise
AMSTERDAM -Dutch telecom company KPN announced on Monday a new share buyback program and a higher dividend over 2022, as its core profit rose on …