profit

By Michael Erman (Reuters) -Merck & Co on Thursday reported higher-than-expected results in the third quarter on surprisingly strong demand for its COVID-19 treatment, primarily in Japan, and raised its …

(Reuters) – CenterPoint Energy Inc on Thursday raised its full-year profit outlook and announced that chief executive officer David Lesar will retire early next year. The Houston, Texas-based company announced …

BEIJING (Reuters) – Air China, the country’s flagship carrier, posted a third-quarter net profit of 4.24 billion yuan ($579.31 million) on Thursday. ($1 = 7.3191 Chinese yuan renminbi) (Reporting by …

(Reuters) – Honeywell International Inc on Thursday posted a better-than-expected quarterly profit, helped by strong performance in its aviation unit. Sales at the company’s aerospace business rose 18% on an …

STOCKHOLM (Reuters) – Sweden-based automaker Volvo Cars reported a rise in third-quarter operating earnings on Thursday driven by strong volumes and lower costs for semiconductors and raw materials. Volvo Cars, …

(Reuters) – 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 shares 5% …

MEXICO CITY (Reuters) – Walmart’s Mexico unit on Wednesday posted a 12.2% year-on-year jump in its third-quarter net profit, driven mainly by stronger sales. Walmart de Mexico, the biggest retailer …

(Reuters) – 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 ramped up. Demand …

(Reuters) – 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. Total client …

By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire hedge fund manager Bill Ackman, who traditionally invests in stocks, earned roughly $200 million from a bet against U.S. 30-year Treasury bonds, …

(Reuters) – U.S. railroad operator Norfolk Southern’s third-quarter profit slumped 41% on Wednesday as the company took another hefty charge related to the Eastern Ohio freight train derailment. The derailment …

(Reuters) – Ratings agency Moody’s reported higher-than-expected profit in the third quarter on Wednesday, helped by strong demand for its research and analytics. The New York-based company saw robust demand …

By Lisa Baertlein and Priyamvada C (Reuters) – Wall Street analysts expect United Parcel Service to report a sharp drop in third-quarter profit on Thursday as it absorbs significant costs …

By Supantha Mukherjee STOCKHOLM (Reuters) – Spotify on Tuesday swung to a quarterly profit aided by price hikes in its streaming services and growth in subscribers in all regions, and …

(Reuters) – PulteGroup beat Wall Street expectations for third-quarter profit on Tuesday, as even at higher prices the demand for new constructions remained strong due to an acute shortage of …

(Reuters) – Kimberly-Clark lifted its annual profit forecast for the third time this year after its quarterly profit beat estimates on Tuesday, backed by higher prices and resilient demand for …

(Reuters) -Nucor Corp on Monday reported a better-than-expected quarterly profit, but said it expects a sequential drop in the current-quarter earnings primarily due to likely lower pricing across all steel …

(Reuters) – U.S. railroad operator CSX Corp on Thursday missed Wall Street estimates for third-quarter profit, as a decline in intermodal freight volumes more than offset pricing gains. Inflationary pressures …

(Reuters) – Fifth Third Bancorp said on Thursday it expects interest income (NII) to decline again in the current quarter after posting a 1.3% fall in third-quarter profit. Funding costs …

(Reuters) – Alaska Air Group cut its full-year profit outlook on Thursday on rising labor expenses, as airlines draw up costly contracts to retain employees. Major U.S. airlines are already …

(Reuters) – PPG Industries on Wednesday beat Wall Street estimates for third-quarter profit and raised its full-year earnings outlook, as high sales volumes in the automotive and aerospace sector helped …

By Shivansh Tiwary (Reuters) – Shares of major U.S. airlines fell on Wednesday, after a disappointing fourth-quarter forecast from United Airlines a day earlier spooked investors and raised concerns rising …

(Reuters) – Asset and wealth manager Northern Trust on Wednesday posted a smaller-than-expected drop in third-quarter profit as a rise in fee-based income cushioned the hit from a drop in …

(Reuters) – Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow 3% in 2023, compared with its prior projection of no …

By Sarah Wu and Ben Blanchard TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 30% slump in third-quarter profit on Thursday but analysts predict robust …