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quarterly

US auto retailers’ falling new vehicle margins compress quarterly profits

February 14, 2024 by Reuters
Us auto retailers' falling new vehicle margins compress quarterly profits - photo licensed by shore news network.

By Nathan Gomes (Reuters) – Several U.S. auto retailers reported dour fourth-quarter profits this week, as price cuts and incentives to lure in buyers in … Read more

Categories US and World News

Robert Half expects weak quarterly revenue on sluggish hiring activity, shares slip

January 30, 2024 by Reuters

(Reuters) – Recruitment services firm Robert Half forecast first-quarter revenue slightly below Wall Street estimates on Tuesday, hit by sluggish hiring activity. Shares of the … Read more

Categories In the News

Water heater maker A. O. Smith quarterly profit beats estimates

January 30, 2024 by Reuters

(Reuters) – A. O. Smith beat fourth-quarter profit estimates on Tuesday, helped by strong demand for its water heaters in North America. The Milwaukee, Wisconsin-based … Read more

Categories In the News

MSCI quarterly profit rises on subscription strength

January 30, 2024January 30, 2024 by Reuters
Msci quarterly profit rises on subscription strength - photo licensed by shore news network.

(Reuters) – Global index provider MSCI posted a higher fourth-quarter profit on Tuesday, as its product subscriptions benefited from a market recovery led by bets … Read more

Categories In the News

Fortescue works to clear iron ore held in China as quarterly shipments rise

January 24, 2024 by Reuters
Fortescue works to clear iron ore held in china as quarterly shipments rise - photo licensed by shore news network.

By Melanie Burton and Rishav Chatterjee MELBOURNE (Reuters) -Fortescue will work with Chinese authorities to resolve the delays keeping some of its iron ore cargoes … Read more

Categories In the News

PACCAR beats quarterly profit, revenue estimates on demand for newer truck models

January 23, 2024January 23, 2024 by Reuters
Paccar beats quarterly profit, revenue estimates on demand for newer truck models - photo licensed by shore news network.

(Reuters) – PACCAR Inc beat estimates for fourth-quarter profit and revenue estimates on Tuesday, on sustained demand for its fuel-efficient truck models. Shares of the … Read more

Categories In the News

Constellation Brands misses quarterly sales estimates on tepid wine, spirits demand

January 5, 2024 by Reuters
Constellation brands misses quarterly sales estimates on tepid wine, spirits demand - photo licensed by shore news network.

(Reuters) – Corona beer maker Constellation Brands’ third-quarter sales fell short of market expectations on Friday, as demand for its higher-priced spirits and wines slowed … Read more

Categories In the News

Paychex’s quarterly revenue growth slows on weak client spending

December 21, 2023 by Reuters
Paychex's quarterly revenue growth slows on weak client spending - photo licensed by shore news network.

(Reuters) – Payroll services provider Paychex reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses … Read more

Categories In the News

Jabil’s quarterly profit beats estimates as cost cutting measures takeoff

December 14, 2023December 14, 2023 by Reuters

(Reuters) -Jabil reported core quarterly profit slightly above Wall Street estimates on Thursday, as the electronic components maker turned its focus on cutting costs to … Read more

Categories In the News

Canada banks’ quarterly profits seen hit by rising provisions

November 27, 2023November 27, 2023 by Reuters
Canada banks' quarterly profits seen hit by rising provisions - photo licensed by shore news network.

By Nivedita Balu TORONTO (Reuters) – Canada’s big banks are likely to wrap up a challenging financial year with another quarter of declining profits and … Read more

Categories In the News

Japan poised to scrap quarterly report requirement for businesses -Nikkei Asia

November 16, 2023November 16, 2023 by Reuters
Japan poised to scrap quarterly report requirement for businesses -nikkei asia - photo licensed by shore news network.

(Reuters) -Japan’s legislature has begun deliberations on a bill that would end the requirement for listed companies to file quarterly financial reports, in an effort … Read more

Categories In the News

Israel’s Tower Semiconductor forecasts quarterly revenue decline, shares fall

November 13, 2023November 13, 2023 by Reuters
Israel's tower semiconductor forecasts quarterly revenue decline, shares fall - photo licensed by shore news network.

(Reuters) – Israeli firm Tower Semiconductor forecast a decline in quarterly revenue on Monday as chip firms faced with a supply glut continue to correct … Read more

Categories In the News

US company earnings set for biggest quarterly gain in over a year

November 10, 2023 by Reuters
Us company earnings set for biggest quarterly gain in over a year - photo licensed by shore news network.

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. companies are set for their biggest year-over-year gain in quarterly earnings since the second quarter of 2022 … Read more

Categories In the News

AMC beats quarterly revenue estimates on ‘Barbenheimer’ boost

November 9, 2023November 8, 2023 by Reuters
Amc beats quarterly revenue estimates on 'barbenheimer' boost - photo licensed by shore news network.

(Reuters) – AMC Entertainment beat third-quarter revenue estimates on Wednesday, riding on the success of “Barbie” and “Oppenheimer” movies as volumes of theatrical releases also … Read more

Categories Breaking News, In the News

EOG Resources beats quarterly profit estimates on strong production

November 2, 2023November 2, 2023 by Reuters
Eog resources beats quarterly profit estimates on strong production - photo licensed by shore news network.

(Reuters) -U.S. shale oil producer EOG Resources on Thursday soared past Wall Street estimates for third-quarter profit and raised its annual production forecast amid resilient … Read more

Categories In the News

Fox Corp tops quarterly revenue estimates on growth in television segment

November 2, 2023 by Reuters
Fox corp tops quarterly revenue estimates on growth in television segment - photo licensed by shore news network.

(Reuters) -Fox Corp beat first-quarter revenue estimates on Thursday, as it benefited from higher affiliate fees in its television segment that includes its news network. … Read more

Categories In the News

Aflac beats estimates for quarterly profit on higher premium income

November 1, 2023 by Reuters
Aflac beats estimates for quarterly profit on higher premium income - photo licensed by shore news network.

(Reuters) – Insurance provider Aflac on Wednesday reported third-quarter profit above estimates, helped by higher premium revenue from its U.S. unit and strong gains on … Read more

Categories In the News

Nutrien misses quarterly profit estimates as potash prices plummet

November 1, 2023 by Reuters
Nutrien misses quarterly profit estimates as potash prices plummet - photo licensed by shore news network.

(Reuters) – Nutrien fell short of analysts’ estimates for third-quarter profit on Wednesday, as lower potash prices weighed on the world’s biggest fertilizer producer. Potash … Read more

Categories In the News

Cognizant forecasts quarterly revenue below estimates on weak corporate spending

November 1, 2023 by Reuters
Cognizant forecasts quarterly revenue below estimates on weak corporate spending - photo licensed by shore news network.

(Reuters) – Cognizant Technology Solutions forecast fourth-quarter revenue below Wall Street estimates on Wednesday, as clients tighten their IT budgets in an uncertain economy, sending … Read more

Categories In the News

Albemarle quarterly profit drops, forecast cut on falling lithium prices

November 1, 2023 by Reuters
Albemarle quarterly profit drops, forecast cut on falling lithium prices - photo licensed by shore news network.

(Reuters) – Albemarle, the world’s largest producer of lithium, posted a 66% drop in quarterly profit on Wednesday and cut its annual forecast, citing slipping … Read more

Categories In the News

MetLife beats quarterly profit estimates on robust investment income

November 1, 2023 by Reuters
Metlife beats quarterly profit estimates on robust investment income - photo licensed by shore news network.

(Reuters) – MetLife on Wednesday reported a third-quarter profit that was above Wall Street expectations, as recovery in the U.S. markets boosted the insurer’s return … Read more

Categories In the News

Ternium posts 77% quarterly income boost as steel shipments jump

October 31, 2023October 31, 2023 by Reuters
Ternium posts 77% quarterly income boost as steel shipments jump - photo licensed by shore news network.

By Aida Pelaez-Fernandez (Reuters) – Steelmaker Ternium reported on Tuesday a third-quarter adjusted net income of $271 million, up more than 77% from the $153 … Read more

Categories In the News

GE HealthCare beats quarterly profit estimates on imaging device demand

October 31, 2023 by Reuters
Ge healthcare beats quarterly profit estimates on imaging device demand - photo licensed by shore news network.

(Reuters) – GE HealthCare Technologies Inc on Tuesday beat Wall Street expectations for third-quarter profit as a continued recovery in demand for surgical procedures boosted … Read more

Categories In the News

Wolfspeed jumps on upbeat quarterly forecast

October 30, 2023 by Reuters
Wolfspeed jumps on upbeat quarterly forecast - photo licensed by shore news network.

(Reuters) – Chipmaker Wolfspeed on Monday forecast a smaller-than-estimated second-quarter loss as it expects a boost to its business from a ramp-up in production at … Read more

Categories In the News

China Southern Airlines posts quarterly net profit

October 27, 2023October 27, 2023 by Reuters
China southern airlines posts quarterly net profit - photo licensed by shore news network.

BEIJING (Reuters) – China Southern Airlines reported a net profit of 4.2 billion yuan for the third quarter, its first profit in nearly four years. … Read more

Categories In the News

Merck quarterly profit tops expectations on COVID pill surprise

October 26, 2023 by Reuters
Merck quarterly profit tops expectations on covid pill surprise - photo licensed by shore news network.

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 … Read more

Categories In the News

Moody’s quarterly profit beats estimates on robust demand

October 25, 2023 by Reuters
Moody's quarterly profit beats estimates on robust demand - photo licensed by shore news network.

(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 … Read more

Categories In the News

Spotify posts quarterly profit, user growth beats expectations

October 24, 2023 by Reuters
Spotify posts quarterly profit, user growth beats expectations - photo licensed by shore news network.

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

Categories In the News

Nucor beats quarterly estimates; sees sequential profit drop in Q4

October 23, 2023 by Reuters
Nucor beats quarterly estimates; sees sequential profit drop in q4 - photo licensed by shore news network.

(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 … Read more

Categories In the News

Fifth Third expects further interest income weakness after quarterly profit falls

October 19, 2023October 19, 2023 by Reuters
Fifth third expects further interest income weakness after quarterly profit falls - photo licensed by shore news network.

(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 … Read more

Categories In the News

Australia’s Santos posts over 7% sequential rise in quarterly revenue

October 18, 2023 by Reuters
Australia's santos posts over 7% sequential rise in quarterly revenue - photo licensed by shore news network.

(Reuters) – Australia’s Santos Ltd on Thursday reported a 7.5% rise in third-quarter revenue from the preceding quarter, helped by increased crude oil volumes and … Read more

Categories In the News

PPG Industries beats quarterly profit estimates, raises FY earnings forecast

October 18, 2023 by Reuters
Ppg industries beats quarterly profit estimates, raises fy earnings forecast - photo licensed by shore news network.

(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 … Read more

Categories In the News

Biden 2024 campaign, allies raise $71 million in latest quarterly haul

October 15, 2023October 15, 2023 by Reuters
Biden 2024 campaign, allies raise $71 million in latest quarterly haul - photo licensed by shore news network.

By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) – President Joe Biden’s 2024 re-election team and his party said on Sunday that they raised $71 … Read more

Categories US and World News

Clorox, reeling from cyberattack, expects quarterly loss

October 4, 2023October 4, 2023 by Reuters
Clorox, reeling from cyberattack, expects quarterly loss - photo licensed by shore news network.

(Reuters) -Clorox, a U.S. maker of cleaning products, said on Wednesday it expects to post a first-quarter loss after a cyberattack in August caused product … Read more

Categories Business News

US grid-scale energy storage installations hit new quarterly record – report

September 25, 2023 by Reuters

(Reuters) – The U.S. grid-scale energy storage installations hit a new record in the second quarter of 2023, a report by Wood Mackenzie and the … Read more

Categories US and World News

AutoZone posts strong quarterly results on auto parts demand

September 19, 2023 by Reuters
Autozone posts strong quarterly results on auto parts demand - photo licensed by shore news network.

(Reuters) – Auto parts retailer AutoZone Inc on Tuesday posted better-than-expected profit and revenue for the fourth quarter, boosted by demand for its do-it-yourself (DIY) … Read more

Categories Business News

FedEx quarterly profit likely boosted by rivals’ pain

September 19, 2023 by Reuters
Fedex quarterly profit likely boosted by rivals' pain - photo licensed by shore news network.

By Lisa Baertlein LOS ANGELES (Reuters) – FedEx Corp benefited from misfortunes experienced by rivals UPS and Yellow during its latest quarter as the global … Read more

Categories Business News

Affirm shares soar after better-than-expected quarterly results

August 25, 2023 by Reuters

By Chibuike Oguh NEW YORK (Reuters) -Shares of Affirm Holdings Inc rose nearly 33% on Friday after the U.S. financial technology firm reported better-than-expected quarterly … Read more

Categories Business News

Toronto-Dominion Bank’s quarterly profit falls as loan-loss provisions rise

August 24, 2023 by Reuters
Toronto-dominion bank's quarterly profit falls as loan-loss provisions rise - photo licensed by shore news network.

(Reuters) – Toronto-Dominion Bank on Thursday reported a drop in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover losses from … Read more

Categories Business News

Snowflake beats quarterly estimates on strong demand for data management services

August 23, 2023 by Reuters
Snowflake beats quarterly estimates on strong demand for data management services - photo licensed by shore news network.

(Reuters) – Cloud data analytics company Snowflake beat second-quarter revenue and profit estimates on Wednesday, boosted by rising data management and storage needs of businesses … Read more

Categories Business News

Strong international sales boosted Walmart’s quarterly results

August 17, 2023 by Reuters
Strong international sales boosted walmart's quarterly results - photo licensed by shore news network.

By Siddharth Cavale and Aishwarya Venugopal NEW YORK (Reuters) – Resilient U.S. consumer spending drove Walmart’s better-than-expected second-quarter results and forecast hike but its international … Read more

Categories Business News

Brazil’s Magalu blames wider quarterly loss on high borrowing costs

August 14, 2023 by Reuters
Brazil's magalu blames wider quarterly loss on high borrowing costs - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian retailer Magazine Luiza reported on Monday a second-quarter adjusted net loss of 198.8 million reais ($40 million), blaming the country’s … Read more

Categories Business News

Target set to post first quarterly revenue drop in six years as consumers cut spending

August 14, 2023August 14, 2023 by Reuters
Target set to post first quarterly revenue drop in six years as consumers cut spending - photo licensed by shore news network.

By Granth Vanaik (Reuters) – Target is expected to post its first quarterly drop in revenue in about six years when it reports results on … Read more

Categories Business News

Ant group quarterly profit rises 17.5% on year to 13.37 billion yuan – Alibaba filing

August 10, 2023 by Reuters
Ant group quarterly profit rises 17. 5% on year to 13. 37 billion yuan - alibaba filing - photo licensed by shore news network.

SHANGHAI (Reuters) – China’s Ant Group made net profit of 13.37 billion yuan ($1.85 billion) in the three months to March 31, up 17.5% from … Read more

Categories Business News

Barrick beats quarterly profit estimates on higher gold prices

August 8, 2023 by Reuters
Barrick beats quarterly profit estimates on higher gold prices - photo licensed by shore news network.

(Reuters) -Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal. … Read more

Categories Business News

S&P 500 quarterly earnings have been upbeat; revenue not so much

August 7, 2023August 7, 2023 by Reuters
S&p 500 quarterly earnings have been upbeat; revenue not so much - photo licensed by shore news network.

By Noel Randewich (Reuters) – S&P 500 companies have been reporting upbeat bottom lines for the June quarter, but not such impressive increases in their … Read more

Categories Business News

Equinix projects quarterly revenue below estimates, shares slip

August 2, 2023August 2, 2023 by Reuters
Equinix projects quarterly revenue below estimates, shares slip - photo licensed by shore news network.

(Reuters) – Equinix forecast third-quarter revenue below market estimates on Wednesday, a sign that demand for data centers was slowing as businesses curtail spending in … Read more

Categories Business News

Garmin beats quarterly estimates on growth in fitness and auto businesses

August 2, 2023 by Reuters
Garmin beats quarterly estimates on growth in fitness and auto businesses - photo licensed by shore news network.

(Reuters) – Navigation equipment maker Garmin beat market estimates for second-quarter revenue and profit on Wednesday, thanks to strong growth in its auto and fitness … Read more

Categories Business News

Stanley Black & Decker posts narrower-than-expected quarterly loss on cost cuts

August 1, 2023 by Reuters

(Reuters) – Stanley Black & Decker reported a lower-than-expected loss in the second quarter on Tuesday, as cost cut measures cushioned a hit from cooling … Read more

Categories Business News

Hong Kong quarterly GDP growth slows on sluggish global economy

July 31, 2023 by Reuters
Hong kong quarterly gdp growth slows on sluggish global economy - photo licensed by shore news network.

HONG KONG (Reuters) – Hong Kong’s economic growth slowed in the second quarter from a year earlier, advance government data showed on Monday, with the … Read more

Categories Business News
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