Beats

Canada’s biggest bank RBC beats profit on smaller bad loan provisions
Canada’s biggest bank RBC beats profit on smaller bad loan provisions
August 28, 2024
ROYAL Bank of Canada (RBC) on Wednesday (Aug 28) surpassed analysts’ estimates for quarterly profit as it set aside a smaller than expected sum to protect itself against losses...
Australia’s Fortescue beats dividend payout view, shares rise
Australia’s Fortescue beats dividend payout view, shares rise
August 28, 2024
AUSTRALIA’S Fortescue reported a rise in annual profit on Wednesday (Aug 28), boosted by higher iron ore shipments from its Iron Bridge project, and announced a larger-than-expected final dividend,...
Australia’s Guzman y Gomez profit beats forecast in first earnings since IPO
Australia’s Guzman y Gomez profit beats forecast in first earnings since IPO
August 27, 2024
AUSTRALIA’S Guzman y Gomez reported a surge in full-year profit, outperforming its prospectus forecast after the Mexican-themed fast-food chain’s bumper June debut.The Sydney-based company reported pro forma net profit...
Xiaomi Q2 revenue beats estimate, reveals auto unit sales
Xiaomi Q2 revenue beats estimate, reveals auto unit sales
August 21, 2024
CHINA’S Xiaomi Corp on Wednesday (Aug 21) reported higher-than-expected revenue for the second quarter, revealing for the first time its auto business unit’s contribution of 6.2 billion yuan (S$1.1...
Netflix beats 2021 record as investors embrace profit push
Netflix beats 2021 record as investors embrace profit push
August 20, 2024
NETFLIX shares hit their first record in nearly three years as investors continue gravitating towards the streaming video company while its strategy to improve profitability plays out.Shares of the...
Chinese e-commerce group JD.com beats profit forecasts in Q2
Chinese e-commerce group JD.com beats profit forecasts in Q2
August 15, 2024
Chinese e-commerce group JD.com on Thursday (Aug 15) reported forecast beating second-quarter profits, helped by price cuts that attracted cost-sensitive consumers to its platform.JD.com’s US-listed shares rose as much...
Tapestry beats revenue, profit estimates on steady demand for Coach handbags
Tapestry beats revenue, profit estimates on steady demand for Coach handbags
August 15, 2024
COACH parent Tapestry beat Wall Street expectations for fourth-quarter results on robust demand for its popular Tabby handbags, signalling resilient interest for affordable luxury goods despite a global spending...
iPhone maker Hon Hai beats profit estimates thanks to AI boom
iPhone maker Hon Hai beats profit estimates thanks to AI boom
August 14, 2024
APPLE’S main manufacturing partner Hon Hai Precision Industry reported better-than-expected profit in the second quarter as the device assembler benefited from strong demand for servers powering AI applications. The iPhone...
UBS profit beats estimates as client inflows hit US billion
UBS profit beats estimates as client inflows hit US$27 billion
August 14, 2024
UBS Group posted higher than expected profit in the second quarter, buttressing chief executive officer Sergio Ermotti’s efforts to return capital to shareholders and finalise the integration of Credit...
Sun Life beats profit estimates on strong growth in Canada, Asia
Sun Life beats profit estimates on strong growth in Canada, Asia
August 13, 2024
SUN Life Financial, Canada’s second-largest life insurer, on Monday (Aug 12) beat analysts’ estimates for quarterly profit boosted by strong sales at home and in Asia, a key growth...