Beats
General Motors beats quarterly results targets, raises forecast
GENERAL Motors on Tuesday (Apr 23) posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending...
American Express beats profit estimates on strong spending by wealthy customers
AMERICAN Express’s first-quarter profit vaulted past Wall Street estimates on Friday (Apr 19), driven by an affluent customer base that increased spending as recession fears ebbed.
The credit card giant...
Netflix handily beats subscriber targets, misses on revenue forecast
NETFLIX blew past Wall Street expectations on new customers for the second straight quarter on Thursday but signaled the positive surprises could be over, forecasting revenue growth slightly below analyst...
Danone beats Q1 sales forecasts, keeps 2024 goals
DANONE posted stronger-than-expected quarterly sales on Thursday (Apr 18), with all businesses delivering volume growth as the world’s largest yoghurt maker managed to raise prices to cope with higher...
Abbott beats quarterly profit estimates on strong medical device sales
ABBOTT Laboratories beat Wall Street estimates for quarterly profit on Wednesday (Apr 17) and raised the lower end of its forecast, as robust demand for medical procedures boosted sales...
J&J profit beats Wall Street estimates
JOHNSON & Johnson’s first-quarter profit beat estimates as the health giant’s drug sales came in higher than Wall Street analysts expected. Adjusted quarterly profit was US$2.71 a share, J&J said...
Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows
MORGAN Stanley’s first-quarter profit beat estimates on Tuesday (Apr 16), fuelled by a resurgence in investment banking and growth in wealth management, sending shares up 1.8 per cent.
Investment banking...
Morgan Stanley profit beats estimates with higher investment banking, wealth revenue
MORGAN Stanley’s first-quarter profit beat estimates on Tuesday (Apr 16), fuelled by a resurgence in investment banking and growth in wealth management, sending shares up 3.7 per cent.
Investment banking...
