Beats
Spotify beats subscriber, margin estimates even as ad sales lag
SPOTIFY Technology reported third-quarter growth in subscribers and profit margins, saying lower marketing and personnel costs helped the music streaming service overcome a tough climate for advertising.Paying subscribers grew...
State Bank of India beats Q2 profit view but lending margin shrinks
STATE Bank of India, the country’s largest lender by assets, beat second-quarter profit estimates on Friday (Nov 8), helped by higher non-interest income but its lending margin shrank.
The state-run...
OCBC beats forecast with 9% rise in Q3 profit to S$1.97 billion
OCBC’s net profit for the third quarter ended September rose 9 per cent to S$1.97 billion, from S$1.81 billion in the previous corresponding period. The bank on Friday (Nov...
Airbnb revenue narrowly beats on strong growth in international markets
VACATION home rental company Airbnb narrowly beat estimates for third-quarter revenue on Thursday (Nov 7), helped by strong growth in its Asia-Pacific and Latin American markets, sending its shares...
Expedia raises full-year guidance, beats on gross bookings
EXPEDIA Group posted better-than-expected grossing bookings in the third quarter and said it was raising its full-year guidance, suggesting that demand has proven stronger than the company had previously...
Qualcomm forecasts beats estimates, shares jump 8.5%
CHIP designer Qualcomm on Wednesday (Nov 6) forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits a wave of launches of...
Tata Steel’s second-quarter profit beats on higher sales volumes, lower costs
TATA Steel reported a second-quarter profit on Wednesday (Nov 6) that beat analysts’ estimates as lower costs and higher sales volumes in India and the Netherlands offset a steep...
Sun Life profit beats expectation on strength in Canada, US
SUN Life reported a better-than-expected third-quarter profit on Monday (Nov 4) as Canada’s second-largest life insurer benefited from robust growth in its domestic and US businesses.The earnings beat was...
