Earnings
HPH Trust H1 2024 DPU falls despite increase in earnings
HUTCHISON Port Holdings (HPH) Trust on Tuesday (Jul 23) reported a 66.6 per cent increase in earnings for the first half of 2024 to HK$158.1 million (S$27.2 million), from...
Brokers’ take: Maybank raises Dyna-Mac target on higher earnings forecast
MAYBANK Securities raised its target price on Dyna-Mac, after the offshore oil and gas contractor said it expects a “significant improvement” in net profit for the first half of...
Big Tech stock slump amps up pressure to deliver on earnings
THE stakes were already elevated for technology giants heading into this earnings season. They just got a lot higher after the worst week for the Nasdaq 100 Index in...
Adidas hikes 2024 earnings guidance after second-quarter beat
GERMAN sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said on Tuesday (Jul 16), in its second upgrade this year.The...
Australia’s resources earnings to ease over next two years from 2022 peak
AUSTRALIA’S energy export earnings will ease over the next two years as commodity prices return to long-term levels after Russia’s war in Ukraine drove up prices in 2022, the...
GameStop’s sales continue to slide in surprise earnings release
GAMESTOP reported a drop in sales and announced a more than US$3 billion stock offer as it released its first-quarter report in advance, sending the shares of the video...
Brokers’ take: Analysts raise Sats price targets after strong earnings performance
DBS Group Research and OCBC Investment Research have lifted their target prices for Sats : S58 0% after the in-flight caterer and ground handler last week posted a jump...
Hot stock: Sats up 6.8% on heavy trading after H2 earnings surge
SHARES of Sats rose as much as 6.8 per cent on Thursday (May 30) after the company reported stellar results the day before.As at 9.46 am, the counter was...
