Estimates
Moody’s raises full-year profit forecast above estimates on strong product demand
RATINGS agency Moody’s raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31 per cent rise in third-quarter earnings on Tuesday (Oct 22), on...
India’s Tata Consumer beats Q2 profit estimates as demand for packaged food rises
Its Indian food business posts a 28% rise in quarterly revenue, as the company expands its distribution network into small towns and villagesINDIA’S Tata Consumer Products on Friday (Oct...
P&G misses quarterly sales estimates on weakening demand in US, China
PROCTER & Gamble missed Wall Street expectations for first-quarter sales on Friday (Oct 18), as consumers in its major markets, the US and China, switched to cheaper household and...
India’s Infosys, Wipro top Q2 revenue estimates as spending revives
INDIAN software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay financial industry clients boosted spending.
After over a year of curtailed spending due to economic uncertainty...
Ericsson beats estimates as North America returns to growth
ERICSSON earnings beat analysts’ expectations in the third quarter, as the Swedish telecom equipment returned to growth in the US.Adjusted earnings before interest and taxes were 7.3 billion kronor...
Uniqlo owner Fast Retailing posts 31% rise in full-year profit, beats estimates
JAPAN’S Fast Retailing, owner of clothing brand Uniqlo, booked its third consecutive year of record earnings on Thursday (Oct 10), boosted by widened profit margins in its international segments.
Operating...
TSMC sales beat estimates in sign of solid AI chip demand
TAIWAN Semiconductor Manufacturing Co (TSMC) posted on Wednesday (Oct 9) a better-than-expected 39 per cent rise in quarterly revenue, assuaging concerns that AI hardware spending is beginning to taper...
US report says corrosion at Michigan nuclear plant above estimates
HOLTEC, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators ‘far exceeded’ estimates, the US nuclear power regulator said in a...
