Estimates
Thomson Reuters raises sales forecast as earnings top estimates
THOMSON Reuters reported second-quarter earnings that topped Wall Street expectations on Thursday (Aug 1) as revenue rose 6 per cent and it continued to aggressively deploy artificial intelligence technology...
MUFG profit beats estimates with tailwind from rising rates
MITSUBISHI UFJ Financial Group reported quarterly profit that beat estimates, joining smaller rival Mizuho Financial Group in pointing to higher revenue from loans driven by rising rates in Japan....
eBay beats quarterly results estimates on steady demand for refurbished goods
EBAY exceeded Wall Street expectations for second-quarter revenue and profit, buoyed by robust demand for pre-owned goods, cost-effective automotive parts and accessories.The e-commerce giant’s third-quarter revenue forecast, however, fell...
Meta sales beat estimates on advertising growth; shares jump
META Platforms reported better-than-expected sales for the second quarter, offering evidence that the company’s heavy investments in artificial intelligence (AI) are helping it sell more targeted and personalised advertisements.Shares...
KKR profit soars 49% on improving asset sales, beating estimates
KKR & Co posted a second-quarter profit that beat Wall Street estimates as the buyout firm generated more income than expected from selling assets.
Adjusted net income climbed 49 per...
Brokers’ take: Analysts cut Raffles Medical earnings estimates after results miss
ANALYSTS have cut their earnings estimates for Raffles Medical after the company released lower-than-expected earnings for the first half ended Jun 30.
RHB lowered its target price to S$1...
Nasdaq profit beats estimates as fintech sales soar
Revenue from its financial technology unit soared nearly 79 per cent to US$420 million in the second quarterNasdaq beat estimates for second-quarter profit on Thursday (Jul 25), driven mainly...
LG Energy slashes sales target after earnings miss estimates
LG ENERGY Solution slashed its annual sales target and second-quarter earnings missed analyst estimates, as the South Korean battery maker grapples with slowing demand for electric vehicles (EVS). Sales...
