Estimates
Visa slides after revenue at payments giant misses estimates
VISA slipped in late trading on Tuesday (Jul 23) after reporting quarterly revenue that just missed Wall Street estimates – a rarity for the world’s biggest payments network.Shares of...
LVMH sales grow 1% in second quarter, missing estimates
LVMH, the world’s biggest luxury company, posted a 1 per cent rise in organic sales in the second quarter on Tuesday (Jul 23), missing analyst estimates, and likely adding...
UPS misses quarterly estimates on high labour costs, weak small-package demand
UNITED Parcel Service (UPS) missed Wall Street estimates for second-quarter earnings on Tuesday (Jul 23), hurt by subdued package delivery demand and higher costs from its Teamsters labour contract.
Shares...
India’s Reliance Industries Q1 profit misses estimates on lower fuel sales margin
INDIA’S Reliance Industries, a retail-to-telecom conglomerate, reported first-quarter profit on Friday (Jul 19) that missed estimates, hurt by lower margins on fuel sales.The billionaire Mukesh Ambani-led company, India’s largest...
AmEx’s quarterly profit beats estimates on robust spending
CREDIT card giant American Express raised its full-year profit forecast on Friday (Jul 19), as its wealthy customers persisted in splurging on travel, dining and entertainment.
The company also reported...
Volvo Cars cuts full-year forecast citing tariffs, Q2 Ebit beats estimates
VOLVO Cars beat second-quarter operating earnings estimates on Thursday (Jul 18) but lowered its full-year retail sales forecast citing the impact of European tariffs on Chinese-made EVs that could...
Morgan Stanley traders, bankers top estimates as wealth lags
MORGAN Stanley’s traders joined the party across Wall Street in the second quarter even as the firm’s larger wealth business fell short of expectations.
The bank’s trading business posted the...
Tesla beats estimates with less-drastic drop in EV sales
TESLA reported its second consecutive drop in quarterly deliveries, despite measures chief executive officer Elon Musk took to stem the decline.
The carmaker said on Tuesday (Jul 2) that it...
