Estimates
Warner Bros Discovery misses quarterly revenue estimates
WARNER Bros Discovery fell short of Wall Street estimates for quarterly revenue on Friday (Feb 23), weighed down by the absence of blockbuster releases due to the lingering impact...
Moderna beats sales estimates as Covid shot gains market share
MODERNA reported fourth-quarter revenue that beat analysts’ expectations by gaining Covid vaccine market share on its rival, Pfizer. The company posted quarterly revenue of US$2.8 billion for its Covid-19...
Nestle misses full-year organic sales estimates as price hikes deter shoppers
NESTLE reported full-year organic sales growth slightly below expectations on Thursday (Feb 22) as the world’s biggest packaged food company continued to hike prices, prompting some shoppers to turn...
China’s Lenovo posts Q3 revenue growth, beats analyst estimates
CHINA’S Lenovo Group, the world’s largest maker of personal computers (PCs), on Thursday (Feb 22) reported October to December revenue of US$15.72 billion, up 3 per cent from the...
Garmin forecasts strong 2024 revenue, beats quarterly estimates
NAVIGATION device maker Garmin beat fourth-quarter earnings expectations and forecast full-year revenue above estimates on Wednesday (Feb 21), betting on strong growth in its auto and fitness businesses. Shares...
Sun Life Financial beats estimates on Asia growth, insurance sales
SUN Life Financial beat analyst estimates for fourth-quarter profit, boosted by momentum in its Asia business and strong sales of individual and group insurance policies. The Toronto-based insurer and...
KFC-parent Yum Brands sales miss estimates amid cautious consumer spending
YUM Brands missed Wall Street estimates for quarterly sales on Wednesday (Feb 7), with weaker growth for all three of its top chains, as fewer customers ordered at Taco...
Alibaba misses revenue estimates; boosts buyback by US$25 billion
CHINA’S Alibaba Group Holding on Wednesday (Feb 7) missed analysts’ estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world’s second-largest....
