Estimates
Mastercard earnings tops estimates as firm broadens services
MASTERCARD reported earnings that beat estimates as the firm diversifies beyond its traditional payment network into anti-fraud services, data analysis and global money movement.Adjusted net income of US$3.5 billion,...
Mastercard earnings top estimates as firm broadens services
MASTERCARD reported earnings that beat estimates as the firm diversifies beyond its traditional payment network into anti-fraud services, data analysis and global money movement.Adjusted net income of US$3.5 billion,...
Visa profit climbs on cross-border growth, beating estimates
VISA reported a fiscal first-quarter profit that exceeded Wall Street estimates as the world’s biggest payments network posted double-digit increases in cross-border volumes and processed transactions.Adjusted net income rose...
Las Vegas Sands misses profit estimates on weakness in Macao business
CASINO operator Las Vegas Sands missed analysts’ estimates for fourth-quarter profit on Wednesday (Jan 29), hurt by tepid performance of its Macao business.The Las Vegas, Nevada-based company had previously...
Las Vegas Sands misses profit estimates on weakness in Macau business
CASINO operator Las Vegas Sands missed analysts’ estimates for fourth-quarter profit on Wednesday (Jan 29), hurt by tepid performance of its Macau business.The Las Vegas, Nevada-based company had previously...
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday (Jan 29), driven by robust demand in its software unit as businesses ramped up IT spending, sending the company’s shares soaring about...
TSMC profit beats estimates after year of rapid AI-driven growth
TAIWAN Semiconductor Manufacturing Company’s (TSMC) profit in the December quarter topped estimates with a 57 per cent rise, giving a boost to investors hoping to see the artificial intelligence...
Goldman Sachs beats profit estimates; Wells Fargo benefits from dealmaking rebound
The investment bank’s shares rose 2.6% before the bell on Wednesday, while Wells Fargo’s profit was powered by a rebound in dealmaking activityGoldman Sachs posted its biggest profit since...