Estimates
China’s JD.com misses quarterly revenue estimates amid weak consumer spending
CHINESE e-commerce group JD.com missed market estimates for quarterly revenue on Thursday (Nov 14), as persistent economic woes pressured consumers to cut back on spending.
A prolonged property sector crisis,...
China’s JD.com struggles to shake off consumption weakness, misses revenue estimates
CHINESE e-commerce group JD.com missed market estimates for quarterly revenue on Thursday (Nov 14), as a persistent slowdown in the world’s second-largest economy pressured consumers to keep a tight...
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net interest income (NII) and strong performance of fees, the Dutch...
Spotify beats subscriber, margin estimates even as ad sales lag
SPOTIFY Technology reported third-quarter growth in subscribers and profit margins, saying lower marketing and personnel costs helped the music streaming service overcome a tough climate for advertising.Paying subscribers grew...
UOB surpasses estimates with 16% higher Q3 profit of S$1.61 billion
UOB’S net profit for the third quarter ended September rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year before.Its results released on Friday...
Tinder-parent Match forecasts quarterly revenue below estimates on weak demand
MATCH Group forecast fourth-quarter revenue below Wall Street estimates on Wednesday (Nov 6), a sign of weak demand for its dating apps as customers cut back on discretionary spending,...
DBS beats estimates as Q3 net profit rises 17% to S$3.03 billion; sets up S$3 billion share buyback programme
DBS’ net profit for the third quarter ended March 2024 rose 17 per cent year on year to S$3.03 billion – crossing the S$3 billion mark for the first...
Qualcomm forecasts beats estimates, shares jump 8.5%
CHIP designer Qualcomm on Wednesday (Nov 6) forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits a wave of launches of...
