Commerzbank AG said Wednesday that rising rates and strong customer business helped it to expectations-beating profit and revenue for the third quarter, despite high one-off costs in Poland. Germany’s second-largest Read more
Tag: Earnings Projections
Siemens Healthineers posts forecast-beating earnings and revenue, driven by imaging division
Siemens Healthineers on Wednesday posted rising earnings and revenue for the fourth quarter of its fiscal year that beat expectations, driven by the imaging division. The German healthcare company SHL, Read more
AMC stock tumbles after reporting 12th consecutive quarterly loss
AMC Entertainment Holdings Inc. reported its 12th consecutive quarterly loss and revenue that topped analysts’ estimates after market close on Tuesday, sending shares lower in after-hours trading. The movie-theater chain Read more
Affirm stock plunges toward record low after Peloton’s struggles weigh on forecast
Affirm Holdings Inc. shares plummeted Tuesday afternoon, after executives brought down their annual guidance for the buy-now-pay-later company amid troubles at one of its most important partners in recent years, Read more
Upstart stock melts down after earnings as forecast falls well shy of expectations
Upstart Holdings Inc. has seen its value plummet this year, and it appears set for further declines after posting lower-than-expected results for its latest quarter. On Tuesday, the company, which Read more
Semiconductor stocks have bounced from 2022 lows — and analysts expect upside of at least 28% in the next year
For investors aiming to take advantage of stock market declines, the obvious question is: How far is too far for stocks to fall? The semiconductor industry, a standout performer during Read more
Coca-Cola HBC lifts guidance after strong third quarter performance
Coca-Cola HBC AG on Tuesday raised its full-year comparable EBIT guidance after a strong third-quarter performance that was boosted by higher volumes and subsequent revenue growth. The FTSE 100 Coca-Cola Read more
Deutsche Post lifts guidance after forecast-beating profit and revenue
Deutsche Post AG on Tuesday raised its full-year guidance after its operating profit jumped on year, as it weathered economic uncertainty while e-commerce trends gather pace. The German logistics group Read more
Lyft rides price increases to record revenue, but stock still sinks
Lyft Inc. attracted fewer customers in the third quarter than Wall Street expected, but record-high ride-hailing prices sent the company to its highest quarterly revenue ever anyway, executives said Monday. Read more
Palantir revenue tops expectations amid surge in U.S. commercial business
On the heels of a tough week for software stocks, Palantir Technologies Inc. came in just above expectations with its latest quarterly revenue performance while raising its outlook on an Read more