corporate-profits
InvestingHeidelberg Raises Outlook on North America Boost, Shares Hit Record High
BusinessFerrari’s Core Profit Rises Despite Shipment Dip After Software Switch
BusinessPrimark and Groceries Fuel Profits at Britain’s Ab Foods
InvestingQ3 Earnings Half-Time in Europe: Investors Reward Beats but Fret About China
Nintendo Cuts Annual Profit Forecast 10% as Switch Sales Slow
Date: November 5, 2024
By Kiyoshi Takenaka TOKYO (Reuters) -Nintendo cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing Switch console lost steam. The forecast is below analyst estimates for profit of 391.4 billion yen. The Kyoto-based gaming company sold 4.7 million...
French Conglomerate Bouygues Posts 9-month Core Profit Slightly Above Forecast
Date: November 5, 2024
(Reuters) – French construction-to-telecoms group Bouygues posted nine-month core earnings slightly above expectations on Tuesday, driven mainly by its energy arm Equans, construction and telecom units, which offset a decline in the real estate division. Bouygues acquired Equans from French power group Engie in October 2022 as the family-owned group — already present in civil...
Toyota to Post First Profit Drop in 2 Years as Demand Cools After Big Run
Date: November 5, 2024
By Daniel Leussink TOKYO (Reuters) – Toyota Motor is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand after a run of robust earnings helped by a consumer shift away from electric vehicles. The world’s largest automaker is nonetheless expected to deliver almost $8...
Ryanair H1 Profit Falls 18% on Lower Fares, but Price Weakness Moderating
Date: November 4, 2024
By Conor Humphries DUBLIN (Reuters) -Budget airline Ryanair said on Monday that average fares fell 10% in the six months ended September, leading to an 18% year-on-year fall in first-half profit, but its current quarter bookings looked strong and ticket price weakness was moderating. After-tax profit for the first half of Ryanair’s financial year was...
Shell’s $6 Billion Profit Smashes Forecasts as Lng Offsets Weak Refining
Date: October 31, 2024
By Ron Bousso LONDON (Reuters) -Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil refining and trading results. The results, together with a drop in debt and strong cash flow, could lift investor confidence in CEO Wael...
Norwegian Cruise Lifts Profit Forecast Again After Record Ticket Sales
Date: October 31, 2024
(Reuters) – Norwegian Cruise Line Holdings on Thursday raised its annual profit forecast for a fourth time this year, encouraged by record third-quarter revenue and advance ticket sales. Cruise operators marked robust demand this quarter for their vacation experiences as consumer spending in the U.S. increased at its fastest pace in 1-1/2 years and inflation...