Latest in Beats Guidance Q3
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Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23 -
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.Business - The Wall Street Journal - October 23 -
Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.Business - The Wall Street Journal - October 23 -
Dassault Systemes Cuts Guidance After Earnings Disappoint
The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.Business - The Wall Street Journal - October 24 -
Brambles Reaffirms Guidance Despite Stalling U.S. Volumes
The pallet maker said it affirmed guidance despite lower September-quarter demand from existing U.S. customers.Business - The Wall Street Journal - October 23 -
Mattel, Hasbro lower guidance ahead of holiday season
Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during the third quarter.Business - CNBC - October 24 -
Pfizer’s earnings crush estimates as company raises guidance
Drug company Pfizer saw strong growth for its heart-disease drugs and migraine treatment.Business - MarketWatch - October 29 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Pfizer’s guidance bump will not heal deeper wounds
Starboard is right to take drugmaker to task for bingeing on overpriced dealsBusiness - Financial Times - October 29 -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - October 30 -
Ferrari reiterates guidance as China deliveries fall sharply
Ferrari on Tuesday reiterated guidance that it had increased earlier in the year as the sports-car maker said shipments fell sharply in China.Business - MarketWatch - 2 days ago -
Palantir shares close up 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.Business - CNBC - 2 days ago -
Henkel Backs Guidance After Sales Rise
The German chemical and consumer-goods company, which owns brands including Persil and Schwarzkopf, reported higher sales and backed expectations for the year.Business - The Wall Street Journal - 2 days ago -
Vonovia After-Tax Loss Narrows, Confirms Guidance
The real-estate company posted a net loss of 592 million euros for the first nine months of 2024, and continues to expect its full-year result to reach the upper end of its guidance range.Business - The Wall Street Journal - 2 days ago -
Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market
Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a ...Tech - ABC News - October 17 -
The Musk-led group driving millions to Trump’s White House bid
Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox NewsWorld - Financial Times - October 17 -
How the UK can improve its ‘offer’ to the world
Eli Lilly’s chief says the country must do more to attract business, yet budgets are tightWorld - Financial Times - October 17 -
Gold: ‘the ultimate perceived safe haven asset’?
BofA gets the goldbugWorld - Financial Times - October 17 -
Cheaper alternative to northern leg of HS2 under consideration
Feasibility study to be launched for a Birmingham to Manchester rail route that could be part-funded by private financeWorld - Financial Times - October 17 -
Labour’s unambitious reset with the EU
The UK government has constrained itself too much within its red linesWorld - Financial Times - October 17 -
Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget
Move by work and pensions secretary likely to cause concern among disability rights activistsWorld - Financial Times - October 17 -
Vans maker VF Corp. rallies 23% on results, and CEO says he feels good about Q3
Shares of VF Corp. rocketed higher after hours on Monday after the parent company of Vans and the North Face reported second-quarter results that beat expectations, as it looks to tighten up ...Business - MarketWatch - October 29 -
AMC reports better-than-expected Q3 results amid improving box office
AMC Entertainment Holdings reported better-than-expected third-quarter revenue and a narrower loss after market close Wednesday, with the movie-theater chain and original meme stock pointing toward ...Business - MarketWatch - Yesterday -
Rio Ferdinand: ‘Guidance was my mum’s passion, it’s her legacy as well’
The former England and Manchester United defender’s foundation is now having an impact far beyond the south London estate where he grew up. Whenever Rio Ferdinand needs inspiration, he remembers ...World - The Guardian - October 14 -
Entain Raises Full-Year Guidance After Results Exceed Expectations
Ladbrokes owner Entain raised its full-year guidance and reported third-quarter results that exceeded its own expectations, helped by growth in the U.S.Business - The Wall Street Journal - October 17 -
Saab Sees Sales at Upper End of Guidance as Defense Spending Surges
The Swedish defense company said demand remained high across its business units, but it noted significant strength in its dynamics division, which produces equipment such as ground combat weapons ...Business - The Wall Street Journal - October 22 -
Akzo Nobel Sees Full-Year Earnings at Lower End of Guidance
The Dutch paints company reported a fall in third-quarter net profit, missing consensus views, and said it expected full-year earnings at the lower end of its guidance.Business - The Wall Street Journal - October 23 -
Volvo Cars says it will not support Northvolt as it slashes sales guidance
Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key marketsBusiness - Financial Times - October 23