Latest in Cuts Profit Guidance
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Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
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 -
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.Business - MarketWatch - October 15 -
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 -
Nivea Owner on Track to Meet Guidance After Rise in Sales
Beiersdorf confirmed its expectations for the year after posting an increase in sales during the first nine months, helped by its star brand.Business - The Wall Street Journal - October 24 -
Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer
Harley-Davidson’s stock was down Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance ...Business - MarketWatch - October 24 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Novartis Lifts Guidance Again After Key Drugs Help Results
The pharmaceutical giant raised its full-year guidance for the third time this year after higher third-quarter profit and sales topped analysts’ expectations, boosted by revenue from its key drugs.Business - The Wall Street Journal - October 29 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - 6 days ago -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - 5 days ago -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - 5 days ago -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - 4 days ago -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - 5 days ago -
Roblox’s stock soars on third-quarter bookings beat and raised guidance
Roblox shares rose after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.Business - MarketWatch - 5 days ago -
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.Business - CNBC - 4 days ago -
Don't be alarmed by conservative guidance after a solid quarter, Jim Cramer says
CNBC's Jim Cramer on Thursday told investors not to get scared off when a company posts good earnings results but issues more modest guidance.Business - CNBC - 4 days ago -
Freshpet’s stock jumps premarket after earnings beat and company raises guidance
Sales rose more than 25% for a 25th straight quarterBusiness - MarketWatch - Yesterday -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - Yesterday -
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings seasonBusiness - Financial Times - October 16 -
Whitbread Aims to Boost Profit, Shareholder Returns
The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...Business - The Wall Street Journal - October 16 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Kering warns on profit as Gucci sales plunge
French luxury group grapples with turnaround at its biggest brand as demand dips in AsiaBusiness - Financial Times - October 24 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24