Latest in Profit Guidance Expects
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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 - 2 days ago -
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 - 2 days ago -
Pfizer’s guidance bump will not heal deeper wounds
Starboard is right to take drugmaker to task for bingeing on overpriced dealsBusiness - Financial Times - 2 days ago -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - 20 hours ago -
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 -
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 - 2 days ago -
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 - 2 days ago -
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 - Yesterday -
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 - 21 hours 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 hours ago -
EstéeLauder Shares Plunge Nearly 20% 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 hours 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 - 7 hours 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 hours ago