Latest in Profit Lags
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DHL Owner Net Profit Falls on Costs
Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.Business - The Wall Street Journal - November 5 -
Primark owner profits jump despite summer washout
It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.Top stories - BBC News - November 5 -
BMW Posts Sharp Fall in Automotive Profitability
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.Business - The Wall Street Journal - November 6 -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
China woes weigh on profits at Toyota, Honda and BMW
Even the strongest international carmakers are suffering from intense competition in the Chinese marketWorld - Financial Times - November 6 -
Rivian Maintains Profitability Target Despite Part Shortage
The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its first gross profit by year-end.Business - The Wall Street Journal - November 7 -
Vistry shares plunge as cost overruns hit profits
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costsBusiness - Financial Times - November 8 -
Flattery, profits, peace: Ukraine’s pitch to Trump
Two ideas included in Volodymyr Zelenskyy’s ‘victory plan’ were crafted with the Republican’s presidency in mindWorld - Financial Times - 3 days ago -
Allianz Narrows Guidance Range After Profit Beat
The insurance giant narrowed its outlook for the year to the upper end of its range after lower natural catastrophe claims drove third-quarter profits above expectations.Business - The Wall Street Journal - 2 days ago -
Tencent Profit Momentum Continues on Gaming Strength
Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.Business - The Wall Street Journal - 2 days ago -
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - Yesterday -
JD.com Profit, Revenue Rise as Consumer Sentiment Improves
The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.Business - The Wall Street Journal - Yesterday -
NetEase's Profit Falls on Weaker Gaming Revenue
The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.Business - The Wall Street Journal - Yesterday -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - Yesterday -
General Motors’ stock jumps after big profit beat, progress on EV profits
GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.Business - MarketWatch - October 22 -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
TSMC profits jump 54% on back of AI chip boom
World’s biggest chipmaker says demand has recovered across all segments despite fears of industry slumpBusiness - Financial Times - October 17 -
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...Business - MarketWatch - October 17 -
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.Business - MarketWatch - October 17 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC
The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.Business - The Wall Street Journal - October 17 -
Netflix adds 5 million subscribers and beats Wall Street's profit expectations
Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.Entertainment - Los Angeles Times - October 17 -
Netflix to double profits after adding millions of subscribers in three months
After cracking down on password sharing, expanding into ads and investing billions in live TV, group declares success. Netflix expects to double its profits this quarter after the world’s largest ...World - The Guardian - October 17 -
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering offTech - ABC News - October 17 -
Truck maker Volvo's Q3 adjusted profit falls more than expected
Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...Sports - Yahoo Sports - October 18 -
‘Money Like a Woman’: A Bold Move to Align Purpose With Profit
A New York credit union is on a mission: women’s financial empowerment. More than half its customers are men. Here’s the strategy.Business - Inc. - October 18 -
Starbucks boss shakes up menu to win back customers
The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecksTop stories - BBC News - October 23 -
Labour to end profit incentive for rail operators in run-up to nationalisation
Train bosses accuse government of being ‘ideological’ over ending post-Covid scheme letting them keep more cashWorld - Financial Times - October 23 -
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.Business - CNBC - October 23 -
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risksBusiness - Financial Times - October 23 -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand
Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.Business - MarketWatch - October 23
