Business
Apple revenue forecast beats estimates as iPhone sales soar
Apple forecast revenue well above Wall Street’s estimates on Thursday, following strong June-quarter results supported by customers buying…
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estimates
Business
Grab Holdings beats quarterly revenue estimates
Grab Holdings beat Wall Street expectations for second-quarter revenue on Wednesday, as consumers boosted spending on its ride-hailing and…
Business
UBS second-quarter profit doubles to $2.4 billion, beats estimates
UBS’ second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other major banks in…
Business
HSBC first-half profit falls 26%, misses estimates
Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday, missing analyst estimates, as a US$2.1 billion impairment…
Business
Visa beats quarterly estimates on resilient consumer spending but steady forecast drags shares
Visa beat Wall Street estimates for third-quarter profit and revenue on Tuesday (Jul 29), as the global payments processing company was…
Business
Mondelez beats second-quarter estimates on strong international demand
CADBURY-PARENT Mondelez International beat Wall Street estimates for second-quarter revenue and profit on Tuesday, supported by steady…
Business
P&G estimates US$1 billion tariff hit, plans some US price hikes
Procter & Gamble executives projected a US$1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said…
Business
Nomura profit exceeds estimates on stock trading boom
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall…
Business
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38 Moody’s, a bond grader and financial data provider,…
Business
Citigroup profit beats estimates on trading, deals windfall
Citigroup’s quarterly profit beat Wall Street estimates on Tuesday (Jul 15), as its traders brought in a windfall from turbulent markets…
Business
Circle K owner misses estimates on lower fuel prices, demand
Circle K owner Alimentation Couche-Tard slightly missed earnings estimates for its fiscal fourth quarter earnings because of lower fuel…
Business
Micron forecasts revenue above estimates on AI-driven memory chip demand
The company expects an adjusted gross margin of about 42%, plus or minus 1%. Micron Technology forecast fourth-quarter revenue above Wall…
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11 million? 20 million? 50 million? Estimates of the illegal immigrant population soar
As Homeland Security Secretary Kristi Noem has been making the rounds on Capitol Hill this month, she's tossed out some startling…
Business
Ralph Lauren beats quarterly revenue estimates on resilient demand
It posted quarterly revenue of US$1.70 billion, compared with estimates of US$1.65 billion Ralph Lauren surpassed quarterly revenue…
Business
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
[BENGALURU/SHANGHAI] Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday (May 15), as the e-commerce group works…
Business
Shell Q1 profit drops 28%, beats estimates, keeps share buybacks steady
Shell reported a 28 per cent drop in first-quarter net profit to US$5.58 billion on Friday (May 2), beating analyst expectations, while it…
Business
StanChart Q1 profit beats estimates as lender weighs impact of Trump’s tariff war
Standard Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war.…
Business
eBay announces CFO transition; sees quarterly revenue ahead of estimates
The company’s use of generative artificial intelligence, including its “magical” listing tool, and improvements in search and targeted…
Business
Visa earnings top estimates as spending on network stays strong
The company also says at the investor day that it expects its value-added services to account for more than half of total revenue in…
Business
Coca-Cola results beat estimates on price hikes, demand surge
Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from…
Business
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertainty United Parcel Service reported a…
Business
German software maker SAP beats operating profit estimates for first quarter
SAP continues to expect cloud revenues in a range of 21.6 billion euros to 21.9 billion euros for the year, the company says German…
Business
TSMC sales beat estimates as AI demand soars ahead of US tariffs
Major tech companies, including Alphabet and Meta Platforms, have not revised plans to invest tens of billions of US dollars in artificial…
Business
TSMC sales beat estimates as AI demand soars
Taiwan Semiconductor Manufacturing Company’s (TSMC) quarterly revenue rose a larger-than-anticipated 42 per cent, reflecting strengthening…