Profit
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Apple Beats Revenue, Profit Estimate on iPhone Sales Growth
Apple Inc on Thursday reported quarterly revenue and profit above Wall Street’s expectations, with iPhone sales rising and wearables sales slipping less than analysts had feared despite a continuing slump…
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BP Back In Q1 Profit After Record Loss On Russia Exit
BP chief Bernard Looney has slowed plans for transitioning to renewable energy sources AFP British energy giant BP reported Tuesday a net profit of $8.2 billion for the first quarter,…
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United Airlines Sees Return To Profit On ‘Strong’ International Travel Demand
A United Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Reuters United Airlines Holdings Inc on Tuesday forecast…
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J&J Lifts Profit Forecast On Pharma Boost, Medical Devices Recovery
Johnson & Johnson company offices are shown in Irvine, California, U.S., October 14, 2020. Reuters Johnson & Johnson beat quarterly earnings estimates and raised its 2023 profit forecast on Tuesday,…
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Confidence In European Banks Plunges Again As Profit Outlook Dims
The Credit Suisse logo in New York City, U.S., March 16, 2023. Reuters Confidence in European banks deteriorated further on Friday, with the cost of insuring against a debt default…
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Zara Owner Inditex Posts Record Profit
Zara owner Inditex sold its stores in Russia, the company’s second biggest market AFP Zara owner Inditex, the world’s biggest fashion retailer, reported record profits for 2022 despite halting operations…
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Saudi Oil Giant Aramco Reports Record Profit of $161 Billion for 2022
Saudi Arabian Oil Company (Saudi Aramco) has announced a record net income of $161.1 billion for 2022, its highest annual profit as a listed company, state media reported. Saudi Aramco…
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Hong Kong’s Cathay Pacific Reports First Operating Profit Since 2019
Cathay Pacific has lagged regional rivals in recovering from the pandemic as Hong Kong kept strict Covid containment rules in place AFP Hong Kong carrier Cathay Pacific on Wednesday reported…
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Deere Profit Beats Forecast, 2023 Outlook Raised; Shares Jump 6%
Equipment for sale is seen at a John Deere dealer in Denver, Colorado, U.S. May 14, 2015. Reuters Deere & Co raised its annual profit forecast on Friday after beating…
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Barclays Profit Slides As Costs Surge, Deals Fees Collapse
The Barclays logo is seen on public hire bicycles in central London October 30, 2014. Reuters Barclays reported a 14% fall in annual profits, hurt by surging expenses and by…
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Singapore’s DBS, Southeast Asia’s Largest Bank, Says Quarterly Profit Jumps 68%
DBS Group reported a higher-than-expected 68% rise in quarterly profit as rising interest rates boosted its net interest margins and Southeast Asia’s largest bank by assets retained its full-year outlook…
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Tether Flaunts $700M Q4 2022 Net Profit Despite Troublesome Crypto Winter
KEY POINTS Tether’s December 31, 2022 attestation report dated was completed by BDO Italia The report recorded around $67 billion in consolidated assets and excess reserves of around $960 million…
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Lyft Says Lower Prices To Hit Profit, Shares Drop 30%
Lyft logo is seen in this illustration taken June 27, 2022. Reuters Lyft Inc on Thursday forecast current-quarter profit far below Wall Street targets as the ride-hailing service lowered prices,…
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Thomson Reuters Fourth-quarter Profit Tops Estimates
The Thomson Reuters logo is seen on the company building in Times Square, New York, U.S., January 30, 2018. Reuters Thomson Reuters Corp on Thursday reported higher-than-expected earnings in the…
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Toyota’s Q3 Profit Jumps 22%, Buoyed By Weak Yen And Higher Sales
A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. Reuters Japan’s Toyota Motor Corp posted a surprise 22% rise in third-quarter…
