Deere and Co.’s 1st-Quarter Earnings Weakened Due to Higher Costs

FedEx said the increased volume of packages offset its higher labor costs and weather-related expenses during the quarter.....»»

This is an excerpt from Monday's Point of Sale retail supply chain newsletter. We are entering a highly anticipated earnings season, especially for consumer and retail companies. Most analysts will be looking at the nat.....»»

Deere & Company (NYSE: DE) far exceeded the Street’s first-quarter expectations. The company's $1.63 bottom line beat $1.26 consensus estimates, while sales of $7.63 billion surpassed forecasts of $6.42 billion. For t.....»»

Deere & Company (NYSE: DE) far exceeded the Street’s first-quarter expectations. .....»»

Siemens Healthineers' operating income slipped 11% in the first quarter of its fiscal year, despite higher revenues, as it sold less profitable imaging machines and incurred ramp-up costs for its new Atellica blood-testing machines......»»

Sweden's Ericsson reported a smaller-than-expected rise in fourth-quarter core earnings on Friday and said higher costs would spill over into 2020 as the telecoms equipment maker looks to exploit its leading position in super-fast 5G networks......»»

Ericsson says costs rise in the quarter as it invested in acquisitions, digitization, security and ethics and compliance. It said that costs will continue to rise this year but won’t jeopardize its 2020 or 2022 financial targets......»»

Appliance maker Electrolux AB said on Sunday its North American business would take a higher than forecast $70 million earnings hit in the fourth quarter, partly due to extra costs related to its move into a new facility in South Carolina......»»

Operating profit for Lufthansa Group dipped slightly in the third quarter from a year ago in the face of higher fuel costs and subpar performance at Au.....»»

Cargo business fell during a challenging third quarter for American Airlines (NASDAQ: AAL), which faced operational disruptions and higher costs from labor issues and the grounding of the Boeing 737 MAX. read more.....»»

Toy manufacturer Hasbro, Inc. (NASDAQ: HAS) reported sharply lower third-quarter earnings, citing tariffs on Chinese products and higher supply chain costs. read more.....»»

Global equipment manufacturer Caterpillar Inc.'s(NYSE: CAT) second quarter earnings disappointed analysts. The company cited a combination of tariffs, weaker sales in China and slower growth in the Permian Basin for the declines. read more.....»»

Interactive Brokers' (IBKR) second-quarter 2019 results reflect higher expenses and a decline in revenues. Want t.....»»

Lowe's Cos Inc cut its full-year profit forecast after reporting disappointing first-quarter earnings, as the home improvement chain failed to raise prices in time to make up for higher costs, sending its shares down 9%......»»

Lowe's Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch up with larger rival Home Depot dented margins, sending its shares down 9%......»»

Home improvement chain Lowe's Cos Inc cut its full-year profit forecast on Wednesday and reported disappointing first-quarter earnings, hurt by higher costs that dented margins, sending its shares down 8%......»»

HSBC witnesses growth in revenues in the first quarter of 2019. However, h.....»»

Kellogg Co said on Thursday it will replace its chief financial officer, and the cereal, breakfast foods and snacks maker reported a 36.5 percent decline in first-quarter earnings, citing a strong U.S. dollar and higher costs......»»

Pfizer Inc on Tuesday reported first-quarter profit that beat Wall Street estimates and slightly raised its 2019 earnings forecast, as the company reined in costs and recorded higher sales of blood thinner Eliquis and Prevnar pneumonia vaccine......»»

Daimler's first-quarter operating profit fell 16 percent despite a 718 million euros one-off gain, it said on Friday, as a 4 percent drop in sales of Mercedes-Benz cars, higher raw material costs and investments weighed on earnings......»»