Ericsson third-quarter core profit tops forecast, lifts 2020 sales target

Telecoms equipment maker Ericsson reported quarterly core earnings well ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger 5G market and currency effects......»»

Discount store operator Dollar General Corp raised its full-year profit forecast on Thursday after reporting its best quarterly same-store sales rise in nearly five years, benefiting from a wider selection of products and revamped stores......»»

Walmart posted stronger-than-expected third quarter earnings Thursday, and boosted its full-year profit guidance as e-commerce and grocery sales at the world's biggest retailer continue to surge......»»

Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected......»»

Italian luxury carmaker Ferrari beat forecasts with a 14 percent rise in first-quarter core earnings, driven by strong sales of its Portofino model and increased shipments in all regions, and stuck to its full-year targets......»»

AbbVie Inc beat Wall Street estimates for third-quarter profit and raised its earnings forecast for the year on Friday, driven by strong sales of blockbuster cancer medicine Imbruvica......»»

AbbVie Inc beat Wall Street estimates for third-quarter profit on Friday, driven by strong sales of blockbuster cancer medicine Imbruvica, and the drugmaker raised its 2018 earnings forecast, sending its shares up 4 percent......»»

Luxury sports car maker Ferrari cut its 2020 core profit forecast on Monday due to disruption caused by the coronavirus pandemic, which it said would mainly hit second quarter results......»»

Honeywell International Inc. reported Friday a first-quarter profit that rose above expectations, but sales that fell more than forecast as the industrial conglomerate said the COVID-19 pandemic had a significant impact on its supply chain, customer si.....»»

Samsung Electronics saw its consolidated sales and operating profit for the first quarter of 2020 come within its guidance range, but has warned of a weak second quarter due to the impact of the coronavirus pandemic on sales of its core products......»»

Merck & Co Inc on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the COVID-19 pandemic......»»

Eli Lilly and Co raised the top-end of its 2020 profit forecast on Thursday and reported better-than-expected quarterly results, as customers stocking up medicines such as diabetes drug Trulicity during the coronavirus pandemic boosted sales......»»

Gap Inc forecast 2020 profit above market expectations on Thursday as it pushes through its restructuring plan, but said it expected an impact of $100 million in first-quarter sales due to the fast-spreading coronavirus in Asia and Europe......»»

Nordstrom Inc forecast a 2020 profit largely below market expectations on Tuesday, after the upscale apparel retailer missed estimates for fourth-quarter revenue, sending its shares down nearly 8% in after-market trading......»»

Anheuser-Busch InBev ABI.BR, the world's largest beer maker, suffered a greater than expected fall in core profit in the fourth quarter last year and forecast muted growth in 2020 due in part to the coronavirus outbreak in China......»»

Ferrari said on Tuesday its fourth-quarter core profit rose 22% to meet the Italian luxury carmaker's upgraded forecasts for last year......»»

D.R. Horton Inc topped expectations for profit and revenue in the fourth quarter and forecast 2020 home sales above analysts' estimates, as cheaper mortgage rates buoyed demand from buyers, sending shares in the biggest U.S. homebuilder up 3%......»»

German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised its sales forecast and narrowed its profit target after a strong third quarter in all regions......»»

German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised its sales forecast and narrowed its profit target after a strong third quarter in all regions......»»

Target Corp beat Wall Street estimates for quarterly profit and raised its annual forecast on Wednesday, as higher investments to cater to changing shopping habits lifted online sales and attracted more shoppers, sending shares up 7%......»»