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Samsung first-quarter beats estimates; chips likely to prop up virus-hit second-quarter

Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs......»»

Category: topSource: reutersApr 7th, 2020

Samsung Electronics beats first-quarter estimates, braces for bigger blow from coronavirus

Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs......»»

Category: topSource: reutersApr 6th, 2020

Samsung Electronics says first-quarter profit likely rose 3%, beating estimates

Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely rose 3% from a year earlier, slightly beating analysts' forecasts as chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs......»»

Category: topSource: reutersApr 6th, 2020

Samsung Electronics says profit fall likely milder than forecasts as chip prices bottom out

Samsung Electronics Co Ltd on Wednesday said quarterly operating profit likely fell at a milder pace than analysts forecast, indicating memory chip prices bottomed out and strengthening hope of recovery from an industry downturn......»»

Category: topSource: reutersJan 7th, 2020

Samsung"s profits fall by half in third quarter

Samsung Electronics was upbeat on Thursday even though it reported that third-quarter operating profit more than halved due to low prices of memory chips, saying chip sales should pick up next year. Ryan Brooks reports......»»

Category: videoSource: reutersOct 31st, 2019

Carlsberg forecasts 10% profit growth for 2019

Danish brewer Carlsberg revised upwards its annual profit growth outlook on Monday, saying it now expects organic operating profit to rise by around 10% versus a previous forecast for a "high single-digit" percentage increase......»»

Category: topSource: reutersOct 28th, 2019

Volvo Group Forecasts Chill In New Truck Orders As Q3 Earnings Rise

AB Volvo (OTC: VLVLY) reported higher third-quarter profits and sales on Friday, October 18. read more.....»»

Category: blogSource: benzingaOct 18th, 2019

Airbus second-quarter profits rise and beat analyst forecasts

Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half......»»

Category: topSource: reutersJul 31st, 2019

Samsung forecasts profit plunge

Samsung Electronics says second-quarter profits are likely to plunge as the U.S.-China trade war and tensions over Huawei eat into sales. Julian Satterthwaite reports......»»

Category: videoSource: reutersJul 5th, 2019

Samsung posts revenue and profit declines in 1Q19

Samsung Electronics has reported operating profits of KRW6.2 trillion (US$5.3 billion) on consolidated revenues of KRW52.4 trillion for the first quarter of 2019. The profit and revenue results show declines of 60% and 13%, respectively, on year......»»

Category: topSource: digitimesMay 3rd, 2019

Citigroup"s 1Q profits rise 2%, beating forecasts

Banking conglomerate Citigroup said its first quarter profits rose by a relatively quiet 2% from a year earlier, as higher interest income helped offset a decline in trading revenue......»»

Category: topSource: foxnewsApr 15th, 2019

Wells Fargo profit beats forecasts as interest rates rise

Consumer banking giant Wells Fargo said its profits rose by 14% from a year earlier, helped by higher interest rates which offset the restrictions put on the bank's businesses after years of scandal......»»

Category: topSource: moneycentralApr 12th, 2019

Tesco profits jump as Britons keep spending despite "Brexit fatigue"

Tesco reported a better-than-expected 34 percent rise in full-year operating profit and hiked its dividend on Wednesday, cementing the recovery of Britain’s biggest retailer under boss Dave Lewis. Pascale Davies reports......»»

Category: videoSource: reutersApr 10th, 2019

Samsung"s Earnings Hot Streak Continues

Sales of memory chips drove the company’s fourth consecutive quarter of record operating profits, but investors are focused on how long the good times can keep rolling......»»

Category: smallbizSource: wsjApr 25th, 2018

Samsung Electronics forecasts operating profit growth at 5% in second quarter

The world's largest smartphone and semiconductor maker missed analysts' estimates......»»

Category: topSource: foxnewsJul 5th, 2018

Samsung forecasts smaller than expected profit gains in 2Q

Samsung Electronics says its second-quarter operating profit rose 5 percent over a year earlier......»»

Category: topSource: foxnewsJul 5th, 2018

Samsung Electronics Predicts End to Streak of Record Earnings

The company forecasts second-quarter operating profit will grow 5%, though the result missed analyst estimates and would halt what had been four straight quarters of record earnings......»»

Category: asiaSource: wsjJul 6th, 2018

BMW beats second-quarter forecasts as new anti pollution rules dent rivals

BMW reported a smaller-than-expected 6 percent decline in second quarter operating profit on Thursday while brushing off concerns about new anti-pollution rules and global trade tensions which caused rival Daimler to warn on profits......»»

Category: topSource: reutersAug 2nd, 2018

BMW beats second-quarter forecasts as new anti-pollution rules dent rivals

BMW reported a smaller-than-expected 6 percent decline in second quarter operating profit on Thursday while brushing off concerns about new anti-pollution rules and trade tensions which caused rival Daimler to warn on profits......»»

Category: topSource: reutersAug 2nd, 2018

Glencore reports record earnings, higher costs too

Glencore reported a 23 percent rise in first-half core earnings on Wednesday, just below analyst forecasts, as higher costs and lower prices for cobalt and other products ate into profits......»»

Category: topSource: reutersAug 8th, 2018