Tag: fourthquarter
Samsung says it expects fourth-quarter operating profit to fall 35%
Published on 01/09/2024 at 6:55 a.m. Photo credit © Reuters SEOUL (Reuters) – Samsung Electronics said on…
Southwest Airlines expects fourth-quarter revenue to fall
(AOF) – Southwest Airlines is expected to decline sharply in pre-market on Wall Street after announcing a drop of 9 to 11% year-on-year in its RASM (revenue per available seat/mile)…
Australia’s Lynas’ fourth-quarter revenue jumped on surging demand for rare earths.
Demand for rare earth minerals – which are used in everything from cars to laptops to missiles – has skyrocketed in recent years as countries and companies seek to reduce…
Honda: Lower-than-expected decline in fourth-quarter operating profit
Published on 05/13/2022 at 12:30 p.m. Photo credit © Reuters TOKYO (Reuters)…
Brazil-based Itausa’s fourth-quarter recurring profit rises 53%.
The company reported recurring net profit, which excludes exceptional items, of 4.185 billion reais ($802.51 million) in the last quarter of 2021. Net profit was 4.117 billion reais, up 12%…
ABB’s fourth-quarter profit beats forecasts
The maker of fast chargers for electric vehicles and industrial drives for factories reported net profit of $2.64 billion, beating forecasts of $2.42 billion, in a consensus of analysts’ forecasts.…
SK Hynix’s fourth-quarter profit quadruples on influx of memory chips.
South Korea’s SK Hynix saw its fourth-quarter operating profit quadruple year-on-year, helped by strong demand for memory chips from server customers looking to increase their data storage capacity. The world’s…
BofA: Mergers and acquisitions and credit growth boost fourth-quarter profit
(Reuters) – Bank of America Corp on Wednesday reported a jump in fourth-quarter profit as strong growth in its credit business and buoyant M&A deals helped boost its banking division.…