Nestle SA posted slower - than - expected first quarter sales but held to
its full year forecast for underlying revenue growth.
Not exact matches
April 24 (Reuters)- United Technologies Corp reported quarterly results that topped analysts» estimates on Tuesday and raised its
full -
year forecasts, citing higher demand for spare parts and services from airlines dealing with booming passenger travel.
New York - based Arconic said it now expected
full -
year profit of $ 1.17 to $ 1.27 per share, down from its previous
forecast of $ 1.45 to $ 1.55, and halved its free cash flow estimate to $ 250 million.
Harley - Davidson — The motorcycle maker beat Street
forecasts on both the top and bottom lines, and also maintained its
full -
year forecast for motorcycle shipments.
Through the end of October, the company has sold 2.6 million hardware units in the U.S., and on Monday, boosted its
full year sales
forecast (worldwide) for the Switch from 10 million to 14 million units.
Revenue also beat
forecasts, and the company raised its
full -
year outlook.
The company raised its 2018 adjusted earnings per share
forecast to a range of $ 6.95 - $ 7.15 from $ 6.85 - $ 7.10, and
full -
year sales to a range of $ 63 billion to $ 64.5 billion from $ 62.5 billion to $ 64 billion.
Centene also raised its
full -
year forecast.
New York - based Arconic said it now expected
full -
year profit of $ 1.17 to $ 1.27 per share, down from its previous
forecast of $ 1.45 to $ 1.55, and halved its free cash flow estimate to $ 250 million.
Merck raised its
full -
year forecast for adjusted earnings to between $ 4.16 and $ 4.28 per share from between $ 4.08 and $ 4.23 per share estimated previously.
For the
full year, the retailer
forecast a profit of $ 3.05 and $ 3.35 a share, below analysts» projection of $ 3.70 a share.
The cosmetics maker now expects
full -
year adjusted earnings of $ 4.38 to $ 4.42 per share, compared with an earlier
forecast of $ 4.27 to $ 4.32 per share.
Revenue exceeded
forecasts, as well, and the company raised its
full -
year earnings
forecast.
Garmin reported a higher - than - expected profit for the eighth straight quarter, selling more of its GPS - based outdoor activity gadgets such as underwater watches, leading it to raise its
full -
year revenue
forecast.
The British Chamber of Commerce (BCC) cited higher than anticipated third quarter gross domestic product (GDP) numbers in the revision of its
full -
year forecast to 2.1 percent from 1.8 percent.
Valeant Pharmaceuticals International (vrx) said on Tuesday it would reorganize, and stood by its
full -
year forecast, as it attempts to restore investor confidence after facing a storm of criticism over its business practices.
For the
full year, it said it is aiming for 92 - 96 million premium users, representing growth of 33 percent at the mid-point of that
forecast.
The company also reported better - than expected third quarter revenue and profit and
forecast full year profit above estimates.
Hershey (HSY) cut its
full -
year revenue
forecast again earlier this summer, and also announced a round of layoffs, as sales continue to shrink in the increasingly health - conscious U.S. and the company's efforts to boost sales in China have faltered amid that country's sluggish economic growth.
We now expect record
full -
year ChoiceLease fleet growth of 7,500 vehicles, up by 1,000 units from our prior
forecast.
The Company is also revising its
forecast for
full -
year 2018 comparable EPS from continuing operations to $ 5.45 to $ 5.70, from the prior
forecast of $ 5.40 to $ 5.70, and compared with $ 4.53 in 2017.
AmEx also gave disappointing
full -
year guidance,
forecasting 2015 earnings of between $ 5.20 and $ 5.35 a share, versus Wall Street consensus estimates of $ 5.49 a share.
Prior to Tuesday, Toshiba had
forecast a
full -
year net profit of about 145 billion yen this financial
year, a turnaround from a loss of 460 billion yen, thanks to strong demand for flash memory chips from Chinese smartphone makers.
It
forecasts revenue between $ 1.1 billion and $ 1.2 billion for the
full -
year 2014.
Mermaid Marine has enjoyed a strong recovery in its share price during the past fortnight after
forecasting an increase in
full -
year pre-tax profit to $ 12 million.
In view of these factors, Ryder is revising its
full -
year 2018 GAAP EPS
forecast to a range of $ 4.55 to $ 4.80, as compared to the prior
forecast of $ 5.34 to $ 5.64, primarily reflecting an increase to the provisional estimate of the transition tax related to Tax Reform.
In addition, the company said that it now expects adjusted earnings in the range of $ 2.48 to $ 2.53 per share for the
full year, up from the previously
forecast range of $ 2.30 to $ 2.33.
Nintendo on Monday boosted its
full year sales
forecast for the Switch from 10 million to 14 million units.
Raymond James also raised its
full -
year forecast for oil prices.
Buffalo Wild Wings shares on Wednesday surged nearly 22 % in extended trading after the company raised its
forecast for
full -
year earnings.
Larger rival Home Depot Inc raised its
full -
year forecasts last week after Hurricanes Harvey and Irma spurred demand for emergency supplies and rebuilding materials even as the retailer benefits from a multi-
year recovery in the housing market.
The maker of engineered products for the aerospace and other industries
forecast full -
year results that were below analysts» expectations.
Kohl's, which will report
full fourth quarter results, slashed its
full year earnings
forecast to $ 2.92 to $ 2.97 per share, down from its previous guidance of $ 3.12 to $ 3.32 per diluted share.
Humana reported a better - than - expected quarterly profit and raised its
full -
year profit
forecast on Wednesday.
Activision also raised its
full -
year revenue
forecast to $ 6.40 billion from $ 6.13 billion, and its
full -
year profit expectations to 87 cents per share from 69 cents.
The strong start to 2018 enabled the aerospace giant to raise its
full -
year earnings
forecast by 50 cents, to a range of $ 16.40 to $ 16.60 per share, while maintaining its revenue outlook at a range of $ 96 billion to $ 98 billion.
Panera Bread on Tuesday lowered its
full -
year earnings
forecast as it works to speed up service at its popular bakery cafes.
The company which scans the sea floor for oil and gas deposits said it now expected
full -
year revenue to be in the range of $ 870 - 910 million, up from its previous
forecast from Aug. 2 for $ 810 - 870 million.
GameStop shares were down as much as 20 percent Tuesday morning as the company issued a weaker - than - expected
forecast for the fourth quarter and
full year due to declines in video game sales.
Earnings before interest, taxes and one - time items rose 20 % to 4.13 billion kroner ($ 652 million), beating estimates of 3.82 billion kroner Sales rose 2 % on a basis that excludes currency and acquisition effects, compared with analysts projections for growth of 3.2 % Debt reduced by 14 % to 21.9 billion kroner Carlsberg reduced its
full -
year forecast for gains from currency shifts to 50 million kroner from 300 million kroner.
Carlsberg shares fell as much as 3.9 % in Copenhagen, the most in a
year, as the brewer warned of a tougher third quarter and avoided raising its
full -
year profit
forecast.
BG, which will report
full -
year results on Feb. 5, said it expected 2015 production volumes to have hit 704,000 barrels of oil equivalent per day (boepd), above its previous
forecast of 680 - 700,000 boed, due to new fields that have come on stream in Australia, Brazil and Norway.
Raising their
full -
year adjusted revenue
forecast in its second - quarter, Take - Two is in a «sweet spot» for game releases, according to Goldman Sachs.
Canada's Valeant Pharmaceuticals International (vrx) reported its first profit in six quarters, helped by a one - time tax gain, and raised its
full -
year earnings
forecast, sending its U.S. shares up 13 percent in premarket trading.
Redcliffe - based construction services group, Global Construction Services Ltd has today announced a revised
full year net profit
forecast of $ 9.5 million for the
year to 30 June 2008.
The company's financial performance in the
year to date has been mixed after its decision to raise the prices of its products weakened its market share and forced it to trim its sales growth
forecast for the
full year.
Walmart now expects its
full -
year profit between $ 4.15 and $ 4.35 per share, up from a previous
forecast of $ 4.00 to $ 4.30 per share.
Meantime, Coca - Cola Hellenic surged to the top of the European benchmark, up by over 9 percent after announcing that it remained on track to reach broad - based revenue and margin growth
forecasts for the
full year.
Coca - Cola Hellenic surged to the top of the European benchmark, up by over 9 percent after announcing that it remained on track to reach broad - based revenue and margin growth
forecasts for the
full year.
Intel's margins improved but the chip giant cut its
full -
year revenue
forecast amid slumping PC sales and a shift toward tablets and smartphones.