Average global land and water temperatures for the first
quarter of this year beat the last record first quarter, 2002, by the same margin.
Not exact matches
Technology sector results so far at least from the likes
of Amazon, Alphabet, Microsoft, Samsung and SAP have broadly
beaten forecasts for the first
quarter, and overall aggregate U.S. earnings growth is tracking seven -
year highs
of almost 25 percent.
The social networking giant said Wednesday that first
quarter revenue jumped 49 %
year - over-
year to $ 12 billion versus an expected $ 11.4 billion and earnings per share
of $ 1.69, easily
beating analyst estimates
of $ 1.35.
Last week Snap reported its best
quarter ever last week since its March 2017 IPO,
beating Wall Street revenue expectations for the fourth
quarter of 2017 and posting the biggest net user addition in over a
year.
Morgan Stanley
beat expectations in the same
quarter last
year, reporting diluted earnings per share
of $ 0.43 ($ 0.32 expected) on revenue
of $ 7.86 billion ($ 7.63 billion expected).
Operating profit fell 8 percent to 12.4 billion Danish crowns ($ 2.00 billion) in the January to March
quarter compared with a
year ago, hit by the depreciation
of the U.S. dollar, but
beat an average 11.8 billion crown forecast in a Reuters poll
of analysts.
The stock is already up by 54 % since that lowly September day, and Facebook's third -
quarter revenues
of $ 1.26 billion (up 32 %
year over
year)
beat Wall Street expectations
of $ 1.23 billion.
Indeed, as labour economist Jim Stanford recently pointed out, our GDP growth fell behind six
of the G7 in the second and third
quarters of last
year,
beating only Italy with an average advance
of 1.7 % during the six - month period.
HONG KONG / LONDON, May 2 - Standard Chartered Plc
beat expectations with a 20 percent rise in first
quarter pre-tax profit on Wednesday, but disappointing income showed the long road ahead for its returns to hit targets after
years of restructuring.
Alcoa, which
beat analyst expectations on both earnings and revenue when it released its second -
quarter earnings Monday, has «bright spots» ahead for the rest
of the
year, CEO Klaus Kleinfeld told «Nightly Business Report.»
4th
quarter EPS
of $ 2.18
beat estimates by $ 0.08 while revenue jumped 8.8 %
year over
year.
China's gross domestic product rose 7 percent in the second
quarter from a
year earlier, the National Bureau
of Statistics said in a statement, unchanged from the first
quarter and
beating economists estimates for 6.8 percent.
Its gross domestic product (GDP) for the second
quarter rose 6.9 percent over the same period last
year,
beating expectations and putting the country on track to meet the International Monetary Fund's 2017 growth forecast
of 6.5 percent.
China's economy expanded 7 percent in the three months through June from a
year earlier, the National Bureau
of Statistics said Wednesday, unchanged from the first
quarter and
beating economists» estimates
of 6.8 percent.
Eli Lilly and Co lifted its full -
year profit forecast on Tuesday after comfortably
beating estimates for the first
quarter, largely due to strong sales
of its diabetes and cancer drugs and lower expenses.
Gross domestic product rose 7 percent in the three months through June from a
year earlier, the National Bureau
of Statistics said Wednesday, unchanged from the first
quarter and
beating economists» estimates for 6.8 percent.
While
beating earnings estimates for the first
quarter, the social media company said it would be difficult to produce growth rates in the second half
of the
year that top those
of 2017, when a broad - based recovery began.
In the most recent
quarter, Apple's revenue rose 32.5 percent to $ 49.61 billion from a
year earlier,
beating Wall Street expectations
of $ 49.43 billion.
Adjusted Earnings Per Share (EPS) were also up from $ 7.25 in the third
quarter last
year to $ 9.57 this
quarter, all while
beating the forecast estimate
of $ 8.33.
Tanger Factory Outlet Centers Inc. (NYSE: SKT), the REIT owner
of the Tanger Outlet chain, reported Tuesday after the market close with forecast -
beating first -
quarter results and lower full -
year guidance.
AutoNation
beat Wall Street estimates in its fourth
quarter, driving sales
of $ 5.7 billion, up 4 percent over last
year.
The revival
of VIP gambling in the Chinese enclave helped Macau witness a 19 % gain in gaming revenue from the
year before, and because Wynn Resorts (NASDAQ: WYNN) generates 60 %
of its revenue from the region, it was able to overcome weakness in its Las Vegas operations and turn in fourth -
quarter earnings and revenue that
beat Wall Street forecasts.
Revenue in the first
quarter hit $ 2.58 billion, up 10 percent from the same period last
year — also
beating the Zacks estimate
of $ 2.56 billion.
Kohl's also
beat expectations by reporting second -
quarter net income
of $ 208 million, a 48.6 % increase over last
year, and net sales
of $ 4.1 billion, down 1 % from the
year - earlier period.
Separately, the company reported a fourth -
quarter profit that
beat Wall Street estimates on the back
of higher demand for its products in the U.S., and forecast strong full -
year earnings.
With the Gunners out
of the EPL title race we could really do with the boost
of beating Bayern Munich and getting into the
quarter - finals for the first time in
years, so perhaps now would be the perfect time to give Sanchez a little rest to recharge his batteries.
Pies» predictions: United are probably about to receive one
of the biggest kickings they've had in
years, Real Madrid will dismantle the remainder
of Dortmund's threadbare squad over two legs, PSG will
beat Chelsea in the first leg but still go out (Jose Mourinho have never been knocked out in the
quarters) and Simeone's Atletico Madrid will oust Barca by engaging in two
of the most vicious, guerilla - style bloodbaths you've even seen.
In our record breaking season
of 1985 - 86, they knocked us out 1 - 0 in Round 3, whereas on 30 November 2010 (exactly six
years ago today, when it was called the Carling Cup) we famously
beat them 4 - 0 in the
quarter - final on a freezing night at Upton Park, with a brace apiece for Jonathan Spector and Carlton Cole.
McSally, whose campaign announced Monday that she had raised $ 1 million in the second
quarter of 2015, was elected last
year in one
of the closest races in the country,
beating Barber by fewer than 200 votes.
Last week the Albany Times Union reported that Schreibman raised $ 535,000 in campaign cash during the third
quarter of the
year,
beating out Gibson by about $ 125,000.
In the meantime, the studio has given fans a new image (above) from the highly anticipated sequel, along with two new posters (below) featuring Lawrence and Hutcherson in the attire they'll be wearing during the
Quarter Quell — an all - star edition
of the Hunger Games which takes place every 25
years to mark the anniversary
of Panem's Capitol
beating the 12 districts during an uprising.
The beginning
of the this latest round
of teeth gnashing and chest
beating began with the news that e-book sales for the first
quarter of this
year surpassed the sales
of hardcovers.
«Write for the right reasons — ie yourself,» says Kerry Wilkinson, the 31 -
year - old sports journalist from Preston who became Britain's bestselling ebook author —
beating established megasellers such as Lee Child and Stieg Larsson — on Amazon in the final
quarter of last
year.
This
of course is the data shows that 60 - 70 %
of companies
beat estimates every
quarter, even in lousy
years, and why you see stocks almost always
beat the bottom line estimates even when they fall short
of revenue estimates.
In three - and five -
year periods, the portion
of active funds that didn't
beat their benchmarks fell to about three -
quarters and two - thirds, respectively.
PepsiCo's first -
quarter core earnings per share (EPS)
of 96 cents
beat the consensus mark
of 92 cents by 4.3 % and increased 3 %
year over
year.
Value indexes
beat growth indexes twice as often during the fourth
quarter of each
year.
Over the five
years through the end
of the third
quarter — a span that included both bull and bear markets — only 29.1 percent
of large - cap funds managed to
beat the S. & P. 500.
Still, 5 percent by itself is not a bad deal, and it
beats the 3 percent cash back rate on the regular Amazon Visa card at least for a
quarter of the
year.
The potential 10 % cash back you get on Amazon purchases in the last
quarter of the card's first
year beats every other card (but only applies during the first
year).
Only a
quarter of small businesses survive more than four
years, so don't
beat yourself up if times are hard.
This was also evidenced in a recent
year - end report from Sensor Tower, which found that Netflix's app generated the most revenue
of any non-game app during 2017 — a position that Pandora had won for a
quarter previously before being
beat out for the overall top spot by Netflix.
The earnings posted by Facebook
beat the analyst projections with showing $ 3.20 billion revenue in the third
quarter with $ 0.43 earning - per - share (EPS), up 59 percent from the
year - over-
year revenue
of $ 2.02 billion.
This is reinforced by the fact that Huawei has
beaten Samsung for the first time in terms
of profitability in the third
quarter of this
year, although some observers blame the Galaxy Note 7 fiasco for the latter's profit decline.
Amazon
beat expectations in the fourth
quarter of 2017, continued to grow its Amazon Web Services business, and said that it sold «tens
of millions»
of Echo hardware devices last
year, with its cheapest products taking up the bulk
of the sales in 2017.
The Cupertino, California - based phone maker reported record revenue in its first
quarter to the tune
of $ 78.4 billion, which
beat earnings
of $ 75.9 billion in the same period last
year.