Musk's assertion during the conference call that Tesla will «quite likely» be profitable as of the third
quarter this year based on strong sales of the Model 3 sounds implausible, since Model 3 production remains a question mark.
Not exact matches
To be specific, Comcast's subscriber
base grew by 53,000 during the most recent
quarter, substantially more than most analysts were expecting, and a much better performance than the same
quarter a
year earlier, when the number of subscribers shrank by 8,000.
The Denver and Montreal -
based company said its sales fell 4.8 per cent to US$ 2.33 billion in the first
quarter compared to the prior
year quarter.
However, that's due in part to a high comparative
base from the second
quarter last
year, when the U.K.'s unexpected decision to leave the EU caused a huge surge in trading in the last week of June.
«Arkema has made a very strong start to the
year, with a 33 %
year on
year increase in adjusted net income despite a high
basis of comparison in first
quarter 2017 and the very strong appreciation of the euro.
The Milwaukee, Wisconsin -
based company said its net income fell to $ 174.8 million, or $ 1.03 per share, in the first
quarter ended April 1, from $ 186.4 million, or $ 1.05 per share, a
year earlier.
«We typically don't go into this level of detail but I think it's important this
quarter to give you additional color, and maybe the two most important messages are that we believe iPhone revenue will grow double - digits as compared to last
year during the March
quarter and also and, importantly, that iPhone sell - through growth on a
year - over-
year basis will be actually accelerating during the March
quarter as compared to the December,» chief financial officer Luca Maestri said.
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.
Dimon said third -
quarter trading revenue will drop about 20 percent on a
year - over-
year basis.
But BlackBerry smartphones make up only 2.9 percent of the global smartphone market, down from 4.9 percent during the second
quarter last
year, says Framingham, Mass. -
based research firm IDC.
On Tuesday, Calgary -
based Calfrac Well Services Ltd. reported it more than doubled its first -
quarter revenue compared with the same period last
year and is reactivating equipment it parked over the past three
years.
Third -
quarter S&P 500 earnings are expected to grow by 4 percent on a
year - over-
year basis, according to data from S&P Capital IQ.
On an adjusted
basis, Restaurant Brands, which also owns Burger King and Popeyes, says it earned 66 cents per share for the
quarter, up from 36 cents per share a
year ago.
First -
quarter net revenues increased 11.7 percent, when compared to the prior
year period (up 3.3 percent on an organic
basis).
Calgary -
based Enerplus Corp. plans to continue to pour money into its North Dakota light oil play this
year after crediting it with fourth -
quarter profits that handily beat analyst expectations.
Los Angeles -
based City National, acquired by RBC in 2015, contributed US$ 114 million in net income in the latest
quarter, more than double compared to a
year ago.
Net income attributable to shareholders in the
quarter,
based on a current cost of supplies (CCS) and excluding identified items, rose to $ 5.322 billion from a
year ago, compared with a company - provided analysts» consensus of $ 5.277 billion.
Perth -
based Swick Mining Services says it made a number of redundancies to minimise costs during the March
quarter and plans to make an impairment adjustment at
year's end, despite an increase in demand for underground drilling from its existing clients.
Perth -
based iron ore miner Atlas Iron has beaten its full
year profit guidance after shipping 3.1 million tonnes in the June
quarter.
The Toronto -
based miner said adjusted net earnings for the
quarter ended March 31 were $ 170 million, or 15 cents a share, compared with $ 162 million, or 14 cents a share in the same three - month period a
year ago.
Indeed, while iPhone unit sales fell
year - over-
year in the fourth
quarter, they turned into positive territory on a sequential
basis.
(Free cash flow on a per share
basis is up 2 %
year - over-
year and stands at a strong $ 559 million for the
quarter, despite a very high debt ratio of about 78 %.)
In a market update on Tuesday, the Perth -
based integrated screening and verification company said quarterly revenues lifted to a record $ 3.3 m in the third
quarter of this financial
year, up 21 per cent on the same
quarter last
year.
The vow came as the Calgary -
based company blamed clogged export pipelines for its worst heavy oil price discounts in five
years during the first three months of 2018, contributing to a higher - than - expected $ 914 - million net loss in the first
quarter.
The Ottawa -
based online store platform hinted at the potential move after it reported a better - than - expected fourth
quarter on Thursday, during which revenue jumped 71 per cent compared with a
year ago.
Cenovus reported fourth -
quarter net income of $ 620 million or 50 cents per share on Thursday, well ahead of $ 91 million, or 11 cents per share, in the
year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston -
based ConocoPhillips, last
year.
Giving preliminary estimates for results ahead of the meeting, Shell said its underlying fourth -
quarter earnings on a current cost of supplies
basis would be between $ 1.6 to 1.9 billion, down from $ 3.26 billion a
year ago.
The Montreal -
based carrier was expected to post an adjusted loss of 21 cents per share on $ 2.8 billion of revenues in the
quarter, and five cents on $ 12.1 billion of revenues for the
year, according to analysts polled by Thomson Reuters.
However on an adjusted
basis, the bank said it earned a record $ 1.41 billion or $ 3.18 per diluted share for the
quarter, up from $ 1.15 billion or $ 2.89 per share a
year earlier.
The following first
quarter sales table provides results by geography and product category, as well as the percentage change compared to the prior
year quarter on a reported
basis and a constant currency
basis.
Fewer than a
quarter of U.S. consumers polled in the first
quarter of this
year had heard of the Switch, as this chart from Statista,
based on a recent Nielsen study, indicates.
The Company reported first
quarter net sales of $ 2.018 billion, an increase of 2.3 % over the prior
year period, and a decrease of 1.5 % on a constant currency
basis.
Entrepreneurs listened, at least to the second part: U.S. -
based companies raised more venture capital in the fourth
quarter of 2014 than they did in any other
quarter over the prior 13
years, according to the National Venture Capital Association.
On a same - store
basis, the company said retail sales in the fourth
quarter were up 0.3 per cent compared with a
year ago.
Excluding special items such as stock -
based employee compensation, earnings rose 24 % from a
year earlier to $ 532 million, or $ 10.54 per share in the first
quarter.
«Within our new Environmental Services segment, incinerator utilization in the first
quarter was seasonally strong at 87 %, while landfill volumes rose 58 % from the same period a
year ago, driven by a large project and higher
base business,» McKim said.
The Montreal -
based grocery company said it earned $ 106.9 million in its latest
quarter, down 19.3 per cent from $ 132.4 million a
year ago.
UPS posted first -
quarter net income of $ 1.35 billion or $ 1.55 per share, up from $ 1.17 billion or $ 1.33 per share a
year earlier, a 17 percent rise on a per share
basis.
On an adjusted
basis, Shopify says it earned $ 4.2 million or four cents per share for the
quarter, compared with an adjusted loss of $ 3.5 million or four cents per share in the same
quarter last
year.
On an adjusted
basis, SG&A for the
quarter was 23.5 % versus 24.2 % last
year.
The Miami -
based students have most core classes on the Miami campus and travel to Evanston in January of their second
year for an International live - in week and to begin their winter
quarter studies.
Based on a formula incorporating prescription growth, reimbursment levels — growing to 45 % by
year's end from 25 % in the first
quarter — plus drop - out rates and payer discount estimates, Leerink is looking for $ 320 million from Dupixent this
year, $ 206 million of that in the U.S.
On a GAAP
basis, our gross margin for the
quarter was 20.3 % versus 22.7 % last
year.
Based on October traffic and booking trends, thus far, we expect solid passenger unit revenue
year - over-
year growth in the fourth
quarter.»
The biggest upward surge in the euro was in the second
quarter last
year when French President Emmanuel Macron was elected, and Q2 earnings will thus be compared with a higher euro
base a
year ago.
The Charlotte -
based bank said it earned $ 5.59 billion in the third
quarter, or 48 cents per share, compared with $ 4.96 billion, or 41 cents per share, in the same period
year ago.
The company said the number of people in the United States and Canada who use Facebook on a daily
basis fell for the first time ever in last
year's fourth
quarter, dropping to 184 million from 185 million a
year earlier.
Most forecasters update their forecasts on a quarterly
basis, following the release of the Canadian economic accounts by Statistics Canada (first
quarter results published in May, second quarterly results in August, third
quarter results in November and fourth
quarter and preliminary estimate for
year as a whole in February of the following
year).
The platform clocked in Rs 65 lakh in earnings before interest, taxes, depreciation and amortisation (EBITDA) during the first
quarter of the current financial
year, according to a filing by the Noida -
based company with the Bombay Stock Exchange on October 12.
The Minneapolis -
based financial services company also announced a dividend of 90 cents per share, an 8 percent increase over the previous
quarter and the 11th quarterly dividend increase in the last nine
years.