Sentences with phrase «year profit forecast»

Target also lifted its full year profit forecast and said it expects sales growth to continue in the new fiscal year that starts in February.

But now it appears that the company's profit margins have finally peaked with Nintendo being forced to lower their full - year profit forecast from 300 billion yen to 230.

The group raised its full - year profit forecast to a range of $ 2.52 to $ 2.60 a share.

Murray Goulburn is also facing a shareholder class action run by Slater and Gordon in relation to its 2016 financial year profit forecast.

Wal - Mart lowered its full - year profit forecast on Thursday and warned sales would be flat through the end of January, after sales fell for a third straight quarter at U.S. stores open at least a year.

JB Hi - Fi's shares plunged to the lowest in five months after the retail giant cut its full - year profit forecast, blaming bad weather.

But Sony declined to raise its full - year profit forecast.

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.

The results helped it raise its full - year profit forecast, but investors apparently focused on disappointing revenue results.

The biggest drags on the Dow in addition to Caterpillar (NYSE: CAT) were 3M (NYSE: MMM) which fell after it lowered its full - year profit forecast and aerospace giant Boeing (NYSE: BA) which fell in sympathy with the rest of the sector.

The apparel retailer raised its full - year profit forecast ahead of its meeting with Wall Street analysts on Tuesday, citing strength in its Tommy Hilfiger business in North America as well as its Calvin Klein line of clothing.

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.

Humana reported a better - than - expected quarterly profit and raised its full - year profit forecast on Wednesday.

Not exact matches

IBT Education has reported a five per cent drop in net profit to $ 14.1 million for the half - year to December 2005 but has forecast strong profit growth in the current six - month period.

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.

Aluminum products maker Arconic slashed its 2018 forecasts for profit and free cash flow as it expects prices of the metal to remain high this year due to sanctions on Russian supplies and a 10 percent duty on aluminum imports.

Merck edged 1.1 percent higher after it reported a profit that beat estimates and the company raised earnings forecast for the year.

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.

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.

April 30 (Reuters)- Aluminum products maker Arconic Inc slashed its 2018 forecasts for profit and free cash flow on expectations that the price of the metal would remain high this year due to sanctions on Russian supplies and a 10 percent duty on aluminum imports.

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.

IBISWorld provided detailed past industry growth percentages, revenue forecasts for the next five years, employment growth, profit margin averages, and industry competition ratings.

We'll predict that in 10 years, FAANG Inc will sell at a PE of 25, down from 30 but still substantial, and still forecasting well above average profit performance.

Fujifilm said it would book restructuring costs of 49 billion yen ($ 450.95 million) in the second half of the fiscal year through March, lowering its operating profit forecast for the year to 130 billion yen from a previous 185 billion yen.

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.

Though Herbalife's quarterly sales and profit dropped from the previous year, to $ 1.1 billion and $ 85 million, respectively, that was well above analysts» forecasts.

The company also reported better - than expected third quarter revenue and profit and forecast full year profit above estimates.

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.

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.

The call came after Tesla forecast a reduction of capital expenses for the year and affirmed that it will turn a profit in the second half of the year.

That's why most business owners would rather do just about anything than sit down with a spreadsheet and try to forecast what their sales, profits and cash flow are going to look like next year, next quarter or even next month.

Still, the higher wages are among the primary reasons Walmart has forecast lower profit per share this year.

Investors welcomed news that GR Engineering Services had upgraded its profit and earnings forecasts for the 2016 financial year.

Sony Corp tumbled 6 percent after the company forecast operating profit of 670 billion yen ($ 6.13 billion) for the year through March..

The discount retailer on Wednesday lowered its profit forecast for the year after reporting comparable sales fell 1.3 % in November and December, as big gains in its online business were dwarfed by stiff price competition and growing difficulty in getting shoppers into stores.

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.

General Electric is affirming its earnings estimate for this year, and forecasting profit growth of 10 - 13 % in 2007.

That's still short of the 39.3 % three years ago, before its failed reinvention, but good enough to prompt Penney to also raise its profit margin forecast this year.

That company's shares took a dive as it reported a weaker than expected first - quarter profit and issued a forecast for the year that also disappointed investors.

Higher costs will hurt its ability to grow profits in the first three months of the year, it said, forecasting earnings of between 60 and 80 cents a share, below the 83 cents a share forecast by analysts polled by Thomson Reuters.

Lululemon Athletica forecast lower - than - expected current - quarter results, after posting a profit that was almost unchanged from a year earlier.

LONDON — Online trading platform Plus500 raised its profit forecasts for the year on Wednesday, saying it has benefitted from the booming popularity of cryptocurrencies like bitcoin.

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.

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.

T - Mobile US reported a better - than - expected quarterly profit and raised its forecast for customer additions for the year as heavy discounting helped attract subscribers.

The Kyoto - based company raised its profit forecast for the year ending March to 160 billion yen, from 120 billion yen, versus analysts» estimate of 144 billion yen.

Glencore increased its full - year year profit forecast for 2017.

The company's gold division, despite the strong rise in the bullion price, remains second - rate and most of this year's forecast pre-tax and pre-interest profit of $ 132 million (up 12 per cent on 2003) will come from tantalum.

Underlying profit for the half year ended Dec. 31 rose to $ 4.05 billion from $ 3.24 billion a year ago, below a forecast of $ 4.30 billion.