Sentences with phrase «year quarter due»

Not exact matches

Rising inventories are partly due to soaring U.S. production , which jumped by a quarter in the last two years to 10.6 million bpd.

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.

Net income of $ 669 million after - tax increased $ 52 million due to higher core income, partially offset by net realized investment losses as compared to net realized investment gains in the prior year quarter.

The Swiss food giant saw organic growth of 2.4 percent for the year, at the «low end» of expectations, due to a slower growth of 1.9 percent in their fourth quarter, according to the company's press release.

Private equity returns remained strong but were lower than the prior year quarter, while income from our fixed income investment portfolio increased due to a higher average level of fixed maturity investments and higher short - term interest rates.

The aluminum - cased N1, which runs on Google's Android Lollipop operating software but features Nokia's new Z Launcher intelligent home screen interface, is due to be in stores in China in the first quarter of next year for an estimated price of $ 249 before taxes, with sales to other markets to follow.

Alcoa, in particular, likely suffered from plummeting aluminum prices due to huge supply in China last quarter and is expected to report profit declines from a year earlier.

The findings correlate with an uneven year for business in 2015, due to stock market volatility in the third quarter, which ended a long bull run in the wake of weakening global economies and a devaluing of China's currency.

On Tuesday, reporting fourth quarter results, Verizon conceded that it would see no growth in wireless service revenue this year due to the increasingly fierce price wars roiling the market.

The first quarter year over year revenue comparison was negatively impacted by approximately $ 184,000 due to the adoption of the new revenue recognition standard (ASC Topic 606) as well as the loss of a large customer, representing revenue of approximately $ 800,000 in the current quarter, which was previously announced as lost in Q4 2017.

May 1 - Freddie Mac, the No. 2 U.S. mortgage finance company, said net income in the first quarter grew to $ 2.93 billion from $ 2.21 billion a year ago due to gains on its derivatives and growth in its apartments business.

Millner also pointed out that the quarter came a year after a mass shooting at a nightclub in Orlando, Florida, which led to an increase in gun sales due to worries that about potential new gun restrictions.

Equifax reported that revenue ticked up 4 % year - over-year in the third quarter to a less - than expected $ 835 million and that net income plunged 27 % to $ 96 million due to the initial costs related to the most damaging consumer data hack in US history.

Numerous banks have seen tax write - downs in the billions in their fourth quarter results due to the Republican - led tax overhaul passed in December of last year, though the losses are expected to be one - offs.

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.

Numerous banks have seen one - off tax write - downs in the billions in their fourth quarter profits due to the Republican - led tax overhaul passed in December of last year.

The company said Wednesday that its first - quarter numbers include a $ 22 million hit due to foreign currency headwinds while the cost of its revenues increased by 46 % year - over-year, to $ 679 million.

Sales dived by 9 % in first quarter of its financial year, largely due to one big problem: A crackdown on corruption in China, which has led to plummeting sales in China for luxury brands and premium spirit makers.

The decline came after management said on a conference call that its first - quarter profit will be «the high - water mark for the year» due to higher investment spending.

While first - quarter corporate profits are expected to have notched their best growth in seven years, largely due to lower taxes, investors have focused on cost warnings from companies.

But the association predicts the pace of sales will cool due to several factors, including a five - year qualifying rate for a mortgage that is forecast to reach 5.70 per cent by the fourth quarter of 2019.

Morgan Stanley dethroned its rival Goldman Sachs from the top of the world's M&A rankings in the first quarter of 2018, due to a consistent pipeline of megadeals in the first three months of the year, writes James Fontanella - Khan.

Commentary: «Revenues were up 8.3 % for the third quarter versus the prior - year period, due primarily to higher commodity prices impacting the Company's supply chain revenues, higher same store sales in both domestic and international stores, store count growth in international markets and the positive impact of changes in foreign currency exchange rates.»

GDP grew by 0.55 percent in the second quarter of the year, which, although a meager growth rate, was welcomed because it signaled Nigeria's exit from the recession that it plunged into due to the oil price crash.

Pepsi last quarter slashed its full - year outlook as sales in the region dropped, due to slowing sales of Gatorade and in convenience stores broadly.

On our shores, the year - earlier period benefited from the launch of All Day Breakfast (that quarter also had an extra day of sales due to leap year), so we expected comps here to be negative.

Due to the conditions, D.R. Horton said it expects per - share earnings for the third quarter of 93 cents, and lowered its per - share view for the year to $ 3.65 or more on 50,000 homes closed.

Last year, that commodity contributed 53 % of its gross profit and it supplied nearly 75 % of the total during the first quarter of 2017 due to a spike in steelmaking coal prices.

Accordingly, our April forecast anticipated a significant slowdown in growth for the second quarter and a decent pickup in the second half of the year, in part due to the government's fiscal plan.

Despite steady economic growth, the US stock market suffered through five quarters of earnings recession, in which S&P 500 earnings fell year - on - year due to falling oil prices and a strong US Dollar, returning to growth in the third quarter of 2016.

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.

Carbon Tracker, the analyst house which pioneered the stranded asset or «carbon bubble» theory, has warned a quarter of global oil refining capacity could become unviable and be forced to shut down within 20 years due to falling demand.

«We are raising full year EPS guidance today due to the strength of our underlying operating performance of our first two quarters, despite the challenges facing Walmart U.S. in the short term, and the current economy,» said Tom Schoewe, executive vice president and chief financial officer.

BEIJING Aluminum Corp of China Ltd, known as Chalco, said on Monday that first - quarter net profits fell by 19.4 percent from a year ago due to lower aluminum prices but one - off gains helped it avoid a much worse result.

Mr Grantley said new figures from Urbis showing a rapid contraction in new Brisbane apartment market sales to just 302 sales in the March quarter, down 37 per cent on the previous quarter and well down from the 1032 sales in the previous corresponding period last year, was also due to tightening in available new apartment stock for sale.

Management of the company, the Audit and Risk Committee (the «Committee») and the Board have concluded that the company's audited financial statements for the year ended, and unaudited financial statements for the quarter ended, December 31, 2014 included in the company's Annual Report on Form 10 - K and the unaudited financial statements included in the company's Quarterly Report on Form 10 - Q for the quarter ended March 31, 2015 should no longer be relied upon due to the misstatements described in the company's Form 8 - K filed today.

Initial second - quarter GDP numbers are due on July 28 and may prove pivotal in the Fed's decisions for the balance of the year.

Cost of goods sold (COGS) per hectoliter decreased 2.5 percent for the year and 2.8 percent for the quarter, driven by supply chain cost savings and lower commodity costs, partially offset by lower fixed - cost absorption due to lower volumes.

Depreciation expense in the quarter was 27 basis points higher as a percentage of sales basis compared to last year due to increased new units and remodels.

«TV shipment growth in China was strong in the fourth quarter, due to sell - in for the Chinese New Year Holidays, which runs counter to the very weak conditions in other emerging markets,» said Paul Gagnon, director of TV research for IHS Technology.

Fourth quarter same — fourth quarter restaurant labor expenses were 50 basis points lower than last year on a percentage of sales basis due to increased productivity and lower restaurant manager incentive compensation expense.

On July 20, 2012, Microsoft posted its first quarterly loss ever, despite earning record revenues for the quarter and fiscal year, with a net loss of $ 492 million due to a writedown related to the advertising company aQuantive, which had been acquired for $ 6.2 billion back in 2007.

Adjusted net earnings for the quarter fell to $ 238 million from $ 923 million in the same quarter a year ago primarily due to lower metal prices and lower gold sales volumes.

«We expect demand to outstrip supply for iPhone X over the next two quarters, but demand could potentially slow down starting in the June 2018 quarter due to anticipation of new devices later in the year,» wrote the analysts.

SEOUL, April 27 (Korea Bizwire)-- Hyundai Steel Co., South Korea's second - biggest steelmaker by sales, said Friday that its first - quarter net profit plunged 48.2 percent from a year earlier due to a base effect.

Then, you need to make quarterly estimated tax payments... Starting with the first quarter, the due dates are April 15, June 15, September 15, and January 15 (of the next year).

Common shareholders» net income from Continuing Operations of $ 32.2 million was down 37 % compared to the same quarter in 2015, primarily due to total pre-tax provisions for credit losses of $ 39.7 million, up from $ 7.4 million last year.

Shares of BMW AG were losing around 2 percent in the early morning trading in Germany after the luxury carmaker reported Friday that its first - quarter pre-tax profit edged down on weak revenues due to currency effects, while net profit increased from last year.

Revenues from trust and wealth management were materially higher compared to a year earlier mainly due to the addition of McLean & Partners Wealth Management, acquired in the third quarter of 2013.

The financing needs coming due in the first quarter «imply that euro area banks will not have extra money as a result of the three - year auction to purchase European sovereign bonds, using a carry - trade strategy, because the amount of fresh cash is less than the amount of bank debt that will mature during the quarter», Powell wrote recently.