Sentences with phrase «year than it forecasted»

Barnes & Noble's Nook e-reader business is poised to post an even worse loss this year than it forecasted in January, reports Reuters.

Not exact matches

For the quarter ended July 20, Dick's adjusted earnings were 96 cents a share, up from 82 cents a year ago, but less than the $ 1.00 expected by Wall Street and even its own forecast of $ 1.02 a share to $ 1.07 a share.
The IMF forecast issued this week for the Middle East projects that energy - importing nations including Egypt will grow more strongly in the years ahead than energy exporters including Saudi Arabia, though both will experience GDP growth.
Also known as ultra-high definition, or UHD, sets, the devices should bring in more retail sales dollars than any other «emerging technology» gadget this year, as we can see in this chart from Statista, which is based on a forecast by the Consumer Technology Association.
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.
The company also reported better - than expected third quarter revenue and profit and forecast full year profit above estimates.
Also, his year - end target makes him more bullish than 9 of the 12 strategists who have already offered their forecasts.
Because of the reformulations, the Treasury now expects the levy to raise only about 240 million pounds ($ 336 million) in its first year, less than half of its prior forecast of 520 million.
The World Trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States.
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.
The smartphone market is forecasted to grow by more than 10 percent every year for the next four or five years, and the number of mobile app downloads is projected to double in the next three years.
The relatively wide range for the forecast reflects the higher than normal degree of uncertainty regarding the prospects for the UK economy this year
In a press release announcing the factory opening, the company cited research from Canalys that forecasts global revenue for 3D printing totaling more than $ 20 billion within five years.
It's got all this stuff in the news, with ghost cities and real estate markets crashing, but when we think about it, if the U.S. economy is forecast to grow somewhere between 2.75 % and 3 % for 2015, and China is growing at 6.5 % or 7 %, we're still looking at essentially twice the U.S. [growth rate] on a much bigger base than 10 years ago,» she says.
Humana reported a better - than - expected quarterly profit and raised its full - year profit forecast on Wednesday.
People wanting something better, something that's just out of reach, are second only to population growth among reasons anyone has a right to forecast business will be better next year than last.
PC shipments are expected to fall 7.3 % in 2016 compared to a year ago, according to new estimates from IDC, in what is a steeper decline than originally forecast.
The company grew revenue 18 %, to more than $ 11 billion in 2016, and forecasts growth of up to 13 % this year, in part thanks to its acquisition of Swedish drugmaker Meda.
The supply increase is more than the IEA's expected demand growth forecast for this year of 1.5 million bpd.
While Chinese banks tend to front - load loans early in the year to get higher - quality customers and win market share, the lofty figure was even higher than the most bullish forecast by economists in a Reuters poll.
The Fed's projections for this year show a median forecast of 2.1 percent for the funds rate, but eight officials are above the median (more than half of the committee).
Russia's economy ministry said on Saturday it expected gross domestic product to fall 3 percent this year, more optimistic than many analysts» forecasts of a 4 - 5 percent drop.
The bank's analysts forecast that Bitcoin mining could use up more than 125 terawatt hours of electricity this year, a level electric vehicles globally won't reach until 2025.
Their forecasts average out to a funds rate of 2.4 percent, that is, one more hike than the median — for a total of four this year.
At today's prices, industry forecasts of three million barrels per day by 2020 are likely to underestimate production by a bit, but the real kicker will be on the value of that production to all concerned — governments, via taxes and royalties, and shareholders will all suffer much lower returns from this development than they would have expected less than a year ago if prices stay where they are today.
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.
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.
Even so, new projections released by the Fed show that officials expect three quarter - point rate hikes next year, one more than was forecast in the September projections.
But four years after ending a bailout program, the Portuguese government is now forecasting a budget surplus — when state expenditure is lower than revenues.
Lululemon Athletica forecast lower - than - expected current - quarter results, after posting a profit that was almost unchanged from a year earlier.
The best wage growth since 2009 sparked speculation that incoming Federal Reserve chair Jerome Powell may have to raise interest rates more than the three times the central bank has forecast in order to tame inflation this year.
The BoE left its forecast for growth this year steady at 2 %, as the economy expanded faster in the first half of 2016 than it had expected in May.
American Giant launched a women's line in May; the growth forecast for 2013 is 10 times greater than last year; production capacity is 20 times what it was in December; and the company is beating its own sales projections.
The company's highest shipping volumes since late 2008 helped push adjusted net income to $ 46 million for the fourth quarter of 2017, reversing a net loss of $ 47 million in the same period a year earlier and higher than the $ 31 million forecast average from Thomson Reuters analysts.
Because PMI isn't seeing a surge in device sales, sales of Heatsticks, tobacco sticks that go inside the iQOS device, «are likely to be a little bit lower» than it forecast at the end of last year.
Gallup sees Americans spending an estimated $ 704 per household on Christmas gifts this season — quite a bit lower than the $ 770 they forecast last year.
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 once fast - growing smartphone market has slowed this year, especially at the high end, with worldwide shipments forecast to increase less than 2 %, according to IDC.
The legal marijuana industry is estimated to have seen more than $ 6 billion in revenue across the U.S. last year, and that number is forecasted to reach anywhere from $ 20 billion to $ 25 billion by 2020.
Worldsteel, representing more than 160 steel producers accounting for 85 percent of global production, had forecast in October that demand would rise 0.5 percent this year.
Margins, as discussed, are the critical consideration: Against the highly optimistic (in our view) consensus forecast for 2014 U.S. Net Income and EBIT Margins to reach unprecedented levels of 10.8 % and 15.7 % respectively... we conservatively assume 2014 S&P Net Income Margin will no more than maintain the 2012 - 2013 two year average (i.e., 9.3 %).
Despite the fact that economic growth for this year is now forecast to be substantially lower than that expected at the time of the April Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.
True, the bond market's implied inflation forecast has shot up since last year; but that's almost entirely because of oil rather than economic fundamentals.
Barclays said its profit before tax was 1.7 billion pounds ($ 2.19 billion), up from 793 million pounds a year ago and better than the 1.46 billion pounds average estimate of analysts» forecasts compiled by the bank.
«Taking this generation's diversity into account, our forecast for household formations over the next five years is 6.50 million to 6.75 million, or 1.30 million to 1.35 million per year, which is over 30 % higher than the long - term average rate of household formations,» Tirupattur says.
Oct 30 (Reuters)- Hurricane Sandy appears to have easily caused more losses than last year's Hurricane Irene, but final totals will be hard to come by for some time because of the scale of the disaster, catastrophe forecasting companies said on Tuesday.
LONDON Royal Dutch Shell reported on Thursday a 42 percent rise in first - quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts.
Wall Street forecasts for the S&P 500 for 2016 look for single - digit percentage gains and are less optimistic than last year's forecasts.
The speech says that the Bank's central forecast remains for inflation in Australia to pick up over the next couple of years, but for inflation to be nearer to 2 per cent, than 3 per cent at the end of this period.
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