Category: Beat
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Woodside profit, dividend beat estimates, firm flags interest in Driftwood stake By Reuters
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By Himanshi Akhand and Louis Jackson (Reuters) – Australia’s Woodside Energy reported a 14 percent drop in first-half profit on Tuesday due to lower oil prices, but the result and its dividend beat market expectations, sending its shares up 4 percent. Chief executive Meg O’Neill said there was significant interest…
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Australia’s Challenger climbs to 1-1/2-year high on bright outlook, annual earnings beat By Reuters
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By Rajasik Mukherjee (Reuters) – Challenger Ltd shares rose to their highest in about 16 months on Tuesday after the Australian investment manager beat estimates on annual profit, while investors also welcomed its earnings outlook for fiscal 2025. The stock rose about 10% to its highest level since Feb. 20,…
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News Corp FQ4 results beat expectations (NWSA)
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News CorporationNASDAQ: NWSA) Involved Up about 4% In after-hours trading, the company’s fiscal fourth-quarter results showed that the company beat Wall Street expectations by 1 cent and increased by 3 cents from the same quarter. Year-ago. Revenue for the quarter rose 6% to $2.58 billion, beating estimates by $80 million,…
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Warby Parker shares gain 3% on revenue beat, raised outlook By Investing.com
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NEW YORK — Warby Parker Inc. (NYSE: WRBY) shares jumped 3.7% after the eyewear retailer reported better-than-expected second-quarter revenue and raised its full-year outlook. The company reported second-quarter revenue of $188.2 million, beating analysts’ estimates of $187.04 million and up 13.3% year over year. However, Warby Parker reported a loss…
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Elon Musk says a person with a Neuralink chip could beat a pro gamer in a few years
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It is not far off now to envision a future where a human with a chip-enhanced brain can defeat a professional video gamer. In an episode of Lex Friedman Podcast In an article published Friday, Musk pointed to his startup Neuralink, which implanted a chip in someone’s brain earlier this…
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IMAX Shares Add 5% After Q2 Earnings and Revenue Beat By Investing.com
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NEW YORK — IMAX Corporation (NYSE: NYSE:) reported a big beat in both earnings and revenue for the second quarter of 2024, sending its shares up 5.5% as the market reacted to the news. The global entertainment platform reported adjusted earnings per share of $0.18, beating analysts’ expectations of $0.08.…
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General Motors shares rally after earnings and revenue beat, raises full-year outlook By Investing.com
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General Motors (NYSE:GM) shares rose 5.45% after reporting second-quarter results that beat expectations on both earnings and revenue. The auto giant reported adjusted earnings per share of $3.06, well above the consensus estimate of $2.71. Revenue for the quarter also topped expectations, coming in at $47.97 billion versus the $45…
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Abbott posts Q2 earnings beat, lifts full-year outlook By Investing.com
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Abbott Park, Illinois – Abbott Laboratories The American healthcare company (NYSE:) reported second-quarter earnings that beat Wall Street expectations and raised its full-year adjusted earnings guidance, signaling confidence in its diversified healthcare portfolio. The company reported adjusted earnings per share of $1.14, beating analysts’ estimates of $1.11. Revenue for the…
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Supermarkets, warehouses beat homes in rental returns
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Commercial property developers are outperforming their counterparts in the primary residential sector in terms of cash rental returns, helped by growing demand for storage facilities and retail space. An analysis by property firm Knight Frank of rental yields across different market sectors showed that retail and industrial developers enjoyed returns…
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This Stock Beat Nvidia in the First Half. Can It Do It Again?
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Nvidia (NASDAQ: NVDA) The company added to its first-half earnings, gaining about 150% after already rising 1,300% over the past five years. The company dominates the AI chip market, with an 80% share, and sells a variety of related products and services to companies launching AI projects. That has driven…
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Apogee shares rise nearly 4% on upbeat guidance and earnings beat By Investing.com
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MINNEAPOLIS – Apogee (NASDAQ:) Enterprises, Inc. announced today: (NASDAQ: APOG) today reported an impressive first-quarter fiscal 2025 performance with a big beat on its earnings and revenue forecasts, along with elevated full-year earnings expectations. Apogee stock responded positively to the news, rising 3.8%. The company reported first-quarter adjusted diluted EPS…
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SAIC posts in-line Q1 earnings, slight revenue beat By Investing.com
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RESTON, VA – International Corporation (NASDAQ:) (NASDAQ: SAIC), a leading Fortune 500® technology integrator, reported first-quarter earnings per share (EPS) of $1.92, in line with… Analysts’ expectations. Revenue for the quarter marginally beat expectations, coming in at $1.85 billion versus the consensus estimate of $1.84 billion, representing a slight increase…
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SAIC posts in-line Q1 earnings, slight revenue beat By Investing.com
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RESTON, VA – International Corporation (NASDAQ:) (NASDAQ: SAIC), a leading Fortune 500® technology integrator, reported first-quarter earnings per share (EPS) of $1.92, in line with… Analysts’ expectations. Revenue for the quarter marginally beat expectations, coming in at $1.85 billion versus the consensus estimate of $1.84 billion, representing a slight increase…
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Costco Q3 earnings beat all key metrics after shares closed at an all-time high
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Costco (COST) posted another huge quarter as consumers look for wallet-friendly prices on everyday essentials. On Thursday afternoon, the company reported net sales of $58.52 billion, compared to estimates of $57.98 billion. Its adjusted earnings of $3.78 also beat estimates of $3.70. “We’re definitely winning in consumer items, where we…
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U.K. Economy Shed Fewer Than Expected Jobs in April, Wages Beat Estimates
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The latest UK employment report was mostly better than expected, with the economy losing just 8.9K jobs in April versus an estimated decline of 13.9K jobs. In addition, previous readings enjoyed notable improvements, reflecting flexibility in the labor market and strong wage inflation. Change in the number of claimants in…
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Emerson shares inch up on earnings, revenue beat By Investing.com
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street. LOUIS – Emerson Electric Company (NYSE: NYSE:) reported stronger-than-expected second-quarter performance, with adjusted earnings per share (EPS) and revenue beating analysts’ expectations. EMR shares rose 0.9% in pre-market trading. The company reported second-quarter adjusted EPS of $1.36, which beat analysts’ estimates of $1.25. Revenue also beat expectations, coming in…