Category: fullyear
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BMW expects full-year earnings margin in lower half of 6-7% target
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(Reuters)-BMW expects its profits before taxes in the fourth quarter are less than last year, and for the entire year margins in the minimum of its goal of 6-7 %, according to the segments of the post on the car site on the car site on Tuesday. Inflation and fixed…
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Exchange-traded fund flows smash full-year record
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Breadcrumb links Financial Times wealth The $1.4 trillion pumped into global ETFs in the first 10 months of the year exceeds the $1.33 trillion raised in all of 2021. Article writer: Financial Times Steve Johnson Posted on November 13, 2024 • 4 minutes read You can save this article by…
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GE Vernova rallies after profitability update, affirming full-year guidance (NYSE:GEV)
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Monte Racusin/Digital Vision via Getty Images GE Vernova (NYSE:GEV) +2.4% In Thursday trading, the stock hit an all-time daily high, reversing an early 4.5% decline after it cut guidance for third-quarter earnings, but Reaffirms its full-year forecast. GE Vernova (GEV) said it still expects to deliver strong organic revenue in…
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Pagaya surpasses Q2 2024 earnings, raises full-year outlook By Investing.com
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Pagaya Technologies Inc. (NASDAQ:), a leading financial technology company, has reported robust financial results for the second quarter of 2024, exceeding its own revenue and adjusted EBITDA guidance. The company has raised its full-year outlook for both metrics, citing strong growth in fee revenue less production costs (FRLPC) and the…
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agilon health reports growth in Q2, adjusts full-year guidance By Investing.com
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During the second quarter earnings call, agilon health (AGL) CEO Steve Sell provided an update on the company’s performance and strategic initiatives. agilon health reported substantial growth in its Medicare Advantage membership and revenues, while also announcing adjustments to its full-year guidance. The company is experiencing a significant increase in…
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ABN Amro lifts full-year interest income outlook on higher rates By Reuters
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By Leo Marchandon and Matteo Allevi (Reuters) – Dutch bank ABN Amro on Wednesday raised its full-year net interest income forecast to 6.4 billion euros ($6.98 billion) after beating second-quarter estimates, sending its shares up 3 percent. ABN Amro’s previous forecast of €6.3 billion was in line with 2023 levels.…
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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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BHP hits record for full-year iron ore production, meeting guidance (NYSE:BHP)
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CUHRIG/E+ via Getty Images BHP (NYSE: BHP) said on Tuesday that it had identified Another record for annual iron ore production Meeting expectations, with steady production expected for next year. The world’s largest mining company by market value said in its report Operations Review for Fiscal Year 2024 It was…
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BHP hits record for full-year iron ore production, meeting guidance (NYSE:BHP)
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CUHRIG/E+ via Getty Images BHP (NYSE: BHP) said on Tuesday that it had identified Another record for annual iron ore production Meeting expectations, with steady production expected for next year. The world’s largest mining company by market value said in its report Operations Review for Fiscal Year 2024 It was…
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Adidas raises full-year guidance after better-than-expected Q2 results By Investing.com
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Adidas (OTC:) raised its full-year guidance on Tuesday after a strong performance in the second quarter of 2024. The sportswear giant reported currency-neutral revenues increased 11% year-over-year, with euro-denominated revenues up 9% to €5.822 billion, up from €5.343 billion in 2023. Excluding Yeezy sales, currency-neutral revenues saw an impressive 16%…
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Ulta Beauty reports growth and updates full-year outlook By Investing.com
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Ulta Beauty, Inc. (NASDAQ:) reported a 3.5% increase in net sales reaching $2.7 billion in the first quarter of 2024, with comparable sales growing by 1.6%. Despite a challenging environment, the company showed resilience with an operating profit of 14.7% of sales and a diluted earnings per share (EPS) of…
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Honda sees full-year profit rising 2.8% By Reuters
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TOKYO (Reuters) – Japan Honda Motor Co. (NYSE:) forecast a 2.8% increase in operating profit for this fiscal year, after beating analysts’ estimates in the fourth quarter as strong sales growth in the United States offset a decline in China. Full-year operating profit for Japan’s second-largest automaker by volume is…
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Bill.com (NYSE:BILL) Reports Upbeat Q1, Provides Optimistic Full-Year Guidance By Stock Story
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Billing and payment software maker Bill.com (NYSE:BILL) beat analysts’ expectations in the first quarter of fiscal 2024, with revenue rising 18.5% year-over-year to $323 million. Furthermore, revenue guidance for the upcoming quarter ($325 million at the midpoint) was surprisingly good and 3.3% higher than analysts had expected. It generated non-GAAP…
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GSK raises full-year profit forecast, says first-half will see stronger sales By Reuters
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