Posts with tag: funny
GXO Logistics reports Q4 profit of $100 million, exceeding analysts' estimates with an adjusted EPS of $1. Revenue of $3.25 billion also surpasses expectations.
Published on: February 12, 2025, 11:06 PM UTC
Royalty Pharma reports Q4 net income of $208 million, exceeding Wall Street expectations. Full-year revenue reached $2.8 billion, with a forecast of $2.9-$3.05 billion for the coming year.
Published on: February 11, 2025, 01:06 PM UTC
Enphase (NASDAQ: ENPH) surpasses Q4 sales estimates, boosting stock value. Revenue surges 26.5% year-over-year, exceeding analyst expectations by 1.6%. Quarterly earnings per share of $0.94 beat estimates by 24.7%, leading to a 6% stock price increase. Strong sales guidance for Q1 CY2025 and solid revenue growth projections for the next 12 months. Analysis of key financial metrics, including revenue, earnings per share, and operating margin, provides insight into the company's performance.
Published on: February 04, 2025, 11:06 PM UTC
Hong Kong banks face mounting losses on distressed property sales amid a real estate slump. Commercial property values have plummeted over 40% since 2018, eroding collateral backing loans. Lenders reluctant to sell assets at a loss are now forced to unload them below loan values, crystallizing losses. Despite strong capital buffers, banks face pressure on commercial real estate portfolios as defaults rise due to cash flow difficulties.
Published on: January 27, 2025, 04:02 AM UTC