Posts with tag: technology
Equifax Q4 2023 Earnings: EPS beats, revenue misses on lower demand for credit reports and scores
Published on: February 06, 2025, 12:06 PM UTC
Advanced Drainage Systems (WMS) reported a Q3 net income of $81.2 million, or $1.04 per share, and adjusted earnings of $1.09 per share on revenue of $690.5 million.
Published on: February 06, 2025, 12:05 PM UTC
NVent Electric PLC (NVT) reported fourth-quarter earnings of $10.7 million, aligning with analyst expectations of 59 cents per share. Revenue, however, fell short of estimates at $752.2 million, compared to a forecast of $770.4 million. Read more on the company's annual performance and future earnings projections.
Published on: February 06, 2025, 12:05 PM UTC
Tapestry Inc. (TPR) reported fiscal Q2 net income of $310.4 million, EPS of $1.38, and revenue of $2.2 billion, surpassing analysts' expectations. Full-year earnings are projected at $4.85-$4.90 per share, and revenue at $6.85 billion.
Published on: February 06, 2025, 12:05 PM UTC
Hilton Worldwide forecasts 2025 profit below estimates due to weak US leisure travel demand, particularly among low- to middle-income consumers facing inflation.
Published on: February 06, 2025, 12:04 PM UTC
Siemens Healthineers CEO sees "very positive" impact from potential stake reduction by parent Siemens, aiming for higher free float for long-term company and share value.
Published on: February 06, 2025, 12:04 PM UTC
Ford CEO warns that Trump's tariffs would "wipe out" billions in industry profits and hurt US jobs. Auto industry accounts for 26% of imports from Mexico and 12% from Canada.
Published on: February 06, 2025, 12:04 PM UTC
Chinese AI startup DeepSeek restricts API access due to server capacity shortages, ending discounts and implementing usage fees.
Published on: February 06, 2025, 12:04 PM UTC
Ford's Q4 beats estimates, but muted guidance drives stock down after hours. Revenue up 5% YoY to $48.2B, EPS $0.39 vs $0.32 est. Company forecasts $7.0B-$8.5B in 2025 adjusted EBIT, below expectations.
Published on: February 06, 2025, 12:02 PM UTC
Ford CEO warns that 25% tariffs would "wipe out" auto industry profits and hurt jobs. Farley said that tariffs would mean higher prices for customers and could inject chaos into auto supply chains. GM CEO Mary Barra also warned that tariffs could unnerv investors.
Published on: February 06, 2025, 12:01 PM UTC