Earnings Projections
- Stocks
Exxon says rising oil and gas prices will net it a Q2 windfall profit of at least $2.5 billion
Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its…
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The chip boom likely over, as Micron says it’s in a ‘downturn’
The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave…
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Micron’s weak forecast adds to Wall Street concerns that chip demand is drying up
Micron Technology Inc. added to Wall Street fears late Thursday that customers may have loaded up on chips during the…
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Nike earnings preview: Shift in demand and a pullback from Foot Locker could hurt results
Nike Inc. is looking down at the heel, according to Seaport Research Partners, which downgraded the athletic giant to neutral…
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KKR predicts corporate profit downturn as market looks beyond Fed moves
With the stock market fixated on recession and interest rate hikes, KKR & Co. Inc. economic forecast Henry McVey has…
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Glencore raises coal price, cost guidance amid ‘unprecedented’ environment
Glencore PLC on Friday raised the price and cost guidance for its coal operations and said the trading business is…
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U.S. companies are still making billions of dollars in adjustments so that their earnings look better, study finds
U.S. companies continued to adjust their net income numbers in 2021 to exclude billions of dollars worth of items, according…
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Lloyds reports pretax profit fall but says this beat market expectations
Lloyds Banking Group reported on 27 April a decline in pretax profit for the first quarter of 2021, beating market views…
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Carlyle grows assets but misses earnings forecast
Carlyle’s assets under management rose to $325bn by the end of March, but the firm reported weaker-than-expected results for the…
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Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning
Credit Suisse chief executive Thomas Gottstein said the bank has “firepower” to cut costs in frontline staff, and will scale…
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