Quarterly Reports

Latest News for: Quarterly reports

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The 5 biggest takeaways from earnings season, according to a Wall Street chief stock strategist

The Times of India 09 Aug 2020

With two-thirds of S&P 500 quarterly reports released, a team of RBC Capital Markets analysts scoured data and transcripts to judge what's in store for the stock market ... Here are the five takeaways RBC found from companies' second-quarter reports, from mixed corporate ......

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Hot rookies and not-so-hot pot companies hop on the slowing earnings parade

Market Watch 09 Aug 2020

Equity Strategist Jonathan Golub, even as S&P 500 components have so far beaten June-quarter estimates by 23% in aggregate ... The online insurance company’s stock is still comfortably more than 100% higher than its IPO price, as is another stock that went public in the second quarter, online car-seller Vroom, which will report Wednesday afternoon....

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Metro office space vacancy rising, rents falling

Manila Bulletin 09 Aug 2020

The COVID-19 pandemic has sent vacancies in Metro Manila’s office spaces rising and rental rates falling in the second quarter this year despite no new office building completion for the period, according to an office space study ... “The vacancy rate increased by a full percentage point to 6.5 percent during the quarter....

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COVID-19 impact: UAE’s crdeit demand takes a hit in second quarter of 2020

Gulf News 09 Aug 2020

The UAE banks witnessed a decline in credit appetite both for business and personal loans during the second quarter of 2020, according to the Credit Sentiment Survey of the Central Bank of UAE ... Three quarters of respondents reported that they have kept the maximum loan-to-value ratio unchanged, while 14.1 per cent had relaxed it....

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COVID-19 impact: UAE’s credit demand takes a hit in second quarter of 2020

Gulf News 09 Aug 2020

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Lyft, DraftKings, Marriott, Cisco, and Other Stocks for Investors to Watch This Week

Barrons 09 Aug 2020

Second-quarter earnings season begins to wind down this week, but with several notable companies left to report ... Barrick Gold, Duke Energy, Liberty Media, Marriott International, Occidental Petroleum, Royal Caribbean Cruises, and Simon Property Group report quarterly results ... Cisco Systems, Lyft, and Vroom report quarterly results....

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Saudi Aramco’s profit plunges due to Covid-19 lockdowns, poor demand

Business Line 09 Aug 2020

We are seeing that Asia is picking up and other markets (too),” he told reporters after announcing the company's quarterly results ... Aramco reported a 73.4 per cent fall in second-quarter net profit, a steeper drop than analysts had forecast, and said it expected capital ......

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GIS stock soars on market share hopes

Taipei Times 09 Aug 2020

By Chen Cheng-hui / Staff reporter ... Yuanta said GIS’ earnings would grow further, driven by stronger momentum in the tablet and notebook computer business and the company’s better product mix, after the company last week reported strong sales and profit for the second quarter....

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RAK Properties reports jump in second quarter profit on higher revenue

The National 09 Aug 2020

RAK Properties reported a 15 per cent jump in net profit for the ... Downward pressure on rents "is expected to continue with the steady delivery of new supply", the company's second quarter report said, adding that increased competition from Dubai is keeping prices low....

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Saudi Aramco's Q2 net profit slides on lower oil prices

The National 09 Aug 2020

Saudi Aramco reported a 73.4 per cent fall in second quarter net profit due to the impact of lower oil prices and declining refining and chemicals margins, amid the Covid-19 pandemic, which tipped the global economy into its deepest recession since the Great Depression, the company said....

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TaiMed returns to profit on Trogarzo sales

Taipei Times 09 Aug 2020

TaiMed received a bump as the share price of Montreal-based Theratechnologies, of which TaiMed holds 2.3 million shares, surged last quarter. By Kao Shih-ching / Staff reporter ... Net profit in the second quarter was NT$30.42 million ... Earnings per share last quarter were NT$0.12....

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Saudi Aramco to pay $18.75bn in dividends even as Q2 net profit slides

The National 09 Aug 2020

Aramco, which produces and sells oil on behalf of the kingdom, reported a 70.3 per cent year-on-year decline in free cash flow for the second quarter to $6.1bn ... Last week, Sabic, the region’s biggest petrochemicals firm, reported its third consecutive quarterly loss on the back of ......

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Profit up 87% at Buffett's firm, but virus slows businesses

Lincoln Journal Star 09 Aug 2020

OMAHA — Warren Buffett's company reported an 87% jump in its second-quarter profit, as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write-down on the value of its aircraft parts-manufacturing business because of the economic impact of the coronavirus pandemic....