Steel Partners Holdings LP Profit Retreats In Q3, but beats estimates Steel Partners Holdings LP (SPLP) revealed earnings for third quarter that decreased from the same period last year but beat the Street estimates. The company’s bottom line totaled $25.6 million, or $1.14 per share. This compares with $36.3 million, or $1.45 per share, in […]
Upstart Holdings Down 24% As Q3 Results Miss Street Shares of Upstart Holdings, Inc. (UPST) are down 24% on Wednesday after the company announced third-quarter earnings and revenue that missed the Street estimates. UPST is trading on the Nasdaq at $22.13, down 24.75% or $7.28 per share. It has traded between $11.93 and $72.58 in […]
European Economic News Preview: UK Manufacturing PMI Data Due Manufacturing Purchasing Managers’ survey data from the UK is the top economic news due on Wednesday. At 3.00 am ET, UK Nationwide house price data is due. House prices are forecast to fall 4.8 percent on a yearly basis in October after a 5.3 percent decrease […]
Capgemini Q3 Revenue Drops, Backs Annual Guidance Capgemini SE (CGEMY.PK,CAPP), a French IT company, on Tuesday registered a decline revenue for the third-quarter of 2023, amidst challenging macro-economic conditions. For the third quarter, the company posted a revenue of 5.480 billion euros, lesser than 5.553 billion euros, reported for the same period last year. For […]
Tecnoglass Falls 11% Tecnoglass Inc. (TGLS) shares are sliding more than 11 percent on Monday morning trade after the company reported a decline in third quarter earnings, compared to the prior year. Quarterly profit declined to $46.09 million from $46.92 million in the previous year. On a per share basis, earnings were $0.97, down from […]
Dish Network Corp. Q3 Earnings Summary Below are the earnings highlights for Dish Network Corp. (DISH): Earnings: -$139 million in Q3 vs. $412 million in the same period last year. EPS: -$0.26 in Q3 vs. $0.65 in the same period last year. Analysts projected $0.04 per share Revenue: $3.70 billion in Q3 vs. $4.10 billion […]
The Kraft Heinz Company Q3 Profit Decreases, but beats estimates The Kraft Heinz Company (KHC) released earnings for third quarter that decreased from last year but beat the Street estimates. The company’s earnings totaled $262 million, or $0.21 per share. This compares with $432 million, or $0.35 per share, in last year’s third quarter. Excluding […]
Franklin Resources Preliminary Q4 Net Income Rises Franklin Resources, Inc. (BEN) reported preliminary fourth quarter net income of $295.5 million or $0.58 per share, compared to $232.7 million or $0.46 per share, prior year. Preliminary adjusted net income was $427.0 million and adjusted earnings per share was $0.84, compared to $394.4 million and $0.78, prior […]
Oil Prices Rebound After Monday's Selloff Oil prices traded higher on Tuesday, after having fallen over 3 percent on Monday amid demand concerns and signs that the Israel-Hamas war will remain contained. Benchmark Brent crude futures rose 0.6 percent to $86.90 a barrel, while WTI crude futures were up 0.7 percent at $82.92. A weaker […]
Klockner Q3 Operating Income Rises, But Cuts FY EBITDA Outlook; To Reduce Jobs Klockner & Co SE (KCO), a German steel maker, reported an operating income (EBITDA) before material special effects of 41 million euros in the third quarter 2023, which is at the lower end of the forecast range of 40 million euros – […]