Alfa Laval Q3 Profit Climbs Alfa Laval (ALFA.ST) released earnings for its third quarter that increased from the same period last year The company’s earnings came in at SEK1.781 billion, or SEK4.29 per share. This compares with SEK1.225 billion, or SEK2.92 per share, in last year’s third quarter. The company’s revenue for the quarter rose […]
Packaging Corporation of America Q3 Profit Decreases, but beats estimates Packaging Corporation of America (PKG) announced earnings for third quarter that decreased from the same period last year but beat the Street estimates. The company’s bottom line came in at $183.2 million, or $2.03 per share. This compares with $262.5 million, or $2.80 per share, […]
Citizens Financial Services Q3 EPS Declines Citizens Financial Services, Inc. (CZFS), parent company of First Citizens Community Bank, announced Monday that net income for the third quarter was $7.55 million or $1.61 per share, compared to $7.54 million or $1.88 per share in the prior-year quarter. Net interest income for the quarter grew to $21.93 […]
European Economic News Preview: Eurozone Foreign Trade Data Due Foreign trade data from the euro area is the top economic news due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany’s wholesale prices for September. Wholesale price inflation is forecast to rise to […]
Autoliv Gains On Higher Q3 Earnings Autoliv, Inc. (ALV) shares are adding more than six percent on Friday morning trade after the company reported a surge in earnings for the third quarter on improved revenues. The quarterly earnings were $1.57 per share, up 30 percent, from $1.21 per share last year. On an adjusted basis, […]
Abbott Laboratories Lifts Midpoint Of FY23 Earnings Outlook Range – Update Biopharmaceutical major Abbott Laboratories (ABT), while announcing flat earnings and weak revenues in its third quarter, on Wednesday raised the midpoint of its fiscal 2023 earnings guidance on a reported and adjusted basis. For the year, the company now expects earnings per share of […]
First Horizon Q3 Adj. EPS Tops Estimates, But Revenues Miss First Horizon Corp. (FHN) reported Wednesday that its net income available to common shareholders for the third quarter plunged to $129 million or $0.23 per share from $257 million or $0.45 per share in the prior-year quarter. Excluding notable items, adjusted net income of the […]
Thermo Fisher Scientific To Acquire Olink For $3.1 Bln Diagnostics & Research company Thermo Fisher Scientific Inc. (TMO) announced on Tuesday that it will be acquiring Olink Holding AB (OLK), a Swedish diagnostic company for $26 per common share or ADS in all-cash transaction. The total value of the consideration is around $3.1 billion, including […]
European Economic News Preview: Germany Factory Orders Data Due Factory orders from Germany and house prices from the UK are the top economic news due on Friday. At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss jobless data for September. The unemployment rate is seen unchanged at 2.1 percent. […]
EasyJet To Deliver Record Q4 Headline Pretax Profit, Achieves FY23 Financial Targets easyJet Plc (ESYJY.PK,EZJ.L) said it expects fourth quarter headline profit before tax to be between 650 million pounds – 670 million pounds. Total group revenue is projected to be around 3.12 billion pounds with passenger revenue of 1.97 billion pounds. During fourth quarter, […]