#earnings
articles
Covenant Logistics Tumbles After Earnings as Management Defends Long-Term Strategy
Covenant Logistics stock fell 11% after second-quarter earnings missed expectations, while management argued its shift t...
ICE Mortgage Tech Logs Best Quarter Since 2022; Parent to Buy MarketAxess for $5.7B
ICE Mortgage Technology posted $557M in Q2 revenue and an 8% operating margin, while parent ICE announced a $5.7B deal t...
Siemens Healthineers Cuts Sales Outlook on Lab Diagnostics Drag; Shares Slide
Siemens Healthineers lowered its comparable revenue growth target for fiscal 2025/26 after a soft third quarter, while r...
Bajaj Finance Shares Hit Fresh 52-Week High on 29% Q1 Profit Jump, Brokerages Turn Bullish
Bajaj Finance's Q1FY27 net profit rose 29% to ₹5,345.50 crore, sending shares up 6% to a record high of ₹1,122.30. Broke...
Apple Delivers Record Quarter, But Stock Tumbles 8% as Market Fears Loom
Apple's revenue surged 16% to $109bn, with iPhone sales up 22% to a record $54bn for a spring quarter. Consumers rushed ...
AXA Posts 9% Net Profit Rise, Maintains 2026 Targets
French insurer AXA reported first-half net profit of €4.17 billion, up 9% at constant currency, and reaffirmed full-year...
Siemens Healthineers Cuts Revenue Outlook on Diagnostics Weakness, But Tariff Refunds Lift Profit
The German medical equipment giant lowered its full-year revenue growth forecast to 3.5–4% as its diagnostics unit drags...
Hensoldt Order Backlog Tops €10 Billion for First Time on Defence Spending Surge
Radar specialist Hensoldt doubled order intake to €2.8bn in H1 2026, pushing its backlog past a record €10.4bn. The comp...
Apple Shares Slide as Record Earnings Overshadowed by Weak Forecast
Apple's record June-quarter iPhone sales of $54.25bn were overshadowed by a 9-11% current-quarter revenue guidance that ...
Apple's Net Profit Jumps 20% as Market Cap Nears $5 Trillion, Leaving Nvidia Behind
Apple reported a 20% surge in nine-month net profit to $101.5 billion, fueled by stronger-than-expected iPhone and Mac s...
PUMA Slashes Quarterly Loss on Tariff Refund as CEO Hoeld’s Restructuring Gains Traction
The German sportswear group reported a smaller-than-expected net loss of €72.8m, helped by a €11.5m tariff reimbursement...
Holcim Lifts 2026 Outlook After First-Half Beat, Organic Growth Defies Currency Headwinds
Holcim reported better-than-expected half-year results, driven by a 5.2% rise in organic revenue, and raised its full-ye...
AXA Says French Wildfires Won’t Derail 2026 Profit Forecast as H1 Earnings Rise
French insurer AXA reports H1 operating profit up 2% to €4.5bn, lifts net income 6% to €4.2bn, and reaffirms 8% EPS grow...
Sony Raises Profit Outlook on PlayStation Strength, But Shares Dip
Sony lifted its full-year operating profit forecast to ¥1.72tn after a strong Q1 driven by gaming, a weak yen and US tar...
Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges
EPS of $5.75 vs. $1.82 expected and AWS growth of 37% powered a blockbuster quarter. CEO Andy Jassy says even $220 billi...
Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead
Thermax shares fell sharply as Q1 profit plunged on a one-time cost overrun, and the company flagged weak demand, rising...
Ibex 35 Tests New Records as Oil Slips and Unicaja Jumps on Results
Spanish stocks edge toward uncharted territory on the back of falling oil prices, a geopolitical thaw, and a mixed bag o...
Meliá Nets €4.1M After €79.4M Cuba Provision, Underlying Profit Hits €83.5M
Meliá Hotels International reported first-half revenue above €1 billion, but a €79.4 million provision for its exit from...
Zuckerberg's Wealth Drops $18 Billion as Meta Shares Slide on AI Spending Worries
Meta's stock fell 21.7% in 11 days after second-quarter earnings missed estimates and the company raised spending foreca...
Tata Steel Q1 Earnings Beat Estimates as India Volumes, Prices Offset Cost Pressure
Consolidated net profit rose 11.6% to ₹2,318 crore, surpassing street views and sending shares up 2.2%. Higher domestic ...
Bajaj Finserv Q1 Profit Jumps 18% on Strong Lending, Plans Reinsurance Foray
Net profit rose to Rs 6,297 crore on higher interest income; board approves subsidiary for reinsurance business, subject...
Waaree Energies Eyes H2 Recovery on Cell Ramp, Nomura Keeps Buy, Cuts Target
Nomura maintains Buy rating on Waaree Energies, lowering target to Rs3,740, as the solar module maker expects a second-h...
Investcorp Capital Annual Profit Falls 46% as Second-Half Slump Deepens
Abu Dhabi-listed firm books $44m profit for year to June 2026, down from $81m, as board recommends interim cash dividend...
Crédit Agricole Beats Forecasts as Regional Banks and Insurance Unit Drive 7.8% Profit Jump
French lender’s Q2 net income rises to €2.7 billion, with a record insurance quarter offsetting the impact of last year’...
Microsoft Books $450 Billion Single-Day Gain as Azure AI Bets Pay Off
Microsoft added nearly $450 billion in market value in one session — the largest single-day jump in stock market history...
Africa Prudential Pivots to Digital as Nigeria’s Capital Market Activity Doubles
The registrar-turned-tech player posted 27% gross earnings growth and is pushing digital AGM, KYC and mobile apps to cap...
European Stocks Rise as Tech Rally and AI Optimism Offset Inflation Jitters
A broad tech rebound, fueled by Microsoft and Amazon’s AI spending plans, pushed European markets toward a fourth straig...
IAG First-Half Profit Drops 21% as Iran War Drives Up Jet Fuel Costs; Iberia Provision €114M
IAG's H1 net profit fell 21% to €1.03 billion, squeezed by surging kerosene prices from the Iran conflict and a one-off ...
Unicaja First-Half Profit Rises 7% on Lending Surge, Lifts Payout Target to 95%
Spanish bank Unicaja posted a 7.1% increase in H1 net profit to €361 million, fueled by a jump in mortgage and business ...
Amazon Raises AI Capex by $20 Billion as Chip Costs Surge, AWS Demand Exceeds Forecasts
Amazon Q2 profit surged to $62.65 billion and revenue rose 20%, but soaring memory chip prices pushed annual capex guida...