Estimates
By Patrick Wingrove and Bhanvi Satija (Reuters) -Johnson & Johnson, fresh off a $14.6 billion deal to buy neurological drugmaker Intra-Cellular, reported fourth-quarter sales and profit above Wall Street estimates on Wednesday, driven by strong sales of its cancer treatments. The New Jersey-based drugmaker also said it expects 2025 sales…
(Reuters) – Below is a history of Reuters polls of analysts’ expectations for figures in the U.S. Department of Agriculture’s annual U.S. winter wheat seedings report. The USDA’s report is based on a survey of roughly 72,200 farmers. Ahead of the report’s release, Reuters surveys as many as 24 grain…
By Hyunjoo Jin and Joyce Lee SEOUL (Reuters) -Samsung Electronics’ preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end chips to Nvidia (NASDAQ:). Its earnings were dented by rising research and development…
By Arsheeya Bajwa and Zaheer Kachwala (Reuters) -Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom artificial intelligence chips in the next few years. Shares of the Palo Alto, California-based company were up 14% in aftermaket trade after CEO Hock Tan told…
By Stephen Nellis and Zaheer Kachwala (Reuters) – Chip design software firm Synopsys (NASDAQ:) on Wednesday forecast fiscal 2025 revenue below Wall Street expectations thanks in part to a slump in China sales as the U.S. tightens controls on what chip technology can be sold to the country. Shares of…
By Nivedita Balu, Arasu Kannagi Basil (Reuters) -Royal Bank of Canada, the country’s top bank by market value, reported fourth-quarter profit above analyst expectations helped by its acquisition of HSBC’s domestic business this year and strength at its wealth management division. National Bank, the smallest of Canada’s six large banks…
By Nivedita Balu, Pritam Biswas (Reuters) -Bank of Nova Scotia reported fourth-quarter earnings below analysts’ expectations and warned about modest economic growth in key international markets including Mexico, sending shares of Canada’s third-largest bank down about 3% on Tuesday. Bay Street had been optimistic on the bank’s prospects, upgrading its…
The auto industry is facing a potential increase in tariffs on car imports into the United States, which could significantly impact the earnings of European and U.S. carmakers. S&P Global has estimated that a 20% tariff on light vehicle imports from the European Union (EU) and the United Kingdom (TADAWUL:)…
Investing.com — Morgan Stanley (NYSE:) raised its Nvidia (NASDAQ:) stock estimates ahead of the company’s earnings report next week. Despite supply constraints, the firm anticipates another robust quarter for Nvidia, however, it believes that more significant upward revisions will occur later in the year. The analysis notes that Nvidia’s new…
By Max A. Cherney and Arsheeya Bajwa (Reuters) -Intel expressed optimism on Thursday about the future of its PC and server businesses, forecasting current-quarter revenue above estimates but warning that it had “a lot of work to do.” The chipmaker’s shares jumped more than 7% in extended trading, paring back…
