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Thomas Cook Issues FQ3 Forecast
Tuesday, July 12, 2011 - 3:28am | 45Thomas Cook PLC (OTC: TCKGF) issued projections for the fiscal third quarter. Thomas Cook projects underlying operating profit of around 20 million pounds ($32 million). The group projects underlying operating profit for the year to be about 320 million pounds, compared with 362.2 million pounds...
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Lumber Liquidators Lowers Full-Year Projections; Shares Drop In Pre-Market
Thursday, July 7, 2011 - 8:04am | 120Lumber Liquidators Holdings Inc (NYSE: LL) lowered its full-year forecast and projected weaker-than-expected results for the second quarter. The retailer now expects full-year earnings between $1 and $1.15 per share on sales of $670 million to $700 million, down from its earlier forecast of $1.13...
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Samsung Electronics Projects Decline In Q2 Operating Profit
Thursday, July 7, 2011 - 3:53am | 77Samsung Electronics Co (OTC: SSNLF) projected drop in Q2 earnings. The company expects Q2 operating profit of between KRW3.5 trillion ($3.3 billion) and KRW3.9 trillion, versus an operating profit of KRW5.01 trillion, in the year-ago quarter. The company projects sales of between KRW38 trillion ($...
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Fuji Heavy Projects 30% Decline In Annual Net Profit
Wednesday, July 6, 2011 - 3:51am | 97Fuji Heavy Industries Ltd (OTC: FUJHY) projects a 30% drop in group net profit in the current fiscal year. Fuji expects a net profit of Y35 billion for the fiscal year ending March 2012, compared to Y50.33 billion, in the earlier year. The company also projects a 6.4% drop in sales to Y1.480...
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Cable & Wireless Issues FY12 Profit Forecast
Tuesday, June 28, 2011 - 3:18am | 96Cable & Wireless PLC (OTC: CWIXF) projected that FY12 earnings before interest, tax, depreciation and amortization would come in 5% to 10%, down from current market estimates. The company now projects to pay out 2.25 pence as the FY12 dividend. The company's Chief Executive Jim Marsh stepped...
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Nissan Expects 15% Drop In Net Profit
Thursday, June 23, 2011 - 3:58am | 156Nissan Motor Co Ltd (OTC: NSANY) projects a 15% decline in net profit for the current fiscal year. Nissan expects a net profit of Y270 billion in the fiscal year, versus Y319.22 billion in the previous fiscal year. Analysts expected a profit of Y252.20 billion for the same period. The company...
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Philips Issues Profit Warning For Second Quarter; Shares Drop In Pre-Market Trading
Wednesday, June 22, 2011 - 6:38am | 78Koninklijke Philips Electronics (NYSE: PHG) warned of sharply lower profits on Wednesday. For the lighting unit, Philips projects Q2 earnings before interest, taxes and amortization of about 85 million euros ($122 million), down from €193 million in the first quarter and €210 million in the second...
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Nabors Issues Q2 Operating Profit Guidance
Monday, June 20, 2011 - 6:48am | 62Nabors Industries Ltd (NYSE: NBR) projects Q2 operating profit to be in the range of $165 million to $170 million, due to weaker-than-expected results from its pressure pumping, US offshore and international divisions. NBR shares dropped 3.69% to close at $24.03 on Friday. Read more from Benzinga...
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Aggreko Projects Higher First-Half Revenue
Monday, June 20, 2011 - 2:41am | 67Aggreko PLC (OTC: ARGKF) projects the rate of underlying trading profit growth for the year marginally above than the 20% growth view in April. Aggreko projects headline profit for the year to be marginally up on 2010. Aggreko expects first-half revenue in constant currency and excluding pass-...
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Caltex Projects Decline In Profit
Monday, June 20, 2011 - 1:45am | 94Caltex Australia Ltd (OTC: CTXAF) projected around 39% drop in first half profit on Monday. Caltex, which is 50% owned by Chevron Corp (NYSE: CVX), projects a replacement cost of sales operating profit for the six months to June 30 of A$100 million to A$115 million, versus A$163 million, a year...
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Mazda Motor Projects To Report Profit This Year
Friday, June 17, 2011 - 3:02am | 100Mazda Motor Corp (OTC: MZDAF) projects to swing to profit this fiscal year. Mazda Motor expects a net profit of Y1 billion in the current fiscal year, versus a Y60.04 billion net loss, in the previous fiscal year. Analysts expected a profit of Y620 million. The company projects sales to drop 5.8%...
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Honda Projects 63.5% Decline In Fiscal Year Profit
Tuesday, June 14, 2011 - 4:15am | 154Honda Motor Co (NYSE: HMC) projects a 63.5% drop in its profit for the current fiscal year. Honda expects a profit of 195 billion yen ($2.4 billion) for the current fiscal year, down from 534 billion yen in the last fiscal year. However, analysts expected a profit of Y385.43 billion for the year...
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General Mills Reaffirms FY11 Earnings Forecast
Tuesday, June 14, 2011 - 3:23am | 70General Mills Inc (NYSE: GIS) affirmed its sales and earnings forecast for fiscal 2011. General Mills projects adjusted earnings of $2.46 to $2.48 per share. versus analysts' estimates of $2.48 per share for the year. The company plans to report its results on June 29. GIS shares gained 1.41% to...
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Imperial Tobacco Projects Lower Profit In Spain
Monday, June 13, 2011 - 4:34am | 65Imperial Tobacco Group PLC (OTC: ITYBY) projects lower profit in Spain. The group now projects adjusted operating profit from the country of 110 million pounds ($179 million), down from previous estimates for the year to September 30. ITYBY shares fell 2.34% to close at $67.56 on Friday. Read...
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Toyota Projects 35% Decline In Fiscal Year Operating Profit
Friday, June 10, 2011 - 3:33am | 97Toyota Motor Corp (NYSE: TM) issued its projections for the business year that began in April on Friday. Toyota projects operating profit to drop 35% to 300 billion yen ($3.7 billion). However, analysts expected 434 billion yen operating profit for the year. Toyota's operating profit in the year...