Goodyear Tire GT reported third-quarter 2022 adjusted earnings per share of 40 cents, missing the Zacks Consensus Estimate of 61 cents. Lower-than-anticipated revenues and operating income in the Americas and EMEA segments, and lesser-than-expected sales in the Asia Pacific segment weighed on the results. The bottom line decreased 44.4% from the year-ago figure of 72… Continue reading Goodyear’s (GT) Q3 Earnings Lag Estimates, Revenues Up Y/Y
Tag: Financial Results
Why Shares in Goodyear Slumped 20% This Week
Shares in Goodyear Tire & Rubber (NASDAQ: GT) were down more than 20% on the week as of the market close on Thursday afternoon. Meanwhile, this was supposed to be the year when car production ramped up, and raw material cost inflation subsided for Goodyear. Raw material inflation continued to surge, and management now expects… Continue reading Why Shares in Goodyear Slumped 20% This Week
06:50 ETAdient reports fourth quarter 2022 financial resultsAdient (NYSE: ADNT), a global leader in automotive seating, today announced fourth quarter…
Company expects increased earnings, margin and free cash flow in FY23; Adient’s Board of Directors approves a $600M share repurchase program PLYMOUTH, Mich., Nov. 4, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced fourth quarter 2022 financial results. Q4 GAAP net income and EPS diluted of $45M and $0.47, respectively;… Continue reading 06:50 ETAdient reports fourth quarter 2022 financial resultsAdient (NYSE: ADNT), a global leader in automotive seating, today announced fourth quarter…
The Global Warehouse Robotics Market is expected to grow by $4.1 bn during 2022-2026, accelerating at a CAGR of 13.31% during the forecast period
NEW YORK, Nov. 4, 2022 /PRNewswire/ — Global Warehouse Robotics Market 2022-2026 The analyst has been monitoring the warehouse robotics market and it is poised to grow by $4.1 bn during 2022-2026, accelerating at a CAGR of 13.31% during the forecast period. Our report on the warehouse robotics market provides a holistic analysis, market size… Continue reading The Global Warehouse Robotics Market is expected to grow by $4.1 bn during 2022-2026, accelerating at a CAGR of 13.31% during the forecast period
The Global Small Unmanned Aerial Vehicle (SUAV) Market is expected to grow by $8.64 bn during 2022-2026, accelerating at a CAGR of 13.35% during the forecast period
NEW YORK, Nov. 4, 2022 /PRNewswire/ — Global Small Unmanned Aerial Vehicle (SUAV) Market 2022-2026 The analyst has been monitoring the small unmanned aerial vehicle (SUAV) market and it is poised to grow by $8.64 bn during 2022-2026, accelerating at a CAGR of 13.35% during the forecast period. Our report on the small unmanned aerial… Continue reading The Global Small Unmanned Aerial Vehicle (SUAV) Market is expected to grow by $8.64 bn during 2022-2026, accelerating at a CAGR of 13.35% during the forecast period
TVS delivers strong show in Q2 FY2023, clocks Rs 407 crore net profit
TVS Motor Co today announced its numbers for the second quarter of the ongoing fiscal year and they reflect the strong market performance of the Chennai-based two- and three-wheeler manufacturer. While operating revenue grew by 28% to Rs 7,219 crore for July-September 2022 (Q2 FY2022: Rs 5,619 crore), operating rose by 31% to Rs 737… Continue reading TVS delivers strong show in Q2 FY2023, clocks Rs 407 crore net profit
TVS delivers strong show in Q2 FY2023, clocks Rs 407 crore net profit
TVS Motor Co today announced its numbers for the second quarter of the ongoing fiscal year and they reflect the strong market performance of the Chennai-based two- and three-wheeler manufacturer. While operating revenue grew by 28% to Rs 7,219 crore for July-September 2022 (Q2 FY2022: Rs 5,619 crore), operating rose by 31% to Rs 737… Continue reading TVS delivers strong show in Q2 FY2023, clocks Rs 407 crore net profit
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Nov 4 (Reuters) – New owner Elon Musk said on Friday that Twitter Inc had seen a “massive” drop in revenue and blamed activist groups pressuring advertisers. The world’s richest person, who took control of the social media company last week, said the decline came “even though nothing has changed with content moderation and we… Continue reading Untitled
Alibaba, JD.com, Nio extend rally in Chinese stocks amid continued hope for relaxing COVID rules
MarketWatch MGM Resorts reports surprise loss, stock drops Casino resort operator MGM Resorts International (MGM) reported a surprise loss for its third quarter, and shares fell 5% after hours on Wednesday following the results. The company reported a net loss of around $1.06 billion, or $1.45 per share, compared with a $1.34 billion profit, or… Continue reading Alibaba, JD.com, Nio extend rally in Chinese stocks amid continued hope for relaxing COVID rules
German Handelsblatt: BMW, Mercedes, Volkswagen: Luxury instead of mass: How the car industry is making record profits despite all the crises005533
BMW X7 The auto industry is heading for a record year despite selling fewer and fewer cars. (Photo: BMW Group) 40 billion euros. That’s how much money Volkswagen, Mercedes-Benz and BMW earned together from January to September. The net profit of the three German car giants increased by a third compared to the previous year.… Continue reading German Handelsblatt: BMW, Mercedes, Volkswagen: Luxury instead of mass: How the car industry is making record profits despite all the crises005533