Page 43 - Q3 Results

Samsung sees profit decline on weak chip demand after strong Q3 earnings

SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> said on Thursday it expects fourth-quarter profit to fall due to weak server chip demand and rising smartphone competition, after posting its best quarterly operating profit in two years in the third quarter.

HSBC to accelerate restructuring plan as Q3 profit tumbles 35% due to Covid

Reported pretax profit for Europe's biggest bank by assets came in at $3.1 billion for the quarter ended Sept. 30, down from $4.8 billion in the same period a year earlier

Nestle India pre-tax profit up 12.4% to Rs 787 cr in September quarter

Weathering impact of localised lockdowns, it managed to grow its net sales by 10.2 per cent during the quarter to Rs 3,525 crore

Huawei third-quarter revenue rises 3.7%, ending double-digit growth streak

Net profit margin for the nine months was 8.0%, versus 8.7% over the same period a year earlier, Huawei said

Nestle India Q3 net profit dips marginally to Rs 587 cr; sales rise 10%

The company, which follows January-December financial year, had posted a profit of Rs 595.27 crore in the July-September quarter a year ago

Intel Q3 earnings beats expectations despite Covid, revenue declines 4%

"Our teams delivered solid third-quarter results that exceeded our expectations despite pandemic-related impacts in significant portions of the business," Intel CEO Bob Swan said in a statement

Mercedes-Benz Q3 margins rebound on China boost; rise to 9.4% from 7%

Daimler said its adjusted EBIT rose to 3.479 billion euros ($4.11 billion) in the quarter, up from 3.14 billion euros in the year-earlier period

Ambuja Cements reports 51% rise in net profit at Rs 804 cr in Sept qtr

The company, which follows January-December financial year, had clocked a net profit of Rs 533.85 crore in the year-ago period, Ambuja Cements said in a BSE filing

Schneider Electric ups 2020 revenue outlook as 3rd qtr returns to growth

The company also upgraded its full-year core profit margin target to 15.1%-15.4% from 14.5%-15.0% previously, and confirmed its aim to increase this to around 17% by 2022

Nestle raises full-year guidance after third quarter sales beats poll

For the first nine months of the year, Nestle's organic sales grew by 3.5%, compared to analysts' average estimate for 2.8%, according to a company-supplied consensus

Snapchat hits 249 mn daily users, sales up 52% in third quarter of 2020

Snapchat saw its daily active user base jump to touch 249 million, from 238 million in last quarter, as the company registered a 52% increase in revenue at $679 million in its third quarter

Strong realisation, cost saving lift ACC's Q3 show; sales at year-ago level

The robust Q3 operating performance that was ahead of expectations is driving upgrades in earnings and target prices

Delta Air Lines posts $5.4 billion Q3 loss as pandemic hammers travel

However, executives said passengers are starting to return and bookings for Thanksgiving and Christmas are looking up

Johnson & Johnson beats Q3 profit estimates, raises 2020 financial forecast

Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a $4 billion charge for litigation costs in the year-ago quarter. The health care giant blew past Wall Street expectations and raised its financial forecast for the year. Meanwhile, the New Brunswick, New Jersey-based company disclosed late Monday that it had to temporarily pause its huge, late-stage study of a potential COVID-19 vaccine due to an unexplained illness in a study participant. Such pauses are not unusual in big studies, and it's unknown whether the participant one of 60,000 planned for the global study got J&J's shot or a placebo. The world's biggest maker of health care products on Tuesday reported net income of $3.55 billion, or $1.33 per share, up 103% from $1.75 billion, or 66 cents per share, in 2019's third quarter. Excluding one-time gains and expenses, adjusted net income was $5.87 billion, or $2.20 per share, up from $5.67 billion, or or $2.12 per share, a ...

Samsung likely to post 35% surge in Q3 profit as smartphone sales recover

SEOUL (Reuters) - Samsung Electronics Co Ltd's <005930.KS> September-quarter profit likely surged more than a third, fuelled by strong smartphone sales and a rush order of memory chips from Huawei Technologies Co Ltd [HWT.UL], analysts said.

Samsung may log $54.5 bn in sales, to sell 80mn Galaxy phones in Q3

Samsung is expected to report strong third-quarter earnings as its mainstay semiconductor business remained solid despite a decline in memory prices

Adidas expects to bounce back to profitability in Q3 after pandemic hit

Adidas said its sales were flat for the second quarter in China, where it saw double-digit growth in May and June

Apple Q3 earnings top Wall Street estimates amid Covid-19, shares rise 6%

California-based company posted iPhone revenues of $26.42 billion, $4 billion above analyst expectations

Is Walmart losing its business to Amazon? Fourth quarter results suggest so

The company's total revenue rose 2.1 per cent to $141.67 billion, missing the estimate of $142.49 billion

RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr

The company had posted a loss of Rs 238 crore in the same period a year ago