Earnings Earnings Announcements

  • TORONTO, Feb 11- Telus Corp, one of Canada's three big telecom providers, reported a 16 percent drop in fourth-quarter profit on Thursday, hurt by increased wireless competition and sagging demand, partly due to economic weakness in the oil-producing province of Alberta. Shares in the Vancouver- based company were down 1.2 percent at C $39.37 in early afternoon...

  • PARIS— Leading global cosmetics company L'Oreal saw its sales grow 12 percent last year, with increases across old and new markets despite difficulties in Brazil and global economic uncertainty. The Paris- based company reported Thursday that its net profit fell to 3.3 billion euros in 2015 from 4.9 billion euros the year before. L'Oreal said growth...

  • CHICAGO, Feb 11- Bunge Ltd expects a challenging year in 2016 due to slumping U.S. farm exports and processing margins, Chief Executive Officer Soren Schroder said on Thursday, as the global grain trader reported a lower-than-expected quarterly profit. Demand for U.S. grain has declined as strength in the U.S. dollar and massive global supplies have increased...

  • DENVER _ Summit Materials Inc. on Thursday reported fourth-quarter earnings of $23.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Summit Materials shares have decreased 25 percent since the beginning of the year.

  • TORONTO, Feb 11- Canada's main stock index fell 1 percent on Thursday, hitting a three-week low as a string of disappointing corporate earnings reports added to broad investor unease about the global economy. Telus Corp declined 3.4 percent to C $38.49 after the telecom company reported a fall in quarterly profit, hurt by increased competition and weaker...

  • The Plymouth, Minnesota- based company also reported fourth-quarter profit that fell less than expected, and announced a $75 million share repurchase program. Its shares jumped nearly 5 percent in early trading on the New York Stock Exchange. Falling currency values against the U.S. dollar have lowered production costs 17 percent in Canada, where Mosaic's...

  • How Twitter plans to grow its revenue

    Twitter COO Adam Bain discusses Twitter's business model and plans for growth.

  • LONDON, Feb 11- Drugmaker Shire reported better-than-expected profit in the last quarter of 2015, a period when management could have been distracted by buying rare disease specialist Dyax and the final stages of its $32 billion pursuit of Baxalta International. Shares in the London- listed company reversed early losses on Thursday to trade up 0.7 percent at...

  • LAS VEGAS _ Pinnacle Entertainment Inc. on Thursday reported a fourth-quarter loss of $13.9 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Pinnacle Entertainment shares have dropped 12 percent since the beginning of the...

  • BRUSSELS _ Wabco Holdings Inc. on Thursday reported fourth-quarter earnings of $98.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. Wabco expects full-year earnings in the range of $5.30 to $5.80 per share.

  • SUNNYVALE, Calif. _ Adesto Technologies Corp. on Thursday reported a loss of $3.3 million in its fourth quarter. For the current quarter ending in April, Adesto Tech said it expects revenue in the range of $11.8 million to $12 million. Adesto Tech shares have fallen 21 percent since the beginning of the year.

  • LOS ANGELES _ VCA Inc. on Thursday reported fourth-quarter earnings of $63.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Five analysts surveyed by Zacks expected $530.3 million.

  • HAMILTON, Bermuda _ Textainer Group Holdings Ltd. on Thursday reported fourth-quarter profit of $21.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Textainer shares have dropped 36 percent since the beginning of the year.

  • MIGDAL HAEMEK, Israel _ Camtek Ltd. on Thursday reported a fourth-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Migdal Haemek, Israel- based company said it had a loss of 34 cents. For the current quarter ending in April, Camtek said it expects revenue in the range of $24 million to $25 million.

  • *4th- qtr revenue $18.59 bln vs est $18.51 bln. Feb 11- PepsiCo Inc reported better-than-expected quarterly net revenue on Thursday as higher sales of snacks and non-fizzy beverages such as Gatorade in North America helped reduce the impact of a strong dollar. PepsiCo increased its annual dividend to $3.01 per share from $2.81 and said it would return about $7...

  • ELMIRA, N.Y. _ Hardinge Inc. on Thursday reported fourth-quarter profit of $2.8 million. On a per-share basis, the Elmira, New York- based company said it had profit of 21 cents. Hardinge shares have decreased 14 percent since the beginning of the year.

  • HOLMDEL, N.J. _ Vonage Holdings Corp. on Thursday reported fourth-quarter earnings of $3.4 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. Vonage expects full-year revenue in the range of $905 million to $920 million.

  • BURNABY, British Columbia _ Telus Corp. on Thursday reported fourth-quarter profit of $195.5 million. Telus expects full-year earnings to be $1.80 to $1.92 per share, with revenue in the range of $9.55 billion to $9.65 billion. Telus shares have climbed 3.5 percent since the beginning of the year.

  • BALA CYNWYD, Pa. _ Entercom Communications Corp. on Thursday reported fourth-quarter net income of $14.1 million. On a per-share basis, the Bala Cynwyd, Pennsylvania- based company said it had profit of 34 cents. Entercom Communications shares have declined 16 percent since the beginning of the year.

  • ATLANTA _ AGL Resources Inc. on Thursday reported fourth-quarter profit of $107 million. The Atlanta- based company said it had net income of 89 cents per share. AGL Resources shares have climbed 1.5 percent since the beginning of the year, while the Standard& Poor's 500 index has declined slightly more than 9 percent.