ATHENS, Greece _ StealthGas Inc. on Tuesday reported first-quarter net income of $5.8 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. StealthGas shares have risen 4 percent since the beginning of the year.
MISSISSAUGA, Ontario _ CAE Inc. on Tuesday reported fiscal fourth-quarter profit of $51.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Three analysts surveyed by Zacks expected $508.5 million.
Some of the names on the move ahead of the open.
MEMPHIS, Tenn. _ AutoZone Inc. on Tuesday reported fiscal third-quarter net income of $309.1 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $9.50 per share. AutoZone shares have risen 11 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 3 percent.
YAHUD, Israel _ Magal Security Systems Ltd. on Tuesday reported a loss of $450,000 in its first quarter. The Yahud, Israel- based company said it had a loss of 3 cents per share. Keywords: Magal Security, Earnings Report.
Ryanair has posted a 66 percent increase in full year profit. Mark Simpson, aviation analyst at Goodbody, evaluates its earnings.
DUBLIN— Europe's leading budget airline Ryanair has beaten forecasts again, reporting full-year net profits of 867 million euros, 66 percent higher than the year before. Ryanair unveiled a target for the fiscal year 2016 of between 940 million euros and 970 million euros. Many analysts said they expected Ryanair to beat that forecast, potentially breaching...
Neil Sorahan, CFO of Ryanair, says the Gulf carriers have "mopped up" all of the long-haul aircraft available and the Irish company would not be offering those flights soon.
Neil Sorahan, CFO of Ryanair, says the Twitter exchanges between the airline and rival Aer Lingus is "good banter between neighbors". Sorahan also says the company has not received an offer by IAG to take over Aer Lingus. Ryanair owns a 30 percent stake in Aer Lingus.
After posting a 66 percent rise in net income for the full year ending in March, Neil Sorahan, CFO of Ryanair, discusses the outlook for the next year.
Simon Cooper, managing director for Asia Pacific at Marriott International, says occupancy rates in Macau are unaffected by the fall in gaming revenues hence the decision to open the 1,000-room JW Marriott.
JOHANNESBURG, May 25- Illovo Sugar Ltd and Tongaat Hullett, Africa's two biggest producers of the sweetener, reported weaker full-year profits on Monday, blaming softer global prices and lower output, sending their shares sliding. Lower export prices to key regions such as the European Union were worsened by the weakening of the euro and the Brazilian real as...
Profits of state firms climbed 7.3 percent in the January-April period from year ago, after adjusting for a sharper fall in earnings of three oil majors- China National Petroleum Corp, Sinopec Group and China National Offshore Oil Corp, it said. When the country's three oil majors- China National Petroleum Corp, Sinopec Group and China National Offshore Oil Corp-...
CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. The Memorial Day weekend is a big weekend for car sales. The Code conference begins. And luxury earnings are on tap.
NEW YORK— The stock market capped a quiet week of trading on a down note. Just 2.5 billion shares changed hands on the New York Stock Exchange, three-quarters of the normal level. Among stocks making big gains, Deere& Co. rose $3.89, or 4.3 percent, to $93.35 after the equipment maker beat analysts' estimates for its latest quarterly earnings.
ATLANTIC CITY, N.J.— As four Atlantic City casinos shut down last year, those that remained voiced optimism that their own performance would improve. Figures released Friday by the state Division of Gaming Enforcement show the surviving eight casinos saw their gross operating profits rise by 26 percent in the first quarter of this year. "Gaming revenue is up,...
*Q3 adjusted profit $0.62/ share vs estimate of $0.52. May 22- Packaged foods maker Campbell Soup Co on Friday reported an unexpectedly better quarterly profit, helped by lower spending on promotions, higher prices for its products and cost cuts. Shares of the company, known for its soups, Pepperidge Farm cookies and Goldfish crackers, rose about 1.5 percent.
CHICAGO, May 22- Deere& Co on Friday reported a higher-than-expected quarterly profit and raised its full-year outlook after cost cuts helped compensate for weakening demand for its farm equipment. "We are pleased to see Deere management proactively attacking costs... amid the agriculture downturn," Edward Jones equity analyst Matt Arnold wrote in a note for...
CNBC's Jim Cramer discusses Gap's most recent earnings report and why he is demoralized by the company's weak guidance.
Meg Whitman, Hewlett-Packard CEO, explains why she is convinced, now more than ever, separating HP is great for consumers, employees and shareholders.