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Torrid Tuesday Earnings Summary: Here Are The Top Quarterly Report Highlights

by Tyler Durden Tuesday, Apr 27, 2021 - 08:31 AM While we wait for the day s main earning highlight, Q1 reports from Microsoft and Google both due after the close, it s been a busy morning with some of the most prominent companies reporting earnings in the premarket. Below we summarize some of the biggest market movers: United Parcel Service (UPS): Adj. EPS 2.77 (exp. 1.72), Revenue 22.9bn (exp. 20.49bln). UPS soared 8.1% in premarket trading after reporting stellar results including adjusted earnings per share for the first quarter that beat the average analyst estimate. Details: Revenue $22.91 billion, +27% y/y, estimate $20.60 billion U.S. package revenue $14.01 billion, +22% y/y, estimate $12.86 billion

Gordon haskettAsia pacificJohn inchPratt and whitneyRenewable energyUnited parcel serviceCollins aerospace systemsParcel serviceAnalyst dayFactoring programs effective aprIndustrial cfoa impactRev growingGeneral electricWall streetBloomberg consensusAerospace systems

This is why you should book profit in JSW Steel stock - The Hindu BusinessLine

This is why you should book profit in JSW Steel stock Valuation takes sheen off the stock, even as the outlook remains strong for steel players The stock of JSW Steel has more than quadrupled since its lows in April 2020. The buoyancy in the stock performance is on account of favourable global conditions resulting from capacity cut by Chinese steel plants, increasing demand for the metal globally and domestically, and loose monetary policy measures across the globe that are expected to increase the infrastructure spending. JSW Steel’s consolidated operating profit in the third quarter of FY21 was about ₹5,946 crore, the highest-ever for the company. This was a sharp turnaround from the performance in Q2 FY20 which saw the EBITDA at just ₹2,451 crore. The net profit for the period went up by a whopping 67 per cent y-o-y to ₹2,669 crore.

Supreme courtBhushan powerBloomberg consensusPiombino steelEnforcement directorateMoney laundering actஉச்ச நீதிமன்றம்பூஷன் பவர்ப்ளூம்பெர்க் ஒருமித்த கருத்துஅமலாக்கம் இயக்குநரகம்பணம் சலவை நாடகம்

Analysts Significantly Bump Oil Price Forecast

Analysts at Fitch Solutions Country Risk & Industry Research made a 'significant upward revision' to their oil price forecast this month.

Saudi arabiaFitch solutionsFitch solutions country riskIndustry researchBloomberg consensusOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps picturesசவுதி அரேபியாஃபிட்ச் தீர்வுகள்ஃபிட்ச் தீர்வுகள் நாடு ஆபத்துதொழில் ஆராய்ச்சிப்ளூம்பெர்க் ஒருமித்த கருத்துஎண்ணெய் மற்றும் வாயு பெட்ரோலியம் செய்தி நிகழ்வுகள் கதைகள் கட்டுரைகள் பகுப்பாய்வு வர்ணனை தலைப்புச் செய்திகள் ஸ்டாக்ஸ் நிதி பொருட்கள் வரைபடங்கள் படங்கள்

Exxon defends dividend after posting first annual loss in decades

Exxon Mobil Corp. pledged to safeguard its mammoth dividend after posting its first annual loss in at least 40 years, a show of defiance by an oil driller besieged by activist investors, lawmakers and climate-change campaigners. Exxon assured investors of its financial health in a world of $50-a-barrel oil and promised that if crude were to dip to $45 it would sacrifice spending in the name of dividends. The Western world’s largest oil explorer has so far avoided the sort of payout cuts adopted by rivals Royal Dutch Shell Plc and BP Plc. The dividend pledge comes on the heels of a $19.3-billion writedown of U.S. natural gas and other assets, and the lowest production since the 1999 Mobil Corp. merger. Cash flow from operations – a key gauge of corporate strength – shrank by almost 9% during the final three months of 2020 to $4 billion. Investors looked past all that and boosted the stock by 1.5% to $45.60 at 8:26 a.m. in New York.

New yorkUnited statesLaura hurstExxon mobil corpBp plcMobil corpRoyal dutch shell plcChevron corpExecutive officer darren woodsBloomberg consensusWall street journalPermian basinWall streetCalifornia state teacher retirement systemபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்

Exxon posts first annual loss in 40 years on huge writedown

Exxon posts first annual loss in 40 years on huge writedown
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Bloomberg consensusDarren woodsWall street journalPermian basinWall streetப்ளூம்பெர்க் ஒருமித்த கருத்துடேரன் வூட்ஸ்சுவர் தெரு இதழ்பெர்மியன் பேசின்சுவர் தெரு