revenues

Second quarter 2023 earnings releases are complete, and the results were fascinating. One of the things that makes us skeptical about these quarterly reports is the forceful steering that companies apply to try to move estimates down. We generally lay out the earnings schedule weeks in...

On Tuesday, major U.S. banks released their second-quarter financial results, surpassing both earnings and revenue estimates provided by the Street. This positive outcome has reinforced market confidence in the strength and stability of the banking system. Let’s delve into how each major U.S...

Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd (OTC: HNHPF), operating as Foxconn, said the company is "cautiously positive" about the outlook for the fourth quarter. What Happened: The company said “the dynamics of inflation, the pandemic, and the...

Target Corporation's (NYSE: TGT) management said that the company hasn't "seen a large impact" from coronavirus disruption during its 2020 Financial Community Meeting, which was held online due to virus concerns. The company's original plan called for live meetings with investors and analysts in...

Ocean shipping and services company Singapore Shipping (SGX: S19) reported a decline in revenues, somewhat flat costs and a fall in profits in its half yearly results for the 2019-2020 financial year. The company's financial year runs from April to March. It reports in U.S. dollars and adopts the...

Pan Ocean reported $572.98 million of gross revenues in the third quarter of 2019, which was 17.0% lower than the corresponding period in 2018.  "Sales decreased by 12% compared with the third quarter of 2018 due to a decrease of nearly 5.5% in the volume of shipments and a decrease of sales of...

Manila, Philippines-headquartered global marine container terminal operator ICTSI (PSE: ICT) has reported increased container throughput and revenues in the third quarter of 2019 when compared to the same period last year. Net income marginally slipped into the red. On a nine-month basis, the...

Shipping terminal operator Westports (BM: 5246) of Port Klang, Malaysia, reported a year-on-year, 10% surge in third quarter revenues and a year-on-year 16% jump in profit before tax. A 12% jump in "Total comprehensive income for the period attributable to owners" was also reported. But stock...

Logistics provider LBC Express (PSE: LBC) of Manila, the Philippines, has reported a massive rise in revenues in the second quarter of 2019 but a big slump in net profit after tax. LBC's revenues rose 36 percent in the six months to the end of June 2019 to stand at 7.85 billion pesos (US$149.9...

Freight brokerage in the United States is mostly made up of small companies that have trouble scaling their businesses beyond certain revenue thresholds due to unstructured processes, under-utilization of technology, and ad-hoc recruiting and training. Highly concentrated customer bases and revenue...