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E.l.f. Beauty Raises 2026 Forecasts as Rhode Breaks Records and New Super Bowl Campaign Debuts
E.l.f. Beauty has lifted its full-year forecasts on the top and bottom lines after a better-than-expected third quarter. The beauty…
Tag
Forecasts
Business
Uber forecasts profit below estimates as cheaper rides boost trips but hurt margins
Uber Technologies forecast first-quarter profit below market expectations and missed fourth-quarter estimates on Wednesday (Feb 4), as…
Business
American Airlines forecasts upbeat 2026
American Airlines forecast its 2026 profit above Wall Street expectations on Tuesday (Jan 27) even as it flagged a hit of up to US$200…
Business
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said…
Business
Bank of Japan keeps rates steady, raises growth and inflation forecasts
The Bank of Japan kept interest rates steady on Friday and raised its economic and inflation forecasts, signalling its readiness to…
Business
Info-Tech Systems forecasts ‘considerable increase’ in consolidated net profit for FY2025
Software provider Info-Tech Systems expects to report a “considerable increase” in its consolidated net profit for FY2025, compared with…
Business
UK economy grew by 0.3% in November, beating forecasts
The UK economy grew by a faster-than-expected 0.3% in November after car production rebounded and the services sector got a boost.…
Business
UOBKH initiates coverage on NTT DC Reit with ‘buy’, forecasts 41% upside
The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy NTT DC Reit has the highest distribution yield…
Business
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting…
Business
Pandora Shares Fall 11% as It Forecasts Lower-than-expected 2025 Growth
LONDON — Danish jewelry giant Pandora said Friday it expects 6 percent sales growth for 2025, slightly lower than its prior guidance of 7…
Business
Micron forecasts blowout earnings on booming AI market, shares rise 5.7%
MICRON Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected on Wednesday, buoyed by…
Business
S&P Global shifts Genting companies’ outlook to negative on weaker credit quality forecasts
Group capital expenditure could double in 2026, with earnings ‘unlikely’ to keep pace S&P Global Ratings revised its outlook for the…
Business
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast…
Business
Ford scales back EV ambitions, forecasts US$19.5 billion write-down
The company will focus on a family of smaller, affordable electric vehicles instead FORD on Monday announced a major retreat from large…
Business
Broadcom forecasts upbeat quarterly revenue on AI chip demand
The company reported revenue of US$18.02 billion for the fourth quarter ended Nov 2, above analysts’ average estimates BROADCOM on…
Business
Hewlett Packard forecasts weak quarterly revenue, shares fall
Analysts expect macroeconomic weakness to continue to pressure the compute, storage and networking sectors Hewlett Packard Enterprise…
Business
UK economy growth forecasts lowered from next year
The UK economy is expected to grow at a slower rate than previously expected from next year, the government's official forecaster has…
Business
Dell forecasts upbeat growth targets on strength in AI server sales
DELL forecast fourth-quarter revenue and profit above Wall Street estimates on Tuesday, as increasing investments in data centres to…
Business
Nvidia forecasts stronger-than-expected fourth-quarter revenue
Nvidia forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on booming demand for its AI chips from cloud…
Business
Japan’s megabanks lift profit forecasts to record highs, step up buybacks
The banks’ strong Q2 earnings demonstrate their success in weathering uncertain global economic conditions Japan’s largest banks raised…
Business
Olaplex Q3 Sales Dip 3.8%, Surpass Forecasts; CEO Highlights Progress on Transformation Goals
Olaplex sales dipped in the third quarter, but surpassed Wall Street sales forecasts. Net sales decreased 3.8 percent to $114.6 million…
Business
Asia: Markets bounce from selloff as US jobs beat forecasts
ASIAN markets rose on Thursday to claw back some of the previous day’s hefty losses as investors tracked a bounce on Wall Street sparked…
Business
US: S&P 500, Nasdaq opens higher as Apple, Amazon forecasts lift mood
The S&P 500 and the Nasdaq opened higher on Friday (Oct 31) after upbeat forecasts from Apple and Amazon helped calm nerves, a day after…
Business
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China. Apple…