Profit
Coverage of Profit in the Nexus archive.
- ABN Amro Beats on Profit, Boosts Key Revenue Source Outlook
ABN Amro Bank NV reported quarterly profit that surpassed analysts' estimates. This positive performance was attributed to increased fees and growth in lending income, prompting the Dutch bank to raise its outlook for a key revenue source.
- Nintendo's fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump
Nintendo reported its fiscal first-quarter earnings on Thursday. The company's profit and revenue beat estimates for the quarter, a success recorded despite a noted slump in Switch 2 sales.
- SoftBank posts profit beat boosted by stakes in Intel and TikTok-owner ByteDance
SoftBank reported its profit for the fiscal first quarter, resulting in a beat against market expectations. This positive financial outcome was noted as being boosted by stakes held in Intel and TikTok-owner ByteDance.
- East African Breweries Profit Grows Fastest in Four Years
East African Breweries Plc reported that its annual profit achieved the fastest growth rate in four years. This strong performance occurred despite accelerating inflation within its home market, Kenya, which has eroded spending power.
- Uber profit narrowly beat forecasts as trips across its platform surge
Uber's second-quarter profit narrowly exceeded Wall Street forecasts as increased passenger trips and deliveries drove revenue growth. However, the company's shares fell early Wednesday despite the earnings beat.
- Toyota's profit nearly doubled last quarter — but its stock sank anyway
Toyota's profit nearly doubled in the second quarter, reaching 1.48 trillion yen, and the company raised its full-year revenue forecast to 54 trillion yen. However, Toyota's stock price declined despite the positive financial results.
- Japan’s Toyota reports hefty profit on cheap yen and solid car sales
Toyota reported nearly doubled profit for the fiscal first quarter, driven by strong demand in the U.S. and India, as well as a favorable exchange rate.
- Marriott's pipeline hit a record 629,000 rooms and Q2 profit rose to $844 million
Marriott reported a record 629,000 rooms in its pipeline and Q2 profit of $844 million. The company raised its 2026 global RevPAR growth target to 3%–3.5% but its third-quarter profit outlook fell short of Wall Street estimates.
- Aradel’s half-year profit grows far less than revenue as galloping costs bite
Aradel's half-year after-tax profit increased to ₦191 billion from ₦146.4 billion, but revenue growth outpaced profit as rising costs reduced earnings. The company experienced sharp turnover growth, but profits were lower than expected due to increasing expenses.
- Qualcomm's profit slid as higher costs squeezed margins and Apple chip revenue shrank faster than expected
Qualcomm's profit slid as higher costs squeezed margins and Apple chip revenue shrank faster than expected. The company plans to raise prices starting September 1 to offset industry-wide cost increases, while its current quarter outlook came in below analyst expectations.
- ADNOC Drilling CEO: Setting New Industry Benchmarks
ADNOC Drilling reported second-quarter profits of $357.1 million, a 1.7% year-over-year increase, with revenue growth of 2.9%. CEO Abdulla Ateya Al Messabi discussed the results and future plans with Bloomberg’s Abeer Abu Omar.
- SK Hynix second-quarter profit surges 557% to a new high — but misses estimates
SK Hynix's second-quarter profit surged 557% to a new high but failed to meet estimates. The company announced its Q2 earnings on Wednesday.
- Gruma Second Quarter Profit Falls 12% on US Weakness
Gruma's second-quarter net income fell 12% year-on-year due to weaker US demand and higher costs at Mission Foods, despite a 5% increase in net sales to US$1.62 billion driven by international strength. The company is the world's largest tortilla and corn-flour maker.
- WEG Profit Dips Just 2.1%, Stock Jumps on Margins
WEG's second-quarter profit declined by 2.1%, better than the anticipated 8% drop, leading to a stock surge due to firm margins.
- Netflix posts higher Q2 results but shares drop due to lukewarm forecast
Netflix reported higher second-quarter profits driven by new membership signups and price increases, but its shares declined due to a lukewarm forecast.
- IBM’s stock dives toward worst day in nearly 40 years after the surprise release of an earnings miss
IBM's stock plunges toward its worst day in nearly 40 years following a surprise earnings miss. Preliminary reports show profit and revenue significantly below expectations.
- Delta reports record revenue and a profit beat, even as fuel costs surge
Delta Air Lines reported record revenue and a profit beat despite the highest quarterly fuel expense in its history. The company's stock was set to gain even though profit fell but exceeded expectations.
- China’s Trip.com faces revenue slowdown, warns of ‘significant fine’ from antitrust probe
Trip.com Group, China’s largest online travel agency, expects second-quarter revenue growth to be the slowest in over three years and warns of a significant fine from an antitrust probe by the country’s top market regulator. First-quarter revenue rose 17% to 16.2 billion yuan, but second-quarter growth is forecast at 3-8%, with a profit decline in the March quarter.
- DTE asks for $474M rate hike while not paying federal income tax for over a decade
DTE is requesting a $474M rate hike despite being a legal monopoly that has not paid federal income tax for over a decade and has generated billions in profit.
- Goldman Sachs CEO David Solomon on Running a Bank in the Age of AI
David Solomon, chief executive officer of Goldman Sachs Group Inc., stated during an Economic Club of New York event that the equity market boom is driven by profit appetite outweighing concerns about economic disruption and inflation risks.
- What the Pope Said About A.I.
Pope Leo XIV's encyclical 'Magnifica Humanitas' emphasizes prioritizing moral concerns over profit, competitive advantage, and efficiency in artificial intelligence discussions. The document calls for ethical considerations to guide AI development.
- Pope calls for robust regulation of AI in manifesto
Pope Leo XIV has called for robust regulation of artificial intelligence and urged developers to prioritize the common good over profit. The Pope's statement emphasizes ethical AI development and governance.
- Labour have killed buy-to-let - but you can still make HUGE profits renting out a holiday home. TOBY WALNE'S step-by-step guide to the best areas, how much to charge - and the simple feature guests pay 40% more for
The article discusses how Labour's policies have negatively impacted the buy-to-let market but highlights potential for significant profits in holiday home rentals. It features Toby Walne's guide on optimal locations, pricing strategies, and a specific feature that commands 40% higher guest payments.
- South Africa Gains Lift Investec Profit, Dividend to Record
Investec has reported record profit and dividend gains, with South Africa operations contributing significantly to the positive results. The company has achieved milestone financial performance driven by improved market conditions and operational performance in its South African division.
- AIG Profit Jumps as CEO Zaffino’s Strategic Deals Take Effect
AIG's profit significantly increased due to strategic deals implemented by CEO Michael Zaffino. The company's financial performance improved under Zaffino's leadership.
- UPS Outlook Unchanged as Sales, Profit Top Expectations
UPS reported sales and profit that exceeded expectations, though its outlook remains unchanged. The company's performance highlights strong financial results despite no shift in future projections.
- I'm a professional wine investor... these are the bottles I'd buy now that will make you money - and some cost as little as £40
A professional wine investor recommends specific wine bottles with high profit potential, including options as affordable as £40. The article highlights opportunities in the wine market for investors seeking returns.
- Hyundai Accelerates US Output to Lighten Profit Hit From Tariffs
Hyundai is increasing its US production at the Metaplant in Ellabell, Georgia to offset the negative impact of tariffs on its profits. The move aims to mitigate financial losses caused by trade barriers.
- Just Racked up 256% profit
An investor reported a 256% profit after investing in 'Yung N Hung' (YNHG) using 0.10 Solana coins. The user expressed enthusiasm about the stock's performance and recommended it, noting a significant return overnight.
- Finally in the green!
A Reddit user reports fluctuating investment gains and losses after using dollar-cost averaging (DCA) for months, currently at a small profit of £10. They reflect on past success and regret not holding investments longer, while asking others about their financial status.
- Alstom Scraps Finance Targets as Rail Delays Hit Profit
Alstom has scrapped its financial targets due to rail project delays impacting profits. The company's train assembly operations in Aytre, France, are highlighted in the article.
- We gave an AI a 3 year retail lease and asked it to make a profit
A company tested an AI system by granting it a 3-year retail lease with the goal of generating profit, exploring AI's potential in business operations. The experiment aims to assess whether AI can manage a retail venture effectively.