Keywords: Quarterly earnings


KBC reports lower-than-expected profit amid geopolitical uncertainty

KBC Group reported first-quarter earnings below market expectations as the Belgian financial institution increased its reserves to protect against growing geopolitical risks linked to tensions in the Middle East. The banking group announced a quarterly net profit of 557 million euros, a figure slightly......

Titan misses profit expectations despite strong jewellery demand in India

Indian jewellery giant Titan Company Limited reported quarterly earnings below market expectations as rising operational costs and higher gold prices weighed on profitability despite continued consumer demand. The company, which owns well-known jewellery brands such as Tanishq and CaratLane, announced......

Apple R&D spending tops 10 percent of revenue for first time as iPhone drives record quarter

Apple reported its strongest March quarter on record on April 30, posting revenue of 111.2 billion dollars and earnings per share of 2.01 dollars, surpassing Wall Street expectations of 109.66 billion dollars in revenue and 1.94 dollars per share. The results were driven by a 21.7 percent surge in iPhone......

Canada’s Loblaw misses first-quarter revenue forecasts amid cautious consumer spending

Canadian retail giant Loblaw Companies reported weaker-than-expected first-quarter revenue on Wednesday, missing analysts’ forecasts as consumers reduced spending amid growing economic uncertainty. Revenue falls short of expectations The company posted quarterly revenue of C$14.48 billion (approximately......

Canadian banks poised for solid quarterly earnings as valuation concerns mount

Canada’s largest lenders are widely expected to deliver another quarter of solid financial results, buoyed by strong performances in capital markets and wealth management. However, analysts caution that slowing loan growth and signs of consumer strain could temper investor enthusiasm, particularly......

Nvidia's remarkable quarter challenged by investor skepticism amid AI bubble fears

Nvidia  CEO Jensen Huang expressed frustration over the lukewarm market reaction to the company’s record-breaking third-quarter earnings, which reported $57 billion in revenue, up 62% from the previous year. Despite surpassing Wall Street expectations, including a forecasted $65 billion......