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Tag: revenues
JetBlue: $37 Fair Value Heading Into Earnings, But Revenues Should Miss
2015-07-24 08:49:26| Airlines - Topix.net
While we believe shares of JetBlue are undervalued, we also affirm that YoY declines in average airline fare will force a miss on topline estimates. - Despite this projected revenue miss, our DCF model yields a fair value of $37 per share for JetBlue.
Tags: should
miss
fair
heading
Daily Mail hit by lower ad revenues
2015-07-23 09:36:27| BBC News | Business | UK Edition
The publisher of the Daily Mail has lowered its profits guidance after continued falls in print advertising revenues.
Apple quarterly revenues up 33%, ships 35% more iPhones
2015-07-21 23:57:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues for its fiscal third quarter to June up 33 percent year-on-year to USD 49.6 billion, better than the company's forecast. Apple's net profit was also up sharply, to USD 10.7 billion or USD 1.85 per share compared to USD 7.7 billion or USD 1.28 per share in the year-ago quarter. The growth was fueled by continued strong sales of the iPhone, which sold 47.53 million units and generated revenue of USD 31.4 billion. Unit sales were up 35 percent from a year earlier but down 22 percent from fiscal Q2. Apple did not release any figures for its new smartwatch, grouping it with other products such as Apple TV, Beats accessories and the iPod, which together generated USD 2.5 billion in revenue in the quarter. CEO Tim Cook said Apple saw a "great start" for Apple Watch in the quarter, while also setting a new record for revenues from services in the period. For its fiscal fourth quarter, Apple forecast revenues of USD 49-51 billion and a gross margin of 38-39.5 percent, down slightly from 39.7 percent in the previous quarter.
Tags: more
ships
apple
quarterly
Royal Mail reports flat revenues
2015-07-21 09:02:42| BBC News | Business | UK Edition
Royal Mail reports flat revenues in the three months to the end of June as UK letter volumes continue to decline.
Huawei reports H1 revenues up 30%
2015-07-20 08:42:00| Telecompaper Headlines
(Telecompaper) Huawei Technologies reported first-half revenues up 30 percent year-on-year to CNY 175.9 billion. The company's operating margin reached 18 percent for the period, supported by "stable and healthy growth in all of its three business segments," according to CFO Meng Wanzhou. Huawei said growth started to pick-up at its enterprise division in the first half, and its consumer business benefited from its growing range of mid-range and high-end smartphones, especially the Mate7 and P8. In its main network equipment business, the company benefited from the continued expansion of 4G networks in its home market China, the migration to SDN and NFV as well as network capacity deals in other countries to support the demand for mobile data. The company did not provide further details on the half-year results.
Tags: up
reports
revenues
huawei
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