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Tag: profit slips
Genuine Parts profit slips to miss estimates
2015-07-20 23:09:22| Automakers - Topix.net
Genuine Parts Co. said second-quarter profit slipped as the automotive-replacement parts distributor's sales fell in its two largest businesses.
Tags: parts
miss
profit
estimates
Genuine Parts profit slips to miss estimates
2015-07-20 19:54:29| Auto Parts - Topix.net
Genuine Parts Co. said second-quarter profit slipped as the automotive-replacement parts distributor's sales fell in its two largest businesses.
Tags: parts
miss
profit
estimates
Samsung Q1 profit slips despite higher smartphone shipments
2015-04-29 09:12:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics said revenues for the first quarter fell to KRW 47.12 trillion from 53.68 trillion the year before, with the operating profit sliding to KRW 18.16 trillion from 21.63 trillion and the net profit going lower to KRW 4.63 trillion from 7.57 trillion. Revenues went down to KRW 10.26 trillion from 11.32 trillion for Consumer Electronics (CE) and to KRW 25.89 trillion from 32.44 trillion at IT & mobile communications (IM). At Display Panel (DS), revenues lifted to KRW 17.10 trillion from 15.56 trillion. Samsung said smartphone shipments increased quarter-on-quarter, led by mid to low end products although its average selling price (ASP) declined. Network revenue declined from Q4 due to decreased investment in LTE network by overseas carriers. Looking forward, Samsung expects smartphone and tablet demand to stagnate in the second quarter due to continued weak seasonality. Profit should improve on the back of increased high-end sales, although marketing expenses will also increase. For the full year, product and marketing competition will increase amid a slowdoan of smartphone growth. Samsung added that demand might weaken due to negative forex effects.
Tags: higher
samsung
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Deere profit slips, but tops Street 1Q forecasts
2015-02-20 14:14:26| Industrial Machines - Topix.net
Deere's first-quarter profit declined, hampered by softer demand for agricultural machinery. Its performance topped analysts' expectations, but its 2015 guidance appeared to disappoint.
Tags: street
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forecasts
Japan's SoftBank third quarter profit slips 5.9 percent, no end to Sprint costs
2015-02-10 08:58:59| IT Services - Topix.net
Japan's SoftBank Corp said on Tuesday its third-quarter operating profit slid 5.9 percent, missing estimates, as the ambitious mobile telecom firm continues to soak up the cost of trying to turn around loss-making U.S. unit Sprint Corp. SoftBank, which took over the number 3 U.S. carrier for more than $20 billion in 2012, said October-December operating profit was 191.39 billion yen , down from 203.46 billion yen a year ago. That trailed the 219.08 billion yen average of five analysts' estimates compiled by Thomson Reuters StarMine.