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Continental Raises 2019 Cash Flow Outlook On Higher Oil Prices

2019-04-30 19:30:51| OGI

Top Bakken producer Continental Resources Inc. nearly doubled its 2019 outlook for free cash flow to $1 billion on April 30, citing an uptick in oil prices.

Tags: prices higher cash flow

 

Verizon raises FY outlook for adjusted EPS growth as cost savings boost bottom line

2019-04-23 14:00:00| Telecompaper Headlines

(Telecompaper) Verizon saw its wireless service revenue growth strengthen to 4.4 percent in the first quarter, helped by customers migrating to higher price plans, strong customer growth in Q4 and more lines per account. Customer growth was seasonally weak, with 61,000 retail net postpaid additions and 44,000 phone net losses. The US operator's bottom line still improved, helped by its ongoing voluntary redundancy programme and other cost-cutting efforts, with EPS up to USD 1.22 from USD 1.11 a year earlier. The company now expects growth in underlying EPS over the full year.

Tags: line cost bottom growth

 
 

Tele2 raises FY outlook again as Q3 sales grow 9%

2018-10-18 08:59:00| Telecompaper Headlines

(Telecompaper) Tele2 has again upgraded its full-year outlook again, after a strong set of third-quarter results. Revenue rose 7 percent to SEK 6.538 billion, led by growth in Kazakhstan and Croatia and a return to mobile service growth in Sweden. Adjusted EBITDA was up a stronger 12 percent to SEK 1.984 billion, as the impact of EU roaming price cuts lessened. 

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Fed Raises Rates; Officials Lift Outlook to Four 2018 Hikes

2018-06-14 00:28:24| National Real Estate Investor

The Federal Open Market Committee indicated that even though its stepping up the pace of interest-rate hikes, economic growth should continue apace.

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Telenet raises outlook amid 2.3% higher revenues in Q4

2018-02-13 09:27:00| Telecompaper Headlines

(Telecompaper) Belgian operator Telenet said revenues for the fourth quarter rose 2.3 percent from the year earlier to EUR 644 million. The adjusted EBITDA advanced 6.9 percent to EUR 299 million while the net profit went up to EUR 7.5 million, from breakeven. As a result, Telenet lifted its adjusted EBITDA CAGR for 2015-2018, saying it now sees growth at 6-7 percent instead of 5-7 percent. For the full year, the operator is guiding for adjusted EBITDA growth of 7.8 percent, and capex at 26 percent of revenue, with free cash flow of EUR 400-420 million.

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