Experian FY19 Pre-tax Profit Up 1%; Hikes Dividend – Quick Facts

Experian plc. (EXPN.L), a global information services company, reported that its profit before tax for the year ended 31 March 2019 increased 1 percent to US$ 957 million from a restated US$ 950 million in the previous year, despite an increase in net finance costs of US$ 99 million.
RTT – Earnings

BEST DEAL UPDATE:

United Internet Q1 EBITDA Rises; Backs FY19 Outlook – Quick Facts

Europe’s internet provider, United Internet AG (UDIRF.PK), Wednesday reported that its earnings before interest and taxes or EBIT for the first quarter declined 1 percent to 181.1 million euros from 182.9 million euros in the year-ago period, and were virtually unaffected by IFRS 16 accounting.
RTT – Earnings

BEST DEAL UPDATE:

BMW Q1 Net Profit Plunges, Backs Weak Profit View For FY19; Stock Down

Shares of BMW AG were losing around 1 percent in the morning trading in Germany after the luxury carmaker reported Tuesday sharply lower profit in its first quarter, hurt by a hefty provision related to ongoing antitrust proceedings, as well as slightly lower revenues. Going ahead for fiscal 2019, the company continues to expect Group profit before tax to be well below the previous year.
RTT – Top Story

BEST DEAL UPDATE:

Federal Signal Raises Low End Of Prior FY19 Adj. EPS Outlook Range

While reporting financial results for the first quarter on Thursday, Federal Signal Corp. (FSS) raised the low end of its adjusted earnings guidance range for the full year 2019, based on the better-than-expected performance in the first quarter and the strength of its backlog.
RTT – Earnings

BEST DEAL UPDATE:

PepsiCo Q1 Results Top Estimates, Reaffirms FY19 Outlook

Snack and beverage giant PepsiCo Inc. (PEP) on Wednesday reported an increase in net income for the first quarter, reflecting higher revenues. Both adjusted earnings per share and net revenues for the quarter beat analysts’ estimates. The company also reaffirmed its earnings and organic revenue growth outlook for the full-year 2019.
RTT – Earnings

BEST DEAL UPDATE:

Shaw Communications Says Remains On Track To Meet Its FY19 Guidance

Shaw Communications Inc. (SJR_B.TO, SJR, SJR_A.TO) confirmed Tuesday that it remains on track to meet its fiscal 2019 guidance, which includes consolidated operating income before restructuring costs and amortization growing 4 to 6 percent over fiscal 2018. The expected growth rate is based on adjusted fiscal 2018 results that include the impact of IFRS 15.
RTT – Earnings

BEST DEAL UPDATE:

FactSet Updates FY19 Expectations – Quick Facts

FactSet (FDS) updated its GAAP EPS and adjusted EPS outlook for fiscal 2019. GAAP EPS is now expected to be in the range of $ 8.70 and $ 8.85. Adjusted EPS is now expected to be in the range of $ 9.50 and $ 9.65. The mid-point of the guidance represents a 12% growth over the prior year. In December 2018, the company projected: GAAP EPS to be in the range of $ 8.70 and $ 8.90; and adjusted EPS in the range of $ 9.45 and $ 9.65.
RTT – Earnings

BEST DEAL UPDATE:

General Mills Now Expects FY19 Adj. EPS To Exceed Initial Targets – Quick Facts

General Mills (GIS) announced, for fiscal 2019, the company now expects constant-currency adjusted EPS to range between flat and up 1 percent from the base of $ 3.11 earned in fiscal 2018, which is ahead of the previous range of flat to down 3 percent. Constant-currency adjusted operating profit is expected to finish toward the upper end of the initial guidance range of 6 to 9 percent growth from the base of $ 2.6 billion reported in fiscal 2018.
RTT – Earnings

BEST DEAL UPDATE:

BMW Stock Dips On Weak FY18 Profit, Cautious FY19 Pre-tax Profit View

Shares of BMW Group declined around 5 percent in German trading after the auto giant reported Wednesday weak profit in its fiscal year 2018, despite a 0.1 percent growth in Automotive revenues with higher deliveries. Looking ahead for fiscal 2019, the company expects Group profit before tax will be well below the previous year’s level. BMW said it is confident of volume growth in Automotive unit.
RTT – Earnings

BEST DEAL UPDATE:

Dignity FY18 Profit Declines; Says FY19 Outlook Unchanged – Quick Facts

Dignity Plc. (DTY.L), a provider of funeral related services, reported that its preliminary profit attributable to equity shareholders for the 52 week period ended 28 December 2018 declined to 31.5 million pounds or 63.0 pence per share, from 57.8 million pounds or 115.6 pence per share last year.
RTT – Earnings

BEST DEAL UPDATE:

Inditex FY18 Profit Up, Lifts Dividend; Sees Higher FY19 LFL Sales; Stock Dips

Spanish fashion retailer Industria de Diseño Textil SA or Inditex reported Wednesday higher profit in its fiscal 2018 with increased net sales and like-for-like sales. The company also lifted its dividend. Meanwhile, Bloomberg reported that the owner of the Zara apparel chain reported the weakest earnings growth in five years. Inditex shares fell around 4 percent in the morning trading.
RTT – Earnings

BEST DEAL UPDATE:

Heineken FY18 Profit Down, Volume Up; Sees Profit Growth In FY19; Stock Up

Dutch brewer company Heineken NV (reported Wednesday weak net profit in its fiscal year 2018 on charges, while revenues were higher with improved beer volume. Looking ahead for fiscal 2019, the company anticipates adjusted operating profit to grow by mid-single digit on an organic basis. In Amsterdam, Heineken shares were gaining around 5 percent in the morning trading.
RTT – Earnings

BEST DEAL UPDATE:

TUI AG Now Expects FY19 Underlying EBITA Rebased To Be Broadly Stable With FY18

TUI AG (TUIFF.PK) announced the company now expects fiscal year 2019 underlying EBITA rebased at constant currency to be broadly stable compared with the record performance in fiscal 2018 of 1.18 billion euros. Consequently, TUI AG said it is not reiterating guidance of at least 10% CAGR in underlying EBITA at constant currency for the three years to fiscal 2020.
RTT – Earnings

BEST DEAL UPDATE:

Daimler Q4 Profit Down, Cuts Dividend; Sees Slight Growth In FY19; Stock Dips

Shares of Daimler AG were losing around 2 percent in the early morning trading in Germany after the automaker on Wednesday reported that its fourth-quarter profit halved, despite higher sales and unit volume. The company also trimmed its dividend. Looking ahead, for fiscal 2019, the company expects slight increase in Group EBIT, revenues and unit sales.
RTT – Top Story

BEST DEAL UPDATE:

Hannover Re Affirms Outlook For FY18 And FY19 – Quick Facts

German re-insurer Hannover Re AG (HVRRY.PK, HVRRF.PK) said Tuesday that against a backdrop of modestly improved conditions from an overall perspective, the company increased its premium volume in traditional property and casualty reinsurance by 15.4 percent on a currency-adjusted basis to 6.4 billion euros in the 1 January 2019 treaty renewals.
RTT – Earnings

BEST DEAL UPDATE:

Novartis Stock Dips As Q4 Profit Misses View; Plans Buyback; Sees Growth In FY19

Shares of Novartis AG (NVS) were losing around 2 percent in the early morning trading in Switzerland after the drug major reported weak profit in its fourth quarter, and core earnings were below market estimates. Net sales, however, increased and topped analysts’ view. Further, the company proposed higher dividend as well as up to 10 billion Swiss francs share repurchase program.
RTT – Earnings

BEST DEAL UPDATE:

AT&T Q4 Profit Matches Estimates, Revenue Up 15.2%; Reaffirms FY19 Guidance

AT&T Inc. (T) reported fourth-quarter net income attributable to company of $ 4.9 billion, or $ 0.66 per share, compared to $ 19.0 billion, or $ 3.08 per share, in the year-ago quarter which reflected the impact of the December 2017 federal Tax Cuts and Jobs Act. Adjusting for items, earnings per share was $ 0.86 compared to an adjusted $ 0.78 in the year-ago quarter, a 10% increase. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $ 0.86 for the quarter. Analysts’ estimates typically exclude special items.
RTT – Earnings

BEST DEAL UPDATE:

Tesla Expects FY19 Vehicle Deliveries To Rise Approx. 45% To 65%

Tesla, Inc. (TSLA) announced the company is expecting to deliver 360,000 to 400,000 vehicles in 2019, representing a growth of approximately 45% to 65% compared to 2018. In this range, the company expects positive GAAP net income and to generate positive free cash flow in every quarter beyond first quarter, 2019. The company said these results will be substantially driven by its restructuring action and the ongoing financial discipline. For 2019, Tesla projects full-year Model 3 volumes will grow substantially over 2018 due to a full year of high production rates at its Fremont facility.
RTT – Earnings

BEST DEAL UPDATE: