The expected significant decline in reported earnings comes as Blu Label continues to account for the complex restructuring of Cell C. (Image source: iStock) Blu Label Unlimited expects earnings per share (EPS), headline earnings per share (HEPS) and core HEPS to fall by more than 20% for the year ended 31 May, as accounting effects…
Blu Label co-CEOs, brothers Brett and Mark Levy Blu Label Unlimited Group, previously Blue Label Telecoms, expects headline earnings per share for the year to 31 May 2026 to fall by more than 80%, and to report a loss at the earnings per share level, as the accounting consequences of Cell C’s separation and listing…
MTN Group expects underlying earnings to rise as much as 23% in the first half of 2026, even as a writedown on its Iranian business and currency losses cut reported profit. Africa’s largest mobile operator forecast adjusted headline earnings per share of 775 cents to 808 cents, up 18% to 23% from 657 cents a…
CoreWeave CEO Michael Intrator appears after the company’s initial public offering at the Nasdaq MarketSite in New York on March 28, 2025. Michael Nagle | Bloomberg | Getty Images CoreWeave shares jumped 14% in extended trading on Tuesday after the AI infrastructure provider reported revenue than topped Wall Street expectations. Here’s how the company did…
India Prime Minister Narendra Modi, left, with OpenAI CEO Sam Altman, center, and Anthropic CEO Dario Amodei at the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images Tech companies’ venture capital portfolios are making corporate profits look a lot stronger than they really are. Microsoft, Amazon…
Coca-Cola on Tuesday reported quarterly earnings and revenue that topped Wall Street’s estimates, fueled by higher demand for its drinks. The company also hiked its full-year forecast. Coke is now projecting comparable earnings per share growth of 9% to 10%, up from its prior forecast of 8% to 9%. It also expects organic revenue to…
Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock rose about 4% in extended trading. Here’s how the chipmaker did versus LSEG consensus estimates Earnings per share: 42 cents, adjusted, versus 21 cents expected Revenue: $16.1 billion, versus…
DETROIT — General Motors raised several key 2026 earnings forecasts Tuesday after beating Wall Street’s second-quarter expectations as the company’s North American operations continue to drive its results. The Detroit automaker attributed its guidance change to consistent vehicle transaction prices, lower warranty costs and narrowing all-electric vehicle losses as it wraps up a multibillion-dollar pullback…
The iconic Nike swoosh design is displayed in a window of the athletic company’s new store on Broadway in Manhattan on April 24, 2026 in New York City. Spencer Platt | Getty Images Nike on Tuesday posted quarterly earnings and revenue that topped Wall Street expectations, despite another sales decline in its key China market….
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron‘s revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand…
