Earnings Roundup

Loading...
Loading...
Suntech Power Holdings Co Ltd
STP
reported a wider second-quarter loss and lowered its revenue projections for the year. Suntech reported a quarterly loss of $259.5 million, or $1.44 per American depositary share (
ADS
), versus a year-ago loss of $174.9 million, or $0.97 per ADS, in the year-ago period. Excluding one-time items, Suntech reported a loss of $0.19 per ADS. Suntech's quarterly revenue surged 33% to $830.7 million. However, analysts were expecting earnings of $0.15 per share on revenue of $800 million. Suntech lowered its revenue forecast for the year to $3.2 billion to $3.4 billion, versus its earlier forecast of $3.3 billion to $3.5 billion. Geely Automobile Holdings Ltd
GELYY
reported a 17% rise in its first-half net profit. Geely's net profit for the period rose to CNY937.6 million, from CNY804.8 million, in the year-earlier period. Its revenue climbed 14% to CNY10.54 billion from CNY9.24 billion. Treasury Wine Estates Ltd
TSRYY
reported a 6.6% drop in its volume of wine sales for the full year. Treasury Wine Estates' net profit for the period came in at A$64.1 million. Its revenue from ordinary activities rose 2% to A$1.47 billion, from A$1.45 billion, in the year-ago period. However, its revenue on a pro-forma basis dropped 7.3% at A$1.8 billion, from A$1.94 billion, in the year-ago period. Treasury Wine Estates also announced its plans to pay a final dividend of 6 cents per share. China Resources Power Holdings Co
CRPJY
reported a 1% rise in its first-half net profit. The group's net profit for the period rose to HK$2.48 billion (US$319 million), from HK$2.46 billion, in the year-ago period. Its revenue climbed 37% to HK$29.03 billion from HK$21.16 billion. The group also recommended a first-half dividend of HK$0.06. Petrofac Ltd
POFCY
reported a 31% rise in its first-half net profit. Petrofac's net profit for the period rose to $246.5 million. Its revenue surged 25% to $2.71 billion. Petrofac also raised its interim dividend payment by 26% to 17.4 cents per share. Amlin PLC
Loading...
Loading...
APLCY
swung to a first-half loss. Amlin made a pretax loss of GBP192.3 million for the six months ended June 30, versus a profit of GBP107.6 million, in the year-ago period. Caltex Australia Ltd
CTXAY
reported a 24% drop in its first half profit. Caltex Australia's net profit on a replacement cost of sales operating basis for the period declined to A$113 million, from A$149 million, in the year-ago period. Its net profit on a historical cost basis surged 91% to A$270 million from A$141 million. Caltex Australia's fuels sales volumes gained 4.3%. Caltex Australia also declared an interim dividend of 17 cents per share, versus 30 cents per share, in the year-earlier period. Bluescope Steel Ltd
BLSFY
announced its plans to close operations and lower 1,000 jobs, as it swung to a fiscal-year loss. Bluescope Steel swung to a loss of 1.1 billion Australian dollar ($1.1 billion), versus a profit of A$126 million, in the year-earlier period.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsPre-Market OutlookMarketsData Processing & Outsourced ServicesEarnings RoundupElectrical Components & EquipmentIndustrialsInformation Technology
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...