At 0855 GMT, shares in Hugo Boss were down 10% at EUR59.54, following the release of the company's preliminary earnings report. While the German premium-fashion company saw an increase in earnings before interest and taxes (EBIT) for the fourth quarter, the results fell short of analysts' expectations. The company reported an EBIT of 121 million euros ($132.5 million) for Q4, … [Read more...] about Hugo Boss Shares Fall on Preliminary Earnings Below Expectations
financial performance
Elementis Reports Resilient Performance in Q4 2023
The London-based specialty-chemicals company, Elementis, has announced that its performance in the fourth quarter of 2023 remained strong despite challenging market conditions. The company reported significant growth in both profit and revenue during this period, in contrast to a weak fourth quarter in the previous year. Adjusted operating profit, which excludes exceptional and … [Read more...] about Elementis Reports Resilient Performance in Q4 2023
Essentra Shares Fall Amidst Challenging Trading Environment
By Elena Vardon Essentra, the supplier of plastic and fiber products, experienced a drop in shares as the company provided an update on its financial performance for 2023. The company anticipates that its adjusted operating profit for the year will be at the lower end of expectations, while revenue is expected to decline due to the prevailing softer trading environment. At … [Read more...] about Essentra Shares Fall Amidst Challenging Trading Environment
McDonald’s Well Positioned for 2024
McDonald's Corp. has reported better-than-expected third-quarter results, leading Wells Fargo analyst Zachary Fadem to believe that the company is in a strong position for 2024. Fadem mentioned several catalysts that support this view. Easing November Compares and December Analyst Event Fadem highlighted easing November compares leading up to McDonald's December analyst event. … [Read more...] about McDonald’s Well Positioned for 2024
JFrog Reports Strong Q3 Results Despite Challenges
Software-development-tools company JFrog has announced better-than-expected third-quarter results, demonstrating resilience even amid the challenges posed by the ongoing conflict in Israel. JFrog, which has more than half of its employees based in Israel, remains confident about its future prospects. Impressive Financial Performance JFrog reported third-quarter revenue of $88.6 … [Read more...] about JFrog Reports Strong Q3 Results Despite Challenges
