Dalata Hotel Group, an Ireland-based hotel operator, has reported a lower pretax profit for the first half of the year. Despite booking higher costs, the company remains optimistic about future growth prospects. Financial Results First-half pretax profit: €50.4 million ($54.5 million), down from €52.0 million the previous year. Adjusted earnings before interest, taxes, … [Read more...] about Dalata Hotel Group Reports Lower Pretax Profit for First Half
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LSI Industries Reports Strong Fourth-Quarter Earnings
LSI Industries, a leading lighting manufacturer, has exceeded analysts' expectations with its impressive fourth-quarter earnings. The company's shares saw a significant increase of 20% to $15.32 following this positive news. In the fourth quarter, LSI Industries recorded earnings of $8.4 million, or 28 cents per share, compared to $5.2 million, or 18 cents per share, during the … [Read more...] about LSI Industries Reports Strong Fourth-Quarter Earnings
Arbuthnot Banking Group Reports Strong Profits in H1 2023
Arbuthnot Banking Group, a leading private and commercial bank, has announced a significant increase in pretax profit for the first half of 2023, largely driven by higher interest income. Impressive Financial Results For the six months ending June 30, the bank recorded a pretax profit of £26.4 million ($34.5 million), compared to £3.4 million for the same period in the previous … [Read more...] about Arbuthnot Banking Group Reports Strong Profits in H1 2023
UPS Shares Set to Snap Losing Streak
Shares of United Parcel Service Inc. (UPS) are showing signs of a rebound, surging 0.7% in afternoon trading on Monday. The package delivery giant is poised to end a five-day losing streak as investors eagerly anticipate the release of its second-quarter financial results. Earnings Projections The much-awaited results will be disclosed on Tuesday, August 8, at 6 a.m. Eastern … [Read more...] about UPS Shares Set to Snap Losing Streak
Lyft’s Moment in the Spotlight
Since Uber reported strong earnings last week, investors and industry watchers are now turning their attention to Uber's smaller rival, Lyft. While Uber has successfully turned its business around, achieving GAAP profits in its latest quarter, Lyft hasn't experienced the same level of success. Although both companies are benefiting from a recovery in rides activity, Uber has … [Read more...] about Lyft’s Moment in the Spotlight