Shares of PepsiCo Inc. fell 1.1% in premarket trading on Friday, retreating from a five-month high, following the company's surprising decline in fourth-quarter revenue. Despite this setback, the beverage and snack giant exceeded profit expectations and announced a 7% increase in its dividend. Strong Profit Performance PepsiCo's net income soared to $1.3 billion, or 94 cents … [Read more...] about PepsiCo Reports Drop in Fourth-Quarter Revenue, Raises Dividend
Q4 earnings
Autodesk’s Financial Performance in Q4
Autodesk reported revenue of $1.47 billion for the fiscal fourth quarter ended Jan. 31, marking an 11% increase from the previous year (13% adjusted for currency). The company exceeded its guidance range and Wall Street consensus, showcasing its financial strength. CEO Andrew Anagnost's Insights CEO Andrew Anagnost emphasized the robustness of Autodesk's business, attributing … [Read more...] about Autodesk’s Financial Performance in Q4
National Bank of Canada Reports Rise in Q4 Profit and Revenue
National Bank of Canada announced strong financial results for its fiscal fourth quarter, driven by impressive performances across its main segments. For the period ended Oct. 31, the Canadian bank recorded net income of 768 million Canadian dollars ($566.4 million), equivalent to C$2.14 per share, representing an increase from the previous year's net income of C$738 million, … [Read more...] about National Bank of Canada Reports Rise in Q4 Profit and Revenue
LG Electronics Expects Fourth-Quarter Operating Profit Rise
LG Electronics, the South Korean consumer-electronics giant, is anticipating a significant increase in its fourth-quarter operating profit compared to the same period last year. However, the company expects a decline from the previous quarter due to sluggish demand recovery for home appliances. According to the preliminary earnings forecast released on Monday, LG Electronics … [Read more...] about LG Electronics Expects Fourth-Quarter Operating Profit Rise
Myriad Genetics Expects Fourth-Quarter Revenue to Exceed Expectations
Myriad Genetics, a genetic testing company based in Salt Lake City, has announced that it is expecting its fourth-quarter revenue to surpass expectations, according to preliminary results. In a regulatory filing on Tuesday, the company stated that it foresees revenue in the range of $196 million to $197 million for the quarter ending on December 31. This projection outperforms … [Read more...] about Myriad Genetics Expects Fourth-Quarter Revenue to Exceed Expectations
