earnings


Earnings estimates for Asian firms upgraded for 7th straight month 

Earnings estimates for Asian firms upgraded for 7th straight month 

Analysts raised their forward 12-month profit estimates for Asian companies for a seventh straight month in January, predicting increased government spending and a faster roll-out of coronavirus vaccines will power corporate earnings. The forward 12-month earnings estimates of MSCI Asian Pacific index firms were raised by 1% in the past …

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Apple CEO says China revenue will grow

Apple revenue in China down but Cook confident it will grow

(ATF) On October 30, Beijing time, Apple released its fourth fiscal quarter report as of Sept 26, 2020. The report showed that Apple’s fourth-quarter net revenue was $64.7 billion, a slight increase from $64 billion in the same period last year, and its diluted earnings per share were $0.73.By region, …

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TSMC raises 2020 outlook 30% in sign of 5G boost

TSMC raises 2020 outlook 30% in sign of 5G boost

(ATF) Taiwan Semiconductor Manufacturing Company (TSMC) raised its 2020 revenue forecast for a second time this year, supported by robust demand for 5G mobile devices like Apple’s new iPhones and high-performance computing (HPC). CC Wei, chief executive of the world’s largest contract chipmaker, told investors on the company’s third quarter …

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Investor bet China recovery will lift earnings

Investor bet China recovery will lift earnings

TOKYO/NEW YORK - Asian stocks edged higher on Friday, buoyed by gains in China, but the mood was cautious due to a resurgence of coronavirus infections in Europe and the United States.MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> rose 0.27%. U.S. stock futures <ESc1> also gained 0.32%.Shares in …

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