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Earnings Forecasts

A collection of news and information related to Earnings Forecasts published by this site and its partners.

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  • McDonald's misses mark in 2nd quarter

    McDonald's Corp.'s CEO said the world's largest restaurant company still needs more time to show improvements, after missing Wall Street's quarterly sales and profit expectations for the second consecutive quarter as it struggled to keep up with more nimble competitors.
  • Mexico telecoms overhaul starts to drag on America Movil

    MEXICO CITY (Reuters) - Carlos Slim's America Movil, Latin America's biggest telecoms company, said on Monday that new regulation in its core Mexico market was beginning to weigh on its performance. Lower exchange rate and financing costs helped the...

    Will economy's fate be set by next two weeks' earnings?

    NEW YORK (Reuters) - A long hoped for improvement in the economy appears to be manifesting itself in second-quarter U.S. earnings, but the next two weeks could be the real test. Companies such as General Electric Co and Intel Corp have reported solid...

    Tesco ditches CEO for Unilever man after profit warning

    LONDON (Reuters) - Tesco is to ditch chief executive Philip Clarke and replace him with a turnaround specialist from Unilever , ending a disastrous three year reign as Britain's biggest retailer warned it would again miss profit forecasts. Just three...

    Electrolux's North American profits rise despite sluggish sales elsewhere

    Profits for Swedish appliance maker Electrolux are continuing to rise in North America, even as sluggish sales and low demand elsewhere led to an overall net loss in the company's second quarter. The company, which moved its North American headquarters...