ABB Notícias Forex

ABB Stock Down On Weak Q2 Orders, Despite Profit Growth; Confirms Outlook

ABB Stock Down On Weak Q2 Orders, Despite Profit Growth; Confirms Outlook

Shares of ABB Ltd. were losing around 6 percent in the morning trading in Switzerland after the Swiss engineering company on Thursday reported weak orders in its second quarter, even as profit and revenues were higher on solid demand.Looking ahead for the third quarter, the company projects sequentially higher growth rate in comparable revenues, and the operational EBITA mergin to be around...
RTTNews | 103 dias atrás
ABB Stock Up On Higher Q1 Opn. EBITA, Boost In FY24 Margin View

ABB Stock Up On Higher Q1 Opn. EBITA, Boost In FY24 Margin View

Shares of ABB Ltd. were gaining around 6 percent in the morning trading in Switzerland after the Swiss engineering company on Thursday reported higher Operational EBITA, a key earnings metric, in its first quarter. Meanwhile, net profit and orders were lower and revenues were nearly flat. The company said its order intake for the first quarter was better than expected.
RTTNews | 194 dias atrás
ABB Stock Down On Weak Q3 Orders, Q4 Margin Warning

ABB Stock Down On Weak Q3 Orders, Q4 Margin Warning

Swiss engineering company ABB Ltd. reported Wednesday significantly higher profit in its third quarter with strong revenue growth, while orders were weak. Going ahead, the company projects comparable revenue growth in the fourth quarter, but margin will be lower sequentially. The company further lifted its forecast for fiscal 2023. In Switzerland, ABB shares were losing around 5 percent.
RTTNews | 377 dias atrás
ABB Stock Up On Surge In Q2 Profit, Positive Outlook

ABB Stock Up On Surge In Q2 Profit, Positive Outlook

Shares of ABB Ltd. were gaining around 3 percent in the morning trading in Switzerland after the Swiss engineering company reported Thursday significantly higher profit in its second quarter on strong revenue growth. Orders, meanwhile, declined from last year. Looking ahead, the company said it sees growth in its third quarter, and maintained revenue forecast for fiscal 2023.
RTTNews | 467 dias atrás