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Autoliv Q4 Profit Rises, Tops Estimates

RTTNews | Pred 744 dňami

Autoliv Q4 Profit Rises, Tops Estimates

(RTTNews) - Swedish automotive safety supplier Autoliv, Inc. (ALV) reported Friday that net income for the fourth quarter increased to $156 million or $1.80 per share from $115 million or $1.31 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter was $1.83 per share, compared to $1.30 per share in the year-ago quarter.

On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $1.76 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter grew 10 percent to $2.34 billion from $2.12 billion in the same quarter last year. Organic sales increased 18 percent. Analysts expected revenues of $2.44 billion for the quarter.

Looking ahead to fiscal 2023, the company expects organic sales growth of around 15 percent. The Street is looking for sales growth of 7.4 percent to $9.56 billion for the year.

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Značky: ALV

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Indonesia Stock Market May Extend Losing Streak

Indonesia Stock Market May Extend Losing Streak

The Indonesia stock market has finished lower in three straight sessions, stumbling more than 320 points or 4.7 percent in that span. The Jakarta Composite Index now sits just above the 6,740-point plateau and it may take further damage on Monday.

RTTNews | Pred 5 h 24 min

Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher on Monday after opening in the red, reversing the losses in the previous session, despite the broadly negative cues from Wall Street on Friday. The Nikkei 225 moving above the 38,800 level, despite weakness across most sectors led by index heavyweights and exporter stocks.

RTTNews | Pred 5 h 24 min

China Shares May Open Under Water On Monday

China Shares May Open Under Water On Monday

The China stock market has moved higher in consecutive trading days, improving more than 70 points or 2.2 percent along the way. The Shanghai Composite Index now rests just above the 3,300-point plateau although it may spin its wheels on Monday.

RTTNews | Pred 5 h 54 min

Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Monday, extending the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,500.00 level, with weakness in technology and financial stocks partially offset by gains in gold miners and energy stocks.

RTTNews | Pred 5 h 57 min

Australia Building Consents Rise 0.7% In December

Australia Building Consents Rise 0.7% In December

The total number of building permits issued in Australia was up a seasonally adjusted 0.7 percent on month in December, the Australian Bureau of Statistics said on Monday - coming in at 15,174.

RTTNews | Pred 6 h 17 min

Taiwan Shares Seen Lower On Profit Taking

Taiwan Shares Seen Lower On Profit Taking

The Taiwan stock market has moved higher in four straight sessions, advancing more than 760 points or 3.4 percent in that span. The Taiwan Stock Exchange now rests just beneath the 23,480-point plateau although investors may lock in gains on Monday.

RTTNews | Pred 6 h 24 min

Japan Overall Bank Lending Climbs 3.0% On Year In January

Japan Overall Bank Lending Climbs 3.0% On Year In January

Overall bank lending in Japan was up 3.0 percent on year in January, the Bank of Japan said on Monday - coming in at 635.707 trillion yen.

RTTNews | Pred 6 h 41 min

Japan Has Y1.077 Trillion Current Account Surplus

Japan Has Y1.077 Trillion Current Account Surplus

Japan posted a current account surplus of 1.077 trillion yen in December, the Ministry of Finance said on Monday - up 17.8 percent on year.

RTTNews | Pred 6 h 47 min

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