profit forecast
Coverage of profit forecast in the Nexus archive.
- Merck slashed its profit forecast as acquisition costs piled up, but it beat on revenue
Merck reduced its adjusted earnings forecast to $2.66 to $2.76 per share from a previous range of $5.04 to $5.16. Despite the profit cut, the company exceeded revenue expectations.
- Honeywell Technologies raised its profit forecast but missed earnings expectations in its debut standalone results
Honeywell Technologies increased its adjusted EPS outlook to $8.05–$8.35 but failed to meet analyst expectations for the quarter. The automation company's debut standalone results showed a raised profit forecast despite missing earnings targets.
- 7-Eleven's parent company is raising its profit forecast as gas earnings surge
7-Eleven's parent company has increased its profit forecast for the fiscal year ending February 2027, now expecting ¥278 billion in net profit compared to the previous projection of ¥270 billion, driven by surging gas earnings.
- Nissan Shares Climb After Forecasting Profit Instead of Loss
Nissan shares increased after CEO Ivan Espinosa announced a strategy to revitalize the automaker's aging product lineup and set ambitious sales targets in the US and China, forecasting a profit instead of a loss.