Reuters US Business

(Reuters) – AMC Entertainment Holdings beat third-quarter revenue estimates on Wednesday, riding on the success of “Barbie” and “Oppenheimer” movies as volumes of theatrical releases also improved at the box office. The movie theater chain posted revenue of $1.41 billion for the quarter ended Sept. 30, compared with market estimates of $1.26 billion, according to …

AMC Entertainment beats quarterly revenue estimates Read More »

(Reuters) -Take-Two Interactive Software on Wednesday forecast third-quarter net bookings below market expectations, hurt by a slowdown in spending on the company’s gaming titles such as “Grand Theft Auto” and “Red Dead Redemption”. The company expects net bookings in the range of $1.30 billion to $1.35 billion, compared with estimates of $1.44 billion, according to …

Take-Two Interactive forecasts third-quarter net bookings below estimates Read More »

By Lananh Nguyen, Anirban Sen and Saeed Azhar NEW YORK (Reuters) -Goldman Sachs expects dealmaking activity to stay subdued in the medium term as macroeconomic conditions weigh on private equity transactions, an executive said on Wednesday. “For the medium term, the dealmaking environment will indeed be a little bit less robust,” Jim Esposito, co-head of …

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By Akash Sriram (Reuters) – Lyft reported third-quarter revenue slightly higher than estimates and forecast current-quarter revenue largely in line with expectations on Wednesday, as workers returned to office and there were a higher number of airport rides. Shares of the San Francisco, California-based company fell about 5% in extended trading. Though Lyft only commands …

Lyft projects Q4 core earnings above estimates, beats Q3 revenue expectations Read More »

(Reuters) – Beyond Meat missed market expectations for quarterly revenue on Wednesday, hurt by a relentlessly weak demand for its pricier faux meat patties. Consumer sentiment about plant-based meat and its health benefits has taken a beating in the last couple of years. Sticky inflation has also caused consumers to prefer cheaper animal proteins instead …

Beyond Meat misses quarterly revenue expectations as faux meat demand slides Read More »

COPENHAGEN (Reuters) – Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, and raised its full-year sales outlook, sending its shares up. The company, known for its bracelets and charms, said that organic sales grew by 11%, beating expectations for 6% growth, …

Jewellery maker Pandora raises sales forecast after Q3 profit beat Read More »

By Mathieu Rosemain PARIS (Reuters) -Credit Agricole, France’s second-largest listed bank, beat third-quarter earnings expectations on Wednesday driven by a strong performance by its investment bank and retail activities. Its net income jumped 33% to 1.75 billion euros ($1.87 billion), above the 1.37 billion expected by analysts in a company-compiled poll. Group revenue rose 19% …

Credit Agricole beats forecasts on strong investment bank boost Read More »