Hasbro reports a 24.4% year-on-year sales decline in first-quarter FY24, totaling $757.30 million. However, the company beats analyst estimates, with adjusted EPS of $0.61 outperforming the consensus of $0.27. Hasbro's operating margin expands significantly, reaching 15.3%.
Hilton Worldwide surpasses analyst estimates with first-quarter FY24 sales reaching $2.573 billion, marking a 12.2% year-on-year increase. Franchise and licensing fees revenue rose 12.4%, while the company's owned and leased hotels revenue grew by 2.8%.
Charlie Chan and his team at Morgan Stanley forecast that the total Gaudi shipment volume could hit 300-400k units in 2025, generating $2-3bn revenue for Intel.
Charlie Chan and his team at Morgan Stanley forecast that the total Gaudi shipment volume could hit 300-400k units in 2025, generating $2-3bn revenue for Intel.
Lithia Motors reported first-quarter FY24 sales growth of 23% year-on-year to $8.56 billion, beating the analyst consensus estimate of $8.54 billion. Adjusted EPS of $6.11 missed the analyst consensus of $7.89.
TotalEnergies SE has signed a deal with Trident Energy for purchase and sale transactions in Congo, increasing its stake in the Moho license and selling its interests in the Nkossa and Nsoko II licenses.