Description
Added on the 28/04/2015 17:11:35 - Copyright : Reuters EN
Nissan Raises Full Year Profit Forecast
Nissan Raises Full Year Profit Forecast
Shiheung, Feb 26 (EFE / EPA) .- South Korea celebrated Friday "Daeboreum", a festival that concludes two weeks of celebrations after the arrival of the lunar New Year and that coincides with the first full moon of the new year.(Camera: JEON HEON-KYUN)SHOT LIST: THE "DAEBOREUM" FESTIVAL IN SHIHEUNG, SOUTH KOREA.
On Wednesday, Lowe's reported quarterly same-store sales growth of more than 30%. Sales for the third quarter were $22.3 billion. That's compared to $17.4 billion in the same quarter in 2019. Lowe's said their online sales doubled in the third quarter. The company's earnings of $1.98 per share were one cent short of estimates from analysts, and its shares fell. Lowe's net income fell to $692 million, or 91 cents per share, for the quarter ending October 30, 2020.
Lyft has been struggling in 2020. It third-quarter figures weren't thrilling. But, there is good news. On Wednesday, Wedbush said earnings guidance and vaccine hopes stand to push the stock to pre-pandemic highs. Analyst Dan Ives lifted his price target for Lyft shares to $48 from $37 in a note to clients, a 33% upside from Tuesday's close. On Tuesday, Lyft executives said they expect the company to be profitable by the fourth quarter of 2021. Business Insider said the optimistic guidance should fuel a rebound in rides and a strong stock rally.