TAG: Profit

Lloyds banking on higher annual profits for FY 2023

​​​Lloyds banking on higher annual profits for FY 2023 ​​Lloyds Banking Group is set to announce higher annual profits for 2023 when it reports full-year results on February 22. According to Reuters Eikon analysts forecast a pretax profit of £7.686 billio...

7 months ago

Tesco shares volatile as profits soar

Despite some volatility, Tesco (LON: TSCO) shares have been rising since mid-October 2022, and were up by 6% during intraday trading yesterday — though have now fallen back to 283p — after releasing positive full-year results alongside an increased divide...

6 months ago

How to trade the upcoming Reckitt Benckiser Q1 trading update

​​​Investor eyes on Reckitt Benckiser Q1 trading statement after challenging year ​Consumer goods giant Reckitt Benckiser Group is set to report its first quarter (Q1) trading statement on Wednesday 24 April. Investors will be watching closely to see if...

5 months ago

​Target shares up 13% after Q2 earnings beat​

​​​Target shares rally on Q2 earnings beat ​Target, the American retail behemoth, reported better-than-expected second quarter (Q2) earnings on 21 August, beating Wall Street estimates and raising its full-year profit forecast. The company's shares rose a...

1 month ago

Bunzl share price analysis with post-H1 stellar results upside targets​​

​​​Bunzl shares hit all-time high as H1 results support improved profit outlook ​FTSE 100-listed Bunzl shares hit an all-time high on Tuesday after the supplier of food packaging, stationery, and other business essentials raised its full-year profit outlo...

1 month ago

​​Barratt Developments’ profits forecast to drop

​​​Barratt Developments’ profits forecast to drop ​On Wednesday morning the UK housebuilder Barratt Developments is expected to publish its full-year results. It is expected to report pre-tax profit of £365 million for the year, on revenue of £4.19 billio...

1 month ago

UK tech stocks to watch

Auction Technology Group: Navigating challenges in the online auction market Auction Technology Group (ATG) has faced significant headwinds over the past year, with its share price experiencing a substantial 47% drop. This decline can be attributed to sev...

4 weeks ago

Lloyds Banking Group share price outlook for 2024 and beyond

How is Lloyds performing? Lloyds Banking Group (Lloyds) is currently trading at around 59.00 pence (p) per share. This represents a significant 32% increase over the past year, showcasing the bank's resilience in a challenging economic environment. One of...

3 weeks ago

​Tesco earnings preview – share price bolstered by hopes of more growth

​​​Financial performance and market position ​Tesco's financial resilience continues to impress analysts, with its share price reaching a 10-year high in 2024. The company's forward 12-month P/E ratio of 13.93 and an estimated long-term growth (EPS) of 7....

2 weeks ago