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CN forecasts double-digit earnings growth in 2014 on continued economic recovery

2013-12-11 23:42:06| Railroads - Topix.net

Canadian National Railway is expecting to deliver double-digit earnings growth in 2014 by boosting its carload volumes on a continued recovery in the North American economy.

Tags: growth continued economic recovery

 

Verizon continues double-digit earnings growth in Q3

2013-10-17 14:55:00| Telecompaper Headlines

(Telecompaper) Verizon reported another double-digit increase in earnings in the quarter, with EPS growing to 78 cents from 56 a year earlier. Revenues increased 4.4 percent to USD 30.3 billion, and operating profit improved 30.0 percent to USD 7.1 billion. Adjusted EBITDA was up 16.9 percent to USD 11.3 billion, and the margin improved to 37.3 percent from 33.3 a year ago. In the first nine months of 2013, Verizon increased capital expenditure to USD 11.8 billion from USD 11.3 billion in the year-earlier period. Free cash flow was still up 23.3 percent over the same period to USD 16.6 billion. Verizon said it has also successfully arranged the financing to buy out Vodafone's stake in Verizon Wireless, with a USD 49 billion debt offering and an agreement for up to USD 12 billion in term loans. Growth in the third quarter was again driven by Wireless, with service revenues up 8.4 percent year-on-year to USD 17.5 billion. The EBITDA margin on service revenues rose by 110 basis points to 33.8 percent, and Verizon said it was on track to deliver a margin of 49-50 percent for the full year, after a result of 50.4 percent in the first nine months. The retail mobile customer base increased by a net 1.1 million lines in the three months, including 927,000 postpaid subscribers, to a total 101.2 million at the end of September. The company expects customer growth to increase sequentially in the fourth quarter.

Tags: growth continues earnings verizon

 
 

Campbell Soup Earnings Preview: Double-Digit Revenue Growth Expected

2013-05-19 19:41:23| Food - Topix.net

Campbell Soup , which some have speculated could be a takeover candidate for Warren Buffett and Berkshire Hathaway , is scheduled to report its third-quarter fiscal 2013 results Monday, May 20, before the markets open.

Tags: expected growth preview revenue

 

TSMC to Post Double-Digit Sales Growth in 2013, Chang Says

2013-04-10 03:16:55| Semiconductors - Topix.net

Taiwan Semiconductor Manufacturing Co., the world's largest contract producer of chips, projects that sales will rise at a percentage in the teens this year, Chief Executive Officer Morris Chang said.

Tags: post sales says growth

 

Double-Digit Growth Doesn't Guarantee An Investment Jewel

2013-03-11 11:56:31| Mobile Homes - Topix.net

Some of the simplest analysis guidelines turn up investment jewels. A lower price-to-earnings ratio for a company, when compared to its industry average, can be an indication of an undervalued stock price.

Tags: growth investment guarantee jewel

 

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