Tag: Earnings
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Earnings Watch (Malaysia): Tenaga Nasional, Sime Darby Plantation
Tenaga Nasional: Decent results with a BUY call from the market Why this is useful for you: Tenaga Nasional (TNB) is a proxy for the power generation sector in West Malaysia and it is essentially a monopoly. Its 3Q results will let you know whether TNB is still a good…
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Earnings Watch (China): Tencent, Alibaba
Tencent: Results beat expectations Tencent’s earnings per share (EPS) beat expectations by 10.7% for 3Q 2023. Actual EPS came in at CNY4.66 compared to expectations of CNY4.21, even though revenue of CNY155 billion was a miss by 0.6%. Positively, revenue growth of 10% from a year ago was driven mainly…
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Earnings Watch (US): Roblox, Target
Roblox: Strong results catapult the company upwards Roblox didn’t disappoint this time. Its 3Q 2023 results were definitively strong with bookings of US$840 million exceeding expectations of US$822 million. Roblox registered a revenue of US$713 million for the quarter, a 4.8% increase from the previous quarter. Share price gained by 18.1%…
Slice of P.I.E 