Fox Sees Q1 Revenue Grow, But Higher Expenses Cut Profit: Fox Corporation said profit in its first fiscal quarter fell due to higher operating expenses, even as overall revenue rose 5% or $174 million, tied to increased cash from… #FoxCorporation #Q1Earnings #RevenueGrowth #ProfitLoss #Advertising

Mazda forecasts nearly $1 billion profit hit from U.S. tariffs TOKYO (Reuters) -Mazda Motor said on Tuesday it expects a 145.2 billion yen ($987.02 million) hit to its operating profit this business year due to U.S. import tariffs, as the Japanese automaker rolled out measures to cushion the impact. To soften the blow of the tariffs, the company said it is taking measures including changing shipping routes, increasing output at its plant in the U.S. state of Alabama and adjusting production volumes. The impact of the higher U.S. duties on results this year remained "quite significant," assuming that exports from Japan would face a 15% tariff and those from Mexico 25%, Chief Financial Officer Jeffrey Guyton said. Without its countermeasures, the company would be at risk of a 233.5-billion-yen operating profit hit for the year ending March 2026, Guyton told reporters during a briefing. Mazda has been trying to boost sales of its CX-50 crossover sport utility vehicle. The company has a major plant in the Mexican state of Guanajuato from where it exports vehicles to the U.S. It said last week it sold about 210,000 vehicles in the United States over the first half, up 4% from a year earlier. Mazda has forecast a full-year operating profit of ¥50 billion for the year ending March 2026, down sharply from the previous financial year. ($1 = 147.1100 yen) With 7261 making headlines, investors are asking: Is it truly valued fairly? InvestingPro's advanced AI algorithms have analyzed 7261 alongside thousands of other stocks to uncover hidden gems with massive upside. And guess what? 7261 wasn't at the top of the list.

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Harley-Davidson misses second-quarter profit estimates as tariffs weigh (Reuters) -Harley-Davidson posted a lower-than-expected profit for the second quarter and did not provide an annual forecast on Wednesday, as U.S. President Donald Trump’s tariffs continued to weigh on the motorcycle maker. However, shares of the company rose as much as 12% in premarket trading after the company said that it would offload loans from its financial unit to KKR and PIMCO valued at over $5 billion. Leisure vehicle demand has been on a decline in the U.S., with consumers rethinking non-essential purchases in an uncertain economy. Harley’s sales have also taken a hit over the years as its bikes struggle to resonate with younger riders, who are looking for fuel efficient models instead with modern safety features. "Given that the global tariff and business outlook especially for discretionary product purchases remains uncertain, we continue to withhold our full year HDMC (Harley Davidson Motorcycle Company) 2025 financial outlook," Harley-Davidson (NYSE:HOG) said. Between February and now, close to 100 U.S. companies have either withdrawn or cut their guidance as uncertainty over tariffs throws financial planning out of gear, with most of them from the consumer and automotive and transportation sectors, according to Reuters calculations. Harley-Davidson’s profit fell to $108 million, or 88 cents per share, in the second quarter from $218 million, or $1.63 per share, a year earlier. Overall revenue in the quarter fell 19% to $1.3 billion. With HOG making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed HOG alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including HOG, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is HOG poised for similar growth? Don't miss the opportunity to find out.

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Singapore Airlines shares fall more than 8% after first quarter profit plunges - CNBC Singapore Airlines shares fall more than 8% after first quarter profit plunges  CNBC

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