Jenoptik Profit Dips in 2025, Guides 2026 Recovery Jenoptik reported net income down 28% to €68.5m in 2025 and guided for mid-single-digit sales growth and an 8–9% EBIT margin in 2026 (Investing.com, Mar 25, 2026).

Jenoptik Profit Dips in 2025, Guides 2026 Recovery: Jenoptik reported net income down 28% to €68.5m in 2025 and guided for mid-single-digit sales growth and an 8–9% EBIT margin in 2026 (Investing.com, Mar 25,… 👈 Read full analysis #Jenoptik #ProfitReport #BusinessGrowth #MarketTrends #Investing

Aramco Profit Dips Slightly as Crude Prices Cool, but Output Surge Lifts Momentum DUBAI, Nov 4 — Saudi Aramco saw a small decline in third-quarter profit as global oil prices softened, though higher production volumes helped the energy giant outperform the previous quarter. Net profit slipped 2.3% to 101.02 billion riyals (US$26.94 billion) for the quarter ending September 30, down from 103.4 billion riyals a year earlier. However, […]

Aramco Profit Dips Slightly as Crude Prices Cool, but Output Surge Lifts Momentum #Aramco #OilMarket #CrudePrices #ProfitReport #EnergySector

BYD’s quarterly profit falls for first time in 3-1/2 years as price wars bite BEIJING (Reuters) -Chinese electric vehicle maker BYD’s quarterly profit fell for the first time in more than three years, as its expansion hit a speed bump amid a government campaign against price wars. Net profit at the world’s biggest EV producer totalled 6.4 billion yuan ($894.74 million) in the second quarter, it reported on Friday, down 29.9% from a year earlier, after rising 100.4% in the first quarter. Revenue increased 14% to 200.9 billion yuan in the three months to June 30. First-half profit was up 13.8% on revenue up 23.3%. The biggest Chinese rival to Tesla has faced challenges in recent months as Chinese authorities have called for a halt to a bruising price war in China that has pressured profit margins across the entire industry. BYD has set a target to sell 5.5 million cars globally this year, but it sold 2.49 million in the first seven months of the year, meeting 45% of its goal. "The outlook for BYD meeting its ambitious full-year targets appears pessimistic," said Rosalie Chen, analyst at Third Bridge. Nomura analysts said on August 12 that they expect BYD to sell 5 million to 5.2 million cars this year. BYD, which generates nearly 80% of its sales in China, saw vehicle sales fall in its home market for the third straight month in July, while its production slid for the first time in 17 months. The automaker has slowed production and delayed capacity expansions at factories in China, Reuters reported in June. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. BYD was among major automakers that pledged in June to make payments to suppliers within 60 days after Chinese authorities ordered carmakers to make payments more promptly and to stop a price war. The pledge has led analysts to scrutinise the working capital of BYD and other automakers more closely. Working capital is the difference between a company’s current assets and current liabilities and shows how much the business has available for day-to-day expenses. BYD’s working capital deficit expanded to 122.7 billion yuan as of June 30, from 95.8 billion yuan at the end of March. It stood at 125.4 billion yuan at the end of 2024. ($1 = 7.1529 Chinese yuan renminbi) Should you invest $1,000 in TSLA right now? Ask WarrenAI, our powerful AI financial research assistant. It's just like ChatGPT for investors, but with access to 10 years of company data, a built-in screener, Wall Street analysts' reports, and earnings call transcripts for real-time, vetted insights. Get answers about TSLA and thousands of other assets within seconds.

Click Subscribe #BYD #ProfitReport #ElectricVehicles #PriceWar #StockMarket

Woodside Energy clocks 24% profit slide in H1 on weak oil prices Investing.com-- Australia’s Woodside Energy Ltd (ASX:WDS) clocked a sharp drop in its first-half profit on Tuesday, as it grappled with lower realized oil prices and depreciation costs in a Senegal project. Woodside’s underlying net profit after tax for the first six months of 2025 fell 24% to $1.25 billion, in line with market estimates. The company saw a lower realized price on oil in the first half, especially as spot oil prices tumbled on concerns over higher OPEC+ production, weaker demand, and uncertainty over U.S. trade tariffs. Woodside (OTC:WOPEY) realized an average price of $61.8 per barrel, down from $62.6 per barrel a year ago. Woodside’s margins were also pressured by depreciation and amortization costs at its Sangomar project in Senegal, which amounted to $773 million. Still, Woodside’s operating revenue rose 10% to $6.59 billion, with the Sangomar project adding nearly $1 billion to revenue. The company declared an interim dividend of 53 cents per share, lower than the 69 cents from a year ago. Woodside signaled that it was continuing to seek sell-downs of its $17.5 billion LNG project in Louisiana, and that it had received “strong interest from high-quality potential partners” for the project. The company in June said U.S. investment house Stonepeak will invest $5.7 billion in Louisiana LNG. Woodside’s shares fell 1.6% in Sydney trade, while the broader ASX 200 index shed 0.7%.

Click Subscribe #WoodsideEnergy #OilPrices #ProfitReport #Investing #EnergySector

BlueScope Steel full-year profit tumbles 90% on North America impairment (Reuters) -Australia’s BlueScope Steel reported a 90% drop in full-year profit on Monday, after logging an impairment charge for its coated products business and due to weak performance at its operations in North America. The company’s coated products business in its North American division recorded a loss in fiscal 2025, impacted by lower volumes and operational woes and an impairment charge of A$438.9 million. The North America division’s underlying earnings declined 45%, weighed down by weak performance at its North Star and Buildings and Coated Products North America operations. The company posted net profit after tax of A$83.8 million ($54.6 million) for fiscal 2025, significantly lower than A$805.7 million reported in fiscal 2024. On an underlying basis, the company’s profit declined 51% to A$420.8 million, pulled down by price pressures, lower volumes and higher costs. ($1 = 1.5361 Australian dollars) Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year.. In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if BSL is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.

Click Subscribe #BlueScopeSteel #SteelIndustry #ProfitReport #InvestmentNews #NorthAmerica

Carlyle’s second-quarter profit tops estimate on fee growth as AUM climbs By Isla Binnie and Niket Nishant (Reuters) -Carlyle Group reported a better-than-expected profit in the second quarter on Wednesday, helped by a pickup in fees as it grew its assets under management. Its CEO Harvey Schwartz has been working on a turnaround after a few difficult years linked to an industry-wide downturn and an internal succession struggle. Schwartz identified wealth, global credit and insurance and capital markets among priorities when he took over in 2023. Last week, Carlyle named three of its longtime insiders as co-presidents, a new role and a step some analysts said could help reinforce investors’ confidence in the company. Distributable earnings, or profit that can be returned to shareholders, jumped 25.6% to $431 million, or 91 cents per share. That compares with 89 cents that analysts had expected, according to estimates compiled by LSEG. Fee-related earnings grew 18.4% to $323.3 million in the quarter. Fund management fees rose 16% and transaction and portfolio advisory fees, which Carlyle earns from arranging capital market deals for its portfolio companies and other clients, jumped 66%. Assets under management at the Washington, D.C.-based company rose 7% to $465 billion, thanks to growth in Carlyle AlpInvest, the unit for second-hand private equity funds that Schwartz has also made a priority. The secondary market has given pension funds and other private equity investors a way to sell stakes in companies at a time when elevated interest rates, sweeping U.S. tariffs and geopolitical uncertainty have hampered dealmaking. Still, market activity was accelerating, Schwartz said. The company generated $13.4 billion of fresh capital. It deployed $14.6 billion and had $89 billion available for investment at the end of the quarter. Nasdaq composite index. Its shares were up nearly 2% in thin trading before the open. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is CG one of them?

Click Subscribe #CarlyleGroup #InvestmentNews #AssetManagement #FinancialGrowth #ProfitReport

Rio Tinto posts smallest first-half profit in five years on weak iron ore prices (Reuters) -Rio Tinto logged its smallest first-half underlying profit in five years on Wednesday, pressured by weak iron ore prices amid oversupply concerns and slowing China demand, and flagged rising costs at its Pilbara operations. Iron ore prices eased in the first half of the year as steel production in top consumer China declined and more supply from Australia, Brazil, and South Africa came to the global market, denting Rio Tinto (NYSE:RIO)’s earnings from the steel-making raw material. Expectations that China will curb overcapacity in the steel sector and likely restocking before 2025-end could underpin a pickup in prices to $100 per metric ton towards the year-end, according to a note by Morgan Stanley. Rio Tinto, the world’s largest iron ore producer, reported underlying earnings of $4.81 billion for the six months ended June 30, down 16% from a year earlier and missing a Visible Alpha consensus of $5.05 billion. This was the company’s weakest first-half performance since 2020. The miner, which is increasingly shifting its focus to copper, declared an interim dividend of $1.48 per share for the first half of the year, lower than the $1.77 apiece it gave out last year. For the six months ended June 30, Rio Tinto’s unit costs at its flagship Pilbara iron ore operations in Western Australia rose to $24.3 per wet metric ton (wmt) from $23.2 per wmt last year, due to lower shipments and impact from cyclones. For the full-year 2025, Rio Tinto had earlier forecast a range of $23 and $24.5 per wmt. It maintained its full-year Pilbara shipment guidance at the lower end of its 323 million tons (Mt) and 338 Mt forecast range.

Click Subscribe #RioTinto #IronOre #MiningIndustry #ProfitReport #StockMarket

HSBC first-half profit falls 26%, misses estimates HONG KONG/LONDON (Reuters) -HSBC Holdings reported a 26% slide in first-half pretax profit on Wednesday, missing analyst estimates, as a $2.1 billion impairment from its investment in Bank of Communications weighed. The result compared with the $16.5 billion average of broker estimates compiled by HSBC. With HSBA 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 HSBA alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including HSBA, 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 HSBA poised for similar growth? Don't miss the opportunity to find out.

Click Subscribe #HSBC #FinanceNews #StockMarket #Investing #ProfitReport

Valero Energy beats Q2 profit estimates as refining margins improve (Reuters) -Refiner Valero Energy (NYSE:VLO) beat Wall Street estimates for second-quarter profit on Thursday as a rebound in refining margins helped cushion the loss in its renewable diesel unit. Investors were expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel margins boosted earnings. Valero, the first major refiner to post results this earnings season, said its refining margin per barrel of throughput was up at $12.35 in the reported quarter, compared with $11.14 from a year earlier. "We set a record for refining throughput rate in our U.S. Gulf Coast region in the second quarter," said CEO Lane Riggs. The company’s total throughput volumes stood at 2.9 million barrels per day (bpd) in the quarter, compared with 3.0 million bpd a year earlier. The refining segment reported quarterly operating income of $1.3 billion, higher than last year’s $1.2 billion. However, its renewable diesel segment, consisting of the Diamond Green Diesel joint venture, reported an operating loss of $79 million for the quarter, compared with a profit of $112 million a year ago. The company also said it was progressing with a fluid catalytic cracking unit optimization project that will enable the St. Charles Refinery to increase its high-value product yield. Valero reported a profit of $2.28 per share for the quarter ended June 30, compared with analysts’ average estimate of $1.74 per share, according to data compiled by LSEG. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is VLO one of them?

Click Subscribe #ValeroEnergy #EnergySector #Q2Earnings #ProfitReport #RefiningMargins

Hyundai Motor Q2 profit falls 16% as US tariffs weigh SEOUL (Reuters) -Hyundai Motor posted a decline in second-quarter operating profit on Thursday, down 16% from a year earlier, as U.S. tariffs on vehicles and parts started to weigh on its bottom line. Hyundai, which together with affiliate Kia is the world’s third-biggest automaking group by sales, booked operating profit of 3.6 trillion won ($2.64 billion) for April-to-June, compared with 4.28 trillion won in the same period a year earlier. The result compared with a 3.5 trillion won LSEG SmartEstimate drawn from 22 analysts. The consensus estimate gives more weight to analysts who are more consistently accurate. The South Korean automaker said it was sticking to its annual profit target for now even after U.S. tariffs cost the company 828 billion won in the second quarter. While U.S. tariffs pose risks to its operations, the weaker South Korean currency helped cushion some of the blow from tariffs, it added. "Hyundai Motor (OTC:HYMTF) will continue to monitor its annual profitability guidance and flexibly adjust its targets in line with global market conditions," the company said in a statement. South Korean companies have been on tenterhooks after Washington reached a deal with Japan this week that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods. South Korea’s finance ministry said on Thursday that talks due to be held on Friday between top Seoul and Washington officials over tariffs have been rescheduled because of a scheduling conflict for U.S. Treasury Secretary Scott Bessent. Hyundai Motor said its revenue rose 7% from a year earlier to 48.3 trillion won, versus an analysts’ consensus of 47 trillion won. ($1 = 1,366.2000 won)

Click Subscribe #Hyundai #Automotive #CarIndustry #ProfitReport #USTariffs

Capital One reports higher profit as interest income, fees rise (Reuters) -Capital One Financial reported a rise in second-quarter adjusted profit on Tuesday, as the consumer lender was helped by a boost in interest income on its credit card debt and higher fee income. Shares of the company, which have gained nearly 22% in 2025, rose 2.5% after the bell. Consumer spending displayed underlying resilience in the April to June quarter, as many consumers curtailed discretionary spending amid inflationary pressures fueled by uncertainties over U.S. President Trump’s trade policies, while maintaining steady outlays on essential goods and services. However, companies such as Capital One (NYSE:COF) are shielded from economic volatility and ensuing industry weakness because of their credit card business. Interest rates on credit card debt are significantly higher than those on mortgages and other kinds of loans. Capital One became the biggest U.S. credit card issuer by balances after its acquisition of Discover Financial was completed midway through the second quarter, following more than a year of regulatory to-and-fro. The McLean, Virginia-based company’s net interest income — the difference between what it makes on loans and pays out on deposits — rose 32.5% to $10 billion in the quarter. Capital One’s quarterly non-interest income, which primarily consists of interchange income, net of reward expenses, service charges and other customer-related fees, rose nearly 27% to $2.50 billion. However, as consumers pull back on discretionary spending due to high borrowing costs, companies have resorted to building a bigger buffer to help shield themselves from potential loan defaults. The company’s loan loss provisions stood at $11.43 billion in the second quarter, compared to $3.91 billion a year earlier. Net charge-offs, or debts that are unlikely to be recovered, jumped 16% to $3.06 billion in the period, the company said. Capital One’s adjusted net income available to common stockholders was $2.77 billion, or $5.48 per share, in the three months ended June 30, from $1.21 billion, or $3.14 per share, a year earlier.

Click Subscribe. #CapitalOne #ProfitReport #InterestIncome #FinanceNews #BankingSector

Halliburton quarterly profit falls on weak North America drilling demand (Reuters) -Oilfield services firm Halliburton (NYSE:HAL) reported a fall in profit for the second quarter on Tuesday, hurt by weak North America demand. U.S. President Donald Trump’s trade policy heightened uncertainty in the energy industry, with trade war expected to curb global economic growth and, subsequently, demand for energy. The company had flagged a second-quarter earnings impact from the tariffs and lower oilfield activity in North America as producers evaluated drilling and completions at weak oil prices. "Oilfield services market will be softer than I previously expected over the short to medium term," said Halliburton CEO Jeff Miller said in a statement. The company reported a profit of $472 million, or 55 cents per share, for the quarter ended June 30, compared with $709 million, or 80 cents per share, a year earlier. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is HAL one of them?

Click Subscribe #Halliburton #OilIndustry #ProfitReport #EnergyDemand #NorthAmerica

Trump tariffs take a $1 billion bite out of GM earnings (Reuters) -General Motors’ second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the results. The automaker’s revenue in the quarter ended June 30 fell nearly 2% to about $47 billion from a year ago. Its quarterly adjusted earnings per share fell to $2.53 compared with $3.06 a year earlier. Analysts on average expected the company to notch a quarterly adjusted profit of $2.44 per share, according to data compiled by LSEG. Shares of the company fell about 3% in premarket trade. The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter and stuck to a previous estimate that trade headwinds threaten to hit the bottom line by $4 billion to $5 billion. GM said it could take steps to mitigate at least 30% of that impact. GM was among the many corporations to pull its annual guidance as it evaluated the impact of U.S. President Donald Trump’s tariffs, but eventually reinstated it to a lower annual adjusted core profit of between $10 billion and $12.5 billion.The company on Tuesday stood by that guidance. Beyond tariffs, GM’s underlying business in the quarter was solid. Sales in the U.S. market – its main profit center – rose 7%, while the company continued to command strong pricing on its pickup trucks and SUVs. GM swung back to a small profit in China, after losing money there a year earlier. With GM 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 GM alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including GM, 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 GM poised for similar growth? Don't miss the opportunity to find out.

Click Subscribe #GeneralMotors #GM #ProfitReport #Tariffs #StockMarket

Commercial Banks in Nepal Earned Rs. 53.97 Billion Profit in 11 Months – Who Earned How Much? Nepal’s commercial banks have reported a combined net profit of Rs. 53.97 billion by the end of Jestha 2082 BS (mid-June 2025). Compared to the previous month

Who’s making the most money? 💰📊
#NepalBanks #ProfitReport #BankingNews #Nepse #FinanceNepal #BankEarnings #NABIL #GBIME #NICAsia #NepalEconomy #CommercialBanks #NepaliFinance
allstocksinfo.com/commercial-b...

Click Subscribe #Ryanair #AviationNews #TravelIndustry #SummerTravel #ProfitReport

Click Subscribe #NipponSteel #JapanEconomy #SteelIndustry #MarketNews #ProfitReport

ConocoPhillips beats first-quarter profit target, announces CFO retirement (Reuters) - ConocoPhillips (NYSE:COP) beat Wall Street estimates for first-quarter profit on Thursday and said Chief Financial Officer Bill Bullock will retire after nearly four decades with the oil and gas producer. The company’s $22.5 billion acquisition of Marathon Oil (NYSE:MRO) in November has boosted ConocoPhillips’ presence in the Permian, Eagle Ford and Bakken basins, and added new operations in the Anadarko shale formation and Equatorial Guinea. ConocoPhillips’ first-quarter production stood at 2.38 million barrels of oil equivalent per day (MMBOED), up 487,000 boepd from the year-ago quarter. The higher output helped offset the impact of weak oil prices, which led to a 6% fall in the company’s total average realized price per barrel to $53.34. The company is confident about its "competitive advantage" amid the ongoing "volatile macro environment," CEO Ryan Lance said, and maintained its full-year production forecast at 2.34 to 2.38 MMBOED. ConocoPhillips reduced its full-year capital budget by $450 million to $12.3 billion-$12.6 billion, but kept its $10 billion shareholder returns target for the year largely unchanged. It spent $2.5 billion in shareholder returns in the quarter. Shares of the Texas-based company were up 2.3%. Investor focus will be on the company’s commentary regarding shareholder returns amid a weaker oil and macro environment, RBC Capital Markets analysts said in a note. On an adjusted basis, ConocoPhillips reported a profit of $2.09 per share for the reported quarter, above analysts’ average estimate of $2.06, according to data compiled by LSEG. Separately, ConocoPhillips said Andy O’Brien will succeed CFO Bullock, effective on June 1. ConocoPhillips completed several big-ticket deals during his tenure, including the sale of assets in Australia to Santos Limited in 2020, the $9.7 billion acquisition of Concho Resources (NYSE:CXO) in 2021, and the most recent Marathon Oil acquisition.

Click Subscribe #ConocoPhillips #CFOretirement #ProfitReport #StockMarket #InvestmentNews

Click Subscribe #Westpac #Australia #ProfitReport #BankingSector #FinancialNews

GM reports strong 1Q profit but says tariffs cloud earnings guidance General Motors Co. on Tuesday reported strong first-quarter results thanks in part to car buyers scrambling to avoid potential price hikes due to tariffs — a wild card causing the Detroit automaker to warn its previous guidance on profits this year should be ignored. GM's initial guidance projected profits of $13.7 billion to $15.7 billion this year. But those estimates do not factor in tariffs, Chief Financial Officer Paul Jacobson explained: "You shouldn't rely on that." GM is the first of Detroit's three automakers to open a window into its finances following the tariffs ordered by President Donald Trump. The impact on the auto industry remains uncertain as Trump flips between enacting pricey taxes on imported cars and granting temporary reprieves meant to spare GM, Ford Motor Co. and Stellantis NV from higher costs on imported parts. GM's adjusted pre-tax earnings in the first quarter hit close to $3.5 billion, and earnings per share of $2.78 outpaced analysts' expectations by 12 cents. "Given the evolving nature of the situation, we believe the future impact of tariffs could be significant," Jacobson said. "We are reassessing our guidance and look forward to sharing more when we have greater clarity." In late March, Trump announced the 25% auto tariffs on imported vehicles, citing national security and the need for a strong domestic supply chain. Trump has said the tariffs will increase U.S. production, create well-paying manufacturing jobs and increase federal revenues to reduce taxes and pay off national debt. But economists and the auto sector have warned that the comprehensive tariffs could be debilitating for the industry overall, especially because the multinational supply chain is so interconnected, particularly with Canada and Mexico. Estimates for the 25% tariffs on imported vehicles that went into effect earlier this month and 25% on auto parts set to take effect May 3 put the cost of the duties in the tens of billions of dollars. GM is handling the instability with caution. Jacobson told reporters that shifting policy is making the automaker hesitant about making major investments into U.S. manufacturing plants. Jacobson said the auto giant is not planning any major changes in response to tariffs, with the exception of boosting truck manufacturing in Fort Wayne, Indiana, as announced earlier this month. So far, the auto giant's reported earnings do not show major losses related to levies between January and March of this year. Sales were up 17% year over year, driven in part by consumers anxious to avoid rising price tags that could come from tariffs. "The industry undoubtedly benefitted from some pull-ahead demand from customers purchasing vehicles ahead of potential tariffs, particularly in March," Jacobson said. "This strong demand environment has continued into April where we have seen U.S. deliveries up more than 20% vs last year." Jacobson touted "a third consecutive quarter of sequential market share growth, a 53% increase in the sales of New Energy Vehicles," and equity income of $45 million last quarter in China. The Detroit automaker reported a rising share of the U.S. market, strong pricing and profit margins within its target range. “Consumers contemplating a new vehicle purchase are rushing to dealers before potential vehicle pricing implications take hold,” said Chris Hopson, principal analyst at S&P Global Mobility, in a statement. sballentine@detroitnews.com This article originally appeared on The Detroit News: GM reports strong 1Q profit but says tariffs cloud earnings guidance

GM reports strong 1Q profit but says tariffs cloud earnings guidance #GeneralMotors #GM #ProfitReport

BP reports lower-than-expected profit of $1.38 billion Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Click Subscribe #BP #ProfitReport #StockMarket #Investing #FinanceNews

Click Subscribe #Hyundai #EVs #ElectricVehicles #ProfitReport #AutomotiveNews