Lower prices, stubborn costs could weigh on copper miners' quarterly results
by Yahoo Finance
Yahoo Finance— Freeport-McMoRan and Canada's Teck Resources are expected to post a combined adjusted net income of $666.3 million, according to LSEG estimates, compared with $1.43 billion in the year-ago quarter. Copper prices touched a multi-year high last month after major Chinese copper smelters agreed to limit capacity expansion. Despite the late rally, average benchmark copper prices were down about 5% during the quarter compared to last year, weighed by concerns over demand in top-consumer China and...
Wayfair Investor Relations—Wayfair - Wayfair Announces First Quarter 2024 Results, Reports Fourth Consecutive Quarter of Strong Profitability. Q1 Net Revenue of $2.7 billion with 22.3 million Active Customers Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total net revenue of $2.7 billion, decreased $45 million, down 1.6% year over year U.S. net revenue of $2.4 billion, decreased $24 million, down 1.0% year over year International net revenue of $338 million,...
@Marketplace—What to expect from Tesla ahead of quarterly results. Tesla reports Q1 results after the bell on Tuesday. The EV maker has slashed staff and the prices of its electric vehicles.
PR Newswire—COGNIZANT REPORTS FIRST QUARTER 2024 RESULTS. Revenue of $4.8 billion declined 1.1% year-over-year, or declined 1.2% in constant currency1, which was above the high-end of our guidance range Operating