Fri, Dec 11, 2020 4:00 PM
TCS enhances presence in Texas with new office space in Austin
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Chevron Corp. surpassed expectations for a second straight quarter as strong oil-production growth from recent acquisitions helped the company take advantage of crude prices above $80 a barrel. Adjusted first-quarter profit of $2.93 a share was 3 cents higher than the average of analyst estimates in the Bloomberg Consensus. Crude-oil output of almost 2 million barrels a day exceeded forecasts.
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ACC Limited has demonstrated significant improvements across all financial metrics. In the latest quarter, the company achieved a revenue growth of 13 per cent, with Operating EBITDA soaring by 79 per cent. This remarkable performance is reflected in the EBITDA margin, which increased from 9.8 per cent to 15.5 per cent.
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U.S. stock futures were higher this morning, with the Nasdaq futures gaining over 150 points on Friday. Shares of Intel Corporation INTC shares fell sharply in today’s pre-market trading after the company reported worse-than-expected first-quarter sales results and issued EPS guidance below estimates. Quarterly sales came in at $12.72 billion, which missed the analyst consensus estimate.
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