For the MENA region
quarterly earnings growth (+9%) is projected to outpace revenue growth (+4%), implying improving margins, with both actual revenue and net income above Bloomberg consensus estimates.
India's housing finance firm HDFC rose 3.17 percent to 829.0 rupees but engineering giant Larsen and Toubro slid 7.46 percent to 901.95 rupees, on lower-than-expected
quarterly earnings growth.
After Kuwaiti banks, which are heavily exposed to rising stock prices in Kuwait, Arqm Capital expects banks in the UAE to deliver the second-highest
quarterly earnings growth in the Middle East and North Africa.
Industrial basic research has failed to demonstrate a return on investment that satisfies the ravenous appetite of Wall Street for
quarterly earnings growth. So companies have increasingly directed capital to applied research and development, rather than basic invention and innovation.
Key findings were as follows: (1) acquiring a GED leads to greater
quarterly earnings growth; (2) earning a GED increases the probability of having non-zero earnings; (3) higher scores on GED tests lead to higher earnings; (4) the economic return on the GED is approximately the same for whites and minority group members earning the credential outside prison, but it is relatively large for whites and much smaller for minority group members earning the credential while incarcerated.
The performance extended Cardinal's skein of
quarterly earnings growth of 20% or more per share to 12 consecutive years.
"[A long] string of
quarterly earnings growth. He gives a great speech, and his results are excellent.