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6 results for “profit forecast”
Payments firm Fiserv cuts annual profit forecast, shares fall nearly 12% - Reuters
Fiserv, a major payments infrastructure provider, lowered its full-year 2024 profit guidance amid slowing revenue growth and rising operating costs, triggering an immediate 12% stock price decline.
Aug 6, 2026
Block reports Q2 revenue up 9% YoY to $6.62B, vs. $6.49B est., Cash App gross profit up 31% to $1.97B, and raises its FY 2026 gross profit forecast (Manya Saini/Reuters)
Block reported stronger-than-expected Q2 2024 financial results, with revenue up 9% year-over-year to $6.62B and Cash App gross profit up 31% to $1.97B, prompting an upward revision of its FY 2026 gross profit forecast.
Aug 6, 2026
Sony reports Q1 operating profit up 40% YoY to ~$2.92B, raises FY profit forecast by 8% to ~$10.56B, and says it secured enough memory chip supply for the FY (Sam Nussey/Reuters)
Sony reported a 40% year-over-year increase in Q1 operating profit to approximately $2.92 billion, raised its full-year profit forecast by 8% to $10.56 billion, and stated it has secured sufficient memory chip supply for fiscal year 2024.
Jul 31, 2026
Cognizant lifts annual profit forecast on strong financial services growth - Reuters
Cognizant raised its full-year 2024 profit guidance due to unexpectedly strong demand and delivery performance in financial services clients, signaling improved execution and sector-specific tailwinds.
Published Jul 29, 2026 · Analyzed Aug 1, 2026
Cadence reports Q2 revenue up 24.2% YoY to $1.58B and raises its annual revenue forecast to between $6.26B and $6.34B vs. $6.21B est.; CDNS up 4%+ after hours (Reuters)
Cadence Design Systems reported strong Q2 financial results and raised its full-year revenue and profit forecasts, citing increased demand for its AI-powered electronic design automation (EDA) tools used in chip and system development.
Jul 28, 2026
Tesla reports a negative Q2 free cash flow of $1.1B, its first in over two years, partly due to increased AI and robotic investments, amid diminishing profits (Reuters)
Tesla reported negative $1.1B free cash flow in Q2 — its first such quarterly outflow in over two years — driven by elevated spending on AI and robotics initiatives while automotive profit margins contracted.
Jul 23, 2026