Q4 results
India Inc Q4: Some 60% of firms lag profit estimates
Wed, May 09, 2018
According to a report by Motilal Oswal Securities Ltd (MOSL), overall profit after tax (PAT) growth has been below its estimates till now, largely dragged by Axis Bank. The report said the Q4 earnings season has been broadly in line with expectations in terms of revenue. “We expect the performance of corporate-focused private banks and PSU Banks to drag the aggregates in fourth-quarter,” it said. Approximately, 72% of 67 MOSL coverage companies have reported Ebitda either in line or above the estimates.
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Netflix crosses $100 billion market cap on robust subscriber growth
Tue, Jan 23, 2018
Netflix Inc added more global subscribers than expected in the fourth quarter, as the video streaming service provider kept viewers hooked with critically acclaimed shows such as "The Crown" and "Stranger Things," sending its shares up 7 percent in aftermarket trading to a record.
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