Persistent Systems Q3 Results Preview: Shares drop 5% ahead of earnings
Persistent Systems' shares drop over five percent ahead of Q3 FY25 results. Revenue and profit expected to grow sequentially, ...
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EBITDA Interest Coverage Ratio: What Is It, Calculation & Importance
The EBITDA Interest Coverage Ratio is a financial metric that measures a company’s ability to meet its interest obligations using its earnings before interest, taxes, depreciation, and ...
Banks to kick off Q4 earnings on Wednesday — here's what to expect
Bank of America (NYSE: BAC) Chairman and CEO Brian Moynihan is confident that Q4 net interest income will reach $14.3B, ...
Wells Fargo raises interest income forecast as strong dealmaking drives profit beat
Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it ...
PostNL cuts 2024 profit forecast again, citing 'unsustainable' business model
Dutch postal operator PostNL cut its 2024 operating profit forecast for the second time on Monday, with its top executive citing less seasonal mail than expected in December and an "unsustainable" ...
Old National Bancorp 4Q Net Rises as Net Interest Income Grows
Old National Bancorp's fourth-quarter net income rose 16% as robust growth in net interest income and wealth-management fees generated higher-than-anticipated adjusted earnings. The Evansville, Ind., ...