earnings drop News

Porsche's Stock Plummets 7% Following Shock Earnings Drop and Revised 2025 Forecast

Porsche AG's shares dropped over 7% after reporting a 44% plunge in profit after tax to €518 million and slashing its 2025 revenue and return on sales forecasts, leading to a signi...

Porsche's Stock Plummets 7% Following Startling Earnings Drop and Forecast Cut

Porsche AG's shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling potential challenges ahead.

BP Faces Sharp 74% Drop in Q1 Profits, Earnings Plummet to $687 Million

BP reports a shocking 74% plunge in Q1 profits, with earnings dropping to $687 million. Analysts are investigating the causes, including oil price volatility and operational issues...

SLB Reports a 3% Dip in Q1 Revenue to $8.49 Billion Amid Global Challenges

SLB announced a 3% year-on-year revenue decline to $8.49 billion in Q1 2025, with net income dropping by 25%. CEO Olivier Le Peuch cited regional challenges and opportunities affec...