Rolls Royce beats earning expectations

Source: Dukascopy Bank SA


The aero-engineering company Rolls-Royce has beat its first-half-year earnings expectations and has increased 2023 profit forecast by 45%. The announcement caused a 24.00% surge of the company's stock price. In addition, the stock has reached highest levels since March 2020.

The company's earnings have been boosted by operational improvements, recovery of long range aero flights and increased global military spending. Rolls Royce expects the 2023 full year profit to be in the range between $1.6 and $1.8 billion.
Back to articles

Actual Topics

Wed, 26 Jul 2023 13:31:21 GMT

Alphabet stock opens higher

The stock price of Alphabet has started the day's New York trading with a gap up of 6.43% or $7.86. The surge of the company's value was caused by the company reporting better than expected second-quarter profit. Profits were boosted by steady demand for cloud services and a recovery in advertising. Moreover, some analysts noted that the company has

Tue, 25 Jul 2023 14:08:54 GMT

RTX stock price plummets on news

RTX Corporation, which previously was known as Raytheon Technologies Corporation, has revealed that a major portion of its Pratt & Whitney GTF engines require removals and inspections. The engines are used in the Airbus A320neo jets. The announcement caused a stock price drop of more than 15.50% during the first half hour of the day's New York stock trading

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.