#profit-forecast

#profit-forecast

Verizon raised its annual profit forecast, citing strong demand for premium plans and benefits from tax law changes, leading to a notable rise in shares.

Frasers Group anticipates adjusted pre-tax profits between £550 million and £600 million for the new financial year, reflecting little to no profit growth due to economic uncertainty and potential tax rises.

Honda Motor Co. has revised its forecast for a 59% profit decrease this financial year, citing challenges from U.S. tariffs and rising competition from Chinese EV producers.

Frasers reported a decline in customer confidence and tougher trading conditions, resulting in a lowered profit forecast for the current year, now expected to be between £550 million and £600 million.