Stocks to watch next week: Tencent, Walt Disney, Cisco, Burberry and Rolls-Royce
View original at uk.finance.yahoo.com“The company reported total revenue of RMB184.5bn (£19.71bn), which was up 15% year-on-year and was around 3% higher than analyst forecasts, according to a Bloomberg report.”
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Focus on Burberry's recovery remains of paramount importance as stock still trading well below April 2023 record highs
80% confidenceRolls-Royce's stellar first-half performance showcased strong growth across all divisions
80% confidenceDisney's updated guidance was not as good as bulls likely hoped
80% confidenceExpectations are high going into Cisco's earnings report following UBS upgrade
80% confidenceMarket forecasts point to full-year underlying revenue growth of around 11% to £19.5bn and underlying operating profits growth of 32% to £3.3bn for Rolls-Royce
80% confidenceContinued recovery in global air travel has been major tailwind for civil aerospace division, while heightened geopolitical tensions and increased government spending supporting steady demand in defence and power systems
80% confidenceBurberry brand had moved away from traditional British traits of heritage and innovation, wishes to return to more focused traditional luxury brand with emphasis on outerwear
80% confidenceBurberry Forward turnaround strategy is clearly beginning to have a positive impact, but the transformation will take time to filter through
80% confidenceCisco experiencing multi-year growth cycle boosted by AI infrastructure demand, with over $2bn in AI orders in FY2025
80% confidenceCompany's performance came as it continued to invest in and benefit from utilizing AI
80% confidenceMarketing services revenue continued to see rapid growth
80% confidence
Data points we hold from this source
| The Walt Disney Company · revenue | 2.27 billion_USD |