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Highwoods Properties Q2 Profit Declines, But Beats Estimates

Teradyne Inc. Q3 Profit Decreases, but beats estimates

Teradyne Inc. (TER) revealed earnings for third quarter that decreased from the same period last year but beat the Street estimates.

The company’s earnings totaled $183.49 million, or $1.10 per share. This compares with $256.72 million, or $1.41 per share, in last year’s third quarter.

Excluding items, Teradyne Inc. reported adjusted earnings of $189.2 million or $1.15 per share for the period.

Analysts on average had expected the company to earn $1.04 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 13.0% to $827.07 million from $950.50 million last year.

Teradyne Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $183.49 Mln. vs. $256.72 Mln. last year.
-EPS (Q3): $1.10 vs. $1.41 last year.
-Analyst Estimates: $1.04
-Revenue (Q3): $827.07 Mln vs. $950.50 Mln last year.

-Guidance:
Next quarter EPS guidance: $0.62 – $0.86
Next quarter revenue guidance: $670 – $750 Mln

Juniper Networks Q3 Profit Increases, beats estimates

Juniper Networks (JNPR) revealed a profit for its third quarter that increased from last year and beat the Street estimates.

The company’s earnings totaled $121.5 million, or $0.37 per share. This compares with $88.9 million, or $0.27 per share, in last year’s third quarter.

Excluding items, Juniper Networks reported adjusted earnings of $190.8 million or $0.58 per share for the period.

Analysts on average had expected the company to earn $0.50 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 18.5% to $1.41 billion from $1.19 billion last year.

Juniper Networks earnings at a glance (GAAP) :

-Earnings (Q3): $121.5 Mln. vs. $88.9 Mln. last year.
-EPS (Q3): $0.37 vs. $0.27 last year.
-Analyst Estimate: $0.50
-Revenue (Q3): $1.41 Bln vs. $1.19 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.59 – $0.69
Next quarter revenue guidance: $1.425 – $1.525 Bln

Boston Properties Inc. Reports Advance In Q3 Profit, Beats estimates

Boston Properties Inc. (BXP) reported earnings for its third quarter that increased from the same period last year and beat the Street estimates.

The company’s earnings totaled $360.98 million, or $2.29 per share. This compares with $108.30 million, or $0.69 per share, in last year’s third quarter.

Analysts on average had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 8.3% to $790.52 million from $730.06 million last year.

Boston Properties Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $360.98 Mln. vs. $108.30 Mln. last year.
-EPS (Q3): $2.29 vs. $0.69 last year.
-Analyst Estimate: $0.75
-Revenue (Q3): $790.52 Mln vs. $730.06 Mln last year.

Canadian National Railway Co Q3 Profit Beats Estimates

Canadian National Railway Co (CNR.TO) reported a profit for third quarter that beat the Street estimates.

The company’s earnings came in at C$1.46 billion, or C$2.13 per share. This compares with C$1.69 billion, or C$1.52 per share, in last year’s third quarter.

Excluding items, Canadian National Railway Co reported adjusted earnings of C$1.46 billion or C$2.13 per share for the period.

Analysts on average had expected the company to earn C$2.01 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 25.6% to C$4.51 billion from C$3.59 billion last year.

Canadian National Railway Co earnings at a glance (GAAP) :

-Earnings (Q3): C$1.46 Bln. vs. C$1.69 Bln. last year.
-EPS (Q3): C$2.13 vs. C$1.52 last year.
-Analyst Estimates: C$2.01
-Revenue (Q3): C$4.51 Bln vs. C$3.59 Bln last year.

Equity Residential Lifts FY22 Outlook

While reporting its third-quarter results on Tuesday, Equity Residential (EQR) revised its earnings guidance for the full year 2022.

Looking forward to full year 2022, the company now expects earnings of $2.02 to $2.04 per share, FFO per share of $3.49 to $3.51 and normalized FFO per share of $3.52 to $3.54.

Previously, the company epxected earnings of $1.98- $2.08 per share, FFO per share of $3.45 – $3.55, and normalized FFO per share of $3.48 to $3.58.

Analysts polled by Thomson Reuters currently estimate earnings of $1.46 per share for the year.

Highwoods Properties Q2 Profit Declines, But Beats Estimates

Highwoods Properties, Inc. (HIW) on Tuesday posted lower third-quarter income, which, however, beat the Street estimates. The company also lifted its full year 2022 FFO outlook.

In the third quarter, the company’s net income declined to $38.3 million, or $0.36 per share from $72.1 million, or $0.69 per share in the same period last year.
On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of $0.32 per share in the quarter.

Funds from operations was $111.6 million, or $1.04 per share, for the third quarter of 2022, higher than $102.8 million, or $0.96 per share, in the third quarter of last year.

Rental and other revenues climbed to $207.0 million from $195.5 million a year ago.

Looking ahead, the Company updated its full year 2022 FFO outlook to $4.02 to $4.04 per share, from the earlier range of $3.92 to $4.00 per share. This raise was due to the impact of higher anticipated interest rates and the early repayment in the fourth quarter of the January 2023 unsecured notes.