getloaded @getloaded: "Dear copiers, Earnings season has arrived... $DANSKE.CO..."

United Kingdom

Dear copiers, Earnings season has arrived... $DANSKE.CO (Danske Bank A/S) bank delivered earnings for their Q3 period Friday, showing bigger profits largely driven by the higher interest rate level. The guidance for the full-year results was narrowed to be in the upper part of the range previously communicated. Overall, this result is as expected same is the remarks the CEO made regarding expectancy of bad loan quality among a select customer set. Similar picture has been shared by other banks and is to be expected as rates rise. Thursday $URW.PA (Unibail-Rodamco-Westfield) reported Q3 earnings showing a 3.7% increase in revenue. Largest gain was shown in the Office & Others segment with 12.4%. An interesting read given how experts are shouting that commercial real estate is a dangerous area in the current economic environment. The deleveraging plan is nearly completed Europe while US market still has more to go before reaching the target. Overall, I am pleased with how the management is executing the deleveraging plan and also restoring growth to core business segments. $GOOG (Alphabet) released what I consider a solid earnings report. Double digit earnings growth returned but at a lower pace than what the market may have become accustomed to with Google. Given the higher levels of interest rates in the US and European markets, it is likely that many technology companies will go through a repricing exercise as the market digests growth forecasts and higher cost of financing. $SPX500 $FRA40 $LI.PA (Klepierre SA) $GOOGL (Alphabet Inc Class A)

7 Mentioned Show all

DANSKE.CO

Danske Bank A/S

URW.PA

Unibail-Rodamco-Westfield

GOOG

Alphabet

SPX500

FRA40

LI.PA

Klepierre SA

GOOGL

Alphabet Inc Class A