has cut expectations for the fiscal year as the computer and printer maker continues to face higher memory chip costs. HP had previously forecast adjusted earnings per share of $2.90 to $3.20 for the fiscal year. Analysts had expected $2.99 per share. For the current quarter, the company expects adjusted earnings per share of 70 cents to 76 cents. Analysts forecast 74 cents.
FIRST SOLAR
reported a higher profit in the fourth quarter, but its sales forecast for the current year was below analyst consensus. The solar energy company reported profit of $520.9 million, or $4.84 per share, compared with a profit of $393.1 million, or $3.65 per share, a year earlier. Sales rose to $1.68 billion from $1.51 billion the previous year. Analysts had expected $1.57 billion.
FORTESCUE
reported a 23 percent increase in net profit to $1.91 billion in the first half of the fiscal year. This was supported by record deliveries and higher prices for the raw material used to make steel.
WARNER BROS
The board wants to explore in further discussions with Paramount whether a better proposal than the agreement already reached with Netflix can be reached. If Warner concludes it would get a better proposal from Paramount, Netflix would have four business days to renegotiate and propose changes to the proposed transaction, Warner said.
WOOLWORTH
The Australian grocer posted a fall in first-half net profit due to a dispute over back pay. Still, the company increased its dividend and underlying performance improved. Net profit fell 49 percent to 374 million Australian dollars. Before special items, however, the profit amounted to 859 million Australian dollars, an increase of 16 percent. Group sales rose by 3.4 percent to 37.1 billion Australian dollars.
WISETECH
will cut around 2,000 jobs in the next few months as the logistics software provider relies on AI. The Australian company said it wanted to reduce the size of several internal teams by up to 50 percent as part of a so-called efficiency program. WiseTech, which reported a 2 percent rise in first-half adjusted net income to $114.5 million, expects AI to structurally reduce costs, improve scalability and automate processes, said CEO Zubin Appoo.
WORKDAY
posted a fourth-quarter profit of $145 million, or 55 cents per share, compared with $94 million, or 35 cents per share, in the year-ago period. Adjusted earnings per share were $2.47, compared with estimates of $2.32 per share, according to a survey of analysts by Factset. Sales rose 15 percent to $2.53 billion, while analysts had expected $2.52 billion. Going forward, Workday expects subscription revenue growth to slow.
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NOTE: This briefing may contain message elements that have been automatically translated from the original English version into German using artificial intelligence. The English language version should be considered the authoritative version.
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DJG/cln/gos/flf
(END) Dow Jones Newswires
February 25, 2026 01:55 ET (06:55 GMT)