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目前为止的Q3财报总结
Semiconductor recovery sends a strong signal: STMicroelectronics revised its 4Q guidance above estimates, boosted by a chip recovery amid improving electronic device and auto demand. Texas Instruments yesterday projected 4Q revenue that will top analysts’ estimates
Liquor industry is recovering, driven by the U.S. and China: Pernod Ricard’s sales decline was less than estimated and it had a “good start” in the U.S. and China. The maker of Absolut and Jameson said revenue should return to growth in the first six months of 2021. Earlier this week Remy Cointreau was helped by U.S. and China demand
Luxury is also benefiting from a rebound in Asia: Hermes’s sales beat estimates and revenue growth resumed in Asia-Pacific including Japan, led by the appetite of Chinese shoppers. LVMH’s rebound was also boosted by China
The stay-at-home and hygiene trends continue to help consumer products: Unilever’s sales growth exceeded estimates on demand for cleaners and comfort foods like ice cream. The strong performance echoes results from others like Reckitt Benckiser, Nestle and Procter & Gamble
Airlines will stay one of the hardest-hit industries from the pandemic: British Airways owner IAG further reduced capacity amid more travel restrictions and no longer expects to reach breakeven cash flows in 4Q.