Unity Bancorp (UNTY) posted net profit margins of 44.3%, up from last year’s 39.4%, with earnings growth of 35.9% over the past year and an 11.6% annual average over five years. Investors will note that revenue is forecast to grow 9.8% per year going forward, while earnings are expected to rise 3.25% annually. The stock’s…
Chinese makers of smart electric vehicles (EV) will have to redouble their efforts over the next few quarters to stay on track to break even as the brutal discount war in the world’s largest vehicle market shows few signs of abating. From Nio to Xpeng and Zeekr, China’s EV start-ups have been reporting smaller losses…
(Reuters) – Shares of Eicher Motors dropped nearly 7% on Tuesday as the Royal Enfield motorcycle maker’s heavy spending on new launches hurt profit margins, with analysts expecting the company’s focus on growth to keep the pressure on profitability. The stock was set for its biggest one-day decline since July 2023 and was the biggest…