Apple Supplier Hon Hai Shares Fall 1.9 Percent After Second Quarter Results Miss Estimates

Sharing is Caring!

via RTRS 

For the quarter ended June, Foxconn reported a net profit of T$17.49 billion ($567.25 million), versus T$17.9 billion a year ago. This was below a mean estimate of T$21.936 billion ($711.45 million) from nine analysts polled by Thomson Reuters I/B/E/S. It did not elaborate on its earnings.

See also  Corrupt Brad Raffensperger Caught After Chain Of Custody Missing

***

See also  School Board Meeting Cut Short, Parent Arrested after Fiery Speech on CRT, Transgender Policy

We have positioned ourselves accordingly:

AAPL (weekly) likely experiencing a blowoff top

How are there no analysts with sell recommendations?

616 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.