Revenue was up about 12% from the same period last year, while operating profit grew about 130%, year on year. However, operating profit fell 29.3% to 6.5 trillion Korean won on a quarter-on-quarter basis.

PPG Industries missed Wall Street's fourth-quarter profit expectations on Thursday, due to lower demand for its industrial and architectural coatings products and weak prices.

During the fourth quarter of 2024, Tesla said it earned $2.3 billion in net income on $25.7 billion in revenue. That represents a 1.9 percent increase year over year compared to $25.2 billion in revenue in Q4 2023 and a 70 percent decrease in net income. (The company’s net income in Q4 2023 includes a one-time non-cash tax benefit of $5.9 billion.)

MADRID (Reuters) -Spain's Caixabank said on Thursday its net profit rose 33% in the fourth quarter from the same period in 2023 as a rise in fees and commissions more than offset lower lending income.

Tesla posted a rare earnings miss for the last quarter of 2024, coupled with disappointing results amid weak sales and revenue leading to thinning profit margins.

Tesla's fourth-quarter net income fell 71% from a year ago, when results were boosted by a one-time tax benefit.

By Abhirup Roy and Akash Sriram (Reuters) -Tesla quarterly results fell short of Wall Street targets on Wednesday as financing offers and discounts failed to boost demand for the aging lineup but eroded profit.