Car dealer Inchcape raises profit view; warns of chip shortage

Reuters2021-06-18

(Reuters) - Car dealership Inchcape said on Friday its current-year earnings will beat market estimates, helped by an uptick in demand following easing of pandemic-related restrictions. The company, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Nigelkhy
2021-06-21
Nigelkhy
Wow
paulinechuaa
2021-06-20
paulinechuaa
Good
NaiSoon
2021-06-20
NaiSoon
Ok
Terrence9189
2021-06-18
Terrence9189
Wow
Slow7
2021-06-18
Slow7
Ok
kanetan4
2021-06-18
kanetan4
Test

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2144224427?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-18 14:55","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2144224427","market":"us","top_or_hot":-1,"title":"Car dealer Inchcape raises profit view; warns of chip shortage","media":"Reuters","content":"<div>\n<p>(Reuters) - Car dealership Inchcape said on Friday its current-year earnings will beat market estimates, helped by an uptick in demand following easing of pandemic-related restrictions.\nThe company, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/car-dealer-inchcape-raises-profit-065553834.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Car dealer Inchcape raises profit view; warns of chip shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCar dealer Inchcape raises profit view; warns of chip shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/car-dealer-inchcape-raises-profit-065553834.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Car dealership Inchcape said on Friday its current-year earnings will beat market estimates, helped by an uptick in demand following easing of pandemic-related restrictions.\nThe company, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/car-dealer-inchcape-raises-profit-065553834.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IHCPF","symbol_name":"英之杰集团","start_time":0,"source_url":"https://finance.yahoo.com/news/car-dealer-inchcape-raises-profit-065553834.html","article_id":"2144224427","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2144224427","pubTimestamp":1623999353,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"(Reuters) - Car dealership Inchcape said on Friday its current-year earnings will beat market estima","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IHCPF":"英之杰集团","INCH.UK":"英之杰集团"},"translate_title":"汽车经销商英驰普上调盈利观点；芯片短缺警告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00699":0.9,"IHCPF":0.9,"INCH.UK":0.9},"content_text":"(Reuters) - Car dealership Inchcape said on Friday its current-year earnings will beat market estimates, helped by an uptick in demand following easing of pandemic-related restrictions.\nThe company, which sells new and used cars, including premium brands including BMW, Audi and Mercedes-Benz, said it expects 2021 profit before tax to be significantly higher than the market consensus of 216 million pounds.\nThat would still be lower than pre-pandemic annual earnings of 326 million pounds, but better than the profit of 129 million pounds for 2020.\nThe company's shares were expected to be up between 2% and 7%, according to premarket indicators.\nInchcape, however, warned that chip shortages and the pandemic remained major sources of uncertainty as it heads in to the second half of the year, adding that the impact to the company has been limited so far.\nA global pandemic-driven trend towards digitisation is fuelling unprecedented demand for semiconductors, causing a shortage of these chips for the auto industry, including for UK car dealers already suffering in the wake of Brexit.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":164215831,"gmtCreate":1624207084223,"gmtModify":1703830663948,"author":{"id":"3574303658713692","authorId":"3574303658713692","name":"Nigelkhy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574303658713692","authorIdStr":"3574303658713692"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164215831","repostId":2144224427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":164622817,"gmtCreate":1624202266639,"gmtModify":1703830567569,"author":{"id":"3580645142381164","authorId":"3580645142381164","name":"paulinechuaa","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":7,"crmLevelSwitch":1,"idStr":"3580645142381164","authorIdStr":"3580645142381164"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164622817","repostId":2144224427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":165256792,"gmtCreate":1624148564916,"gmtModify":1703829340681,"author":{"id":"3586216296180487","authorId":"3586216296180487","name":"NaiSoon","avatar":"https://static.tigerbbs.com/b1dab6589b39ab84f911eb0085e6abd1","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3586216296180487","authorIdStr":"3586216296180487"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165256792","repostId":2144224427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":166263008,"gmtCreate":1624012580804,"gmtModify":1703826524135,"author":{"id":"3581935635605090","authorId":"3581935635605090","name":"Terrence9189","avatar":"https://static.tigerbbs.com/5528b4c09a71e8a6dcc749d2c5301d60","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581935635605090","authorIdStr":"3581935635605090"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166263008","repostId":2144224427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":166661521,"gmtCreate":1624006639963,"gmtModify":1703826384394,"author":{"id":"3567851300562423","authorId":"3567851300562423","name":"Slow7","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3567851300562423","authorIdStr":"3567851300562423"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166661521","repostId":2144224427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":166823964,"gmtCreate":1624002895358,"gmtModify":1703826258171,"author":{"id":"3571438390993063","authorId":"3571438390993063","name":"kanetan4","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571438390993063","authorIdStr":"3571438390993063"},"htmlText":"Test","listText":"Test","text":"Test","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166823964","repostId":2144224427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":26,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2144224427"}