Booking Holdings Inc. Q4 adjusted earnings Beat Estimates

Ansys Q4 Profit Rises

Ansys Inc. (ANSS), Wednesday reported fourth-quarter net income of $165.9 million or $1.91 per share, up from $153.2 million or $1.79 per share last year.

Adjusted earnings for the quarter were $2.24 per share, up from $2.13 per share last year.

Revenues for the fourth quarter rose to $486.2 million from $415.4 million last year. Adjusted revenues were $492.5 million, up from $418.0 million last year.

Analysts polled by Thomson Reuters estimated earnings of $1.98 per share on revenues of $469.41 million.

Looking forward to first quarter, the company expects adjusted earnings of $0.75 to $0.88 per share and revenues of $300 to $320 million. Analysts currently estimate earnings of $1.36 per share on revenues of $360.17 million.

For the full year 2020, Ansys expects adjusted earnings of $6.19 to $6.71 per share and revenues of $1.64 billion to $1.70 billion. Analysts currently estimate earnings of $6.76 per share on revenues of $1.68 billion.

Brexit deal: UK withdrawal could be delayed

More parliamentary debate and more uncertainty with Brexit now barely a month away.

    The UK parliament is going to vote on five proposed amendments to the prime minister’s Brexit plans.

    Theresa May has been trying to find common ground with MPs and change parts of her deal to gain their support after they overwhelmingly rejected her draft Brexit agreement last month.

    Al Jazeera’s Laurence Lee reports from London.

    Nicaragua resumes talks over political crisis after long delay

    Negotiations between the government and the opposition stalled last year over a violent crackdown on protests demanding the resignation of President Daniel Ortega.

      Talks to resolve Nicaragua’s political crisis have resumed in the capital Managua.

      Negotiations between the government and the opposition stalled last year over a violent crackdown on protests demanding the resignation of President Daniel Ortega.

      Dozens of protesters arrested during the unrest were released before Wednesday’s meeting.

      Al Jazeera’s Manuel Rapalo reports.

      US: Pharmaceutical heads urged by congress to curb drug prices

      The heads of seven top companies have given evidence before a Senate finance committee on the rising cost of medicines.

        The heads of seven top pharmaceutical companies in the United States have been urged to do more to lower drug prices for consumers.

        The industry leaders were giving testimony before a Senate finance committee on the rising cost of medicines.

        It is expected to be a major issue in the 2020 presidential election campaign.

        Al Jazeera’s Alan Fisher reports from Washington, DC.

        COVID-19: Trump downplays U.S. outbreak, spurring new credibility test

        President Donald Trump faces a critical challenge in grappling with the new coronavirus outbreak: Asking Americans to believe him after he and top advisers have contradicted federal scientists in playing down the threat.

        The stakes could be enormous from a public health and economic perspective, and also for Trump’s personal credibility.

        Cuba referendum: Results expected Monday

        Ballots are being counted for the draft constitution that many say could open the country’s economy up to the world.

          Ballots are being counted in Cuba after millions of people voted on whether to approve a new constitution.

          The government says it offers more freedoms while still embracing communism as the official political ideology.

          But the proposed constitution has been divisive, with some saying it doesn’t go far enough, while others fear it is too socially liberal.

          Al Jazeera’s Mariana Sanchez reports from Havana.

          A literary festival in Pakistan's Lahore draws thousands

          Amid Kashmir tensions, writers from India, Pakistan and around the world discuss politics and art.

            While security has been tightened in the Indian-administered Kashmir region after the worst attack in decades, a bevvy of international authors has gathered in Pakistan’s cultural hub, Lahore for a literary festival.

            The organisers are hoping that the cultural exchange will lead to more understanding among participants.

            But that’s tempered by greater government scrutiny.

             

            Al Jazeera’s Osama Bin Javaid reports from Lahore,

            Saudi Arabia suspends entry for Umrah, visits to Al Masjid Al Nabawy amid coronavirus

            CAIRO (Reuters) – Saudi Arabia temporarily suspended entry to the kingdom for the Umrah Islamic pilgrimage and visits to al Masjid Al Nabawy in Medina, the ministry of foreign affairs announced on Twitter on Thursday amid fears over the spread of the new coronavirus.

            The kingdom has also suspended entry to Saudi Arabia for anyone with tourism visas from countries where coronavirus is a threat. The Foreign Ministry called on citizens not to travel to countries where the new coronavirus is spreading.

            Booking Holdings Inc. Q4 adjusted earnings Beat Estimates

            Booking Holdings Inc. (BKNG) announced earnings for its fourth quarter that climbed from the same period last year.

            The company’s bottom line came in at $1.17 billion, or $27.75 per share. This compares with $0.65 billion, or $13.86 per share, in last year’s fourth quarter.

            Excluding items, Booking Holdings Inc. reported adjusted earnings of $0.98 billion or $23.30 per share for the period.

            Analysts had expected the company to earn $22.04 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

            The company’s revenue for the quarter rose 4.0% to $3.34 billion from $3.21 billion last year.

            Booking Holdings Inc. earnings at a glance:

            -Earnings (Q4): $0.98 Bln. vs. $1.05 Bln. last year.
            -EPS (Q4): $23.30 vs. $22.49 last year.
            -Analysts Estimate: $22.04
            -Revenue (Q4): $3.34 Bln vs. $3.21 Bln last year.