Riverstone Earnings May Be Weighed by Persistent Glove Oversupply -- Market Talk

Dow Jones

2025/11/13

0303 GMT - Riverstone's earnings could be weighed by persistent glove oversupply, say Nomura's Heng Siong Kong and Aakash Kedia in a note. The Singapore-listed glove manufacturer noted new production capacities are coming up in Indonesia, Cambodia and Vietnam as Chinese glove makers attempt to circumvent U.S. tariffs. Riverstone has also found it difficult to compete on glove pricing after Indonesia allowed coal use in production, the analysts add. They cut their 2025, 2026, and 2027 earnings per share estimates by 21%, 19% and 22%, respectively, to reflect slower volume growth and average selling price recovery, in line with Riverstone's more cautious outlook amid U.S. tariff uncertainty. Nomura lowers its rating to neutral from buy and trims the target to S$0.78 from S$0.93. The stock is down 0.6% at S$0.855.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

November 12, 2025 22:03 ET (03:03 GMT)

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2583536229"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2583536229\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2583536229?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-13 11:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2583536229","market":"nz","top_or_hot":-1,"title":"Riverstone Earnings May Be Weighed by Persistent Glove Oversupply -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0303 GMT - Riverstone's earnings could be weighed by persistent glove oversupply, say Nomura's Heng Siong Kong and Aakash Kedia in a note. The Singapore-listed glove manufacturer noted new production capacities are coming up in Indonesia, Cambodia and Vietnam as Chinese glove makers attempt to circumvent U.S. tariffs. Riverstone has also found it difficult to compete on glove pricing after Indonesia allowed coal use in production, the analysts add. They cut their 2025, 2026, and 2027 earnings per share estimates by 21%, 19% and 22%, respectively, to reflect slower volume growth and average selling price recovery, in line with Riverstone's more cautious outlook amid U.S. tariff uncertainty. Nomura lowers its rating to neutral from buy and trims the target to S$0.78 from S$0.93. The stock is down 0.6% at S$0.855.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 12, 2025 22:03 ET (03:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"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>Riverstone Earnings May Be Weighed by Persistent Glove Oversupply -- Market Talk</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nRiverstone Earnings May Be Weighed by Persistent Glove Oversupply -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-11-13 11:03</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0303 GMT - Riverstone's earnings could be weighed by persistent glove oversupply, say Nomura's Heng Siong Kong and Aakash Kedia in a note. The Singapore-listed glove manufacturer noted new production capacities are coming up in Indonesia, Cambodia and Vietnam as Chinese glove makers attempt to circumvent U.S. tariffs. Riverstone has also found it difficult to compete on glove pricing after Indonesia allowed coal use in production, the analysts add. They cut their 2025, 2026, and 2027 earnings per share estimates by 21%, 19% and 22%, respectively, to reflect slower volume growth and average selling price recovery, in line with Riverstone's more cautious outlook amid U.S. tariff uncertainty. Nomura lowers its rating to neutral from buy and trims the target to S$0.78 from S$0.93. The stock is down 0.6% at S$0.855.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 12, 2025 22:03 ET (03:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6511","symbol_name":"醫療保健服務概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2583536229","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583536229","pubTimestamp":1763002980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0303 GMT - Riverstone's earnings could be weighed by persistent glove oversupply, say Nomura's Heng Siong Kong and Aakash Kedia in a note. The Singapore-listed glove manufacturer noted new production capacities are coming up in Indonesia, Cambodia and Vietnam as Chinese glove makers attempt to circumvent U.S. tariffs. Riverstone has also found it difficult to compete on glove pricing after Indonesia allowed coal use in production, the analysts add. They cut their 2025, 2026, and 2027 earnings per share estimates by 21%, 19% and 22%, respectively, to reflect slower volume growth and average selling price recovery, in line with Riverstone's more cautious outlook amid U.S. tariff uncertainty. Nomura lowers its rating to neutral from buy and trims the target to S$0.78 from S$0.93. The stock is down 0.6% at S$0.855.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6511":"医疗保健服务概念","AP4.SI":"立合斯顿","BK6103":"医疗保健用品"},"translate_title":"Riverstone的盈利可能会受到手套持续供应过剩的影响——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AP4.SI":0.9},"content_text":"0303 GMT - Riverstone's earnings could be weighed by persistent glove oversupply, say Nomura's Heng Siong Kong and Aakash Kedia in a note. The Singapore-listed glove manufacturer noted new production capacities are coming up in Indonesia, Cambodia and Vietnam as Chinese glove makers attempt to circumvent U.S. tariffs. Riverstone has also found it difficult to compete on glove pricing after Indonesia allowed coal use in production, the analysts add. They cut their 2025, 2026, and 2027 earnings per share estimates by 21%, 19% and 22%, respectively, to reflect slower volume growth and average selling price recovery, in line with Riverstone's more cautious outlook amid U.S. tariff uncertainty. Nomura lowers its rating to neutral from buy and trims the target to S$0.78 from S$0.93. The stock is down 0.6% at S$0.855.(megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 12, 2025 22:03 ET (03:03 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}