Month: October 2013

Shares of AGCO Corporation ( AGCO ) fell 9% since the company reported its third-quarter 2013 earnings on Oct 29 and said that it expects global industry demand to be flat in 2013. Even though earnings improved 32% to $1.27 per share from the prior-year quarter, it missed the Zacks Consensus Estimate of $1.29. Operational Updates Revenues in the reported quarter increased 7.9% year over year to $2.5 billion and was in line with the Zacks Consensus Estimate. […]

Regency Centers Corporation ( REG ) reported third-quarter 2013 core funds from operations (core FFO) per share of 65 cents, which beat the Zacks Consensus Estimate by 2 cents and the year-ago quarter figure by 3 cents. The results were driven by better-than-expected growth in revenue and higher net operating income (NOI). Notably, this retail real estate investment trust (REIT) also raised its core FFO per share guidance for 2013 […]

Shares of Armstrong World Industries, Inc. ( AWI ) have dropped 3% since it reported an 11% year-over-year decline in its third-quarter 2013 adjusted earnings to 87 cents per share on Oct 28. […]

BorgWarner Inc. ( BWA ) posted a 17.7% increase in adjusted earnings to $1.40 per share in the third quarter of 2013 compared with $1.19 in the third quarter of 2012. Earning per share outpaced the Zacks Consensus Estimate by 6 cents […]

Masimo Corporation ( MASI ) posted 13.0% rise in net earnings of $15.6 million or 27 cents per share in the third quarter of the year from $13.8 million or 24 cents per share in the same quarter of 2012. With this, earnings edged past the Zacks Consensus Estimate by a penny. Revenues in the quarter (including royalties) scaled up 10% to $131.4 million, nearly reaching the Zacks Consensus Estimate of $132.0 million. […]

Methanex Corporation ( MEOH ) posted earnings 90 cents a share in the third quarter of 2013 versus a loss of 3 cents a share registered a year ago. That missed the Zacks Consensus Estimates of 99 cents. Methanex’s adjusted earnings before interest, tax, depreciation and amortization (EBITDA) amounted to $184 million in the quarter, a roughly 77% year-over-year jump. […]

Equity Residential ’s ( EQR ) normalized funds from operations (FFO) per share in third-quarter 2013 reached 73 cents, in line with the Zacks Consensus Estimate and the prior-year quarter figure. Quarterly results at this apartment real estate investment trust (REIT) were primarily driven by higher same store net operating income (NOI) and the benefit from stabilized Archstone properties. […]

Alpha Natural Resources Inc. ( ANR ) reported a loss of 61 cents per share for the third quarter of 2013, narrower than the Zacks Consensus Estimate of a loss of 76 cents. The loss per share was, however, wider than the year-ago loss of 16 cents. […]

Discovery Communications Inc. ( DISCA ) reported third-quarter 2013 financial results with both net earnings and revenues falling short of the Zacks Consensus Estimate. […]

Semiconductor solutions provider, QuickLogic Corporation ( QUIK ) reported in-line bottom results for third-quarter 2013, but it beat the estimates on top-line. The company posted net loss of 5 cents per share compared with 6 cents in the year-ago quarter. Moreover, quarterly consolidated loss incurred by this company, which invents and establishes customer-friendly solutions for mobile and portable electronics, narrowed 17.8% to $2.3 million from the loss of $2.8 million in the year-ago comparable quarter […]

PerkinElmer, Inc. ( PKI ) posted adjusted earnings per share (EPS) of 49 cents in the third quarter of 2013, exceeding the Zacks Consensus Estimate by a penny as well as the year-ago level of 45 cents by 8.9%. Reported figurers are impressive as they depict growth of 44% in EPS to 36 cents from 25 cents a year ago. […]

Food products company, Pilgrim’s Pride Corporation ( PPC ) reported strong results for the third quarter of 2013. Earnings per share was recorded at 62 cents, an impressive rise of 264.7% from the year-ago quarter. […]

Aegerion Pharmaceuticals, Inc. ( AEGR ) reported third quarter 2013 net loss per share of 43 cents, narrower than the Zacks Consensus Estimate of a loss of 49 cents and the year-ago loss of 59 cents. Net product revenues for the quarter were $16.3 million from Juxtapid, which is the sole marketed product at Aegerion. […]

Shares of Volcano Corporation ( VOLC ) lost 17.4% since it released a disappointing preliminary result for the third quarter of 2013 earlier this week. The precision guided therapy tools provider for the diagnosis and treatment of coronary and peripheral vascular disease is slated to release its exhaustive third-quarter results on Nov 4. […]

On Oct 28, we reaffirmed our Neutral recommendation on paint giant Sherwin-Williams ( SHW ). While we are encouraged by sustained healthy momentum in the company’s paint business, we maintain a cautious stance factoring in currency headwinds and volatility in raw material pricing. Why Held […]