Month: February 2014

Cigna Corp. ’s ( CI ) fourth-quarter 2013 net operating earnings of $1.39 per share lagged the Zacks Consensus Estimate of $1.48 per share. Earnings were also down 11.5% year over year […]

Vodafone Group plc ( VOD ) announced its interim management statement for the third quarter ended Dec 31, 2013 on Feb 6. The company recorded consolidated revenue of £10.977 billion (approximately $17.8 billion), which was down 3.6% year over year on a reported basis and 4.3% on an organic basis. Group service revenues (91% of total revenue) dropped 3.3% year over year to £9.856 billion (approximately $15.95 billion) on a reported basis and decreased 4.8% on an organic basis given the impact of a challenging European economy along with rising regulatory and competitive pressures […]

TransDigm Group Incorporated ( TDG ) reported strong first-quarter fiscal 2014 results on Feb 4, 2014, after which the stock gained 0.9% on Feb 5 and 0.2% on Feb 6, 2014. Following the earnings results, although the estimates for fiscal 2014 contracted 1.7%, the estimates for fiscal 2015 surged 4.0%. First-quarter results were primarily driven by the company’s strategic acquisitions in fiscal 2013, improving commercial aftermarket and strength in commercial aerospace. […]

Prestige Brands Holdings, Inc. ’s ( PBH ) earnings (excluding special items) of 30 cents per share in the third quarter of fiscal 2014 missed the Zacks Consensus Estimate of 38 cents as well as the year-ago figure of 37 cents. Revenues of $146.2 million were down 8.7% from a year ago and missed the Zacks Consensus Estimate of $156 million. […]

Although shares of Portfolio Recovery ( PRAA ) moved up slightly subsequent to the company’s recent endeavor toward expanding its U.K operations, it failed to retain the momentum thereafter. On Feb 4, 2014, the company had announced the buyout of the Individual Voluntary Arrangements (IVA) Master Servicing Platform and other operating assets related with it from Pamplona Capital Management, LLP (PCM). […]

Onshore contract driller Patterson-UTI Energy Inc. ( PTEN ) reported better-than-expected fourth-quarter 2013 results, owing to improved average rig revenue per operating day along with increased gross margin in the Contract Drilling business unit. The results were however partially offset by hike in operating expenses […]

Activision Blizzard Inc. ( ATVI ) reported earnings of 76 cents in the fourth quarter of 2013, which comfortably beat the Zacks Consensus Estimate by 6 cents. Earnings (including stock-based compensation but excluding one-time items) improved 1.3% from the year-ago quarter […]

Alcatel Lucent Soci ( ALU ) reported a modest fourth-quarter and strong full-year 2013, after struggling for almost two years to transform itself into a profitable company. For the fourth quarter, the company reported adjusted earnings of €0.06 per diluted share ($ 0.08) per ADS, which includes restructuring charges of Euro (105) million, a net financial loss of Euro (161) million, an adjusted tax benefit of Euro 79 million, and non- controlling interest of Euro (22) million. […]

Broadridge Financial Solutions Inc. ( BR ) reported adjusted earnings of 25 cents in the second quarter of 2014, which lagged the Zacks Consensus Estimate of 28 cents. Nonetheless, reported earnings improved 44.7% from the year-ago quarter primarily aided by margin expansions and share buybacks. […]

Leading hospitality company, Wyndham Worldwide Corporation ( WYN ), posted mixed fourth-quarter 2013 results. The company’s fourth-quarter adjusted earnings of 73 cents per share missed the Zacks Consensus Estimate of 74 cents by a penny which we believe was due to higher total expenses. […]

Robot maker, iRobot Corporation ( IRBT ) reported fourth-quarter 2013 results, showing year-over-year improvement in both earnings and revenues. The company posted earnings of 11 cents a share which compared favorably with a loss of 21 cents in the year-ago quarter. […]

Aided by higher revenues, Credit Suisse Group ( CS ) reported fourth-quarter 2013 adjusted net income of CHF 1,321 million ($1,462.1 million) up 11% from the year-ago quarter. For 2013, the adjusted net income was CHF 5.8 billion ($6.4 billion), up 16% from 2012. Credit Suisse’s results came on the back of increased revenues in the Private Banking & Wealth Management segment as well as Investment Banking segment. […]

Shares of Simpson Manufacturing Co., Inc. ( SSD ) gained 0.41% on reporting upbeat third-quarter 2013 earnings on Feb 6. […]

Advance Auto Parts Inc. ( AAP ) saw a 6.8% rise in comparable earnings to 94 cents per share in the fourth quarter of fiscal 2013 from 88 cents in the prior-year quarter. It also exceeded the Zacks Consensus Estimate by 16 cents per share. […]

Covance Inc. ( CVD ) reported adjusted earnings per share (EPS) of 87 cents in the fourth quarter of 2013. The results beat the year-ago figure by 18.6% and was ahead of the Zacks Consensus Estimate by 3 cents […]

Canada’s leading telephone operator BCE Inc. ( BCE ) reported fourth-quarter 2013 adjusted earnings of 70 Canadian cents per share (63 cents per ADS), missing the Zacks Consensus Estimate of 65 cents. The results however, improved 16.7% from 60 Canadian cents (65 cents per ADS) in the year-ago quarter owing to a higher EBITDA at Bell. […]