Month: February 2014

Stock Analysts

Is Perrigo (PRGO) Poised to Beat Earnings Estimates?

February 4, 2014 0

Perrigo Company plc ( PRGO ) is set to report second quarter fiscal year 2014 results on Feb 6 before the market opens. The company’s fiscal year ends on the last Saturday of June every year Last quarter, the company had delivered an earnings surprise of +8.57%. We expect the company to beat expectations in the second quarter as well […]

Stock Analysts

McGraw-Hill Posts Robust Q4 Earnings

February 4, 2014 0

McGraw Hill Financial, Inc . ( MHFI ) posted fourth-quarter 2013 adjusted earnings per share of 81 cents, which rose 12% from the year-ago quarter figure and beat the Zacks Consensus Estimate by a couple of cents. For 2013, adjusted earnings came in at $3.33, up 21% year over year and surpassing the Zacks Consensus Estimate of $3.31 […]

Mergers & Acquisitions

Seabridge Gold Reports Sale of Grassy Mountain NPI Not Proceeding

February 4, 2014 0

Seabridge Gold Reports Sale of Grassy Mountain NPI Not Proceeding PR Newswire TORONTO, Feb. 4, 2014 Trading Symbols: TSX: SEA NYSE: SA TORONTO , Feb. 4, 2014 /PRNewswire/ – Seabridge Gold today reported that its agreement to sell its 10% net profits interest in the Grassy Mountain Project for proceeds of US$7.5 million will not proceed […]

Stock Analysts

Clorox Q2 Earnings Miss Estimate

February 4, 2014 0

The Clorox Company ( CLX ) came up with lower-than-expected earnings for second-quarter fiscal 2014. The company’s earnings of 88 cents per share from continuing operations missed the Zacks Consensus Estimate of 91 cents and fell over 5% from the year-ago quarter figure of 93 cents. Quarterly earnings were negatively impacted from adverse foreign currency exchange rates and higher manufacturing and logistics costs as well as commodity costs, partially offset by increased pricing, higher volume and effective cost management […]

Stock Analysts

Lower Expenses Aid Old National Bancorp’s Earnings

February 4, 2014 0

Despite steady mergers and acquisitions, Old National Bancorp. ( ONB ) kept expenses under control and came out with fourth-quarter 2013 earnings of 25 cents per share, which were in line with the Zacks Consensus Estimate. However, this was 8.7% above the year-ago quarter figure of 23 cents […]

Stock Analysts

Eaton Beats Q4 Earnings Ests, Guides Well

February 4, 2014 0

Industrial manufacturer Eaton Corporation 's ( ETN ) fourth quarter earnings per share of $1.08 surpassed the year-ago figure of 82 cents by 32.0% and the Zacks Consensus Estimate of $1.06 by 1.9%. Eaton’s GAAP earnings during the fourth quarter were $1.00 per share, up 63% from 46 cents reported in the year-ago quarter. The difference between GAAP and operating earnings was due to charges of 8 cents related to integrating recent acquisitions. […]

Stock Analysts

Principal Financial Keeps Earnings Streak Alive in Q4

February 4, 2014 0

Principal Financial Group, Inc . ( PFG ) has successfully managed to keep its positive surprise streak alive with its fourth-quarter and full year 2013 earnings results. This investment manager reported operating net earnings of 96 cents per share in the fourth quarter of 2013, surpassing the Zacks Consensus Estimate by 3.2% and marking the fifth straight quarter of positive earnings surprise. […]