Stock Analysts

Harman Beats on Q3 Earnings, Revs

Harman International Industries Inc. ( HAR ) reported earnings of $1.12 per share in the third quarter of fiscal 2014, which comprehensively beat the Zacks Consensus Estimate by 12 cents. Earnings per share jumped 41.8% from the year-ago quarter due to robust revenue growth and margin expansion. […]

Stock Analysts

EMCOR Beats on Q1 Earnings, Guides Up

Shares of EMCOR Group Inc. ( EME ) increased by a marginal 0.6% after the company reported robust first-quarter 2014 results on Apr 29. The company reported adjusted earnings of 64 cents per share easily surpassing the Zacks Consensus Estimate of 53 cents. […]

Stock Analysts

Kennametal Beats Q3 Earnings Ests, Revs Lag

Kennametal Inc. ( KMT ) reported adjusted earnings per share of 74 cents in third-quarter fiscal 2014 (ended Mar 31, 2014). The bottom-line result was 2 cents above the Zacks Consensus Estimate of 72 cents and increased 13.8% year over year. […]

Stock Analysts

Invesco Beats on Q1 Earnings, Hikes Dividend

Driven by impressive top-line growth, Invesco Ltd. ( IVZ ) reported first-quarter 2014 adjusted earnings of 60 cents per share, which beat the Zacks Consensus Estimate of 55 cents. Additionally, this was up 20.0% from the prior-year quarter figure of 50 cents. […]

Stock Analysts

Walter Energy Loss Widens, Misses Ests

Metallurgical coal producer Walter Energy Inc. ’s ( WLT ) operating loss per share of $1.50 per share in the first quarter of 2014 was wider than the Zacks Consensus Estimate of a loss of $1.10. In the year-ago quarter the company reported a loss of 64 cents […]

Stock Analysts

United Therapeutics Gains on Q1 Earnings

Shares of United Therapeutics ( UTHR ) continued to gain on the company’s first quarter results – shares were up 12.4% over two trading sessions since the earnings release. The company reported earnings of $2.43 per share in the first quarter, well above the Zacks Consensus Estimate of $1.57 and the year-ago earnings of $1.19 per share. Revenues, which increased 18.1% to $289.4 million, missed the Zacks Consensus Estimate of $296.0 million. […]

Stock Analysts

Marathon (MPC) Misses Q1 Earnings, Beats on Revs

Ohio-based independent oil refiner and marketer Marathon Petroleum Corp. ( MPC ) reported weak first quarter earnings, pulled down by higher turnaround costs and narrower crude differentials. It reflected in its share price on the NYSE, where it fell more than 2% in early trade. […]

Stock Analysts

Mylan Beats on Earnings, Misses on Sales

Mylan ’s ( MYL ) first quarter 2014 earnings (excluding special items) of 66 cents per share surpassed the Zacks Consensus Estimate by 3 cents. Earnings in the first quarter of 2014 climbed 6% from the year-ago quarter. The year-over-year rise was due to higher revenues […]

Stock Analysts

Amdocs Beats on Q2 Earnings & Revs

Amdocs Ltd. ( DOX ) reported strong financial numbers for the second quarter of fiscal 2014. The quarterly earnings came in at 76 cents a share that surpassed the Zacks Consensus Estimate of 73 cents and up 7.4% from the prior year quarter. […]

Stock Analysts

Xcel Energy Earnings, Sales Beat Ests

Xcel Energy Inc. ( XEL ) recorded operating earnings in the first quarter 2014 of 52 cents per share, up 4 cents from the year-ago quarter and also beating the Zacks Consensus Estimate by 4%. The earnings outperformance stemmed from higher electric and natural gas sales due to severe cold weather that drove demand, as well as from favorable rate increases in several service territories […]

Stock Analysts

PPL Corp. Beats on Q1 Earnings, Lags Revs

PPL Corporation ( PPL ) reported its first quarter 2014 earnings from ongoing operations of 80 cents per share, surpassing the Zacks Consensus Estimate of 68 cents by 17.6%. Quarterly earnings climbed 12.7% year over year due to improved performance from Pennsylvania Regulated (up 30%), Kentucky Regulated (up 14.3%) and U.K. Regulated (up 10.8%) segments […]

Stock Analysts

Greatbatch Beats on Q1 Earnings

Greatbatch, Inc. ’s ( GB ) 2014-first quarter adjusted earnings per share of 54 cents exceeded the year-ago level of 44 cents by 22.7% as well as the Zacks Consensus Estimate of 50 cents by 8.0%. Adjusted net earnings rose 30.0% to $14.0 million from $12.6 million in the first quarter of 2013. […]

Stock Analysts

Cardinal Health Earnings Fall but Beat by a Penny

Cardinal Health Inc. ( CAH ) posted adjusted earnings per share $1.01 for the third quarter of fiscal 2014 that fell 15.8% from $1.20 in the comparable quarter of fiscal 2013 but surpassed the Zacks Consensus Estimate by a penny. Adjusted net earnings dipped 15.3% to $349 million from $412 million in the third quarter of fiscal 2013 […]

Stock Analysts

Becton, Dickinson Beats on Q2 Earnings, Revs Lag

Medical technology major Becton, Dickinson and Company ( BDX ) reported fiscal 2014-second-quarter adjusted earnings per share from continuing operations of $1.53, reflecting a 10.1% rise (or 15.8% in constant currency) over the prior-year earnings of $1.39. Adjusted earnings per share also beat the Zacks Consensus Estimate by 3 cents. […]

Stock Analysts

Tesoro Corporation Beats on Q1 Earnings, Lags Revs

Independent refiner Tesoro Corporation ( TSO ) reported better-than-expected first-quarter 2014 earnings, owing to outstanding performance by Tesoro Logistics LP ( TLLP ), an unit of Tesoro Corporation. Improved margins from the retail segment also favored the results. […]

Mergers & Acquisitions

Vistra Acquires NC Trust BV in the Netherlands

Vistra Acquires NC Trust BV in the Netherlands PR Newswire AMSTERDAM, May 1, 2014 AMSTERDAM , May 1, 2014 /PRNewswire/ — Vistra, a leading global provider of trust, corporate and fund administration services, today announced the acquisition of NC Trust BV following approval of the deal from the Dutch Central Bank on 13 February 2014 . Established in 1984, NC Trust has operated as an independent boutique financial service provider serving elite Global 1000 companies, private equity and real estate firms and high net worth individuals. Specialising in the formation, management and administration of companies, partnerships and foundations for over 25 years, NC Trust offers expert guidance to corporate entities and individuals who have their holding, finance or investment activities in the Netherlands […]