Stock Analysts

PG&E Misses on Earnings, Revs Beat

PG&E Corporation ’s ( PCG ) adjusted operating earnings per share of 54 cents in the first quarter of 2014 lagged the Zacks Consensus Estimate of 68 cents. The reported figure also trailed the year-ago number of 63 cents by 14.3%. The uninspiring earnings reflect the negative impact of unrecovered costs in the natural gas business and an increase in outstanding shares […]

Stock Analysts

Barrett Business Services’ Q1 Loss Wider than Expected

Barrett Business Services Inc. ( BBSI ) reported first-quarter 2014 loss per share of 50 cents, which was wider than the Zacks Consensus Estimate loss of 49 cents. Loss also widened from the year-ago loss of 36 cents, primarily due to higher effective payroll taxes and higher share count. […]

Stock Analysts

Atmel Beats on Q1 Earnings

Atmel Corporation ( ATML ) reported first quarter 2014 non-GAAP net income (excluding one-time items) of $29.1 million or 7 cents per share compared with $13.6 million or 3 cents per share in the year-ago quarter. Adjusted earnings for the reported quarter beat the Zacks Consensus Estimate of 2 cents. The year-over-year improvement in earnings is primarily due to higher revenues and lower operating expenses […]

Stock Analysts

Barrick’s Profit Slides, but Earnings Beat

Barrick Gold Corporation ’s ( ABX ) adjusted earnings (excluding one-time items) for the first quarter of 2014 plummeted to 20 cents per share from 92 cents in the year-ago quarter but managed to beat the Zacks Consensus Estimate by a penny. Lower metal prices and a decline in gold sales volumes led to the decline in earnings. On a reported basis, net income in the first quarter was $88 million or 8 cents per share, down roughly 90% from net income of $847 million or 85 cents per share in the prior-year quarter. […]

Stock Analysts

Regis Q3 Loss Widens, Revs Beat

Regis Corporation ( RGS ) posted fiscal third-quarter 2014 adjusted loss of 15 cents, which compared unfavorably with the Zacks Consensus Estimate of a loss of 6 cents and the year-ago earnings of 1 cent. Cost savings initiatives, reduced bonuses, improved cost of product, and lower marketing costs could not offset the impact of weak same-store sales and increase in depreciation expenses. Share price of this hairstyling and hair-care salon company declined 0.23% following the release […]

Stock Analysts

Grand Canyon Education Beats on Q1 Earnings & Rev

Grand Canyon Education Inc.’s ( LOPE ) first-quarter 2014 earnings of 56 cents a share beat the Zacks Consensus Estimate and the company’s expectation of 51 cents by 9.8%. Earnings climbed 21.7% year over year due to solid revenue growth, strong operating margins and lower taxes. […]

Mergers & Acquisitions

Napleton’s Auto Group acquires former Rosen Kia dealership

Napleton’s Auto Group acquires former Rosen Kia dealership Napleton’s Elgin Kia expresses excitement for new company PR Newswire ELGIN, Ill., May 1, 2014 ELGIN, Ill. , May 1, 2014 /PRNewswire-iReach/ — It is with much pride and excitement that Napleton’s Elgin Kia announces its acquisition of the former Rosen Kia dealership, located at 845 E. Chicago St., Elgin, Ill […]

Downgrades

CACI International Inc. (CACI) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of CACI International Inc. (CACI) from OUTPERFORM to NEUTRAL on May 01, 2014, with a target price of $73.00. CACI International reported relatively modest third quarter fiscal 2014 results with adjusted earnings well exceeding the Zacks Consensus Estimate, although GAAP earnings and revenues decreased year over year […]

Downgrades

SHARPS COMPLIAN (SMED) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of SHARPS COMPLIAN (SMED) from NEUTRAL to UNDERPERFORM on May 01, 2014, with a target price of $3.90. Headquartered in Houston, Texas, SHARPS COMPLIANCE is a leading provider of cost-effective disposal solutions for small quantity generators of medical waste. […]

Upgrades

XOOM CORP (XOOM) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of XOOM CORP (XOOM) from NEUTRAL to OUTPERFORM on May 01, 2014, with a target price of $24.20. Xoom Corporation offers online money transfer services. The Company provide services which consist of cash pickup, bank deposits and home delivery, send money online directly to bank accounts and receive money in local currency or United States dollars. […]

Mergers & Acquisitions

TripAdvisor Acquires Vacation Home Rentals

TripAdvisor Acquires Vacation Home Rentals PR Newswire NEWTON, Mass., May 1, 2014 NEWTON, Mass. , May 1, 2014 /PRNewswire/ — TripAdvisor, Inc. (NASDAQ: TRIP), today announced it has acquired Vacation Home Rentals, a Massachusetts -based vacation rentals website. […]

Stock Analysts

Wider-than-expected Loss at Alkermes, Revenues Slip

Alkermes ( ALKS ) reported a loss of 5 cents per share (including depreciation and stock based compensation expense) in the first quarter of 2014, wider than the the Zacks Consensus Estimate of a loss of a penny. Moreover, first quarter 2014 results compared unfavorably to the year-ago earnings of 29 cents per share. Lower revenues and higher costs hurt results in the first quarter of 2014. […]

Stock Analysts

CBRE Q1 Earnings Beat on Higher Revs

Aided by higher revenues, CBRE Group Inc. ( CBG ) reported first-quarter 2014 adjusted earnings of 25 cents per share, well ahead of the Zacks Consensus Estimate of 17 cents per share and up 56% year over year. On a GAAP basis, CBRE reported earnings of 20 cents per share, reflecting an 82% hike from 11 cents earned in the prior-year quarter […]