Month: August 2014

Chesapeake Energy Corp. ( CHK ) reported second-quarter 2014 adjusted earnings of 36 cents per share, falling behind the Zacks Consensus Estimate of 44 cents. Also, the reported figure deteriorated from the year-earlier profit of 51 cents. […]

MGM Resorts International ( MGM ) posted mixed second quarter 2014 results. Earnings beat the Zacks Consensus Estimate while revenues missed the same, though marginally. Share price of this casino company declined 2.2%, which we believe was due to the concern related to slowdown in Macau gambling revenues […]

Following the settlement of certain mortgage-related issues, Morgan Stanley ( MS ) restated its second-quarter 2014 earnings, per its latest quarterly filing. The company’s earnings per share from continuing operations now stand at 92 cents, down from 94 cents reported on Jul 17. Notably, Morgan Stanley’s adjusted earnings per share from continuing operations declined by 2 cents per share to settle at 58 cents […]

Russian miner Mechel OAO ( MTL ) has released its operational results for the second quarter of 2014. Mechel's coal production was 5,633,000 tons in the quarter, an increase of 1% sequentially. Steel production went up 6% from the previous quarter to 1,096,000 tons […]

MWI Veterinary Supply, Inc. ( MWIV ) reported third-quarter fiscal 2014 earnings per share (EPS) of $1.52, up a significant 15.2% year over year and ahead of the Zacks Consensus Estimate of $1.50 by 1.3%. […]

Provider of telecommunication services to rural areas Frontier Communications Corporation ( FTR ) reported its second-quarter 2014 adjusted earnings per share of 5 cents, in line with the Zacks Consensus Estimate. The bottom line, however, declined 16.7% on a year-over-year basis. A decline in revenues primarily impacted earnings in the quarter. […]

CenterPoint Energy, Inc. ( CNP ) reported second quarter 2014 earnings of 25 cents per share, surpassing the Zacks Consensus Estimate by 4.2%. The upside was primarily due to a higher customer count despite the milder weather […]

Parker-Hannifin Corporation ( PH ) reported fourth quarter and fiscal 2014 financial results. For the fourth quarter, the company reported adjusted earnings per share of $2.06 which missed the Zacks Consensus Estimate by a penny. However, quarterly earnings were up 15.7% year over year. […]

Independent oil & gas operator WPX Energy Inc. ( WPX ) reported earnings of 6 cents per share in the second quarter, which convincingly beat the Zacks Consensus Estimate of a loss of 10 cents by 160%. […]

Groupon Inc. ( GRPN ) reported second-quarter loss of 2 cents per share (including stock-based compensation, acquisition-related expenses and tax impact), which compared unfavorably with earnings of 2 cents reported in the year-ago quarter. […]

Natural gas company Spectra Energy Corp. ( SE ) reported second-quarter 2014 earnings per share from continuing operations of 22 cents, lagging the Zacks Consensus Estimate of 30 cents. Moreover, the results were down 26.7% from 30 cents in the year-ago quarter […]

DryShips Inc. ( DRYS ) declared better-than-expected second quarter of 2014 financial results. All three reporting segments of the company, namely, Drybulk Carrier, Oil Tanker and Offshore Drilling performed strongly […]