Month: February 2015

NuStar Energy LP ( NS ), the San Antonio-based publicly traded partnership, reported strong fourth-quarter results backed by improved performances across its Pipeline and Storage segments. NuStar’s earnings per unit (EPU) from continuing operations came in at 55 cents, beating the Zacks Consensus Estimate of 53 cents. The bottom line also increased from the year-ago quarter figure of 21 cents per unit […]

Shares of Quantum Corp. ( QTM ) have been trending downward since the company reported weak third-quarter fiscal 2015 results on Jan 29. Quantum’s total revenue fell short of the Zacks Consensus Estimate and declined year over year […]

Novo Nordisk ( NVO ) reported fourth-quarter 2014 earnings of 42 cents per American Depository Receipt (ADR), up 1.7% from the year-ago period. Revenues increased 4.2% year over year to $4.1 billion. The top-line was mainly driven by strong sales of Victoza and modern insulin including Levemir. […]

Methanex Corporation ( MEOH ) posted profits of $133 million in the fourth quarter of 2014, up 4% from $128 million reported a year ago. Earnings of $1.11 per share (treating stock-based compensation expense as a normal item) for the quarter beat the Zacks Consensus Estimates of 93 cents but were below $1.32 per share reported a year ago. In full-year 2014, the company’s adjusted earnings (excluding one-time items other than stock-based compensation expenses) came in at $4.38 per share, also surpassing the Zacks Consensus Estimates of $4.22 […]

ICICI Bank Ltd. ’s ( IBN ) third-quarter fiscal 2015 (ended Dec 31) net profit came in at INR28.89 billion ($458 million), up 14% from the year-ago quarter. Despite this year-over-year improvement, the bank’s ADRs fell over 5% on concerns about the consistent deterioration in its asset quality. […]

Global food products maker and distributor Sysco Corporation ( SYY ) reported second quarter of fiscal 2015 results. Adjusted earnings of 41 cents matched the Zacks Consensus Estimate, and increased 5.1% year over year as an improvement in sales made up for the ongoing cost pressure. Sysco Corporation – Quarterly EPS | FindTheBest Quarter in Detail Sysco's sales grew 7.6% on a year over year basis to $12.087 billion in the second quarter of fiscal 2015, driven by 3.6% volume growth (including acquisitions). […]

Haemonetics Corporation ( HAE ) reported adjusted earnings of 53 cents per share in the third quarter of fiscal 2015, down a significant 13.1% year over year but a couple of cents ahead of the Zacks Consensus Estimate. On a reported basis, Haemonetics posted earnings per share of 31 cents, unchanged from the prior-year quarter. The year-over-year decline in the adjusted results is mainly attributable to a decline experienced in Haemonetics' whole blood business' pricing and volume, which outweighed the benefits that management gained from Value Creation and Capture ("VCC") as well as other cost-saving initiatives. […]

Shares of Ally Financial Inc. ( ALLY ) declined nearly 7% following its earnings release on Jan 29, before the markets opened. However, the company’s fourth-quarter 2014 adjusted earnings of 40 cents surpassed the Zacks Consensus Estimate by a penny. […]

Veterinary healthcare services provider, IDEXX Laboratories, Inc. ( IDXX ), reported adjusted earnings per share (EPS) of 95 cents in the fourth quarter of 2014, up a robust 15.9% year over year. […]

Markets experienced a difficult month with all benchmarks closing in the red. Global economic concerns and a continual slump in fuel prices emerged as the major headwinds for stocks. The political situation in Greece also weighed on investor sentiment. […]

Shares of Berry Plastics Group, Inc. ( BERY ) gained over 4% after the company reported first-quarter fiscal 2015 (ended Dec 27, 2014) results on Jan 30. Adjusted earnings from continuing operations came in at 27 cents per share in the quarter, beating the Zacks Consensus Estimate by a penny. […]

Pitney Bowes Inc. ( PBI ) reported fourth-quarter 2014 adjusted earnings per share from continuing operations of 51 cents, which came in line with both the Zacks Consensus Estimate as well as the year-ago quarter figure. Profits during the quarter were driven by strength in the Digital Commerce Solution business. […]

Shares of ManpowerGroup Inc. ( MAN ) rallied 12.3% after this staffing company reported better-than-expected fourth-quarter 2014 results. Earnings per share of $1.47 and revenues of $5,121.1 million handily beat the Zacks Consensus Estimate of $1.43 per share and $5,118 million, respectively […]

Align Technology Inc . ( ALGN ) reported earnings of 48 cents per share in the fourth quarter of 2014, down 5.9% on a year-over-year basis. […]