Month: May 2015

Sprint Corp. S reported disappointing financial results in the fourth quarter of fiscal 2014. Both the top and the bottom line compared unfavorably with the respective Zacks Consensus Estimate […]

Shares of Ingram Micro Inc. IM gained more than 16% in yesterday’s after-hour trade following the better-than-expected top and bottom line results for the first-quarter 2015 on a currency neutral basis. However, including the currency effect, Ingram Micro reported first-quarter non-GAAP earnings (excluding amortization of intangible assets, reorganization charges and other one-time items) of 43 cents per share, a penny below the Zacks Consensus Estimate. […]

The Walt Disney Company DIS reported yet another better-than-expected quarter, marking the seventh consecutive quarter of earnings beat. Adjusted earnings per share for second-quarter of fiscal 2015 came in at $1.23 per share, cruising past the Zacks Consensus Estimate of $1.11 while rising 11% year over year. […]

Kellogg Company K reported better-than-expected first-quarter results, beating the Zacks Consensus Estimate for both earnings and sales despite negative currency impact. The world’s largest cereal maker also re-affirmed its 2015 outlook for sales and earnings on a currency neutral basis. […]

HSBC Holdings plc ’s HSBC net profit for first-quarter 2015 increased 3% year over year to $5.7 billion. However, earnings came in at 26 cents per share, down marginally from 27 cents earned in the prior year. At the time of writing this article, ADRs of HSBC declined more than 2% in pre-market trading reflecting investors’ concern about rising expenses […]

Vulcan Materials Company ’s VMC first-quarter 2015 adjusted loss of 16 cents per share was narrower than the Zacks Consensus Estimate of a loss of 17 cents by almost 6%. Adjusted loss also narrowed significantly from the prior year quarter’s loss of 28 cents on the back of solid aggregates volume growth, strong pricing and improved margins. The first quarter of 2015 was marked by strengthening aggregate demand in Vulcan’s served markets, despite poor weather hampering construction in some markets. […]

Intercontinental Exchange Inc. ICE posted first-quarter 2015 operating earnings per share of $3.06, which comfortably outpaced the Zacks Consensus Estimate of $2.98, bringing the trailing four-quarter average beat to 3.7%. […]

It was a week where oil prices clocked their largest monthly gain since May 2009 and natural gas rallied to a five-week high. However, with earnings again remaining front and center, the major headlines came from Exxon Mobil Corp. […]

Stone Energy Corp. SGY posted first-quarter 2015 loss of $5.93 per share, which declined 1240% from 52 cents per share earned in the year-earlier quarter. Total operating revenue decreased 33.4% year over year to $148.2 million in the quarter from approximately $222.6 million […]

Aegerion Pharmaceuticals, Inc. AEGR reported first-quarter 2015 net loss per share of 19 cents, narrower than the year-ago loss of 54 cents and the Zacks Consensus Estimate of a loss of 27 cents. […]

Vornado Realty Trust VNO reported funds from operations (“FFO”) per share of $1.16 in first-quarter 2015, which missed the Zacks Consensus Estimate by 3 cents. The FFO figure for the prior-year quarter was $1.31 per share. On an adjusted basis, Vornado’s FFO per share came in at $1.10, higher than the year-ago figure of 99 cents […]

Abaxis, Inc. ABAX reported fourth-quarter fiscal 2015 earnings per share (EPS) of 17 cents from continuing operations, which lagged the Zacks Consensus Estimate by a dime. Earnings also deteriorated from the year-ago number by 10.5%. […]