Month: May 2015

The Western Union Company WU reported first-quarter 2015 operating earnings per share (EPS) of 39 cents per share, beating the Zacks Consensus Estimate by a penny. Earnings were also up 5.4% on a year-over-year basis. Western Union’s better-than-expected EPS was backed by a decline in total expense and fewer shares outstanding as a result of share buyback. […]

Canada’s biggest energy firm and the largest oil sands outfit, Suncor Energy Inc. SU reported first-quarter 2015 operating earnings per share of 12 Canadian cents (10 US cents). […]

Weyerhaeuser Company WY reported lower-than-expected earnings for first-quarter 2015. Adjusted earnings came in at 19 cents per share, below the Zacks Consensus Estimate of 27 cents. […]

Eastman Chemical EMN topped earnings expectations in first-quarter 2015, but its profits tumbled in the quarter, hurt by sizable assets impairment and restructuring charges. Eastman Chemical’s profit (as reported) slid around 27% to $171 million or $1.14 per share in the quarter from $233 million or $1.52 per share recorded a year ago. Barring one-time items including assets impairment and restructuring charges of $96 million (post-tax), earnings were $1.84 per share, topping the Zacks Consensus Estimate of $1.61. […]

Updates on the regulatory front are eagerly awaited by investors in the pharma/biotech sector as they impact the share price of the concerned company. Regulatory updates include events like filing of marketing applications, acceptance of these applications for review by the regulatory agencies, reviews by advisory panels and, finally, a response from the regulatory agency regarding the approval status. Earlier this week, Bristol-Myers Squibb Company BMY announced that the FDA has accepted its supplemental Biologics License Application (sBLA) for Opdivo for treatment-naive patients suffering from unresectable or metastatic melanoma […]

Colorado-based casual-dining restaurants chain Potbelly Corporation PBPB is set to report first-quarter 2015 results on May 5, after the market closes. Last quarter, the company posted a positive earnings surprise of 50.00% primarily backed by better-than-expected revenues. Let’s see how things are shaping up for the upcoming announcement […]

First Solar Inc. FSLR reported adjusted first-quarter 2015 loss of 62 cents a share, much wider than the Zacks Consensus Estimate of a loss of 29 cents. […]

China Petroleum and Chemical Corporation SNP , also known as Sinopec , reported net income of 1.7 billion yuan (US$0.3 billion) or 0.014 yuan per diluted share for the first quarter of 2015. The bottom line came in significantly below 13.5 billion yuan (US$2.2 billion) or 0.115 yuan per diluted share reported a year ago. […]

Public Storage ’s PSA first-quarter 2015 funds from operations (“FFO”) per share came in at $1.91, up from $1.74 reported in the year-ago period. Core FFO per share was $1.94, ahead of $1.80 recorded in the prior year. Results lagged the Zacks Consensus Estimate of $1.95 per share […]

Gilead Sciences, Inc. ’s GILD first-quarter earnings (including stock-based compensation expenses) of $2.89 per share surpassed the Zacks Consensus Estimate of $2.78. Moreover, reported earnings were way above the year-ago figure of $1.44 per share. […]

Geron Corporation GERN reported a first-quarter 2015 loss of 6 cents per share, in line with the Zacks Consensus Estimate and the loss incurred in the year-ago period. Total revenues increased 13.3% to $0.5 million in the first quarter of 2015, slightly above the Zacks Consensus Estimate of $0.4 million. Revenues consisted entirely of license fees and royalties […]

SurModics, Inc. ’s SRDX second-quarter fiscal 2015 (ended Mar 31, 2015) adjusted earnings of 19 cents per share missed the Zacks Consensus Estimate of 20 cents. Earnings in the reported quarter decreased 14% from the year-ago period. […]

Radian Group Inc. RDN reported first-quarter operating income of 35 cents per share, beating the Zacks Consensus Estimate by 12.9%. Better-than-expected earnings were driven by higher revenues and a decline in claims paid […]