Month: August 2015

Toyota Motor Corporation TM recorded earnings of ¥205.30 per share ($3.37 per ADR) in first-quarter fiscal 2016 (ended Jun 30, 2015), compared with ¥185.34 per share ($3.63 per ADR) earned in first-quarter fiscal 2015 (ended Jun 30, 2014). Earnings per ADR also surpassed the Zacks Consensus Estimate of $2.94. The Japanese automaker reported consolidated net income of ¥646.3 billion ($5.34 billion) in first-quarter fiscal 2016, higher than ¥587.7 billion ($5.76 billion) posted in the year-ago quarter. […]

Factory orders rebounded in June following a decline in May. Even though aircraft bookings led gains for the month, other sectors also recorded meaningful increases. Overall, the report indicates that manufacturing is recovering from the sluggishness it has suffered during the first half of the year […]

Masimo Corp MASI reported adjusted earnings of 43 cents per share in the second quarter of 2015, which beat the Zacks Consensus estimate by 6 cents and surged 72% on a year-over-year basis driven by substantial revenue growth. Masimo Corporation – Earnings Surprise | FindTheBest Quarter Details Revenues increased 10.5% year over year to $155.7 million, which easily surpassed the Zacks Consensus Estimate of $149 million. […]

Perrigo Company ’s PRGO second-quarter 2015 earnings of $2.18 per share beat the Zacks Consensus Estimate of $1.97. Reported quarter earnings were 25% above the year-ago figure. Perrigo Company – Earnings Surprise | FindTheBest Net sales in the quarter rose 34% to $1.5 billion benefiting from higher sales in Branded Consumer Healthcare and Rx Pharmaceuticals segments […]

Liberty Global Plc. LBTYA reported mixed financial results in the second quarter of 2015 wherein the bottom line fell below the Zacks Consensus Estimate while the top line steered past the same. Quarterly GAAP net loss from continuing operations came in at $409.9 million or a loss of 53 cents per share compared with a net loss of $234 million or loss of 32 cent per share in the prior-year quarter. […]

ONEOK Inc. OKE reported second-quarter 2015 adjusted earnings of 36 cents per share, lagging the Zacks Consensus Estimate of 37 cents by 2.7% and the year-ago earnings by 24.1%. The company's GAAP earnings in the second quarter were in line with the adjusted earnings. […]

Shares of Granite Construction Incorporated GVA fell around 2.5% since the company reported its second-quarter 2015 results on Jul 30. Granite Construction’s earnings per share declined 31% year over year to 24 cents. The bottom line also missed the Zacks Consensus Estimate of 42 cents by a wide margin of 43%. […]

Shares of Federal Home Loan Mortgage Corporation FMCC or Freddie Mac rose 5.99% following impressive second-quarter 2015 results. The company reflected its 15th consecutive quarter of positive earnings with net income of $4.2 billion, significantly up from $524 million in the prior quarter. Results were positively driven by higher net interest income and derivative gains […]

Driven by strong top-line performance, Brazil’s Itau Unibanco Holding S.A. ITUB reported first-quarter 2015 recurring earnings of R$6.1 billion ($2.0 billion), up 22% year over year. Including non-recurring items, net income came in at R$6.0 billion ($1.95 billion), up 22.4% year over year […]

XL Group plc XL reported second-quarter 2015 operating net income of 84 cents per share comfortably surpassing the Zacks Consensus Estimate by 9.1%. However, earnings declined 17.6% year over year due higher integration costs and catastrophe losses. […]

j2 Global Inc. JCOM reported a strong second quarter of 2015 with both the top and the bottom line outpacing the Zacks Consensus Estimate. Additionally, the company’s board of directors declared a 10.8% annual increase in its quarterly dividend, raising the figure to 30.75 cents per share from 29.25 cents. […]

DreamWorks Animation SKG Inc. DWA reported second-quarter 2015 loss of $38.6 million or 45 cents per share compared with loss of $15.4 million or 18 cents in the prior-year quarter. […]

President Obama recently revised the Clean Power Plan in what is regarded as the boldest attempt ever on climate change by a U.S. president in reducing carbon effluence from the power sector. One man's loss, they say, is another man's gain […]

Oil refiner and marketer Western Refining Inc. WNR reported strong second-quarter 2015 earnings on the back of higher refining margin from the Gallup refinery. […]