Month: August 2015

Goldcorp Inc. ’s GG second-quarter 2015 adjusted earnings (excluding one-time items) came in at $65 million or 8 cents per share, down from $164 million or 20 cents per share recorded in the year-ago quarter. The decline was due to lower realized margins on gold and by-product metal sales given lower realized prices, higher production costs resulting from the slower ramp-up at Eleonore and increased depreciation and depletion cost. […]

Apple Inc. AAPL is reportedly in talks with telecom operators to launch its mobile virtual network operator (MVNO) service in the U.S. and Europe. […]

Terex Corporation TEX reported its second-quarter 2015 results on Jul 29, wherein earnings per share of 78 cents increased 2.6% from 76 cents reported in the year-ago quarter and also surpassed the Zacks Consensus Estimate of 73 cents. However, the company has lowered its full-year earnings and sales outlook. Owing to this, shares of the company dropped 2.8% since the earnings release. […]

Amazon.com AMZN recently announced some changes in the Amazon Prime Policy. The e-Commerce giant reduced the number of people who could share a Prime member’s perks from four to one member of their household. Amazon Prime service charges customers a membership fee of $99 per annum and offers guaranteed two-day shipping. […]

Legal woes continue to mount at Deutsche Bank AG DB . The German banking giant now faces investigation by the United States Department of Justice (DOJ) related to the bank’s trades worth billions of dollars made on behalf of its Russian clients. The news was first reported by Bloomberg , citing people familiar with matter […]

Shares of Expedia Inc. EXPE hit a new 52-week high of $123.75 on Aug 3, eventually closing at $122.59. The company returned 45.3% in the past one year and roughly 43.6% year-to-date […]

Brazilian state-run energy giant Petroleo Brasileiro S.A. or Petrobras PBR is expected to release second-quarter 2015 results on Thursday, Aug 6. Petrobras reported mixed earnings numbers in the trailing four quarters – two beats and two misses – with an average positive surprise of 87.50%. […]

AMETEK Inc .’s AME second-quarter 2015 earnings of 64 cents per share came in line with the Zacks Consensus Estimate but were at the higher end of management’s guidance range. Earnings increased 1.36% sequentially and 5.24% year over year. […]

Emerson Electric Company EMR reported third-quarter fiscal 2015 earnings per share of 84 cents per share, squeaking past the Zacks Consensus Estimate of 83 cents by a penny. However, it came 18% below the year-ago quarter figure of $1.03. […]

We expect SeaWorld Entertainment, Inc. SEAS to beat expectations when it reports second-quarter 2015 results on Aug 6, before the market opens. Last quarter, the company posted a positive earnings surprise of 12.07%. […]

BioMarin Pharmaceutical Inc. BMRN reported a loss of 22 cents per share in the second quarter of 2015 (including stock-based compensation expense), narrower than the Zacks Consensus Estimate of a loss of 53 cents but wider than the year-ago loss of 5 cents per share. However, quarterly revenues of $250.5 million shot up 30.6% from the year-ago period and beat the Zacks Consensus Estimate of $218 million […]

Health Care REIT Inc. HCN , a real estate investment trust (“REIT”), reported second-quarter 2015 normalized funds from operations (“FFO”) of $1.09 per share. The figure surpassed the Zacks Consensus Estimate by a penny and also came 3 cents ahead of the year-ago quarter tally. […]

Viacom Inc. ’s VIAB film division – Paramount Pictures’ – much-anticipated flick, Mission: Impossible – Rogue Nation has set the cash register ringing. Released on Jul 31 across 3,956 screens, the film made a stunning $55.5 million domestic box office debut this weekend, comfortably surpassing the $48.7 million opening weekend expectations […]

We expect upstream energy firm Apache Corporation APA to beat expectations when it reports second-quarter 2015 results before the opening bell on Aug 6. Last quarter, the company delivered a positive earnings surprise of 40.32%. We note that Apache has outperformed the Zacks Consensus Estimate in the preceding four quarters, with an average positive surprise of 20.28% […]

Expeditors International of Washington Inc. ’s EXPD second-quarter 2015 earnings of 61 cents per share beat the Zacks Consensus Estimate by 8 cents. […]

Sempra Energy ’s SRE second-quarter 2015 adjusted earnings per share came in at $1.03, ahead of the Zacks Consensus Estimate of 95 cents by 8.4%. Earnings, however, declined 4.6% from $1.08 per share in the prior-year quarter, primarily due to seasonal adjustment at the company’s subsidiary Southern California Gas Co. (SoCalGas) […]

Pipeline operator Magellan Midstream Partners LP MMP is set to release second-quarter 2015 financial results before the opening bell on Aug 6. During the last four quarters, the partnership delivered a 1.15% negative earnings surprise. Let’s see how things are shaping up for this announcement […]

Parker-Hannifin Corporation PH reported fourth-quarter fiscal 2015 adjusted earnings of $1.43 per share, missing the Zacks Consensus Estimate by 22.7% (42 cents). Earnings declined 30.6% on a year-over-year basis. Parker-Hannifin Corporation – Earnings Surprise | FindTheBest The weak bottom-line performance was largely attributable to poor revenues recorded during the quarter […]