Stock Analysts

Mallinckrodt Beats Q3 Earnings, Transformation in Progress

Mallinckrodt MNK reported adjusted earnings of $2.05 per share in the third quarter of fiscal 2015 (ended Jun 26, 2015), beating the Zacks Consensus Estimate of $1.85 and up 70.8% year over year. In the reported quarter, net sales came in at 965.1 million, up 47.8% from the year-ago quarter, but missed the Zacks Consensus Estimate of $979 million. The Quarter in Detail The company reports its results under three segments – Specialty Brands, Specialty Generics and Global Medical Imaging. […]

Stock Analysts

Entergy Q2 Earnings & Revenues Miss Estimates, Down Y/Y

Entergy Corporation ETR reported second-quarter 2015 operational earnings of 83 cents per share, widely missing the Zacks Consensus Estimate of $1.13 by 26.5%. The reported number also declined 25.2% from $1.11 per share in the year-ago period. The downside was due to bleak performance at all its three segments. […]

Stock Analysts

Kellogg (K) Beats Q2 Earnings, Sales as Cereals Improve

Kellogg Company K continued the first-quarter momentum in the second quarter, surpassing the Zacks Consensus Estimate for both earnings and sales despite negative currency impact. After a difficult 2014, the world’s largest cereal maker witnessed improved sales trends in the first half of 2015 backed by product introductions and brand building initiatives and investments funded by savings from its restructuring program, Project K. Earnings Beat Second-quarter adjusted earnings of 92 cents per share declined 9.8% year over year due to significant currency headwinds. […]

Stock Analysts

Coach Q4 Earnings & Sales Surpass Estimates, Stock Rises

Coach, Inc. COH posted fourth-quarter fiscal 2015 earnings of 31 cents a share that came in ahead of the Zacks Consensus Estimate of 29 cents, thereby resulting in a positive earnings surprise of 6.9% and marking the sixth straight quarter of earnings beat. Consequently, shares jumped roughly 5% during pre-market trading hours […]

Stock Analysts

What Awaits NVIDIA Corp. (NVDA) this Earnings Season?

NVIDIA Corporation NVDA is set to report second-quarter fiscal 2016 results on Aug 6. Last quarter, the company posted a negative earnings surprise of 7.7%. However, it is worth noting that NVIDIA has outperformed the Zacks Consensus Estimate in three out of the four preceding quarters with an average positive surprise of 15.5%. […]

Economic Data

Benchmarks Are Likely To Open Flat – Economic Highlights

Stocks are indicated to start today’s session essentially flat after Monday’s big pullback, with a deluge of earnings reports this morning and anticipation for the jobs reading on Friday providing the backdrop. With three quarters of the earnings reports now out, we share an update of the Q2 earnings season with you this morning. […]

Technicals

Health Care REIT’s (HCN) Q2 FFO & Revenues Beat Estimates – Tale of the Tape

Have you been eager to see how Health Care REIT, Inc. ( HCN ) performed in Q2 in comparison with the market expectations? Let’s quickly scan through the key facts from this Toledo, OH-based, real estate investment trust’s (“REIT”) earnings release this morning: An FFO Beat Health Care REIT came out with normalized funds from operations (“FFO”) per share of $1.09, beating the Zacks Consensus Estimate by a penny. […]