Stock Analysts

World Wrestling (WWE) Misses Q2 Earnings, Beats Revenues

After reporting earnings beat in the trailing three quarters, World Wrestling Entertainment Inc. WWE succumbed to negative earnings surprise in second-quarter 2016. The company’s earnings per share of a penny missed the Zacks Consensus Estimate of 8 cents and also decreased 85.7% year over year […]

Stock Analysts

Cepheid’s (CPHD) Q2 Loss Narrower than Estimate, View Up

Cepheid CPHD posted second-quarter 2016 adjusted loss (considering stock-based compensation expense as a regular spending) per share of 9 cents, reflecting a year-over-year improvement of 33.3%. This adjusted loss figure also compared favorably with the Zacks Consensus Estimate of a loss of 14 cents. Including one-time items, the company’s reported net loss in the second quarter was $10.2 million or loss of 14 cents per share, compared with the year-ago quarter’s net loss of of $16.7 million or loss of 23 cents per share. […]

Stock Analysts

Aimco (AIV) Q2 FFO Beats Estimates, Outlook Raised

Apartment Investment and Management Company AIV – better known as Aimco – reported second-quarter 2016 pro forma funds from operations (“FFO”) of 59 cents per share, beating the Zacks Consensus Estimate of 57 cents and up 5% from the year-ago tally of 56 cents. Improving operating portfolio performance, enhanced contribution from redevelopment & acquisition communities and higher non-core earnings supported the pro forma FFO per share. However, loss of income from apartment sales in 2015 adversely affected the bottom line […]

Stock Analysts

Newell (NWL) Tops Q2 Earnings Estimates, Keeps 2016 View

Newell Brands Inc. NWL came up with robust second-quarter 2016 results, which is the company’s first quarter where it is reporting results including the recently-acquired Jarden business. Top and bottom lines in the quarter beat estimates and surged year over year, mainly benefiting from the Jarden acquisition, along with strong sales performances at various businesses – including Writing, Baby, Food & Beverage, Yankee Candle and Appliances. […]

Stock Analysts

Residential REITs’ Q2 Earnings on Aug 1: EDR, PPS, APTS

We are in the heart of the second-quarter earnings season and this week has been quite an eventful one for the residential REIT category in the real estate investment trust (REIT) space Already, a number of big-shot residential REITs – including Avalonbay Communities Inc. (AVB), Equity Residential (EQR) and Essex Property Trust Inc. (ESS) – have reported their results […]

Stock Analysts

AbbVie (ABBV) Beats on 2Q Earnings, Revenues, Ups View

AbbVie Inc. ABBV reported second quarter 2016 earnings of $1.26 per share, up 16.7% from the year-ago quarter and surpassing the Zacks Consensus Estimate of $1.20 per share Abbvie Inc. (ABBV) Street Actual & Estimate EPS – Last 5 Quarters | FindTheCompany Revenues increased 17.5% to $6.43 billion in the second quarter of 2016, beating the Zacks Consensus Estimate of $6.24 billion […]

Stock Analysts

Phillips 66 (PSX) Beats Q2 Earnings and Revenue Estimates

Phillips 66 PSX posted adjusted second-quarter 2016 earnings of 94 cents per share that beat the Zacks Consensus Estimate of 91 cents. The bottom line, however, was below the year-ago quarter level of $1.83 per share. Phillips 66 (PSX) EPS BNRI & Surprise Percent – Last 5 Quarters | FindTheCompany Quarterly revenues of $22.3 billion were significantly lower than the year-ago quarter level of $29.1 billion […]

Stock Analysts

Alkermes (ALKS) Posts Narrower Q2 Loss, Ups 2016 Outlook

Alkermes plc ALKS reported a loss of 18 cents per share (including share-based compensation expense) in the second quarter of 2016, much narrower than the Zacks Consensus Estimate of a loss of 33 cents. Reported loss was also narrower than the year-ago loss of 27 cents per share. Alkermes reported revenues of $195.2 million in the second quarter of 2016, up almost 29% year over year. […]

Stock Analysts

Barclays (BCS) Q2 Earnings Fall; Asset Sale Hurts Revenues

Barclays PLC ’s BCS second-quarter 2016 net income from continuing operations was £803 million ($1.15 billion), down 34% from the year-ago quarter. Also, pre-tax earnings of £1.27 billion ($1.82 billion) declined 18% year over year, given a tough industry backdrop and sale of several non-core operations. A challenging industry backdrop had adverse impact on Barclays’ trading revenue […]