Month: November 2016

Perrigo Company plc PRGO is scheduled to report third-quarter 2016 results on Nov 10, before the opening bell. Perrigo has a mixed track record with the company beating earnings expectations on two occasions and missing the same in the other two. Overall, the company has recorded an average negative earnings surprise of 2.10% […]

The Q3 earnings cycle for the Finance sector has reached its final phase. Results reported by most of the industry participants so far depict a notable improvement in the sector’s performance, despite a challenging operating backdrop. Per our latest Earnings Preview report, nearly 99% of the S&P 500 companies in the Finance sector have reported results for third-quarter 2016 as of Nov 4 […]

With more than 84.6% of the S&P 500 members (423 companies) having already reported their Q3 figures, our latest Earnings Outlook has displayed an improvement in the earnings trend so far. As the earnings season wraps up, we are confident about this quarter recording earnings growth after five consecutive quarters of decline for the S&P 500 index. […]

The board of directors of W. R. […]

The third-quarter earnings season is approaching its end with reports from 84.6% of the S&P 500 companies already out as of Nov 4 (per the latest Earnings Outlook report). The outcome of the season so far has given a decent growth picture, breaking the five-quarter-long lackluster trend. Clearly, this period is quite significant with both earnings and revenues on the growth trajectory. […]

Leading Canadian telecom operator TELUS Corp. TU reported mixed financial results in the third quarter of 2016 wherein revenues outpaced the Zacks Consensus Estimate while earnings lagged the same. This Zacks Rank #4 (Sell) company competes with the likes of Rogers Communications Inc […]

Global Indemnity Reinsurance Company, Ltd., a unit of Global Indemnity Plc GBLI , recently received rating affirmation from A.M Best. The credit rating giant has reaffirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” for the company’s unit, Global Indemnity Re and its U.S.-based subsidiaries. […]

Achillion Pharmaceuticals, Inc. ACHN reported a loss of 15 cents per share in the third quarter of 2016, narrower than the Zacks Consensus Estimate loss of 16 cents. […]

Media giant – The Walt Disney Company DIS – is slated to report fourth-quarter fiscal 2016 results after the closing bell on Nov 10, 2016. In the previous quarter, the company had registered a positive earnings surprise of 0.6%. […]

The third-quarter 2016 earnings season is almost nearing its end with the majority of results already released, and most companies surpassing estimates. Moreover, earnings have entered the green zone overshadowing the initial predictions of being in the negative. […]

Fidelity National Financial, Inc. ’s FNF third-quarter 2016 adjusted earnings from continuing operations of 69 cents per share missed the Zacks Consensus Estimate of 75 cents by 8%. […]

This week, key earnings updates came from companies like Pfizer PFE and Allergan AGN while pharma stocks remained under drug pricing pressure with lawmakers questioning the prices of insulin drugs. Recap of the Week’s Most Important Stories Pfizer, Allergan Disappoint in Q3: Pfizer’s third quarter results were disappointing with the company missing on both earnings and revenues. […]

Berkshire Hathaway Inc .’s BRK.B third-quarter 2016 operating earnings of $1.97 per share beat the Zacks Consensus Estimate of $1.88. Earnings were up 6.5% on a year-over-year basis. Berkshire Hathaway's earnings improvement was driven by an increase in operating earnings from Utilities and Energy, Manufacturing, Service and Retailing as well as Finance & Financial Products. […]

We are almost at the end of the Q3 earnings season with only a few companies left to report to their quarterly financial results. Picture Emerging Thus Far So far, 423 S&P 500 members – 87.1% of the index’s total market capitalization – have unveiled their Q3 numbers. Total earnings for these companies have inched up 3.6% on 2.4% higher revenues, on a year-over-year basis […]