Month: November 2016

American Capital, Ltd. ACAS reported third-quarter 2016 net operating income per share of 15 cents, missing the Zacks Consensus Estimate by a penny. Moreover, results compared unfavorably with the prior-year quarter earnings of 28 cents. […]

As of Nov 2, 364 S&P 500 members, representing 72.6% of the index’s total market capitalization, have already reported their third-quarter results. While total earnings for these companies are up 1.6% on a year-over-year basis (72.3% of the companies beat EPS estimates), total revenue is up1.6% on a year-over-year basis (54.7% of the companies beat top-line estimates). Notably, after five consecutive quarters of decline, earnings are finally back in the positive territory. […]

The Q3 earnings season is in full swing with quarterly reports of 364 S&P 500 members or 72.6% of the total index members already on board. The overall financial picture that has emerged so far is quite impressive. Although earnings and revenues have increased only 1.6% each on a year-over-year basis, our Earnings Preview report dated Nov 2, 2016, reveals that this is likely to be the first quarter to show bottom-line improvement after five consecutive quarters of earnings decline […]

Investors generally tend to get fixated on the price-to-earnings (P/E) strategy while seeking bargain stocks. This simple, easy to calculate ratio enjoys greater popularity among valuation metrics in the investment toolkit and is used by many investors for working out the fair market value of a stock. But even this widely popular valuation metric is not without its pitfalls […]

Lions Gate Entertainment Corp. LGF posted second-quarter fiscal 2017 quarterly numbers, wherein it reported loss per share of 12 cents. […]

TreeHouse Foods, Inc. THS reported weaker-than-expected third-quarter 2016 results. Further, management slashed its earnings view for 2016 due to the lower margin structure of the acquired Private Brands business from ConAgra Foods, Inc. […]

Premium machine tools & accessories company, RBC Bearings Inc. ROLL reported better-than-expected second-quarter fiscal 2017 results. […]

NRG Energy, Inc . NRG reported earnings of $1.27 in the third quarter of 2016, surpassing the Zacks Consensus Estimate of 94 cents by 35.1%. Reported earnings were also up substantially from the year-ago quarter figure of 18 cents. […]

CenterPoint Energy, Inc. CNP reported third-quarter 2016 earnings of 41 cents per share, beating the Zacks Consensus Estimate of 37 cents by 10.8%. The reported number was also 20.6% higher than the prior-year figure of 34 cents […]

Intercept Pharmaceuticals, Inc. ICPT posted a loss of $3.59 per share in the third quarter of 2016, narrower than the Zacks Consensus Estimate of a loss of $3.72 but wider than the year-ago loss of $2.10. […]

Diversified energy company FirstEnergy Corporation FE announced third-quarter 2016 operating earnings of 90 cents per share, higher than the Zacks Consensus Estimate of 76 cents by 18.4%.Quarterly earnings, however,fell 8.2% yearoveryear. Meanwhile, on a GAAP basis, FirstEnergy reported earnings of 89 cents per share, compared to the prior-year earnings of 94 cents. […]

GoPro, Inc. GPRO added to its string of quarterly losses, with disastrous third-quarter 2016 results, as the company struggled with major production issues in the wake of the release of its new Hero5 cameras. […]

CBS Corporation CBS , which is in the process of separating its radio business, continued with its positive earnings surprise streak for the seventh straight quarter, as it reported third-quarter 2016 results. The company’s adjusted earnings of $1.05 per share beat the Zacks Consensus Estimate of 98 cents and jumped 19% from 88 cents reported in the year-ago quarter. […]