Month: November 2016

Video game and entertainment software retailer GameStop Corporation’s GME shares plunged 11.2% on Nov 2 after the company trimmed its third-quarter as well as fiscal 2016 projection. The company cited soft sales of new video games as well as the current sell-through rate of new video game hardware as the reason behind lowering its outlook. Management now envisions third-quarter sales to be $2 billion, flat year over year. […]

American International Group Inc. AIG reported third-quarter 2016 operating income of $1.00 per share that missed the Zacks Consensus Estimate of $1.21. […]

Allstate Corporation ALL reported third-quarter 2016 operating earnings per share of $1.26, beating the Zacks Consensus Estimate of $1.24. Reported earnings were, however, down 17.1% on a year-over-year basis, due to high catastrophe losses incurred in the quarter. […]

Ball Corporation BLL reported third-quarter 2016 adjusted earnings of 96 cents per share, surpassing the Zacks Consensus Estimate of 92 cents. Earnings decreased 4% on a year-over-year basis. […]

Cigna Corp. CI reported third-quarter 2016 operating net earnings of $1.94 per share, which surpassed the Zacks Consensus Estimate of $1.91. However, earnings declined 15% year over year. […]

MetLife, Inc. ’s MET third-quarter 2016 earnings of $1.28 per share surpassed the Zacks Consensus Estimate of $1.14. Earnings were up from 62 cents per share reported in the year-ago quarter. […]

Harman International Industries Inc. HAR reported first-quarter fiscal 2017 results wherein non-GAAP earnings per share of $1.87 and revenues of nearly $1.760 billion easily beat the respective Zacks Consensus Estimate of $1.54 and $1.733 billion. On a year-over-year basis, the metrics grew 27% and 8%, respectively […]

Becton, Dickinson and Company BDX , popularly known as BD, reported fourth-quarter fiscal 2016 earnings of $2.12 per share, which beat the Zacks Consensus Estimate by 3 cents and increased from $1.94 posted in the year-ago quarter. At comparable currency-neutral basis, revenues climbed 5.6% to $3.23 billion, marginally better than the Zacks Consensus Estimate of $3.22 billion. FindTheCompany | Graphiq Quarter Details BD Medical revenues grew 7.9% year over year to almost $2.24 billion. […]

Prudential Financial, Inc. PRU reported third-quarter 2016 operating income of $2.66 per share that beat the Zacks Consensus Estimate by 6.4%. Earnings also improved 10.8% year over year […]

Investors with a high risk appetite always look for a momentum strategy that can add to their portfolio returns. Momentum investing seeks to fulfill their objectives through the principle of "buying high and selling higher." Richard Driehaus, who is considered as one of the pioneers in this domain, built a portfolio by following the philosophy and the same succeeded in yielding robust returns. […]

Enterprise Products Partners L.P. ’s EPD third-quarter 2016 adjusted earnings per limited partner unit of 30 cents came in line with the Zacks Consensus Estimate. […]

Currently, we are in the final stretch of the Q3 earnings season, with most companies having reported their quarterly figures so far. While a lot of activity has already been witnessed so far this week in the real estate investment trust (REIT) space, results are still pouring in from this industry. Among them are Senior Housing Properties Trust SNH and Invesco Mortgage Capital Inc. […]

Watts Water Technologies, Inc. WTS reported third-quarter 2016 adjusted earnings of 71 cents per share, a 6% improvement year over year. […]

Charter Communications Inc. CHTR reported strong financial results in the third quarter of 2016, wherein both the top and the bottom line surpassed the Zacks Consensus Estimate. GAAP net income in the reported quarter was $189 million or 69 cents per share compared with net income of $2 million or 1 cent per share in the year-ago quarter. […]