Month: November 2016

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 increased 1.6% 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. […]

AMC Networks Inc. AMCX reported weak financial results in the third quarter of 2016 wherein both the top and the bottom line lagged the Zacks Consensus Estimate. […]

Genpact Limited G reported strong third-quarter 2016 results. Non-GAAP earnings (including share based compensation) increased 9.1% year over year to 36 cents, which beat the Zacks Consensus Estimate by 3 cents. […]

Endo International plc ENDP is scheduled to report third-quarter 2016 results on Nov 8, before the opening bell. The company has been consistently beating earnings expectations. […]

Ares Capital Corporation ARCC reported a positive earnings surprise of 13.2% for third-quarter 2016. Core earnings of 43 cents per share surpassed the Zacks Consensus Estimate of 38 cents. […]

hhgregg, Inc. HGG is slated to release second-quarter fiscal 2017 results on Nov 3, 2016, before the market opens. […]

Investing in stocks with big profits and solid earnings surprises might appear a popular strategy in the ongoing reporting cycle. However, betting on stocks with a healthy cash level might be far more rewarding. […]

Avon Products Inc. AVP reported adjusted earnings from continuing operations of 2 cents per share for third-quarter 2016, a penny short of the Zacks Consensus Estimate of 3 cents. However, results compared favorably with a loss per share of 11 cents incurred in the year-ago quarter […]

S&P Global, Inc. SPGI reported third-quarter 2016 adjusted earnings per share of $1.43, which surged 17% from the year-ago quarter and beat the Zacks Consensus Estimate of $1.35. Revenues advanced 9% to $1,439 million, beating the Zacks Consensus Estimate of $1,416 million […]

The Q3 earnings season is well underway with 72.8% of the S&P 500 Index members having reported their quarterly results so far. According to our latest Earnings Preview report, the performance of the 364 index members (accounting for 72.6% of the index’s total market capitalization) that have already reported their financial numbers this quarter indicate that both total earnings and revenue improved 1.6%. The beat ratio is strong with 72.3% companies surpassing bottom-line expectations and 54.7% outperforming on the top-line front. […]

Ferrari N.V. RACE is set to report third-quarter 2016 results before the market opens on Nov 7. […]

LPL Financial Holdings Inc. LPLA reported third-quarter 2016 earnings per share of 58 cents, which handily beat the Zacks Consensus Estimate of 38 cents. Further, it was 35% higher than the prior-year quarter figure. […]

In line with its strategy of expanding operations aimed at achieving business growth, Constellation Brands Inc. STZ recently agreed to buy the Obregon Brewery from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV BUD . Valued at $600 million, the news of the buyout did not significantly impact the company’s stock price […]

Facebook, Inc. FB delivered strong third-quarter 2016 results driven by its mobile and live video efforts. Third quarter adjusted earnings per share of 88 cents and revenues of $7.011 billion crushed the respective Zacks Consensus Estimate of 77 cents and $6.923 billion […]