Month: November 2016

Regency Centers Corporation ’s REG third-quarter 2016 core funds from operations (“FFO”) of 81 cents per share came in line with the Zacks Consensus Estimate. Further, the results compared favorably with 76 cents reported in the year-ago quarter. The company reported better-than-expected growth in revenue. […]

Silicon Motion Technology Corp. SIMO reported third-quarter 2016 adjusted earnings (including stock-based compensation adjustments) of 94 cents per ADS, which beat the Zacks Consensus Estimate by 12 cents. Non-GAAP earnings of $1.07 soared 88.5% from the year-ago quarter and 24% sequentially, driven by strong top-line growth […]

Automatic Data Processing Inc. ADP reported first-quarter fiscal 2017 adjusted earnings from continuing operations of 86 cents per share, which beat the Zacks Consensus Estimate by 9 cents and jumped 26.5% on a year-over-year basis. Revenues of $2.92 billion also beat the Zacks Consensus Estimate of $2.91 billion and grew 7.5% on a year-over-year basis. […]

Retail real estate investment trust (“REIT”) Taubman Centers Inc. ’s TCO third-quarter 2016 funds from operations (“FFO”) per share of 94 cents beat the Zacks Consensus Estimate of 89 cents. […]

Stock markets had a choppy ride last month owing to rising volatility. Factors including the uncertainty surrounding the upcoming U.S. Presidential election and concerns over oil output cut led major benchmarks to end in the red in October […]

Estee Lauder Companies Inc EL posted mixed first-quarter fiscal 2017 results, wherein earnings beat Zacks Consensus Estimates while revenue missed the same. Adjusted earnings of 84 cents per share beat the Zacks Consensus Estimate of 79 cents and improved from the prior-year quarter earnings by 2.4%. […]

We expect Ameren Corporation AEE will beat earnings estimate when it’ll release third-quarter 2016 financial results before the market opens on Nov 4. Last quarter, the utility has reported a positive earnings surprise of 15.09%. […]

Fresenius Medical Care AG & Co. KGAA FMS reported adjusted earnings of 54 cents per American Depositary Share (ADS) in the third quarter of 2016, beating the Zacks Consensus Estimate of 52 cents. […]

U.S. Steel X reported net earnings of $51 million or 32 cents per share in the third quarter of 2016, as against a net loss of $173 million or $1.18 per share a year ago. Barring one-time items, earnings were 40 cents per share for the reported quarter that missed the Zacks Consensus Estimate of 88 cents […]

Share price of Standard Motor Products Inc. SMP fell 1.7% to $46.98 on Oct 27 as investors reacted negatively to the company’s plans to close the acquired Nogales plant, which will lead to significant severance and capital expenses. […]

Chunghwa Telecom Co. Ltd. […]

TE Connectivity Ltd. TEL scored the fourth consecutive earnings beat as it reported fourth-quarter fiscal 2016 adjusted earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.19 by 6.7%. The bottom line fared phenomenally in year-over-year comparison, surging 41% from the prior-year tally of 90 cents […]

DineEquity, Inc. DIN reported third-quarter fiscal 2016 earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.39 by 5%. Moreover, the figure increased 2.1% from the prior-year quarter earnings of $1.43, on the back of lower share count […]

Delphi Automotive PLC DLPH posted a 17% increase in adjusted earnings to $1.50 per share in the third quarter of 2016 from $1.28 earned in the prior-year quarter. Moreover, earnings per share surpassed the Zacks Consensus Estimate of $1.42. Adjusted net income increased to $409 million from $365 million a year ago […]

The Q3 earnings season is turning out to be a highly successful one, particularly in terms of bottom-line growth. According to our latest Earnings Preview report, 332 companies in the S&P 500 space that reported their quarterly results as of Nov 1, displayed bottom-line growth of 1.9% on a year-over-year basis. The top line has inched up 1.3% from the year-ago period, per the report. […]

Henry Schein, Inc. HSIC reported adjusted earnings per share (EPS) of $1.68 in the third quarter of 2016, up 8.4% year over year. […]

The Q3 earnings season has been quite impressive so far with most sectors displaying improved financials. The above-average performances have ignited hopes of a better economy. However, downward estimate revisions remain concerns. […]