Month: November 2016

Brookfield Infrastructure Partners L.P . BIP is scheduled to report third-quarter 2016 results before the opening bell on Nov 4. Last quarter, this utility electric power company reported a negative earnings surprise of 2.90% […]

Illumina Inc. ILMN reported adjusted earnings per share (EPS) of 97 cents in the third quarter of 2016, which exceeded the Zacks Consensus Estimate by a solid 11.5%. Adjusted earnings also improved from the year-ago number by 21.3%. […]

Verisk Analytics, Inc. VRSK reported solid third-quarter 2016 results with adjusted earnings from continuing operations of 84 cents per share, compared with 78 cents in the year-ago quarter. Adjusted earnings comfortably beat the Zacks Consensus Estimate of 75 cents […]

Over halfway through the third-quarter earnings season, reports from 66.4% of the S&P 500 companies are already out as of Nov 1 (per the latest Earnings Outlook report ). The outcome of the season so far has painted 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 […]

The auto sector has been one of the worst performers this earnings season. Nearly 90% of the sector’s companies had posted results as of Nov 1, 2016. These companies recorded a year-over-year decline of 9.5% in earnings and 1.6% in revenues, per our Earnings Outlook report […]

Redefining the sector dynamics, industrial goods manufacturer General Electric Company GE inked a definitive agreement with Baker Hughes Incorporated BHI to merge its Oil & Gas business with the latter to form an industry leader with an unrivalled mix of service and equipment capabilities. However, this multi-billion deal, which seeks to create a behemoth in the oil & gas industry with operations in over 120 countries and combined revenues of $32 billion, failed to lift investor sentiments. Share prices decreased marginally to close at $28.88 on Nov 1, 2016 on the subsequent day of the announcement of the deal. […]

Water utility Aqua America Inc. ’s WTR third-quarter earnings per share of 41 cents outpaced the Zacks Consensus Estimate of 39 cents by 5.1%. Reported earnings also improved 7.9% from the year-ago figure of 38 cents […]

Results released by finance companies so far this quarter depict an encouraging earnings picture for the industry. Most of the companies have come up with better-than-expected results despite a challenging operating environment. […]

With Q3 earnings reports already out from more than 66.4% of the S&P 500 members (332 companies), our latest Earnings Outlook has exhibited an improving trend so far. Proceeding deep into the second half of the earnings reporting cycle, we are further assured about this quarter turning out to be the first to witness earnings growth after five back-to-back quarters of earnings declines for the S&P 500 index. […]

The Q3 earnings season is in full swing, with results from 332 S&P 500 members already out. The results announced so far display major improvement compared with the preceding quarters. The quarter is on track to report notable growth after five quarters of back-to-back decline […]

Despite a sales miss, Herbalife Ltd. HLF reported better-than-expected third-quarter 2016 earnings and also raised its full-year earnings view. […]

Jacobs Engineering Group Inc. JEC declared that it has been selected as a member of the prestigious Fulton Hogan Seymour Whyte Joint Venture (‘FHSW JV’) by the Department of Transport and Main Roads of Queensland. The newly secured role in the valuable transport project of Australia and Queensland would boost the company’s organic growth […]

The Q3 earnings reporting season is past the halfway mark. As of Nov 1, 2016, 332 S&P 500 members (or 74.1% of the index’s total market cap) have already reported results. […]