Month: November 2016

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”- Warren Buffett. At the moment, the quote perfectly fits Cabela's Incorporated CAB as the company’s future looks bleak after two successive quarters of earnings miss. Investors need to exercise extreme caution when it comes to the stock as it is unlikely to show any major improvement in the near future. […]

The Wendy’s Company WEN posted better-than-expected third-quarter 2016 results with earnings as well as revenues beating the Zacks Consensus Estimate. Backed by the encouraging third-quarter results, the company raised its guidance for profit and EPS. Earnings and Revenue Discussion Adjusted earnings came in at 11 cents, beating the Zacks Consensus Estimate of 10 cents by 10% […]

Shake Shack, Inc. SHAK posted robust third-quarter 2016 results, wherein earnings met the Zacks Consensus Estimates while revenues beat the same. Notably, the company’s shares rose about 8.6% in afterhours trading on Nov 9 owing to comps growth and raised 2016 guidance […]

Tougher action on drug pricing by Democrat Hillary Clinton had clouded the outlook for biotech stocks this year. But, the startling win of Republican Donald Trump dissipated the fears. […]

Puma Biotechnology, Inc . PBYI reported a third-quarter 2016 loss of $2.02 per share (including the impact of stock-based compensation expense), wider than the Zacks Consensus Estimate of a loss of $2.00 and the year-ago loss of $1.87. With no approved products in Puma Biotech’s portfolio at the moment, the company does not generate revenues yet. […]

The equity market witnessed a sharp fall on Nov 9 after the unexpected victory of Donald Trump as the president of the U.S. This sent shockwaves through industries far and wide, rattling the global markets on fears of changes in government policies. However, the markets made a dramatic rebound in the later part of the day on expectations of an economic stimulus that would boost hiring and corporate earnings while cutting taxes. […]

Energizer Holdings, Inc. ENR reported fourth-quarter fiscal 2016 results wherein both adjusted earnings of 54 cents per share and revenues of $432.4 million came in way ahead of the Zacks Consensus Estimate of 50 cents and $428.5 million, respectively. On a year-over-year basis, adjusted earnings fell 11.5% while revenues grew 8.3% driven by the acquisition of HandStands. […]

Gold, silver prices soared as Trump won the US presidential election sparking a bout of extraordinary volatility that stirred financial markets around the world. Investors found safe haven in gold, triggering a spike in prices. Further, prices are riding high on the market perception that this may lead the Fed to hold off on the widely expected rate hike in December. […]

Energy Transfer Equity, L.P. ETE reported third-quarter 2016 earnings of 19 cents per unit, missing the Zacks Consensus Estimate of 27 cents by 29.6%. The reported figure was also down from the year-ago tally of 28 cents. […]

Consolidated Water Co. Ltd . […]

The Q3 earnings season has almost come to an end, with 445 S&P 500 members (as of Nov 9) – accounting for 89% of the index’s total market capitalization – having reported results, according to the latest Earnings Preview . While total earnings for these index members were up 4.0% from the year-ago quarter, revenues were also up 2.7% year over year. […]

Leading railroad operator, CSX Corp. CSX saw its shares gain 5.64% at market close on Nov 9, after unveiling its long-term strategy and updating its fourth-quarter 2016 guidance. […]

We have reached the final stretch of the Q3 earnings season with results from 445 S&P 500 members that combined account for more than 91% of the index’s total market capitalization. Q3 Reflects Improving Trends in Growth Total earnings for these companies are up 4% from the same period last year on 2.7% higher revenues, with 72.8% positive earnings surprises and 55.3% beating revenue estimates. […]

With results from 445 S&P 500 members already out (91.1% of the index’s total market cap), the third-quarter earnings season is drawing to a close. According to our latest Earnings Trend report, the scorecard so far has portrayed a much better picture with the third quarter successfully emerging as the first to witness earnings growth after five back-to-back quarters of declines for the S&P 500 index. With a handful of earnings announcements on the way, this season has so far confirmed an improving trend […]

Global manufacturing and technology company, Emerson Electric Co. EMR recently announced that it is expanding its portfolio in advanced flow measurement and control technologies, with the acquisition of FMC Technologies, Inc. […]