KLA-Tencor Corporation KLAC reported third-quarter fiscal 2017 earnings of $1.62 per share, beating the Zacks Consensus Estimate by 8 cents. Earnings were in line with the top end of management’s guided range. […]
So Q1 GDP results — the first read of three, anyway — was released this morning, and the paltry 0.7% growth in Gross Domestic Product through the first quarter looks disappointing on the face of it. Market futures are positive in the pre-market, but upon this release we could almost feel the dampening effect. […]
Have you been eager to see how U.S. energy giant Chevron Corp. CVX performed in Q1 in comparison with the market expectations […]
Residential real estate investment trust (“REIT”), Essex Property Trust Inc. ESS delivered a better-than-expected performance for first-quarter 2017. […]
The first-quarter earnings season has picked up pace, with results from 181 S&P 500 members or 40% of the index’s total market capitalization already out (as of April 26). As per the latest Earnings Outlook , total earnings of these companies are up 10% on a year-over-year basis (75.7% of the companies beat EPS estimates) while total revenue is up 4.3% on a year-over-year basis (64.1% of the companies beat top-line estimates). Notably, earnings and revenue growth numbers are significantly better than investor expectations […]
Industrial equipment wholesaler, Applied Industrial Technologies, Inc. AIT reported better-than-expected results for third-quarter fiscal 2017 (ended Mar 31, 2017). Over the last one month, shares of this Zacks Rank #2 (Buy) stock yielded a return of 9.43%, outperforming 5.10% growth recorded the Zacks categorized Machinery-General Industrial industry. […]
Digital Realty Trust, Inc. ’s DLR first-quarter 2017 funds from operations (“FFO”) per share of $1.50 came 7.9% higher than the year-ago tally of $1.39. Further, core FFO per share of $1.52 exceeded the year-ago quarter tally of $1.42 by 7.0% […]
ResMed Inc. RMD announced third-quarter fiscal 2017 adjusted earnings per share (EPS) of 71 cents, up 2.8% from the prior-year quarter level. Earnings also beat the Zacks Consensus Estimate by a penny […]
GoPro, Inc. ’s GPRO earnings went back to the red after just one quarter of posting positive earningsfigures, as it reported first-quarter 2017 adjusted loss of 53 cents per share. Before fourth-quarter 2016, the company lost money for six straight quarters […]
PG&E Corporation PCG is set to report first-quarter 2017 financial results on May 2, before the market opens. Last quarter, the company posted an earnings surprise of 3.10%. However, the company surpassed the Zacks Consensus Estimate in two of the past four quarters, with an average negative earnings surprise of 8.34% […]
Cummins Inc. CMI is set to report first-quarter 2017 results before the market opens on May 2. In the last quarter, the company delivered a positive earnings surprise of 11.39% […]
AstraZeneca PLC AZN reported first-quarter 2017 core earnings of 99 cents per American Depositary Share, which comfortably beat the Zacks Consensus Estimate of 38 cents. Core earnings, however, decreased 4% year over year at constant currency rates (CER). AstraZeneca’s shares gained 12.9% so far this year, while the Zacks classified Large Cap Pharma industry registered an increase of 5.9%. […]
Sony Corporation SNE reported fourth-quarter fiscal 2016 earnings per share of ¥21.45 (19 cents), against the year-ago quarter’s significant loss of ¥70.03 per share. The bottom line benefited from decent top-line growth, as well as fall in selling, general & administrative and financial services expenses. For fiscal 2016, the company’s earnings per share came in at ¥56.89 (51 cents), down 51.6% compared with the year-ago figure. […]
Continuing with its upbeat performance for the third straight quarter, Check Point Software Technologies Ltd. CHKP yesterday reported strong results for first-quarter 2017, wherein revenues and earnings came at the higher-end of the company’s expectations and surpassed the respective Zacks Consensus Estimate. Check Point’s adjusted earnings per share (including stock-based compensation but excluding amortization of intangible assets) of $1.10 beat the Zacks Consensus Estimate of $1.07 […]
Continuing its upbeat performance alive for the fourth straight quarter, Western Digital Corp. WDC reported better-than-expected results for third-quarter fiscal 2017. The company reported adjusted earnings (excluding all one-time items but including stock-based compensation) of $2.07 per share, which came way ahead of the Zacks Consensus Estimate of $1.85 and marked a solid 71% year-over-year improvement […]
Driven by prudent cost management, Franklin Resources Inc. BEN recorded a positive earnings surprise of 10.4% in second-quarter fiscal 2017. […]
Roper Technologies, Inc. ROP reported first-quarter 2017 adjusted earnings per share of $2.11, beating the Zacks Consensus Estimate of $2.00. […]
Friday, April 28, 2017 So Q1 GDP results — the first read of three, anyway — was released this morning, and the paltry 0.7% growth in Gross Domestic Product through the first quarter looks disappointing on the face of it. Market futures are positive in the pre-market, but upon this release we could almost feel the dampening effect. […]
Lear Completes Acquisition of Grupo Antolin’s Automotive Seating Business PR Newswire SOUTHFIELD, Mich., April 28, 2017 SOUTHFIELD, Mich. , April 28, 2017 /PRNewswire/ — Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today announced the completion of its acquisition of Grupo Antolin’s automotive seating business. Grupo Antolin’s seating business has annual sales of approximately €300 million with operations in five countries in Europe and North Africa […]
Have you been eager to see how Franklin Resources Inc. BEN performed in fiscal Q2 in comparison with the market expectations? Let’s quickly scan through the key facts from this CA-based popular asset management firm’s earnings release this morning: An Earnings Beat Franklin Resources came out with earnings per share of 74 cents, outpacing the Zacks Consensus Estimate of 67 cents […]
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