Stock Analysts

7 Stocks Near 52-Week High That Can Scale Higher

The movement of stocks scaling 52-week highs or hitting lows is closely monitored on a daily basis. Now, the question is, how important such stock movements are to investors. Betting on a stock near its 52-week high has its own pitfalls as there is a possibility of it scaling higher or going downhill without forewarning. […]

Stock Analysts

Rowan Companies (RDC) Incurs Narrower-Than-Expected Q3 Loss

Contract drilling service provider, Rowan Companies plc RDC reported better-than-expected third-quarter 2017 results owing to lower costs and expenses and increased average utilization, partially offset by fall in dayrates. The company’s adjusted third-quarter 2017 loss from continuing operations was 16 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 42 cents per share. […]

Stock Analysts

TransDigm (TDG) to Report Q4 Earnings: What’s in the Cards?

TransDigm Group Incorporated TDG is scheduled to report fourth-quarter 2017 results before the opening bell on Nov 9. The company has an excellent earnings surprise history, having beaten estimates in the trailing four quarters, for an average positive surprise of 3%. Last quarter, the company reported earnings of $3.30 per share, reflecting a beat of 5.1% […]

Stock Analysts

Not Rewarding Surprises Like It Used To: Global Week Ahead

In the Global Week Ahead , USA large-cap stock markets look quieter, with so many earnings results already priced in. Third quarter earnings season has 81% of S&P500 companies completed. To date, the market has been rewarding upside earnings surprises less than average and is punishing downside earnings surprises more than average. […]

Stock Analysts

Sysco (SYY) Q1 Earnings & Sales Beat, Up Year Over Year

Global food products maker and distributor Sysco Corporation SYY reported first-quarter fiscal 2018 results, wherein both top and bottom lines grew year over year and surpassed the Zacks Consensus Estimate. Results were mainly backed by strength in the company’s U.S. Foodservice Operations despite the dismal impact of hurricanes […]

Stock Analysts

Facebook (FB) Q3 Ad Revenues Grow Despite Russia Episode

Facebook ’s FB blockbuster third-quarter 2017 earnings report clearly shows that there’s no stopping this tech juggernaut come what may (read: the Russian ad fiasco ). Facebook has been under fire from all quarters ever since the company revealed that Russian actors misused the platform to influence 2016 presidential elections outcome. However, this has not impacted Facebook’s performance so far […]