Month: November 2017

Melco Resorts & Entertainment Limited MLCO posted better-than-expected third-quarter 2017 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. However, shares declined nearly 4% in yesterday’s trading session. Earnings and Revenue Discussion Adjusted earnings per share of 31 cents surpassed the Zacks Consensus Estimate of 23 cents by 34.8%. […]

American International Group Inc. AIG reported third-quarter 2017 operating loss of $1.22 per share, which missed the Zacks Consensus Estimate by 47%. In the year-ago quarter, the company had reported earnings of $1.01 per share. […]

AutoNation Inc. AN reported adjusted earnings of $1.08 per share in third-quarter 2017, which surpassed the Zacks Consensus Estimate of 84 cents. […]

Teva Pharmaceutical Industries Limited TEVA reported third-quarter 2017 earnings of $1.00 per share, which missed the Zacks Consensus Estimate of $1.05 per share by 4.8% and declined 24% year over year. Revenues of $5.61 billion were in line with the Zacks Consensus Estimate. Sales increased 1% year over year (up 4% excluding impact of currency), mainly due to the inclusion of an extra month of revenues from Actavis acquisition compared with the third quarter of last year. […]

Achillion Pharmaceuticals, Inc. ACHN reported a loss of 14 cents per share in the third quarter of 2017, narrower than the Zacks Consensus Estimate of a loss of 18 cents. In the year-ago quarter, the company had reported a loss of 15 cents per share […]

TreeHouse Foods, Inc. THS posted third-quarter 2017 results, wherein the top and the bottom line declined year over year. […]

Mettler-Toledo International Inc. ’s MTD third-quarter 2017 results were impressive, with the company beating the Zacks Consensus Estimate on both counts. Adjusted earnings per share of $4.36 beat the consensus mark by 6 cents and increased 12% year over year […]

IDACORP, Inc. IDA reported third-quarter 2017 operating earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.66 by 8.4%. Quarterly earnings were up 9% from the year-ago figure of $1.65. […]

Pandora Media Inc. P posted adjusted loss per share of 6 cents for third quarter 2017, narrower than the Zacks Consensus Estimate of a loss of 7 cents per share. Revenues increased 7.6% year over year to $378.6 million but missed the Zacks Consensus Estimate of $383 million. […]

Zillow Group Inc. ZG is set to report third-quarter 2017 earnings on Nov 7. We expect the company to benefit from increasing traffic at its mobile apps and websites, strong rental demand and expanding Multiple Listing Services (MLS) partnerships. […]

We expect Perrigo Company plc PRGO to beat expectations when it reports third-quarter 2017 results before the opening bell on Nov 9. Perrigo has an average positive surprise of 13.13%. […]

Will crude oil cross the $100 a barrel mark again? Even though this seems quite unattainable–after mid-2014, the commodity hasn’t even treaded close to this benchmark thanks to the supply glut–the crude pricing scenario is looking up. […]

Alibaba Group Holding Limited BABA reported second-quarter fiscal 2018 (ended Sep 30, 2017) earnings of $1.29 per share, surpassing the Zacks Consensus of $1.04. Earnings were driven by solid growth in the company’s core e-commerce business, strong growth in metrics, international strength and growing cloud-computing services. Despite the strong second-quarter earnings, the results did not have any major impact on its share price. […]

Ironwood Pharmaceuticals, Inc. IRWD reported third-quarter 2017 adjusted loss of 18 cents per share, narrower than the Zacks Consensus Estimate of a loss of 23 cents and flat year over year. Total revenues (collaborative revenues) in the quarter amounted to $86.8 million, up 31.3% from the year-ago period and beat the Zacks Consensus Estimate of $68.5 million. […]

Facebook FB reported third-quarter 2017 results wherein both earnings and revenues beat the Zacks Consensus Estimate. Strong Margins Facebook’s reported operating income of $5.1 billion, which increased 64% year over year. […]

Emergent BioSolutions Inc. EBS reported earnings of 73 cents per share in the third quarter of 2017, which beat the Zacks Consensus Estimate of 40 cents. The bottom line also increased from the year-ago figure of 56 cents. […]

Global cruise vacation company, Royal Caribbean Cruises Ltd. RCL is scheduled to report third-quarter 2017 numbers on Nov 7, before the opening bell. Last quarter, the company pulled off positive earnings surprise of 2.40%. […]

PDL BioPharma, Inc. PDLI reported earnings of 14 cents per share in the third quarter of 2017, surpassing the Zacks Consensus Estimate of 13 cents. The bottom line was also higher than the year-ago figure of 8 cents. […]

SunPower Corp. SPWR reported third-quarter 2017 earnings of 21 cents per share. The Zacks Consensus Estimate stood at a loss of 36 cents. […]

Cinemark Holdings Inc. CNK reported mixed financial results in the third quarter of 2017. […]