Stock Analysts

Shake Shack (SHAK) Up on Q3 Earnings Beat, Encouraging View

Shake Shack Inc. SHAK posted mixed third-quarter 2017 results, wherein though earnings beat the Zacks Consensus Estimate, revenues fell slightly short of the same. Notably, shares were up nearly 5% in afterhours trading on Nov 1 as the company raised its sales forecast for the year on the back of stepped-up expansion plans […]

Mergers & Acquisitions

Kryton International Acquires Cementec Industries to Advance Smart Concrete Solutions

Kryton International Acquires Cementec Industries to Advance Smart Concrete Solutions PR Newswire VANCOUVER, Nov. 2, 2017 Acquisition cements Kryton’s leadership position in concrete waterproofing, concrete erosion and concrete abrasion resistance. Innovative products provide solutions to the construction industry’s need for long-lasting concrete infrastructure thereby avoiding costly repairs and replacements […]

Technicals

PG&E Corp (PCG) Beats Q3 Earnings, Misses Sales Estimate

PG&E Corporation PCG , a diversified utility holding company, engages in the business of electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation and storage. Stable financial position, steady growth in customer counts, a well-set of utility assets and disciplined investments in infrastructure projects will likely boost PG&E Corp.’s future performance In addition, the company’s practice of paying dividend is commendable. However, penalties levied for the San Bruno and Carmel incidents, stringent environmental regulations and several operational risks remain potential setbacks […]

Mergers & Acquisitions

Wingate Partners announces sale of Nekoosa

Wingate Partners announces sale of Nekoosa Specialty material converter more than doubled its business since 2012 PR Newswire DALLAS, Nov. 2, 2017 DALLAS , Nov. 2, 2017 /PRNewswire/ — Wingate Partners (” Wingate “), a Dallas -based private equity firm, completed the sale of its portfolio company, Nekoosa Coated Products Holdings, Inc. […]

Stock Analysts

Key Predictions for Q3 Earnings Reports of DUK, AEE, CNP, PNW

The third-quarter earnings season has crossed the half way mark. Total earnings for the 327 S&P members that have already released results are up 7.8% year over year on 6.5% higher revenues, with 74.9% beating earnings and 65.7% topping revenue estimates. Combining the results of the 372 S&P 500 members with the index’s members yet to report, we expect total third-quarter earnings to be up 5.6% year over year on 5.5% higher revenues. […]

Stock Analysts

PG&E Corp (PCG) Beats on Q3 Earnings, Reiterates ’17 View

PG&E Corporation ’s PCG adjusted operating earnings per share of $1.12 in third-quarter 2017 surpassed the Zacks Consensus Estimate of 94 cents by 19.1%. Earnings were also up 19.1% from 94 cents reported in the year-ago quarter. The upside in adjusted earnings was driven by growth in rate-base earnings, as well as positive impacts related to the timing of taxes, the timing of operational spending, and the timing of the phase-two decision in the 2015 GT&S rate case […]