Month: November 2017

Brazilian steel maker Companhia Siderurgica Nacional SID or CSN reported unaudited results for third-quarter 2017, with net earnings of R$256.2 million ($81.1 million) versus net loss of R$66.8 million ($20.6 million) recorded in the year-ago quarter. Earnings per share in the quarter was R$0.18 or 6 cents per American Depository Receipt. Revenues Improved CSN’s net revenues in the quarter were R$4,809.7 million ($ million), increasing 7.6% year over year and 12% sequentially. […]

Statoil ASA ’s STO reported adjusted earnings of 25 cents per ADR in third-quarter 2017, which beat the Zacks Consensus Estimate of 22 cents. The company incurred adjusted loss of 9 cents in the year-earlier quarter. […]

After missing estimates in the second quarter of 2017, Big 5 Sporting Goods Corporation ’s BGFV third-quarter earnings were in line with the Zacks Consensus Estimate, while top line was marginally short of the consensus mark. In fact, third-quarter results also matched the company’s guidance. […]

Fujifilm Holdings Corporation FUJIY reported solid earnings in second-quarter fiscal 2018 (ended Sep 30, 2017). The stellar performance was stemmed by robust sales in the company’s electric imaging field, electronic materials, medical systems and electronic imaging business. Inside the Headlines Net income for the quarter came in at ¥27.1 billion ($244.3 million), up 21.4% year over year. […]

BOK Financial Corporation BOKF raised its quarterly common stock dividend nearly 2.27% to 45 cents per share. The dividend will be paid on Nov 27 to shareholders of record as of Nov 13, 2017. BOK Financial’s robust business model reflects the company’s commitment toward returning value to shareholders with its strong cash generation capabilities. […]

A few chemical companies are lined up to report their quarterly numbers on Nov 2. Per the Zacks Industry classification, the chemical industry is grouped under the broader Basic Materials sector. […]

We are in the thick of the Q3 earnings season with results seemingly on solid ground given the positive momentum on the revenue front. Apart from maintaining the above-average proportion of positive earnings surprises, the estimate revision trend for the December quarter is quite palpable. According to our latest Earnings Preview , 64.2% of the total market capitalization of S&P 500 is already out. […]

Electronic Arts EA reported second-quarter fiscal 2018 results, wherein the company’s non-GAAP earnings of 66 cents per share easily beat the Zacks Consensus Estimate of 55 cents. However, shares fell 3% in the aftermarket session as Electronic Arts’ outlook for the third quarter of fiscal 2018 (which includes the important holiday season) was lower than expected. For the current quarter, the company expects net bookings (total revenues plus change in deferred revenues for online-enabled games) to be $2 billion whereas the Zacks Consensus Estimate stands at $2.05 billion […]

Power supplier Southern Company SO reported third-quarter 2017 earnings per share (excluding certain one-time items) of $1.12, above the Zacks Consensus Estimate of $1.08. The outperformance stemmed from robust performance of its wholesale unit and lower costs. However, the bottom line deteriorated from the year-ago profit of $1.27 amid tepid retail electricity demand due to unfavorable weather conditions […]

3D Systems Corporation ’s DDD posted another huge earnings miss — the company’s third after a streak of three back-to-back quarters of impressive beats. The company reported a loss of 34 cents per share for third-quarter 2017, in stark contrast to the Zacks Consensus Estimate of earnings of 5 cents. The figure fared dismally in year-over-year comparison as well, having tanked 78.9% from the prior-year quarter loss of 19 cents […]

Allergan plc ’s AGN third-quarter 2017 earnings came in at $4.15 per share, beating the Zacks Consensus Estimate of $4.06 by 2.2%. Earnings rose 25% year over year as higher revenues offset higher costs. […]

Zimmer Biomet Holdings, Inc. ZBH reported third-quarter 2017 adjusted earnings per share (EPS) of $1.72, up 3.9% year over year. Adjusted earnings also missed the Zacks Consensus Estimate by 2 cents […]

Apple Inc ’s AAPL Services segment, which includes revenues from Internet Services, App store, Apple Music, AppleCare, Apple Pay, licensing and other services, is in top gear. Revenues from this segment are now equal to that of a Fortune 100 company. In the third quarter, revenues from this segment grew 22% to $7.3 billion, representing 16% of the total revenues and were second only to iPhone. […]

Aduro BioTech, Inc. ADRO reported third-quarter 2017 loss of 33 cents per share, in line with the Zacks Consensus Estimate but narrower than the year-ago loss of 54 cents per share. Quarterly revenues fell 2.4% year over year to $3.7 million […]

Q3 earnings season has taken center stage, with 272 S&P 500 members, which account for 64.2% of the index’s total market capitalization, having reported their numbers. Per the latest Earnings Preview , total earnings for these companies are up 8.7% from the same period last year on 6.7% higher revenues, with 75.7% beating earnings and 66.2% surpassing revenue estimates. […]