Month: January 2018

Facebook’s FB growing video initiatives are expected to lend better support to its fourth-quarter 2017 results, scheduled to be released on Jan 31. Advertisers prefer video advertisements as these appear to be the most lucrative medium to attract the audience. Hence, growth in video consumption on Facebook’s platform bodes well for the company […]

Harley-Davidson, Inc. HOG reported adjusted earnings of 54 cents per share in fourth-quarter fiscal 2017, beating the Zacks Consensus Estimate of 46 cents. Earnings in the year-ago quarter were 27 cents […]

Theravance Biopharma, Inc. TBPH and partner Mylan (MYL) have announced that the new drug application (NDA) for their pipeline candidate, revefenacin (TD-4208), has been accepted by the FDA for treatment of adults with chronic obstructive pulmonary disease (COPD). […]

We are in the heart of the Q4 reporting cycle and the real estate investment trust (REIT) space is buzzing with activity. In fact, there are a number of Q4 earnings releases queued for this week, of which AvalonBay Communities, Inc. AVB , Simon Property Group, Inc. […]

Marvell Technology Group Ltd. MRVL yesterday announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) related to its proposed acquisition of Cavium Inc. CAVM expired last Friday […]

Franklin Resources Inc. BEN recorded a positive earnings surprise of 17.3% in first-quarter fiscal 2018. Adjusted earnings of 88 cents per share beat the Zacks Consensus Estimate of 75 cents […]

Pentair plc PNR reported fourth-quarter 2017 adjusted earnings of 93 cents per share, up 19% from the year-ago quarter. Earnings came in line with the Zacks Consensus Estimate as well as management’s guidance. Including one-time items, the company reported earnings of $1.11 per share, soared 85% from 60 cents recorded in the year-ago quarter […]

Ulta Beauty Inc . ULTA has been gaining from its effective marketing initiatives, loyalty program, sturdy e-commerce business, superb salon operations and strength in prestige cosmetics. Additionally, favorable traffic is driving comparable store sales (comps) growth. […]

PACCAR Inc. ’s PCAR fourth-quarter 2017 adjusted earnings came in at $1.18 per share, up from 82 cents recorded in the year-ago quarter. […]

Health insurer Aetna Inc.’ s AET fourth-quarter earnings of $1.25 per share beat the Zacks Consensus Estimate of $1.18. Earnings, however, declined 23% from the prior-year quarter. The decline in earnings was primarily due to lower favorable development of prior-period health care cost estimates in Aetna's Health Care segment and targeted investment spending on growth initiatives. […]

DST Systems Inc. DST reported impressive fourth-quarter 2017 results, beating expectations on both counts. The company’s non-GAAP earnings from continuing operations of $1.11 per share beat the Zacks Consensus Estimate of 84 cents. […]

Koninklijke Philips N.V. PHG reported decent fourth-quarter 2017 results, driven by robust sales growth, particularly in Personal Health and Diagnosis & Treatment businesses. The Dutch electronics giant posted fourth-quarter net income of €899 million ($1,058.8 million), an increase of 40.5% compared with the prior-year quarter’s figure of €640 million […]

The Hershey Company HSY is slated to report fourth-quarter 2017 results on Feb 1, before the opening bell. We expect the top line to remain subdued in the to-be-reported quarter, as has been the case for quite some time now owing to changes in consumer preference in North America and soft international sales. Food companies are suffering as the North American food industry is experiencing changes in consumer preference (shift toward products with less artificial sweeteners, sodium and saturated fat), consumer dynamics (such as increased demand for portable and on-the-go products) and increased demand for lower-priced products. […]

CNX Resources Corporation CNX reported adjusted earnings of 98 cents per share in fourth-quarter 2017. The Zacks Consensus Estimate was of a loss of 6 cents. Revenues CNX Resources ' total revenues of $476.9 million in the fourth quarter surpassed the Zacks Consensus Estimate of $343 million by 39% […]

Harris Corporation HRS reported second-quarter fiscal 2018 (ended Dec 29, 2017) earnings (excluding 52 cents from non-recurring items) of $1.67 per share, comfortably beating the Zacks Consensus Estimate of $1.40. The bottom line expanded 17.6% on a year-over-year basis. […]

Danaher Corporation DHR delivered adjusted earnings of $1.19 a share in fourth-quarter 2017, beating the Zacks Consensus Estimate of $1.16 by 2.6%. Further, adjusted earnings increased 13.3% on a year-over-year basis. The upside in the company’s bottom-line can largely be attributed to Danaher Business System (“DBS”) that focuses on three critical areas — quality, delivery, and cost & innovation. […]

CVS Health CVS is scheduled to report fourth-quarter 2017 results on Feb 8, before the opening bell. Last quarter, the company delivered a positive earnings surprise of 0.7%. Its trailing four-quarter average positive earnings surprise is 2.7% […]