Stock Analysts

Avnet (AVT) Q2 Earnings & Revenues Top, FY18 Guidance Up

Avnet Inc. AVT reported second-quarter fiscal 2018 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. The company reported fiscal second-quarter adjusted earnings of 78 cents per share, beating the Zacks Consensus Estimate of 72 cents and also marked improvement from the year-ago quarter by a penny. […]

Stock Analysts

Intuitive Surgical (ISRG) Beats on Q4 Earnings & Revenues

Intuitive Surgical Inc ISRG posted adjusted earnings of $2.54 per share in the fourth quarter of 2017, which beat the Zacks Consensus Estimate of $2.27 and improved 25.1% year over year. Revenues increased 17.9% year over year to $892.4 million, driven by growth in Instrument & Accessories, Services and Systems segments. Revenues also beat the Zacks Consensus Estimate of $864 million. […]

Stock Analysts

Western Digital (WDC) Beats on Q2 Earnings, ’18 View Solid

Western Digital Corp. WDC reported second-quarter fiscal 2018 non-GAAP earnings of $3.95 per share, which beat the Zacks Consensus Estimate by 14 cents and soared 71.7% from the year-ago quarter. After adjusting for a provisional net tax charge of $1.6 billion, primarily due to the repatriation tax as a result of the Tax Cuts and Jobs Act, GAAP loss was $2.78 per share […]

Technicals

Air Products (APD) Beats Q1 Earnings & Sales Estimates

Air Products and Chemicals Inc. APD is a world-leading industrial gases company serving manufacturing markets including refining and petrochemical, metals, electronics, and food and beverage. Earnings Air Products’ adjusted earnings were $1.79 per share for first-quarter fiscal 2018, up 22% year over year […]

Mergers & Acquisitions

Alliance PT Enters Midwestern Physical Therapy Market

Alliance PT Enters Midwestern Physical Therapy Market GPB Capital Affiliate Completes Seventh Acquisition, Purchasing Franklin Rehabilitation in Wisconsin PR Newswire NEW YORK, Jan. 26, 2018 NEW YORK , Jan. 26, 2018 /PRNewswire/ — Alliance Physical Therapy Partners (“Alliance PT”), an affiliate of GPB Capital, has acquired a majority ownership stake in Franklin Rehabilitation (“Franklin Rehab”) which provides specialized rehabilitation services at two physical therapy clinics in the Milwaukee suburb of Franklin, Wisconsin . […]