Month: January 2018

AT&T Inc. T is scheduled to release fourth-quarter 2017 results on Jan 31, after the market closes. In two of the previous four quarters, the company’s bottom line met the Zacks Consensus Estimate. […]

Ericsson ERIC is set to report fourth-quarter 2017 results on Jan 31. The company has a dreadful earnings history, with repeated, colossal earnings misses. Last quarter, the company missed estimates for the seventh consecutive quarter, recording a massive negative surprise of 700% […]

Following Cullen/Frost Bankers, Inc. ’s CFR reported positive surprise of 5.8% in fourth-quarter 2017, shares jumped 4.32%. Adjusted earnings per share of $1.47 handily surpassed the Zacks Consensus Estimate of $1.39 […]

WEC Energy Group WEC is slated to report fourth-quarter 2017 results before the market opens on Jan 31. In the third quarter, the company reported a positive earnings surprise of 1.49%. Let’s see how things are shaping up for this earnings season. […]

Ormat Technologies Inc. ORA entered in an agreement to acquire U.S. Geothermal, Inc […]

Harris Corp. HRS is slated to release second-quarter fiscal 2018 results on Jan 30, before the market opens. In the last reported quarter, the company delivered a positive earnings surprise to the tune of 2.2% […]

PerkinElmer Inc. PKI reported fourth-quarter 2017 adjusted earnings of 97 cents per share, beating the Zacks Consensus Estimate of 94 cents. Based in Waltham, MA, the leading MedTech company reported adjusted revenues of approximately $641.6 million, which beat the Zacks Consensus Estimate of $617 million. […]

Shares of IBM Corporation IBM have been moving north backed by expanding product portfolio, strategic acquisitions, investor-friendly policies and encouraging fourth-quarter 2017 results. Shares of this Zacks Rank#3 (Hold) company have gained 14% in the past six months, outperforming the industry's rally of 11.8%. Backed by its global on-demand model, IBM has been experiencing strong top-line growth […]

We issued an updated research report on Reliance Steel & Aluminum Co RS on Jan 25. Reliance Steel is gaining from its broad and diversified product base, wide geographic footprint and continued demand strength across aerospace and automotive markets and synergies of acquisitions. […]

SAP SE SAP is scheduled to report fourth-quarter fiscal 2017 results before the opening bell on Jan 30. SAP has an excellent earnings surprise history, with an average positive surprise of 4% in the trailing four quarters. Last quarter, the company’s adjusted earnings beat the Zacks Consensus Estimate by 4.4% […]

Boston Scientific Corporation BSX has recently announced a major investment in Santa Rosa, CA-based Millipede, Inc., to augment its position in the field of mitral regurgitation (MR). Millipede is the developer of IRIS Transcatheter Annuloplasty Ring System for the treatment of severe MR. […]

CA, Inc. CA is slated to release third-quarter fiscal 2018 results on Jan 30. […]

Sirius XM Holdings Inc. SIRI board approved an extra stock repurchase of $2 billion. Incidentally, the buyback program was initially started in 2013 and following this additional repurchase, the company’s total authorization now stands at $12 billion […]

KLA-Tencor Corporation KLAC reported second-quarter fiscal 2018 earnings of $1.97 per share, beating the Zacks Consensus Estimate by 25 cents. The figure surged 30% from the year-ago quarter and 10% sequentially. Revenues increased 11.3% from the year-ago quarter to $975.8 million, comfortably surpassing the Zacks Consensus Estimate of $964 million […]

Two household-name stocks, Intel INTC and Starbucks SBUX , reported Q4 and fiscal Q1 earnings reports, respectively, after the closing bell today. While Intel crushed estimates on both top- and bottom-lines on slightly more modest guidance, Starbucks slightly missed revenue estimates, and its stock is down 3% in late trading. For Zacks Rank #2 (Buy) Intel, it posted $1.08 per share — a 25% positive surprise over the Zacks consensus 86 cents. […]