Stock Analysts

Is a Beat in Store for Packaging Corp (PKG) in Q4 Earnings?

Packaging Corporation of America PKG is scheduled to report fourth-quarter 2017 results after the market closes on Jan 30. Last quarter, the company’s adjusted earnings missed the Zacks Consensus Estimates. Notably, Packaging Corporation’s earnings have surpassed estimates in three out of the trailing four quarters, with an average positive earnings surprise of 2.6%. […]

Stock Analysts

Tech Roundup: AAPL Taxes, IBM Earnings, FB Newsfeed, iPhone X

The top news for last week included Apple’s AAPL decision to pay off its U.S. taxes, International Business Machines’ IBM return to revenue growth, a positive view of Facebook’s FB newsfeed change and iPhone X estimate declines. Here are the details- Apple Cash Repatriation Apple has made headlines by announcing that it will pay all of the $38 billion it owes the government in taxes on its overseas cash hoard of $252 billion. […]

Stock Analysts

Southwest Airlines (LUV) Beats on Q4 Earnings & Revenues

Southwest Airlines Company LUV reported better-than-expected earnings and revenues in the fourth quarter of 2017. The carrier’s earnings per share (excluding $2.41 from non-recurring items) of 77 cents beat the Zacks Consensus Estimate of 76 cents. The bottom line also increased 4.1% on a year-over-year basis […]

Stock Analysts

Union Pacific (UNP) Misses on Q4 Earnings, Revenues Beat

Union Pacific Corporation UNP delivered mixed results in the fourth quarter of 2017. Evidently, the company reported lower-than-expected earnings per share but better-than-expected revenues. The company’s earnings of $1.53 per share (excluding $7.72 from non-recurring items) fell short of the Zacks Consensus Estimate by a penny […]

Stock Analysts

5 Housing Stocks to Soar, Braving Weak December Home Sales

Sales of previously owned homes decreased in December 2017, as low inventory is limiting the choice of prospective buyers and keeping price growth elevated. Again, unseasonably cold weather also accounted for a bit of the downfall. December Existing Home Sales Data As revealed by the National Association of Realtors (NAR), existing-home sales slipped 3.6% in December to a seasonally adjusted annual rate of 5.57 million units from a downwardly revised 5.78 million in November after three straight months of strong increases. […]

Stock Analysts

3M (MMM) Beats Q4 Earnings on Organic Growth, Guides Up

Driven by broad-based organic growth across all segments and geographies, 3M Company MMM reported strong fourth-quarter 2017 results with healthy year-over-year increase in adjusted earnings and revenues. GAAP earnings for the reported quarter were $523 million or 85 cents per share compared with $1,155 million or $1.88 per share in the year-earlier quarter. The year-over-year decline in GAAP earnings despite higher sales was largely due to tax expense of $762 million or $1.25 per share […]

Stock Analysts

Raytheon (RTN) Beats on Q4 Earnings, Issues ’18 Outlook

Raytheon Company RTN reported fourth-quarter 2017 adjusted earnings from continuing operations of $2.03 per share, beating the Zacks Consensus Estimate of $2.02 by 0.5%. The company’s reported earnings of $1.35 per share came in below the prior-year quarter’s equivalent of $1.88, owing to the Tax Cuts and Job Acts of 2017, which had an unfavorable impact of 59 cents on earnings. […]