Month: February 2018

Genomic Health, Inc. GHDX announced that use of the Oncotype DXGenomic Prostate Score (GPS) test leads to considerably higher use of active surveillance at six and 12 months compared to no testing within the same time period. Published in Reviews in Urology, results of this large, independently conducted study bring the collective published clinical utility evidence to four studies in nearly 8,300 men, showing the impact of the GPS test in treatment planning. […]

Fidelity National Information Services ’ FIS fourth-quarter 2017 adjusted earnings per share from continuing operations came in at $1.36, surpassing the Zacks Consensus Estimate of $1.34. Also, earnings improved 19.3% from the year-ago quarter figure of $1.14. […]

Tesla, Inc. TSLA is expected to report fourth-quarter and full-year results on Feb 7, 2018, after market close. Last quarter, the electric carmaker delivered an earnings miss of 19.2% […]

Brinker International, Inc. EAT is currently focusing on franchising and digital initiatives. Recently, the company reported second-quarter fiscal 2018 results , with earnings surpassing the Zacks Consensus Estimate and increasing 22.5% year over year. […]

We have crossed the halfway mark in the Q4 reporting season for the S&P 500 index, with results from 251 members already out. Per the latest Earnings Preview , total earnings for these 251 S&P 500 constituents are up 16% from the year-ago quarter on a 10.5% rise in revenues, with 80.5% beating EPS estimates and 78.1% exceeding top-line expectations. Retail REIT GGP Inc […]

Industrial goods manufacturer Regal Beloit Corporation RBC reported decent fourth-quarter 2017 results, on the back of modest organic growth and positive order trends. On a GAAP basis, the company reported a net income of $51.5 million or $1.15 per share compared with $45.6 million or $1.01 per share in the year-earlier quarter. The significant year-over-year improvement was backed by higher revenues. […]

Tapestry, Inc. TPR posted better-than-expected second-quarter fiscal 2018 results. […]

Itau Unibanco Holding S.A. ITUB posted recurring earnings of R$6.3 billion ($1.9 billion) in fourth-quarter 2017, up 8.6% year over year. Including non-recurring items, net income came in at R$5.8 billion ($1.8 billion), up 5.5% year over year […]

Becton, Dickinson and Company BDX , popularly known as BD, reported first-quarter fiscal 2018 earnings of $2.48 per share, which beat the Zacks Consensus Estimate of $2.40. Adjusted earnings increased 3.9% at constant currency (cc) on a year-over-year basis. The company reported revenues of $3.08 billion, beating the Zacks Consensus Estimate of $3.05 billion […]

Roche Holdings AG RHHBY announced positive results from the phase III IMmotion151 study on immunoncology drug Tecentriq in combination with oncology drug Avastin. (bevacizumab). […]

Continuing with its upbeat performance for the sixth straight quarter, Fortinet Inc. FTNT , yesterday, reported better-than-expected results for fourth-quarter 2017, wherein revenues and earnings came ahead of the company’s expectations, and also surpassed the respective Zacks Consensus Estimate. Fortinet’s non-GAAP earnings per share of 32 cents beat the Zacks Consensus Estimate of 29 cents […]

Twitter TWTR is set to report fourth-quarter 2017 results on Feb 8. The company beat the Zack Consensus Estimate in all the trailing four quarters, delivering an average positive surprise of 152.50%. However, in the last reported quarter, the top and the bottom lines declined 4.2% and 23%, respectively on a year-over-year basis […]

TransDigm Group Incorporated TDG reported first-quarter fiscal 2018 adjusted earnings of $5.58 per share, which reflected growth of a whopping 121.4% year over year. The bottom line gained from the favorable impact of the recent tax reforms. Decent top-line growth and improvements in the operating margin also drove earnings. […]

We are in the thick of the Q4 earnings season with 251 of the S&P 500 members having released their quarterly numbers (as of Feb 2) and another 92 scheduled to report. Per the latest Earnings Preview , 80.5% of the S&P 500 companies that have reported have surpassed earnings estimates, 78.1% beat revenue estimates and 64.9% outpaced both earnings and revenues. Further, total earnings for these companies have increased 16% from the same period last year on 10.5% higher revenues. […]

Information technology services provider Gartner, Inc. IT reported relatively healthy fourth-quarter 2017 results with year-over-year growth in revenues and total contract value. Adjusted earnings for the reported quarter were $108 million or $1.17 per share compared with $81.2 million or 97 cents per share in the year-ago quarter. […]

Assurant, Inc. AIZ is slated to report fourth-quarter 2017 results on Feb 7 after the market closes. The company delivered a positive surprise in all the trailing four quarters of 2017 with an average beat of +16.3% […]

Citrix Systems, Inc. CTXS has recently entered into an accelerated share repurchase (ASR) transaction with Goldman Sachs & Co. LLC to buy back an aggregate of $750 million shares […]

Toyota Motor Corporation ’s TM operating income soared 54% to ¥673.6 billion ($5.96 billion) in third-quarter fiscal 2018 (ended Dec 31, 2017). Also, the Japanese automaker reported net income of ¥970.7 billion ($8.6 billion) in the quarter in comparison to ¥506.8 billion ($4.7 billion) in the prior-year quarter. […]