Stock Analysts

Arconic’s (ARNC) Earnings and Sales Beat Estimates in Q4

Arconic Inc. ARNC reported net loss of $727 million or $1.51 per share for the fourth quarter of 2017, compared with net loss of $1,258 million or $2.91 per share a year ago. Barring one-time items, adjusted earnings came in at 31 cents per share for the reported quarter, which beat the Zacks Consensus Estimate of 24 cents. […]

Economic Data

Markets Purge, Q4 Earnings Surge

Monday, February 5, 2018 A series of curious events occurred last Friday morning, which continued — Rube Goldberg-like — throughout the day and, it may be argued, even into this morning’s pre-market trading action. Friday’s Dow closed down 673 points, or -2.57%, while the Nasdaq and S&P 500 hived off roughly 2% each. The Dow looks to open down another triple digits, although we’ve seen some early buying back from how low we started this morning […]

Economic Data

Excellent Earnings Despite Markets Downtrading

A series of curious events occurred last Friday morning, which continued — Rube Goldberg-like — throughout the day and, it may be argued, even into this morning’s pre-market trading action. Friday’s Dow closed down 673 points, or -2.57%, while the Nasdaq and S&P 500 hived off roughly 2% each. […]

Stock Analysts

Sysco (SYY) Tops Q2 Earnings & Sales Again; Improves Y/Y

Sysco Corporation SYY reported second-quarter fiscal 2018 results, wherein both top and bottom lines grew year over year and surpassed the Zacks Consensus Estimate. Notably, this marked Sysco’s third straight quarter of earnings and sales beat. Sysco’s impressive past record has also helped this Zacks Rank #2 (Buy) company jump 22.6% in a year, as against the industry ’s decline of 1.5%. […]

Stock Analysts

Key Predictions for Q4 Earnings Reports of CMG, DNKN & BWLD

We are in the thick of the Q4 earnings season with 251 of the S&P 500 members having already reported their quarterly numbers (as of Feb 2). The Picture Thus Far Per the Earnings Preview , total earnings for these 251 companies are up a solid 16% from the year-ago quarter on a 10.5% rise in revenues. While 64.9% of these companies have beaten estimates on both counts, 80.5% surpassed earnings estimates and 78.1% exceeded top-line expectations. […]

Stock Analysts

Fidelity National Hikes Dividend by 10%: Should You Hold?

On Feb 1, Fidelity National Information Services FIS hiked its quarterly common stock dividend by 10% from the previous payout to 32 cents per share. The new dividend will be paid on Mar 30 to shareholders on record as of Mar16, 2018. Prior to this hike, the company had raised its dividend by 12% to 29 cents per share in January 2017 […]

Stock Analysts

Key Factors to Look for Ahead of NVIDIA’s (NVDA) Q4 Earnings

NVIDIA Corporation NVDA is set to report fourth-quarter fiscal 2018 earnings results on Feb 8. This company has witnessed a remarkable streak of beating earnings estimates, especially when looking at the previous four reports. In fact, over the preceding four quarters, NVIDIA surpassed the Zacks Consensus Estimate, with an average positive earnings surprise of 33.5% […]