Honda Motor Co., Ltd. HMC reported consolidated income of ¥570.2 billion or ¥318.50 per share ($2.82 per ADR) in the third quarter of fiscal 2018 (ended Dec 31, 2017), up ¥224.83 from the year-ago period. The Zacks Consensus Estimate for earnings per share during the quarter was 78 cents. […]
Phillips 66 PSX posted adjusted fourth-quarter 2017 earnings of $1.07 per share, which beat the Zacks Consensus Estimate of 86 cents and surpassed the year-ago figure of 16 cents. The improvement came on the back of higher contribution from the Refining and Midstream segment. In 2017, adjusted earnings were $4.38 per share, which increased from $2.82 in the prior-year quarter and beat the Zacks Consensus Estimate of $4.19. […]
Friday, February 2, 2018 Happy Groundhog Day! As we see on the first Friday of almost every month, new non-farm payrolls from the Bureau of Labor Statistics (BLS) have been released before the opening bell. This comes in conjunction with tonnage of new Q4 earnings reports both after yesterday’s market close and before today’s open. The headline was better than expected, but not a huge surprise: 200K new jobs created in January, with an Unemployment Rate remaining steady at 4.1%. […]
Happy Groundhog Day! As we see on the first Friday of almost every month, new non-farm payrolls from the Bureau of Labor Statistics (BLS) have been released before the opening bell. This comes in conjunction with tonnage of new Q4 earnings reports both after yesterday’s market close and before today’s open. The headline was better than expected, but not a huge surprise: 200K new jobs created in January, with an Unemployment Rate remaining steady at 4.1% […]
An Earnings Miss: U.S. energy giant Chevron Corporation CVX reported adjusted earnings per share of 73 cents, lower than the Zacks Consensus Estimate of $1.27. The underperformance primarily stems from a one-time tax adjustment related to the recent overhaul. […]
Leading Ambulance Manufacturers Braun Industries and Demers Ambulances Joining Forces PR Newswire BELOEIL, QC and VAN WERT, OH, Feb. 2, 2018 Combination of the two largest independent family-based ambulance manufacturers in North America creates a leader within a global industry BELOEIL, QC and VAN WERT, OH , Feb. 2, 2018 /PRNewswire/ – Demers Ambulances, a Quebec -based leader in the design, manufacturing, and distribution of ambulances in Canada , is merging with Braun Industries, Inc., a leader in custom ambulance manufacturing based in Ohio serving customers throughout the U.S. […]
Trimble Acquires e-Builder to Expand its Construction Management Solutions e-Builder and Trimble Accelerate Construction Industry Transformation with Integrated Program Management for Owners, Program Managers and Contractors PR Newswire SUNNYVALE, Calif., Feb. 2, 2018 SUNNYVALE, Calif. , Feb […]
Leading U.S cable TV operator, Charter Communications Inc. CHTR , primarily offers three services – video, high-speed data and voice over its broadband cable systems to both residential and business customers. We are concerned about Charter Communications’ operations in a saturated and competitive multi-channel U.S. […]
Loss Wider than Expected : Weatherford International Ltd. ( WFT ) reported fourth quarter loss per share of 33 cents, wider than the Zacks Consensus Estimate of a loss of 21 cents and year ago quarter loss of 32 cents. Estimate Revision Trend & Surprise History : Investors should note that the Zacks Consensus Estimate has no upward and downward revisions in the last seven days. […]
Earnings Miss: Irving, TX-based ExxonMobil Corporation XOM reported adjusted earnings per share at 88 cents, below the Zacks Consensus Estimate of $1.06. Following the underperformance, the stock fell nearly 3% in the pre-market trading. Estimate Revision Trend & Surprise History: Investors should note that the Zacks Consensus Estimate for the quarter has been revised upward over the last 30 days. […]
Mansfield Energy Acquires Hi-Grade, Inc. Oil and Lubricants Business Assets North American Leader in Fuel Suppy and Logistics Expands Offering in Ohio with Acquisition PR Newswire GAINESVILLE, Ga., Feb. 2, 2018 GAINESVILLE, Ga. […]
Ocean Spray Cranberries Reaches Agreement to Purchase Cranberry Operations in Quebec Farmer-Owned Cooperative to acquire Atoka Cranberries Inc. PR Newswire LAKEVILLE-MIDDLEBORO, Mass., Feb. 2, 2018 LAKEVILLE – MIDDLEBORO, Mass. […]
AstraZeneca plc AZN reported fourth-quarter 2017 core earnings of 65 cents per American Depositary Share (ADS), which beat the Zacks Consensus Estimate of 45 cents. Core earnings rose 13% year over year at constant exchange rates (CER). Higher product sales boosted profits in the quarter […]
LyondellBasell Industries ’ LYB net profits from continuing operations, as reported, rose more than two-fold year over year to $1.9 billion or $4.80 per share in the fourth quarter of 2017. Barring a non-cash benefit from the U.S. tax reform of $2.07 per share, adjusted earnings came in at $2.73 per share for the quarter, beating the Zacks Consensus Estimate of $2.52 […]
Cypress Semiconductor Corp. CY reported fourth-quarter 2017 earnings per share of 28 cents, which beat the Zacks Consensus Estimate by 3 cents and improved 86.7% from the year-ago quarter. […]
XL Group Ltd XL reported fourth-quarter 2017 operating net income of 45 cents per share, which missed the Zacks Consensus by 8.2%. Moreover, the bottom line deteriorated 4.3% from the prior-year quarter. The catastrophe loss incurred in the reported quarter, stemming from the California wildfires, was mainly responsible for the downside […]
Puma Biotechnology, Inc. PBYI entered into an exclusive agreementwith a biopharmaceutical company, CANbridge under which the latter will develop and commercialize Nerlynx (neratinib) in mainland China, Taiwan, Hong Kong, and Macau (greater China). […]
Core Laboratories N.V. CLB reported fourth-quarter 2017 adjusted earnings of 58 cents per share, in line with the Zacks Consensus Estimate. The figure compared favorably with the prior-year quarter figure of 41 cents. […]
Biotech major Amgen Inc. AMGN reported fourth-quarter 2017 earnings of $2.89 per share, which missed the Zacks Consensus Estimate of $3.04 by 4.9%. […]
Alnylam Pharmaceuticals, Inc. ALNY announced that the FDA has accepted a NDA for its lead candidate patisiran. The candidate is an investigational RNAi therapeutic targeting transthyretin (“TTR”) for the treatment of adults with hereditary ATTR amyloidosis (hATTR) with polyneuropathy […]
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