Stock Analysts

ArcelorMittal (MT) Q4 Earnings Beat Estimates, Sales Miss

Steel giant, ArcelorMittal MT logged net income of $1,039 million or $1.02 per share in fourth-quarter 2017, up from $403 million or 40 cents a year ago. The company’s adjusted earnings came in at 90 cents per share that beat the Zacks Consensus Estimate of 80 cents. Revenues went up 25.4% year over year to $17,710 million in the quarter on the back of increased steel shipments, higher average steel selling prices and higher market-priced iron ore shipments partly offset by reduced seaborne iron ore reference prices. […]

Technicals

Should You Sell Bristol-Myers Squibb (BMY) Before Earnings?

Investors are always looking for stocks that are poised to beat at earnings season and Bristol-Myers Squibb Company BMY may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Bristol-Myers Squibb is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. […]

Technicals

Marathon Petroleum (MPC) Q4 Earnings and Sales Top Estimates

Independent refiner and marketer Marathon Petroleum MPC reported fourth quarter 2017 earnings per share of $1.05, ahead of the Zacks Consensus Estimate of $1.00. Higher contribution from the Refining & Marketing segment led to the outperformance. Revenue Came in Higher than Expected : Marathon Petroleum posted revenues of $21,236 million, beating the Zacks Consensus Estimate of $19,698 million. […]

Technicals

National Instruments Corporation (NATI) Jumps: Stock Rises 7.4%

National Instruments NATI was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company for the company—as the stock is now up 18.1% in the past one-month time frame […]

Technicals

Valero Energy (VLO) Beats on Q4 Earnings & Revenues

An Earnings Beat : Valero Energy Corporation ( VLO ) reported fourth quarter income per share of $1.16, higher than the Zacks Consensus Estimate of $1.05. Higher throughput margin owing to 92% throughput capacity utilization supported Valero Energy’s strong fourth-quarter results. Estimate Revision Trend & Surprise History : Investors should note that the Zacks Consensus Estimate has seen one upward revision and six downward revisions in the last thirty days. […]