Month: February 2018

Archer Daniels Midland Company ADM has been gaining from strategic initiatives like management of business portfolio, Project Readiness, focus on cost-savings program and a disciplined capital allocation strategy. Recently, it reported solid fourth-quarter 2017 earnings wherein the bottom line surpassed the Zacks Consensus Estimate and improved year over year. However, these initiatives were not enough to reverse the company’s dismal sales trend that has been lagging estimates for more than three years now […]

After experiencing a strong 2017, the hotel industry is likely to enjoy another successful year. A confluence of factors is working in favor of the sector at the moment. Firstly, the economy remains strong and the labor market continues to strengthen […]

Dycom Industries Inc. DY has recently lowered its outlook for second-quarter fiscal 2018 (ended Jan 27) ahead of the release of results (scheduled on Feb 28). Shares were down about 15% at one point in pre-market trading following the news, reflecting investors’ disappointment with the lowered guidance […]

With markets in correction mode, it’s very difficult to select stocks that will offer steady returns going forward. Investors may apply complex investment strategies with an aim to book higher returns but may not be rewarded with the desired returns. Thus, at present, investors should use conventional strategies, based on key fundamentals, to select stocks […]

Boston Beer Company Inc . SAM is having a bull run lately owing to its robust cost-savings initiatives as well as lower tax rate. Moreover, its commitment toward three-point growth plan and long-term innovation remain encouraging […]

Shopify Inc . SHOP is set to report fourth-quarter 2017 results on Feb 15. Notably, the company’s earnings have outpaced the Zacks Consensus Estimate in three out of the four trailing quarters, with an average positive surprise of 166.5%. […]

Bank of America Corporation ’s BAC Chief Executive Officer, Brian T. Moynihan receives a 15% hike in his total compensation for 2017. […]

Shake Shack Inc. SHAK is scheduled to report fourth-quarter 2017 numbers on Feb 15, after the market closes. In the quarter, we expect the company to post an encouraging top-line performance driven by significant growth in both licensing revenues and Shack sales. […]

Molina Healthcare Inc. MOH reported fourth-quarter 2017 adjusted earnings of 34 cents per share, which surpassed the Zacks Consensus Estimate of 23 cents. The bottom line, however, declined 46% from the year-ago quarter […]

Under Armour, Inc. UAA reported mixed quarterly numbers in fourth-quarter 2017 wherein earnings came in below the Zacks Consensus Estimate but revenues surpassed the same. The company reported break-even adjusted earnings, missing the consensus mark of 1 cent […]

Arch Capital Group Ltd. ACGL reported fourth-quarter 2017 operating income per share of $1.34, which outperformed the Zacks Consensus Estimate by 18.6%. […]

PepsiCo, Inc. PEP reported fourth-quarter 2017 (ending Dec 30) results, with earnings and revenues beating the Zacks Consensus Estimate. Notably, this is the seventh consecutive quarter of positive earnings surprise. […]

Restaurant Brands International, Inc. QSR reported mixed fourth quarter of 2017 results, with earnings surpassing the Zacks Consensus Estimate but revenues missing the same. […]

Per a report in The Wall Street Journal , Walgreens Boots Alliance, Inc. WBA is in early-stage talks to buy the remaining stake in the leading pharmaceutical services company, AmerisourceBergen Corporation ABC . […]

In a customer-friendly move, Citrix Systems CTXS acquired web monitoring company Cedexis, based in Portland. Terms of the deal were, however, not revealed. The addition of Cedexis’ technology will enhance Citrix’s networking portfolio […]

CBS Corporation CBS is slated to report fourth-quarter 2017 results on Feb 15, after the closing bell. In the previous quarter, the company reported earnings beat of 3.7%. The bottom line also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average positive surprise of 5.6%. […]