Month: February 2018

Cincinnati Financial Corporation CINF reported fourth-quarter 2017 operating income of 93 cents per share, beating the Zacks Consensus Estimate of 86 cents by 8.1%. Also, the bottom line improved 24% year over year, mainly on higher revenues and a solid segmental performance. Cincinnati Financial Corporation Price, Consensus and EPS Surprise Cincinnati Financial Corporation Price, Consensus and EPS Surprise | Cincinnati Financial Corporation Quote Including net realized investment loss of 4 cents per share and effects of the U.S. […]

Viacom VIAB reported mixed results in the first quarter of fiscal 2018 (ended Dec 31, 2017), wherein earnings per share outpaced the Zacks Consensus Estimate but revenues lagged the same. The company’s earnings (excluding 30 cents from non-recurring items) of $1.03 per share surpassed the Zacks Consensus Estimate by 8 cents. However, total revenues of $3,073 million missed the Zacks Consensus Estimate of $3,140.4 million […]

Biogen Inc. BIIB announced that its multiple sclerosis (MS) product, Tysabri (natalizumab) failed to meet the primary and secondary endpoints in a phase IIb study, evaluating the medicine for another indication – acute ischemic stroke (AIS). Tysabri is presently approved to treat multiple sclerosis and Crohn's disease […]

O’Reilly Automotive Inc. ORLY reported adjusted earnings of $2.9 per share in fourth-quarter 2017, beating the Zacks Consensus Estimate of $2.78. The bottom line was $2.59 in the prior-year quarter. […]

Kellogg Company ’s K fourth-quarter 2017 adjusted earnings came in line with the Zacks Consensus Estimate while revenues surpassed the same. Cost-saving initiatives as well as higher contribution from the acquisitions of protein bar maker RXBAR and Brazilian food group Parati helped the company offset the industry-wide soft consumption trends for packaged food items. Earnings In Line Fourth-quarter comparable earnings of 96 cents per share came in line with the Zacks Consensus Estimate. […]

IMAX Corporation IMAX has recently announced a sales agreement with Supercines, the largest movie chain in Ecuador. The deal is to install five new IMAX theatres across the South American country of which, three are to be located in Guayaquil while the other two in Ambato and Machala, respectively. Following this deal, Supercines totals seven IMAX theatres across Ecuador with the existing ones at Guayaquil and Quito. […]

Willis Towers Watson Public Limited Company WLTW reported fourth-quarter 2017 adjusted earnings of $2.21 per share, surpassing the Zacks Consensus Estimate of $2.11 by 4.7%. Also, the bottom line improved 17.6% year over year. Willis Towers Watson Public Limited Company Price, Consensus and EPS Surprise Willis Towers Watson Public Limited Company Price, Consensus and EPS Surprise | Willis Towers Watson Public Limited Company Quote Increase in revenues as well as a solid segmental performance were responsible for this upside […]

Regeneron Pharmaceuticals, Inc. REGN reported fourth-quarter of 2017 results wherein both earnings and sales beat expectations on the back of strong performance of eye-care drug Eylea. The company’s shares moved up in the pre-market trading and we expect shares to gain further momentum. […]

The Goodyear Tire & Rubber Company GT reported adjusted earnings per share of 99 cents in comparison to 95 cents in the prior-year quarter. Moreover, the bottom line surpassed the Zack Consensus Estimate of 76 cents. The company reported net loss of $96 million against net income of $561 million in fourth-quarter 2016 […]

GlaxoSmithKline plc GSK reported core earnings of 72 cents per American depositary share in the fourth quarter of 2017, surpassing the Zacks Consensus Estimate of 69 cents. The bottom line was up 11% at constant exchange rate (CER) compared with the year-ago figure. […]

AXIS Capital Holdings Limited AXS reported fourth-quarter 2017 operating profit of 24 cents per share, missing the Zacks Consensus Estimate by 4.00%. Also, the bottom line declined 79% year over year. […]

The New York Times Company NYT posted sixth straight quarter of positive earnings surprise, when it reported fourth-quarter 2017 results. The company delivered adjusted earnings from continuing operations of 39 cents a share that came ahead of the Zacks Consensus Estimate of 30 cents and jumped 30% from the year-ago quarter. The newspaper publisher's total revenue of $484.1 million rose 10.1% year over year, and came ahead of the Zacks Consensus Estimate of $467.3 million […]

Theravance Biopharma, Inc. ’s TBPH shares increased almost 15% on Feb 7 after it announced a global collaboration agreement with Janssen, a subsidiary of Johnson & Johnson JNJ , to jointly develop and commercialize its pan-Janus kinase (JAK) inhibitor, TD-1473, for treatment of inflammatory intestinal diseases. […]

On Feb 6, we issued an updated research report on Quest Diagnostics, Inc. DGX , a major commercial laboratory services provider. […]

Torchmark Corporation ’s TMK fourth-quarter 2017 net operating income of $1.24 per share beat the Zacks Consensus Estimate by 0.8%. The bottom line improved nearly 7.8% year over year on the back of higher premiums from the Life and Health segments. […]

Southwest Airlines Company LUV has reported a substantial rise in traffic figures for January. Traffic (measured in revenue passenger miles or RPMs) rose 4% to around 9.73 billion in the month. Meanwhile, capacity or available seat miles (ASMs) inched up 1.9% to 12.5 billion […]

Cardinal Health Inc. CAH reported second-quarter fiscal 2018 adjusted earnings of $1.51 per share, which beat the Zacks Consensus Estimate of $1.14. However, excluding 20 cents benefit from the legislated tax reform, adjusted earnings were $1.31 per share […]

Markel Corporation MKL reported fourth-quarter 2017 income of $6.64 per share, missing the Zacks Consensus Estimate of $8.55. The bottom line also declined 27.1% year over year. Markel Corporation Price, Consensus and EPS Surprise Markel Corporation Price, Consensus and EPS Surprise | Markel Corporation Quote Higher expenses weighed on the bottom line […]