Month: February 2018

Keeping its positive surprise history alive, Proofpoint Inc. PFPT , yesterday, reported solid results for fourth-quarter 2017, marking the eighth consecutive quarter of better-than-expected performance for both, the top as well as the bottom line. […]

Dunkin' Brands Group, Inc. DNKN reported strong fourth-quarter 2017 results, exceeding the Zacks Consensus Estimate on both counts. […]

Haemonetics Corporation HAE reported adjusted earnings per share (EPS) of 62 cents in the third quarter of fiscal 2018, a 44% surge year over year. The bottom line also beat the Zacks Consensus Estimate of 41 cents. The metric was favourably attributed by 10 cents of lower tax rate and 4 cents of currency translation, partly offset by a couple of cents’ dilution on increased share count […]

Wall Street is bracing for higher bouts of volatility, after a rebound in U.S. stocks on Feb 6 followed the largest sell-off in more than six years. […]

Growth at a reasonable price or GARP is an excellent way for investors to make some quick gains. This strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. The GARP approach leads to the identification of stocks that are priced below the market or any reasonable target determined by fundamental analysis. […]

Adtalem Global Education Inc . ATGE reported second-quarter fiscal 2018 results, with earnings surpassing the Zacks Consensus Estimate but revenues missing the same. Adjusted earnings of 76 cents per share beat the Zacks Consensus Estimate of 75 cents by 1.3%. […]

Michael Kors Holdings Ltd. KORS maintained its positive earnings surprise streak for the 11th consecutive quarter, with third-quarter fiscal 2018 results. Revenues were ahead of the estimate for the fourth straight quarter […]

Media behemoth The Walt Disney Company DIS reported positive earnings surprise in first-quarter fiscal 2018. The company however, missed the Zacks Consensus Estimate in the preceding quarter. However, the big take away from the quarter under review was a robust top-line performance. […]

Cerner Corp. CERN reported adjusted fourth-quarter earnings of 58 cents per share, down from 61 cents in the year-ago quarter. […]

Snap Inc. SNAP reported loss per share of 13 cents, which was narrower than the Zacks Consensus Estimate of a loss of 15 cents and the year-ago quarter’s loss of 19 cents. The company reported revenues of $285.7 million, which came ahead of the consensus mark of $251.7 million and grew 72.4% year over year […]

Kellogg Company K is set to report fourth-quarter 2017 results on Feb 8, before the opening bell. The company has been witnessing top-line weakness over the last couple of years, primarily due to lower demand in North America. […]

The fourth-quarter earnings season has crossed the halfway mark. So far, the results reflect a favorable trend, with an above average proportion of companies beating both top- and bottom-line expectations. Per the latest Earnings Preview , total earnings for the 251 S&P members that have released results, are up 16% from the year-ago quarter on a 10.5% rise in revenues. […]

Exelon Corporation ’s EXC fourth-quarter 2017 operating earnings of 55 cents per share lagged the Zacks Consensus Estimate of 62 cents by 11.3%. However, quarterly earnings were 25% higher than the year-ago figure of 44 cents. […]

Liberty Property Trust LPT reported fourth-quarter 2017 funds from operations (FFO) per share of 68 cents, which surpassed the Zacks Consensus Estimate of 65 cents. Total operating revenues of around $192.8 million for the quarter also outpaced the Zacks Consensus Estimate of $173.0 million. On a year-over-year basis, the company’s FFO per share climbed from 41 cents per share recorded in the year-earlier quarter, while total operating revenues increased 13.6% year over year […]

We are in the thick of the Q4 earnings season, with 251 S&P 500 members having reported so far. Up until now, the energy sector has witnessed year-over-year earnings growth of 146% in the fourth quarter, courtesy of a partial recovery in crude prices. […]

Genworth Financial, Inc. GNW reported fourth-quarter 2017 adjusted operating income of 65 cents per share, surpassing the Zacks Consensus Estimate of 20 cents by a whopping 225%. Adjusted operating income compared favorably with adjusted operating loss of 27 cents in the year-ago quarter […]

We are in the thick of the fourth-quarter earnings season, with 251 S&P 500 members having reported their numbers. The current earnings season has seen an above-average proportion of positive surprises, a favorable revision trend for the present and upcoming quarter along with a strong revenue momentum. Per the latest Earnings Preview , total earnings for the companies that have reported so far are up 16% year over year on 10.5% higher revenues. […]

Array BioPharma Inc. 's ARRY shares increased more than 15% on Feb 6 after it announced encouraging overall survival (OS) data from a pivotal phase III study evaluating COMBO450, a combination medicine of binimetinib and encorafenib. Array along with partner Pierre Fabre have developed the combo therapy for treating patients with BRAF-mutant advanced, unresectable or metastatic melanoma. […]