Stock Analysts
Box (BOX) Q4 Loss Narrower Than Expected, Revenues Match
Box, Inc. ’s BOX fiscal fourth-quarter 2018 adjusted loss was 6 cents per share, lower than the Zacks Consensus Estimate. […]
Month: March 2018
Stock Analysts
Here’s Why Office Depot (ODP) Fell Despite Q4 Earnings Beat
After reporting in-line earnings in the third quarter of 2017, Office Depot, Inc. ODP delivered positive earnings surprise of 14.3% in the fourth quarter. […]
Stock Analysts
VMware (VMW) Q4 Earnings & Revenues Beat, ’19 View Positive
VMware Inc . VMW delivered fourth-quarter fiscal 2018 non-GAAP earnings of $1.68 per share, which beat the Zacks Consensus Estimate by a nickel and increased 17.5% from the year-ago quarter. Notably, VMware revised fiscal calendar effective Jan 1, 2017. […]
Stock Analysts
Equifax (EFX) Earnings and Revenues Beat Estimates in Q4
Investors had mixed reactions on Equifax Inc. ’s EFX latest quarterly results as depicted from yesterday’s late-hour trade. Following the company’s fourth-quarter 2017 results, the stock rose approximately 2.2% but finally closed after hour trading at less than 0.5% […]
Mergers & Acquisitions
Rollins Purchases OPC Pest Services
Rollins Purchases OPC Pest Services PR Newswire ATLANTA, March 2, 2018 ATLANTA , March 2, 2018 /PRNewswire/ — Rollins, Inc. (NYSE: ROL) announced today that it has completed its acquisition of OPC Services. […]
Stock Analysts
Alarm.com (ALRM) Q4 Earnings Top Estimates, Issues 2018 View
Alarm.com Holdings, Inc. ALRM reported adjusted fourth-quarter 2017 earnings of 26 cents per share, surpassing the Zacks Consensus Estimate of 24 cents. […]
Stock Analysts
Gap (GPS) Jumps on Q4 Earnings & Sales Beat, Guides FY18
Shares of The Gap Inc. GPS rallied 10.7% during the after-hours trading yesterday, following the better-than-expected fourth-quarter results. This was the company’s fourth straight quarter of positive earnings surprise while recording the fifth consecutive sales beat […]
Stock Analysts
AMC Networks (AMCX) Q4 Earnings Beat, Revenues Lag Estimates
AMC Networks AMCX reported mixed results in the fourth quarter of 2017. While the company’s bottom line surpassed the Zacks Consensus Estimate, the top line missed the same. […]
Stock Analysts
AMC Entertainment (AMC) Beats on Earnings and Revenues in Q4
AMC Entertainment Holdings AMC reported encouraging fourth-quarter 2017 results, wherein both the bottom line and top line surpassed the Zacks Consensus Estimate. AMC Entertainment currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here […]
Stock Analysts
Celanese Lifts FY18 Earnings View on Business Strength
Celanese Corporation CE has raised its earnings guidance for 2018, citing a stronger start to the year across its Acetyl Chain and Advanced Engineered Materials businesses. The chemical maker now envisions its adjusted earnings per share to grow in the 12-16% range year over year in 2018, up from its earlier view of 10-14% growth. Celanese is witnessing better-than-expected performance in each of its businesses […]
Mergers & Acquisitions
ConvergeOne Completes Acquisition Of Arrow Electronics’ Systems Integration Business
ConvergeOne Completes Acquisition Of Arrow Electronics’ Systems Integration Business ConvergeOne Expands Collaboration Footprint and Portfolio of Services Capabilities with Acquisition PR Newswire EAGAN, Minn., March 2, 2018 EAGAN, Minn. , March 2, 2018 /PRNewswire/ — ConvergeOne Holdings, Inc. (NASDAQ: CVON, CVONW), a leading global IT services provider of collaboration and technology solutions, today announced that it has completed the transaction to acquire Arrow Electronics’ Systems Integration business, specializing in unified communications, contact center, and voice and data technologies […]
Momentum Stocks
Bear of the Day: NutriSystem (NTRI)
NutriSystem ( NTRI ) is the $1.5 billion #3 player in weight-loss prepared meal and pre-packaged food delivery. But the company delivered in-line fourth-quarter earnings on February 26 and prepared guidance for 2018 that was well-below expectations, sending the stock down 25% the next day. NutriSystem reported Q4 revenue of $131.2 million, a 20% increase year-over-year, beating the Zacks consensus of $129 million. […]
Mergers & Acquisitions
TETRA Technologies, Inc. Closes on Divestiture of Its Offshore Decommissioning Services and Maritech Businesses
TETRA Technologies, Inc. Closes on Divestiture of Its Offshore Decommissioning Services and Maritech Businesses PR Newswire THE WOODLANDS, Texas, March 1, 2018 THE WOODLANDS, Texas , March 1, 2018 /PRNewswire/ — TETRA Technologies, Inc. (“TETRA” or the “Company”) (NYSE:TTI) announced that it has completed the divestiture of its offshore heavy lift, plugging and abandonment, decommissioning, cutting, diving and related consulting services businesses and its Maritech operations and offshore leases […]
Mergers & Acquisitions
Loyola Medicine Acquires MacNeal Hospital And Affiliated Operations
Loyola Medicine Acquires MacNeal Hospital And Affiliated Operations PR Newswire MAYWOOD, Ill., March 1, 2018 MAYWOOD, Ill. , March 1, 2018 /PRNewswire/ — Loyola Medicine has finalized the acquisition of MacNeal Hospital and its affiliated operations from Tenet Healthcare. The acquisition also includes Chicago Health System, Chicago Market Laboratories, Inc. […]
Mergers & Acquisitions
Edgewell Personal Care Completes Acquisition of Jack Black, L.L.C.
Edgewell Personal Care Completes Acquisition of Jack Black, L.L.C. PR Newswire ST. LOUIS, March 1, 2018 ST […]
Mergers & Acquisitions
Parkway Acquisition Corp. and Skyline National Bank to Partner with Great State Bank
Parkway Acquisition Corp. and Skyline National Bank to Partner with Great State Bank PR Newswire FLOYD, Va. […]
Mergers & Acquisitions
DiamondRock Acquires The Hotel Palomar In Phoenix, AZ
DiamondRock Acquires The Hotel Palomar In Phoenix, AZ Premier Hotel with Prime Location in Downtown CityScape Development Updates 2018 Guidance for Acquisition PR Newswire BETHESDA, Md., March 1, 2018 BETHESDA, Md. , March 1, 2018 /PRNewswire/ — DiamondRock Hospitality Company (the “Company”) (NYSE: DRH) today announced that it has acquired the Kimpton Hotel Palomar (“Hotel Palomar” or the “Hotel”), a lifestyle boutique hotel in the heart of downtown Phoenix , Arizona. The purchase price is $80 million , or $331,000 per key, which represents a 12.6x multiple of the forward 12 months of hotel EBITDA […]
Stock Analysts
Tech Roundup: Amazon in Healthcare, Google Pay Launches
Amazon AMZN selling over the counter medications and Alphabet GOOGL rebranding and enhancing Android Pay as Google Pay were the top stories from last week. The Amazon Drug Store CNBC reported that Amazon quietly launched a line of over-the-counter (OTC) medications and generic drugs under the Basic Care brand back in August. The 60 products sold under the brand are currently exclusively manufactured by private label Perrigo and also include some generics sold under its GoodSense brand […]
Stock Analysts
Is a Beat in the Cards for Celldex (CLDX) in Q4 Earnings?
We expect Celldex Therapeutics, Inc. CLDX to beat expectations when it reports fourth-quarter 2017 results next month. Its performance has been encouraging as it beat estimates in three of the trailing four quarters and met the same in one, delivering an average positive surprise of 15.36% […]
Mergers & Acquisitions
AAC Holdings Completes Acquisition of AdCare, Inc.
AAC Holdings Completes Acquisition of AdCare, Inc. PR Newswire BRENTWOOD, Tenn., March 1, 2018 BRENTWOOD, Tenn. , March 1, 2018 /PRNewswire/ — AAC Holdings, Inc […]