Stock Analysts

Encana (ECA) to Report Q1 Earnings: What Should You Expect?

Canadian oil and natural gas producer Encana Corporation ECA is slated to release first-quarter 2018 results on Tuesday, May 1. The current Zacks Consensus Estimate for the quarter under review is a profit of 13 cents on revenues of $1,110 million. In the preceding three-month period, the company reported operating earnings per share of 12 cents, beating the Zacks Consensus Estimate of 10 cents […]

Stock Analysts

Oil Stocks Q1 Earnings Roster for Apr 27: XOM, PSX, CVX, COG

First-quarter 2018 earnings cycle is in full swing, with reports from 154 S&P 500 members already on board. Per the latest Earnings Trends , total earnings for these companies are up 25.4% from the prior-year quarter on 10.3% higher revenues, with 80.5% companies delivering positive earnings surprises and 72.1% beating revenue estimates. For the first-quarter of 2018, we expect Energy to eclipse all the 16 Zacks sectors, posting earnings growth of 58.6% […]

Stock Analysts

Valero Energy (VLO) Beats Q1 Earnings & Revenue Estimates

Valero Energy Corp VLO posted first-quarter 2018 income of $1.00 per share, beating the Zacks Consensus Estimate of 92 cents. Quarterly earnings improved from the year-ago quarter’s figure of 68 cents. Valero Energy Corporation Price, Consensus and EPS Surprise Valero Energy Corporation Price, Consensus and EPS Surprise | Valero Energy Corporation Quote Total revenues grew 21.4% to $26,439.0 million, from $21,772.0 million in the prior-year quarter. […]

Mergers & Acquisitions

Unirac Expands Solutions Offering with Acquisition of Residential Attachments Specialist SolarHooks

Unirac Expands Solutions Offering with Acquisition of Residential Attachments Specialist SolarHooks PR Newswire ALBUQUERQUE, N.M., April 26, 2018 ALBUQUERQUE, N.M. , April 26, 2018 /PRNewswire/ — Unirac, Inc., North America’s leading manufacturer of solar photovoltaic mounting systems, announced today that it has acquired certain assets of SolarHooks, a manufacturer of residential solar roof attachments. With this addition, Unirac now offers a comprehensive product line to the residential market, a large and growing segment of the solar PV industry […]

Mergers & Acquisitions

2018 Hospital Merger and Acquisition Activity Continues Rapid Pace with 30 Announced Transactions in the First Quarter

2018 Hospital Merger and Acquisition Activity Continues Rapid Pace with 30 Announced Transactions in the First Quarter Three Deals Involve Systems with $1 Billion+ in Revenue PR Newswire SKOKIE, Ill., April 26, 2018 SKOKIE, Ill. , April 26, 2018 /PRNewswire/ — Hospital and health system partnership transactions are continuing at a brisk pace in 2018. Thirty transactions were announced in the first quarter, up more than 11 percent from the first quarter of 2017, according to the latest analysis by Kaufman Hall , a leading provider of strategic and financial consulting services, and enterprise performance management and decision support software […]

Stock Analysts

Nielsen’s (NLSN) Q1 Earnings Flat Y/Y, Revenues Improve

Nielsen Holdings plc NLSN reported first-quarter 2018 net earnings of 20 cents per share, flat with the year-ago quarter. Shares of Nielsen have lost approximately 12.9% in the past 12 months, underperforming the industry ’s gain of 24.7%. Revenues Reported revenues came in at $1.610 billion, increasing 5.5% year over year. […]

Stock Analysts

Tenet Healthcare’s (THC) Q1 Earnings: Is a Beat in Store?

Tenet Healthcare Corporation THC will report first-quarter 2018 results on Apr 30 after market close. Tenet Healthcare’s first-quarter results are likely to reflect the industry-wide softness in volumes. Factors such as payor initiatives to move volumes away from hospitals, rising deductibles and prevalence of high deductible health plans, increased proportion of hospital care to be paid by consumers, are driving away volumes and the same is likely to be seen in the to-be-reported quarter […]

Stock Analysts

Glaxo (GSK) Q1 Earnings Lag, Shingrix Vaccines Sales Solid

GlaxoSmithKline plc GSK reported core earnings of 68 cents per American depositary share in the first quarter of 2018, missing the Zacks Consensus Estimate of 70 cents. However, earnings were up 11% at constant exchange rate (CER) compared with the year-ago figure. Shares of Glaxo were down almost 4% on Apr 25 in after-hours trading due to lower-than-expected results in the reported quarter. […]