Economic Data

Earnings From LUV,CME,BAX And More

As if the heart of Q1 earnings season wasn’t informative enough, before Thursday’s opening bell we also see economic headline reads hitting the doorstep — in bulk. Durable Goods Orders, Core Capital Equipment, Advanced Trade in Goods and, of course, weekly Initial Jobless Claims numbers are all out right now, and we await impact of these figures on regular-day trading today. Jobless Claims once again ratcheted down far below our years-long range between 225K-250K, which itself is indicative of a robust domestic labor market […]

Stock Analysts

Raytheon (RTN) Beats on Q1 Earnings, Hikes ’18 EPS View

Raytheon Company RTN reported first-quarter 2018 earnings from continuing operations of $2.20 per share, beating the Zacks Consensus Estimate of $2.10 by 4.8%. The reported figure also came in higher than the year-ago quarter’s earnings of $1.73 per share by 27.2%. The year-over-year upside in earnings was driven by operational improvements and lower taxes. […]

Stock Analysts

Parker-Hannifin (PH) Beats on Q3 Earnings, Lifts View Again

Parker-Hannifin Corporation PH kept its impressive streak of beating estimates alive for the 11th consecutive quarter, as its third-quarter fiscal 2018 adjusted earnings of $2.80 per share trumped the Zacks Consensus Estimate of $2.62 by 6.9%. The earnings figure was even more impressive on a year-over-year basis, reflecting an improvement of 33%. The uptrend came on the back of remarkable revenue expansion, improved margins and the revamped Win Strategy. […]

Stock Analysts

General Motors (GM) Q1 Earnings & Revenues Beat Estimates

General Motors Company GM reported first-quarter 2018 adjusted earnings per share of $1.43, down 18.3% from the prior-year quarter. However, the bottom line comfortably beat the Zacks Consensus Estimate of $1.22. General Motors’ crossover sales in first-quarter 2018 rose 23% on a year-over-year basis […]

Stock Analysts

International Paper (IP) Q1 Earnings Beat on Higher Revenues

Paper and packaging firm, International Paper Company IP , reported solid first-quarter 2018 financial results, with adjusted operating earnings of $395 million or 94 cents per share compared with $232 million or 56 cents per share in the year-ago quarter, largely driven by top-line growth. Operating earnings also exceeded the Zacks Consensus Estimate by 5 cents. GAAP earnings for the quarter were $729 million or $1.74 per share compared with $209 million or 50 cents per share in the year-ago quarter. […]

Stock Analysts

Franklin (BEN) Beats on Q2 Earnings, Records Net Outflows

Franklin Resources BEN recorded second-quarter fiscal 2018 earnings per share of 78 cents, beating the Zacks Consensus Estimate of 75 cents. Further, the bottom line compared favorably with the prior-year quarter figure of 74 cents per share. The results reflect Franklin’s top-line strength, supported by higher investment management fees […]

Economic Data

Econ Data, Q1 Earnings Delivered in Bulk: CME, BAX, LUV & More

Thursday, April 26, 2018 As if the heart of Q1 earnings season wasn’t informative enough, before Thursday’s opening bell we also see economic headline reads hitting the doorstep — in bulk. Durable Goods Orders, Core Capital Equipment, Advanced Trade in Goods and, of course, weekly Initial Jobless Claims numbers are all out right now, and we await impact of these figures on regular-day trading today. Jobless Claims once again ratcheted down far below our years-long range between 225K-250K, which itself is indicative of a robust domestic labor market. […]

Technicals

Has Veeva Systems (VEEV) Outpaced Other Computer and Technology Stocks This Year?

Investors focused on the Computer and Technology space have likely heard of Veeva Systems VEEV , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question. Veeva Systems is a member of the Computer and Technology sector […]