Month: April 2018

The Q1 earnings season has started to gather steam. Per the latest Earnings Preview , 87 S&P 500 members — accounting for 17.4% of the index — have already released financial figures as of Apr 20, 2018. Total earnings for the 87 S&P 500 members that have reported results already are up 25% from the same period last year on 10.7% higher revenues, with 82.8% beating EPS estimates and 67.8% beating revenue estimates. […]

LyondellBasell Industries LYB is set to release first-quarter 2018 results ahead of the bell on Apr 27. The company’s adjusted earnings came in at $2.73 per share for the fourth quarter of 2017, beating the Zacks Consensus Estimate of $2.52. Revenues increased roughly 18% year over year to $9,135 million in the quarter, beating the Zacks Consensus Estimate of $8,785 million […]

Weatherford International Ltd. WFT posted first-quarter 2018 adjusted loss of 19 cents per share, narrower than the Zacks Consensus Estimate of a loss of 22 cents as well as the year-ago quarter’s adjusted loss of 32 cents. […]

Sony Corporation SNE is set to report fourth-quarter and fiscal 2017 results on Apr 27. In the last reported quarter, the company delivered earnings of $1.89 per share, reflecting a beat of 64.4%. Overall, Sony has a striking earnings surprise history, registering an average positive surprise of a whopping 79.8% over the trailing four quarters, beating estimates strongly all through […]

Chegg, Inc. CHGG is set to report first-quarter 2018 results on Apr 26, after the market closes. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 15.4%. […]

Inogen Inc.’s INGN first-quarter 2018 results are scheduled for release on Apr 30, after the market closes. A broadening Long-term Oxygen Therapy (“LTOT”) market, inherent benefits of Portable Oxygen Concentrators (“POC”) over traditional delivery model, direct-to-customer business model, underpenetrated international markets and expanding product portfolio are key growth catalysts. Notably, in the last quarter, Inogen reported adjusted earnings of 31 cents per share, beating the Zacks Consensus Estimate by 47.6% […]

Texas Instruments’ TXN first-quarter 2018 earnings of $1.11 per share exceeded the Zacks Consensus Estimate of $1.21. Earnings increased 36% year over year and 11% sequentially. Revenues of $3.79 billion beat the Zacks Consensus Estimate of $3.65 billion,up 11.4% on a year-over-year basis and 1% sequentially […]

Extra Space Storage Inc. EXR is slated to report first-quarter 2018 results on May 1, after the market closes. Both its revenues and funds from operations (FFO) are expected to register year-over-year growth […]

Avery Dennison Corporation AVY reported adjusted earnings of $1.44 per share in first-quarter 2018, which surged around 30% year over year. Earnings also beat the Zacks Consensus Estimate of $1.34. The year-over-year improvement was mainly driven by strong operating results, currency translation tailwinds and a lower tax rate. […]

Gold prices were supported by a weaker U.S dollar and inflation in first-quarter 2018. The Fed’s rate hikes also aided gold prices which declined prior to its implementation in March but experienced gains thereafter. […]

SUPERVALU INC. SVU released fourth-quarter fiscal 2018 results, with the top and bottom line missing the Zacks Consensus Estimate. However, sales improved year on year, buoyed by the sturdy advancement of the company’s wholesale business. […]

The Q1 earnings season is set to cross its half way mark by the end of this week. So far, earnings and revenue growth rates and the proportion of positive earnings surprises are above historical levels. Total earnings for the 87 S&P members that have released results as of Apr 20, improved 25% year over year on 10.7% higher revenues […]

Transocean Limited RIG — an offshore contract drilling service provider — is set to release first-quarter 2018 financial results after the closing bell on Apr 30. Last quarter, the company delivered a positive earnings surprise of 11.11%. Transocean has outperformed the Zacks Consensus Estimate in the preceding four quarters, with an average beat of 180.90% […]

Rockwell Automation Inc. ROK delivered adjusted earnings per share of $1.89 in second-quarter fiscal 2018 (ended Dec 31, 2017), up 22% from $1.55 recorded in the prior-year quarter. The year-over-year performance was driven by elevated sales […]