Month: April 2018

Twitter TWTR reported first-quarter 2018 non-GAAP earnings per share of 16 cents, which beat the Zacks Consensus Estimate of 12 cents. The figure also came in much higher than the year-ago quarter’s figure of 7 cents. Revenues of $665 million increased 21% from the year-ago quarter and beat the consensus mark of $609.3 million. […]

The yield on the 10-year Treasury note, a benchmark for interest rates, hit 3% for the first time in about four years. The Federal Reserve, in fact, has already stepped up the pace of monetary tightening from two to three additional rate hikes this year. […]

The first-quarter earnings season is rapidly unwinding with 87 members of the S&P 500 index already having released results. By the end of this week, more than half of the S&P 500 members will have reported financial numbers. The trajectory so far indicates that growth of earnings and revenues are treading materially above historical levels […]

A. O. Smith Corporation AOS reported first-quarter 2018 earnings per share of 60 cents, ahead of the Zacks Consensus Estimate of 58 cents. […]

PS Business Parks, Inc. PSB reported first-quarter 2018 funds from operations (FFO) of $1.59 per share, beating the Zacks Consensus Estimate of $1.50. The figure also came in 4.6% higher than $1.52 recorded in the prior-year quarter […]

Astec Industries, Inc. ’s ASTE earnings per share in first-quarter 2018 jumped around 34% year over year to 87 cents. Earnings also beat the Zacks Consensus Estimate by a penny […]

The Interpublic Group of Companies, Inc. IPG is scheduled to report first-quarter 2018 results on Apr 27, before the opening bell. While we expect the company to witness solid sales on the back of higher organic growth, favorable foreign currency movements and extensive global presence, seasonality in business is likely to hurt the bottom line […]

The Zacks investment management industry , part of the broader Finance sector, performed decently over the past several quarters. However, the trend seems to have picked up pace to some extent in the first quarter on the back of improved domestic growth environment. The companies that have reported first-quarter 2018 earnings so far witnessed growth in their trading revenues due to increased volatility in the quarter. […]

Capital One Financial Corporation ’s COF first-quarter 2018 adjusted earnings of $2.65 per share surpassed the Zacks Consensus Estimate of $2.34. Also, it compared favorably with the year-ago quarter’s adjusted earnings of $1.75. Results benefited from rise in revenues and easing margin pressure. […]

T. Rowe Price Group TROW reported earnings per share of $1.77 for first-quarter 2018, which lagged the Zacks Consensus Estimate of $1.78. Further, the bottom line improved 14.9% from the year-ago figure of $1.54. […]

After the sales uptick in March, retailers now have another reason to cheer. Consumer confidence rebounded in the month of April after a decline in the last month and the index even inched close to its 18-year high level. Courtesy of a strengthening labor market, tax reform and rising income, Americans are way more confident now, brushing aside recent hiccups like the U.S.-China face-off, apprehensions of a tighter monetary policy and rising bond yields. […]

Nielsen Holdings Plc NLSN is scheduled to report first-quarter 2018 results on Apr 26. The company missed the Zacks Consensus Estimate in the trailing four quarters, with an average negative earnings surprise of 18.67%. Last quarter, Nielsen reported earnings of 52 cents per share, which excluded a provisional non-cash tax charge of 29 cents per share […]

The first-quarter earnings season is in full swing. A few automakers have already released their earnings while a majority of them will release theirs in the next few days. […]

The first-quarter earnings season is off to a good start,with results from 87 S&P 500 members already out. Per the latest Earnings Preview , total earnings for these companies are up 25% from the same period last year on 10.7% higher revenues, with 82.8% beating earnings per share (EPS) estimates and 67.8% beating revenue estimates. The proportion of companies beating both EPS and revenue estimates is 62.1%. […]