Stock Analysts

Leisure Stocks’ Q2 Earnings Due on Jul 31: H, IGT and RRR

We are in the thick of the second-quarter earnings season, with 265 S&P 500 members having released their quarterly numbers (as of Jul 27). Per the latest Earnings Preview , 80.8% of the companies, which have reported their results, surpassed earnings estimates while 72.1% beat revenue estimates. Further, the total earnings of these companies increased 23.6% from the same period last year on 10.1% higher revenues […]

Stock Analysts

Drug Stocks to Report Q2 Earnings on Jul 31: PFE, INCY, ECYT

We are in the middle of the Q2 earnings season with more than half of the S&P 500 results already out. With results from 265 S&P 500 members that have reported so far, the Q2 earnings season seem to have kicked off well with results moving ahead of the preceding quarter for most of the companies. The Q2 earnings season is seeing strong momentum on the back of solid revenues. […]

Stock Analysts

Is Macerich (MAC) Likely to Disappoint This Earnings Season?

The Macerich Company MAC is scheduled to report second-quarter 2018 results on Aug 1, after the market closes. Its funds from operations (FFO) per share and revenues are anticipated to decline year over year. In the last reported quarter, this retail real estate investment trust (REIT) delivered a positive surprise of 1.23% in terms of FFO per share. […]

Stock Analysts

Will CBS Q2 Earnings Benefit From Higher Transmission Rates?

CBS Corporation CBS is slated to report second-quarter 2018 results on Aug 2. In the last reported quarter, the company’s earnings of $1.34 per share beat the Zacks Consensus Estimate by 15 cents and jumped 28.8% year over year. It beat the consensus mark in the trailing four quarters, delivering an average positive surprise of 6.11% […]

Stock Analysts

What’s in the Cards for Concho (CXO) This Earnings Season?

Concho Resources Inc. CXO , a more than $22-billion market cap energy company, is set to release second-quarter 2018 financial results after the closing bell on Aug 1. In the last reported quarter, the company delivered an impressive positive earnings surprise of 23.46% on the back of higher commodity price realizations and robust production growth […]

Stock Analysts

What’s in Store for Federal Realty (FRT) in Q2 Earnings?

Federal Realty Investment Trust FRT is set to report second-quarter 2018 results after the market closes on Aug 1. Both its revenues and funds from operations (FFO) are anticipated to experience year-over-year growth. In the last reported quarter, this retail real estate investment trust (REIT) delivered a positive surprise of 1.33% with respect to FFO per share. […]

Stock Analysts

LogMeIn (LOGM) Q2 Earnings and Revenues Surpass Estimates

LogMeIn LOGM reported better-than-expected results for second-quarter 2018. The company reported non-GAAP earnings of $1.32 per share, which came ahead of the Zacks Consensus Estimate of $1.25 and marked a year-over-year improvement of 30.7%. The company’s non-GAAP revenues for the quarter came in at $307.1 million, beating the Zacks Consensus Estimate of $305 million and growing approximately 15% year over year, driven by Jive, Bold360 ai, and LastPass. […]

Mergers & Acquisitions

Phoenix Tower International enters agreement to purchase 1,049 telecommunication assets in the Dominican Republic

Phoenix Tower International enters agreement to purchase 1,049 telecommunication assets in the Dominican Republic PR Newswire BOCA RATON, Fla., July 30, 2018 BOCA RATON, Fla. , July 30, 2018 /PRNewswire/ — Phoenix Tower International (“PTI”) announces that it has reached an agreement with Altice Dominicana, a subsidiary of Altice Europe N.V . […]

Mergers & Acquisitions

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of First Connecticut Bancorp, Inc. – FBNK

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of First Connecticut Bancorp, Inc. – FBNK PR Newswire NEW YORK, July 30, 2018 NEW YORK , July 30, 2018 /PRNewswire/ — Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City , is investigating First Connecticut Bancorp, Inc. […]