Stock Analysts
NiSource (NI) to Report Q2 Earnings: What’s in the Cards?
NiSource Inc. NI is scheduled to release second-quarter 2018 earnings results on Aug 1, before the opening bell. […]
Month: July 2018
Mergers & Acquisitions
Zensar Acquires Indigo Slate, a US Based Digital Agency
Zensar Acquires Indigo Slate, a US Based Digital Agency The addition of Indigo Slate will strengthen Zensar’s capabilities in this fast-growing segment PR Newswire SAN JOSE, Calif., July 27, 2018 SAN JOSE, Calif. , July 27, 2018 /PRNewswire-PRWeb/ — Zensar , an RPG company, and the management of Indigo Slate , today announced that they have entered into a definitive agreement to acquire US West Coast based Indigo Slate . […]
Mergers & Acquisitions
Higginbotham and Sellers-Patterson Insurance Merge in Tyler
Higginbotham and Sellers-Patterson Insurance Merge in Tyler PR Newswire FORT WORTH, Texas, July 27, 2018 FORT WORTH, Texas , July 27, 2018 /PRNewswire/ — Higginbotham and Sellers-Patterson Insurance announced today the merger of their operations in Tyler, Texas . Sellers-Patterson, led by Linda Sellers , is Higginbotham’s second office in Tyler ; the first established in 2014 when Higginbotham entered the market. The union gives the combined firm a local workforce of 16 serving businesses and families in northeast Texas […]
Stock Analysts
BJ’s Restaurants (BJRI) Q2 Earnings, Revenues Top Estimates
BJ’s Restaurants, Inc. ’s BJRI top and bottom lines both surpassed the Zacks Consensus Estimate in the second quarter of 2018. Adjusted earnings of 79 cents surpassed the consensus estimate of 64 cents by 23.4% […]
Stock Analysts
Iron Mountain’s (IRM) Q2 FFO & Revenues Beat, Improve Y/Y
Iron Mountain Inc. IRM reported second-quarter 2018 normalized funds from operations (FFO) of 56 cents per share, beating the Zacks Consensus Estimate of 53 cents. […]
Stock Analysts
Chevron (CVX) Sets $3B Buyback Plan Even as Q2 Earnings Miss
Chevron Corporation CVX reported weaker-than-expected second-quarter earnings, pressured by drop in profits in its downstream business, which refines crude oil into fuels like gasoline and diesel oil. The U.S. energy major reported earnings per share of $1.78, lagging the Zacks Consensus Estimate of $2.06. […]
Stock Analysts
Republic Services (RSG) Q2 Earnings In Line, Revenues Lag
Republic Services, Inc. RSG reported mixed second-quarter 2018 results, with earnings in line with the Zacks Consensus Estimate and revenues missing the same. […]
Stock Analysts
Twitter Meets Earnings Expectations but the Shares Get Punished
Shares in Twitter (TWTR) traded down almost 20% on Friday after the company reported quarterly earnings that were in line with projections and beat the consensus estimate for revenues. Investors focused instead on an unexpected decline in monthly average users at the social-media giant. Prior to the report, Twitter had rallied 78% in 2018 and in what is becoming a recurring theme during this earnings season, the market appears to have expected perfection and was quick to punish the shares on even a slight suggestion that growth may be slowing […]
Stock Analysts
Goodyear (GT) Beats on Q2 Earnings, Misses Sales, Lowers View
The Goodyear Tire & Rubber Company GT reported adjusted earnings per share of 62 cents, down from 70 cents in the prior-year quarter. The bottom line surpassed the Zack Consensus Estimate of 56 cents. […]
Stock Analysts
Rockwell Collins (COL) Q3 Earnings Miss, Revenues Up Y/Y
Rockwell Collins Inc . COL reported financial results for third-quarter fiscal 2018 (ended Jun 30, 2018). The company’s adjusted earnings per share of $1.73 lagged the Zacks Consensus Estimate of $1.89 by 8.5% […]
Mergers & Acquisitions
Nexo Offers to Acquire the Remaining Assets of Competitor SALT Lending
Nexo Offers to Acquire the Remaining Assets of Competitor SALT Lending PR Newswire ZUG, Switzerland, July 27, 2018 ZUG, Switzerland , July 27, 2018 /PRNewswire/ — Nexo, the leading global crypto-backed loans platform, has offered to buy certain assets of SALT Lending, whose CEO left the company unexpectedly, and provide liquidity to its community. SALT Lending has offered no explanation for the sudden departure of Shawn Owen , who was the public face of the company that had reportedly built up a loan portfolio of $40 million backed by cryptocurrency as collateral since it began operations last year. Nexo, whose automated lending platform allows borrowers to access instant loans, made an offer to buy SALT Lending’s loans business, consisting of loan receivables secured by corresponding collateral assets […]
Stock Analysts
Chipotle’s (CMG) Q2 Earnings and Revenues Beat, Shares Up
Chipotle Mexican Grill, Inc. CMG reported better-than-expected results for the second quarter of 2018. Adjusted earnings of $2.87 topped the Zacks Consensus Estimate of $2.78 by 3.2%. […]
Stock Analysts
Colgate’s (CL) Q2 Earnings In Line With Estimates, Sales Lag
Colgate-Palmolive Co . CL posted adjusted earnings of 77 cents a share in second-quarter 2018, up 7% from the prior-year quarter. […]
Stock Analysts
Cabot (COG) Misses on Q2 Earnings, Fuels Buyback Program
Cabot Oil & Gas Corporation COG reported second-quarter 2018 earnings per share — adjusted for special items — of 13 cents, surpassing the Zacks Consensus Estimate of 19 cents. The weaker-than-expected results can be attributed to lower-than-anticipated realized gas prices (including the impact of derivates). Precisely, average realized gas price came in at $2.15 per thousand cubic feet (Mcf), lagging the Zacks Consensus Estimate of $2.17 per Mcf. […]
Stock Analysts
Core Laboratories (CLB) Q2 Earnings In Line, Revenues Up Y/Y
Core Laboratories N.V. CLB recently reported second-quarter 2018 adjusted earnings of 59 cents per share, in line with the Zacks Consensus Estimate. This compares favorably with the prior-year quarter figure of 48 cents […]
Stock Analysts
What’s in Store for Williams Companies (WMB) in Q2 Earnings?
The Williams Companies, Inc. WMB is set to release second-quarter 2018 results on Aug 1 after the closing bell. […]
Stock Analysts
ExxonMobil (XOM) Earnings Miss Estimates in Q2, Rise Y/Y
Exxon Mobil Corporation ’s XOM second-quarter 2018 earnings missed estimates, thanks to a plunge in oil equivalent production. The rise in energy and feedstock cost and significant maintenance and turnaround work hurt the bottom line. This was partially offset by increased price realizations from liquids […]
Stock Analysts
Western Digital (WDC) Q4 Earnings & Revenues Beat Estimates
Western Digital Corp. WDC delivered fourth-quarter fiscal 2018 non-GAAP earnings of $3.61 per share which beat the Zacks Consensus Estimate by 9 cents and surged 23.2% from the year-ago quarter. However, the figure declined by 2 cents on a sequential basis. […]
Stock Analysts
AbbVie’s (ABBV) Q2 Earnings Beat Estimates, 2018 View Up
AbbVie Inc. ABBV posted impressive results for the second quarter of 2018 with better-than-expected earnings and revenues. Moreover, the company raised its expectations for 2018 bottom line […]
Stock Analysts
Apache (APA) to Report Q2 Earnings: What’s in the Offing?
Apache Corporation APA is set to report second-quarter 2018 results on Aug 1, after the market closes. Houston, TX-based Apache is an upstream energy company. In the last reported quarter, the company surpassed the Zacks Consensus Estimate aided by higher oil realizations and greater-than-expected volumes from the key Permian Basin region […]