Month: August 2018

Tetra Tech, Inc. TTEK reported better-than-expected results for third-quarter fiscal 2018 (ended June 2018). Earnings/Revenues Quarterly adjusted earnings came in at 71 cents per share, up 34% year over year. […]

WestRock Company WRK delivered third-quarter fiscal 2018 (ended Jun 30, 2018) adjusted earnings of $1.09 per share, ahead of the Zacks Consensus Estimate of $1.05. The reported figure also logged a year-over-year improvement of 47%. Including one-time items, the company reported earnings of $1.03 per share in the third quarter compared with $1.29 per share recorded in the prior-year period […]

Rayonier Inc. RYN reported second-quarter 2018 net income per share of 28 cents, comfortably beating the Zacks Consensus Estimate of 20 cents. […]

Square Inc. SQ delivered strong second-quarter 2018 adjusted earnings of 13 cents per share, which beat the Zacks Consensus Estimate by 2 cents and also came ahead of management’s guided range of 9-11 cents per share. The figure also surged 85.7% on a year-over-year basis and 116.7% sequentially. […]

Fitbit, Inc. FIT reported second-quarter 2018 adjusted loss of 22 cents per share, narrower than the Zacks Consensus Estimate of 24 cents. […]

Williams Companies, Inc. WMB reported second-quarter 2018 adjusted earnings from continuing operations of 17 cents per share, marginally outpacing the Zacks Consensus Estimate of 16 cents. […]

The United States seeks to more than double the tariffs on Chinese imports, building pressure on Beijing to enter negotiations. President Trump upped the ante in the trade war to defend national pride and people’s interests. […]

Retail REIT — Federal Realty Investment Trust FRT — posted second-quarter 2018 funds from operations (FFO) per share of $1.55, beating the Zacks Consensus Estimate of $1.53. Also, the reported figure compares favorably with the prior-year quarter tally of $1.49. Results indicate solid leasing activity leading to healthy occupancy at its properties […]

The Q2 earnings season is in full swing, with 327 S&P 500 members having released their quarterly numbers as of Aug 1. Reported earnings for these index members increased 24.1% year over year on 10% higher revenues. Among them, 80.1% delivered positive earnings surprises while 73.4% surpassed top-line expectations. […]

We are in the thick of the second-quarter earnings season and the picture so far is quite a healthy one. Per the Earnings Outlook , 327 S&P 500 members have reported their quarterly numbers. These companies collectively account for 77.2% of the index’s total market capitalization […]

Wells Fargo WFC recently completed the divestiture of certain assets and liabilities of its auto finance business in Puerto Rico (“Reliable”) to Popular BPOP . The all-cash deal was announced in February 2018. Wells Fargo’s auto-lending segment landed in trouble last year when its customers were financially hurt due to issues related to auto Collateral Protection Insurance policies […]

Investors seeking long-term growth often wonder whether they should resort to any of the fundamental strategies like growth or value, or follow an approach that combines the best of both. Going by Warren Buffett, these two approaches are joined at the hip. […]

President Donald Trump’s tariffs are being taking a toll on beer and soda makers. The Boston Beer Company, Inc. SAM recently said that it will be raising prices in the second half of the year […]

Tesla, Inc. TSLA has incurred adjusted loss of $3.06 per share in second-quarter 2018, wider than the Zacks Consensus Estimate of loss of $2.78. The company reported loss of $1.33 per share in the prior-year quarter […]