Stock Analysts

Shire’s (SHPG) Earnings and Revenues Beat Estimates in Q2

Shire plc SHPG reported second-quarter 2018 earnings of $3.88 per American Depositary Share (“ADS”), which beat the Zacks Consensus Estimate of $3.67 and were up 4% from the year-ago quarter figure of $3.73. Revenues of $3.92 billion, up 4.6% year over year, surpassed the Zacks Consensus Estimate of $3.83 billion. The year-over-year increase was aided by growth in Immunology, recently launched products and international expansion […]

Stock Analysts

Sprint (S) Surpasses Earnings and Revenue Estimates in Q1

Sprint Corporation S reported healthy first-quarter fiscal 2018 results, wherein both the top line and the bottom line surpassed the respective Zacks Consensus Estimate. Net Income Quarterly net income fell to $176 million or 4 cents per share from $206 million or 5 cents per share in the year-ago quarter, primarily due to higher operating expenses. […]

Stock Analysts

Drug Stock Q2 Earnings Releases on Aug 2: ZTS, REGN & More

The Q2 earnings season is past the halfway mark. Earnings surprise trends appear to be encouraging except for a few high profile negative surprises from the likes of Facebook and Netflix. The positive momentum of the last few quarters continues as earnings growth approaches first-quarter levels, riding on solid revenues […]

Stock Analysts

Business Services Q2 Earnings on Aug 2: GPN, WEX, FLT, WU

We are in the thick of the second-quarter earnings season, with 265 S&P 500 companies (collectively accounting for 66.2% of the index’s total market capitalization) having already reported their quarterly numbers as of Jul 27. Per the latest Earnings Preview , total earnings of these 265 companies increased 23.6% from the same period last year on 10.1% higher revenues, with 80.8% beating EPS estimates and 72.1% beating revenue estimates. […]

Mergers & Acquisitions

Internet Brands’ WebMD Acquires Vitals Consumer Services Division

Internet Brands’ WebMD Acquires Vitals Consumer Services Division Combined online healthcare directories will generate more than 10 million monthly visits from consumers looking for healthcare providers PR Newswire NEW YORK, Aug. 1, 2018 NEW YORK , Aug. 1, 2018 /PRNewswire/ — WebMD, an Internet Brands company, today announced that it has acquired Vitals Consumer Services Division from MDx Medical, Inc. […]

Technicals

Why the Earnings Surprise Streak Could Continue for Convergys (CVG)

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Convergys (CVG), which belongs to the Zacks Outsourcing industry, could be a great candidate to consider. This customer management company has an established record of topping earnings estimates, especially when looking at the previous two reports […]

Technicals

Can National Fuel Gas (NFG) Keep the Earnings Surprise Streak Alive?

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider National Fuel Gas (NFG). This company, which is in the Zacks Utility – Gas Distribution industry, shows potential for another earnings beat. This energy company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. […]

Mergers & Acquisitions

Sandvik Acquires the US-based Custom Electric Manufacturing

Sandvik Acquires the US-based Custom Electric Manufacturing PR Newswire SANDVIKEN, Sweden, Aug 1, 2018 SANDVIKEN, Sweden , Aug 1, 2018 /PRNewswire/ — Sandvik acquires privately owned Custom Electric Manufacturing Co., headquartered in Wixom, Michigan , USA. The company is a leading manufacturer of original equipment and replacement heating elements on the North American market. “Through this acquisition we add further strength to our leading position in industrial heating systems […]