Month: August 2018

The second-quarter earnings season is in full swing, with 265 members of the S&P 500 index having reported their financial numbers till Jul 27. Per our latest Earnings Preview , performances of these index participants indicate a 23.6% increase in total earnings on 10.1% higher revenues. The beat ratio is also impressive, with 80.8% companies surpassing bottom-line expectations and 72.1% outperforming on the top-line front. […]

Huntsman Corporation HUN logged a profit of $623 million or $1.71 per share in second-quarter 2018, a more than three-fold surge from $183 million or 69 cents recorded a year ago. Barring one-time items, adjusted earnings were $1.01 per share for the quarter, which topped the Zacks Consensus Estimate of 87 cents. Huntsman reported revenues of $2,404 million, up around 17% year over year […]

Wall Street has witnessed a strong July with all three major stock market indexes comfortably closing in the positive territory. In fact, U.S. stocks have observed robust performance despite Wall Street reeling under several trade-related and geopolitical concerns. […]

Milacron Holdings Corp. MCRN delivered second-quarter 2018 adjusted earnings per share of 48 cents, which increased 4.3% year over year (adjusted for stock-based compensation). […]

Honeywell International Inc. HON recently announced that Jizzakh Petroleum JV LLC will be using its state-of-the-art UOP technologies for building a new refinery in the Jizzakh region of Eastern Uzbekistan. The refinery will possess the potential of processing about 5 million tons of crude oil to produce diesel, clean-burning gasoline and jet fuel, and will likely aid in sufficing the rising energy demand in Uzbekistan. […]

The Ultimate Software Group, Inc. ULTI delivered second-quarter fiscal 2018 non-GAAP earnings of $1.32 per share, surpassing the Zacks Consensus Estimate of $1.29 per share. Moreover, the figure surged 43.5% from the year-ago quarter […]

Steven Madden, Ltd. SHOO delivered better-than-expected second-quarter 2018 results, wherein both the top and bottom lines grew year over year. Management highlighted that its flagship Steve Madden brand stole the quarterly show. […]

Allison Transmission Holdings Inc. ’s ALSN second-quarter 2018 adjusted earnings were $1.29 per share, beating the Zacks Consensus Estimate of $1. In the year-ago quarter, the bottom line was 63 cents […]

Dean Foods Company DF is scheduled to release second-quarter 2018 results on Aug 7. Though the company delivered a positive earnings surprise of 16.7% in the last reported quarter, it has a mixed earnings surprise record and has rather underperformed the Zacks Consensus Estimate by an average of 4.3% over the trailing four quarters. Dean Foods Company Price and EPS Surprise Dean Foods Company Price and EPS Surprise | Dean Foods Company Quote Let’s delve deep and see what’s in store for the company this time around. […]

“In the stock game, winning means reaching a higher price.” However, striking the right chord each time needs a fair amount of luck. No matter how disciplined and systematic investors are, equity market volatility will always manage to get the better of them. While a few lucky ones rake in the moolah, others fall victim to ad hoc strategies […]

Shares of Credit Suisse Group AG CS have gained 1.4% on the NYSE since the announcement of second-quarter 2018 results. Net income attributable to shareholders came in at CHF 647 million ($656.7 million), up significantly from CHF 303 million in the year-ago quarter. […]

Credit Acceptance Corporation ’s CACC second-quarter 2018 adjusted earnings of $6.95 per share surpassed the Zacks Consensus Estimate of $6.44. Also, the figure compared favorably with the year-ago quarter’s earnings of $5.22. Results were aided by an increase in revenues and lower provisions. […]

Amdocs Limited DOX reported third-quarter fiscal 2018 results, where both the top-line bottom-line matched the Zacks Consensus Estimate. Quarterly non-GAAP earnings came in at $1.03 per share compared with $1.02 in the year-ago quarter. […]