Month: January 2019

Europe’s largest oil company Royal Dutch Shell plc RDS.A reported strong fourth-quarter results on robust commodity prices and higher downstream earnings. The Hague-based Shell reported earnings per ADS (on a current cost of supplies basis, excluding items – the market’s preferred measure) of $1.38, above the Zacks Consensus Estimate of $1.30 and the year-ago profit of $1.04. Revenues of $104.6 billion were 18.7% above the fourth-quarter 2017 sales of $88.1 billion and beat the Zacks Consensus Estimate of $86.9 billion. […]

As was widely expected, the Federal Reserve refrained from raising rates at its recently concluded meeting. More importantly, it pledged to adopt a measured approach to further rate hikes, taking into consideration the economic situation at the time. Fed Chair Jerome Powell also struck a surprisingly dovish tone at the news conference following the meeting […]

CACI International CACI reported second-quarter fiscal 2019 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. The company benefited from organic revenue growth, expanding margins, and record awards and contract funding. […]

Ball Corporation BLL reported fourth-quarter 2018 adjusted earnings of 55 cents per share, lagging the Zacks Consensus Estimate of 56 cents. The reported figure also declined 8% on a year-over-year basis. On a reported basis, the company posted earnings of 44 cents per share compared with 45 cents per share recorded in the prior-year quarter […]

Ameriprise Financial ’s AMP fourth-quarter 2018 adjusted operating earnings per share of $3.80 surpassed the Zacks Consensus Estimate of $3.68. Further, the figure was 21% above the year-ago quarter level. Results benefited from stable revenues and decline in operating expenses. […]

Landstar System, Inc . LSTR reported mixed results in the fourth quarter of 2018. […]

The Scotts Miracle-Gro Company SMG posted net loss from continuing operations of $82.6 million or $1.49 per share in first-quarter fiscal 2019 (ended Dec 29, 2018), wider than a loss of $20 million or 35 cents in the year-ago quarter. Barring one-time items, adjusted loss came in at $1.39 per share, which was wider than the Zacks Consensus Estimate of a loss of $1.24. Net sales rose roughly 35% year over year to $298.1 million […]

ICICI Bank IBN reported third-quarter fiscal 2019 (ended Dec 31) net income of INR16.05 billion ($230 million), down 3% year over year. Despite decline in net income, shares of ICICI Bank gained 9.2% on the NYSE following the earnings release. […]

AMETEK AME is set to report fourth-quarter 2018 results on Feb 5. The company’s earnings topped the Zacks Consensus Estimate in all the trailing four reported quarters, the average being 6.09%. In the last reported quarter, AMETEK’s adjusted earnings of 82 cents per share beat the Zacks Consensus Estimate by 4 cents and also improved 24.2% from the year-ago quarter. […]