Stock Analysts

KLA (KLAC) Beats Q2 Earnings and Revenue Estimates, Up Y/Y

KLA Corporation KLAC reported solid second-quarter fiscal 2019 earnings of $2.44 per share, beating the Zacks Consensus Estimate by 24 cents. The figure also jumped 23.8% year over year. Moreover, revenues increased 14.7% from the year-ago quarter to $1.12 billion, surpassing the consensus estimate of $1.07 billion. […]

Stock Analysts

Stryker (SYK) Q4 Earnings Beat, International Revenues Surge

Stryker Corporation SYK delivered fourth-quarter 2018 adjusted earnings per share (EPS) of $2.18, beating the Zacks Consensus Estimate by 1.4%. Earnings improved 11.2% year over year and were at the high end of the company’s guidance. The Michigan-based medical device company reported revenues of $3.80 billion, which were well ahead of the Zacks Consensus Estimate of $3.73 billion. […]

Stock Analysts

Can LyondellBasell (LYB) Sustain Earnings Streak in Q4?

LyondellBasell Industries LYB is set to release fourth-quarter 2018 results before the opening bell on Feb 1. In the last reported quarter, the company’s profits rose roughly 5% year over year to $1,113 million or $2.85 per share. Adjusted earnings came in at $2.96 per share, which surpassed the Zacks Consensus Estimate of $2.73, translating into a positive earnings surprise of 10.8%. […]

Stock Analysts

Canadian National (CNI) Beats on Q4 Earnings, Hikes Dividend

Canadian National Railway Company CNI delivered impressive fourth-quarter 2018 results, with earnings and revenues beating the Zacks Consensus Estimate. The transportation company’s earnings (excluding 5 cents from non-recurring items) of $1.13 per share (C$1.49) outpaced the Zacks Consensus Estimate of $1.11. Moreover, the bottom line improved double digits on a year-over-year basis […]

Technicals

AT&T (T) Q4 Earnings Beat Estimates

AT&T (T) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items […]

Stock Analysts

Rowan Gets Revised Exchange Ratio of 2.750 Shares From Ensco

Rowan Companies plc RDC has received another offer from Ensco plc ESV to increase the exchange ratio. The proposal follows after Ensco announced a hike on Jan 14 for the previously-announced transaction, wherein the company will merge with Rowan in an all-stock deal. Per the terms of the proposal, Rowan shareholders will receive 2.750 shares of Ensco for each share of Rowan, up about 24.2% from 2.215 exchange ratio considered under the definitive agreement entered into on Oct 7, 2018. […]