Month: January 2019

Nokia Corporation NOK reported better-than-expected fourth-quarter 2018 results, wherein both the bottom line and top line beat the Zacks Consensus Estimate. Net Income Reported profit for the fourth quarter was €193 million ($220.2 million) or €0.03 (4 cents) per share against loss of €386 million or loss of €0.07 per share in the prior-year quarter, driven by lower income tax expenses and higher gross profit. For full-year 2018, reported loss was €340 million or loss of €0.10 per share compared with loss of €1,494 million or loss of €0.26 per share a year ago. […]

Cirrus Logic Inc. CRUS delivered third-quarter fiscal 2019 non-GAAP earnings per share of 91 cents, which topped the Zacks Consensus Estimate of 78 cents but were much lower than the year-ago quarterly figure of $1.59. […]

AXIS Capital Holdings Limited AXS incurred fourth-quarter 2018 operating loss of $1.77 per share, wider than the Zacks Consensus Estimate of operating loss of $1.34. Moreover, the bottom line came in against the year-ago quarter’s operating income of 24 cents per share. Nonetheless, the reported quarter witnessed a solid premium performance across Insurance and Reinsurance segments […]

Visa Inc. V reported first-quarter fiscal 2019 (ended Sep 30, 2019) earnings of $1.30 per share, beating the Zacks Consensus Estimate by 4%. […]

Unum Group UNM will report fourth-quarter 2018 results on Feb 5 after market closes. In the last reported quarter, the company delivered a positive earnings surprise of 7.03%. Let’s see, how things are shaping up for this announcement. […]

Wynn Resorts, Limited WYNN reported mixed fourth-quarter 2018 financial numbers, wherein earnings fell short of the Zacks Consensus Estimate but revenues surpassed the same. This marked the company’s the third straight quarter of earnings miss and second successive quarter of revenue beat. Adjusted earnings of $1.06 per share lagged the consensus mark of $1.36 and decreased 24.3% on a year-over-year basis. […]

Eaton Corporation ETN reported fourth-quarter 2018 earnings of $1.436 per share, which surpassed the Zacks Consensus Estimate of $1.43 by 2.09%. The reported earnings were at the higher end of management’s guided range of $1.38-$1.48 per share. Moreover, the bottom line marked an improvement from the year-ago level […]

The Coca-Cola Company KO has acquired full stake in Nigeria’s leading producer and distributor of value-added dairy, iced tea and juices — Chi Ltd. In 2016, Coca-Cola had acquired 40% equity stake in Chi. […]

ConocoPhillips COP reported fourth-quarter 2018 adjusted earnings per share of $1.13, beating the Zacks Consensus Estimate of 99 cents and improving significantly from the year-ago 45 cents. The outperformance stems from higher oil realizations and strong volumes from the unconventional assets. The Houston, TX-based world’s largest independent oil and gas producer’s quarterly revenue – at $10.4 billion – came 18.6% higher than the fourth-quarter 2017 sales of $8.7 billion and beat the Zacks Consensus Estimate of $10.2 billion […]

Raytheon Company RTN reported fourth-quarter 2018 earnings per share (EPS) of $2.93 from continuing operations, outpacing the Zacks Consensus Estimate of $2.89 by 1.4%. The bottom-line figure improved a massive 117% from the year-ago quarter’s figure of $1.35 on account of operational improvements and lower taxes primarily associated with tax reform. For 2018, Raytheon’s earnings came in at $10.15 per share, which surpassed the Zacks Consensus Estimate of $10.11 by 0.4%. […]

CNX Resources Corporation CNX delivered adjusted earnings of 67 cents per share in fourth-quarter 2018, beating the Zacks Consensus Estimate of 28 cents by a whopping 139.3%. Revenues CNX Resources’ total revenues of $435 million in the fourth quarter were marginally lower than the Zacks Consensus Estimate of $436 million. The top line was also lower than the year-ago quarterly figure by 8.7% […]

Mastercard Incorporated MA reported adjusted earnings of $1.55 per share, beating the Zacks Consensus Estimate by 1.3%. Earnings improved by a good 40% year over year, led by higher revenues. Better-than-expected results were primarily backed by higher switched transactions, increase in cross-border volume and gross dollar volume, and gains from acquisitions […]

In an intensely competitive restaurant industry, Starbucks Corporation SBUX has performed exceedingly well and emerged as an attractive investment option. Shares of the company have surged 32.8% in the past six months, outperforming the industry ’s 15.7% growth. We believe there is still momentum left in this Zacks Rank #2 (Buy) stock, which is quite evident from upward estimate revisions of 7 cents to $2.71 per share over the past seven days […]