Month: February 2019

BlackBerry Limited BB has reportedly filed a fresh lawsuit for alleged patent infringement. The latest litigation process involves Twitter, Inc. […]

On Feb 27, we issued an updated research report on Integra LifeSciences Holdings Corporation IART . The company has been noticing certain major developments overseas. […]

In the past five trading days, telecom stocks continued to trend higher on optimism over a likely long-term solution to the trade war. The bilateral trade talks between the United States and China seemed to strike the right chords over the past week as both sides signaled intentions to resolve their differences. The positive vibes impacted the equity markets and boosted investor sentiments, in turn, benefitting telecom stocks. […]

Ciena Corporation CIEN is scheduled to report first-quarter fiscal 2019 financial results (ended Feb 2, 2019) before the opening bell on Mar 5. In the last reported quarter, the company delivered a positive earnings surprise of 8.2%. Notably, it surpassed the Zacks Consensus Estimate in three of the last four quarters, the average beat being 11.7% […]

In the past week, Southwest Airlines LUV trimmed its first-quarter projection for operating revenue per available seat mile (RASM: a key measure of unit revenues) due to the 35-day partial U.S. government shutdown. On an encouraging note, the carrier finally gained approval to fly to Hawaii. […]

Clearway Energy Inc. CWEN reported 2018 earnings of 46 cents per share against a loss of 16 cents a year ago. The year-over-year improvement was due to growth investments made in 2018 and higher wind production than 2017. […]

The Medicines Company MDCO incurred fourth-quarter 2018 adjusted loss of 62 cents per share, wider than the Zacks Consensus Estimate of a loss of 53 cents. The same also deteriorated from the year-ago loss of 61 cents. […]

LKQ Corporation ’s LKQ fourth-quarter 2018 adjusted earnings from continuing operations were 48 cents per share, missing the Zacks Consensus Estimate of 49 cents. The bottom line improved from the prior-year quarter’s 41 cents. Adjusted net income from continuing operations was $151.3 million compared with $126.4 million in the year-ago quarter. […]

Office Depot, Inc. ODP delivered third straight quarter of positive earnings surprise, when it reported fourth-quarter 2018 results. […]

Per media speculations, AT&T Inc. T is in discussions with its media rival The Walt Disney Company DIS to sell its around 10% stake in Hulu — an American entertainment company that provides over-the-top streaming services — to the latter. Notably, the telecom behemoth aims to trim its massive debt burden after spending nearly $85 billion for acquiring WarnerMedia (erstwhile Time Warner) last year […]

On Feb 27, we issued an updated research report on Lincoln Electric Holdings, Inc. LECO . The company is poised to gain from favorable end-markets, focus on product innovation and acquisitions […]

MercadoLibre, Inc. MELI reported fourth-quarter 2018 loss of 5 cents per share, narrower than the Zacks Consensus Estimate of 18 cents. […]

Steven Madden, Ltd. SHOO delivered better-than-expected fourth-quarter 2018 results, wherein both the top and bottom line grew year over year. This NY-based company witnessed robust gains at its flagship Steve Madden brand in both footwear and handbags […]

Aegion Corporation AEGN reported fourth-quarter 2018 results, wherein earnings met the Zacks Consensus Estimate but revenues beat the same. Adjusted earnings of 27 cents per share were in line with the consensus estimate. Nevertheless, earnings increased 35% from the prior-year figure of 20 cents, backed by improvement in restructured businesses and better-than-expected execution of coating services business within the Corrosion Protection segment. […]

Square Inc. SQ delivered fourth-quarter 2018 adjusted earnings of 14 cents per share, which beat the Zacks Consensus Estimate by 1 cent and also higher than management’s guided range of 12-13 cents per share. The figure also soared 85.7% on a year-over-year basis and came in line on a sequential basis […]

Booking Holdings Inc. BKNG delivered fourth-quarter 2018 non-GAAP earnings of $22.49 per share beating the Zacks Consensus Estimate by $3.1. […]

Cronos Group CRON missed earnings expectations by 50.0% in the third quarter of 2018. Let us see what is in store for the fourth quarter. […]

Liberty Global LBTYA reported fourth-quarter 2018 net earnings of $25.1 million, against the year-ago quarter’s loss of $992 million. Revenues on a reported basis declined 1.2% year over year to $2.95 billion. […]

CenterPoint Energy, Inc. CNP reported fourth-quarter 2018 adjusted earnings of 36 cents per share, which came in line with the Zacks Consensus Estimate. The bottom line improved by 9.1% from the year-ago quarter’s tally of 33 cents. […]

Strategic Education Inc. or SEI STRA is scheduled to report fourth-quarter 2018 results on Mar 1, before the opening bell. In the last reported quarter, the company’s adjusted earnings of 92 cents beat the Zacks Consensus Estimate by 29.6%. […]