Month: February 2019

Chesapeake Utilities Corporation CPK reported fourth-quarter 2018 operating earnings of $1.10 per share, which missed the Zacks Consensus Estimate of $1.22 by 9.8%. However, the figure improved 18.3% year over year. […]

Ameriprise Financial AMP is on track to reward its shareholders through impressive capital-deployment plans. Recently, the company announced an additional share-repurchase program of up to $2.5 billion. […]

Shares of KBR, Inc. KBR gained more than 5.6% during yesterday’s trading session, following better-than-expected results in fourth-quarter 2018. […]

Shares of LendingTree TREE declined 3.33% following the release of its fourth-quarter 2018 results. The company reported adjusted net income per share of $1.22, lagging the Zacks Consensus Estimate of $1.51. However, the figure compares favorably with the prior-year quarter’s tally of 84 cents […]

Shares of Best Buy Company, Inc . BBY jumped more than 11% during the pre-market trading session on Feb 27, following its impressive fourth-quarter fiscal 2019 results, wherein the top and bottom lines, both, exceeded the Zacks Consensus Estimate for the fifth straight quarter. […]

IMAX Corporation IMAX delivered fourth-quarter 2018 adjusted earnings of 26 cents per share, which missed the Zacks Consensus Estimate by a penny and declined 23.5% year over year. Total revenues of $108.9 million surpassed the Zacks Consensus Estimate of $101.4 million. However, the figure declined 13.2% from the year-ago quarter […]

The Bank of Nova Scotia BNS reported first-quarter fiscal 2019 (ended Jan 31) results before the opening bell, following which shares were down 2.92% on the NYSE. Adjusted net income for the quarter came in at C$2.3 billion ($1.7 billion), down 3% year over year. […]

DexCom, Inc. DXCM announced that its next generation G6 CGM system has received an approval from Health Canada, a regulatory authority. The device is designed to cater to diabetes patients in Canada, aged two years and above […]

Public Storage ’s PSA fourth-quarter 2018 core funds from operations (FFO) per share of $2.81 improved 2.2% from the prior-year figure of $2.75. The Zacks Consensus Estimate for FFO per share was $2.79. […]

Being one of the biggest global banks with exposure to almost all major banking businesses, JPMorgan ’s JPM annual Investors Day conference is closely watched by investors to gauge the performance of the overall banking sector. One important question in investors’ mind at present is the impending economic slowdown and its impact on banking industry. While keeping its medium-term profitability goal of 17% return on tangible equity intact, JPMorgan cautioned about a slowdown in lending […]

Ophthotech Corporation OPHT reported adjusted loss of 53 cents per share in fourth-quarter 2018, wider than the Zacks Consensus Estimate of 37 cents and the year-ago figure of 26 cents. The adjusted loss excluded gain on extinguishment of royalty purchase liability due to the termination of the company’s royalty purchase and sale agreement in December 2018 with Novo Holdings A/S, a holding company for Novo Nordisk NVO . With no approved products in its portfolio, Ophthotech derives revenues from milestone and other payments under collaborations. […]

Sanderson Farms, Inc . SAFM posted first-quarter fiscal 2019 results, wherein both top and bottom lines declined year over year. Results were hurt by tough market conditions that led to reduced prices for boneless breast meat to a large extent […]

Campbell Soup Company CPB released second-quarter fiscal 2019 results, wherein both top and bottom lines came ahead of the Zacks Consensus Estimate. Moreover, sales improved year on year. […]

HEICO Corporation HEI reported first-quarter fiscal 2019 earnings of 58 cents per share, surpassing the Zacks Consensus Estimate of 46 cents. The bottom line rose 20.8% from the prior-year figure of 48 cents. The year-over-year improvement was driven by higher sales in the reported quarter and increase in operating income […]