Stock Analysts

What Awaits Matrix Service Company (MTRX) in Q1 Earnings?

Matrix Service Company MTRX is set to release fiscal first-quarter 2020 results after the closing bell on Wednesday, Nov 6. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 26 cents per share on revenues of $397 million. Let’s delve into the factors that might have influenced the company’s performance in the quarter ended September. […]

Stock Analysts

Is a Beat in Store for Vulcan (VMC) This Earnings Season?

Vulcan Materials Company VMC is scheduled to release third-quarter 2019 results on Nov 6, before the opening bell. In the last reported quarter, the company’s adjusted earnings of $1.48 per share and revenues of $1,327.7 million topped the Zacks Consensus Estimate by 2.1% and 1.7%, respectively. Not only its top and bottom lines surpassed analysts’ expectation, but also the metrics increased 20.4% and 10.6%, respectively, on a year-over-year basis. […]

Stock Analysts

FirstEnergy (FE) Q3 Earnings and Revenues Beat Estimates

FirstEnergy Corporation FE delivered third-quarter 2019 operating earnings of 76 cents per share, which beat the Zacks Consensus Estimate of 73 cents by 4.1%. The figure fell 5% from the year-ago quarter’s earnings of 80 cents. On a GAAP basis, the company generated earnings of 72 cents against a loss of $1.02 in the prior-year quarter […]

Mergers & Acquisitions

ZEDRA Reaches Agreement to Acquire LJ Fiduciary

ZEDRA Reaches Agreement to Acquire LJ Fiduciary PR Newswire GENEVA, Nov. 4, 2019 GENEVA , Nov. 4, 2019 /PRNewswire/ — ZEDRA Group , the fast-growing global specialist in Trust, Corporate and Fund Services has today announced the acquisition of LJ Fiduciary, from investment firm Alvarium […]

Mergers & Acquisitions

Resolute Industrial Acquires American Equipment Group

Resolute Industrial Acquires American Equipment Group PR Newswire INDIANAPOLIS, Nov. 4, 2019 INDIANAPOLIS , Nov. 4, 2019 /PRNewswire/ — Resolute Industrial Holdings, LLC (“Resolute”), a leading independent provider of specialty HVAC&R equipment rental solutions, compressor remanufacturing, and refrigerant storage services, announced today that it has acquired American Equipment Group (“AEG”). […]