Month: November 2019

Mergers & Acquisitions

Leviton Acquires Canada-Based Viscor

November 4, 2019 0

Leviton Acquires Canada-Based Viscor PR Newswire MELVILLE, N.Y., Nov. 4, 2019 Country’s largest independent lighting manufacturer will bolster Leviton’s expanding and diversified lighting product portfolio MELVILLE, N.Y. […]

Stock Analysts

TiVo (TIVO) to Report Q3 Earnings: What’s in the Cards?

November 4, 2019 0

TiVo Corporation TIVO is scheduled to report third-quarter 2019 results on Nov 7. The Zacks Consensus Estimate for third-quarter earnings and revenues is pegged at 15 cents and $149.7 million each, indicating no change in earnings and a revenue decline of 9.13% from the respective year-ago reported numbers. In the trailing four quarters, the company missed the Zacks Consensus Estimate thrice and topped it once, the average negative earnings surprise being 28.2% […]

Stock Analysts

Eversource (ES) to Report Q3 Earnings: What’s in the Offing?

November 4, 2019 0

We expect Eversource Energy ES to beat third-quarter 2019 estimates when it reports financial results on Nov 6, before the opening bell. The utility delivered a positive earnings surprise of 1.37% in the last reported quarter. What Our Quantitative Model Predicts Our proven model does conclusively predict an earnings beat for Eversource this season […]

Stock Analysts

Suncor (SU) Beats on Q3 Earnings, Tightens Production View

November 4, 2019 0

Last week, Suncor Energy SU announced third-quarter 2019 results wherein its earnings surpassed estimates. The company’s operating earnings per share of 55 cents edged past the Zacks Consensus Estimate of 54 cents on the back of higher output contribution from Fort Hills and Syncrude operations. However, the bottom line declined 24.6% from the prior-year figure of 73 cents per share […]

Stock Analysts

Schneider (SNDR) Q3 Earnings Miss Estimates, Decrease Y/Y

November 4, 2019 0

Schneider National ’s SNDR third-quarter 2019 earnings (excluding 21 cents from non-recurring items) of 32 cents per share missed the Zacks Consensus Estimate by 3 cents. The bottom line also declined 20% year over year. Also, operating revenues dipped 7.52% to $1183.9 million, lagging the Zacks Consensus Estimate of $1,224.7 million […]

Stock Analysts

AMAG Q3 Loss Wider Than Expected, Revenues Lag Estimates

November 4, 2019 0

AMAG Pharmaceuticals, Inc. AMAG incurred a loss of 70 cents per share in the third quarter of 2019, wider than the Zacks Consensus Estimate of a loss of 51 cents but narrower than the year-ago quarterly loss of 77 cents. Moreover, quarterly revenues of $84.1 million were down approximately 31.2% from $122.2 million a year ago […]

Mergers & Acquisitions

First Horizon National Corporation and IBERIABANK Corporation to Combine in Merger of Equals to Create a Leading Regional Financial Services Company

November 4, 2019 0

First Horizon National Corporation and IBERIABANK Corporation to Combine in Merger of Equals to Create a Leading Regional Financial Services Company – Creates a leading regional financial services company with significant scale at $75 billion in assets – Combination to be strongly accretive to EPS – Significant synergies anticipated to drive value creation and enhanced financial performance – Pro forma company expected to have peer leading profitability metrics – Proven strong credit culture and risk management practices – Aligned relationship-oriented cultures committed to creating a great place to work for employees – Expansive 11-state reach in high-growth, attractive markets across the combined footprint – Broadens business mix, creating a strong core deposit franchise, diversified loan portfolio and differentiated revenue streams – Scale and earnings power to invest in advanced technologies and innovation to deliver an extraordinary client experience – Experienced combined management team with a strong history of successfully executing and integrating transformative transactions PR Newswire MEMPHIS, Tenn. & LAFAYETTE, La., Nov. […]