Month: November 2019

Consolidation in the automobile industry is the need of the hour. The car industry, which has become extremely competitive, needs consolidation and requires forming strategic alliances to reduce the ruinous levels of competition. […]

Nabors Industries Ltd. ’s NBR third-quarter 2019 loss from continuing operations (excluding special items) came in at 31 cents per share, wider than the Zacks Consensus Estimate of 23 cents, primarily due to weak performance of the Canadian and International drilling segment. Meanwhile, the bottom line is in line with the year-ago adjusted loss. […]

Diamond Offshore Drilling, Inc. DO incurred third-quarter 2019 adjusted loss of 67 cents per share, narrower than the Zacks Consensus Estimate by a penny. However, it was wider than the year-ago loss of 26 cents. […]

CVS Health Corporation CVS is scheduled to report third-quarter 2019 results on Nov 6, before the opening bell. In the last reported quarter, the company delivered a positive surprise of 11.18%, the average trailing four-quarter beat being 5.93%. […]

Dominion Energy Inc . D reported third-quarter 2019 operating earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.16 by 1.7%. […]

Bio-Rad Laboratories, Inc. BIO posted third-quarter 2019 adjusted earnings per share (EPS) of $1.61, which beat the Zacks Consensus Estimate by 18.4%. The bottom line also jumped 76.9% from the prior-year quarter […]

Agios Pharmaceuticals, Inc. AGIO reported third-quarter 2019 loss of $1.81 per share, narrower than the Zacks Consensus Estimate of a loss of $1.85 but wider than the year-ago loss of $1.63. Meanwhile, total revenues in the reported quarter were $26 million, lower than the Zacks Consensus Estimate of $29 million but higher than the year-ago revenue figure of $15 million […]

Sirius XM Holdings SIRI reported third-quarter 2019 earnings of 5 cents per share that missed the Zacks Consensus Estimate by a penny and declined 28.6% year over year. Earnings were negatively impacted by refinancing expenses associated with the company’s July redemption of its 6.00% senior notes due 2024. Total revenues on a reported basis jumped 37.1% year over year to $2.01 billion and beat the Zacks Consensus Estimate of $1.98 billion […]

Exxon Mobil Corporation XOM reported better-than-expected earnings for third-quarter 2019, courtesy of ramped-up liquid volumes in the prolific Permian Basin. This was offset partially by soft fuel margins. This largest publicly-traded integrated energy company’s earnings per share of 68 cents surpassed the Zacks Consensus Estimate of 64 cents […]

Cboe Global Markets CBOE third-quarter 2019 adjusted earnings of $1.29 per share beat the Zacks Consensus Estimate by 11.2%. Moreover, the bottom line increased 22% year over year on higher trading volumes. Operational Details Total revenues came in at $294 million, beating the Zacks Consensus Estimate by 1.4%. […]

Danaos Corporation DAC is scheduled to release third-quarter 2019 results on Nov 4, after market close. The Zacks Consensus Estimate for third-quarter earnings has been stable at $2.14 in the past 90 days. Given this backdrop, let’s delve into the factors that might have influenced the company’s performance in the September quarter. […]

Jack Henry & Associates, Inc. JKHY is scheduled to report fiscal first-quarter 2020 results on Nov 4. The company surpassed the Zacks Consensus Estimate in three of the trailing four quarters, average being 5.57% […]

Mallinckrodt plc MNK is scheduled to report third-quarter 2019 results on Nov 5, before market open. Mallinckrodt has surpassed expectations in the last four quarters, the average positive earnings surprise being 15.56%. Let’s see how things are shaping up for this announcement […]

We expect Allergan plc AGN to beat expectations when it reports third-quarter 2019 results on Nov 5. In the last reported quarter, the company delivered a positive earnings surprise of 0.92%. Allergan’s share price has risen 31.8% this year so far against the industry ’s decrease of 2.8%. […]

Sempra Energy’ s SRE third-quarter 2019 adjusted earnings per share (EPS) came in at $1.50, which surpassed the Zacks Consensus Estimate of $1.49 by 0.7%. The bottom line also improved 22% from $1.23 registered in the prior-year quarter. Barring one-time items, the company generated GAAP earnings of $2.84 per share compared with 99 cents in third-quarter 2018. […]

Seagate STX reported first-quarter fiscal 2020 non-GAAP earnings of $1.03 per share, surpassing the Zacks Consensus Estimate by 3%. However, the figure declined 41.5% from the year-ago reported figure. […]