Month: November 2019

Wall Street bulls, which dominated in the first three quarters of this year, continued their forward march in the first month of the final quarter. Wall Street ended October, generally known as a tough month for investors, with an impressive rally. All three major stock indexes —- the Dow, the S&P 500 and Nasdaq Composite —- advanced 0.5%, 2% and 3.7%, respectively, last month. […]

AMN Healthcare Services Inc. AMN reported third-quarter 2019 adjusted earnings per share (EPS) of 81 cents, which outpaced the Zacks Consensus Estimate of 73 cents. […]

PRA Health Sciences, Inc. PRAH reported third-quarter 2019 adjusted earnings per share (EPS) of $1.32, which outpaced the Zacks Consensus Estimate of $1.30. The bottom line rose 16.8% from the prior-year quarter tally […]

The Clorox Company CLX reported first-quarter fiscal 2020 results, wherein earnings beat estimates but sales lagged. However, top and bottom lines declined year over year. Further, the company reiterated its recently lowered view for fiscal 2020, based on revised assumptions for currency rates […]

The implementation of 5G networks offers an array of opportunities for the key players in the space, especially because of demand in technical upgrade necessary for 5G. Of course, technology companies are the biggest beneficiaries of the growth in 5G infrastructure. Therefore, it is crucial for investors to pay attention to specific segments in the technology sector that are well positioned to gain more by virtue of 5G products and services that they offer […]

Tenneco Inc. TEN posted third-quarter 2019 results, wherein adjusted earnings per share of $1.23 beat the Zacks Consensus Estimate of 97 cents, aided by stellar top-line growth in its Clean Air, Ride Performance and Motorparts divisions. However, the reported figure came in lower than the prior-years’ $1.66 […]

Oshkosh Corporation OSK recorded earnings of $2.17 per share in the fourth quarter of fiscal 2019 (Sep 30, 2019), beating the Zacks Consensus Estimate of $1.88, mainly impactedby higher sales, improved pricing and application of the new revenue recognition standard. In the year-ago quarter, earnings were $2.05 per share. Net income was $150 million compared with the year-ago quarter’s $151.3 million. […]

B&G Foods, Inc. BGS posted third-quarter 2019 results, wherein both top and bottom lines surpassed the Zacks Consensus Estimate. However, both metrics fell year over year, impacted by Pirate Brands’ divestiture […]

Annaly Capital Management, Inc. NLY reported third-quarter 2019 core earnings, excluding premium amortization adjustment (PAA), of 21 cents per share, missing the Zacks Consensus Estimate of 25 cents. Moreover, the figure compares unfavorably with the year-ago tally of 30 cents. […]