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TC Energy reports $1.1-billion Q4 profit, raises quarterly dividend to 90 cents. CALGARY TC Energy Corp. raised its dividend as it reported a fourth-quarter profit of $1.1 billion. The pipeline company says it will now pay a quarterly dividend of 90 cents per share, up from 87 cents per share. Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. THE CANADIAN PRESS/Alex Panetta CALGARY TC Energy Corp. raised its dividend as it reported a fourth-quarter
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Marvell Technology Slips After Q3 Earnings, Outlook Shy Of Estimates. Shares of Marvell Technology, Inc. (MRVL) are falling more than 7% Friday morning after the companys third quarter earnings missed analysts view. Fourth-quarter outlook also came in below consensus estimates. Source: RTTNews
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Brokerages Set Sunrun Inc. (NASDAQ:RUN) PT at $49.19. Sunrun Inc. ( NASDAQ:RUN Get Rating ) has earned a consensus recommendation of Moderate Buy from the seventeen brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $49.19
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Zacks: Analysts Expect Valero Energy Co. (NYSE:VLO) Will Announce Quarterly Sales of $28.86 Billion. According to Zacks, analysts expect that Valero Energy will report full-year sales of $107.25 billion for the current fiscal year, with estimates ranging from $106.24 billion to $107.88 billion. For the next fiscal year, analysts forecast that the firm will post sales of $115.71 billion, with estimates ranging from $114.01 billion to $118.87 billion. Zacks Investment Researchs sales averages are an average based on a survey of analysts that
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Expedia Group, Inc. (NASDAQ:EXPE) Expected to Announce Quarterly Sales of $2.29 Billion. Equities analysts expect that Expedia Group, Inc. ( NASDAQ:EXPE Get Rating ) will announce $2.29 billion in sales for the current fiscal quarter, Zacks reports. Eight analysts have provided estimates for Expedia Groups earnings. The lowest sales estimate is $2.13 billion and the highest is $2.43 billion. Expedia Group reported sales of $1.25 billion during the same quarter last year, which would suggest a positive year over year growth rate
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Synchrony Financial (NYSE:SYF) Reaches New 52-Week Low at $37.45. SYF has been the subject of several analyst reports. Barclays raised their price objective on shares of Synchrony Financial from $63.00 to $64.00 in a report on Monday, January 10th. Stephens cut their price objective on shares of Synchrony Financial from $58.00 to $54.00 and set an equal weight rating for the company in a report on Monday, January 31st. Morgan Stanley cut their price objective on shares of Synchrony Financial from $66.00 to
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Delta posts Q3 EPS of $1.08, below forecasts Related Links: Delta Air Lines. Delta Air Lines Inc. announced that its earnings per share (EPS) for the third quarter came to $1.08, dropping 53% compared to the same period in 2019, before the COVID-19 pandemic. Net income stood at $695 million, 54% less than in Q3 2019. Meanwhile, operating revenue grew 11% to $14 billion. Our results reflect the strength of our brand and diverse revenue streams, with another quarter of record co-brand remuneration and continued premium
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Oracle Q2 Numbers Propel Stock Higher. MENAFN - Baystreet.ca) Oracle Q2 Numbers Propel Stock Higher Oracle (NYSE:ORCL) shares took off Tuesday, following exciting quarterly figures. Total quarterly revenues were up 18% year-over-year in USD and up 25% in constant currency to $12.3 billion. Cloud services and license support revenues were up 14% in USD and up 20% in constant currency to $8.6 billion. Cloud license and on-premise license revenues were up 16% in USD and up 23% in
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Perficient (PRFT) Scheduled to Post Quarterly Earnings on Thursday. Perficient Stock Down 1.2 % Shares of NASDAQ:PRFT opened at $106.62 on Wednesday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.14. Perficient has a 12 month low of $86.24 and a 12 month high of $153.28. The company has a 50-day moving average price of $95.53 and a 200 day moving average price of $100.45. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 57.63
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Should You Be Worried About Conagra Brands, Inc.s (NYSE:CAG) 6.7% Return On Equity?. Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, well look at ROE to gain a better understanding of Conagra Brands, Inc. ( ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders
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Analysts Set Henry Schein, Inc. (NASDAQ:HSIC) PT at $92.33. Henry Schein, Inc. ( NASDAQ:HSIC Get Rating ) has been assigned a consensus rating of Hold from the eight ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $94.50
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Zacks: Brokerages Anticipate Sohu.com Limited (NASDAQ:SOHU) Will Post Earnings of -$0.61 Per Share. Wall Street analysts predict that Sohu.com Limited (NASDAQ:SOHU) will post ($0.61) earnings per share (EPS) for the current fiscal quarter, according to Zacks . Zero analysts have provided estimates for Sohu.coms earnings. Sohu.com posted earnings per share of $1.18 during the same quarter last year, which indicates a negative year over year growth rate of 151.7%. The business is expected to report its next earnings results before the market
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RingCentral Announces Date of Second Quarter 2022 Financial Results Conference Call. RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that it will report financial results for the second quarter ended June 30, 2022 after market close on Tuesday, August 2, 2022. The company also announced that it will hold a conference call on the same day at 2:00 PM Pacific Time (5:00 PM Eastern Time) to discuss its quarterly
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Hope Bancorp (NASDAQ:HOPE) Shares Gap Up to $14.19. Hope Bancorp, Inc. ( NASDAQ:HOPE Get Rating ) shares gapped up prior to trading on Friday . The stock had previously closed at $14.19, but opened at $14.49. Hope Bancorp shares last traded at $13.95, with a volume of 6,157 shares changing hands. Analyst Upgrades and Downgrades HOPE has been the topic of several recent research reports. Wedbush raised their price objective on Hope Bancorp to $16.00 in a report on Friday, July 22nd
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Brett Arendss ROI: Starbucks CEO gets a $60 million golden goodbye even as company tries to keep out unions. How much would you pay for this kind of performance? Weiter zum vollstndigen Artikel bei MarketWatch
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Jefferies Financial Group Equities Analysts Decrease Earnings Estimates for Penn National Gaming, Inc. (NASDAQ:PENN). Penn National Gaming logo Penn National Gaming, Inc. ( NASDAQ:PENN Get Rating ) Equities research analysts at Jefferies Financial Group reduced their Q2 2022 earnings per share (EPS) estimates for shares of Penn National Gaming in a report issued on Wednesday, May 18th. Jefferies Financial Group analyst D. Katz now anticipates that the company will post earnings of $0.59 per share for the quarter, down from their previous estimate of $0.67
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Toymaker Mattel cuts annual revenue forecast as inflation slashes demand. A Mattel signal is photographed on the Worldwide Toy Truthful in Nuremberg, January 29, 2014, in Nuremberg, Germany. Getty Photos Mattel Company It lowered its annual earnings forecast on Tuesday and mentioned it could ramp up promotions forward of the busy vacation season, as value will increase discourage inflation-hit Individuals from spending on Barbies and motion figures. Though demand for toys often stays resilient throughout financial
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East West Bancorp GAAP EPS of $1.52 misses by $0.04, revenue of $477.18M beats by $6.23M. East West Bancorp press release (NASDAQ: EWBC : Q4 GAAP EPS of $1.52 misses by $0.04 Revenue of $477.18M (+14.6% Y/Y) beats by $6.23M EWBC - East West Bancorp, Inc. Comments
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American Electric Power Company, Inc. (NASDAQ:AEP) Expected to Announce Quarterly Sales of $4.54 Billion. Analysts expect that American Electric Power Company, Inc. ( NASDAQ:AEP Get Rating ) will post sales of $4.54 billion for the current quarter, according to Zacks Investment Research . Three analysts have issued estimates for American Electric Powers earnings, with estimates ranging from $4.27 billion to $4.91 billion. American Electric Power reported sales of $4.28 billion in the same quarter last year
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XPO Logistics, Inc. (NYSE:XPO) Expected to Announce Quarterly Sales of $3.28 Billion. On average, analysts expect that XPO Logistics will report full year sales of $12.70 billion for the current year, with estimates ranging from $12.62 billion to $12.95 billion. For the next financial year, analysts expect that the business will post sales of $13.23 billion, with estimates ranging from $12.76 billion to $13.69 billion. Zacks sales calculations are a mean average based on a survey of sell-side analysts that cover XPO Logistics
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Sunrun (NASDAQ:RUN) Shares Down 6.7%. Sunrun Inc. ( NASDAQ:RUN Get Rating )s stock price was down 6.7% on Monday . The company traded as low as $30.08 and last traded at $30.56. Approximately 99,660 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 7,666,336 shares. The stock had previously closed at $32.77. Wall Street Analysts Forecast Growth A number of analysts have recently weighed in on RUN shares
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Marten Transport (NASDAQ:MRTN) Trading Up 6.5% on Earnings Beat. Marten Transport, Ltd. ( NASDAQ:MRTN Get Rating )s stock price was up 6.5% during trading on Wednesday following a better than expected earnings announcement. The company traded as high as $17.74 and last traded at $17.47. Approximately 8,714 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 448,329 shares. The stock had previously closed at $16.40. The transportation company reported $0.33 EPS
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Thor Industries (NYSE:THO) Announces Quarterly Earnings Results, Beats Expectations By $1.45 EPS. Shares of NYSE:THO opened at $76.97 on Thursday. Thor Industries has a 52-week low of $66.26 and a 52-week high of $128.87. The firm has a market capitalization of $4.24 billion, a P/E ratio of 4.65 and a beta of 1.82. The stock has a 50 day moving average price of $78.47 and a 200-day moving average price of $89.82. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.80 and a current ratio of 1.68
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Citigroup Trims Advanced Micro Devices (NASDAQ:AMD) Target Price to $65.00. Advanced Micro Devices ( NASDAQ:AMD Get Rating had its target price reduced by Citigroup from $96.00 to $65.00 in a report published on Monday morning, The Fly reports. Citigroup currently has a neutral rating on the semiconductor manufacturers stock. A number of other research firms also recently weighed in on AMD. Cowen dropped their target price on Advanced Micro Devices from $160.00 to $120.00 and set an outperform rating for the company
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Shares Magazine Wall Street Week: strong earnings help lift US stocks, Tesla and Netflix beat expectations. Some better-than-expected second quarter earnings releases, notably from the tech sector, helped US stocks to eke out gains this past week. One exception was social media and advertising technology firms which came under pressure thanks to weak updates from Twitter (TWTR:NYSE) and Snapchat-owner Snap (SNAP:NYSE) . These reflect a weaker consumer backdrop which is depressing demand for advertising. Etsy was the very best performer on the S&P 500
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Deutsche Bank Says First Quantum Results In Line With Estimates Despite Cost One-Offs. 02/17/2022 | 09:10am EST MT Newswires 2022
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Altria Group (NYSE:MO) Upgraded by StockNews.com to Buy. Several other research firms have also recently issued reports on MO. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Altria Group from $60.00 to $46.00 and set a buy rating on the stock in a research note on Friday, July 1st. Bank of America lowered their target price on Altria Group from $50.00 to $45.00 and set a neutral rating for the company in a research report on Friday, July 8th
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Analysts Offer Predictions for Denbury Inc.s Q3 2022 Earnings (NYSE:DEN). Get Denbury alerts: Several other research analysts have also issued reports on DEN. Bank of America lowered Denbury from a neutral rating to an underperform rating and dropped their target price for the company from $107.00 to $71.00 in a research report on Tuesday, July 19th. US Capital Advisors restated an overweight rating on shares of Denbury in a research report on Tuesday, June 14th. TheStreet upgraded Denbury from a c rating to a
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Jefferies Financial Group Equities Analysts Lower Earnings Estimates for PubMatic, Inc. (NASDAQ:PUBM). PubMatic, Inc. ( NASDAQ:PUBM Get Rating ) Stock analysts at Jefferies Financial Group lowered their FY2022 earnings per share (EPS) estimates for shares of PubMatic in a research note issued to investors on Thursday, December 15th. Jefferies Financial Group analyst B. Thill now anticipates that the company will earn $0.55 per share for the year, down from their prior estimate of $0.57. The consensus estimate for PubMatics current full-year
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Analysts Set Everi Holdings Inc. (NYSE:EVRI) Target Price at $28.75. Shares of Everi Holdings Inc. ( NYSE:EVRI Get Rating ) have been given an average recommendation of Buy by the seven research firms that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year
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Qualcomm sharply lowers forecast on smartphone slump, shares slide. Chavi Mehta and Jane Lanhee Lee 1-min read By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chipmaker Qualcomm Inc forecast that revenue would come in $2 billion less than Wall Street analysts estimated for the current quarter due to a sharp drop in smartphone sales, and its shares sank 7% in after-hours trading. Qualcomm also said profits would be less than expected. Decades-high inflation, the Ukraine war
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Netflix Stock Plummets After Its First Net Subscribers Loss On Record, Grim Growth Outlook | Myrtle Beach Sun News. Netflix lost a net 200,000 subscribers over the three months ending in March, the online streaming groups first-ever year-on-year decline. Netflix posted its first-ever decline in annual subscriber growth Tuesday, clouding a stronger-than-expected first quarter earnings report and sending its shares sharply lower in after-hours trading. Netflix said earnings for the three months ending in December were pegged at $3.53 per share
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Goldman Sachs reportedly warns of $1.2 billion loss from consumer banking unit. Goldman Sachs consumer banking arm which chief executive David Solomon has previously compared to Amazons cloud computing juggernaut AWS for its growth potential will suffer huge losses this year, according to a report. Bloomberg News reported Tuesday, citing people with knowledge of the matter, that the consumer bank, known as Marcus, will lose more than $1.2 billion in 2022, according to the banks internal estimates
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Radware (NASDAQ:RDWR) Shares Gap Down to $20.75. Radware Ltd. ( NASDAQ:RDWR Get Rating )s stock price gapped down prior to trading on Monday . The stock had previously closed at $20.75, but opened at $20.01. Radware shares last traded at $20.88, with a volume of 3 shares changing hands. Analyst Ratings Changes A number of equities analysts have weighed in on RDWR shares. StockNews.com raised shares of Radware from a hold rating to a buy rating in a research report on Tuesday
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San Juan Basin Royalty Trust Declares Cash Distribution for February 2022 and Announces Hilcorps 2022 Capital Plan. PNC Bank, National Association, as the trustee (the Trustee) of the San Juan Basin Royalty Trust (the Trust) ( NYSE: SJT ), today declared a monthly cash distribution to the holders (the Unit Holders) of its units of beneficial interest (the Units) of $ 3,996,441.96 or $0.085744 per Unit, based primarily upon the reported production of the Trusts subject interests (the Subject Interests) during the month of December 2021
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Nvidia disappoints investors with latest results. Nvidia Corp., which walked away from a $40 billion (R600 billion) acquisition of Arm Ltd. earlier this month, failed to impress investors with its latest forecast, a sign of the lofty expectations for the most valuable US chipmaker. Though the company topped Wall Street estimates with its latest quarterly results and projected strong growth for the current period the shares fell more than 3% in pre-market trading on Thursday
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Will Microsoft Stock Keep Rallying? Itll Have to Clear This Key Level. | The Fresno Bee. Microsoft and Apple have been two of the major leaders as U.S. equities have surged back from the doldrums. The S&P 500 is up in four straight weeks and in five of the past six weeks. For Apples part, the stock enters this week on a six-week win streak and is up a third (34%) from the lows. But theres reason for some caution with the stock when we look at the charts Is that also true for Microsoft
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CarMax Stock Slides After Q4 Earnings Miss, Retail Unit Sales Slump | Merced Sun-Star CarMax Stock Slides After Q4 Earnings Miss, Retail Unit Sales Slump. By Martin Baccardax TheStreet CarMax said declining consumer confidence, vehicle affordability and expiring stimulus benefits lead to a slump in retail unit sales over its fiscal fourth quarter. CarMax KMX Get CarMax, Inc. Report posted weaker-than-expected fourth quarter earnings Tuesday as retail used car sales declined amid surging prices, waning consumer confidence and the expirations of Covid benefits from the federal government
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Credit Suisse Group Reiterates GBX 2,650 Price Target for Relx (LON:REL). Credit Suisse Group set a GBX 2,650 ($32.51) target price on Relx ( LON:REL Get Rating in a research note published on Monday, Borsen Zeitung reports. Other equities research analysts also recently issued reports about the stock. UBS Group set a GBX 2,615 ($32.08) price objective on shares of Relx in a research note on Friday, June 24th. The Goldman Sachs Group set a GBX 3,225 ($39.57) price objective on shares of Relx in a report on Monday
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FedEx forecasts strong profits for LTL division. FedEx expects its trucking operating profits to keep rising, despite what could be a rocky economic road in the second half of 2022, executives said at an investor meeting. This article has been posted as is from Source
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Zacks: Analysts Anticipate Park National Co. (NYSE:PRK) Will Announce Quarterly Sales of $111.75 Million. Brokerages expect Park National Co. ( NYSE:PRK Get Rating ) to announce sales of $111.75 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Park Nationals earnings, with the highest sales estimate coming in at $113.45 million and the lowest estimate coming in at $110.80 million. Park National posted sales of $115.09 million in the same quarter last year
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Kansas City Life Insurance (OTCMKTS:KCLI) to Issue Dividend of $0.14. Kansas City Life Insurance ( OTCMKTS:KCLI Get Rating ) declared a dividend on Friday, October 28th, investing.com reports. Stockholders of record on Thursday, November 3rd will be paid a dividend of 0.14 per share by the financial services provider on Wednesday, November 9th. This represents a dividend yield of 1.91%. The ex-dividend date of this dividend is Wednesday, November 2nd. Kansas City Life Insurance Price Performance OTCMKTS:KCLI
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AstraZenecas (AZN) Overweight Rating Reiterated at Barclays. AstraZeneca logo AstraZeneca ( LON:AZN Get Rating ) s stock had its overweight rating reaffirmed by Barclays in a note issued to investors on Monday, MarketBeat Ratings reports. They presently have a 115 ($151.40) price objective on the biopharmaceutical companys stock. Barclays s price objective suggests a potential upside of 20.12% from the stocks current price. AZN has been the subject of a number of other research reports
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Hormel Foods (NYSE:HRL) Price Target Cut to $53.00. Other research analysts have also issued research reports about the company. Stephens reduced their price target on Hormel Foods to $52.00 in a research note on Tuesday, September 6th. Credit Suisse Group lowered their price objective on shares of Hormel Foods to $44.00 in a research note on Friday, June 3rd. Finally, Piper Sandler reduced their price objective on Hormel Foods from $48.00 to $47.00 and set a neutral rating on the stock in a
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Mizuho Raises Entegris (NASDAQ:ENTG) Price Target to $148.00. ENTG has been the topic of a number of other research reports. KeyCorp cut their price objective on shares of Entegris from $150.00 to $132.00 and set an overweight rating on the stock in a report on Wednesday, July 20th. The Goldman Sachs Group reiterated a buy rating and set a $109.00 price target on shares of Entegris in a report on Friday, July 15th. Craig Hallum cut their price target on shares of Entegris from $175.00 to $133.00 in a
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Emergent BioSolutions (NYSE:EBS) Posts Quarterly Earnings Results, Misses Expectations By $0.05 EPS. Emergent BioSolutions ( NYSE:EBS Get Rating ) posted its quarterly earnings results on Thursday. The biopharmaceutical company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05), MarketWatch Earnings reports. Emergent BioSolutions had a net margin of 8.96% and a return on equity of 16.08%. The firm had revenue of $307.50 million during the quarter
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Randgold Resources (LON:RRS) Share Price Crosses Above 200-Day Moving Average of $6,154.03. Randgold Resources Limited (LON:RRS) shares passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 6,154.03 ($82.74) and traded as high as GBX 6,862 ($92.26). Randgold Resources shares last traded at GBX 6,546 ($88.01), with a volume of 51,000 shares trading hands. The business has a fifty day moving average of GBX 6,546 and a 200 day moving average of GBX 6,154.03
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The TJX Companies, Inc. Reports Q2 FY23 Results; Q2 Pretax Profit Margin Above Companys Plan; Increases Full Year FY23 Pretax Profit Margin Outlook. En este artculo: TJX Q2 FY23 pretax profit margin of 9.2% was above the Companys plan Q2 FY23 diluted earnings per share of $.69 were at the high-end of the Companys plan Q2 FY23 U.S. comp store sales decreased 5% versus a 21% U.S. open-only comp store sales increase last year Q2 FY23 comp store sales for Marmaxxs overall apparel business were slightly positive versus last year Returned over $1.0 billion to shareholders in Q2 FY23
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Is Compass Minerals International, Inc.s (NYSE:CMP) ROE Of 7.3% Concerning?. Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, well look at ROE to gain a better understanding of Compass Minerals International, Inc. ( NYSE:CMP ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its
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Brokerages Set ABM Industries Incorporated (NYSE:ABM) Price Target at $57.67. ABM Industries logo Shares of ABM Industries Incorporated ( NYSE:ABM Get Rating ) have been given an average recommendation of Moderate Buy by the six brokerages that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock
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KNOT Offshore Partners (NYSE:KNOP) Shares Down 6.2%. KNOT Offshore Partners LP ( NYSE:KNOP Get Rating ) traded down 6.2% during mid-day trading on Monday . The company traded as low as $16.90 and last traded at $17.06. 6,397 shares traded hands during trading, a decline of 97% from the average session volume of 205,666 shares. The stock had previously closed at $18.18. A number of analysts recently issued reports on the stock. StockNews.com assumed coverage on shares of KNOT Offshore Partners
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Brokerages Anticipate 3D Systems Co. (NYSE:DDD) Will Announce Quarterly Sales of $144.62 Million. Analysts expect that 3D Systems Co. (NYSE:DDD) will post $144.62 million in sales for the current quarter, according to Zacks Investment Research . Four analysts have made estimates for 3D Systems earnings, with the lowest sales estimate coming in at $140.00 million and the highest estimate coming in at $148.55 million. 3D Systems reported sales of $172.65 million during the same quarter last year
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ICICI Banks net profit up 59% in Q4; beats street estimates-Business Journal. Private sector lender ICICI Bank reported a 59 per cent jump in net profit in January-March quarter of FY22, aided by robust increase in net interest income (NII) and lower provisions. Net profit totaled to Rs 7,019 crore in Q4FY22 compared to Rs 4,403 crore in the year ago period, beating street estimates. Analysts at Bloomberg had estimated a net profit of Rs 6,402.5 crore. Its NII grew by 21 per cent in the same period to Rs 12
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Shopify (SHOP) Q4 Earnings Beat Estimates, Revenues Up Y/Y. Shopify SHOP reported fourth-quarter 2021 non-GAAP earnings of $1.36 per share, which beat the Zacks Consensus Estimate by 2.26%. However, the bottom line declined 13.9% year over year. Total revenues surged 41% year over year to $1.38 billion, which surpassed the Zacks Consensus Estimate by 2.79%. The top line benefited from strong growth witnessed in Subscription Solutions and Merchant Solutions revenues
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Nordic American Tankers (NYSE:NAT) Stock Passes Above 200-Day Moving Average of $2.82. Shares of Nordic American Tankers Limited ( NYSE:NAT Get Rating ) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.82 and traded as high as $3.23. Nordic American Tankers shares last traded at $3.17, with a volume of 2,221,658 shares traded. Wall Street Analyst Weigh In NAT has been the subject of several recent research reports. Jefferies Financial Group lifted their price
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B&G Foods (NYSE:BGS) Trading 2.6% Higher. B&G Foods logo B&G Foods, Inc. ( NYSE:BGS Get Rating )s share price traded up 2.6% on Thursday. The company traded as high as $23.90 and last traded at $23.71. 7,418 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 1,116,929 shares. The stock had previously closed at $23.11. A number of research analysts recently weighed in on the stock. Piper Sandler raised shares of B&G Foods from an
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China Eastern Airlines (NYSE:CEA) Cut to Sell at StockNews.com. China Eastern Airlines ( NYSE:CEA Get Rating was downgraded by StockNews.com from a hold rating to a sell rating in a research report issued to clients and investors on Friday. CEA has been the subject of a number of other reports. Credit Suisse Group lowered China Eastern Airlines from a neutral rating to an underperform rating in a report on Tuesday, March 15th. The Goldman Sachs Group started coverage on China Eastern Airlines in a
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Cormark Comments on New Gold Inc.s FY2021 Earnings (TSE:NGD). New Gold Inc. (TSE:NGD) (ARCA:NGD) Stock analysts at Cormark decreased their FY2021 earnings per share estimates for shares of New Gold in a research note issued to investors on Thursday, January 13th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.18 for the year, down from their prior forecast of $0.20. Cormark also issued estimates for New Golds Q4 2021 earnings at $0.06 EPS
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Morgan Stanley Boosts Terminix Global (NYSE:TMX) Price Target to $46.00. Terminix Global ( NYSE:TMX Get Rating had its price objective hoisted by Morgan Stanley from $43.00 to $46.00 in a research note issued to investors on Monday morning, Marketbeat.com reports. Morgan Stanley currently has an equal weight rating on the technology companys stock. Terminix Global Stock Up 2.0 % Terminix Global stock opened at $45.66 on Monday. The firm has a market cap of $5.55 billion
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Akamai Technologies (NASDAQ:AKAM) Downgraded to Hold at StockNews.com. StockNews.com cut shares of Akamai Technologies ( NASDAQ:AKAM Get Rating from a buy rating to a hold rating in a research report released on Thursday. Several other brokerages have also commented on AKAM. Robert W. Baird cut their price objective on Akamai Technologies from $102.00 to $95.00 and set a neutral rating for the company in a report on Thursday, August 11th. DA Davidson cut their price objective on Akamai Technologies from $115.00
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Illumina (NASDAQ:ILMN) Price Target Raised to $350.00. Illumina ( NASDAQ:ILMN Get Rating ) had its price target upped by stock analysts at Cowen from $327.00 to $350.00 in a research note issued to investors on Friday, Stock Target Advisor reports. Cowens price objective suggests a potential upside of 56.00% from the companys current price. A number of other brokerages also recently commented on ILMN. Evercore ISI raised Illumina from an in-line rating to an outperform rating and boosted
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Brandywine Realty Trust (NYSE:BDN) Announces Quarterly Earnings Results, Misses Expectations By $0.31 EPS. Brandywine Realty Trust ( NYSE:BDN Get Rating ) issued its quarterly earnings data on Wednesday. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the Thomson Reuters consensus estimate of $0.34 by ($0.31), MarketWatch Earnings reports. The firm had revenue of $127.50 million during the quarter, compared to the consensus estimate of $126.45 million. Brandywine Realty Trust had a net margin of 2.51%
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Hilton Worldwide Holdings Inc. (NYSE:HLT) Short Interest Down 32.0% in January. Hilton Worldwide Holdings Inc. (NYSE:HLT) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 4,910,000 shares, a decrease of 32.0% from the January 15th total of 7,220,000 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average daily trading volume, of 2,250,000 shares, the days-to-cover ratio is currently 2.2 days
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Credit Suisse Group Reiterates $184.00 Price Target for Apple (NASDAQ:AAPL). Credit Suisse Group set a $184.00 price objective on Apple ( NASDAQ:AAPL Get Rating in a research note issued to investors on Thursday, Borsen Zeitung reports. AAPL has been the topic of a number of other research reports. Citigroup reiterated a buy rating and set a $175.00 price target on shares of Apple in a research note on Tuesday, November 8th. Needham & Company LLC restated a buy rating and issued a $170.00 target price on shares of
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Toyota slashes production target as chip scarcity sees shortfalls, drop in profits. The company was initially able to avoid the worst impacts of the crippling chip shortage Share Japanese vehicle manufacturing titan Toyota has cut its annual production target by half a million units to 8.5 million, due to the impact of a significant chip shortage battering automative production globally The worlds leading carmaker by sales volumes also recorded decreased profits, which fell by 21 per cent during the last quarter of 2021
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Xerox reports 2nd quarter loss and revenue decline. Inflation and supply chain challenges affected margins this quarter,said Xerox interim CEO Steve Bandrowczak, buto ur revenue grew in constant currency...driven by improving demand for our products and services and the realization of pricing growth. Q2 2022 Financial Summary $1.75 billion of revenue, down 2.6 percent year-over-year or up 1.1 percent in constant currency. GAAP (loss) earnings per share (EPS) of $(0.05)
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Discover Financial Services Reports Third Quarter 2022 Net Income of $1.0 Billion or $3.54 Per Diluted Sh. Board of Directors Declares Quarterly Dividend for Common Stock Discover Financial Services DFS: Discover Financial Services DFS today reported net income of $1.0 billion or $3.54 per diluted share for the third quarter of 2022, as compared to a net income of $1.1 billion or $3.54 per diluted share for the third quarter of 2021. Our outstanding third quarter results were characterized by robust loan growth and net interest margin
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Zacks: Analysts Expect Thomson Reuters Co. (NYSE:TRI) Will Post Quarterly Sales of $1.62 Billion. Wall Street analysts forecast that Thomson Reuters Co. ( NYSE:TRI Get Rating ) (TSE:TRI) will report $1.62 billion in sales for the current quarter, according to Zacks . Three analysts have issued estimates for Thomson Reuters earnings, with the lowest sales estimate coming in at $1.61 billion and the highest estimate coming in at $1.62 billion. Thomson Reuters reported sales of $1.53 billion in the same quarter last year
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Q3 2022 EPS Estimates for Comerica Incorporated Lifted by Jefferies Financial Group (NYSE:CMA). Comerica logo Comerica Incorporated ( NYSE:CMA Get Rating ) Analysts at Jefferies Financial Group increased their Q3 2022 earnings per share estimates for shares of Comerica in a report released on Tuesday, October 11th. Jefferies Financial Group analyst K. Usdin now anticipates that the financial services provider will earn $2.59 per share for the quarter, up from their previous estimate of $2.52
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Uber Technologies (NYSE:UBER) Shares Gap Up After Analyst Upgrade. UBER has been the subject of several other research reports. Needham & Company LLC decreased their target price on Uber Technologies from $77.00 to $75.00 and set a buy rating for the company in a research report on Friday, January 7th. BTIG Research decreased their target price on Uber Technologies from $80.00 to $65.00 and set a buy rating for the company in a research report on Thursday. JMP Securities decreased their target price on Uber
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BrightSphere Investment Group (NYSE:BSIG) Price Target Lowered to $19.00 at Morgan Stanley. BrightSphere Investment Group ( NYSE:BSIG Get Rating had its target price reduced by equities research analysts at Morgan Stanley from $20.00 to $19.00 in a report released on Friday, Stock Target Advisor reports. The firm currently has an equal weight rating on the stock. Morgan Stanleys price target indicates a potential upside of 2.70% from the stocks current price. Separately, StockNews.com assumed coverage on BrightSphere Investment
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NatWest Group (OTCMKTS:RBSPF) Trading Down 0.1%. NatWest Group plc ( OTCMKTS:RBSPF Get Rating ) was down 0.1% during mid-day trading on Monday . The company traded as low as $3.06 and last traded at $3.06. Approximately 100 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 22,465 shares. The stock had previously closed at $3.06. NatWest Group Stock Down 0.1 % The company has a debt-to-equity ratio of 0.19
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Short Interest in Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) Declines By 15.1%. Corbus Pharmaceuticals logo Corbus Pharmaceuticals Holdings, Inc. ( NASDAQ:CRBP Get Rating ) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 3,940,000 shares, a decrease of 15.1% from the November 15th total of 4,640,000 shares. Approximately 3.2% of the shares of the company are short sold. Based on an average trading volume of 5,010,000 shares
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Wheaton Precious Metals Corp. stock rises Thursday, outperforms market. Shares of Wheaton Precious Metals Corp. WPM, +0.54% inched 0.54% higher to C$51.77 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.30% rising 0.30% to 20,344.07. This was the stocks fifth consecutive day of gains. Wheaton Precious Metals Corp. closed C$13.68 short of its 52-week high (C$65.45), which the company achieved on April 18th
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Zoetis Inc. (NYSE:ZTS) Expected to Announce Earnings of $1.21 Per Share. Equities analysts expect that Zoetis Inc. (NYSE:ZTS Get Rating ) will post $1.21 earnings per share for the current quarter, Zacks reports. Six analysts have made estimates for Zoetis earnings, with the highest EPS estimate coming in at $1.26 and the lowest estimate coming in at $1.11. Zoetis reported earnings per share of $1.26 in the same quarter last year, which suggests a negative year-over-year growth rate of 4%
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Bank of America (NYSE:BAC) Is Increasing Its Dividend To $0.22. Bank of America Corporation (NYSE:BAC) has announced that it will be increasing its dividend from last years comparable payment on the 30th of September to $0.22. Based on this payment, the dividend yield for the company will be 2.6%, which is fairly typical for the industry. Bank of Americas Dividend Forecasted To Be Well Covered By Earnings Solid dividend yields are great, but they only really help us if the payment is sustainable
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Spectrum Pharmaceuticals (SPPI) Buy Rating Reaffirmed at HC Wainwright. Spectrum Pharmaceuticals ( NASDAQ:SPPI Get Rating ) s stock had its buy rating reaffirmed by equities researchers at HC Wainwright in a research report issued on Friday, TipRanks reports. They currently have a $10.00 target price on the biotechnology companys stock. Several other research analysts have also recently weighed in on SPPI. StockNews.com upgraded shares of Spectrum Pharmaceuticals from a sell rating to a hold rating in a
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Deutsche Bank Lifts Revenue Outlook as Rising Rates Fuel Trading. (Bloomberg) -- Deutsche Bank AG said it may exceed its full-year revenue target as rising interest rates fuel income from lending and its traders continue to take business from rivals. Germanys largest lender saw fixed income trading jump 38% in the third quarter, beating the average increase of 23% at the biggest US investment banks. Revenue at the corporate bank rose 25% as net interest income, fees and commissions surged
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FedEx Stock Slides As Ground Margin Forecast Highlights Inflation Challenge. Our strategy is focused on driving yields, expanding margins, and elevating returns through profitable growth and capital efficiency, said new CEO Raj Subramaniam. FedEx FDX Get FedEx Corporation Report shares slumped lower Wednesday after the worlds biggest package delivery group cautioned that profit margins in its workhorse ground transportation division would expand at a slower rate over the coming year amid a surge in fuel and input
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Brady Corporation Reports Fiscal 2022 Second Quarter Results and Updates Fiscal 2022 Guidance. 02/17/2022 | 07:01am EST Sales for the quarter increased 19.6 percent. Organic sales increased 13.1 percent. Income before income taxes increased 6.7 percent to $42.0 million in the second quarter of fiscal 2022 compared to $39.4 million in the second quarter of fiscal 2021. Income Before Income Taxes Excluding Amortization* increased 12.4 percent to $45.8 million in the second quarter of fiscal 2022 compared to $40.8 million in the second
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Reliance Steel (RS) Q2 Earnings and Revenues Beat Estimates. Reliance Steel (RS) came out with quarterly earnings of $9.15 per share, beating the Zacks Consensus Estimate of $9.06 per share. This compares to earnings of $5.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.99%. A quarter ago, it was expected that this metals service-center company would post earnings of $7.20 per share when it actually produced earnings
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QUALCOMM (NASDAQ:QCOM) Sees Strong Trading Volume on Strong Earnings. QUALCOMM Incorporated (NASDAQ:QCOM) shares saw unusually-strong trading volume on Thursday following a stronger than expected earnings report. Approximately 278,350 shares were traded during trading, a decline of 97% from the previous sessions volume of 11,089,700 shares.The stock last traded at $185.74 and had previously closed at $188.20. The wireless technology company reported $3.23 earnings per share for the quarter
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Endeavour Silver Q3 2022 Earnings Preview. NYSE: EXK Recommended For You Comments
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Exchange rates predicted to boost Toyota profits. Strong sales and the yens historic fall are projected to boost Toyotas profit for the recent fiscal year, with the focus shifting to whether the worlds biggest carmaker can sustain growth in the face of economic headwinds and an uncertain supply outlook. Analysts, on average, estimate that Toyota will show an operating profit of 3 trillion yen (R370 billion) for the period ended March when it reports results Wednesday
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Berenberg Bank Reiterates 37.00 Price Target for STMicroelectronics (EPA:STM). STMicroelectronics logo Berenberg Bank set a 37.00 ($37.76) target price on STMicroelectronics ( EPA:STM Get Rating ) in a report published on Friday, Borsen Zeitung reports. Several other brokerages have also weighed in on STM. Deutsche Bank Aktiengesellschaft set a 48.00 ($48.98) target price on STMicroelectronics in a research report on Monday, May 16th. JPMorgan Chase & Co. set a 48.00 ($48.98) target price on STMicroelectronics in a
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Boeing (BA) 2Q 2022 earnings fall short of estimates & More Breaking News Headlines Today. An aerial view of Boeing 777X and Boeing 737 MAX 10 airplanes parked at King County International Airport-Boeing Field, in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing on Wednesday reported revenue and an adjusted loss that fell short of analysts estimates but the aircraft manufacturer stuck with its forecast to return to free cash flow in 2022. The company is fresh from winning high-profile orders at the Farnborough Air
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SBA Communications (SBAC) Scheduled to Post Quarterly Earnings on Monday. SBA Communications (NASDAQ:SBAC) will issue its quarterly earnings data after the market closes on Monday, February 28th. Analysts expect the company to announce earnings of $2.63 per share for the quarter. Parties that are interested in registering for the companys conference call can do so using this link SBA Communications stock opened at $290.82 on Monday. The firm has a market cap of $31.86 billion
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ICICI Bank gains on reporting 58% rise in Q4 consolidated net profit. ICICI Bank is currently trading at Rs. 759.00, up by 11.65 points or 1.56% from its previous closing of Rs. 747.35 on the BSE. The scrip opened at Rs. 748.00 and has touched a high and low of Rs. 762.20 and Rs. 745.00 respectively. So far 438137 shares were traded on the counter. The BSE group A stock of face value Rs. 2 has touched a 52 week high of Rs. 859.70 on 25-Oct-2021 and a 52 week low of Rs. 567.15 on 23-Apr-2021
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Boasting A 34% Return On Equity, Is NXP Semiconductors N.V. (NASDAQ:NXPI) A Top Quality Stock?. One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. Well use ROE to examine NXP Semiconductors N.V. (NASDAQ:NXPI), by way of a worked example. Return on equity or ROE is a key measure used to assess how efficiently a companys management is utilizing the companys capital
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Caterpillar revenue beats estimates on rebound in construction demand. (Reuters) -Caterpillar Inc beat quarterly revenue estimates on Friday on sustained demand for its heavy machinery and construction equipment as global economic activity recovers from pandemic lows. The companys sales have surged over the last year as construction demand across the majority of its regions saw an unprecedented level of public spending. The impact of global supply chain disruptions triggered by the pandemic and inflationary cost
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Norwegian Cruise Line (NCLH) Reports Q2 Loss, Misses Revenue Estimates. N orwegian Cruise Line (NCLH) came out with a quarterly loss of $1.14 per share versus the Zacks Consensus Estimate of a loss of $0.82. This compares to loss of $1.93 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -39.02%. A quarter ago, it was expected that this cruise operator would post a loss of $1.73 per share when it actually produced a loss of $1.82
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Teva Pharmaceutical Industries Limited (NYSE:TEVA) Expected to Announce Quarterly Sales of $3.75 Billion. Wall Street brokerages predict that Teva Pharmaceutical Industries Limited ( NYSE:TEVA Get Rating ) will announce $3.75 billion in sales for the current quarter, according to Zacks Investment Research . Five analysts have provided estimates for Teva Pharmaceutical Industries earnings, with the lowest sales estimate coming in at $3.67 billion and the highest estimate coming in at $3.91 billion. Teva Pharmaceutical Industries reported sales of
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LendingClub Co. (NYSE:LC) Sees Significant Drop in Short Interest. LendingClub Co. ( NYSE:LC Get Rating ) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 5,380,000 shares, a decline of 16.5% from the October 15th total of 6,440,000 shares. Based on an average daily trading volume, of 1,690,000 shares, the short-interest ratio is presently 3.2 days. Wall Street Analysts Forecast Growth Several equities analysts have commented on LC
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Wells Fargo Q2 profits, revenues miss estimates. HEART FOR SALE: Woman Finds Gift She Made For Boyfriend A Decade Ago On Sale In Charity Shop This looks impossible! Wife Trying New Pool Lilo Accidentally Falls in A ghost causes havoc at a Bedfordshire pub CNN host Victor Blackwell loses it watching viral video Florida women brutally beat Steak n Shake employee following order error, deputies say Most Embarrassing Celebrity Moments
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Cowen Lowers Chipotle Mexican Grill (NYSE:CMG) Price Target to $1,950.00. CMG has been the topic of a number of other reports. OTR Global lowered Chipotle Mexican Grill to a positive rating in a report on Thursday, December 23rd. Stifel Nicolaus increased their price target on Chipotle Mexican Grill from $1,850.00 to $2,050.00 and gave the company a buy rating in a research report on Friday, October 22nd. Royal Bank of Canada decreased their price target on Chipotle Mexican Grill from $2,100.00 to $2
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McKesson Corp. Q2 Profit Increases, but misses estimates. (RTTNews) - McKesson Corp. (MCK) announced a profit for its second quarter that increased from the same period last year but missed the Street estimates. The companys earnings came in at $926 million, or $6.42 per share. This compares with $267 million, or $1.71 per share, in last years second quarter. Excluding items, McKesson Corp. reported adjusted earnings of $874 million or $6.06 per share for the period
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Fortinet, Inc. (NASDAQ:FTNT) Given Average Rating of Buy by Analysts. Fortinet logo Shares of Fortinet, Inc. (NASDAQ:FTNT Get Rating ) have been assigned an average rating of Buy from the twenty-three analysts that are covering the stock, Marketbeat.com reports. Nine equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $348.43
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AstraZenecas (AZN) Q3 Earnings Beat, EPS Growth View Up. Zacks Equity Research 7 min read In this article: AZN VRTX AstraZeneca s AZN third-quarter 2022 core earnings of 84 cents per American depositary share (ADS) beat the Zacks Consensus Estimate of 77 cents. Core earnings of $1.67 per share rose 55% year over year on a reported basis and 70% at constant exchange rates (CER). Total revenues were $10.98 million, up 11% on a reported basis and 19% at CER in the quarter
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Disney Makes Gains Against Netflix, Adds 9 Million Streaming Subscribers. Walt Disney (NYSE: DIS) entered the streaming wars in November 2019 with the launch of Disney+. The timing was incredible, since the coronavirus pandemic increased demand for in-home entertainment, and Disney+ exploded....
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Zacks: Brokerages Anticipate OraSure Technologies, Inc. (NASDAQ:OSUR) Will Post Quarterly Sales of $64.74 Million. Equities research analysts expect OraSure Technologies, Inc. ( NASDAQ:OSUR Get Rating ) to announce $64.74 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for OraSure Technologies earnings. The lowest sales estimate is $62.22 million and the highest is $68.30 million. OraSure Technologies reported sales of $58.58 million in the same quarter last year
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