ncreased Earnings Estimates Seen for YRC Worldwide (YRCW): Can It Move Higher?
By Zacks Equity Research 1 hour ago
YRC Worldwide Inc. (YRCW), a truck service provider, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on YRCW’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that YRC Worldwide could be a solid choice for investors.
Current Quarter Estimates for YRCW
In the past 30 days, 1 estimate has gone higher for YRC Worldwide while none moved lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of $1.56 a share 30 days ago to a loss of $1.03 today, a significant move.
Current Year Estimates for YRCW
Meanwhile, YRC Worldwide’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of $2.32 per share 30 days ago to a loss of 89 cents per share today, a significant move.
The stock has also started to move higher lately, adding 13.3% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Ran
21Vianet beats by $0.02, reports revs in-line; guides Q1 revs in-line; guides FY14 revs in-line
4:06 PM ET, 03/06/2014 - Briefing.com
Reports Q4 (Dec) earnings of $0.10 per share, $0.02 better than the Capital IQ Consensus Estimate of
$0.08; revenues rose 34.4% year/year to $90.2 mln vs the $89.35 mln consensus. Co issues in-line guidance for Q1, sees Q1 revs of $95-98 mln vs. $95.69 mln Capital IQ Consensus Estimate. Co issues in-line guidance for FY14, sees FY14 revs of $448-471 mln vs. $451.49 mln Capital IQ Consensus Estimate
Despite the significant outperformance recently, we believe Dangdang’s valuation remains attractive. The
company trades at c1.2x 2014e revenue, a discount to the 2.5x multiple for other China e-commerce stocks. Further, Dangdang trades at 10x our 2015e non-GAAP EPS, with EPS expected to more than double next year.”
Bitauto Holdings ltd (BITA) Tops Q2 EPS by 7c
5:58 AM ET, 03/06/2014 - Street Insider
Bitauto Holdings ltd (NYSE: BITA) reported Q2 EPS of $0.43, $0.07 better than the analyst estimate of $0.36. Revenue for the quarter came in at $79.9 million versus the consensus estimate of $77.6 million.
it's a great buy for any company when you are buying it at cash value
YY, Inc. (YY) Tops Q4 EPS by 14c
4:02 PM ET, 03/04/2014 - Street Insider
YY, Inc. (NASDAQ: YY) reported Q4 EPS of $0.60, $0.14 better than the analyst estimate of $0.46. Revenue for the quarter came in at $101.1 million versus the consensus estimate of $83 million.
Mr. David Xueling Li, Chief Executive Officer of YY, stated, "We're very pleased to end our first full fiscal year as a public company with a solid fourth quarter, building upon the strong momentum we saw throughout 2013. Online music and entertainment2, in particular, again outperformed our expectations, with revenues growing by 217.1% year over year. Resulting from the powerful real-time interactive and social capabilities of our unique platform, we have seen increasingly diversified and interactive online activities among our expanding base of active users, with our average monthly active users reaching 92.3 million in the fourth quarter of 2013. Through a series of engaging and diversified group entertainment events and activities, such as our 2013 Annual Entertainment Awards Ceremony, we were able to not only stimulate user engagement and spending, but also enhance user attachment to our platform. Heading into 2014, we're excited to build upon the robust foundation we have established and continue to broaden our ability to engage our users and monetize our user traffic by further penetrating into online entertainment, live broadcasting, education and other verticals. We are proud of our evolution into a large, live and sticky online entertainment platform and aim to further enable services which cater to Chinese users' dynamic and ever-changing demands."
March 3 (Reuters) - SandRidge Energy Inc :
* Global Hunter raises price target to $8 from $7
* Global Hunter raises to accumulate from neutral