Wall Street will be looking for positivity from ANIP as it approaches its next earnings report date. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.97 per share and revenue of $248 million. It is also important to note the recent changes to analyst estimates for ANIP.
The Dollar Index (DXY) found comfort near a yearly high above 97.70 today, after a raft of strong US earnings in the previous session boosted confidence over the health of the US economy. While the DXY is likely to push higher in the near term, the medium to longer term outlook remains in favour of bears. Should the report disappoint market expectations, the Dollar Index may end up surrendering this week's gains are possibly more.
AT&T Inc's first-quarter revenue fell short of Wall Street estimates on Wednesday after it lost subscribers in nearly all of its main businesses except wireless, where it paid heavily to gain customers through price promotions. AT&T lost a net 544,000 premium TV subscribers, a category that includes DirecTV satellite and U-verse television customers. Analysts had expected a loss of 385,000 customers across DirecTV and U-verse, according to research firm FactSet.
"It's all part of our strategy to fortress the markets that we operate in, which brings a lot of benefits," CEO Ritch Allison says.
Trouble is, pretty well all first-level investors are clued in to utilities' buoyancy—which is why the benchmark Utilities Select Sector SPDR ETF (XLU) has been bid up 9% in the last three months, narrowing the field for bargain hunters. The good news? I've found a low-key way to buy our “utes” at a double-digit discount—11.4% off, in fact!
If you're wondering where to protect your nest egg in retirement, look no further than the Sunshine State. Florida is the best state for retirees, unsurprisingly, while Kentucky is the worst, according to a study by WalletHub. WalletHub compiled a list of the best and worst states for retirees, using weighted metrics of affordability, quality of life, and health care.
The cryptocurrency markets buckled on Thursday evening after New York's attorney general accused the owners of a prominent exchange, Bitfinex, of using illicit transactions to mask $850 million in missing funds. According to a 23-page legal filing, Bitfinex raided the reserves of a so-called stablecoin called Tether—a digital currency purportedly backed one-to-one by U.S. dollars—in order to pay out customers demanding withdrawals from the exchange. The news caused Bitcoin to fall nearly 6% to around $5,100, and raise questions about the viability of Tether, which many investors use as a surrogate for dollars to move in and out of different cryptocurrencies.
Find out why you shouldn't invest in FANG stocks now. What Are the FANG Stocks? Here are the FANG stocks and details about their current prices, valuation and estimates: F stands for Facebook (NASDAQ:FB).
People have driven a Ford (F) truck lately. The maker of the popular F-Series line of trucks said Tuesday it gained market share and grew revenue in its pickup truck category in the first quarter. With F-Series pickups being some of the highest margin products rolling off Ford's assembly lines, it helped power profits in North America $300 million higher from a year ago.
Domino's (DPZ) reported weaker-than-expected sales in the first quarter, but posted a first-quarter profit that beat Wall Street's estimates. The pizza chain earned $2.20 per share on $835.96 million in revenue. A consensus forecast of analysts polled by Bloomberg expected earnings of $2.09 per share on $849.75 million in revenue.
For the full year, our Zacks Consensus Estimates are projecting earnings of $0.83 per share and revenue of $490.60 million, which would represent changes of +112.82% and +18.29%, respectively, from the prior year. Investors might also notice recent changes to analyst estimates for STNE. Recent revisions tend to reflect the latest near-term business trends.
And to make the task even more difficult, I'm going to find seven dividend stocks that doubled in price over the past five years and look ready to do it again over the next five. Stocks to Sell Before They Give Back 2019 Gains Here goes nothing. Domino's Pizza (DPZ) 5-Year Annualized Total Return: 29.4% Dividend Yield: 0.9% Domino's Pizza (NYSE:DPZ) is having an off year.
Intel gets crushed on earnings and weak guidance. Is a chip wreck coming? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
Wall Street wasn't too impressed with Amazon's guidance during its last earnings report. Amazon (AMZN) is scheduled to report its first quarter earnings after the bell on Thursday. Analysts expect Amazon to report $59.7 billion in sales and $4.67 earnings per share GAAP, according to Bloomberg data.
Amid this slowdown, cloud services demand has remained robust, since cloud services are seen both as the future and a way to cut costs amid slowing growth. Considering only 20% of enterprise workloads have shifted to the cloud, it's fair to say that the rally in cloud stocks is still in its early stages. Adobe is one part stable-growth business with a huge moat, and one part hyper-growth business with a rapidly expanding addressable market.
The market expects ViewRay (VRAY) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2019. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 2. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Bayer (BAYRY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
In 2019, American retirees are collecting average monthly Social Security payments of $1,461, or a mere $17,532 for the year. The fact is that health care, housing and daily expenses cost significantly less in several other countries, where you can enjoy a good standard of living. Click to see a countdown of our picks for the cheapest — and safest — countries for retiring outside the U.S. These are places where even $150,000 or less in retirement savings would be enough to live comfortably.
The market expects Fitbit (FIT) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2019. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 1. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
So today we've highlighted three stocks which have been flagged by the Zacks Rank that could be poised for further IoT growth soon. Microsoft (MSFT) Shares of Microsoft surged over 3.6% Thursday morning after the company easily surpassed both top and bottom-line estimates Wednesday. The positivity is part of a much larger 2019 run that has seen MSFT stock nearly double the S&P 500's comeback.
Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart Inc. Shares rose as much as 2 percent in after-hours trade on Thursday as Amazon said faster shipping will come to customers around the world and said its profit more than doubled in the first quarter, trouncing estimates thanks to soaring demand for its cloud and ad services. The news marks a costly challenge for competitors that will have to pour money into a logistics problem that even the king of e-commerce has yet to solve.
This change outpaced the S&P 500's 0.04% loss on the day. Heading into today, shares of the cannabis producer had gained 11.76% over the past month, outpacing the Medical sector's loss of 5.37% and the S&P 500's gain of 4.65% in that time. HEXO will be looking to display strength as it nears its next earnings release.
Qualcomm (QCOM) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2019. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 1. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Ford's stock price rose swiftly in after hours trading on heels of its 4:15 p.m. earnings announcement, rising more than 8%, to $10.21, by 5:26 p.m. This came after a 1.46% drop to $9.43 during Thursday's session. Ford is in the midst of a major restructuring. Expected to cost $11 billion over several years, Ford is shifting gears away from passenger cars towards more expensive, and profitable profitable SUVs and trucks.
Heading into today, shares of the chipmaker had gained 9.69% over the past month, outpacing the Computer and Technology sector's gain of 5.87% and the S&P 500's gain of 4.65% in that time. Wall Street will be looking for positivity from MU as it approaches its next earnings report date. In that report, analysts expect MU to post earnings of $0.85 per share.