Wall Street expects a year-over-year decline in earnings on higher revenues when Glaukos (GKOS) reports results for the quarter ended December 2018. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 27. 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.
They are slowly plowing their way across thousands of miles of ocean toward America's Gulf of Mexico coastline. As they do, twelve empty supertankers are also revealing a few truths about today's global oil market. In normal times, the vessels would be filled with heavy, high sulfur Middle East oil for delivery to refineries in places like Houston or New Orleans.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 27. 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. This specialty chemicals maker is expected to post quarterly earnings of $0.30 per share in its upcoming report, which represents a year-over-year change of +3.5%.
Hormel Foods Corp. was down nearly 1% in premarket trading after the company announced fiscal first-quarter earnings matches analysts' estimates but revenue missed. The owner of brands like Spam and Skippy posted per-share earnings of 44 cents a hare, matching the FactSet consensus of analysts.
CVS Health Corporation (CVS) stock fell more than 7% following Wednesday's pre-market earnings release after the company beat fourth quarter profit and revenue estimates by small margins. Aggressive sellers hit the bid after the health care giant sharply lowered fiscal year 2019 earnings per share (EPS) guidance, most likely due to operating challenges generated by the recent Aetna acquisition. The company completed the $70 billion acquisition in November 2018, and it's likely to take months or years before synergies at the combined operation can be fully exploited.
Overview of Silver-Certificate Dollar Bill A silver certificate dollar bill is a former circulation of paper currency that allowed for the direct exchange of silver. This representative money allowed for the redemption of silver coins or raw bullion equal to the certificate's face value. The certificate was used to back U.S. paper currency systems during the 1800s and 1900s.
Masimo Corporation MASI recently announced a collaboration with the Saudi Arabia Ministry of Health (“MOH”) to implement a solution designed to streamline the process of critical congenital heart disease (“CCHD”) screening of newborns, using Masimo SET. Notably, Saudi Arabia commenced a mandatory CCHD screening program for all newborns, using the Masimo Eve Newborn Screening Application on the Radical-7 Pulse CO-Oximeters in 2016. In 2018, Eve on Rad-97 Pulse CO-Oximeters was added to the program.
gained in premarket trading Thursday after the company reported fourth-quarter earnings that surpassed analysts' expectations thanks to steady gold and copper production and lower operational costs. The company reported adjusted earnings of $214 million, or 40 cents a share, for its fourth quarter, compared to $206 million, or 38 cents a share, in the year-earlier period. Attributable gold production, a measure of the company's actual gold-mining efforts, was 1.44 million ounces, an increase of 8% from the prior year quarter.
CNBC's Bob Pisani talks leveraged and inverse ETFs with Sylvia Jablonski of Direxion Investments.
Campbell Soup Company CPB is slated to release second-quarter fiscal 2019 results on Feb 27. The company's earnings have surpassed the Zacks Consensus Estimate in three of the trailing four quarters, the average being 13.7%. Let's see what's in store for this branded convenience food products company this time around.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Cincinnati Financial, as there has been strong agreement among the covering analysts in raising estimates.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. The energy services company posted revenue of $511.8 million in the period.
Eros International PLC EROS on Thursday reported fiscal third-quarter earnings of $9.6 million. The Secaucus, New Jersey-based company said it had net income of 13 cents per share. The Indian film producer posted revenue of $76.7 million in the period.
Investors focused on the Computer and Technology space have likely heard of Digital Turbine (APPS), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of APPS and the rest of the Computer and Technology group's stocks. Digital Turbine is one of 645 companies in the Computer and Technology group.
The move clears UnitedHealth (NYSE: UNH) to compete for more business in Minnesota, including a managed-care contract with the state that cover lower-income residents. UnitedHealth has until recently been restricted in what kind of business it can do in Minnesota. State law had required HMOs to be managed by nonprofits, but Minnesota's Legislature did away with that rule in 2017, and for-profit insurers like UnitedHealth have been preparing to expand their Minnesota presence since then.
The company's impressive performance in first-quarter fiscal 2019 and consistent focus on Research and Development (R&D) are working in favor of the stock. In a year's time, this Zacks Rank #1 (Strong Buy) stock has skyrocketed 106.9% compared with the industry's 5.9% growth. The current level is also significantly higher than the S&P 500's 1.6% increase.
Lululemon (LULU) closed the most recent trading day at $148.12, moving +0.37% from the previous trading session. Meanwhile, our latest consensus estimate is calling for revenue of $1.15 billion, up 23.7% from the prior-year quarter. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Cornerstone Macro's Carter Worth on where to find gains. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Karen Finerman and Guy Adami.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. The communications technology company posted revenue of $1.79 billion in the period.
First Solar, Inc. (FSLR) stock has mounted the 200-day exponential moving average (EMA) for the first time in nearly nine months, signaling a new uptrend that could eventually test stubborn five-year range resistance in the mid-$70s. The Invesco Solar ETF (TAN) has perked up as well, shaking off headwinds generated by 30% solar import tariffs that have undermined local companies that depend on cheaper overseas panels. First Solar is due to report fourth quarter earnings following Thursday's closing bell.
Universal Forest Products (UFPI) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.55 per share. This quarterly report represents an earnings surprise of -7.27%. Universal Forest, which belongs to the Zacks Building Products - Wood industry, posted revenues of $988.18 million for the quarter ended December 2018, missing the Zacks Consensus Estimate by 2.53%.
Marcus Corp. MCS) on Thursday reported fourth-quarter net income of $8.7 million. On a per-share basis, the Milwaukee-based company said it had net income of 30 cents.
After performing impressively in 2018, despite severe stock market volatility, the wireless infrastructure developers industry is set to rally again in 2019. In fact, the wireless infrastructure developer industry gained nearly 13% in 2018, while the benchmark S&P 500 ended in the red. The next-generation 5G Network will be a major driver for wireless operators going forward, which in turn will aid immensely the wireless infrastructure developers.
Coeur Mining (CDE) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.12 per share. This quarterly report represents an earnings surprise of 166.67%. Coeur Mining, which belongs to the Zacks Mining - Non Ferrous industry, posted revenues of $143.80 million for the quarter ended December 2018, missing the Zacks Consensus Estimate by 5.93%.
Diamondback Energy Inc. FANG) on Tuesday reported fourth-quarter profit of $306.7 million. The Midland, Texas-based company said it had profit of $2.50 per share.