U.S. Markets close in 4 hrs 47 mins

Big Q4 Numbers & New Trade Data

Mark Vickery
A look at two stocks for your aggressive growth radar screen.

Wednesday, February 6, 2019

Manufacturing Productivity in Q4 came in light of estimates this morning: 1.3% reported versus 1.6% anticipated. However, in a measure of good news, the Trade Deficit (delayed til now due to the government shutdown) was down to $49.31 billion from the $54.3 billion expected.

In Q4 earnings news, Zacks Rank #2 (Buy)-rated General Motors GM outperformed expectations on both top and bottom lines: $1.43 per share versus $1.21 expected and $38.4 billion over $37 billion in the Zacks consensus, respectively. Earnings were down year over year by 13%, but sales in the quarter were 1.8% higher than in the year-ago quarter.

Big Pharma major GlaxoSmithKline GSK also topped estimates for both earnings and revenues in its Q4 report, with 80 cents per share beating by a dime on $10.54 billion against expectations of $9.85 billion. EPS is now expected to decline for full-year 2019, although Vaccines were up 18% in the quarter.

Healthcare giant Humana HUM also brought positive surprises to its Q4 results, with $2.65 per share outpacing the $2.53 expected on $14.17 billion improving 1.76% from estimates. Shares were up slightly in the pre-market following the quarterly release.

Take Two Interactive TTWO easily surpassed fiscal Q3 expectations with $4.05 per share well ahead of the $2.75 expected, whereas revenues $1.57 billion in sales (on video games such as Grand Theft Auto) beat estimates by 5.6%. Yet weaker-than-anticipated guidance — especially after such a big beat — have sent shares of the (formerly?) Zacks Rank #1 (Strong Buy)-rated company down 13% in early trading Wednesday.

Mark Vickery
Senior Editor

Questions or comments about this article and/or its author? Click here>>

 

Zacks' Top 10 Stocks for 2019

In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?

Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.

See Latest Stocks Today >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
GlaxoSmithKline plc (GSK) : Free Stock Analysis Report
 
General Motors Company (GM) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
 
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report