MRC Global Inc. (MRC) reported decent results for the first quarter 2013. Earnings per share in the quarter came in at 45 cents, reflecting an improvement of one cent from the year-ago quarter. The results also exceeded the Zacks Consensus...
American Axle and Manufacturing Inc. (AXL) reported earnings of $18.6 million or 23 cents per share before debt refinancing and redemption costs in the first quarter of the year that plunged 62.3% from 61 cents per share in the comparable...
Shire’s (SHPG) first quarter 2013 earnings (excluding special items) of 1.63 as per American Depositary Share (ADS) beats the Zacks Consensus Estimate of $1.61. The reported quarter’s adjusted earnings also increased 10% from...
Machinery company, EnPro Industries, Inc. (NPO) posted dismal results for the first quarter 2013, ended Mar 31, 2013. EnPro posted adjusted earnings per share of 39 cents, plunging 39.1% year over year. Earnings also missed the Zacks...
Engine powered products manufacturer, Generac Holdings Inc. (GNRC) posted impressive results for the first quarter of 2013. Generac’s adjusted earnings per share in the quarter were $1.21, increasing 26.0% year over year. Increased...
Valeant Pharmaceuticals’ (VRX) first quarter 2013 earnings of $1.27 (excluding special items but including stock-based compensation expense) were short of the Zacks Consensus Estimate by a penny but were up from the year-ago earnings...
Headwaters Incorporated (HW) reported a loss from continuing operations of $10.3 million or 14 cents per share in the second-quarter of 2013 compared to the prior-year loss of $18.2 million or 30 cents a share. The loss per share was...
Foster Wheeler AG (FWLT ) reported earnings of $13.0 million or 12 cents per share in the first quarter of 2013 compared to $40.6 million or 38 cents per share. Earnings were 29.4% below the Zacks...
Domtar Corporation (UFS) recently raised its quarterly dividend on its common stock and on the exchangeable shares of Domtar (Canada) Paper Inc. (UFX.TO), a subsidiary of Domtar, by a stupendous 22.0% to 55 cents per share. The dividend...
Pipeline operator Magellan Midstream Partners LP (MMP) announced mixed first-quarter 2013 results, with solid contribution from the Refined Products segment.
The Tulsa, Oklahoma-based oil distributor reported earnings per unit...
Fluor Corporation (FLR) reported first-quarter 2013 earnings per share of $1.02, 6.3% higher than the Zacks Consensus Estimate of 96 cents. Quarterly earnings were up 12.1% year over year from 91 cents a share. Profits during the first...
Goldcorp Inc.’s (GG) first-quarter 2013 adjusted earnings (excluding one-time items) of 31 cents a share missed the Zacks Consensus Estimate of 40 cents and were well below 50 cents a share earned in the year-ago quarter.
Profit,...
Leading semiconductor manufacturer Microchip Technology Inc. (MCHP) reported stellar fourth quarter and full fiscal 2013 results with record revenues, driven by broad-based growth across all product lines. The company reported GAAP...
Home healthcare provider Amedisys (AMED) reported net income of $3.9 million or 9 cents per share in the first quarter of 2013, a considerable slide from net income of $8.6 million or earnings of 18 cents in the year-ago quarter....
Equity Residential’s (EQR) core funds from operations (FFO) per share in the first quarter of 2013 reached 64 cents, a penny short of the Zacks Consensus Estimate. This however, went up 3 cents from the year-ago FFO per share.
Quarterly...
American Capital Ltd. (ACAS) reported first-quarter 2013 operating income of 14 cents per share, lagging the Zacks Consensus Estimate by 14 cents. Moreover, the results compared unfavorably with the prior quarter’s earnings of 26...
Coventry Health Care Inc. (CVH) reported first-quarter 2013 operating earnings per share of $1.00, which surpassed the Zacks Consensus Estimate of 79 cents as well as the prior-year earnings of 62 cents.
Including the impact...
Brightcove Inc. (BCOV) reported a loss of 11 cents per share in the first quarter of 2013, wider than the Zacks Consensus Estimate of a loss of 9 cents. However, loss per share was narrower than a loss of 23 cents...
Independent oil and gas company SM Energy Company’s (SM) first-quarter 2013 adjusted earnings of 82 cents per share comfortably beat the Zacks Consensus Estimate of 51 cents and also increased 70.8% from the year-ago earnings of...
We expect Latin American carrier, NII Holdings Inc. (NIHD) to beat expectations when it reports its first-quarter 2013 results before the market opens on May 2, 2013.
Why a Likely Positive Surprise?
Our...
Leading telecom company AT&T Inc. (T) will unveil the Digital Life package, its home security and automation service, on May 3, in 15 cities including Los Angeles, Chicago, San Francisco and Miami. The new product includes security...
IntercontinentalExchange Inc.’s (ICE) first-quarter 2013 operating earnings of $2.03 per share comfortably surpassed the Zacks Consensus Estimate of $1.98 but were only a penny higher the year-ago quarter’s earnings. Accordingly,...
Novo Nordisk A/S (NVO) and Emisphere Technologies, Inc. (EMIS) recently announced that they have modified their agreement for the development and commercialization...
Specialty alloy maker Carpenter Technology Corp. (CRS) has landed a supply deal with Rolls-Royce, which will provide the latter with advanced technology materials used to make jet engine components.
The five-year agreement,...
Optimer Pharmaceuticals (OPTR) received encouraging news recently when the Australian regulatory body (Australian Therapeutic Goods Administration) cleared its drug Dificid (fidaxomicin). Dificid tablets were cleared for the treatment...
Pall Corporation (PLL), a leading supplier of filtration, separation and purification products, recently opened its second office in the Middle East. The new office will be located in Al Khobar, in the Kingdom of Saudi Arabia (KSA)....
We recently reverted back to a Neutral recommendation on American Public Education, Inc. (APEI) from Outperform due to weak new student starts in the fourth quarter of 2012. American Public Education carries a Zacks Rank #3 (Hold).
Why...
In order to expand its operations, Japan-based Mitsubishi UFJ Financial Group, Inc.’s (MTU) U.S.-based subsidiary – UnionBanCal Corporation – is seeking to acquire the rights to sell trust-banking services to Morgan Stanley’s...
California-based homebuilder Ryland Group Inc. (RYL) recently opened a new community named Enclave, which is located at Aloma in Winter Park, Florida. In addition, the company declared its quarterly dividend.
The Enclave, comprising...
CACI International Inc. (CACI) recently announced that it has been awarded a Development, Modernization, and Enhancement (DME) contract worth $54 million for upgrading mission critical systems for the U.S. Department of State’s...