Market Insights

Lannett Co Rallies 11% – Q3 Adj EPS Meets

Lannett Co Rallies 11% – Q3 Adj EPS Meets

May 11, 2018 at 9:27 pm

Lannett Co Inc (LCI) jumped 11% after the company said Q3 ended March 31 sales rose to $174.4 million from $165.7 million in the year-ago period but missed the CapIQ mean for $176.5 million. Adjusted EPS rose to $0.80 from $0.77 last year and matched expectations. EPS fell to $0.33 from $0.40 a year ago and missed forecasts for $0.60.Read More

Paddy Power Betfair Says Revenue Fell in First Quarter

Paddy Power Betfair Says Revenue Fell in First Quarter

May 4, 2018 at 1:37 pm

Paddy Power Betfair (PPB.L), a bookmaker and betting group, reported Wednesday that revenue declined in the first quarter along with operating earnings because of new betting taxes, levies and start-up losses in the US. Reported sales fell to 408 million pounds ($561.5 million) during the three months that ended March 31, from 416 million pounds a year ago, the companyRead More

Wyndham Worldwide Corp Beats Q1 Adj. EPS Estimates

Wyndham Worldwide Corp Beats Q1 Adj. EPS Estimates

May 4, 2018 at 1:36 pm

Wyndham Worldwide Corp (WYN) reported Q1 adjusted EPS of $1.33, versus $1.01 last year. This beat the $1.30 Street view. Revenue for the quarter came in at $1.19 billion, versus $1.15 billion last year. This fell short of the $1.26 billion analyst consensus. The company is guiding for 2018 revenue in a range of $5.195 billion to $5.335 billion, whichRead More

Energizer Holdings Reports Fiscal Q2 EPS Beat

Energizer Holdings Reports Fiscal Q2 EPS Beat

May 4, 2018 at 1:35 pm

Energizer Holdings (ENR) reported financial results for fiscal Q2, with better-than-expected earnings and revenue that matched analysts’ forecasts; it also provided guidance for fiscal 2018 EPS in line with estimates. The manufacturer of household batteries, specialty batteries, and lighting products posted adjusted earnings of $0.45 per share, compared with the prior-year period’s $0.50 per share. Analysts polled by Capital IQRead More

Garmin Q1 Results Beat Street Forecasts

Garmin Q1 Results Beat Street Forecasts

May 4, 2018 at 1:34 pm

Garmin (GRMN) shares were up 1.6% in recent pre-market trade Wednesday after the GPS technology company reported Q1 earnings per share of $0.68, up from $0.52 in the year-ago quarter, and handily beating the Capital IQ consensus forecast of $0.57. Revenue for the quarter was $710.9 million, up from $641.5 million during the same period last year, and surpassing theRead More

Zoetis Reports Q1 Beat

Zoetis Reports Q1 Beat

May 4, 2018 at 1:33 pm

Zoetis (ZTS) reported Wednesday financial results for Q1, with earnings and revenue that topped analysts’ expectations; it also provided guidance for fiscal 2018 in line with forecasts. The animal health company posted adjusted earnings of $0.75 per share, compared with the prior-year period’s $0.53 per share. Analysts polled by Capital IQ were expecting EPS of $0.69. Revenue was $1.37 billion,Read More

Juniper Networks’ Price Target From BMO Lifted to $30 From $29

Juniper Networks’ Price Target From BMO Lifted to $30 From $29

May 4, 2018 at 1:32 pm

Juniper Networks (JNPR) received a slight increase to its price target late Tuesday from BMO Capital Markets after the networking-technology company reported Q1 adjusted earnings per share and revenue above analysts’ expectations while forecasting Q2 results near the Street’s consensus estimates. The new price target from BMO is $30 per share, up from $29. This moves the target further aboveRead More