Market Watch

Perry Ellis Fiscal Q2 Results Top Estimates

Perry Ellis Fiscal Q2 Results Top Estimates

August 24, 2017 at 10:54 am 0 comments

Perry Ellis International, an apparel company, reported Thursday fiscal Q2 adjusted net profit of $0.16 per share, up from $0.15 per share in the prior year period and came in higher than the $0.11 per share Street estimate provided by Capital IQ. Total revenues for the quarter ended July 29 were $207 million, up from $202 million reported for theRead More

Pacira Pharmaceuticals Upgraded by Janney

Pacira Pharmaceuticals Upgraded by Janney

August 21, 2017 at 11:58 am 0 comments

Pacira Pharmaceuticals received an investment-rating upgrade Monday to neutral from sell from Janney Montgomery Scott as the firm noted a nearly 30% decline in the pharmaceutical company’s stock over the past month has brought it near the firm’s fair-value estimate of $36 each. Janney said its sell rating on the stock had been based on the belief it was “wayRead More

Rada Electronics Industries Awarded Contract

Rada Electronics Industries Awarded Contract

August 16, 2017 at 10:26 am 0 comments

Rada Electronics Industries said it has received a strategic first order for dozens of Multi-Mission Hemispheric Radars (MHR) for more than $8 million. The radars will be used by the U.S. military, providing it with air surveillance with emphasis on counter-unmanned aerial vehicles (UAV). The radars are expected to be fielded for operational use soon after delivery, which will takeRead More

Eversource Energy Gets Positive Regulatory Decision on Project

Eversource Energy Gets Positive Regulatory Decision on Project

August 11, 2017 at 12:20 pm 0 comments

Eversource Energy said the U.S. Department of Energy has issued the final environmental Impact statement for the Northern Pass hydroelectric transmission project. The company said the DoE concluded that the proposed Northern Pass route is the “preferred alternative,” that the project provides substantial benefits, and that it will result in only minimal impact, Eversource said. Eversources said it expects toRead More

Zoetis Meets Q2 Street Views on EPS and Revenues

Zoetis Meets Q2 Street Views on EPS and Revenues

August 8, 2017 at 12:03 pm 0 comments

Zoetis, a purveyor of medicines for animals, Tuesday reported Q2 earnings and revenues in line with Street views. Zoetis reported Q2 adjusted EPS of $0.53, in line with Street views as compiled by Capital IQ, and above the $0.49 reported a year earlier. The company reported revenues of $1.27 billion, also in line with Street views, and above the $1.21Read More

Dana Tops Estimates On EPS and Revenues

Dana Tops Estimates On EPS and Revenues

July 31, 2017 at 11:41 am 0 comments

Dana, a service provider for vehicles and machinery, reported Q2 adjusted earnings of $0.68, up from $0.53 in the same period a year ago and topping the estimate of $0.52 from analysts polled by CapIQ. Total revenues of $1.84 billion were up from $1.55 billion in the same period a year ago and exceeded the Street projection of $1.67 billion.Read More

Bloomin’ Brands Q2 EPS Meets Views on Shy Revenues

Bloomin’ Brands Q2 EPS Meets Views on Shy Revenues

July 26, 2017 at 12:53 pm 0 comments

Bloomin’ Brands reported Wednesday financial results for Q2, with earnings that matched analysts’ expectations on lower revenues that just missed forecasts; it also reaffirmed its guidance for fiscal 2017 in line with forecasts. For the quarter ended June 25, the owner and operator of casual, upscale casual and fine dining restaurants posted adjusted earnings of $0.28 per share, compared withRead More