News 

Agilent shares rise more than 4% after company reports sales, EPS above forecast

“A, -0.40% rose more than 4% late Tuesday after the Santa Clara, Calif., company beat fiscal third-quarter earnings and sales expectations” writes Claudia Assis for marketwatch.com. Adjusted for one-time items, the company earned 59 cents a share, compared with 49 cents a year ago.Analysts polled by FactSet had expected adjusted earnings of 52 cents a share on sales of $1.09 billion in the quarter. Source: marketwatch.com Share This:

Read More
News 

Alibaba earnings: Expect a boost from better spending trends in China

“Earnings: Analysts surveyed by FactSet expect Alibaba to report earnings per share of 93 cents, up from 71 cents in the year-earlier period” writes Caitlin Huston for marketwatch.com. E-commerce site Alibaba Group Holding Ltd. is expected to benefit from improved spending trends in China when it reports first-quarter earnings before the market opens Thursday.Alibaba beat revenue expectations for the previous two quarters, but missed expectations in the September 2016 quarter.However, MKM analysts believe that the company’s strong earnings will be able to offset those expenses.MKM Partners predict that this macro…

Read More
Markets News 

A Market Conundrum: Investors Shrug Off Solid Earnings

“Corporate earnings season is winding down and so far the results have been solid” writes Chris Dieterich for wsj.com. But the second quarter has failed to impress investors.Shares of S&P 500 companies that beat analysts’ earnings forecasts averaged a 0.3% decline over the two days before and the two days after the results, according to FactSet. Source: wsj.com Share This:

Read More
News 

Home Depot beats across the board and raises its outlook

“(Reuters) – Home Depot Inc reported higher-than-expected quarterly profit and comparable sales on Tuesday, and also raised its full-year sales and profit forecast” writes Sruthi Ramakrishnan for businessinsider.com. It had previously forecast sales to grow 4.6 percent, comparable sales to rise 4.6 percent and earnings of $7.15 per share.The company on Tuesday said it now expects full-year sales to grow 5.3 percent, comparable sales to rise 5.5 percent and earnings of $7.29 per share for the year ending January. Source: businessinsider.com Share This:

Read More
News 

Palo Alto Networks, Twitter show the good and bad of fat stock-based pay for bosses

“One might argue that stock-based compensation is worthwhile if a company needs it to attract top talent while growing rapidly” writes Investing Columnist for marketwatch.com. Also see: Here’s how investors are duped each earnings season Many companies adjust their bottom line results to exclude stock-based compensation to employees.Since Twitter was losing money, we looked at the company’s stock-based compensation as a percentage of sales.If you own shares in a company, it’s possible your stake is being reduced because of fat stock-based compensation packages — and you have almost no say…

Read More
News 

Home Depot raises yearly sales, earnings forecasts

“The company in May had raised its yearly per-share earnings growth forecast to 11%, to $7.15” writes Markets Reporter for marketwatch.com. It also projected a 13% rise in fiscal 2017 per-share earnings growth, to $7.29.HD, -0.40% on Tuesday raised its forecasts for full-year earnings and sales after quarterly profit and revenue came in above Wall Street’s expectations.Analysts polled by FactSet had expected earnings of $2.21 on sales of $27.83 billion. Source: marketwatch.com Share This:

Read More
News Stocks 

Bet on TJX, these other retail stocks into earnings: Options trader

“With this in mind, MKM Partners gave its best short-term earnings trade ideas in a note to clients Monday” writes Clark Afp for cnbc.com. MKM retail analyst Roxanne Meyer “thinks off-price retailing remains one of the few growth segments within the sector,” wrote derivatives strategist Jim Strugger.Earnings season can be one of the most volatile times for short-term traders and this one will be no exception with many retail stocks set to report over the next two weeks. Here are three companies the team recommends and the specific options trade…

Read More
News 

Cisco earnings: Did Trump slump continue?

“Earnings: Analysts on average expect Cisco to report adjusted earnings of 61 cents a share, according to FactSet, after the company projected non-GAAP earnings in a range of 60 cents to 62 cents a share” writes Jeremy C for marketwatch.com. Cisco reported adjusted earnings of 63 cents a share in the year-ago quarter.Cisco Systems Inc. stock plunged after last quarter’s results, when the company blamed uncertainty during the federal government’s transition to President Donald Trump for a weak forecast. Source: marketwatch.com Share This:

Read More
News 

Wal-Mart earnings: Some analysts say traffic has fallen, others say it has grown

“Still, in a head-to-head, Cowen analysts prefer Wal-Mart to Target Corp” writes Tonya Garcia for marketwatch.com. Wal-Mart Stores Inc. is expected to report second-quarter earnings on Thursday before the market opens.See also: Retail sales expected to show rare glimmer in July after devastating run Here are some things to watch for: Earnings: Wal-Mart is expected to report earnings of $1.07, in line with last year’s result.Wal-Mart has an average overweight rating, and average price target of $82.33, according to 32 analysts polled by FactSet. Source: marketwatch.com Share This:

Read More