On February 11, the base metals showed mixed performance. LME copper, aluminum, and lead gained, but nickel, zinc, and tin declined to lower price levels.
In 4Q15, PBF’s revenues missed Wall Street analyst estimates by 11%. Its 4Q15 adjusted EPS stood at $0.7, around 7% higher than the estimated EPS of $0.66.
In 4Q15, Regeneron Pharmaceuticals’ EPS stood at $2.83, whereas the analyst expectation was $3.37, which represents a 16.1% miss.
With an operating loss per share of $1.10, AIG missed Wall Street analysts’ loss per share estimates of $0.91.
Michigan’s largest utility company DTE Energy posted its 4Q15 earnings on February 10, 2016. DTE reported quarterly operating earnings of $1.01 per share.
The fundamental factors affecting stock prices and valuation include the performance of growth platforms as well as the exclusivity of blockbuster drugs.
Genesis Energy (GEL) is expected to release its 4Q15 earnings on February 18, 2016.
On February 11, 2016, the S&P Consumer Discretionary slightly outperformed the S&P Consumer Staples and the S&P 500 as a whole. The indexes had returns of -0.08%, -0.81%, and -1.2%, respectively.
On February 11, Activision (ATVI) announced its 4Q15 results and reported GAAP net revenues of $1.4 billion compared to $1.6 billion in 4Q14.
Expedia (EXPE) released its 4Q15 results on February 10, 2016. The company reported mixed results and missed analysts’ consensus estimates.
Analysts expect Duke Energy to earn $0.90 per share in 4Q15 compared to $0.86 per share in 4Q14. Management narrowed 2015 guidance to $4.55–$4.65 per share.
Centene posted its 4Q15 and 2015 earnings on February 09 and reported diluted operating EPS attributable to common shareholders of about $2.89 for 2015.
With Jack in the Box’s 1Q16 results around the corner, this pre-earnings series will look at what to expect of the earnings release.
CF Industries (CF) is set to release its 4Q15 earnings on February 17, after the market closes. Year-to-date, CF Industries is down 28.8%.
On February 10, 2016, Time Warner (TWX) reported its 4Q15 and fiscal 2015 earnings. The company reported revenues of $7.1 billion in 4Q15, a decline of 6% year-over-year.
Social media company Twitter released its financials for 4Q15 on February 10, 2016. The market reaction was dicey after the company made its disclosure.
VF Corporation is slated to declare its 4Q15 earnings on February 19, 2016. Wall Street analysts’ consensus estimates project revenue of $3.6 billion in 4Q15.
On Thursday, February 11, gold futures for April delivery surged almost 4.5% to yield the highest single-day gain since 2009. Gold touched the day’s high of $1,263.90 per ounce and closed a little lower at $1,247.80 per ounce.
On February 9, 2016, Genesee & Wyoming (GWR) reported its 4Q15 and fiscal 2015 financial results. GWR surprised Wall Street with reported adjusted EPS of $0.85.
March natural gas futures contracts trading on NYMEX fell 2.9% and settled at $1.99 per MMBtu on Thursday, February 11.