Costco Wholesale (COST) reported stronger-than-expected fiscal 1Q18 results, surpassing analysts’ expectations for both sales and EPS (earnings per share).
Yelp continued to add to its cash holdings in 3Q17, exiting the quarter with an even stronger balance sheet, which could support investments in more growth.
Yelp continued to operate profitably in 3Q17. The company posted a net profit of $8.0 million that quarter, indicating 300% YoY (year-over-year) rise.
Yelp’s (YELP) costs and expenses, including costs of revenue, came to $215.6 million in 3Q17, indicating a 17% YoY (year-over-year) rise.
Yelp (YELP) has generated investor returns of -7.8% in the trailing-one-month period and 17.8% in the trailing-12-month period.
Yelp (YELP) closed 3Q17 with 155 million paying advertising accounts, up from 148 million in 2Q17 and 132 million in 3Q16.
Nearly 90% of Yelp’s (YELP) revenues in 3Q17 came from advertising, making it another Internet player that relies heavily on advertising sales.
Yelp recorded growth across all its three of its revenue segments in 3Q17. Advertising, its largest revenue segment, recorded revenue growth of 18% YoY.
The Prepared Food and Fountain segment accounted for 12% of Casey’s (CASY) 2Q18 sales. It recorded a 5.5% YoY increase during the quarter.
The Grocery and Merchandise segment is Casey’s (CASY) second-largest revenue segment. It accounted for 27% of the company’s 2Q18 sales.
Casey’s recorded an impressive 17% YoY increase in total fuel sales during the quarter. Same-store gallons sold rose 1.9% and met the annual goal.
Casey’s total sales rose 12% YoY (year-over-year) to $2.15 billion. However, it missed consensus expectations of a 13.5% rise in sales to $2.18 billion.
Casey’s reported its financial results for 2Q18 after the market closed on December 11. The results relate to the three-month period ending on October 31.
FedEx (FDX) seems to be banking on the e-commerce boom in the United States and around the globe.
Of the 29 analysts covering FedEx (FDX), eight (27.6%) have recommended a “strong buy” for the stock.
Analysts polled by Thomson Reuters expect adjusted EPS (earning per share) of $2.89 in fiscal 2Q18 for FedEx (FDX).
In its presentation on October 26, 2017, FedEx (FDX) outlined its long-term financial goals. It aims to increase its yearly EPS by 10%–15%.
In fiscal 2018, FedEx (FDX) anticipates spending $5.9 billion on capital investments. In the previous fiscal year, it incurred $5.1 billion in capex.
Analysts polled by Thomson Reuters estimate that FedEx (FDX) will report an operating margin of 8.4% in fiscal 2Q18.
Analysts surveyed by Thomson Reuters estimate that FedEx (FDX) will have revenues of $15.6 billion in fiscal 2Q18. Its revenues were $14.9 billion in fiscal 2Q17.