Alcoa (AA) expects to generate adjusted EBITDA between $2.1 billion and $2.3 billion in fiscal 2017. Alcoa assumed aluminum prices at $1,900 per metric ton.
Alcoa (AA) released its 1Q17 earnings on April 24 after the markets (MDY) (MID-INDEX) closed. It held the conference call the same day.
Alcoa (AA) reported its 1Q17 financial results on April 24. Alcoa reported adjusted net income of $117 million in 1Q17, which translates into EPS of $0.63.
On April 21, 2017, Mondelēz International (MDLZ) was trading at a 12-month forward price-to-earnings ratio of 21.4x.
Analysts expect Mondelēz’s (MDLZ) top line to decrease 1.2% year-over-year to $6.4 billion in 1Q17.
Mondelēz International has delivered savings of $0.5 billion in indirect costs over the past three years.
Mondelēz International (MDLZ) is slated to report its 1Q17 results on May 2. Analysts expect MDLZ to report average adjusted earnings per share of $0.50 in 1Q17, representing year-over-year growth of 4.2% when compared with 1Q16.
The Novartis acquisition has improved sales for GSK’s Vaccines business, mainly driven by the sales of meningitis vaccines Bexsero in Europe and Menveo in the US and Europe.
For the European markets, GSK’s revenues are expected to grow in 1Q17, mainly due to increase in sales of wellness products like Voltaren and the Sensodyne products portfolio.
Analysts expect ~16.5% growth in GlaxoSmithKline’s (GSK) 1Q17 revenues to ~7.3 billion pounds following strong product launches, acquired products from Novartis (NVS), and improvement in the supply chain.
GlaxoSmithKline’s (GSK) Pharmaceuticals segment revenues have declined substantially in 2015 due to the divestment of its Oncology business to Novartis (NVS) in March 2015.
GlaxoSmithKline is set to release its 1Q17 earnings on April 26, 2017. Analysts estimate GSK’s earnings per share to reach 0.25 pounds for 1Q17.
AMD is expanding in the EESC segment, which comprises offerings for the data center, embedded, and game and non-game console markets.
The second quarter is generally a slow quarter for AMD’s Computing and Graphics segment, as PC sales have been falling.
Baxter International (BAX) has exceeded analysts’ earnings estimates for the last few quarters.
On April 26, 2017, Baxter International (BAX) will announce its 1Q17 earnings.
Baxter International (BAX) is set to release its 1Q17 results on April 26, 2017.
The implied volatility of BP (BP) stock currently stands at 21%. This level has risen from the 15% we saw on April 3, 2017.
BP (BP) has witnessed a 6% rise in its short interest volumes since the end of March 2017.
The institutional holdings in BP (BP) currently stand at ~13%—a level that has risen from ~11% in January 2017.