Lululemon Athletica continued its positive run in the last two quarters with strong 3Q17 results.
Lululemon Athletica (LULU) reported 3Q results on December 6. The company recorded a 13.7% YoY (year-over-year) increase in its top line to $619 million.
Lululemon Athletica (LULU) reported 3Q17 results on December 6, 2017. The company reported better-than-expected top-line and bottom-line numbers.
By focusing on cutting-edge technologies, chipmaker NVIDIA (NVDA) has grown to become one of the world’s leading semiconductor companies. With its GPUs (graphics processing units), the company has developed platforms…
Chinese e-commerce king Alibaba (BABA) once again posted spectacular quarterly results, with its earnings and revenue exceeding estimates and growing YoY (year-over-year). Alibaba posted fiscal 2Q18 (ended September 2017) net…
On December 1, 2017, JPMorgan Chase reduced the target price for Tsakos Energy Navigation to $6 from $7.
Tsakos Energy Navigation’s (TNP) operating cash flow for 3Q17 was $28.6 million—compared to $58.4 million in the previous quarter.
Currently, Tsakos Energy Navigation has 51 vessels on a time charter contract out of its 65 vessels. The current time charter tenure is 2.5 years.
Tsakos Energy Navigation’s (TNP) vessel operating expenses in 3Q17 rose to $43.3 million—compared to $36.4 million in 3Q16.
Tsakos Energy Navigation’s 3Q17 net revenues fell YoY (year-over-year) and from the previous quarter. In 3Q17, its net revenues were $96.9 million.
Tsakos Energy Navigation (TNP) reported 3Q17 revenue of $124.2 million, which was 13.8% or $22.5 million higher than analysts’ estimates.
Of the 21 analysts tracking RH stock, 23.8% recommend a “buy,” while 71.4% recommend a “hold,” and 4.8% recommend a “sell.”
RH’s strong 3Q17 earnings and optimistic 2018 guidance appear to have increased investor confidence, leading to a rise in its valuation multiple.
In 3Q17, RH has posted diluted EPS of $0.56. However, after adjusting for one-time events, its adjusted EPS were in line with the analysts’ estimate.
For 3Q17, RH (RH) posted a gross margin, EBITDA margin, and net margin of 36.2%, 11.2%, and 4.1%, respectively.
For the next four quarters, analysts are expecting RH (RH) to report revenues of $2.57 billion, which would be 8.9% higher YoY.
RH (RH) earns its revenues both from direct sales and store sales. By the end of 3Q17, the company operated 84 stores, compared with 85 at the end of 3Q16.
RH, previously known as Restoration Hardware, on December 5, 2017, reported adjusted EPS (earnings per share) of $1.04 on revenues of $592.5 million.
Whiting Petroleum’s (WLL) earnings have improved overall since last year. The company’s 3Q17 earnings were higher YoY as well as on a sequential basis.
Broadcom also gave an upbeat guidance for its fiscal 1Q18. It expects to generate revenue in the range of $5.22 billion–$5.37 billion in fiscal 1Q18.