In this series, we’ll see how the strong demand environment in the SME market could impact Applied Materials’ (AMAT) fiscal 3Q17 earnings. AMAT plans to release its earnings on August 17, 2017.
NetApp (NTAP) plans to announce its fiscal 1Q18 results on August 16. Analysts expect NTAP to post revenues of ~$1.3 billion for the quarter ended July 31, 2017.
In this series, we’ll look at Wall Street analysts’ estimates for Advance Auto Parts’ 2Q17 earnings, revenue, and profit margins.
Of the 13 analysts covering Align Technology in August 2017, eight rated the company a “strong buy,” and five rated it a “buy.”
With the spin-off of its Imaging Components business, Varian Medical Systems (VAR) is now more aligned with its core capabilities. In this series, we’ll discuss the company’s dynamics after the Varex spin-off.
In the week ended August 4, 2017, the BDTI Index fell from 640 to 619. Since the beginning of the year, the index has fallen ~43.5%.
Malaysia’s trade surplus jumped to 9.9 billion Malaysian ringgit (MYR) (about $2.3 billion as of August 11, 2017) in June 2017—an 80% rise YoY.
Walt Disney (DIS) announced its fiscal 3Q17 earnings on August 8. Although Disney’s earnings beat Wall Street estimates, its revenues missed analysts’ expectations.
The largest rate-regulated utility in the country, Duke Energy (DUK), declared a quarterly dividend of $0.89 per share on July 10, 2017.
While US auto companies (IYK) have been focusing on improving their retail sales in 2017, the competition from foreign automakers is getting tougher.
Cheniere Energy (LNG) and its subsidiaries reported their 2Q17 earnings on August 8, 2017. Cheniere Energy’s revenue rose to $1.2 billion from $176.8 million in 2Q16.
IAMGOLD Corporation (IAG) reported its 2Q17 results after the market closed on August 9. The conference call to discuss the results with analysts took place the next day.
On August 9, 2017, Flotek Industries (FTK) was trading at $6.11, down ~35% since the beginning of 2017.
Plains All American Pipeline’s announcement of its need for a distribution reset—based solely on fee-based cash flows—sent jitters across the MLP sector.
Pfizer (PFE) is one of the largest pharmaceutical companies by revenue. It reported a 2% decline in revenues, to $12.89 billion in 2Q17 from $13.15 billion in 2Q16.
Amid the loud cries that US malls are dying, the 2Q17 performances of US commercial REITs show the fallacy of the idea.
Denbury Resources (DNR) announced its 2Q17 earnings on August 8. DNR’s reported profit of ~$1 million shot past analyst expectations of an ~$5 million loss.
International Flavors and Fragrances (IFF) announced its 2Q17 earnings on August 8 after markets closed. The next day, IFF management held a press conference to discuss the results.
BP aims to make its cash flows resilient to the volatile oil price environment.
With an additional weakness in the markets due to tensions in North Korea, Japan’s Nikkei Index fell on Thursday to the lowest level in more than two months.