In 1Q17, Dr Pepper Snapple delivered sales of $1.5 billion, missing the consensus analysts’ sales estimate of $1.6 billion.
In this series, we’ll explore the latest data from the Leading Economic Index, one of three composite business cycle indicators released by The Conference Board.
DOW announced its 1Q17 earnings on April 27, 2017. Since then, the stock has gained 4.7% and has outperformed the broad-based SPDR S&P 500 ETF (SPY).
Novartis (NVS) released its 2Q17 earnings on July 18, 2017. It reported flat revenues at constant exchange rates compared to 2Q16.
Weakness in banking stocks continued last week with more banks posting mixed results. The S&P Financial Sector Index fell 0.3%.
On July 20, 2017, Sears Holdings (SHLD) announced that it would start selling its Kenmore-branded appliances through Amazon.com (AMZN).
In a Reuters survey of 16 brokerage firms, 15 of the firms rated Thermo Fisher Scientific a “buy.”
The S&P 500 started the week ending July 21 on a stable note by trading at all-time high price levels on Monday.
Exelon Corporation, the biggest hybrid utility by market cap in the United States, will report its 2Q17 results on August 2, 2017.
In 2016, the global bond market offered low-to-negative yields with minimal returns from government bonds as well.
For 2Q17, analysts estimate that Eli Lilly will post EPS of $1.05 and revenues of $5.6 billion.
Procter & Gamble (PG) plans to announce its fiscal 4Q17 sales and earnings results on Thursday, July 27, 2017.
Fiat Chrysler (FCAU) is expected to release its 2Q17 earnings report on July 27. In this series, we’ll see what Wall Street analysts have to say before Fiat Chrysler releases its 2Q17 earnings.
Baxter International (BAX) plans to release its 2Q17 results on July 26. In a Reuters survey of 17 brokerage firms, seven firms rated BAX as a “buy,” nine firms rated it as a “hold,” and one analyst rated it a “sell.”
Market analysts expect that Carlyle Group (CG) could post earnings per share of $0.45 in 2Q17, reflecting a significant decline of 58.7% from its 1Q17 EPS.
EnLink Midstream Partners (ENLK) and its GP (general partner), EnLink Midstream (ENLC), are scheduled to release their 2Q17 earnings on August 1, 2017.
Analysts expect PSA to report adjusted FFO (funds from operation) of $2.40, compared with $2.54 in 2Q16.
For the US, overall freight volumes including intermodal rose 3.8% to 540,000 units last week, up from 520,000 units in the week ended July 16, 2016.
With Apple (AAPL) announcing its entry in the peer-to-peer payment market and PayPal (PYPL) stepping up its pursuit of merchant customers, it seems that the competition could suffocate Square (SQ).
Prologis (PLD) reported core funds from operation (or FFO) of $0.84 per share in 2Q17, which surpassed Wall Street’s estimates of $0.77 by a remarkable 9.1%.