Author: John Meady

BioTech, business, Finance, Financial, misc, news

Earnings Watch: HII, WEN, RBS, IRM, KBR, NRG

Huntington Ingalls Industries (NYSE:HII) reported Q4 earnings that were well ahead of analysts’ estimates. The ship- and submarine builder said its adjusted diluted earnings rose nearly 28% to $1.66, exceeding the $1.22 average estimate from analysts polled by Capital IQ, if comparable. On a non-adjusted basis, diluted net earnings rose to $91 million from $50 million. Sales in the quarter meanwhile rose 6.2% to $1.94 … Continue reading Earnings Watch: HII, WEN, RBS, IRM, KBR, NRG

John Meady
Analysis, Earnings

Tower Semiconductor (NASDAQ:TSEM) Tops Street Forecasts; NYSE:TSL, NYSE:DE, NYSE:KSS

Specialty foundry company Tower Semiconductor Ltd. (NASDAQ:TSEM) reports non-GAAP diluted EPS of $0.34 for Q4 2013, up sequentially from $0.22 in Q3 2013. Two analysts surveyed by Capital IQ called for non-GAAP diluted EPS of $0.29. Revenue was down 2% from Q3 2013 to $134.6 million, falling short of the $140 million Capital IQ consensus. For Q1 2014, the company estimates revenues to be between … Continue reading Tower Semiconductor (NASDAQ:TSEM) Tops Street Forecasts; NYSE:TSL, NYSE:DE, NYSE:KSS

John Meady
Earnings

Morning Earnings Roundup: Delek, Assured Guaranty, American States

Energy company Delek US Holdings, Inc. (NYSE:DK) reported Wednesday night Q4 2013 net loss of $4.7 million, or $0.08 per share, compared to a net income of $64.3 million, or $1.06 per share, a year earlier. Adjusted earnings were not provided, which would have been comparable to the Capital IQ consensus of $0.11. Net sales totaled $1.9 billion, down from $2.2 billion last year, missing … Continue reading Morning Earnings Roundup: Delek, Assured Guaranty, American States

John Meady
Analysis, BioTech, business, Finance

Markets Watch: Del Frisco’s Restaurant (NASDAQ:DFRG) Hits Record High

Del Frisco’s Restaurant (NASDAQ:DFRG) reached a record high Wednesday after reporting an improved Q4 year-over-year but fell short of analysts’ expectations. The company also provided fiscal 2014 earnings guidance below Street estimates. Shares are up 0.74% at $24.44, reaching an all-time high of $25.64. The company, which owns and operates Del Frisco’s Double Eagle Steak House, Sullivan’s Steakhouse, and Del Frisco’s Grille, reported Q4 adjusted earnings … Continue reading Markets Watch: Del Frisco’s Restaurant (NASDAQ:DFRG) Hits Record High

John Meady
Analysis, Services Sector

Watchlist Movers: END, DAL, SUNE

Endeavour International Corporation (NYSE:END), an independent oil and gas company, said a valve in the Rochelle field in the U.K. that had been stuck in the “shut” position has now been opened and production is expected to re-start in the next few days. The Rochelle field came on line in October of 2013. Endeavour has a 44% working interest in the field, which is located … Continue reading Watchlist Movers: END, DAL, SUNE

John Meady
BioTech, business, Consumer Goods

Stocks Alert: PLUG, CCO.TO, CCJ, OIIM

Plug Power (NASDAQ: PLUG): Stock is up between 3.93 and a high of 4.65 in pre-bell trade. Upside momentum has been steady in the 3.93 to 4.31 area, levels where longs may want to watch for a possible near-term floor support to form. Denison Mines Corp. (NYSEMKT: DML.TO, DNN) is up 4% in pre-market trade on Wednesday as it provided an update on uranium exploration … Continue reading Stocks Alert: PLUG, CCO.TO, CCJ, OIIM

John Meady