Category: Services Sector

Services Sector

Services Sector Gainers: Empire Resorts Inc, Command Security Corporation, Chegg Inc and Hastings Entertainment

EPR Properties and partner Empire Resorts, Inc. (NASDAQ:NYNY) unveiled its new $750-million Adelaar four-season destination casino resort to be built at the site of the former Concord Resort. Empire Resorts Inc. (NASDAQ:NYNY) stock performance was 6.79% in last session and finished the day at $7.23. Traded volume was 206,422.00 shares in the last session and the average volume of the stock remained 133,662.00 shares. The … Continue reading Services Sector Gainers: Empire Resorts Inc, Command Security Corporation, Chegg Inc and Hastings Entertainment

Colin Pettis
Services Sector, Software

ING Beats Street Estimates Across the Board

This morning, ING Inc (VOYA) reported operating EPS from the ongoing business of $0.75, better than our $0.71 estimate and the consensus of $0.69. After stripping out DAC unlocks and better NII from some Lehman recoveries, we believe the company defines core of $0.68, in line with our expectation for core earnings for the quarter. The core beat vs. our expectations was driven by better … Continue reading ING Beats Street Estimates Across the Board

Jason Knox
Services Sector, Software, Tech IPO

InterActiveCorp Set to Report After the Bell

InterActiveCorp is set to report 3Q13 results today after the close. While we believe it is generally understood that 3Q is expected to be a trough for the affiliate search market, reflecting the timing of implementation of certain Google policy changes, soft CPC results and limited Network revenue growth could indicate incremental pressure on IAC’s 3Q Search results. As an offset, however, Match growth is … Continue reading InterActiveCorp Set to Report After the Bell

Chris Lewis
Consumer Goods, Finance, Financial, Popular, Services Sector

HDFC Exceeds Consensus Estimates in Fiscal First Half

HDFC Bank’s first-half 2014 earnings were up 29% on the prior comparable period, with pretax, pre-provision earnings up 27%. These results exceeded expectations, with growth in provisions and operating expenses (up 4% and 17%, respectively) significantly trailing the 22% growth in net revenues. However, this divergence between income and cost growth is not unusual given that loan loss provisions typically lag loan origination by around … Continue reading HDFC Exceeds Consensus Estimates in Fiscal First Half

Jayne CrismanLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Popular, Services Sector

ResMed Sees Impressive Growth in Q3

ResMed delivered another impressive performance in the third quarter of fiscal 2013. Revenue rose 10% to USD 384 million, operating income increased 26% to USD 96.1 million and net income was 31% higher at USD 84.9 million. Diluted earnings per share rose 32% to USD 0.58 and over the nine months to 31 March 2013 are 36% higher than in the corresponding nine months in … Continue reading ResMed Sees Impressive Growth in Q3

John MeadyLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Services Sector

PNC Poised For Strong Third Quarter

PNC Financial Services Group reported net income of $1.1 billion, or $1.99 per diluted share, for second quarter 2013 compared with $1.0 billion or $1.76 per diluted share for first quarter 2013. There were some one-time items, including securities gains ($61 million), gains on sale of Visa V stock ($83 million), and lower loss provision due to the better than expected improvement in commercial credit … Continue reading PNC Poised For Strong Third Quarter

Adam KeintzelLeave a comment