Kosmos Energy (NYSE:KOS) is higher after the oil exploration and production company reported that for Q4, its earnings were in line while revenue topped Street forecasts. Shares are up 2.73% at $10.91, with a 52-week range of $9.71 – $12.17. KOS said Q4 net income fell to $0.01 from $0.08 a year ago, in line…
Stocks are back in rally-mode, with the S&P 500 index touching a new record high as mergers, Fed Chair Janet Yellen’s upcoming conclusion to her Humphrey-Hawkins testimony and the hope for accelerating global growth all fuel an impressive run-up in prices. Economic data today was again disappointing, but the financial markets have all but dismissed…
Endeavour Silver Corp. (NYSE:EXK) is up 1.5% in pre-market trade on Monday as it provided updated NI 43-101 silver and gold reserve and resource estimates for its three producing silver mines in Mexico (the Guanacevi Mine in Durango State and the Bolanitos and El Cubo Mines in Guanajuato State) as well as one exploration project…
Forward Air fourth-quarter EPS declined 7%, to $0.50, which fell well short of our $0.55 estimate and the $0.56 consensus. The miss was mainly due to increased costs associated with difficult weather while revenue growth remained healthy (up 16%, to $181 million) and volume growth was strong (airport-to-airport volume up 6%). We believe the weather…
Trip Advisor (TLM) reported Q413 CFPS of $0.56, ~3% lower than our estimate of $0.58 but in line with consensus of $0.56 based on a company survey of analysts. Quarterly production of 387 mboe/d was slightly lower than our estimate of 393 mboe/d and consensus of 389 mboe/d. Operating EPS of ($0.11) was lower than…
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….
