Earnings Roundup: ANSYS (NASDAQ:ANSS), (NASDAQ:ACIW), (NYSE:BBY)
ANSYS (NASDAQ:ANSS) reported Q4 revenue of $236.7 million, about in line with the analyst consensus of $237 million on Capital IQ. EPS was $0.96, a dime better than the Street view. For Q1, the company guided for revenue of $212 to $220 million and EPS of $0.73 to $0.76, vs. Street estimates of $217 million in revenue and earnings of $0.76 per share. For FY … Continue reading Earnings Roundup: ANSYS (NASDAQ:ANSS), (NASDAQ:ACIW), (NYSE:BBY)
Earnings Watch: Kodiak Oil & Gas Corp. (NYSE:KOG), KBR, Inc. (NYSE:KBR)
Kodiak Oil & Gas Corp. (NYSE:KOG) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in KOG indicates that the price change in the extended hours is likely to be of limited value in forecasting … Continue reading Earnings Watch: Kodiak Oil & Gas Corp. (NYSE:KOG), KBR, Inc. (NYSE:KBR)
Stocks on Watch: Pall Corp (NYSE:PLL), Medivation, Inc. (NASDAQ:MDVN)
Pall Corp. (NYSE: PLL) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in PLL indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price … Continue reading Stocks on Watch: Pall Corp (NYSE:PLL), Medivation, Inc. (NASDAQ:MDVN)
Astec Industries, Inc. (NASDAQ:ASTE) Has Strong Domestic Backlog Exiting 2013
Astec Industries (NASDAQ:ASTE) delivered a surprisingly solid quarter, after having missed the last six out of seven quarters. Shares were range-bound in the $30s through all of 2013 because of choppy quarters and end-markets. While we believe that uncertainty persists, particularly in mining and government highway funding, wood pellet plants could become an incremental driver of profitability to the base business. The company’s earnings beat … Continue reading Astec Industries, Inc. (NASDAQ:ASTE) Has Strong Domestic Backlog Exiting 2013
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
Stocks on the Move: Cardica (NASDAQ:CRDC), Salix Pharmaceutical (NASDAQ:SLXP), Chico’s FAS (NYSE:CHS), Dynegy (NYSE:DYN)
Shares of Cardica (NASDAQ:CRDC) climbed in Thursday’s pre-market session, after the developer of endoscopic microcutter products said it received 510(k) clearance from the U.S. Food and Drug Administration for its MicroCutter XCHANGE 30 white cartridge and for an additional plastic material contained within the MicroCutter XCHANGE 30 blue cartridge for use in medium-thickness tissue. The 510(k) clearance for the MicroCutter XCHANGE 30 white cartridge is … Continue reading Stocks on the Move: Cardica (NASDAQ:CRDC), Salix Pharmaceutical (NASDAQ:SLXP), Chico’s FAS (NYSE:CHS), Dynegy (NYSE:DYN)