Stephens analyst Ben Bienvenu noted that Hormel Foods reported Q2 results that were slightly ahead of expectations, but its FY19 EPS guidance was softer than
consensus estimates. Comparing guidance to consensus, however, is complicated by the fact that some analysts were accounting for the sale of Cytosport in their estimates, while others did not, according to Bienvenu.
$11.37 billion forecast by FactSet
consensus estimatesFor Discovery Communications , gains on Wall Street were seen after the company offered results that beat FactSet
consensus estimates. For Entravision , a 19.2% slide in its stock value came following the release of its earnings performance Wednesday afternoon.
Revenue for the third fiscal quarter was USD 900.8 million, up 20 percent year-over-year and exceeding
consensus estimates.
Summary: In 2Q16, TBC posted a strong GEL 81mn profit, implying 25% ROE, and beating
consensus estimates by 40%.
We highlight that our forecast was 4% ahead of
consensus estimates. EBITDA increased by 22% y-o-y and reached R11.6b ($374m), outperforming our guidance by 12%, as we expected pressure on margin due to growth of sub-contractor costs.
Technology company, ARM Holdings, which makes chips for Apple iPhones, released its fourth quarter results yesterday which were above
consensus estimates. Revenue was 8% and earnings per share (EPS) some 24% above
consensus estimates.
Consensus estimates for major US economic data back in June included a 1 percent rise for retail sales in May and a 0.8 percent gain in industrial production, with the month's plant capacity usage running at 77.5 percent.
saw its fourth-quarter revenue and income rise, but its stock took a hit when earnings per share fell below analysts'
consensus estimates. The company posted $381.6 million in revenue, compared with $337.5 million for the same period in 2001.
Core earnings per share, which exclude restructuring charges, are expected to grow in the high single digit range and above current
consensus estimates. Earnings in the base period include a on-time gain from the divestiture of Comet.
The analyst remains positive on Facebook shares over the medium term but says the upcoming Q3 results are unlikely to be a positive catalyst, "particularly unless sell-side
consensus estimates come down for 2019." However, looking beyond the near-term challenges, we are starting to hear more positive feedback on Instagram Stories on a return on ad spend basis, Walmsley tells investors in a research note.
