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 estimates
For 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
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
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.