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Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

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Zacks Archives - Page 4 of 37 - Money Morning - Only the News You Can Profit From- Money Morning - Only the News You Can Profit From.

  • ONEOK Partners Misses Earnings Est – Analyst Blog

    ONEOK Partners L.P. (OKS) reported first-quarter 2013 earnings per unit of 42 cents, missing the Zacks Consensus Estimate by 16 cents. Quarterly earnings decreased 53.8% year over year primarily due to considerably thinner natural gas liquids (NGL) location price differentials and the impact of ethane rejection. Total Revenue ONEOK Partner’s revenues were $2,517.4 million, 3.8% […]

  • Lincoln's Earnings Slip on High Expenses – Analyst Blog

    Lincoln National Corporation’s (LNC) first-quarter 2013 operating earnings of $1.02 per share lagged the Zacks Consensus Estimate of $1.10, although it breezed past the prior-year quarter’s earnings of 99 cents a share, primarily on lower share count. However, operating net income dipped 2.7% year over year to $285 million. Meanwhile, reported net income, including extraordinary […]

  • UDR Meets Earnings, Revs Up – Analyst Blog

    UDR Inc. (UDR) – a real estate investment trust (REIT) – reported first-quarter 2013 FFO (funds from operations), excluding non-recurring items, of 34 cents per share. The result came in line with both the Zacks Consensus Estimate as well as the year-ago quarter figure. Although, higher revenues aided the quarterly results, flat physical occupancy level […]

  • Texas Roadhouse Beats 1Q Earnings, Rev – Analyst Blog

    Restaurateur Texas Roadhouse Inc.’s (TXRH) first-quarter 2013 adjusted earnings of 37 cents per share beat the Zacks Consensus Estimate of 35 cents by 5.7% and the prior-year earnings per share of 31 cents by 19.8%. Increased revenues along with efficient cost containment resulted in the increase in earnings. Total revenue climbed 11.0% from the prior-year […]

  • BP Tops Earnings Est, Rev Falls Y/Y – Analyst Blog

    British energy giant BP plc (BP) reported first-quarter 2013 adjusted earnings of $1.32 per American Depositary Share (ADS) on a replacement cost basis, excluding non-operating items. The results comfortably beat our expectation of $1.05, thanks to improved downstream operation. However, the quarterly figure decreased almost 10.2% from the year-earlier adjusted profit level of $1.47 due to […]

  • Are Russia ETFs Signaling More Trouble Ahead? – ETF News And Commentary

    Emerging market equities have been a laggard since the start of the year, underperforming domestic equities by a wide margin. Lower demand, Eurozone weakness and an appreciating dollar have been the key culprits in the slowdown in these developing nations. The weakness in the emerging market is quite evident in the performance of broad-based products […]

  • BJ's Restaurants Misses Earnings, Rev – Analyst Blog

    BJ's Restaurants Inc.’s (BJRI) first-quarter 2013 earnings of 29 cents per share beat the Zacks Consensus Estimate by a penny but were 3.3% lower than the year-ago level. Despite a solid increase in the top line, the bottom line skid year over year due to a sharp rise in costs. Inside the Headline Numbers Revenues […]

  • Smucker Reaffirmed at Neutral – Analyst Blog

    We reaffirm our Neutral recommendation on The J.M. Smucker Co. (SJM) following an appraisal of its third quarter fiscal 2013 results. Why the Reiteration? Smucker posted strong fiscal third quarter results beating the Zacks Consensus Estimate for both revenues and earnings. The company’s continued focus on its brands through innovations and promotional offerings, strategic acquisitions, […]

  • Tellabs Misses 1Q Earnings and Rev – Analyst Blog

    Tellabs Inc. (TLAB) reported weak financial results for the first quarter of 2013, missing the Zacks Consensus Estimate. GAAP net loss in the reported quarter was $55.9 million or a loss of 16 cents per share compared with a net loss of $139.8 million or 38 cents per share in the prior-year quarter. Quarterly adjusted […]

  • Cabot Earnings Grow on Higher Yield – Analyst Blog

    Independent oil and gas exploration and production (E&P) company, Cabot Oil & Gas Corporation (COG) reported strong first quarter 2013 results, thanks to enhanced output and higher crude oil prices. These were partially offset by lower realized natural gas prices. Cabot posted earnings per share (excluding special items) of 26 cents, managing to beat the […]