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 [...]

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 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 [...]

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 [...]

CR Bard Inc.’s (BCR) first-quarter 2013 adjusted earnings of $1.44 per share beat the Zacks Consensus Estimate by a penny. Adjusted earnings exclude one-time items such as acquisition-related expenses ($0.7 million), asset impairment charges ($5.7 million) and litigation expenses ($25.8 million). Although adjusted earnings declined 11%, it was within the company’s previously announced guidance. In [...]

Total System Services Inc. (TSS) reported first-quarter 2013 operating earnings of 30 cents per share, which lagged the Zacks Consensus Estimate of 34 cents but were in line with the year-ago quarter figure. The company’s earnings per share climbed 1.7%, while net income attributable to shareholders edged up 1.1% to $57.0 million from $56.4 million [...]

Gold miners have had a rough ride in the recent months due to the slide in gold prices. In fact, gold miners have been hit more by the precious metal’s slide than the metal itself. Further, sharp downward estimates revisions have resulted in a cloudy near-term outlook for this Zacks Rank # 5 (Strong Sell) [...]

Check Point Software Technologies Ltd. (CHKP) reported first quarter 2013 adjusted earnings of 73 cents per share, which matched the Zacks Consensus Estimate. Revenues Check Point reported revenues of $322.7 million in the first quarter, up 3.1% from $313.1 million in the year-ago period. The quarter revenues were below the Zacks Consensus Estimate of $330.0 [...]

If you've watched the 3-year decline of "big box" appliance and electronics retailer Best Buy (BBY), you may have thought that this is a business model to stay away from. I certainly thought so until I discovered Conn's (CONN), a family-built retailer with over 50 stores in Texas, 6 in Louisiana, and newer footholds in [...]

Rambus Inc. (RMBS) posted first quarter 2013 adjusted earnings per share (EPS) of 9 cents, comprehensively beating the Zacks Consensus Estimate of a loss of 3 cents per share. Adjusted EPS excludes other patent royalties received, acquisition costs and retention bonus, amortization, costs of restatement and related legal activities but includes stock-based compensation expenses. Revenues [...]