Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
The main focus for today, outside of earnings reports and this morning’s first 1Q 2020 GDP print, is the Federal Reserve’s monetary policy decision at 2 pm ET.
On Apr 28, Alphabet, Inc.’s GOOGL Google announced its first-quarter results, wherein the company’s cloud sales — which include Google Cloud Platform and G Suite — surged 52% to $2.77 billion from $1.83 billion a year ago. Google Cloud’s growing business in the commer
U.S. stocks have been steady of late with investors shifting focus to the reopening of economy and an improvement in virus cases. Recent data points showed that the outbreak is gradually coming under control, even in the hardest-hit states. Treasury Secretary Steven Mnuchin indi
MarketAxess (MKTX) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items.
Northrop Grumman (NOC) came out with quarterly earnings of $5.15 per share, missing the Zacks Consensus Estimate of $5.42 per share. This compares to earnings of $5.06 per share a year ago. These figures are adjusted for non-recurring items.
Strategic Education (STRA) came out with quarterly earnings of $2.11 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $1.66 per share a year ago. These figures are adjusted for non-recurring items.
Boston Scientific (BSX) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.
Humana (HUM) came out with quarterly earnings of $5.40 per share, beating the Zacks Consensus Estimate of $4.84 per share. This compares to earnings of $4.48 per share a year ago. These figures are adjusted for non-recurring items.
Spotify (SPOT) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.90 per share a year ago. These figures are adjusted for non-recurring items.
Airbus posted a €481 million loss in the first quarter as the plane maker’s CEO warned the aerospace industry was in the midst of its “gravest crisis.”
FMC Corporation FMC will release first-quarter 2020 results on May 5, after the closing bell.The company beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters. In this timeframe, it delivered an average positive surprise of roughly 10.1%.The compan
Wall Street is witnessing an impressive rally since Mar 23, when the three major stock indexes touched the lowest level after entering the bear territory on Mar 11. An unprecedented amount of stimulus package injected by the United States and several other countries boosted inve
Eli Lilly and Company (LLY) is one of the few stocks that is breaking out to new multi-year highs in 2020. This Zacks Rank #1 (Strong Buy) is still expected to see double digit earnings growth in 2020, despite the coronavirus.Lilly is a global drug manufacturer with an interest
The Bank of England faces the nearly impossible task of putting numbers on the scale of the coronavirus recession next week, when it must also decide whether to expand its already huge 645 billion pound bond-buying programme.
China's bondholders are increasingly worried that there is little to protect them from being railroaded into bad deals by troubled borrowers amid a wave of virus-related extensions and restructurings.
Financial markets are now pricing an optimistic view that the world economy starts to reboot by mid-year, even though many investors still fear that assumption is fragile and darker alternatives are barely affordable.
Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.