Emerson Electric Co. EMR is set to release first-quarter fiscal 2021 (ended December 2020) results on Feb 2, before market open. Notably, the company’s earnings beat estimates thrice in the last four quarters and met once, the positive earnings surprise being 16.01%, on average. In the last reported quarter, Emerson’s earnings of $1.10 per share beat the Zacks Consensus Estimate of 95 cents by 15.79%. In the past three months, the company’s...
Unum Group UNM is slated to report fourth-quarter 2020 results on Feb 4, after market close. The company delivered an earnings surprise in one of the three reported quarters of 2020. Factors to Note The Unum U.S. segment is likely to have benefited from disciplined sales trends, strong persistency in group lines, and growth of new product lines like dental and vision. The long-term disability business is likely to have retained strong...
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Pfizer PFE comprises six business units — Oncology, Inflammation & Immunology, Rare Disease, Hospital, Vaccines and Internal Medicine Oncology sales are likely to have risen in the fourth quarter, driven by higher sales of Ibrance, Inlyta and alliance revenues from Astellas for Xtandi. Continued CDK class market share growth in the United States is likely to have driven Ibrance’s sales. However, pricing pressure in certain European markets is...
The fate of Fannie Mae (Pink: FNMA) and Freddie Mac (Pink: FMCC), the government-sponsored enterprises (GSEs) at the heart of federal housing finance policy, remained unresolved at the conclusion of the Trump administration. What Happened: The GSEs buy loans from mortgage lenders and bundle them into securities for sale to investors with a guarantee backed by the federal government. The GSEs were placed in federal conservatorship in September...
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The Securities and Exchange Commission, the nation’s top financial regulator, said on Friday that it is reviewing recent trading volatility that led to a meteoric rise in shares including GameStop and AMC Entertainment. CNBC's "Squawk on the Street" crew discuss.
Fortune Brands Home & Security, Inc. FBHS is scheduled to report fourth-quarter 2020 results on Feb 2, after market close. The company delivered better-than-expected results in each of the trailing four quarters. Earnings surprise for the last four quarters was a positive 23.02%, on average. In the last reported quarter, it posted earnings of $1.19 per share, which beat the Zacks Consensus Estimate of $1.06 by 12.26%. In the past three months,...
Qorvo QRVO is scheduled to release third-quarter fiscal 2021 results on Feb 3. The company’s fiscal third-quarter results are likely to reflect gains from increased demand for 4G and 5G mobile products utilized in flagship smartphones. The company expects third-quarter fiscal 2021 revenues to be $1.06 billion (+/-$15 million). The consensus mark for revenues is pegged at $1.07 billion, which suggests an improvement of 22.75% from the year-ago...
AbbVie, Inc. ABBV will report fourth-quarter 2020 results on Feb 3, before market open. In the last reported quarter, the company delivered an earnings surprise of 2.91%. The large drugmaker’s performance has been pretty impressive, with earnings beat in each of the trailing four quarters. The company has a four-quarter earnings surprise of 3.61%, on average. AbbVie’s stock has gained 27.5% in the past year compared with the increase of 6.4% for...