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Jacobs Engineering Group Posts Fiscal Q2 Results Above Expectations

Jacobs Engineering Group Posts Fiscal Q2 Results Above Expectations

May 11, 2018 at 10:00 pm

Jacobs Engineering Group (JEC) reported pre-market Tuesday fiscal Q2 adjusted EPS of $1.00 compared with $0.78 a year earlier and beating the $0.87 average estimate in a Capital IQ poll. Revenue for the quarter ended March 30 rose to $3.94 billion compared with $2.30 billion a year earlier. The analyst consensus was for revenue of $3.60 billion. The company increasedRead More

Summit Materials Posts Q1 Loss in Line With Street Estimate

Summit Materials Posts Q1 Loss in Line With Street Estimate

May 11, 2018 at 9:59 pm

Summit Materials (SUM), a construction materials company, reported a Q1 adjusted loss of $0.59 per share, wider than the loss of $0.49 in the same period a year ago but in line with the loss expected by analysts polled by Capital IQ. Total revenue of $314.4 million was up from $284.3 million in the same period a year ago andRead More

Versum Materials Fiscal Q2 Results Beat Estimates

Versum Materials Fiscal Q2 Results Beat Estimates

May 11, 2018 at 9:58 pm

Versum Materials (VSM) reported pre-market Tuesday fiscal Q2 adjusted earnings of $0.59 per share compared to $0.44 in the year-ago period. Analysts polled by Capital IQ were expecting $0.51 per share. Net sales in the quarter amounted to $340.7 million, up from $270.8 million in the year-ago period, and above the $312.8 million mean estimate. The electronic materials company alsoRead More

Apartment Investment and Management Q1 Funds From Operations Meets Street View

Apartment Investment and Management Q1 Funds From Operations Meets Street View

May 11, 2018 at 9:57 pm

Apartment Investment and Management (AIV), a real estate investment trust, reported late Monday Q1 funds from operations of $0.60 compared with $0.58 a year earlier which matched the average analyst estimate provided by Capital IQ. Revenue was $244.2 million compared with $243.8 million a year earlier. That was just above the $243.8 million analyst consensus. For Q2, the company expectsRead More

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GCP Swings to Q1 Profit

May 11, 2018 at 9:56 pm

GCP Applied Technologies (GCP), a provider of construction product technologies, reported Q1 adjusted earnings of $0.01 per share, compared to a loss of $0.06 per share in the same period a year ago and missing the estimate of $0.04 from analysts polled by CapIQ. Total revenue of $250.2 million was up from $225.3 million in the same period a yearRead More

CVS Earnings Top Forecasts

CVS Earnings Top Forecasts

May 4, 2018 at 2:56 pm

CVS Health (CVS) reported earnings and guidance that topped Street forecasts while revenue missed, and the pharmacy said it’s moving forward with its purchase of Aetna (AET). The company reported first-quarter adjusted earnings of $1.48 per share, up from $1.17 a year earlier and above consensus for $1.40 per share as compiled by Capital IQ. CVS said revenue in theRead More

Brookfield Infrastructure Partners LP Reports Higher Q1 FFO Per Share

Brookfield Infrastructure Partners LP Reports Higher Q1 FFO Per Share

May 4, 2018 at 2:55 pm

Brookfield Infrastructure Partners LP (BIP) reported Q1 funds from operations of $0.85 per share, versus $0.71 last year. Analysts polled by Capital IQ expected Q1 FFO for the comany of $0.86 per share. Revenue for the quarter was $1.01 billion, versus $656 million last year. This beat the $896.5 million analyst consensus. The company’s board declared a quarterly distribution inRead More