Well ahead of estimates, Harley-Davidson’s second-quarter EPS rose 34%, to $1.62. The quarter’s upside was driven by a gross margin of 39.3%, up 240 basis points, exceeding estimates on increased volume and manufacturing efficiencies, price benefit and favorable mix, currency and raw materials Operating margin
Apple recently reported third quarter results, including EPS of $1.28, up 20% year-to-year exceeding estimates by $0.05. Upside came from strong iPhone and Mac sales and the Apple ecosystem has continued to grow. iPad sales fell short of expectations. Apple expects September-quarter revenue to range
Solid results, slightly above expectations for billings, revenue and pro forma earnings per share, are expected from Fortinet, based on salesforce execution improvements, increasing traction in the enterprise market and comparison to last year being easy. Fortinet is expected to guide conservatively for third quarter
With adjusted EPS of $0.196, which is lower than forecasts, IAMGOLD Corporation showed poor second quarter results. The difference was influenced by larger cash costs at Rosebel, as well as decreased production and larger costs at Essakane. Production stayed at 187 ounces at cost of
Competition in the telecommunications industry is cut-throat and it’s getting worse and worse, which means that Windstream has to take a serious look at their service-mix model. The company really needs to offer customers’ more services if they want to stand a chance against their
Despite a strong second quarter, Webster Financial failed to beat analysts’ estimates. However, the company is driven by a few value added factors, which investors should focus on more than any weaknesses Webster may exhibit considering that it is these factors that can offer an
Recently, Vodafone and Portugal Telecom revealed the two companies had come to an agreement to install and share a fiber network that would serve a minimum of 900,000 Portuguese homes. The agreement will be enforced for 25 years and will start in December 2014. After
Cencosud recently reported their Q2 results, which were below expectations. Thus, revenues may have increased year over year by 5.4 percent, but they were still 1.7 percent below analysts’ estimates. Furthermore, EBITDA may have increased by 1.7 percent, but it was still lower by 2.7
Pacific Gas & Electric recently posted their second quarter earnings, after it was confirmed that the U.S. Attorney’s Office changed its allegations against the company and filed a new charge that would replace the one filed in April. Thus, Pacific Gas & Electric posted adjusted
Johnson Controls posted an EPS of $0.85 for Q3, reflecting a 17 percent increase. EPS was higher by $0.02 than analysts’ expectations, who predicted EPS of $0.82. The higher EPS is mainly due to higher earnings in the automotive experience segment, which went up by