whos_among_us

2013. december 31., kedd

Sikerekben gazdag Újévet! Prosperous New Year!

A Blogger a 2013-as év néhány tőzsdei emlékét eleveníti fel ezzel a kollázzsal és kíván egészséget és sikeres Újévet!

 

2013. december 30., hétfő

Infláció

Zsiday Viktor - fotó: origo.hu
Az ismert hazai befektetési guru, Zsiday Viktor, egy mai blog bejegyzésében az infláció veszélyeire figyelmezteti olvasóit. A világ nagy jegybankjai által a semmiből teremtett és a gazdaság szereplőire öntött pénz mindenképp inflációt okoz (bár a fejlett világ egy jelentős részén ma még a defláción aggódnak /Lásd M. Draghi tegnapi nyilatkozatát, amiben hűti a befektetők ilyen irányú találgatásait/). Portfóliónk jövő év elején aktuális felülvizsgálatánál érdemes elgondolkozni rajta, hogy ennek hatásait hogy védhetjük ki. Szükség esetén kérjünk segítséget befektetési tanácsadótól. A cikket ajánlom figyelmébe valamennyi olvasómnak.

2013. december 24., kedd

Befektetések iránya 2014-ben

Az év vége felé a legtöbb befektető elemzi az idei eredményeit és gondolkodik az elkövetkező időszak lehetőségein. December végé felé a Private Capital Blog is jelen posztban szeretné közzétenni a következő időszak potenciális befektetési lehetőségeit.
  • Az amerikai piacot jól mutató S&P500 részvény index az idei évben kb 30%-kal emelkedett. 1945 után mindössze 18 olyan év volt, amikor az index 20%-nál nagyobb növekedést mutatott egy adott évben. A Blogger a következő évben továbbra is az amerikai részvény árak emelkedésében hisz. Igaz, a jelenlegi magasságokból könnyen jöhet egy átlagos 8-10%-os korrekció. Egyes elemzők akár ennél nagyobb korrekciót is el tudnak képzelni. Az S&P Capital IQ előrejelzése egy 10-20% közötti esést tart leginkább valószínűnek, de az év egészére mégis további növekedést gondolnak az index tekintetében. A Goldman Sachs novemberben még 1900-as fair S&P 500 értéket publikált. A Wharton egyetem professzora, Jeremy Siegel, szintén novemberben, 2000 pontos fair S&P 500 értékről beszélt egy internetes alőadásában.
  • A fejlett kötvénypiacok tekintetében folytatódni fog a hozam emelkedés - várja szinte minden elemző és a Blogger is. Ez a piaci áruk esését jelenti. A FED hamarosan megkezdi kötvényvásárlási programjának (azaz a dollár nyomtatásnak) visszavágását. (A közgazdászok 2014-re az új pénzből mesterségesen megteremtett kötvényvásárlások teljes visszafogását várják.) Eközben a FED jegybankárok azt is egyértelművé tették, hogy 2015-ben már akár elindulhat a jelenleg 0% közeli amerikai alapkamat emelése, bár addig nem. A kötvényvásárlások visszafogása közvetlenül kereslet csökkenést okoz a fejlett állampapír piacokon, ami leviszi az árakat (azaz a hozamokat felfelé nyomja). Ezért, aki nagy mennyiségben zsákolt ilyen (eddig inkább "nyerő" papírokat), az vélhetőleg elkezdi realizálni a hasznát és legalább részben piacra dobni őket, ami persze további hozamemelkedést okozhat. A folyamat erősíti a dollárt, hiszen készpénz keresletet támaszt. Ha a fenti folyamatok működnek, akkor ezeken azok kereshetnek 2014-ben, akik a dollár erősödésére és a kötvényhozamok emelkedésére spekulálnak. Ez lényegében azt jelenti, hogy csökkentsd a portfoliódban a fejlett piaci állampapírokat és vegyél dollárt. Származtatott terméken keresztül is lehet profitálni a kötvény hozamok emelkedésén.
  • Az ameikai részvények áremelkedését - a javuló amerikai gazdasági teljesítmény mellett -  a kötvény piacról részben kiáramló pénz tovább hajthatja.
  • Aki részvénypiaci befektetésen töri a fejét, annak a guruk elsősorban azon vállalatok papírjait ajánlják, melyek globálisan termelnek és szerzik árbevételüket. Ilyenek például a Coca-Cola, McDonalds, Oracle, Visa, Amex, Google, Apple, Johnson & Johnson ... stb. 
  • A várakozások szerint az amerikai gazdasági talpraállásából a legnagyobbat azok a "kisebb" helyi, amerikai bankok profitálják majd, melyek jelenleg még meglehetősen alulértékeltek.
  • Az Egyesült Államok egyre több gyártási folyamatot hoz haza (főleg Ázsiából). Egyre nagyobb az ázsiója az odahaza termelt áruknak, szolgáltatásoknak. A javuló foglalkoztatási adatokból és a többi gazdaság élénkülést mutató számokból arra lehet következtetni, hogy a polgárok egyre többet és többet költenek majd fogyasztói javakra. Az ilyen termékeket előállító vállalatok papírjai is jó befektetések lehetnek. A guruk a háztartási cikkeket gyártó, a frissítő italokat készítő cégeket, az autó ipari vállalatokat, a média cégeket, a lakás építőket, a kiskereskedelmi és étterem, szálloda láncokat favorizálják. De persze sok egyedi story is lehet jó a piacon.
  • Az európai vállalatok részvényeit a piac inkább alulértékeltnek tartja. A német nagykoalíció a befektetői bizalmat növeli, így a fejlett európai részvénzpiacon továbbra is érdemes lehet vásárolni.
  • A japán jegybank és a kormány is a yen gyengítésében és infláció gerjesztésében érdekelt. A folyamatban a japán részvények emelkednek a yen pedig gyengül a fő devizákkal szemben.
  • Arany ára az elmúlt 30 évben - marketwatch.com
  • A nemesfémek lassan teljesen elveszítik a szuper biztonsági, "pánik" befektetési eszköz szerepüket. A nagy gazdaságok emelkedése töretlen. Az arany és az ezüst idén jelentős esésen van túl, de további ereszkedésére számítanak a profik.
  • A foszilis energiahordozók ára az amerikai piacon inkább sűlyedni fog, tekintettel arra, hogy az USA egyre nagyobb mennyiségben hoz fel olajat és földgázt a saját forrásaiból. A kitermelés folyamatosan nő, ami előbb utóbb az árak mérséklődéséhez vezethet. 2014-re a WTI átlagárát bőven a jelenlegi szintek alá várják a profik.

2013. november 29., péntek

Cryptocurrency boom

BTC/USD árfolyam - az ár november elejétől ugrott
- investing.com
A különböző cryptocurrency pénzek egyre inkább aranykorukat élik. Erről számos cikk jelent meg az utóbbi időben. Tegnap épp a SmartCommerce Blog tudatta, hogy a BitCoin átlépte a varázslatos $1000-os határt. A Bitcoin (BTC) árfolyama jelenleg meghaladta az arany unciánkénti árát, de ez főleg akkor "ijesztő", ha megnézzük, hogy az évet $13,55-on kezdte. A BTC ára november első napjaiban még csak alig valamivel $200 felett volt. Ma reggel $1241-on hagyta el a sárga fém árát. 
Egy másik hasonló termék a LiteCoin (LTC) árfolyama 3 nap alatt közel 400%-ot ugrott! (A különböző crypto-devizák kereszt-árfolyamait pl. itt nézheted meg.)
A hihetetlen ütemű kereslet mögött a hivatalos amerikai kormányzati szervek és a FED pálfordulása áll. Úgy tűnik a témával foglalkozó kongresszusi bizottság és a FED sem látja immár ördögtöl valónak a crypto-devizákat. (Ha nem tudod legyőzni, állj az élére! - jutott eszébe erről a Bloggernek.) A folyamat lényegében abba az irányba mutat, hogy be fognak kerülni a hivatalos kormányzati szervek által is elfogadott portékák közé, ami hatalmas keresletet indított el és ugrás szerűen növelte pár nap alatt az ilyen termékek árát az egekbe.
Blogger megjegyzései: 
  • Az árfolyam egyenlőre nagyon hektikus! Az elmúlt 24 órában ~20%-os változás is volt az árban! Csak a cikk írása közben $100 mozgás volt. (Most épp lefelé.) A Blogger szerint a BTC/USD jelenleg "feketeöves pálya" az átlag befektetőknek, de a profi daytrederek mekkája lehet, amíg ez így marad.
  • A crypto-devizák a Blogger számára (most, hogy kvázi legálissak lettek), sok szempontból nagyon hasonlónak tűnik az aranyhoz. A kormány szervek pálfordulása miatt a kereslet (és az ár) - a hyphe miatt is - egy ideig vélhetőleg felfele fog nyomulni. Még érdemes lehet spekulatíve beszállni! Az ár napról napra megy feljebb. Egy túllőtt szintről vélhetőleg korrigálni fog a BTC/USD (ki árazódik a hyphe hatás) és létrejöhet egy "normál" kereslet kínálati szint. Innentől a BTC iránt - vélhetőleg - akkor lesz nagyobb a kereslet, ha valami nagyobb gazdasági "para" lesz a világban. (Lásd pl. a ciprusi eseményekett korábban, ahol ugye a betétesek nem tudták kiutalni a pénzüket (amit egyáltalán ki tudtak venni a bankból) az országból a problémás időszakban és külföldre vinni, mert a külföldi tranzakciók nem mentek, de bitcoinra váltva pl. sokan biztonságba tudták tenni vagyonkájuk megmaradt részét.)
  • Az árfolyamot hosszú távon befolyásolhatja, hogy több fajta crypto-deviza van jelenleg is forgalomban (LiteCoin, NameCoin, DevCoin, IXCoin, PPCoin, TerraCoin, FreiCoin, PrimeCoin, FeatherCoin). A BitCoin csak a legismertebb verzió. Azonban, ha legálisak lesznek, gyorsan nőhet a konkurensek száma, ami a piacon lévő többi termék mögül vehet ki keresletet.
  • Szinte biztos, hogy az amerikai (és talán a többi ország) kormányzati szervei valamilyen (még nem létező) szabályozást akarnak majd tenni a crypto-devizák köré. Tehát bizonyos feltételeknek meg kell majd felelniük. Az adó elkerülés és a bűnözés, terrorizmus finanszírozása nyilván nem lehet elfogadott ... Ezt valamilyen módon majd meg akarják oldani. Mivel a megoldás még nem ismert, ez hozhat be némi kockázatot a hosszabb távon befektetőknek. (Főleg akik magas áron szállnak majd be.)
  • A crypto-devizák "működőképességének" fontos részei azok az elektronikus tőzsdék, ahol egyfelől eladó és vevő megtalálja egymást és kialakul az árfolyam. A hírtelen megnövekedett kereslet miatt korábban is volt már probléma a japán Mt Gox tőzsdével idén tavasszal, ami az akkor az árfolyamot is romba döntötte. A Blogger jelenleg úgy gondolja (bár ez csak sejtés), hogy a crypto-deviza tőzsdék infrastruktúrái még nem tartanak ott, hogy az elvárt működési biztonsággal működhessenek. Akár egy cyber támadásra, akár egy hirtelen megnövekedett terhelésre, akár más üzemeltetési probléma vélhetőleg ezen intézmények infrastuktúrái nem felkészültek minden szempontból. - Már csak az idő rövidsége miatt sem. Egy nagy tőzsde műszaki összeomlása belökheti az árat és erodálhatja a bizalmat a deviza iránt.
  • Aki csak az árfolyamra szeretne spekulálni nem feltétlenül kell effektíve crypto-devizákat vásárolnia! Egyenlőre a BitCoin-nak van már opciós piaca.

2013. november 28., csütörtök

Mozaik

Esik a világpiacon a kőolaj ára. Az ok nem csak a Genfben minap megkötött megállapodás Iránnal, mely jelentősen csökkenti egy közeli NATO támadás esélyét, hanem a fokozottabb kitermelés által jelentős mértékben megnövekedett amerikai készlet adatok is. A WTI ára $91,85-ig esett a szerdai kereskedésben, majd némileg korrigált a nap végére. A Blogger az olaj árát alacsonyan, de akár a jelenlegi szintnél még lejebb el tudja képzelni a jövőben. Az egyezmény nyomán még több iráni kőolaj kerülhet a piacra és egy potenciális feszültséget elkezdett kiárazni a piac. A WTI esetében a meghatározó iránymutató a hetente, szerdán érkező készlet adatok maradnak.

    Marc Faber - Bloomberg.com
Mark Faber elpazarolt évtizedről beszél egy interjúban. A neves befektető szerint az amerikai gazdaság ugyan elkezdett kilábalni, de nincs még elég jól. Szerinte a pénznyomtatás folytatódni fog nem csak amerikában, de mindenhol máshol is. A kulcs kéréds az amerikai költségvetés stabilizálása marad. Mark dollárban el tud képzelni ugyan rövidebb rallit, de inkább lefelé várja az amerikai deviza értékét. A készpénz (USD) helyett pedig továbbra is a részvényeket tartja vonzónak. (Az interjú egy részében az ázsiai térség részvény befektetési potenciáljára hívja fel a figyelemet.) A Guru a nemesfémek áremelkedésében hisz. Az interjúban pedig kritikusan fogalmaz a FED politikájával kapcsolatban. A Blogger a nemesfém árát inkább lefelé várja a többi meghatározó commodity termékkel egyetemben. A többi pontban viszont teljes az egyetértésem Markkal.

A Goldman Sachs elkezdte közzétenni a jövő évre vonatkozó jóslatait: a bank 2014-re favorizálja a tartós fogyasztási cikkeket előállító amerikai vállalatokat, az ipari és IT cégeket, de alul súlyozásra ajánlja az FMCG cégeket, a telco és a közmű cégeket. A Goldman's Hedge Fund Monitor, mely 783 hedge found tevékenységét monitorozza, egy közelmúltban közzétett publikációja szerint az alapok leginkább ezen cégek esésre számítanak pozícióik alapján (fordított sorrendben): SYY, KO, TGT, BMY, SNDK, UPS, SLB, GE, CVX, PFE, CAT, COP, EMC, PG, NFLX, WMT, JNJ, DIS, CRM, VZ, IBM, XOM, T, GILD, INTC; Míg leginkább a következő részvények emelkedését várják: AN, STZ, JCP, FDO, THC, HRB, BEAM, MU, NWSA, VRSN, CBG, NFLX, GT, TSO, ETFC, MSI, WPX, WYN, HES, CCI.

2013. november 10., vasárnap

Earnings calendar for 46th week

11.11.2013, Monday:
  • Cray Inc
  • UniCredit SpA
12.11.2013, Tuesday: 
  • Dean Foods Co (DF)
  • Vodafone Group PLC
12.11.2013, Wednesday:
  • Canadian Solar Inc (CSIQ)
  • Hochtief AG
  • Intesa Sanpaolo SpA
  • London Stock Exchange Group PLC
  • Macy's Inc (M)
  • NetApp Inc (NTAP)
  • Pinnacle Foods Inc (PF)
13.11.2013, Thusday:
  • Applied Materials Inc (AMAT)
  • RWE AG
14.11.2013, Friday:
  • Phoenix Companies Inc (PNX)

Tesla's share price tumbled - Tree.com stared

Issues and numbers of some company launched its earnings report on this week.

American Water Works Company, Inc. (AWK) reported Q32013 earnings from continuing operations of 84 cents/share, missing the estimations by a penny. Quarterly earnings were 2.3% lower than the year-ago figure. The disappointing performance was primarily due to lower-than-normal weather conditions, and an increase in depreciation expenses as well as general taxes. The company’s operating revenues were $829.2 million. It also missed the preliminary estimations by $33.8 million. On a year-over-year basis, revenues edged down 0.3% from $831.8 million. Paper's price upped on Friday after a sliding.

CME Group (CME) is in a strong bullish mood after its report. The financial services company reported Q3 2013 operating earnings per share of 75 cents. Results comfortably surpassed the analysts poll of 73 cents and the year-ago quarter figure of 66 cents. Total revenues climbed 4.6% year over year to $714.6 million and were almost in line with the polled of $714 million. The year-over-year growth resulted primarily from an accretion in clearing and transaction fees due to incremental volumes within interest rate, equity, energy, metal commodity and option products. However, lower average rate per contract as well as deteriorated revenues from market data and information services along with access and communication fees partially offset the upside. CME Group’s average daily volume jumped 11% year over year to 12.0 million contracts in the reported quarter, primarily driven by growth across the Asian, U.S, European and Latin American markets.

California Water Service Group (CWT) announced Q3 2013 adj EPS of 61 cents/share, surpassing the preliminary estimations of 52 cents by 17.3%. Price continued its uptrend. The major challenge ahead for water utility operators in the U.S. is the aging water and sewer infrastructure. Maintenance and development of facilities play a crucial role and will test the financial capabilities of these water utilities.

Bloomin' Brands Inc (BLMN) had a wild Wednesday, in reaction to its Q3 results from late Tuesday. The operator of Outback Steakhouse and other restaurants earned 10 cents a share in the latest quarter, up 25% from a year ago. Bloomin' Brands matched expectations. Thanks mostly to new store openings, sales edged up 2% to $967.6 million, missing views. It opened 51 new restaurants in the quarter. The company has a long streak of single-digit top-line gains. BLMN has jumped 27% since finding support at its 200-day moving average in October.

Fiesta Restaurant Group Inc (FRGI) is the owner, operator, and franchisor of the Pollo Tropical and Taco Cabana fast-casual restaurant brands, reported results Q3 2013. Fiesta's total revenues increased 9.8% to $140.7 million, compared to $128.2 million in the prior year period. Net income also increased 38.2% to $5.0 million, or $0.21/share, compared to net income of $3.6 million, or $0.16/share, in the third quarter of 2012. Comparable restaurant sales jumped 6.5% at Pollo Tropical and 1.8% at Taco Cabana and 4 new Pollo Tropical restaurants were opened in the quarter. Comperable restaurant guest traffic increased 3.2% at Pollo Tropical and decreased 0.1% at Taco Cabana. The company is in Zacks Investment Research's "3 Superstar Spin-Offs".

Papa John's International Inc (PZZA) third-quarter earnings of 64 cents/share, missed analysts' estimation of 66 cents by 3.03% due to higher costs. However, quarterly earnings were up 18.5% from the comparable year-ago quarter’s earnings of 54 cents. Total revenue increased 6.4% year over year to $346.3 million, led by higher comparable restaurant sales growth in the domestic as well as international markets, increased sales at the company-owned units, improved franchise royalties and unit expansion. However, revenues missed the polled $348 million by 0.6%. The pizza restaurant chain share price declined nearly 2% after report came out, but the share could up again and finished the week on $76.08. Blogger guess that the price's rising trend will continue.

Fossil Group Inc (FOSL) reported net income of $89.7 million for the third quarter of fiscal 2013, compared to $76.8 million for the third quarter of fiscal 2012. Adj. EPS grew 25% to $1.58, compared to $1.26 for the prior fiscal year's third quarter. The Company's third quarter fiscal 2013 results include about $20 million in sales related to shipments which the Company had previously expected to deliver in the fourth quarter. Fossil Group also deferred about $5 million in anticipated Q3 expenses into the fourth quarter of fiscal 2013. The Company estimated that the combined favorable impact related to these items on the current quarter's net income and diluted earnings per share were about $11 million and $0.19, respectively. 

Tesla Motors Inc (TSLA) earned 12 cents a share on $603 million in revenue, as the company delivered 5,500 Model S units during the quarter. Gross margins, excluding Zero Emission Vehicles (ZEV) credits were 21% during the quarter, getting closer to the company's goal of 25%.
Analysts were expecting Tesla to report earnings of 11 cents a share on $534.64 million in revenue. Tesla expects to deliver slightly under 6,000 Model S vehicles in Q4, which increases our total expected deliveries to 21,500 vehicles worldwide for 2013. Shares fell 12% in after-hours trading as investors worried the luxury electric car maker’s outlook for revenue and profit fell short.

Zillow Inc (Z) reported Q3 2013 net loss of 11 cents per share, narrower than analysts' estimation of a loss of 18 cents/share. However, results were highly unfavorable when compared to year-ago net earnings of 7 cents per share. Substantial increase in expenses mainly led to the downside. However, share price moved up 1.3% to close at $82.31 yesterday given that the company reported a lower-than-expected loss. Including a one-time tax benefit of $4.3 million related to an acquisition, net loss came in at 3 cents per share, comparing unfavorably with 7 cents earned in the year-ago quarter. Total revenues increased 67% year over year to $53.3 million. This was driven by solid improvement in marketplace revenues (up 73%) and display revenues (up 50%). Total revenues also surpassed the anaysts' poll of $52 million.

Mondelez International Inc (MDLZ)  third-quarter earnings climbed 57%. Company's Q3 adj earnings of 41 cents/share were in line with the analysts' estimation. Net revenue in the quarter increased 1.8% year over year to $8.47 billion. Revenues missed the estimations of $8.55 billion by almost 1.0%. 
Revenues from emerging markets were up 10.7% as strong performance in Russia, India and Brazil made up for weakness in China. Revenues declined in double digits in China due to economic slowdown and weak biscuits performance. On the other hand, revenues in developed markets grew 1.8% as North America and Europe performed well in the quarter.
Among the food categories, biscuits and chocolates were up in the quarter, while the gum/candy and coffee businesses were down. The company’s gum business has been down since the last few quarters, mainly in the developed nations.
Mondelez’s Power Brands grew 6.9% in the quarter driven by brands like Tuc, Club Social, belVita and Barni biscuits and Cadbury Dairy Milk, Milka and Lacta chocolates.

SolarCity Corp (SCTY): Shares fell 7.4% to $55.24 on heavy volume. The company forecast an adjusted loss of 55 cents to 65 cents for the fourth quarter, while analysts expect a loss of 53 cents a share. For the third-quarter, SolarCity reported an adjusted loss of 43 cents a share on revenue of $48.6 million. Analysts expected a loss of 48 cents on revenue of $42.7 million.

Tree.com Inc (TREE) reported Q3 EPS of $0.03, $0.15 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $37.3 million versus the consensus estimate of $33.75 million. Sees FY2013 revenue of $135-138 million, versus the consensus of $131.45 million. Price is up 

Walt Disney Co (DIS) reported $0.77 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.75 by $0.02. The company had revenue of $11.57 billion for the quarter, compared to the consensus estimate of $11.40 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Shares of Walt Disney traded up 1.36% during mid-day trading on Friday, hitting $68.0664.
Analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares. They have a $77.00 price target on the stock. The stock has an average rating of “Buy” and an average target price of $73.15.

Stratasys Ltd (SSYS) reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.03. The company had revenue of $126.10 million for the quarter, compared to the consensus estimate of $117.13 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 38.7% on a year-over-year basis. Stratasys updated its FY13 guidance to $1.75-1.90 EPS.
Analysts at Piper Jaffray set a $131.00 price target on shares. The company presently has a consensus rating of “Buy” and a consensus target price of $108.27.
Shares of SSYS traded up 0.76% during mid-day trading on Friday, hitting $119.049.

The Wendy's Co (WEN) reported $0.08 EPS for the quarter, beating the analysts' consensus estimation of $0.06 by $0.02. The company had revenue of $640.80 million for the quarter, compared to the consensus estimate of $645.44 million
Analysts at Deutsche Bank raised their price target on shares of The Wendy’s from $7.00 to $8.00 in October. They now have a “hold” rating on the stock. The Wendy’s presently has a consensus rating of “Hold” and a consensus price target of $7.28. 

J&J Snack Foods Corp (JJSF) reported a 2 percent decrease in sales for the period but a 4 percent jump for the year. The last 13 weeks of the fiscal year had sales of $237.9 million, down from $242.2 million in last year’s fourth quarter; sales for the year rose to $867.7 million from $830.8 million in 2012. Price slipped on 2nd half of the week more than $2.

Ralph Lauren Corp (RL)'s second-quarter EPS of $2.23 surpassed the analysts' estimation of $2.20. However, quarterly earnings witnessed a 2.6% decline from $2.29 earned in the year-ago period primarily due to weak margins. Net revenue increased 2.9% year over year to $1,915 million, almost in line with preliminary polls of $1,916 million. The year-over-year growth was primarily driven by improved performance across the company’s wholesale and retail segments. Price rose nearly 5.5%  after the company announced better-than-expected second-quarter fiscal 2014 bottom-line results, provided upbeat revenue guidance and raised its quarterly cash dividend.

Neenah Paper Inc (NP) reported $0.61 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.62 by $0.01. The company had revenue of $214.10 million for the quarter, compared to the consensus estimate of $212.30 million. Price downed more than a dollar in the end of the week.

Annie's Inc (BNNY) reported $0.32 EPS for the quarter, beating analysts' poll of $0.29 by $0.03. The company had revenue of $58.70 million for the quarter, compared to the consensus estimate of $57.12 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 25.7% on a year-over-year basis. On average, analysts predict that Annie’s Inc will post $0.98 earnings per share for the current fiscal year. 
Price leaped after report issued. The stock currently has a consensus rating of Hold and an average target price of $44.14.

51job Inc (JOBS) a leading provider of integrated human resource services in China. Profit rises 4%. Fully diluted EPS were RMB1.95 (US$0.64 per ADS). Total revenues increased 12.3% over Q3 2012 to RMB419.6 million (US$68.6 million), within the Company's guidance range. Price tumbled after Morgan Stanley cut its rating on 51job to the equivalent of sell, saying the online human resources company’s stock is trading at expensive valuations following better-than-estimated profit.

Health Care REIT Inc (HCN) reported $0.97 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.96 by $0.01. The company had revenue of $786.93 million for the quarter, compared to the consensus estimate of $635.72 million. During the same quarter in the previous year, the company posted $0.91 earnings per share. The company’s revenue for the quarter was up 70.4% on a year-over-year basis. On average, analysts predict that Health Care REIT will post $3.78 earnings per share for the current fiscal year. Price went down all week

2013. november 3., vasárnap

Earnings calendar for 45th week

Companies below will be publishing their quarterly earnings numbers from Bloggers watch-list on 45th week:

04.11.2013, Monday:
  • American States Water Co (AWR)
  • Biospecifics Technologies Corp (BSTC)
  • CapLease Inc (LSE)
  • CME Group Inc (CME)
  • Connecticut Water Service Inc (CTWS)
  • Consolidated Water Co Ltd (CWCO)
  • Diamondback Energy Inc (FANG)
  • Dillard's Inc (DDS)
  • Dun & Bradstreet Corp (DNB)
  • Hertz Global Holdings Inc (HTZ)
  • HFF Inc (HF)
  • Kellogg Co (K)
  • NYSE Euronext (NYX)
  • Office Depot Inc (ODP)
  • RigNet Inc (RNET)
  • Safe Bulkers Inc (SB)
  • Sykes Enterprises Inc (SYKE)
  • Tidewater Inc (TDW)
  • Zogenix Inc (ZGNX)
05.11.2013, Tuesday:
  • Amdocs Ltd (DOX)
  • AOL Inc (AOL)
  • Bayerische Motoren Werke AG
  • Beiersdorf AG
  • Bloomin' Brands Inc (BLMN)
  • California Water Service Group (CWT)
  • BioTelemetry Inc (BEAT)
  • Dominion Resources Inc (D)
  • Fiesta Restaurant Group Inc (FRGI)
  • Fossil Group Inc (FOSL)
  • Health Care REIT Inc (HCN)
  • Papa John's International Inc (PZZA)
  • Renewable Energy Group Inc (REGI)
  • Tesla Motors Inc (TSLA)
  • WageWorks Inc (WAGE)
  • Zillow Inc (Z)
 06.11.2013, Wednesday:
  • 51job Inc (JOBS)
  • Activision Blizzard Inc (ATVI)
  • Checkpoint Systems Inc (CKP)
  • Chesapeake Energy Corp (CHK)
  • Genpact Ltd (G)
  • Humana Inc (HUM)
  • Marsh & McLennan Companies Inc (MMC)
  • Mondelez International Inc (MDLZ)
  • Neenah Paper Inc (NP)
  • Qualcomm Inc (QCOM)
  • Ralph Lauren Corp (RL)
  • SolarCity Corp (SCTY)
  • Sunedison Inc (SUNE)
  • Time Warner Inc (TWX)
  • VimpelCom Ltd (VIP)
  • YY Inc (YY)
07.11.2013, Thursday:
  • adidas AG
  • AES Corp (AES)
  • Annie's Inc (BNNY)
  • COMMERZBANK AG
  • Deutsche Telekom AG
  • Flowers Foods Inc (FLO)
  • Heidelbergcement AG
  • J&J Snack Foods Corp (JJSF)
  • Natural Gas Services Group Inc (NGS)
  • Pixelworks Inc (PXLW)
  • Prosafe SE
  • Siemens AG
  • Stratasys Ltd (SSYS)
  • Swisscom AG
  • Telecom Italia SpA
  • The Wendy's Co (WEN)
  • TheStreet Inc (TST)
  • Tom Tailor Holding AG
  • Towers Watson & Co (TW)
  • Tree.com Inc (TREE)
  • TreeHouse Foods Inc (THS)
  • Walt Disney Co (DIS)
  • Westar Energy Inc (WR)
  • York Water Co (YORW)
 08.11.2013, Friday:
  • Allianz SE
  • Ebix Inc (EBIX)
  • Telefonica SA
  • Mobile Mini Inc (MINI)

MasterCard stared the market

Blogger mainly focused on company reports listed below on crowded 44th week.

Apple (AAPL): Apple reports FQ4 EPS $8.26 vs analysts polled $7.92. EPS decreased with 8,5% comapre to same period's EPS in last year. Revenue grew 4% to $37.5B vs expected $36.8B. Q42012 revenue was only $36B. The company said it shipped 33.8 million iPhone units during the period; analysts were expecting some 32 million units. Price decreased after release because investors were worry about continuously decreasing earnings. Experts thinks that FQ1 EPS will break this trend because of new iPhones and tablets. Sales in China will be a key factor in next quoter's numbers.

Burger King Worldwide (BKW): Company reported $275.1 million in third quarter revenue, a 40% decrease over this time last year but beating analyst predictions of $267 million. Despite this decrease, profit increased 32.7% to $81.1 million, or 23 cents/share, beating analysts prediction of 21 cents/share. A sharp drop in operating expenses, which fell over 64% due to cost management and a global refranchising work. On a global level, sales grew a total of 0.9%! Price sharply went up in aftermarket on Monday.

The global nutrition company Herbalife (HLF) posted adjusted EPS of $1.41 per share on revenue of $1.2 billion. It was expected to report $1.14 per share EPS for its third quarter, on revenue of $1.195 billion. Company also raised its fiscal year 2013 adj EPS guidance to a range of $5.19 to $5.23. It introduced fiscal year 2014 guidance in the range of $5.45 to $5.65 EPS.
Shares of Herbalife were up 0.7% on Monday evening at $68.36. It had climbed more than 4% in the aftermarket.

Seagate Technology (STX) shares fell 3.9% to $47.89 in Monday after-hours. The company reported adj EPS of $1.29 on revenue of $3.49B for its first quarter. Analysts polled $1.31/share on revenue of $3.56B. Seagate’s board of directors also approved an increase in the quarterly cash dividend to 43 cents per share this quarter, up 5 cents from 38 cents per share in the previous quarter. Price went down in Monday aftermarket.

Texas Roadhouse (TXRH) reported $0.24 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $0.01. The company had revenue of $334.80 million for the quarter, compared to the consensus estimate of $338.63 million. During the same quarter in the previous year, the company posted $0.25 earnings per share. On average, analysts predict that Texas Roadhouse will post $1.13 earnings per share for the current fiscal year.  Deutsche Bank upped TXRH's price target  from $24.00 to $27.00 but remained the hold rating on the stock. Price slided on the week.

US Ecology Inc (ECOL) reported $0.53 EPS for the quarter, beating the estimations of $0.46 by 7 cents. The company had revenue of $53.10 million for the quarter, compared to the analysts' estimation of $48.90 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. On average, analysts predict that US Ecology will post $1.58 earnings per share for the current fiscal year. Price sharply upped to $38 on Monday aftermarket then slipped all week long and finished the Friday on $36.51. 
US Ecology had its target price lifted by Wunderlich from $33.00 to $38.00 on Tuesday. They currently have a buy rating on the stock. Previously, analysts at Zacks downgraded shares of company from an outperform rating to a neutral rating on October 16th. They now have a $33.90 price target on the stock.

1-800-Flowers.Com Inc (FLWS) reported $0.07 EPS for the quarter, meeting the analysts’ estimation of $0.07. The company had revenue of $123.00 million for the quarter, compared to the analysts' poll of $182.00 million. During the same quarter last year, the company posted $0.07 earnings per share. 1-800-Flowers.com’s revenue was up 2.8% compared to the same quarter last year. Price sharply downed on Tuesday morning. 
Analysts at Brean Capital upgraded shares of 1-800-Flowers.com from a “hold” rating to a “buy” rating in a research note to investors on  October 1st. Analysts at Benchmark Co. reiterated a “buy” rating on shares of 1-800-Flowers.com in a research note to investors on Friday, August 30th. The company presently has an average rating of “Buy” and a consensus target price of $7.00.

3D Systems Corp (DDD) reported $0.26 EPS for the quarter, meeting the estimations of $0.26. The company had revenue of $135.70 million for the quarter, compared to the market's consensus of $132.04 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was up 49.9% on a Y/Y basis. Analysts expect that 3D Systems Corp. will post $1.01 EPS for the current fiscal year. 
Analysts at Piper Jaffray reiterated a hold rating on shares of 3D Systems on Monday. They now have a $61.00 price target on the stock. Meanwhile analysts at Brean Capital raised their price target on shares to $70.00 on Monday. Finally, analysts at Maxim Group raised their price target on shares of DDD from $56.00 to $67.00 on Monday. They now have a buy rating on the stock. 
The stock currently has an average rating of Buy and an average price target of $59.64.

Baidu Inc (BIDU): Analysts polled EPS estimation $1.43. The market's estimation remains unchanged over the past month. For the fiscal year, analysts are projecting earnings of $4.93 per share. For the year, revenue is projected to roll in at $30.92 billion. TheStreet Quant Ratings rates Baidu as a buy. 

Buffalo Wild Wings (BWLD) Q32013 earnings of 95 cents per share beat the market estimations of 86 cents by 10.5% and the comparable year-ago quarter’s earnings of 57 cents by 66.7%. The company’s higher top line and lower cost of sales percentage backed the earnings growth.
Total revenue increased 27.9% year over year to $315.8 million, surpassing the Zacks Consensus Estimate of $312 million by 1.2%. Higher restaurant sales and solid unit growth drove the revenues during the quarter. 
Buffalo Wild Wings, which is popular among sports fans for its dine-and-watch-games facility, registered company-owned comps growth of 4.8% in the third quarter, lower than the year-ago quarter’s same-store sales of 6.2%. However, comps in the quarter were higher than the second quarter’s comps of 3.8%. Franchise royalties and fees increased 9% year over year to $20.1 million, led by 23 new restaurants in operation by the quarter-end and 3.9% rise in franchise same-store sales.

Deutsche Bank AG reported net income of €51 million ($67.5 million) in the third quarter of 2013, down from €754 million ($998.6 million) in the prior-year quarter. The company reported $0.08 earnings per share for the quarter. Results suffered due to litigation related expenses. The disappointing performance resulted from rise in expenses and lower revenues. However, improved provisions for credit losses and a strong capital position were the positives. Analysts at Equinet Institutional Services downgraded share from an “accumulate” rating to a “hold” on October 22. Morover analysts at Macquarie downgraded shares of Deutsche Bank from a “neutral” rating to an “underperform” previously in October. Finally, analysts at Zacks upgraded share from a “neutral” to an “outperform” on October 7.

LinkedIn Corp (LNKD) reported $0.39 EPS for the quarter, beating the analysts’ consensus estimate of $0.32 by $0.07. The company had revenue of $393.00 million for the quarter, compared to the consensus estimate of $385.57 million. During the same quarter last year, the company posted $0.22 earnings per share. LinkedIn Corp.’s revenue was up 56.0% compared to the same quarter last year. On average, analysts predict that LinkedIn Corp. will post $1.60 earnings per share for the current fiscal year. Canaccord Genuity rised its price target from $230.00 to $270.00 on Wednesday.
Analysts at SunTrust reiterated a neutral rating on shares of LNKD on Wednesday. They now have a $250.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of LinkedIn Corp. from $210.00 to $240.00 on Wednesday. They now have a sector perform rating on LNKD. Analysts at Jefferies Group reiterated a buy rating on shares of LinkedIn Corp. in a research note to investors on Wednesday. They now have a $280.00 price target on the stock, up previously from $255.00.

Mueller Water Products (MWA) reported $0.08 earnings per share for the quarter, beating the analysts’ estimation of $0.07 by $0.01. The company had revenue of $293.20 million for the quarter, compared to the consensus estimate of $299.45 million. During the same quarter last year, the company posted $0.03 earnings per share. Mueller Water Products’s revenue was up 4.3% compared to the same quarter last year. Analysts expect that Mueller Water Products will post $0.31 EPS for the current fiscal year. The company recently declared a quarterly dividend of $0.02 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.82%.
The company presently has an average rating of “Buy” and an average target price of $8.67.
Mueller Water Products, Inc is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water.

Waste Management Inc (WM): reported net income of $291 million or 62 cents per share in the Q32013 improved from $214 million or 46 cents per share in the year-ago quarter. The increase in earnings was driven by increasing internal revenue growth from yield and controlling costs.
Adj. EPS 65 cents in the quarter vs 61 cents in the year-ago quarter. It is better than estimated 62 cents. Waste Management currently has a Zacks Rank #4 (Sell).

Boston Beer Co Inc (SAM) reported $1.89 EPS for the quarter, beating the analysts' poll of $1.82 by $0.07. The company had revenue of $216.40 million for the quarter, compared to the consensus estimate of $200.42 million. During the same quarter in the previous year, the company posted $1.53 earnings per share. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. On average, analysts predict that Boston Beer will post $5.34 earnings per share for the current fiscal year.  Boston Beer currently has a consensus rating of Hold and an average price target of $192.87.

YELP Inc (YELP) reported EPS is -4 cents on revenue of $61.2 million. Analysts expected EPS of -1 cent on revenue of $59.41 million. In the last year, Yelp has seen a dramatic increase in its stock price. Last year at this time Yelp was valued at $24. Right now, it's just under $70!
The company presently has an average rating of Hold and a consensus target price of $60.76. However loss was bigger than expected, sales increased. Price upped just below $70 and finished the week on $67.15.

Edgewater Technology Inc (EDGW) reported $0.14 EPS for the quarter, beating the consensus estimate of $0.10 by $0.04. The company had revenue of $25.40 million for the quarter, compared to the consensus estimate of $26.80 million. Analysts expect that Edgewater Technology will post $0.26 EPS for the current fiscal year.Company was upgraded by analysts at TheStreet from a “hold” rating to a “buy”. The revenue growth came in higher than the industry average of 20.1%. Price upped.

Facebook Inc (FB) reported a much higher-than-expected third-quarter profit of 25 cents a share (analysts polled 19 cents EPS) on revenues up 60% from a year ago, to $2.02 billion. Revenue from advertising is $1.80B, up 66% from last year. 49% of advertising revenue during the third quarter (up from 14% in Q3 2012) was the Mobile Ad Revenue. Number of monthly active users grew 45% year-over-year to 874 million. Average revenue per user, is up to $1.72.

Franklin Electric Co Inc (FELE) reported record Q3 earnings of $25.1M, or 51 cents/ diluted share,  which is a 15% rise in comparison to  the $21.9M, or 46 cents / share, that was posted in the 2012 Q3. The company also reported Q3 sales of $249.8M, a 5 % rise over the 2012 Q3.
Company along with its subsidiaries, is involved in the designing & manufacturing as well as distribution of water & fuel-pumping systems. It manufactures pumps, submersible motors, electronic-controls and related parts & equipment.

Kona Grill Inc (KONA) reported $0.08 earnings per share for the quarter, beating the analysts’ expectation of $0.07 by $0.01. The company had revenue of $24.51 million for the quarter, compared to the consensus estimate of $24.16 million. During the same quarter last year, the company posted $0.16 earnings per share. Kona Grill’s revenue was up 2.6% compared to the same quarter last year.
 Analysts at Imperial Capital downgraded shares of Kona Grill from an “outperform” rating to an “in-line”. Analysts at Imperial Capital downgraded shares of Kona Grill from an “outperform” rating to an “in-line”. Company owns and operates 24 upscale casual dining restaurants in 15 states, in the United States.

Starbucks Corp (SBUX) is one of the Blogger's most favoured share on the week.
Company came out on top, posting a Q4 EPS of $0.63 versus the Street estimate of $0.60. This is a 37 percent increase from where the company's EPS was during the year-ago period. It also set a new record for Starbucks. Revenue came in at $3.8 billion versus the Street estimate of $3.81 billion. Sales were up 13 percent year-over-year. Starbucks expects to report a first-quarter EPS between $0.67 and $0.69 vs the Street estimate of $0.57. Starbucks has performed very well this year, rising more than 44 percent.

Visa Inc (V): For the fourth quarter, Visa’s net income was down 28.3% to $1.2 billion. Earnings per share were $1.86, down from $2.48 during the same period last year. Both net income and earnings matched consensus estimates. Net operating revenue increased 3% from the same period last year to $3 billion. Payment volume, or the value of consumer transactions using Visa products, grew 13% for the quarter to $1.1 trillion. Revenue on services were up 10% to $1.4 billion. Share price went below $200.

First Solar Inc (FSLR), a thin-film solar panel maker — earned far more than expected, banking an adjusted profit of $2.28 per share in the third quarter, better than the year-ago figure and estimate of $1. The First Solar earnings report also indicated sales growth of more than 50%, with a top line of $1.27 billion vs. just $839 million for the same period last year. That FSLR revenue number was also better than the expected $989 million in revenue. Price sharply leaped just below $60/share.
In the biggest global solar panel manufacturers pie FSLR has 4% - qz.com


Lincoln Electric Holdings Inc (LECO) reported $0.86 EPS for the quarter, beating analysts poll of $0.84 by $0.02. The company had revenue of $691.90 million for the quarter, compared to the market's estimation of $702.60 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company’s revenue for the quarter was down 8% on a year-over-year basis. Price upped to above $70.

Telenor posted its Q32013 earnings numbers on Thursday morning. Norwegian telecom giant reported that its third-quarter pretax profit increased to NOK 6.35 billion, from NOK 5.61 billion, prior year. Profit after taxes and non-controlling interests increased to NOK 3.92 billion, from NOK 3.65 billion, prior year. Basic earnings per share from total operations was NOK 2.59, compared to NOK 2.34 prior year. Revenues increased to NOK 25.95 billion, from NOK 25.25 billion, prior year. More details

MasterCard (MA) reported third-quarter 2013 operating earnings per share of $7.27. The results significantly outpaced the analysts expectations of $6.95 and the year-ago quarter figure of $6.17. Net revenues surged 15.6% year over year and 15% on constant currency basis to $2.22 billion, also exceeding the Zacks Consensus Estimate of $2.13 billion. The upside was primarily due to a 16% rise in the number of processed transactions to 10.0 billion along with a 19% increase in cross-border volumes. Share price increased.

2013. november 1., péntek

Német ingatlan piac: nincs buborék

Bő egy héttel ezelőtt a Bundes Bank kiadott egy figyelmeztetést a német lakásárak nagy ütemű növekedéséről és szinte riadót fújt egy új potenciális ingatlan buborékra vonatkozóan. A hírrel több nemzetközi és hazai gazdasági sajtó termék (pl. WSJ online) is foglalkozott akkor.

Német ingatlan árak alakulása, Berlinben a legnagyobb az ugrás - sueddeutsche.de
A minap olvastam egy nagyon jó összefoglalót Zsiday Viktort blogján, melyet az említett hír kapcsán tett közzé a neves hazai guru. Ennek lényege, hogy Németországban a német emberek "zsebében" az elmúlt években (a német versenyképesség javítása miatt) kevesebb pénz mardt. Aminek hatására az ingatlan árak is elmaradtak más európai országok ingatlan áraihoz, illetve azok növekedéséhez képest. Miután a válság alatt és után mindenki Németországba hordta a pénzét és az EUR kamat is alacsony, így az ország dúskál a pénzben, amiből több jut bérekre és olcsó hitelekre is. Olcsó tehát jelzálog hitelt felvenni és nő a kereslet ismét az ingatlan tekintetében. (Ez egyébként az ottani piacon fontos bérleti díjakat is lassan emeli. - Blogger) Az ár növekedés így nem buborék, hanem inkább a korábbi lemaradás behozása. Viktor szerint a trend nem is fog mostanában megállni, hiszen európai összehasonlításban a német igatlan árak még mindíg olcsók.

Érdemes lehet befektetői szemmel is elmélázni ezen a helyzeten. Vajon milyen ágazatoknak, papíroknak kedvez a trend? Természetesen az egyik szegmens a német építőipar lehet, a másik az ingatlan kereskedelem és ingatlan bérbeadás. A Bloggernek a szektoron belül a következő nagy német tőzsdén jegyzett vállalatok jutnak eszébe: az építőipari cégek közül: InCity AG, Hochtief (bár ez utóbbinak bevételei inkább globálisak); az ingatlan kezelő, bérbeadó vállalatok közül: Deutsche Wohnen, Deutsche Annington, Gagfah, GSW Immobilien (mely hamarosan fúzionál a Deutsche Wohnen-nel), TAG Immobilien, LEG Immobilien.

A német lakossági ingatlan piac specialitásaival és az itt mozgó tőzsdei cégekkel az Economist egy nem rég megjelent cikke szintén foglalkozik.

2013. október 27., vasárnap

Coming earnings reports on week #44

Blogger is interesting about following companies' earnings reports on 44th week.

28.10.2013, Monday:
  • Apple Inc (AAPL)
  • Burger King Worldwide Inc (BKW)
  • Crane Co (CR)
  • Denny's Corp (DENN)
  • Herbalife Ltd (HLF)
  • Hertz Global Holdings Inc (HTZ)
  • Merck & Co Inc (MRK)
  • MicroStrategy Inc (MSTR)
  • Oceaneering International Inc (OII)
  • Seagate Technology PLC (STX)
  • Texas Roadhouse Inc (TXRH)
  • US Ecology Inc (ECOL)
29.10.2013, Tuesday:
  • 1-800-Flowers.Com Inc (FLWS)
  • 3D Systems Corp (DDD)
  • Baidu Inc (BIDU)
  • Buffalo Wild Wings Inc (BWLD)
  • Cirrus Logic Inc (CRUS)
  • Deutsche Bank AG
  • Deutsche Boerse AG
  • Electronic Arts Inc (EA)
  • Flextronics International Ltd (FLEX)
  • Harris Corp (HRS)
  • Linde AG
  • LinkedIn Corp (LNKD)
  • Mueller Water Products Inc (MWA)
  • Pfizer Inc (PFE)
  • Plantronics Inc (PLT)
  • SolarWinds Inc (SWI)
  • UBS AG
  • Universal Health Services Inc (UHS)
  • Waste Management Inc (WM)
  • Yelp Inc (YELP)
 30.10.2013, Wednesday:
  • Avis Budget Group Inc (CAR)
  • Boston Beer Co Inc (SAM)
  • Crocs Inc (CROX)
  • Edgewater Technology Inc (EDGW)
  • Facebook Inc (FB)
  • Franklin Electric Co Inc (FELE)
  • Garmin Ltd (GRMN)
  • General Motors Co (GM)
  • Kona Grill Inc (KONA)
  • Kraft Foods Group Inc (KRFT)
  • Marriott International Inc (MAR)
  • Metlife Inc (MET)
  • Orkla ASA
  • Phillips 66 (PSX)
  • Sprint Corp (S)
  • Starbucks Corp (SBUX)
  • Statoil ASA
  • Visa Inc (V)
  • Volkswagen AG
  31.10.2013, Thursday:
  • Bayer AG
  • Beam Inc (BEAM)
  • Cigna Corp (CI)
  • ConocoPhillips (COP)
  • Estee Lauder Companies Inc (EL)
  • Exxon Mobil Corp (XOM)
  • First Solar Inc (FSLR)
  • Hugo Boss AG
  • Lincoln Electric Holdings Inc (LECO)
  • MasterCard Inc (MA)
  • Royal Dutch Shell PLC
  • Telenor ASA
  • Teradata Corp (TDC)
  • The Chefs' Warehouse Inc (CHEF)
  • Time Warner Cable Inc (TWC)
  • Total SA
 01.11.2013, Friday
  • Chevron Corp (CVX)
  • CBOE Holdings Inc (CBOE)
  • Royal Bank of Scotland Group PLC

After a long week ...

Heavy reporting week was behind us. Let's see some company report from Blogger's favorites!

  • The media and marketing solutions company, and one of the largest newspaper publishers in the U.S., Gannett (GCI) has launched its report on Monday. Profit of $79.7 million or 34 cents/share, down from $133.1 million or 56 cents/share, a year earlier. Adj. earnings were down to 43 cents from 56 cents. Revenue decreased 4.3% to $1.25 billion. Analysts polled 41 cents and revenue of $1.27 billion. Shares finished the week at $27.68. The stock is up ~53% in the year. Investors were happy with 5.2% revenue increasing of digital media segment.
  • Halliburton Co. (HAL) reported adj. EPS of 83 cents, in line with analysts poll and 23.9% higher from the 67 cents/share posted in the year-ago quoter. Revenue up to $7.47 billion were 5.1% higher than $7.11 billion in 2012Q3. This figure failed to beat the market's estimation of $7.51 billion owing to reduced sales in North America.
  • Netflix (NFLX) reported 3rd quarter earnings of 52 cents/share on revenue of $1.1 billion. Previously analysts polled 48 cents a share on revenue of $1.1 billion. Subscriptions up in at the high end of the expected range. The company reported total domestic subscribers of 31.09 million. Price leaped 10.3% to $391.52 on heavy volume in after-hours activity on Monday.
  • Lennox International (LII) released its earnings data on July 22. The company reported $1.31 EPS for the quarter, beating the market's consensus estimate of $1.19 by $0.12. The company had revenue of $913 million for the quarter, compared to the estimation of $886.03 million. Last year the company posted 96 cents EPS . Revenue for the quarter was up 8.7% on a Y/Y basis. Analysts expect Lennox International to post $3.64 EPS for the current fiscal year and $4.39 EPS for the next fiscal year. Share price rallied on the week.
  • The Las Vegas and Macau casino operator, Wynn Resorts Ltd (WYNN) also issued its numbers on Monday. Q32013 adj. EPS is $1.84/share that beats the analysts poll of $1.64 by 12.2% and the prior-year quarter’s EPS $1.48 by 24.3%. Wynn Macau’s revenues were up 9.6% year over year to $997.6 million in the quarter, benefiting from the strong mass market segment and growing VIP business. Strong margin trends in Macau aren't due to onetime factors. WYNN's share price was volatile on the week. More details here.
  • Amgen (AMGN) reported Q32013 earnings of $1.93 per share, 21 cents above the analysts consensus and 16.3% above the year-ago earnings. Third quarter total product revenues increased 11% from the year-ago quarter to $4,647 million. Amgen did not repurchase any shares during the third quarter with $1.6 billion remaining under its share buyback program. Amgen expects its share buyback activities to slow down with a higher focus on increasing dividend meaningfully. Detailed numbers readable here.
  • Cree Inc (CREE):  The maker of LED light bulbs late Tuesday reported in-line results for its fiscal Q1 ended Sept. 29, but its fiscal Q2 outlook disappointed. The lowered projection was based partly on increased spending on marketing to promote awareness of its LED bulbs. Revenue is $391 million, up 24% from the year-earlier and $1 million above analyst estimates. Adj. EPS  rose 44% to 39 cents, in line with analyst views. Cree stock was down 17% on Wednesday, near $62. Cree stock hit a three-year high of $76 and just missed touching that level on Tuesday, before the company released its latest results. Details.
  • NU Skin Enterprises Inc (NUS):  The company reported EPS $1.80 for the quarter, beating the market's estimation of $1.41 by $0.39. The company had revenue of $927 million for the quarter, compared to analysts poll of $806.19 million. During the same quarter in the previous year, the company posted $0.87 EPS. The company’s revenue for the quarter was up 76.3% on a Y/Y basis. Share price significantly up on current week. NUS continued its uptrend.
  • 8x8 Inc (EGHT) reported Q2 EPS of 5 cents, 1 cent worse than the analyst estimate of6 cents. Revenue for the quarter came in at $30.8 million versus the consensus estimate of $31.1 million. Company has a record 25% increase in revenue from business customers, a record 22% increase in overall revenue and a record $30.8 million in total revenue. Price continued to go down on all week long.
  • Cheesecake Factory (CAKE) reported Q3 EPS of $0.52, in-line with the analyst estimate of $0.52. Revenue for the quarter came in at $469.7 million versus the consensus estimate of $468.72 million. Price leaped.
  • Citrix Systems, Inc. (CTXS) reported Q3 EPS of $0.70, $0.01 better than the analyst estimate of $0.69. Revenue for the quarter came in at $713 million vs polled $712 million. Citrix Systems sees Q4 2013 EPS of $0.95-$1.00, versus the consensus of $1.05. Citrix Systems, Inc. sees Q4 2013 revenue of $800-810 million, versus the consensus of $819.7 million. 
  • Ford Motor Co. (F) reported Q3 EPS of 45 cents, 8 cents better than the analyst estimate of 37 cents. Revenues was $36 billion, vs the consensus of $34 billion.
  • American Electric Power Co. (AEP) announced its earnings results on Wednesday. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.09 by $0.01.The company had revenue of $4.20 billion for the quarter, compared to analysts estimation of $4.61 billion. Price significantly increased on the week. Analysts at Wells Fargo upgraded shares of AEP from “market perform” rating to “outperform” on Monday before the report came out.
  • AT&T (T) reported Q32013 adjusted EPS of 66 cents, beating analysts estimation by a cent. The results improved 6.5% from adjusted earnings of 62 cents Q32013. The growth was attributable to growing demand for wireless data service along with strong U-verse and strategic business. Revenue increased 2.2% from the same quarter prior-year to $32.2 billion, which was in line with estimations. The growth was attributed to efficient network operations and an expanding broadband segment.
    The company added 178,000 post-paid smartphone users and sold 6.7 million smartphones of which 89% were post-paid phones. At quarter end, nearly 75% of AT&T’s post-paid phone users used smartphones. Almost 70% post-paid smartphone subscribers have 4G-based handsets.
    Total wireless churn was 1.31% compared with 1.34% in the prior-year quarter. Post-paid ARPU (average revenue per user) grew 1.5% year over year driven by healthy data growth. Price went down when riport come out but until the end of the week it has upped to the original levels.
  • Caterpillar (CAT) cut its full year forecast  after reporting a Q3 profit of US$946 million (or $1,45/share) compared to US $1.7 billion (or $1,54/share) a year earlier. Revenue came in at $13.42 billion, which was down from last year’s Q3 revenue of $16.45 billion, and below analysts’ revenue estimate of $14.49 billion. The company cut its FY2013 outlook and now sees revenues around $55 billion, down from a range of $56 billion to $58 billion, and EPS at $5.50, down from around $6.50. CAT shares were down more than 5% due to the disappointing earnings report. The company’s stock is down more than 4.6% this year.
  • Dr Pepper Snapple Group Inc (DPS): Net income of $207 million, or 88 cents/share beating estimations of 83 cents. Net sales were $1.5 billion up 1% from the same period last year. Full year expected EPS remain between $3.04 and $3.12. The company’s Latin American beverage division saw 12% net sales growth to $309 million. Operating profit was up 13%. Net sales of packaged beverages was flat. The company offset the decline with increased pricing. Operating profits for the segment was up 8%.  Beverage concentrates had a 2% increases in net sales. The Latin America segment’s total 6% volume growth balanced volume losses elsewhere.Volume was down 2% each in the beverage concentrate and packaged beverage segments. Share's price could remain uptrend on the week.
  • Euronet Worldwide Inc (EEFT) reported $0.56 earnings per share (EPS) for the quarter, beating the analysts' estimation of 54 cents by 2 cents. The company had revenue of $360.60 million for the quarter, compared to analysts' poll of $353.10 million. During the same quarter in the previous year, the company posted 42 cents EPS. Revenue for the quarter was up 14.0% on a Y/Y basis. Analysts expect that Euronet Worldwide Inc. will post $1.96 EPS for the current fiscal year. A Piper Jaffray's expert reiterated an overweight rating on shares of Euronet Worldwide previously.
  • ServiceNow Inc (NOW) reported $0.01 EPS for the quarter, beating the market's estimation of $0.02 by $0.03. The company had revenue of $111.30 million for the quarter, compared to the consensus estimate of $105.33 million. During the same quarter in the prior year, the company posted $0.06 EPS. The company’s quarterly revenue was up 73.1% on a Y/Y basis. Analysts predict that ServiceNow will post $-0.09 earnings per share for the current fiscal year. Share's price leaped on good numbers. ServiceNow has a consensus rating of Buy. Deatils.
  • Thermo Fisher Scientific Inc. (TMO) reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.02. The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the previous year, the company posted $1.19 earnings per share. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, analysts predict that Thermo Fisher Scientific Inc. will post $5.35 earnings per share for the current fiscal year. Details.
  • Alliance Fiber Optic Products Inc (AFOP)  last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.30. The company had revenue of $23.07 million for the quarter, compared to the consensus estimate of $22.20 million. The company’s revenue for the quarter was up 86.2% on a year-over-year basis. On average, analysts predict that Alliance Fiber Optic Products will post $0.97 earnings per share for the current fiscal year. 
  • Hershey Co (HSY) reported Q3 EPS of $1.03, $0.03 better than the analyst estimate of $1.00. Revenue for the quarter came in at $1.85 billion versus the consensus estimate of $1.88 billion. Hershey Foods Corp. sees FY2013 EPS of $3.68-$3.71, vs analysts poll of $3.71. Organic sales growth of 6.6 percent this quarter. Price dropped after report since weaker than expected revenue and company's conservative FY prediction.
  • LogMeIn Inc (LOGM) maintained the 4th quoter EPS guidance of 14-15 cents for the period, compared to analysts earlier expectation of 13 cents. The company reported 14 cents EPS for the quarter, beating analysts poll of 13 cents by 1 cent. The company had revenue of $43.00 million for the quarter, compared to the consensus estimate of $42.12 million. During the same quarter in the prior year, the company posted 18 cents EPS. The company’s quarterly revenue was up 21.5% on a year-over-year basis. Share's price leaped after report came out.
  • Microsoft (MSFT): Company posted revenue $18.53 billion and earnings per share of $0.62. Analysts had expected the first quarter of Microsoft’s fiscal 2014 to generated revenue of $17.8 billion and earnings per share of $0.54. Microsoft’s net income was $5.24 billion, and its operating income was $6.33 billion. Microsoft ended the quarter with just over $80 billion in cash and equivalents. Price rallied up above $36 on Friday.
  • Zynga Inc (ZNGA): Shares soared on Friday, the day after the company reported losses that weren’t as bad as expected. The game maker also provided a new management structure which UBS analysts believe will result in both efficiency and innovation. The company reported 2 cents EPS for the quarter, beating analysts' poll of 5 cents by 3 cents. The company had revenue of $203 million for the quarter, compared to analysts' expectation of $141.65 million. The company’s quarterly revenue was down 36.0% on a Y/Y basis. Zynga's social game services has 240 million average monthly active users over 175 countries. Share price jumped above $4 then dropped to $3,70 in the end of Friday.
Arctic Cat's share price dropped after company's
launched its report - dirtwheelsmag.com
  • Arctic Cat (ACAT) posted a 5.6% decline in EPS to $1.70 in the second quarter of fiscal 2014 (ended Sep 30, 2013) compared with $1.80 cents earned in the corresponding quarter last year. Reported earnings also missed the analysts' by 25 cents. Net income declined 6.4% to $23.4 million from $25 million in the year-ago quarter. Price significantly dropped and finished the week on $50,41.

2013. október 21., hétfő

McDonald's underperforming because of weak global consumer economy

Photo reblogged from valuewalk.com
Today morning MCD's price slashed after company launched its Q3 earnings report. Reported EPS is one cent higher than analysts previously expected, but revenue is a bit lower than forecast.
Exact numbers can be read here or here.
A more detailed analysis issued on seekingalpha portal.

2013. október 20., vasárnap

Coming earnings reports on week #43

Blogger will follow these companies' earnings reports and numbers on 43rd week.

21.10.2013, Monday:
  • Check Point Software Technologies Ltd (CHKP)
  • Gannett Co Inc (GCI)
  • Halliburton Co (HAL)
  • Hasbro Inc (HAS)
  • Lennox International Inc (LII)
  • Manpowergroup Inc (MAN)
  • McDonald's Corp (MCD)
  • Netflix Inc (NFLX)
  • SAP AG
  • Texas Instruments Inc (TXN)
  • VMware Inc (VMW)
  • Wynn Resorts Ltd (WYNN)
22.10.2013, Tuesday:
  • Amgen Inc (AMGN)
  • Cree Inc (CREE)
  • Delta Air Lines Inc (DAL)
  • EMC Corp (EMC)
  • Forest Laboratories Inc (FRX)
  • Harley-Davidson Inc (HOG)
  • Juniper Networks Inc (JNPR)
  • Lexmark International Inc (LXK)
  • Lockheed Martin Corp (LMT)
  • Monarch Casino & Resort Inc (MCRI)
  • NU Skin Enterprises Inc (NUS)
  • Whirlpool Corp (WHR)
23.10.2013, Wednesday:
  • 8x8 Inc (EGHT)
  • American Electric Power Company Inc (AEP)
  • AT&T Inc (T)
  • Boeing Co (BA)
  • Caterpillar Inc (CAT)
  • Citrix Systems Inc (CTXS)
  • Dr Pepper Snapple Group Inc (DPS)
  • Eli Lilly and Co (LLY)
  • Euronet Worldwide Inc (EEFT)
  • Forrester Research Inc (FORR)
  • NASDAQ OMX Group Inc (NDAQ)
  • Norsk Hydro ASA
  • ServiceNow Inc (NOW)
  • Terex Corp (TEX)
  • The Cheesecake Factory Inc (CAKE)
  • Thermo Fisher Scientific Inc (TMO)
  • TripAdvisor Inc (TRIP)
24.10.2013, Thursday:
  • 3M Co (MMM)
  • Alliance Fiber Optic Products Inc (AFOP)
  • Amazon.com Inc (AMZN)
  • Arctic Cat Inc (ACAT)
  • BJ's Restaurants Inc (BJRI)
  • CA Inc (CA)
  • Colgate-Palmolive Co (CL)
  • Columbia Sportswear Co (COLM)
  • Daimler AG
  • Dunkin' Brands Group Inc (DNKN)
  • Ford Motor Co (F)
  • Hershey Co (HSY)
  • LogMeIn Inc (LOGM)
  • Microsoft Corp (MSFT)
  • NCR Corp (NCR)
  • NETGEAR Inc (NTGR)
  • United Therapeutics Corp (UTHR)
  • Verisign Inc (VRSN)
  • Xerox Corp (XRX)
  • Zynga Inc (ZNGA)
  25.10.2013, Friday:
  • AbbVie Inc (ABBV)
  • Basf SE
  • Moody's Corp (MCO)
  • Procter & Gamble Co (PG)

2013. október 19., szombat

Review of earnings reports on week #42

This was a crowded week for earnings watchers. Results of some company from Blogger's favorites :

Products of B&G Foods (BGS);
BGS price downed on Friday
- bgfoods.com
  • J.B.Hunt (JBHT): The U.S. transportation company reported Q3 net income of $89.5 million or 75 cents per share, up from $78.2 million, or 65 cents per share a year ago. Analysts expected to see earnings of 78 cents per share. Revenue for the quarter was $1.44 billion, from $1.30 billion last year. Expectation was $1.45 billion. Share lifted 23% YTD. Price target of JBHT decreased by Sanford C. Bernstein from $80.00 to $78.00 today.
  • Packaging Corp of America (PKG): Q3 adj. earnings were a record $89 million or $0.91/share. Q3 net sales were a record $845 million, up 17% from third quarter of 2012 net sales of $723 million. PKG's price nearly doubled in last 12 months. Barclays lifted their price objective on shares of share from $50.00 to $54.00 in a research note issued on Wednesday.
  • Domino's Pizza (DPZ): Q3 adj. earnings of 51 c/share missed analysts expectation by a cent but beat the year-ago quarter's earnings of 43 cents by 18.6%. Revenue increased 6.9% from Q32012 to $404.1 million and beat market's estimation of $403 million by 0.3%. In 2013, the store growth is expected to be moderate.
  • Intel Corp (INTC): Company reported an EPS of $0.58 vs market's estimation of $0.54, beating by 4 cents. Revenue came in at $13.5 billion. Intel CEO Brian Krzanich: "The third quarter came in as expected, with modest growth in a tough environment" "Since August we have introduced more than 40 new products for market segments from the Internet-of-Things to datacenters, with an increasing focus on ultra-mobile devices and 2 in 1 systems." Divident's amount remained $0,225/Q.
  • Joe’s Jeans (JOEZ): Q3 EPS 1 cent, analysts expectation was 2 cents. Last year in the same period company reported 2 cents earnings on each share. On revenue side Joe’s Jeans reported $29.40 million while analysts polled $33.37 million. B. Riley cut their price target on JOEZ from $1.65 to $1.30 on Wednesday. The firm currently has a “neutral” rating on the stock. Analysts at Thomson Reuters/Verus downgraded JOEZ from a “hold” to “sell” on Monday before report released.
  • Johnson & Johnson (JNJ): EPS coming in at $1.36, above estimations of $1.31 and up 8.8% y/y. Revenues increased 3.1% y/y to $17.6 billion. Analysts polled $17.4 billion for Q3. Moreover, the company upped its 2013 EPS guidance to $5.44 – $5.49.
  • Yahoo (YHOO): The company reported a Q3 EPS of 34 cents vs analysts expectation of 33 cents. Revenue wa reported at $1.08 billion vs estimation of $1.09 billion. Sales were down 1% Y/Y. Even though Yahoo has seen its monthly audience climb 20% to more than 800 million, its core business continues to be lackluster. Display ad revenue slumped 7% as the price per ad  fell 7%. Search revenue excl. TAC (fees it pays to partners) gained 3% to $426 million.
  • American Express (AXP): reported Q3 EPS of $1.25 after the close Wednesday, up from $1.09 in the prior year period. The consensus estimate was for EPS of $1.22. AXP price target has been raised to $90 from $85 at Argus. An analysts at Sandler O’Neill upped their price objective on shares of AXP from $78 to $80. The price jumped more than $4 dollars, above $80 on Thursday.
  • Bank of America (BAC): Giant bank made profit again! Net income of $2.5 billion in Q32013, and earnings per share of $0.20 (Q32012 net income was $340 million, or $0.00/share). Revenue fall from Q32012 $22.5 billion to $22.2 billion in the third quarter of this year, blame on lower mortgage banking revenue.
  • Exponent Inc. (EXPO): The company reported 79 cents EPS for 2013Q3, beating the analysts’ estimation of 61 cents by 18 cents. The company had revenue of $70.10 million for the quarter, compared to the consensus estimate of $67.15 million. Analysts predict that Exponent will post $2.51 earnings per share for the current fiscal year. Share price increased.
  • IBM (IBM): Adj. EPS increased to $3.99 a share from $3.62 a share a year ago. Revenue fell 4% to $23.72 billion from $24.75 billion in 2012Q3. Analysts had expected the company to report adj EPS of $3.96 on $24.75 billion in revenue. IBM's software revenue down to $5.8 billion, however analysts expected $6 billion. Share price sharply fell and finished the week on $173,68.
  • PepsiCo (PEP): reported core EPS of $1.24 for the 3rd quarter and organic revenue growth of 3.3 percent for the quarter. Snacks volume rose 3% while beverage volume downed 1%. Price upped and finished the week on $82,92.
  • Mattel (MAT): Mattel reported net income of $422.8 million, or $1.21/share, compared to 2012Q3 net income of $365.9 million, or $1.04/share. For the quarter, net sales were $2.21 billion, up 6%. Shares of MAT are trading higher by nearly 3% today.
  • Xilinx (XLNX): Xilinx reported $0.58 EPS for the quarter, beating the analysts’ consensus estimate of $0.53 by 5 cents. The company had revenue of $598.94 million for the quarter, compared to estimated $588.28 million. In 2012Q3 the company posted $0.46 EPS. Xilinx’s revenue was up 10.1% compared to the same quarter last year. Analysts predict $2.22 earnings per share for the current fiscal year. 
  • B&G Foods (BGS): Net sales for Q32013 increased $27.2 million or 17.6% to $181.4 million from $154.2 million for Q32012. Adj EPS is $0.35, which is 5 cents lower than the Capital IQ Consensus Estimate of $0.40; revenues jumped 17.6% Y/Y to $181.4 million as compared to the $187.45 million consensus. Price slide down on Friday.
  • Dover Corp (DOV): Industrial products manufacturer Dover Corp. (DOV) narrowed its outlook for the full year, citing softer market conditions than it previously forecast. It expects revenue growth of 7% for the full year, which is on the lower end of its previously announced growth expectations of between 7% and 9%.  Q3 EPS is $1.54 — up 16.7% from the year-ago period and beating estimation of $1.50. Revenue of $2.25 billion missed analysts' expectations of $2.31 billion, but it showed a gain of nearly 2% compared with a year earlier.
  • Las Vegas Sands Corp (LVS): Q3 EPS is $0.82, beating the analysts’ consensus estimate of $0.74 by 8 cents. The company had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter last year, the company posted $0.46 earnings per share. Las Vegas Sands Corp.’s revenue was up 31.7% compared to the same quarter last year. Analysts predict that Las Vegas Sands Corp. will post $2.91 earnings per share for the current fiscal year. The company also announced a quarterly dividend, which is scheduled for Tuesday, December 31st. Shareholders of record on Friday, December 20th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Wednesday, December 18th.
  • Goldman Sachs (GS) reported a fiscal third-quarter profit of $1.43 billion, or $2.88/share, compared with earnings of $1.46 billion, or $2.85/share, in 2012Q3. EPS beat the average analyst estimate of $2.43, according to Reuters. Revenue fell 44 percent to $1.25 billion. Price headed to south on Friday morning.
  • Morgan Stanley (MS) shares rose 2.6 percent to $29.71 after the company reported a 50 percent rise in quarterly revenue as higher income from equities sales and trading offset a drop in its fixed-income business.
  • General Electric (GE) said its third-quarter profit and revenue fell as its finance business shrunk, but Wall Street looked beyond those numbers to GE's improving profit margins and growing order demand. GE shares rose 3.6 percent to $25.56.
  • Google (GOOG): The share soared after the tech giant reported fiscal third-quarter earnings excluding items of $10.74 a share on revenue of $14.89 billion. Shares of Google skyrocketed over 12 percent on Friday to top $1,000 a share for the first time ever.
  • Genuine Parts (GPC): Sales totaling $3.69 billion were up 9% compared to the Q32012. Net income for the quarter was $173.7 million, up slightly from $172.9 million recorded in the same period of the previous year. EPS were $1.12, up 1 percent compared to $1.11 for the third quarter last year. However, the reported earnings missed analysts prediction by 8 cents. Price dropped on Friday morning market.

2013. október 17., csütörtök

A Coca Cola eladásai 2%-ot nőttek

A Coca Cola (KO) kedden tette közzé idei 3. negyedéves jelentését. Ennek főbb pontjai:
  • A 3. negyedéves globális eladások (unit case volume) 2%-kal, az idei első három negyedév eladásai szintén 2%-kal nőttek (a megelőző év hasonló időszakához képest)! A Coca Cola Americas mindkét időszakban 1%-os növekedést könyvelhet el, míg a Coca-Cola International 3%-os nővekedést tud felmutatni Q3-ra és YTD is.
  • Az egyszeri és deviza hatások kikiszöbölésével Q3-ra számított nettó árbevétel +4%-ot nőtt (YTD a szám +3%). Sajnos az egyszeri hatások és árfolyam mozgások (dollár gyengülés) figyelembevételével ugyanezek a számok -3% (Q3) és -2% (YTD).
  • Az egyszeri hatásoktól megtisztított üzemi eredmény 8%-ot nőtt, míg az év első három hónapjában az üzemi eredmény 6%-ot emelkedett.
  • EPS $0.53 (+4%)
A Blogger egyik kedvence a papírja, mely relatíve stabil árfolyamával, növekvő árbevételével és osztalék hozamával hosszútávon teremt értéket tulajdonosainak, és mely ezúttal sem cáfolt rá önmagára. 
A Coca Cola területenkénti Q3-as eredményei - Albert Alfonso (seekingalpha.com)

Tények a Coca Cola-ról - visual.ly

2013. október 15., kedd

J.P. Morgan reported loss - first from long time

On Friday Wells Fargo and J.P. Morgan Chase launched its earnings report today morning Citi posted its numbers. 

Wells Fargo (WFC) posted its 3Q EPS that rises to $0.99 vs. $0.88 a year ago, while its revenue dips to to $20.5 billion vs $21.2 billion (2012Q3). Analysts expected 97 cents/share EPS and on revenue of $20.97 billion. 
Share price fell on Friday morning but soon after climbed up where it was on the end of Thursday.

J.P. Morgan's (JPM) Chairman and CEO James Dimon also reviewed the results on Friday. New York based large bank has 17 c loss while $1,40 was its EPS on the same time last year. 
Revenue was $23.9 billion vs. $25.15 billion same time on last year.
JPM was one of the few financial corporation that could went through the crisis without reported loss. Bank's loss of $380 million, largely due to a $9.15 billion legal expense.
Price temporary went up 2% then slipped down.

Citi's net credit losses down 38% - cnn.com
Today Citigroup (C) posted earnings of $1.02/share vs. $1.04 analysts' estimation.  Bank's 3Q revenue is $17.9 billion and net income $3.2 billion. Moreover Citi's net credit losses $2.4 bln, down 38%! Share's price down 1,3% on pre-market, then upped to $49.99 and went to south again and finished the day on $48.8.

Bank of America (BAC) will report tomorrow, Goldman Sachs (GS) lets out its numbers on Thursday.

2013. október 14., hétfő

Earnings on week #42

Heavy week started for earnings watchers. Blogger will follow reports of these companies on 42nd week:

14.10.2013, Monday:
  • Brown & Brown Inc (BRO)
  • GenCorp Inc (GY)
  • J B Hunt Transport Services Inc (JBHT)
  • Packaging Corp of America (PKG)
15.10.2013, Tuesday:
  • Citigroup Inc (C)
  • Domino's Pizza Inc (DPZ)
  • Intel Corp (INTC)
  • Joe's Jeans Inc (JOEZ)
  • Johnson & Johnson (JNJ)
  • The Coca-Cola Co (KO)
  • Yahoo! Inc (YHOO)
16.10.2013, Wednesday:
  • Abbott Laboratories (ABT)
  • American Express Co (AXP)
  • Bank of America Corp (BAC)
  • BlackRock Inc (BLK)
  • eBay Inc (EBAY)
  • Exponent Inc (EXPO)
  • Frisch's Restaurants Inc (FRS)
  • International Business Machines Corp (IBM)
  • Kinder Morgan Inc (KMI)
  • Mattel Inc (MAT)
  • PepsiCo Inc (PEP)
  • Piper Jaffray Companies (PJC)
  • SanDisk Corp (SNDK)
  • Stanley Black & Decker Inc (SWK)
  • Xilinx Inc (XLNX)
17.10.2013, Thursday:
  • Advanced Micro Devices Inc (AMD)
  • B&G Foods Inc (BGS)
  • Dover Corp (DOV)
  • Goldman Sachs Group Inc (GS)
  • Google Inc (GOOG)
  • Las Vegas Sands Corp (LVS)
  • Philip Morris International Inc (PM)
  • Snap-On Inc (SNA)
  • TeliaSonera AB
  • Union Pacific Corp (UNP)
  • Verizon Communications Inc (VZ)
  • UnitedHealth Group Inc (UNH)
18.10.2013, Friday:
  • General Electric Co (GE)
  • Genuine Parts Co (GPC)
  • Honeywell International Inc (HON)
  • Morgan Stanley (MS)