John Bruce, director of Operations, Macau at Hill & Associates, says the mass market is holding up despite China's anti-graft drive and expects new properties opening later this year to be a boost for Macau.
John Buckingham, chief investment officer at Al Frank Asset Management, says the first-quarter results from Corporate America is unlikely to see "tremendous surprises" and advises investors to focus on earnings guidance.
Alex Bumazhny, director, Gaming, Lodging & Leisure at Fitch Ratings, says March's gambling revenue shows sequential improvements and expects projects rolling out later this year to stabilize the sector.
Insight into the upcoming earnings season, with Christine Short, Estimize, and the "Closing Bell" panel.
BEDFORD, Mass. _ Progress Software Corp. on Wednesday reported a fiscal first-quarter loss of $971,000, after reporting a profit in the same period a year earlier. For the current quarter ending in May, Progress Software expects its per-share earnings to range from 29 cents to 32 cents. Progress Software expects full-year earnings in the range of $1.35 to $1.45...
SALT LAKE CITY _ Franklin Covey Co. on Wednesday reported fiscal second-quarter net income of $427,000. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share. Franklin Covey shares have declined nearly 1 percent since the beginning of the year.
April 1- Micron Technology Inc's quarterly revenue and profit beat analysts' estimates, breaking a recent run of bad news on chipmakers and sending the company's shares up 5 percent in after-market trading. The company, which makes dynamic random access memory and NAND flash memory chips, said revenue rose 1.4 percent to $4.17 billion. Net income attributable...
MIDVALE, Utah _ Sportsman's Warehouse Holdings Inc. on Wednesday reported fiscal fourth-quarter earnings of $3.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. For the current quarter ending in April, Sportsman's Warehouse said it expects revenue in the range of $140 million to...
MILPITAS, Calif. _ Sigma Designs Inc. on Wednesday reported a fiscal fourth-quarter loss of $3.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Milpitas, California- based company said it had a loss of 10 cents. Sigma Designs shares have increased 11 percent since the beginning of the year.
BOISE, Idaho— Micron Technology Inc. said Wednesday that its net income rose 28 percent in its fiscal second quarter as its sales picked up. Micron Technology said its net income totaled $934 million, or 78 cents per share, in the three months that ended on March 5. Analysts expected net income of 14 cents per share, according to Zacks Investment Research.
RAPID CITY, S.D. _ National American University Holdings Inc. on Wednesday reported fiscal third-quarter net income of $1.5 million. On a per-share basis, the Rapid City, South Dakota- based company said it had net income of 6 cents. Keywords: National American University, Earnings Report.
April 1- Micron Technology Inc reported a marginal rise in quarterly revenue, helped by higher demand for its chips used in personal computers, servers and smartphones. Net income attributable to Micron rose to $934 million, or 78 cents per share, for the second quarter ended March 5, from $731 million, or 61 cents per share, a year earlier. Revenue rose 1.4 percent to...
Micron is reporting EPS of $0.81 on revenue of $4.17 billion, with CNBC's Dominic Chu.
April 1- U.S. stocks fell on Wednesday as weaker-than-expected data spurred concerns over economic growth ahead of Friday's jobs report and first-quarter earnings.
April 1- Wall Street analysts may be inadequately accounting for the dollar's sharp first-quarter rally, setting up a scenario in which some multinational companies may miss already low earnings estimates and be punished with selloffs of their shares. North American public companies could give up more than $25 billion in revenues and 7 cents per share in...
GUANGZHOU, China _ Sino Agro Food Inc. on Wednesday reported fourth-quarter net income of $23.7 million. On a per-share basis, the Guangzhou, China- based company said it had profit of $5.13. Keywords: Sino Agro Food, Earnings Report.
ATLANTA _ Acuity Brands Inc. on Wednesday reported fiscal second-quarter net income of $46.4 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Acuity Brands shares have risen 20 percent since the beginning of the year.
LITTLE ELM, Texas _ Retractable Technologies Inc. on Wednesday reported fourth-quarter net income of $702,000, after reporting a loss in the same period a year earlier. The Little Elm, Texas- based company said it had net income of 2 cents per share. Keywords: Retractable Technologies, Earnings Report.
WILMINGTON, Mass. _ UniFirst Corp. on Wednesday reported fiscal second-quarter profit of $25.4 million. UniFirst expects full-year earnings to be $5.65 to $5.85 per share, with revenue in the range of $1.45 billion to $1.47 billion. UniFirst shares have dropped 3 percent since the beginning of the year.
WASHINGTON— Monsanto reported lower-than-expected earnings as slumping corn prices push farmers toward other crops, crimping sales of the company's best-selling biotech corn seeds. Monsanto's biotech seeds have genetically engineered traits that help farmers increase their crop yield, despite their higher costs. In a conference call, company...