With
no earnings guidance provided by the Company and minimal coverage provided by the equity research community, shareholders were seriously challenged to forecast future performance.
Shares of IBM fell 7.5 % in one trading day despite beating earnings and revenue estimates; the Street was more focused on and weighted more heavily the cautious
earnings guidance provided by IBM for the remainder of 2018 as well as the slowing growth in a key business segment.
Not exact matches
The company anticipates savings of approximately $ 5 million or approximately 1 cent per share in the fourth quarter of 2017, which is additive to previously
provided earnings guidance.
The Treasury Department and the Internal Revenue Service have
provided additional
guidance (Notice 2018 - 26) for computing the «transition tax» on the untaxed foreign
earnings of foreign subsidiaries of U.S. companies under the Tax Cuts and Jobs Act enacted on Dec. 22, 2017.
We think it's an appropriate range of
guidance provided, and I think as we said earlier, I don't recall the last time that our
earnings came in those low end of ranges.
Now that Wall Street is refocused on
earnings, the stock market should behave in a much more rational manner,
providing that results and
guidance are strong.
Then again, given that Spotify
provided its first
guidance with just a couple weeks left in the quarter, it could have been accused of gaming
earnings had it dramatically over-performed today.
The company
provided earnings per share (EPS)
guidance of $ 1.52 - 1.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $ 1.64.
With Littelfuse blowing analyst estimates out of the water and
providing guidance calling for continued organic revenue and
earnings growth in the second quarter, investors have no shortage of reasons to bid up the stock.
During the first quarter of 2013, 78 % of S&P 500 companies that
provided preannouncements issued negative
earnings guidance, 81 % did in the second quarter, and a record 83 % did in the third quarter.
That said, management consistently
provides very conservative
guidance, and it made sure to note as much on its
earnings call with analysts following the release.
TWE reported
Earnings Before Interest, Tax, SGARA and material items (EBITS) of $ 342.0 m, up 52 % on a reported currency basis and slightly ahead of
guidance provided on 4 July 2016.
The study found that in more corrupt areas of the U.S., firms
provide less frequent managerial
guidance on
earnings, have lower financial reporting quality, and their stocks are less liquid.
Quite honestly, the only real attention I pay to quarterly
earnings (because of the variability) is to
provide some
guidance about the scale of annual shareholder distributions (regular & special dividends, plus share buybacks).
Thus, reading conference call transcripts, looking for recent earning surprises, and analyzing a company's propensity for beating its own
earnings guidance (if
provided) are just a few ways to research beyond a screen.
2018
Guidance GameStop is
providing the following
guidance for fiscal 2018 with expectations for
earnings to be substantially back half weighted for the fiscal year given the overlap of the Nintendo Switch launch in the first half of the year and expected strength of the title line up in the second half of the year.
In the first, the Court of Appeal clarified to test to be applied in claims relating to accidents suffered during holidays abroad; and the second
provides the latest
guidance as to the preferred way to assess claims for future loss of
earnings by disabled claimants.
The new acquisition does not impact the first quarter 2018
guidance or the full year 2018 commentary
provided at Pandora's last
earnings, the company notes.
The
earnings release will
provide a look at sales of the iPhone 8, iPhone 8 Plus, and iPhone X following its record January quarter that saw the company sell 77.3 million iPhones.Apple's
guidance for the second fiscal quarter includes expected revenue of $ 60 to $ 62 billion and gross margin between 38 and 38.5 percent.
These
earnings show that the Cupertino giant once again posted record quarterly financial results and has maintained its own
guidance that it
provided at the time of its last
earnings in late January.
A study of the Early Head Start program found that mothers who received home visits increased their
earnings by $ 3,600 a year, likely because the program
provided education and job
guidance.