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Alphabet (GOOG/GOOGL) outperformed 3Q18 earnings estimates despite slightly missing on revenues for the first time since 1Q16. The sales shortfall was largely driven by foreign exchange losses in Brazil and…
For the third quarter in a row, Sherwin Williams (SHW) adjusted 2018 EPS guidance. In 1Q18, SHW dropped the estimate from $19.05 to $18.65 due to new investments in an…
Activision Blizzard (ATVI) reported 3Q18 revenues matching estimates with EPS ahead of expectations. However, implied 4Q18 guidance was weaker than expected, sending the shares sharply lower. While the guidance was…
MGM Resorts (MGM) reported better than expected 3Q18 results driven by the company’s Las Vegas properties. The beat was at least partially due to a significant reset of expectations following…
Facebook (FB) reported mixed 3Q18 results relative to expectations. Revenues fell slightly short of estimates but operating and income and EPS beat consensus as the ramp in expenses to combat…
CBS continued its pattern of reporting modest growth against the tide of change in the TV business. 3Q18 revenues grew 3% with EPS advancing 11%. Operating income grew only 1%…
Powered by the intense election fight, political ad sales drove Nexstar Media Group (NXST) to better than expected 3Q18 earnings. Management raised guidance for the year based on the political…
Apple (AAPL) reported decent September quarter results with revenues and EPS slightly ahead of estimates. iPhone shipments came in about 1% under street estimates but were offset by better than…
Comcast (CMCSA) still has to convince us and a lot of investors of the wisdom of its acquisition of Sky Plc, Europe’s largest satellite TV provider. Fortunately, the company’s domestic…
Disney (DIS) reported a strong 4Q18 as it wrapped a good fiscal year financially and an eventful one strategically. For the year, revenue grew 8%, the best rate of growth…
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