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#PreMarket Primer: Monday, January 13: A Quiet Beginning To The Week
Monday, January 13, 2014 - 8:27am | 618Read More...After a week of important data last week, earnings should dominate the news this week but so far, Monday is beginning much like Friday ended: quiet. Dow futures are implying a slightly lower, 17-point open with the S&P lower by about three points. Friday, the Dow was essentially flat...
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Red Hat Rises 11% After Q3 Earnings Beat
Thursday, December 19, 2013 - 5:48pm | 271Read More...Red Hat (NYSE: RHT) is trading up more than 11 percent in after hours trading after the company announced its third quarter results. The company reported a Q3 EPS of $0.42 versus the Street estimate of $0.35. Earnings per share were up 45 percent from the year-ago period. Revenue arrived at $396...
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Earnings Expectations For The Week Of December 16: FedEx, Oracle, Nike And More
Sunday, December 15, 2013 - 5:55pm | 845Read More...On the earnings front, things will start out slow this week, but then FedEx (NASDAQ: FDX), Nike (NYSE: NKE), Oracle (NASDAQ: ORCL), Walgreen (NYSE: WAG) and others will take their turns in the earnings spotlight. Below is a quick look at what analysts expect from some of this week's most prominent...
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Red Hat Q2 Beats Estimates (RHT)
Monday, September 23, 2013 - 4:48pm | 425Read More...Red Hat (NYSE: RHT) has reported a second-quarter EPS of $0.35, beating the Street's estimate of $0.33 by $0.02. Earnings per share were up 25 percent from the same quarter in 2012. Red Hat's revenue came in at $374 million versus the Street estimate of $372.11 million. Sales were up 16 percent...
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Earnings Expectations For The Week Of September 23: BlackBerry, Nike And More
Sunday, September 22, 2013 - 2:56pm | 1027Read More...Highlights on the earnings front this week will include the reports from Nike (NYSE: NKE) and BlackBerry (NYSE: BBRY). Analysts are looking for solid year-over-year revenue growth from both, as well as earnings growth from the former and a narrowed net loss from the latter. Others on deck to share...
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Red Hat And Other Software Stocks That May Beat Revenue Estimates (RHT)
Thursday, August 22, 2013 - 1:28pm | 861Read More...Analysts at Lazard believe software makers Citrix Systems (NASDAQ: CTXS), NetSuite (NYSE: N) and Red Hat (NYSE: RHT) are well positioned to benefit from strong government spending in the current quarter and possibly to the end of the year. That should help them exceed consensus revenue estimates...
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Earnings Expectations for the Week of June 17
Sunday, June 16, 2013 - 12:40pm | 937Read More...Quarterly reports from FedEx (NYSE: FDX), Oracle (NASDAQ: ORCL) and Kroger (NYSE: KR) will be among the highlights on the earnings front this week. Here is a quick look at what analysts are expecting from these and some of the week's other, most prominent earnings reports. See also: Weekly...
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Earnings Expectations for the Week of March 25
Sunday, March 24, 2013 - 3:51pm | 852Read More...Here is a quick look at what analysts expect to see from SAIC (NYSE: SAI), Mosaic (NYSE: MOS), GameStop (NYSE: GME) and some of the other most prominent quarterly reports scheduled for this week. Accenture Second-quarter fiscal 2013 earnings from Dublin-based Accenture (NYSE: ACN) are expected to...
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Intuit Earnings Preview: EPS and Sales Expect to Be Up About 6%
Wednesday, May 16, 2012 - 7:05am | 955Read More...Intuit (NASDAQ: INTU), which is well positioned to take advantage of the migration of small business to the cloud, is scheduled to report fiscal third-quarter 2012 results tomorrow, May 17, after the end of the trading day. The software provider has enjoyed double-digit year-over-year percentage...
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Earnings Expectations for the Week of March 26 (BBY, FDO, WAG)
Sunday, March 25, 2012 - 10:58am | 1144Read More...While much of the attention will be on the Supreme Court this week, Best Buy is on tap to report its quarterly results. Analysts expect year-over-year earnings growth from the box-box retailer, as well as from Family Dollar and Red Hat. But the consensus forecasts for this week's results from...
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Earnings Expectations for the Week of December 19
Sunday, December 18, 2011 - 10:04am | 804Read More...As Christmas and the end of the year rush toward us, here is a quick look at expectations for some of the most prominent quarterly reports scheduled for this week. These include Bed Bath & Beyond (NASDAQ: BBBY), General Mills (NYSE: GIS), Nike (NYSE: NKE), Oracle (NASDAQ: ORCL) and Walgreen (...
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Global Equities Research Anticipating Additional Red Hat Acquisitions
Monday, December 5, 2011 - 9:03am | 227Read More...Red Hat (NYSE: RHT) could be on the verge of as many as two acquisitions in the Unstructured Storage infrastructure space. That's according to Global Equities Research, which sent out a quick e-mail update on the stock late last night. “New Project starts on Red Hat continues to remain strong;...
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Stifel Nicolaus Reiterates Buy on Red Hat
Thursday, June 23, 2011 - 9:27am | 90Read More...Stifel Nicolaus is out with its report today on Red Hat (NYSE: RHT), reiterating Buy. In a note to clients, Stifel Nicolaus writes, "We view RHT attractively given the recent weakness in shares (down 3.8% versus Nasdaq up 1.3% YTD). We reiterate our Buy rating and $49 12-month target price based...
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Bank of America Merrill Lynch Maintains Buy on Red Hat
Thursday, June 23, 2011 - 8:41am | 123Read More...Bank of America Merrill Lynch is out with its report today on Red Hat (NYSE: RHT), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "RHT has the potential to scale into a highly profitable $1-2bn revenue company by capitalizing on a shift in the server market towards...
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J.P. Morgan Maintains Underweight on Red Hat
Thursday, June 23, 2011 - 8:36am | 108Read More...J.P. Morgan is out with its report today on Red Hat (NYSE: RHT), maintaining Underweight. In a note to clients, J.P. Morgan writes, "We believe the current stock price implies a positive inflection point to free cash flow growth of about 25%, which we view as improbable. Our $32 price target...
