DailyMarkets.com - Earnings Preview: Chipotle

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• Earnings Preview: Chipotle
• Earnings Preview: Polycom, Inc.
• Earnings Preview: EMC Corp.
• BNY Mellon Reports In Line
• Revenues Boost PNC Financial’s 1Q
• Pressure BioSciences Has Landed A Favorable Financing Deal
• Stryker Beats Rev Est, EPS In Line
• Yen Weaker On Dovish BoJ, Pound Stronger On Increasingly Hawkish BoE
• Market May Take A Breather
• CSX Reports Solid 1Q, Profit Soars
• Stock Market News Briefs: First Solar, Goldman Sachs Group, Johnson & Johnson, Coca-Cola Company, West Pharmaceutical Services
• Investors Shrug Off Intel’s Q1 Beat
• Grainger Beats, Ups Guidance
• European Shares Decline On Weak Date
• Hold On To Your Winners And Quickly Sell Your Losers
• Yahoo Tops, But Guides In Line
• Yahoo Tops, But Guides In Line
• Marginal Beat For J&J; Outlook Up
• Marginal Beat For J&J; Outlook Up
• AutoZone Releases $500M Notes
• AutoZone Releases $500M Notes
• Look At Air Stocks Ahead Of Earnings
• Look At Air Stocks Ahead Of Earnings
• PKG Beats Estimates
• Westamerica Reports In Line
• IBM Beats On Strong Margins
• Intuitive Ahead Of Zacks Estimates
• Banking: Wall Street Vs Main Street By R. Wilmers
• Crude Oil, Gold Look To US Earnings Calendar For Direction Cues

Earnings Preview: Chipotle Posted: 18 Apr 2012 08:06 AM PDT Chipotle Mexican Grill Inc (NYSE:CMG) is slated to release its first quarter 2012 results on Thursday, April 19. The current Zacks Consensus Estimate for the first quarter is $1.92 per share, representing an annualized growth of 31.75%. Earnings Surprise With respect to earnings surprises over the last four quarters, Chipotle has outperformed the Zacks Consensus Estimate in two quarters and missed the same in the other two quarters. The earnings surprise ranges from negative 5.36% to positive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Polycom, Inc. Posted: 18 Apr 2012 07:50 AM PDT Polycom, Inc. (PLCM) is scheduled to release its first quarter 2012 results on Wednesday, April 18, after the closing bell. The current Zacks Consensus Estimate for the first quarter is pegged at 14 cents, representing an annualized decline of 24.32%. With respect to earnings surprises over the trailing four quarters, Polycom missed the Zacks Consensus Estimate in two quarters but surpassed the same in the remaining two with an average earnings surprise of 12.09%. Fourth Quarter Recap On … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: EMC Corp. Posted: 18 Apr 2012 07:35 AM PDT EMC Corp (NYSE:EMC) is set to release its fiscal first quarter 2012 results before the opening bell on April 19, 2012. In the run up to the earnings results, no substantial movement in analysts' estimates for the quarter was noticed. Prior Quarter Recap EMC reported fourth quarter 2011 earnings per share (EPS) of 42 cents, up 16.1% year over year and ahead of the Zacks Consensus Estimate by a couple of cents. The better-than-expected results were driven by robust growth in the top line during … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BNY Mellon Reports In Line Posted: 18 Apr 2012 07:20 AM PDT The Bank of New York Mellon Corporation's (NYSE:BK) first-quarter 2012 earnings per share of 52 cents came significantly in line with the Zacks Consensus Estimate. This compares favorably with earnings of 42 cents in the prior quarter. Although BNY Mellon's results benefited from higher fee income and a rise in net interest margin, these positive were offset by a reduction in net interest revenue and higher operating expenses. Moreover, the company's asset quality continued to show … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Revenues Boost PNC Financial’s 1Q Posted: 18 Apr 2012 07:06 AM PDT PNC Financial Services Group Inc.'s (NYSE:PNC) first-quarter 2012 earnings per share came in at $1.67, substantially beating the Zacks Consensus Estimate of $1.45. Results also compared favorably with earnings of $1.43 per share in the prior quarter. PNC Financial's upbeat performance was attributed to improved revenue levels. Moreover, decreased non-interest expenses reflect better expense management. Contraction in the provision for credit losses was also on the upside. Yet, the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pressure BioSciences Has Landed A Favorable Financing Deal Posted: 18 Apr 2012 07:00 AM PDT Pressure BioSciences Has Landed a Favorable Financing Deal Grant Zeng, CFA Early last week (on April 9, 2012), Pressure BioSciences, Inc. (PBIO.PK) entered into a definitive agreement with Ironridge BioPharma Co. to purchase $500,000.00 in shares of Series E Convertible Preferred Stock of the Company. The Deal: Each share of the 500 shares of preferred stock is convertible into approximately 980 shares of common stock, which is determined by dividing the stated value of the Series E … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stryker Beats Rev Est, EPS In Line Posted: 18 Apr 2012 06:51 AM PDT Stryker Corp. (NYSE:SYK), a global medical technology company, reported its first quarter fiscal 2012 adjusted earnings of 99 cents per share, in line with the Zacks Consensus Estimate and surpassing the year ago earnings of 90 cents per share. Adjusted earnings exclude restructuring expense of $12 million and integration and acquisition-related expense of $17 million, associated with the takeover of Neurovascular, Memometal, Concentric and Orthovita. In the reported quarter, profits climbed 14% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Yen Weaker On Dovish BoJ, Pound Stronger On Increasingly Hawkish BoE Posted: 18 Apr 2012 06:50 AM PDT Fundamental Headlines - Jobs Data Simultaneous Release Jeopardized Under Curbs – Bloomberg - Jordan Named SNB President Takes up Fight to Defend Franc – Bloomberg - Argentine Move to Seize YPF Spoils Sinopec Deal – Reuters - German Two-Year Debt Costs Hit Low – WSJ - IMF Says Recovery Remains Fragile – WSJ European Session Summary While price action in the Asian session was clearly constructive and supportive of risk-positive sentiment, European traders brought a different attitude to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Market May Take A Breather Posted: 18 Apr 2012 06:35 AM PDT Stocks will likely take a breather today following the strong gains on Tuesday, particularly given the absence of any major economic reports on the docket. It is quiet out of Spain today as well following that country's over-subscribed auction of shorter maturity bonds on Tuesday. A key test comes on Thursday when Spain has to auction two and 10-year government bonds, which will provide a better measure of investor confidence in the country's outlook. On the earnings front, the first … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CSX Reports Solid 1Q, Profit Soars Posted: 18 Apr 2012 06:35 AM PDT One of the largest U.S. railroads, CSX Corporation (NYSE:CSX), reported its first quarter 2012 earnings of 43 cents per share, surpassing the Zacks Consensus Estimate of 38 cents. The earnings increased 23% year over year from 35 cents, due to higher profits on solid pricing and fuel surcharges as well as higher volumes from Intermodal and Merchandize segments. Revenues climbed 6% year over year to $2,966 million, backed by a modest 1% volume growth, but fell below our expectation of $2,978 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: First Solar, Goldman Sachs Group, Johnson & Johnson, Coca-Cola Company, West Pharmaceutical Services Posted: 18 Apr 2012 06:30 AM PDT     Shares of First Solar, Inc.(NASDAQ:FSLR) gained 10.3% after the sun power company said it plans to close several of its manufacturing facilities and eliminate 2,000 jobs, or roughly 30% of its work force     Johnson & Johnson (NYSE:JNJ) reported first quarter earnings per share of $1.37, surpassing the Zacks Consensus Estimate of $1.36 by a penny     Goldman Sachs Group, Inc. (NYSE:GS) posted first quarter earnings per share of $3.92, surpassing the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Investors Shrug Off Intel’s Q1 Beat Posted: 18 Apr 2012 06:30 AM PDT Intel Corp (NASDAQ:INTC) reported first quarter earnings of 54 cents per share that beat the Zacks Consensus Estimate by 4 cents. The 8% surprise was below the 12%+ average in the four preceding quarters. Therefore, investors were not impressed, sending shares down 3.13% in after-hours trading. The quarter's performance was largely driven by better-than-expected revenue (due to less-than-expected impact from HDD shortages). Revenue Intel's reported revenue was $12.9 billion, slightly better than … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grainger Beats, Ups Guidance Posted: 18 Apr 2012 06:20 AM PDT W.W. Grainger Inc. (NYSE:GWW) reported its earnings results for the first quarter 2012; increasing 19% year over year to $2.57 per share, exceeding the Zacks Consensus Estimate of $2.51. The improvement was due to expansion in its product line as well as in the international markets, eCommerce and inventory management services. Operational Update Revenues in the quarter were $2.193 billion, up 16% from $1.884 billion in the year-ago period. Revenues also surpassed the Zacks Consensus Estimate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Shares Decline On Weak Date Posted: 18 Apr 2012 06:15 AM PDT 04/18/12 European shares fell for the first time in three days on renewed Spain debt worries and weak euro area construction … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hold On To Your Winners And Quickly Sell Your Losers Posted: 18 Apr 2012 06:14 AM PDT The previous post explored challenges posed by a stock that disappoints, in this case, the disappointing reaction to news that HALO was requested to provide additional information to the FDA on a new drug they had submitted for approval.  According … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Yahoo Tops, But Guides In Line Posted: 18 Apr 2012 06:12 AM PDT Yahoo! Inc. (NASDAQ:YHOO) reported fourth quarter non-GAAP earnings that beat the Zacks Consensus Estimate by 8 cents. The 22.3% sequential increase and 5.1% year-over-year decline were better than what most investors were expecting. As a result, shares gained 2.93% in after-hours trading. Revenue Yahoo reported GAAP revenue of $1.22 billion, which was down 7.8% sequentially and up 0.6% year over year. TAC costs were down 7.3% sequentially and 4.0% from last year. Excluding these costs in all … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Yahoo Tops, But Guides In Line Posted: 18 Apr 2012 06:12 AM PDT Yahoo! Inc. (NASDAQ:YHOO) reported fourth quarter non-GAAP earnings that beat the Zacks Consensus Estimate by 8 cents. The 22.3% sequential increase and 5.1% year-over-year decline were better than what most investors were expecting. As a result, shares gained 2.93% in after-hours trading. Revenue Yahoo reported GAAP revenue of $1.22 billion, which was down 7.8% sequentially and up 0.6% year over year. TAC costs were down 7.3% sequentially and 4.0% from last year. Excluding these costs in all … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Marginal Beat For J&J; Outlook Up Posted: 18 Apr 2012 06:07 AM PDT Johnson & Johnson (NYSE:JNJ) posted first quarter 2012 earnings (excluding special items) of $1.37 per share, a penny above the Zacks Consensus Estimate and 1.5% above the year-ago earnings of $1.35 per share. Revenues, however, declined 0.2% year-over-year to $16.1 billion. Revenues were just shy of the Zacks Consensus Estimate of $16.3 billion. While operational factors favorably impacted sales by 1%, currency fluctuations had a negative impact of 1.2%. Including one-time items, Johnson … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Marginal Beat For J&J; Outlook Up Posted: 18 Apr 2012 06:07 AM PDT Johnson & Johnson (NYSE:JNJ) posted first quarter 2012 earnings (excluding special items) of $1.37 per share, a penny above the Zacks Consensus Estimate and 1.5% above the year-ago earnings of $1.35 per share. Revenues, however, declined 0.2% year-over-year to $16.1 billion. Revenues were just shy of the Zacks Consensus Estimate of $16.3 billion. While operational factors favorably impacted sales by 1%, currency fluctuations had a negative impact of 1.2%. Including one-time items, Johnson … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AutoZone Releases $500M Notes Posted: 18 Apr 2012 06:07 AM PDT According to Reuters,AutoZone Inc.(NYSE:AZO) has been awarded a 'BBB' rating by Fitch Ratings for the issue of $500 million 3.7% notes due 2022.The company will utilize the proceeds from the offering in repaying commercial paper. AutoZone had total debt of $3.5 billion as of February 11, 2012. The rating underscores the company's leading position in the retail auto parts and accessories aftermarket. It also reflects the company’s strong operating performance, credit profile and aggressive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AutoZone Releases $500M Notes Posted: 18 Apr 2012 06:07 AM PDT According to Reuters,AutoZone Inc.(NYSE:AZO) has been awarded a 'BBB' rating by Fitch Ratings for the issue of $500 million 3.7% notes due 2022.The company will utilize the proceeds from the offering in repaying commercial paper. AutoZone had total debt of $3.5 billion as of February 11, 2012. The rating underscores the company's leading position in the retail auto parts and accessories aftermarket. It also reflects the company’s strong operating performance, credit profile and aggressive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Look At Air Stocks Ahead Of Earnings Posted: 18 Apr 2012 06:07 AM PDT The lingering economic uncertainty and inflating fuel costs might have dampened several sectors, but these challenges have failed to unnerve the U.S. air carriers. Despite the headwinds, the U.S. air carriers are providing excellent services to their passengers. They are performing at their record levels when it comes to on-time performance, baggage handling, fewer customer complaints, lower cancellations and overbooked flights. Airlines appear to be well placed against the backdrop of higher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Look At Air Stocks Ahead Of Earnings Posted: 18 Apr 2012 06:06 AM PDT The lingering economic uncertainty and inflating fuel costs might have dampened several sectors, but these challenges have failed to unnerve the U.S. air carriers. Despite the headwinds, the U.S. air carriers are providing excellent services to their passengers. They are performing at their record levels when it comes to on-time performance, baggage handling, fewer customer complaints, lower cancellations and overbooked flights. Airlines appear to be well placed against the backdrop of higher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PKG Beats Estimates Posted: 18 Apr 2012 06:06 AM PDT Packaging Corporation of America (NYSE:PKG) reported net income from continuing operations (excluding income from bio-fuel tax credits and asset disposal charges) of $41 million or 42 cents per share in the first quarter of 2012 compared to a net income of $39 million or 40 cents per share in the fourth quarter of 2011, and a net income of $39 million or 39 cents per share in the year-ago quarter.  The record earnings were primarily attributable to increased sales volume of containerboards … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Westamerica Reports In Line Posted: 18 Apr 2012 05:51 AM PDT Westamerica Bancorp. (NASDAQ:WABC) reported its first-quarter 2012 earnings of 75 cents per share, in line with the Zacks Consensus Estimate. However, the result was slightly down compared with 77 cents recorded in both the prior quarter and prior-year quarter. Results in the quarter were impacted by a lower top line. Nevertheless, a fall in operating expenses along with an improving credit quality were the positives for Westamerica. Westamerica reported a net income of $21.0 million compared with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IBM Beats On Strong Margins Posted: 18 Apr 2012 05:35 AM PDT International Business Machines Corp. (IBM) reported earnings of $2.78 per share in the first quarter of 2012, which surpassed the Zacks Consensus Estimate by 15 cents. Earnings increased 15.4% on a year-over-year basis, representing double-digit growth in 19 of the last 21 quarters. The significant upside was primarily driven by margin growth (21 cents) and share repurchases (15 cents). Revenue Details Total revenue of $24.67 billion was flat on a year-over-year (1.0% adjusted for currency) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Intuitive Ahead Of Zacks Estimates Posted: 18 Apr 2012 05:25 AM PDT Intuitive Surgical (NASDAQ:ISRG) reported first quarter earnings per share of $3.50, surpassing the Zacks Consensus Estimate of $3.15, while beating the corresponding year-ago earnings per share of $2.59. Profit increased 37.8% year over year to $143.5 million. The stock moved up 5.95% to $577.99 in after hours trading on April 17. Revenues Intuitive Surgical reported sales of $495.2 million for the first quarter, up 28% year over year. Revenues beat the Zacks Consensus Estimate of $466 million. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Banking: Wall Street Vs Main Street By R. Wilmers Posted: 18 Apr 2012 04:50 AM PDT This commentary is a little lengthy, but for those with even a passing interest in banking, our markets, our economy, and ultimately our nation it is a MUST READ. Think those in Washington really know what they are doing? Think all regulation is good regulation and that one size can truly fit all? The divide from Wall Street to Main Street is widening. To get a perspective on both sides of the street, read this fabulous review by M&T Bank's Robert Wilmers. I recommend you save this, as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil, Gold Look To US Earnings Calendar For Direction Cues Posted: 18 Apr 2012 01:58 AM PDT Talking Points Crude Oil, Copper Look to US Earnings Calendar to Set Sentiment Trends Gold and Silver Look to US Dollar for Risk Appetite Trends Transmission Commodity prices are little changed in early European trade, reflecting directionless risk sentiment trends projected via flat S&P 500 stock index futures. A quiet US economic calendar keeps the focus on the earnings calendar, with cycle-sensitive names including Halliburton and Dover as well consumption-trend proxies like Yum! … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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