FactSet has an update on the second-quarter earnings season today, now that 79% of companies have reported.
Of the 393 companies to report so far, 73% have delivered earnings per share ahead of analysts��consensus estimates. Fifty-five percent have reported revenue above expectations. The number of companies with earnings surprises is in-line with the four-year average, however those with revenue beats is below average; nonetheless, the percentage of companies reporting upbeat revenue crossed the 50% mark for only the second time in the past five years.
Looking at individual sectors, Materials (83%), Health Care (82%), and Information Technology (81%) sectors are those with the largest number of companies with better-than-expected earnings, while Services (50%) and Utilities (57%) trailed the pack.
Yet Financials are reporting the largest upside aggregate differences between actual earnings and estimated earnings: Notable beats came from Goldman Sachs (GS), American International Group (AIG), Bank of America (BAC), and JPMorgan (JPM).
Top 5 Heal Care Companies To Buy For 2015: RealD Inc(RLD)
RealD Inc., together with its subsidiaries, licenses stereoscopic 3D technologies in the United States, Canada, and internationally. The company designs, manufactures, licenses, and markets its RealD Cinema Systems that enable digital cinema projectors to show 3D motion pictures and alternative 3D content to consumers wearing the company?s RealD eyewear. It also offers RealD Display, active and passive eyewear ,and RealD Format technologies to consumer electronics manufacturers, and content producers and distributors to enable the delivery and viewing of 3D content on high definition televisions, laptops, and other displays. In addition, the company sells CrystalEyes eyewear, monitors, digital light processing television kits, polarizer films, emitters, and linear polarizing systems to companies, government agencies, academic institutions, and research and development organizations for applications in piloting the Mars Rover and in theme park installations. RealD Inc. was founded in 2003 and is headquartered in Beverly Hills, California.Advisors' Opinion:
- [By Tim Beyers]
There's a lot riding on Man of Steel, and not just for Warner. RealD (NYSE: RLD ) gets a cut of box office receipts for showings in its 3D format, a strategy that has worked well in years past. A big gate could mean a big payday here as well.
- [By Rick Munarriz]
IMAX (NYSE: IMAX ) announced a deal on Monday to add 35 new screens to China and South Korea. It's a smart move, especially with RealD (NYSE: RLD ) taking a hit last week after announcing a sequential decline in ticket sales for June.
- [By Rick Munarriz]
RealD (NYSE: RLD ) is coming at you on Thursday with its quarterly financials. The company has made the most of the popularity of 3-D movies as a leading outfitter of the necessary gear for theaters to screen the enhanced flicks. Movie theater attendance has been stagnant in recent years, but premium movie experiences are holding up reasonably well. A healthy slate of action and animated movies available in 3-D should help RealD this summer.
- [By Sue Chang]
RealD Inc. (RLD) : The stock is down 25% year to date. The company, which develops 3-D cinema technology may be hit by a stronger box office share for IMAX from ��he Hobbit: The Desolation of Smaug,��according to Eric Wold at B. Riley.
Hot Information Technology Stocks To Invest In 2014: Heritage-Crystal Clean Inc.(HCCI)
Heritage-Crystal Clean, Inc. provides industrial and hazardous waste services to small and mid-sized customers in the United States. Its services comprise parts cleaning, containerized waste management, used oil collection and re-refining, and vacuum truck services. The company provides its parts cleaning services by offering parts cleaning equipment and chemicals to remove oil and grease, and other contaminants from engine parts and machine parts requiring cleaning. It also offers containerized waste management services by collecting drums, pails, boxes, and other containers of hazardous and non-hazardous waste materials from its customers. The company provides its vacuum truck services for the removal of mixtures of oil, water, and sediment from wastewater pretreatment devices. In addition, Heritage-Crystal Clean, Inc. provides bulk used oil collection services; and customer visit and accumulated oil removal services. As of December 31, 2011, the company operated 94 used oil collection trucks. Its customers include businesses involved in vehicle maintenance operations, such as car dealerships, automotive repair shops, and trucking firms, as well as small manufacturers comprising metal product fabricators and printers. The company operates a network of 67 branch facilities. Heritage-Crystal Clean, Inc. was incorporated in 2007 and is headquartered in Elgin, Illinois.Advisors' Opinion:
- [By Seth Jayson]
Heritage-Crystal Clean (Nasdaq: HCCI ) reported earnings on July 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 15 (Q2), Heritage-Crystal Clean beat slightly on revenues and 0 on earnings per share.
Hot Information Technology Stocks To Invest In 2014: The First of Long Island Corporation(FLIC)
The First of Long Island Corporation operates as a bank holding company for The First National Bank of Long Island that provides various financial services. It offers various deposit products, including checking, money market, savings, escrow service and interest on lawyer, time deposit, NOW, rent security, holiday club, and individual retirement accounts. The company?s loan portfolio consists of commercial and industrial loans; residential and commercial mortgage loans; home equity loans and lines; multifamily loans; construction loans; consumer loans, such as auto and home improvement loans, personal loans, overdraft checking lines, and credit cards; commercial loans, which include short-term business loans, term and installment loans, revolving credit term loans, and loans secured by marketable securities, general business assets, deposits, and surrender value of life insurance policies; and commercial and standby letters of credit. In addition, it provides account rec onciliation, ATM banking, bank by mail, bill payment, cash management, collection, drive-through banking, personal money orders, Internet and telephone banking, merchant credit card depository, lock box, night depository, payroll, remote deposit, securities transactions, signature guarantee, trust and investment management, wire transfers and foreign cables, and withholding tax depository services, as well as offers controlled disbursement accounts, travelers and counter checks, mutual funds, annuities, life insurance and securities, safe deposit boxes, and the U.S. savings bonds. Further, the company provides pension trust, personal trust, estate, and custody services; and insurance agency services, as well as owns a real estate investment trust. It offers its services to privately owned businesses, professionals, consumers, public bodies, and other organizations through its 34 branches primarily in Long Island and Manhattan. The company was founded in 1927 and is based in Glen Head, New York.Advisors' Opinion:
- [By Dividends4Life]
The First of Long Island Corporation (FLIC) operates as a bank holding company for The First National Bank of Long Island that provides financial services. Sept. 19, the company increased its quarterly dividend 4% to $0.26 per share. The dividend is payable Oct. 11, 2013 to shareholders of record on October 3, 2013. The yield based on the new payout is 2.7%.
Hot Information Technology Stocks To Invest In 2014: Gamestop Corporation (GME)
GameStop Corp. operates as a retailer of video game products and personal computer (PC) entertainment software. It sells new and used video game hardware; video game software; used video game products; and video game accessories, which primarily consist of controllers, memory cards, and other add-ons, as well as strategy guides and trading cards. The company also offers PC entertainment and other software across various genres, including sports, action, strategy, adventure/role playing, and simulation, as well as products that relate to the digital category comprising network point cards, prepaid digital and online timecards, and digitally downloadable software. GameStop Corp. sells its products through stores, as well as through its electronic commerce Web sites, including gamestop.com, ebgames.com.au, gamestop.ca, gamestop.it, gamestop.es, gamestop.ie, gamestop.de, and micromania.fr. As of July 12, 2011, its retail network and family of brands included 6,573 company-oper ated stores in 17 countries worldwide. The company also publishes Game Informer, a video game magazine in the United States; and operates the online video gaming Web sites kongregate.com and joltonline.com. GameStop Corp. was founded in 1994 and is based in Grapevine, Texas.Advisors' Opinion:
- [By Wallace Witkowski]
GameStop Corp. (GME) �shares rose 2.1% to $37.65 on moderate volume after the video game retailer reported first-quarter earnings of 59 cents a share on revenue of $2 billion. Analysts surveyed by FactSet expected 57 cents a share on revenue of $2.02 billion.
- [By Dan Caplinger]
On Friday, investors responded positively to favorable economic news, with favorable readings on personal income and spending pointing to the resiliency of the American consumer, even in the face of tough winter conditions that many businesses have blamed for temporary shortfalls in revenue and earnings. Even though the broader market gave up most of its gains from earlier in the day, GameStop (NYSE: GME ) , TriNet Group (NYSE: TNET ) , and Restoration Hardware (NYSE: RH ) all managed to hold onto large advances in their respective share prices going into the weekend.
- [By Demitrios Kalogeropoulos]
GameStop (NYSE: GME ) wants your old smartphone -- really.
The company just expanded the list of devices that it accepts for trade-in cash or store credit. New names from Samsung, BlackBerry, and Motorola have all been added to the list, which already includes the Apple iPhone 5, and tablets like the Galaxy Tab. And to add icing to the cake, GameStop is even offering a bonus for shoppers who give up their old devices within the next few weeks.
- [By Sean Williams]
Video game and gaming accessories company GameStop (NYSE: GME ) seriously needs its own residency among the top performers list, once again taking the lead with a 6.3% gain. The impetus was comments made by Microsoft�that it was going to deviate from its previous stance and drop curbs on reselling, trading, and lending games for its upcoming gaming console, the Xbox One. This is big news for both companies, as GameStop relies heavily on fat used-game profit margins to grow its bottom line, while Microsoft doesn't want to deter gamers from buying its new system, with Sony�also having no curbs in place on used games and its gaming system coming out with its PlayStation 4 in the latter half of the year.