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Instant Analysis: Hormel Foods Posts Strong Q1 Profit Growth, Raises Guidance
2016-02-23 00:36:32| Food - Topix.net
What happened? Recent months have been kind to Hormel Foods , as the company revealed in fiscal Q1 2016 results released Feb. 16. For the quarter, Hormel's net sales were 4% lower on a year-over-year basis, at almost $2.3 billion. On the other hand, adjusted net profit saw a 37% leap to $235 million .
Tags: posts
analysis
strong
growth
Dean Foods Shares Jump On Upbeat First-quarter Guidance
2016-02-22 16:06:32| Food - Topix.net
Dean Foods Co. stock rose 2.6% in premarket trading after the company gave first-quarter 2016 guidance that exceeds expectations.
Tags: jump
shares
guidance
dean
Outperforming Dividend Aristocrat Brings Home Da' Spam: Ups 2016 Guidance, 4 Straight EPS Beats
2016-02-22 04:30:55| Food - Topix.net
It has received 10 upward earnings revisions in the past seven days for fiscal year 2016, and has beaten consensus estimates for the past four quarters. Hey, don't sneer, the market loves this stuff! If you think it's all foie gras and caviar down on Wall Street, think again - the market has been gobbling up shares of Spam's manufacturer/marketer, food giant Hormel Foods : As we've been rediscovering in some of our recent articles , there's a whole lot of spice to some food-related stocks, whether it's food service giant Sysco Foods, , or even C-Store Gasoline Retailer Sunoco LP, , whose gas station C-Stores with Laredo Taco food locations attract repeat customers into their gas stations 40% more often than their non-Taco outlets.
Universal Electronics Inc (UEIC) Issues Q1 Earnings Guidance
2016-02-19 06:35:41| Electronics - Topix.net
Universal Electronics Inc updated its first quarter earnings guidance on Thursday. The company provided earnings per share guidance of $0.46-0.54 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.60, MarketBeat reports.
Tags: issues
electronics
universal
guidance
Sonus blasts off after Q4 beat, strong Q1 guidance; AudioCodes outperforms
2016-02-17 18:56:20| Telecom - Topix.net
In addition to beating Q4 estimates, Sonus is guiding for Q1 revenue of $58M-$59M and EPS of -$0.03 to -$0.01, above a consensus of $56.4M and -$0.04. 2016 guidance is in-line: Revenue of $255M-$265M and EPS of $0.20-$0.27 vs.a consensus of $259.8M and $0.24.
Tags: strong
beat
guidance
blasts
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