Wednesday, September 27, 2017


This is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or what you think you may have read here. If this is important to you, go to the source. There will be factual and typographical errors on this page. If something looks wrong, it probably is.

Earnings for the current quarter will be reported at this page; the link will be on the sidebar at the right, under "Earnings Central." When we start to see earnings reports for any quarter, the "Earnings Central" link is moved to the top of the sidebar until the earnings season is over.

I don't have time to check/update earnings on all companies that might interest me or readers.

Much of this information is done in haste. I assume there are factual and typographical errors. It is for my personal use only. If this information is important to you, go to the source.

Note: by 4Q16 I lost a lot of interest in tracking earnings. I'm not sure where I will go with this page. In fact, there are more and more days when ... no, I won't go there. 

November 3, 2017:
  • EOG
    • 3Q17 net income: $100.5 million vs a loss one year earlier
    • EPS: 17 cents/share; adjusted, 19 cents/share
    • forecast: 10 cents/share
    • revenue: $2.64 billion vs $2.58 billion forecast

October 26, 2017:
October 25, 2017:
Ford shares jump 1.5% pre-market as earnings blow through estimates -- 39 cents/share vs 24 cents/share a year earlier. Adjusted, 46 cents beat by a wide margin the consensus of 33 cents. This is the important take-away:
  • the 1.5% is a non-story
  • the big story is this: another US success story -- making America great
  • for the past three months, nothing but concerns about how Ford might be doing
  • folks wouldn't be buying cars, SUVs, trucks if they weren't optimistic; if the economy wasn't doing well
  • this story: reflects the health of the US economy
  • remember: GM had great quarter also; link here; cost-cutting; shift to higher-margin trucks and SUVs; shares jumped to record high; reduced glut; blew through estimates; $1.32 vs forecast of $1.14;
  • in the case of the automakers, U.S. car and light truck sales have so far defied predictions of a significant slump. September sales hit the fastest pace in 12 years as residents of Texas and Florida rushed to replace cars damaged by storms
October 24, 2017:
  • CAT: huge earnings report
  • GM: beats estimates for eighth straight quarter
  • McDonald's: does okay

October 22, 2017:
HAL. Halliburton profit tops estimates on strong North America demand. Reuters even used the word "surged" -- a word we don't often see these days in the oil sector except when combined with production, such as "production surged." Data points:
  • revenue surges 91%
  • revenue from North America at $3.16 billion
  • total revenue rose 42% to $5.44 billion
  • profit: 42 cents a share vs 1 cent per share a year earlier
  • profit: $365 million most recent quarter vs $6 million one year earlier
  • analysts forecast: 37 cents/share

October 21, 2017
October 20, 2017
  • GE: from Reuters: even before the stock's decline on Friday, GE produced a total return - share appreciation plus reinvested dividends - of just 0.64 percent over the last 16 years. A $1,000 investment on the day former CEO Jeff Immelt started his tenure would be worth $1,006.38 today. Immelt stepped down August 1, 2017
  • GE: from same link:  it would generate only about $7 billion in cash from operations, down from $12 billion to $14 billion it had forecast earlier. It left its dividend unchanged
  • GE: $1 billion operating cash flow (talking head on CNBC); dividends: $8 billion/year (CNBC)
  • GE: "power" division is the big story; it would be interesting to know what percent renewables make up the "power" division
  • GE: it seems this, the GE story, is an open-book test
October 19, 2017
  • Bank of New York Mellon Corp's better-than-expected profit in the third quarter failed to impress investors, who focused instead on the bank's lower foreign exchange trading revenue.
  • Shares of the world's largest custodian bank fell 3.7 percent in morning trading on Thursday.
October 17, 2017
  • NFLX (Netflix): down 3.5% after reporting great subscription numbers; profit-taking; traded at new high earlier today
  • watching for BK on October 19, 2017, when earnings are reported
  • GS, down 2.3% today but surprises with a "beat"; and it was a huge beat; EPS of $5.02 vs estimate of $4.17 (huge; a 20% beat); and revenue of $8.3 billion vs estimate of $7.5 billion (again, huge; an 11% beat)
Oil E&P: see this RBN Energy story here.

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