***************************
HAL
Announcing job fair August 8 - 9, 2017; Arlington, TX. Looking for those interested in working in Colorado. Local radio ad -- 3:49 p.m. Tuesday, August 1, 2017.
*****************************
EOG
EOG: big miss
- reported second quarter 2017 net income of $23.1 million, or $0.04 per share (vs estimate of 11 cents); down almost 4% in after-hours;
- this compares to a second quarter 2016 net loss of $292.6 million, or $0.53 per share
- adjusted non-GAAP net income for the second quarter 2017 was $46.7 million, or $0.08 per share, compared to an adjusted non-GAAP net loss of $209.7 million, or $0.38 per share, for the same prior year period
- exceeds crude oil, NGL and natural gas production targets
- delivers per-unit lease and well, transportation and DD&A rates below targets
- increases 2017 U.S. crude oil growth forecast to 20 percent from 18 percent
- maintains 2017 capital expenditure guidance
- reduces first-half 2017 completed well costs by an average of 7 percent
*********************************
AAPL
AAPL: up over 6% in after-hours -- huge beat APPL's 52-week high had been 156.65; after-hours as high as $159.23. First $4/share jump after hours was based on the beat; second $5/share after hours was a short squeeze. It will be worse tomorrow.
After Hours Volume, 17:19:40 p.m. Eastern Time: 10,899,602 shares
- After Hours High: $159.90
- After Hours Low: $148.804
Analysts forecast:
- 3Q17 EPS: $1.57
- 3Q17 revenue: $44.95 billion
- gross margin: 38.2%
- iPhone unit sales: 41.1 million
- iPhone average sales price: $628
- 4Q17 revenue guidance: $49.12 billion
- 3Q17 EPS: $1.67
- 3Q17 revenue: $45.4 billion
- gross margin: 38.2%
- iPhone unit sales: 41.0 million
- iPad units sales: 11.42 million
- Mac unit sales: 4.292 million
- iPhone average sales price: n/d
- 4Q17 revenue guidance: $49 billion $52 billion
***************************
MDU
Missed by 4 cents.
Press release:
A strong second quarter at its utility and construction services businesses partially offset a slow quarter at its construction materials business caused by weather-related delays and increased competition.
Second quarter earnings from continuing operations were $43.8 million, or 22 cents per share, compared to second quarter 2016 earnings from continuing operations of $46.1 million, or 24 cents per share.
Including discontinued operations, MDU Resources reported second quarter earnings of $40.6 million, or 21 cents per share, compared to a loss of $109.3 million, or 56 cents per share, in second quarter 2016.Highlights from the second quarter include:
- Electric and natural gas utility earns $5.0 million, up fro
- m $200,000 in second quarter 2016 based on stronger natural gas utility results. Pipeline and midstream results consistent with second quarter 2016, absent results from Pronghorn assets sold in early 2017. Construction services earnings up $5.4 million, a 77 percent increase on 18 percent revenue growth. Construction materials earns $21.2 million. Combined construction backlog approximately $1.4 billion, up 4 percent from second quarter 2016. Company reaffirms earnings guidance range of $1.10 to $1.25.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.