NEW YORK, February 18, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Vipshop Holdings (NYSE: VIPS), Waste Management (NYSE: WM), Goodyear Tire (NASDAQ: GT), Medtronic (NYSE: MDT), and Cementos Pacasmayo (NYSE: CPAC). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
VIPS Research Report: ( http://get.analystsreview.com/pdf/?c=Vipshop%20Holdings&d=18-Feb-2015&s=VIPS ),
WM Research Report: ( http://get.analystsreview.com/pdf/?c=Waste%20Management&d=18-Feb-2015&s=WM ),
GT Research Report: ( http://get.analystsreview.com/pdf/?c=Goodyear%20Tire&d=18-Feb-2015&s=GT ),
MDT Research Report: ( http://get.analystsreview.com/pdf/?c=Medtronic&d=18-Feb-2015&s=MDT ),
CPAC Research Report: ( http://get.analystsreview.com/pdf/?c=Cementos%20Pacasmayo&d=18-Feb-2015&s=CPAC ).
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Analyst Update: Earnings Beat
Reviewed by: Rohit Tuli, CFA®
The US market ended Tuesday's session with modest gains on growing optimism among investors that Greece will seek an extension to its rescue deal on Wednesday, following an unsuccessful talk on Monday. Although three US key benchmark indices started the day in the negative zone, stocks gained momentum in the afternoon hours as investors kept an eye on talks between Greece and its Eurozone creditors, helping S&P 500 and Dow Jones Industrial Average to score fresh records at day end. The S&P 500 gained 3.35 points or 0.16% to end at 2,100.34, another new record closing high. The Dow edged up 28.26 points or 0.16% to 18,047.58, which is a new 2015 record, while the NASDAQ Composite inched up 5.43 points or 0.11% to 4,899.27. During the day, US traders also largely shrugged off report from the National Association of Home Builders that showed an unexpected deterioration in homebuilder confidence. Meanwhile, the European market ended on mixed note on Tuesday on reports of Greece's resistance towards an extension of the current bailout program, while Eurozone ministers refused to loosen their terms.
The Chinese online discount retailer Vipshop Holdings Limited came out with its fourth quarter earnings after markets hours on Monday, February 16. The Company reached a three month high after beating Q4'14 estimates and guiding Q1'15 revenues above consensus. The shares skyrocketed on Tuesday, finishing the day 15.2% higher at $25.11. Continue reading about Vipshop Holdings Limited's fourth quarter and full-year 2014 performance in our research report.
Shares in Waste Management, Inc. (Waste Management) made a new 52-week high of $54.49 on Tuesday, February 17, as they rallied 5.17% on the back of robust fourth quarter and full year 2014 results, which were led by strong pricing and cost controls at the Company. Waste Management reported net income of $590 million for the quarter, reviving from net loss of $605 million for the fourth quarter of 2013. Adjusted EPS of 67 cents for the quarter exceeded the Zacks Consensus Estimate of 61 cents. To read more on the quarterly performance of the waste management services provider, visit our research report on Waste Management.
Shares of The Goodyear Tire & Rubber Company (Goodyear Tire) increased 2.74% to end Tuesday's trading session at $26.62 as its Q4 2014 earnings topped consensus analyst estimates. The Company's Q4 2014 Non-GAAP net income of $0.59 per diluted share, marginally exceeded both Reuters and Zacks Consensus Estimate of $0.58 for the quarter. Know more about the fourth quarter and full year performance of Goodyear Tire in our research report.
Medtronic Plc, (Medtronic) reported strong growth in net income in its last quarter before completing its $43 billion acquisition of Covidien PLC. Net income for Q3 FY 2015 increased to $977 million, or $0.98 per diluted share, from $762 million, or $0.75 per diluted share in Q3 FY 2014. Adjusted EPS for the quarter came in at $1.01, up 11.0% YoY and exceeded the average estimates of $0.97 compiled by Bloomberg. To know more on the quarterly performance of Medtronic, visit our research report.
Cementos Pacasmayo ADR (Cementos Pacasmayo) shares gained 2.65% to close the session at $8.52 on Tuesday, February 17, 2015, the day following its Q4 2014 and full-year 2014 earnings release. The Company's Q4 2014 net income increased 92.9% YoY to (Peruvian Nuevos Soles) PEN67.5 million, while gross profit grew 13.7% YoY to PEN145.1 million during the quarter. Know more about Cementos Pacasmayo's earnings in our research report.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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