Zacks.com Announces That the Following Companies Will Release Earnings This Week: ConocoPhillips, Symantec, Aetna, Conexant Systems and Exxon Mobil.CHICAGO -- Zacks.com releases its exclusive Earnings Trends update written by Dirk Van Dijk van Dijk can refer to:
See: New York Stock Exchange :COP), Symantec Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SYMC SYMC Symantec Corporation (stock symbol) ), Aetna, Inc. (NYSE:AET AET Aetna, Inc. AET After Extra Time AET Actual Evapotranspiration AET Alliance for Environmental Technology AET Alpha-Ethyltryptamine AET Applied Extrusion Technologies, Inc. ), Conexant Systems (NASDAQ:CNXT) and Exxon Mobil Corporation Exxon Mobil Corporation U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores. (NYSE:XOM XOM Exxon Mobil Corporation (stock symbol) XOM X/Open Object Management XOM OSI-Abstract-Data Manipulation API XOM Xml Object Model XOM X/Open Osi Abstract Data Manipulation ). To see this week's full report then visit: http://at.zacks.com/?id=105 This vital update provides investors with timely information regarding companies that will be reporting their earnings in the coming week, how companies' earnings faired the week prior, exclusive sector rankings, and earnings commentary. Below you will find a synopsis of this week's earnings commentary including estimates and the Zacks Rank for the previously mentioned companies. Companies Making an Announcement This Week: Ticker Company Name Date EPS Estimate ZacksRank(a) ------ ------------ ---- ------------ ------------ COP ConocoPhillips 07/26 2.74 2 SYMC Symantec Corp. 07/26 .18 3 AET Aetna, Inc. 07/27 .64 3 CNXT Conexant Sys 07/27 .02 3 XOM Exxon Mobil Corp. 07/27 1.60 2 To see the complete Weekly Earnings and Sector Update with the entire list of companies reporting this week and sector rankings, click http://at.zacks.com/?id=106 Synopsis of Weekly Earnings and Sector Update by Dirk Van Dijk Despite the negative news flow, earnings season has been good, particularly in terms of earnings of relative to expectations. We are well on our way to yet another quarter of double-digit year-over-year gains. Positive surprises have outnumbered Outnumbered is a British sitcom that aired on BBC One in 2007.[1] It stars Hugh Dennis and Claire Skinner as a mother and father who are outnumbered by their three children. disappointments by more than 5:1. Every sector has so far reported more positive surprises than disappointments. The median firm has reported year-over-year growth of 13.1%, and 3.4% ahead of expectations. However, several companies have come in a bit light on revenues, or have made somewhat downbeat down·beat n. 1. Music a. The downward stroke made by a conductor to indicate the first beat of a measure. b. The first beat of a measure. 2. Informal A period of stagnation or inactivity. comments about the outlook for either the third quarter or the second half. Note that if a firm reports inline earnings, but lower than expected revenues, by definition it means that its margins are better than expected. However, it is still early in the earnings season, with less than a third of the reports in. We define the second quarter as the period ending in May, June or July. Therefore, the companies that have reported so far are not a totally representative sample. For example, over half the reports are in for the Financial sector, but almost all the Utilities and Telecom firms are yet to report. Nonetheless, the reports are coming in fast and furious now, and Dirk is starting to get a realistic picture of what the quarter will be like. But, let's be honest, geopolitical ge·o·pol·i·tics n. (used with a sing. verb) 1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation. 2. a. events are likely to have a bigger impact on market psychology right now than earnings surprises. About the Zacks Rank Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." A $10,000 investment in the Zacks Rank list made in 1988 would now be worth $1.82 million - equivalent to a 33% annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. return! During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8%, while the S&P 500 tumbled 37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 129.7% annually (+5.2% vs. +11.9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively. Truly taking advantage of the Zacks Rank requires the understanding of how it works. That's why we created the free special report, "Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions." Download your free copy now to prosper in the years to come by going to http://at.zacks.com/?id=107 About Zacks Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros http://at.zacks.com/?id=108 Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer: The Zacks Rank performance is the total return of equal weighted simulated portfolios consisting of those stocks with the indicated Zacks Rank net of fees. Results reflect the reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of dividends and other earnings. Simulated results do not represent actual trading and may not reflect the impact that economic and market factors might have had on decision-making if an adviser were actually managing a client's money. (a)The S&P 500 Index is a well-known, unmanaged index of the prices of 500 large-company common stocks, mainly blue-chip stocks Noun 1. blue-chip stock - a common stock of a nationally known company whose value and dividends are reliable; typically have high price and low yield; "blue chips are usually safe investments" blue chip , selected by Standard & Poor's. The S&P 500 Index assumes reinvestment of dividends but does not reflect advisory fees. An investor cannot invest directly in an index. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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