Momentum Stocks

B&G Foods Q2 Adjusted Profit Beats Street Mark, Misses on Revenues

B&G Foods shares rallied to a fresh record high Friday after the maker of frozen food products reported late Thursday Q2 adjusted earnings of $0.57 per share, up from $0.34 per share in the prior year period and higher than the $0.46 per share Street estimate provided by Capital IQ.[Read More…]

by July 29, 2016

Diebold Jumps 8% - Q2 EPS Handily Beats

Shares of Diebold were rallying Thursday after the company reported Q2 adjusted EPS that was well above expectations compiled by Capital IQ on lower revenues that missed forecasts. The company also reiterated its FY16 guidance. Q2 adjusted EPS was $0.43 per share, up from $0.38 per share a year earlier[Read More…]

by July 28, 2016

RTI Surgical Shares Shed 10% as Q2 Misses Views

RTI Surgical shares were lower 10% on Wednesday after the surgical implant company reported a breakeven Q2 result compared to a profit of $0.05 per diluted share a year ago, missing the $0.03 profit estimate from analysts polled by Capital IQ. Revenue in Q2 fell to $67.6 million from $71.6[Read More…]

by July 27, 2016

JetBlue Airways Share Gains as Q2 EPS Beats

Shares of JetBlue Airways (JBLU) were 6% higher on Tuesday after the airline company reported Q2 earnings that beat expectations on higher revenues that met analysts’ forecasts. The company also guided for year-over-year capacity growth in Q3 and FY16. Separately, the company said it has agreed to buy an additional[Read More…]

by July 26, 2016

Inventergy Global Shares Rise 10%

Inventergy Global shares were higher 10% on Friday after the company said it has entered into a definitive agreement with institutional investors for the private placement of $3.0 million in convertible stock and warrants. The Silicon Valley intellectual property company intends to use $2.5 million of the proceeds to redeem[Read More…]

by July 22, 2016