In its upcoming report, East West Bancorp (EWBC) is predicted by Wall Street analysts to post quarterly earnings of $2.13 per share, reflecting an increase of 5.5% compared to the same period last year. Revenues are forecasted to be $654.31 million, representing a year-over-year decrease of 0.1%.The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estim ...

Wall Street analysts forecast that Glacier Bancorp (GBCI) will report quarterly earnings of $0.53 per share in its upcoming release, pointing to a year-over-year increase of 8.2%. It is anticipated that revenues will amount to $221.85 million, exhibiting an increase of 12.4% compared to the year-ago quarter.The current level reflects an upward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reapprai ...

The upcoming report from Eastern Bankshares, Inc. (EBC) is expected to reveal quarterly earnings of $0.30 per share, indicating an increase of 200% compared to the year-ago period. Analysts forecast revenues of $210.25 million, representing an increase of 31.4% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings di ...

Datadog (DDOG) has emerged as a formidable leader in the cloud monitoring and security space, with its stock rallying 15.1% over the past six months. Despite operating in a competitive landscape with established players like New Relic, Dynatrace and Splunk, DDOG has successfully differentiated itself through its unified platform approach and comprehensive multi-cloud integrations. At the heart of Datadog's strategy is its ability to provide comprehensive visibility across multi-cloud infrastructures. By int ...

If you thought our angle on this company was interesting, you may want to check out our idea room, The Value Lab . We focus on long-only value ideas of interest to us, where we try to find international mispriced equities and target a portfolio yield of about 4% . We've done really well for ourselves over the last 5 years, but it took getting our hands dirty in international markets. If you are a value-investor, serious about protecting your wealth, our gang could help broaden your horizons and give some in ...

Electricity and power generation stock Vistra Corp (NYSE:VST) is down 1.7% at $171.09 at last check, following news of a fire at the company's battery facility in its Moss Landing power plant in Monterey County, California. The incident prompted local evacuations and affected 40% of a building containing lithium-ion batteries.The shares are taking a breather from yesterday's record peak of $178.40, but are still well above their 20-day moving average. VST also sports a healthy 341.5% year-over-year lead, an ...

BP plc (BP) , the British oil and gas giant, has announced job cuts to reduce its global workforce as part of its cost-cutting initiatives to restore investors’ confidence in the energy stock. The company will reduce its global staff by 5%, including almost 4,700 employees and 3,000 contractor positions. Per Reuters, the job cuts were announced in an internal memo.BP’s CEO Auchincloss has mentioned that the company aims to reduce costs by at least $2 billion by the end of 2026. Auchincloss also mentioned th ...

SLB (SLB) reported fourth-quarter 2024 earnings of 92 cents per share (excluding charges and credits), which beat the Zacks Consensus Estimate of 90 cents. The bottom line also increased from the year-ago quarter’s level of 86 cents.The oilfield service giant recorded total quarterly revenues of $9.28 billion, which beat the Zacks Consensus Estimate of $9.18 billion. The top line improved from the year-ago quarter’s figure of $8.99 billion.The strong quarterly earnings were primarily driven by broad-based e ...

CSX Corporation (CSX) is scheduled to report fourth-quarter 2024 results on Jan. 23, 2025, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.CSX has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters and missed once, the average beat being 0.6%.Let’s see how things have shaped up for CSX this earnings season.CSX’s Q4 ExpectationsThe Zacks Consensus Estimate for CSX’s fourth-quarter 2024 rev ...

Shares of Cardinal Health (CAH) have been strong performers lately, with the stock up 8.6% over the past month. The stock hit a new 52-week high of $127.08 in the previous session. Cardinal Health has gained 7.4% since the start of the year compared to the -3.8% move for the Zacks Medical sector and the 5.1% return for the Zacks Medical - Dental Supplies industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimat ...