We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Chipotle Mexican Grill (CMG - Free Report) , while posting big earnings growth numbers year over year, missed the Zacks consensus estimates on both top and bottom lines in its fiscal Q3 2017. Earnings of $1.33 per share missed the $1.56 expected, whereas quarterly sales of $1.13 billion came in lower than the $1.33 billion estimate.
Same-store comps year over year only grew 1%, beneath the 1.2% anticipated, reportedly on losses due to last month's Hurricanes Harvey and Irma in Texas and Florida. The Zacks Rank #5 (Strong Sell) company is selling off more than 7% at this hour in late trading. For more info on Chipotle's Q3 earnings, click here.
The second-largest telecom provider in the U.S., AT&T (T - Free Report) , posted a Q3 earnings miss after the closing bell today, missing the Zacks consensus estimate of 75 cents per share by a penny. Revenues were also lighter than expected, raking in $39.67 billion as opposed to the $40.27 billion we had expected. Shares are down just modestly in after-market trading.
Peeking beneath the headline numbers, AT&T reported it had its best wireless results ever. The company totaled 3 million net subscriber adds, while the telecom major experienced lower churn rates in the quarter, another positive development. For more info on AT&T's Q3 earnings, click here.
On the other hand, Silicon Valley's Advanced Micro Devices (AMD - Free Report) easily outperformed expectations on both earnings and sales for its Q3 results: earnings of 10 cents per share topped the 8 cents in the Zacks consensus (as well as more than tripling the year-ago quarter's 3 cents per share), while $1.64 billion in revenues in the quarter beat the $1.51 billion expected, which was already a 15% improvement from the year-ago quarter. However, Q4 revenue guidance is expected to drop 15% quarter over quarter, and AMD shares are down 6% in late trading, as well.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Chipotle, AT&T Post Q3 Earnings Misses, AMD Beats
Chipotle Mexican Grill (CMG - Free Report) , while posting big earnings growth numbers year over year, missed the Zacks consensus estimates on both top and bottom lines in its fiscal Q3 2017. Earnings of $1.33 per share missed the $1.56 expected, whereas quarterly sales of $1.13 billion came in lower than the $1.33 billion estimate.
Same-store comps year over year only grew 1%, beneath the 1.2% anticipated, reportedly on losses due to last month's Hurricanes Harvey and Irma in Texas and Florida. The Zacks Rank #5 (Strong Sell) company is selling off more than 7% at this hour in late trading. For more info on Chipotle's Q3 earnings, click here.
The second-largest telecom provider in the U.S., AT&T (T - Free Report) , posted a Q3 earnings miss after the closing bell today, missing the Zacks consensus estimate of 75 cents per share by a penny. Revenues were also lighter than expected, raking in $39.67 billion as opposed to the $40.27 billion we had expected. Shares are down just modestly in after-market trading.
Peeking beneath the headline numbers, AT&T reported it had its best wireless results ever. The company totaled 3 million net subscriber adds, while the telecom major experienced lower churn rates in the quarter, another positive development. For more info on AT&T's Q3 earnings, click here.
On the other hand, Silicon Valley's Advanced Micro Devices (AMD - Free Report) easily outperformed expectations on both earnings and sales for its Q3 results: earnings of 10 cents per share topped the 8 cents in the Zacks consensus (as well as more than tripling the year-ago quarter's 3 cents per share), while $1.64 billion in revenues in the quarter beat the $1.51 billion expected, which was already a 15% improvement from the year-ago quarter. However, Q4 revenue guidance is expected to drop 15% quarter over quarter, and AMD shares are down 6% in late trading, as well.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>