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.
Coke & Under Armour Earnings Impress As Wall Street Braces for Facebook
Read MoreHide Full Article
On today’s episode of Free Lunch, Ryan McQueeney recaps earnings results from Under Armour, Coca-Cola, BP, and General Electric. Later, he talks to Dave Bartosiak about Facebook’s upcoming earnings report and whether Amazon stock has found a bottom.
Free Lunch is presented by Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
U.S. stocks were hoping to establish a bottom this morning, and a handful of positive earnings results helped inspire some optimism on that front.
Notably, Under Armour (UAA - Free Report) reported earnings of $0.25 per share that crushed the expected $0.12. The athletic apparel company has put together quite the rebound year, and its shares were surging more than 20% in morning trading as a result.
Elsewhere, Coca-Cola (KO - Free Report) also topped estimates, citing global strength from its water and sports drinks and impressive growth from Coca-Cola Zero Sugar in North America. The beverage behemoth is now doubling down on healthier beverages and plans to launch its smartwater brand in 20 additional markets by the end of the year.
BP (BP - Free Report) joined the list of pre-market reporters beating estimates, posting earnings of $1.15 per share against expectations of $0.86 per share. Profits at the oil giant doubled in the quarter thanks to higher oil prices, and BP rewarded its shareholders with a 2.5% dividend hike.
Not quite making the cut this morning was General Electric (GE - Free Report) . The struggling conglomerate reported its third earnings miss in the past five quarters and lowered its dividend to just a penny per share, underscoring fears that GE’s transitionary period still had pain left for investors.
Ryan covers all of these stories on the first half of today’s show! Make sure to check it out for all the key facts and Ryan’s perspective.
Later, the host is joined by Zacks Strategist Dave Bartosiak to chat about Amazon (AMZN - Free Report) and Facebook . Amazon shares faded hard into the close on Monday, suggesting that its post-earnings selloff might not be finished yet, while investors await Facebook’s latest earnings results nervously.
Has Amazon found a bottom yet? What does Facebook have in store for Wall Street this afternoon? Tune into today’s show to find out what Dave has to say!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
Coke & Under Armour Earnings Impress As Wall Street Braces for Facebook
On today’s episode of Free Lunch, Ryan McQueeney recaps earnings results from Under Armour, Coca-Cola, BP, and General Electric. Later, he talks to Dave Bartosiak about Facebook’s upcoming earnings report and whether Amazon stock has found a bottom.
Want more video content from Zacks? Subscribe to Zacks Investment News now!
Free Lunch is presented by Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
U.S. stocks were hoping to establish a bottom this morning, and a handful of positive earnings results helped inspire some optimism on that front.
Notably, Under Armour (UAA - Free Report) reported earnings of $0.25 per share that crushed the expected $0.12. The athletic apparel company has put together quite the rebound year, and its shares were surging more than 20% in morning trading as a result.
Elsewhere, Coca-Cola (KO - Free Report) also topped estimates, citing global strength from its water and sports drinks and impressive growth from Coca-Cola Zero Sugar in North America. The beverage behemoth is now doubling down on healthier beverages and plans to launch its smartwater brand in 20 additional markets by the end of the year.
BP (BP - Free Report) joined the list of pre-market reporters beating estimates, posting earnings of $1.15 per share against expectations of $0.86 per share. Profits at the oil giant doubled in the quarter thanks to higher oil prices, and BP rewarded its shareholders with a 2.5% dividend hike.
Not quite making the cut this morning was General Electric (GE - Free Report) . The struggling conglomerate reported its third earnings miss in the past five quarters and lowered its dividend to just a penny per share, underscoring fears that GE’s transitionary period still had pain left for investors.
Ryan covers all of these stories on the first half of today’s show! Make sure to check it out for all the key facts and Ryan’s perspective.
Later, the host is joined by Zacks Strategist Dave Bartosiak to chat about Amazon (AMZN - Free Report) and Facebook . Amazon shares faded hard into the close on Monday, suggesting that its post-earnings selloff might not be finished yet, while investors await Facebook’s latest earnings results nervously.
Has Amazon found a bottom yet? What does Facebook have in store for Wall Street this afternoon? Tune into today’s show to find out what Dave has to say!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>