Gaming console video game maker Activision beat estimates on both the top and bottom line after the bell Thursday. The Zacks Rank #2 (Buy) stock posted 27 cents per share, beating our consensus by 11 cents, on $1.2 billion in revenues. Analysts had been looking for $1,1 billion. For more, click here.
Shake Shack (SHAK - Free Report) reported Q1 earnings and revenues that also topped estimates after today's regular trading close. The hamburger boutique brought in 10 cents per share, a 2-cent beat, on $76.7 million in sales for the quartert, above the projected $75.4 million. However, full-year sales growth for 2017 is currently estimated to be flat year over year, partially accounting for the late-trading selloff. For more, click here.
Social media game developer Zynga also released Q1 earnings after the bell, reporting -$0.01 per share (matching the Zacks consensus) on sales of $194 million, which missed expectations, albeit slightly. However, shares are up in late trading due to a 14% increase in bookings for the quarter and upwardly revised bookings estimates for Q2. For more, click here.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Gaming console video game maker Activision beat estimates on both the top and bottom line after the bell Thursday. The Zacks Rank #2 (Buy) stock posted 27 cents per share, beating our consensus by 11 cents, on $1.2 billion in revenues. Analysts had been looking for $1,1 billion. For more, click here.
Shake Shack (SHAK - Free Report) reported Q1 earnings and revenues that also topped estimates after today's regular trading close. The hamburger boutique brought in 10 cents per share, a 2-cent beat, on $76.7 million in sales for the quartert, above the projected $75.4 million. However, full-year sales growth for 2017 is currently estimated to be flat year over year, partially accounting for the late-trading selloff. For more, click here.
Social media game developer Zynga also released Q1 earnings after the bell, reporting -$0.01 per share (matching the Zacks consensus) on sales of $194 million, which missed expectations, albeit slightly. However, shares are up in late trading due to a 14% increase in bookings for the quarter and upwardly revised bookings estimates for Q2. For more, click here.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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