This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.
Copyright 2024 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.20% per year. These returns cover a period from January 1, 1988 through April 1, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Image: Bigstock
Q2 Earnings Soldier Forth: FIT and EA
After the closing bell this Tuesday, another slew of Q2 earnings results have been unloaded onto the Street. We pick up a couple of them here: videogame maker Electronic Arts (EA - Free Report) and smartwatch maker Fitbit have posted quarterly numbers after regular-day trading ended.
Fitbit's Q2 earnings results were better than expected on both top and bottom lines: earnings per share of 7 cents on sales of $585 million beat the 4 cents per share and $580 million expected in the Zacks consensus, respectively. This 43% positive surprise is Fitbit's 5th successive quarterly beat, which had averaged out to 167.9% per quarter. For more news on FIT's Q2 earnings, click here.
Electronic Arts posted an even bigger beat on its Q1 2017 top and bottom lines: the videogame company posted a loss of 8 cents per shares versus a loss of 14 cents in the Zacks consensus, and sales of $682 million easily bested our $651 million estimate. However, EA projected weaker guidance than expected for fiscal 2017 (ending next March). As a result, EA shares are down following the announcement. For more on EA's earnings, click here.