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.
Following the closing bell this afternoon, three companies sporting Zacks Rank #2 (Buy) recommendations reported Q4 earnings results: Ford (F - Free Report) , Las Vegas Sands (LVS - Free Report) and Lam Research (LRCX - Free Report) . In fact, Ford and Lam both also carry Zacks Style Scores (Volume, Growth, Momentum) of A (LVS has a Style Score of C). So how did they do?
Dearborn, MI-based Ford Motor Co. posted a disappointing bottom line result for its Q4, reporting 39 cents per share for a 3-cent miss. Quarterly sales, however, rose 7% year over year to $41.3 billion on net income growth of 65%. North American wholesale volume was up 5%. Although this is Ford's first earnings miss in the last 5 quarters, consider the one-time tax writeoff as a possible culprit here. For more on F's earnings, click here.
On a continually stronger Macau business, Las Vegas Sands posted its 4th straight earnings beat for Q4 2017: 88 cents per share versus a Zacks consensus estimate of 77 cents. Revenues of $3.44 billion easily surpassed the $3.21 billion expected. Net income in the quarter grew 124% year over year, and its Macau business rose nearly 20%. For more on LVS's earnings, click here.
Lam Research posted a notable Q2 2018 report -- depending on whether you look at GAAP or non-GAAP earnings, the Silicon Valley-based semiconductor manufacturer either earned $4.34 per share (non-GAAP) or -$0.06 (GAAP). This is on account of a massive $750 million write-down based on new U.S. tax policy; Lam holds lots of cash overseas. Guidance for full-year 2018 on the upper range is higher than the current Zacks estimates of $3.81 per share and $2.66 billion. For more on LRCX's earnings, click here.
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
Ford Misses Q4 Earnings, LVS and LRCX Both Beat
Following the closing bell this afternoon, three companies sporting Zacks Rank #2 (Buy) recommendations reported Q4 earnings results: Ford (F - Free Report) , Las Vegas Sands (LVS - Free Report) and Lam Research (LRCX - Free Report) . In fact, Ford and Lam both also carry Zacks Style Scores (Volume, Growth, Momentum) of A (LVS has a Style Score of C). So how did they do?
Dearborn, MI-based Ford Motor Co. posted a disappointing bottom line result for its Q4, reporting 39 cents per share for a 3-cent miss. Quarterly sales, however, rose 7% year over year to $41.3 billion on net income growth of 65%. North American wholesale volume was up 5%. Although this is Ford's first earnings miss in the last 5 quarters, consider the one-time tax writeoff as a possible culprit here. For more on F's earnings, click here.
On a continually stronger Macau business, Las Vegas Sands posted its 4th straight earnings beat for Q4 2017: 88 cents per share versus a Zacks consensus estimate of 77 cents. Revenues of $3.44 billion easily surpassed the $3.21 billion expected. Net income in the quarter grew 124% year over year, and its Macau business rose nearly 20%. For more on LVS's earnings, click here.
Lam Research posted a notable Q2 2018 report -- depending on whether you look at GAAP or non-GAAP earnings, the Silicon Valley-based semiconductor manufacturer either earned $4.34 per share (non-GAAP) or -$0.06 (GAAP). This is on account of a massive $750 million write-down based on new U.S. tax policy; Lam holds lots of cash overseas. Guidance for full-year 2018 on the upper range is higher than the current Zacks estimates of $3.81 per share and $2.66 billion. For more on LRCX's earnings, click here.
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 >>