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The Zacks Analyst Blog Highlights: Ford, Las Vegas Sands and Lam Research

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For Immediate Release

Chicago, IL – January 25, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Ford (F - Free Report) , Las Vegas Sands (LVS - Free Report) and Lam Research (LRCX - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Ford Misses Q4 Earnings, LVS and LRCX Beat

Following the closing bell this afternoon, three companies sporting Zacks Rank #2 (Buy) recommendations reported Q4 earnings results: Ford, Las Vegas Sands and Lam Research. 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.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.


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Ford Motor Company (F) - free report >>

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