For Immediate Release
Chicago, IL – February 9, 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 NVIDIA (NVDA - Free Report) , FireEye (FEYE - Free Report) , Even Activision (ATVI - Free Report) and Skechers (SKX - Free Report) .
Here are highlights from Thursday’s Analyst Blog:
After-Market Q4 Earnings Bounce Back: NVDA, FEYE, ATVI and More
Following the second quadruple-digit drop in the Dow for the past week, Q4 earnings reports released after the bell has provided somewhat of a bounce-back for stocks that outperformed. A huge number of late earnings are hitting the tape; here are some of the highlights:
One of the biggest tech plays of 2017, NVIDIA, keeps the good news coming with a major beat on top- and bottom-lines after Thursday’s closing bell. Shares are up 11% following 80% growth in earnings to $1.78 per share, far in front of the $1.16 per share expected. Revenues in the quarter, themselves up 34% year over year, posted $2.91 billion, well ahead of the $2.67 billion we had anticipated. For more on NVDA’s earnings, click here.
Cybersecurity growth play FireEye is performing even stronger in the late session, up 13%, following its quarterly swing to a positive earnings figure of a penny per share from the -$0.01 per share expected. Revenues of $202.3 million topped the $193.6 million in the Zacks consensus, up 10% year over year. For more on FEYE’s earnings, click here.
Even Activision, which only just met estimates of 94 cents in its just-reported quarter on revenues of $2.64 billion above the $2.61 billion expected, is up more than 3% in after-market trading. The video game giant posted a record number of total bookings in the quarter, and raised guidance for next quarter and full-year 2018. For more on ATVI’s earnings, click here.
Footwear retailer Skechers is also seeing a bounce to its share price — up 4.7% after hours — following the company’s big beat on top- and bottom-lines: 21 cents per share easily outpaced the 13 cents expected, and sales in the quarter of $970.6 million zoomed past the $879.7 million expected, for a 27% gain year over year. For more on SKX’s earnings, click here.
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