See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
GSK PLC Sponsored ADR (GSK) - free report >>
Humana Inc. (HUM) - free report >>
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.
GSK PLC Sponsored ADR (GSK) - free report >>
Humana Inc. (HUM) - free report >>
Image: Bigstock
Earnings Data Deluge
Manufacturing Productivity in Q4 came in light of estimates this morning: 1.3% reported versus 1.6% anticipated. However, in a measure of good news, the Trade Deficit (delayed til now due to the government shutdown) was down to $49.31 billion from the $54.3 billion expected.
In Q4 earnings news, Zacks Rank #2 (Buy)-rated General Motors (GM - Free Report) outperformed expectations on both top and bottom lines: $1.43 per share versus $1.21 expected and $38.4 billion over $37 billion in the Zacks consensus, respectively. Earnings were down year over year by 13%, but sales in the quarter were 1.8% higher than in the year-ago quarter.
Big Pharma major GlaxoSmithKline (GSK - Free Report) also topped estimates for both earnings and revenues in its Q4 report, with 80 cents per share beating by a dime on $10.54 billion against expectations of $9.85 billion. EPS is now expected to decline for full-year 2019, although Vaccines were up 18% in the quarter.
Healthcare giant Humana (HUM - Free Report) also brought positive surprises to its Q4 results, with $2.65 per share outpacing the $2.53 expected on $14.17 billion improving 1.76% from estimates. Shares were up slightly in the pre-market following the quarterly release.
Take Two Interactive (TTWO - Free Report) easily surpassed fiscal Q3 expectations with $4.05 per share well ahead of the $2.75 expected, whereas revenues $1.57 billion in sales (on video games such as Grand Theft Auto) beat estimates by 5.6%. Yet weaker-than-anticipated guidance — especially after such a big beat — have sent shares of the (formerly?) Zacks Rank #1 (Strong Buy)-rated company down 13% in early trading Wednesday.