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Zacks News
Group 1 (GPI) Q2 Earnings & Sales Beat Estimates, Rise Y/Y
by Zacks Equity Research
Group 1 (GPI) put up an impressive performance in second-quarter 2022, with both the top and bottom lines registering robust year-over-year growth. Sales also rise across all of its business units.
Magna's (MGA) Q2 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
Magna's (MGA) bottom line significantly declines year over year. Adjusted EBIT sees the negative impact of chip woes and high costs. A quarterly dividend of 45 cents is declared.
CNH Industrial (CNHI) Q2 Earnings Beat, Declares $300M Buyback
by Zacks Equity Research
CNH Industrial's (CNHI) bottom line increases year over year. Segment revenues, income and EBIT see growth. The company announces a $300 million share buyback.
Looking for a Growth Stock? 3 Reasons Why Genuine Parts (GPC) is a Solid Choice
by Zacks Equity Research
Genuine Parts (GPC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Asbury's (ABG) Record Q2 Earnings and Sales Beat Estimates
by Zacks Equity Research
Asbury (ABG) reports all-time high EPS in the second quarter. The top and bottom lines see robust year-over-year growth.
Sonic's (SAH) Earnings Miss Estimates in Q2, Revenues Up Y/Y
by Zacks Equity Research
Sonic's (SAH) bottom line shrinks year over year while its top line sees growth. EchoPark segment reports record quarterly revenues, with growth of 12% from a year ago.
Harley-Davidson (HOG) Q2 Earnings Beat, Sales Shrink Y/Y
by Zacks Equity Research
Harley-Davidson's (HOG) bottom line registers year-over-year growth, but top line falls in second-quarter 2022. Revenues from its major business unit, Motorcycles and Related Products, shrink.
Genuine Parts Company (GPC) Soars to 52-Week High, Time to Cash Out?
by Zacks Equity Research
Genuine Parts (GPC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Genuine Parts' (GPC) Q2 Earnings Maintain Beat Streak
by Zacks Equity Research
Genuine Parts (GPC) puts up a stellar Q2 show, with earnings and sales surpassing estimates as well as rising year over year. Encouragingly, the company also lifts its 2022 view.
Genuine Parts (GPC) Q2 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Genuine Parts (GPC) delivered earnings and revenue surprises of 8.91% and 6.39%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
What's in Store for Genuine Parts (GPC) This Earnings Season?
by Zacks Equity Research
The Zacks Consensus Estimate for Genuine Parts' (GPC) Q2 earnings and revenues is pegged at $2.02 and $5.27 billion, respectively.
Ferrari (RACE) to Begin EUR 150M First Tranche of Share Buyback
by Zacks Equity Research
Ferrari (RACE) is set to commence the first tranche of its new 2-billion euros share buyback program. The tranche will be executed through a bank and the New York Stock Exchange.
Nissan (NSANY) Recalls 300K+ SUVs in US Over Hood Glitch
by Zacks Equity Research
Nissan (NSANY) announces a recall impacting more than 300,000 Pathfinder SUVs in the U.S. over a malfunctioning hood that may increase the risk of a crash by obstructing the driver's view.
Ford (F) Eliminates End-of-Lease Buyout Options for its EVs
by Zacks Equity Research
Ford (F) announces the removal of buyout options at the end-of-lease period for all its EVs. The changes to its lease policy will support its EV battery recycling and materials.
Ford (F) Issues Recall of F-150 Trucks on Tire Pressure Hitch
by Zacks Equity Research
Ford (F) recalls more than 2.5K F-150 Lightning pick-up trucks in the US and Canada over a defective tire pressure monitoring system that might disable warning alerts in case of a low tire pressure situation.
Cummins (CMI) & Komatsu Partner for Zero-Emission Equipment
by Zacks Equity Research
Cummins (CMI) signs MoU with Komatsu to focus on zero-emission solutions and power technologies for sustainable mining options.
Volkswagen (VWAGY) to Sell Minority Stake in Electrify America
by Zacks Equity Research
Volkswagen (VWAGY) to sell stake in its Electrify America subdivision to Siemens for $2 billion. It launches its all-electric sedan, ID. Aero Concept.
Tesla (TSLA) to Upgrade Giga Shanghai to Bolster Capacity
by Zacks Equity Research
Tesla (TSLA) set for a massive ramp up of Gigafactory Shanghai. The upgrades to Model Y and Model 3 seek to scale up capacity to more than 21,000 EVs weekly, making the unit the largest vehicle export hub.
Genuine Parts (GPC) is a Top-Ranked Value Stock: Should You Buy?
by Zacks Equity Research
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Zacks.com featured highlights include PBF Energy, Genuine Parts, RingCentral and Waters
by Zacks Equity Research
PBF Energy, Genuine Parts, RingCentral and Waters are part of the Screen of the Week article.
4 Stocks With Upgraded Broker Ratings to Consider Right Now
by Swayta Shah
One must follow rating upgrades by brokers as they have a deeper understanding of the stocks. We choose PBF Energy (PBF), Genuine Parts (GPC), RingCentral (RNG) and Waters (WAT) as these witness ratings upgrades.
Standard Motor Products (SMP) Down 3.9% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Standard Motor Products (SMP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
by Zacks Equity Research
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
General Motors (GM), POSCO to Invest in Quebec Battery Unit
by Zacks Equity Research
General Motors (GM) inks deal with POSCO to work on a joint cathode battery venture in Quebec to get supply of the core EV component.
Hyliion (HYLN) Gets 10 Hypertruck ERX Units Order From Holcim
by Zacks Equity Research
Hyliion (HYLN) secures order for 10 Hypertruck ERX units from Holcim, as the latter advances toward its net zero commitment.