The Walt Disney Company (DIS ) just released its second quarter financial results, posting adjusted earnings of $1.84 per share and revenues of $14.55 billion.
Disney is currently a Zacks Rank #3 (Hold), which is subject to change based on today’s results. Shares of Disney are down 8% over the last year, but have popped 2.8% over the last four weeks. The company also saw its stock price sink 0.70% on Tuesday to hit $101.76 per share prior to the release of its quarterly earnings results.
Disney stock is currently up 0.60% to $102.40 per share in after-hours trading shortly after its earnings report was released.
DIS:
Beat earnings estimates. The company posted adjusted earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.68 per share.
Beat revenue estimates. The company saw revenue figures of $14.55 billion, topping our consensus estimate of $14.23 billion.
Disney saw its quarterly revenues pop roughly 9% from $13.34 billion in the year-ago period. Meanwhile, the media and entertainment giant’s adjusted EPS figure climbed roughly 23% from $1.50 per share.
Top 5 Financial Stocks To Watch Right Now: Patriot National Bancorp Inc.(PNBK)
Advisors' Opinion:- [By Shane Hupp]
Patriot National Bancorp (NASDAQ: PNBK) and Community Bank, N.A. (NYSE:CBU) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, institutional ownership, risk, analyst recommendations and profitability.
Top 5 Financial Stocks To Watch Right Now: Univest Corporation of Pennsylvania(UVSP)
Advisors' Opinion:- [By Stephan Byrd]
Univest Co. of Pennsylvania (NASDAQ:UVSP) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a report issued on Wednesday.
- [By Ethan Ryder]
The Manufacturers Life Insurance Company raised its position in shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) by 65.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 353,718 shares of the financial services provider’s stock after buying an additional 139,590 shares during the period. The Manufacturers Life Insurance Company’s holdings in Univest Co. of Pennsylvania were worth $9,799,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Univest Co. of Pennsylvania (UVSP)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Financial Stocks To Watch Right Now: CME Group Inc.(CME)
Advisors' Opinion:- [By Stephan Byrd]
First American Trust FSB grew its stake in CME Group Inc (NASDAQ:CME) by 4.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,167 shares of the financial services provider’s stock after buying an additional 639 shares during the period. First American Trust FSB’s holdings in CME Group were worth $2,650,000 at the end of the most recent reporting period.
- [By Money Morning Staff Reports]
Bitcoin prices slumped under $6,000 per coin on a day when futures contracts expired at CME Group Inc. (NYSE: CME).
But despite the recent downturn, many cryptocurrency bulls expect that institutional investors will pour into the market.
- [By Ethan Ryder]
CME Group (NASDAQ:CME) was downgraded by investment analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued on Thursday.
Top 5 Financial Stocks To Watch Right Now: Ishares Trust Dj Us Financial (IYF)
Advisors' Opinion:- [By Todd Shriber, ETF Professor]
The challenges facing EUFN may indicate the ETF will be challenged to deliver compelling risk-reward for investors. EUFN's three-year standard deviation is 18.23 percent, or more than 500 basis points above the same metric on the iShares U.S. Financials ETF (NYSE: IYF).
Top 5 Financial Stocks To Watch Right Now: Brookline Bancorp Inc.(BRKL)
Advisors' Opinion:- [By Joseph Griffin]
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
Get Brookline Bancorp alerts: Head to Head Analysis: Brookline Bancorp (BRKL) & Kearny Financial (KRNY) (americanbankingnews.com) Head-To-Head Contrast: Brookline Bancorp (BRKL) versus Northfield Bancorp (NFBK) (americanbankingnews.com) The Zacks Analyst Blog Highlights: Kforce, Burlington Stores, Brookline Bancorp, Federated National Holding and Salem Media Group (finance.yahoo.com) Brookline Bancorp (BRKL) vs. Charter Financial (CHFN) Critical Comparison (americanbankingnews.com)A number of equities research analysts have recently issued reports on the company. BidaskClub upgraded Brookline Bancorp from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. ValuEngine upgraded Brookline Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, May 23rd. Finally, Zacks Investment Research upgraded Brookline Bancorp from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Wednesday, May 16th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $17.17.
- [By Joseph Griffin]
Brookline Bancorp (NASDAQ: BRKL) and People's United Financial (NASDAQ:PBCT) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, earnings, profitability, risk, analyst recommendations and dividends.
- [By Stephan Byrd]
Brookline Bancorp, Inc. (NASDAQ:BRKL) – Equities research analysts at Piper Jaffray upped their Q3 2018 EPS estimates for shares of Brookline Bancorp in a research report issued on Thursday, May 3rd. Piper Jaffray analyst M. Breese now anticipates that the bank will post earnings of $0.28 per share for the quarter, up from their prior estimate of $0.27. Piper Jaffray has a “Hold” rating and a $16.50 price objective on the stock. Piper Jaffray also issued estimates for Brookline Bancorp’s Q4 2018 earnings at $0.29 EPS, FY2018 earnings at $1.08 EPS, Q1 2019 earnings at $0.29 EPS, Q3 2019 earnings at $0.30 EPS and FY2019 earnings at $1.18 EPS.
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