Weekly Comments – May 8, 2017 – ALSK, BCOR, BCPC, DAR, ERII, HCKT, LCII, OLED, POWL, STS, TTEK, WATT

ALSK  –  Quarter earnings results.  Last week Alaska Communications flat revenue of $56.7 million in first quarter ending March 2017 compared to the same period last year.  Strength in broadband activity helped make up for declines in consumer and regulatory…

BCOR  –  Updated view following financial report.  Blucora reported a string of positive metrics in its financial results for the first quarter ending March 2017, as well as preliminary data from the 2017 tax season.  Revenue increased 10% to $182.4 million…

DAR  –  Preview of financial results coming this week.  This week Thursday after the market close Darling Ingredients is scheduled to report financial results for the quarter ending March 2017.  The consensus expectation is for $0.07 in earnings per share on…

HCKT  –  View ahead of financial report.  This week Tuesday before the market open, The Hackett Group is scheduled to report financial results for the quarter ending March 2017.  The consensus estimate is for $0.23 in earnings per share on $73 million in total…

LCII  –  Updated outlook following quarter report.  LCI Industries reported $498 million in total sales in the first quarter ending March 2017, representing a year-over-year growth rate of 18%.  Strength at the top-line is driven by strong demand for recreation vehicles…

OLED  –  Trading guide revisited after earnings report, price movement.  Universal Display reported better than expected sales and earnings in the quarter ending March 2017.  Revenue of $55.6 million in the quarter provided $10.4 million in net income or…

POWL  –  Revised outlook following quarter report.  In its second fiscal quarter ending March 2017, Powell Industries reported  $104.7 million in total sales, resulting in a net loss of $800,000 or $0.07 per share.  The results were dramatically lower than the same …

STS  –  Revised view after earnings report.  The shares of Supreme Industries fell dramatically following report of the Company’s financial results for the quarter ending March 2017.  Delays in orders led to disappointing sales and earnings in the quarter.…

TTEK  –  Updated view on financial report.  Last week Tetra Tech reported better than expected financial results for the second fiscal quarter ending March 2017.  Revenue of $664 million provided $0.46 in earnings per share in the quarter.  Sales were driven by…

WATT  –  Preview of financial report.  Energous is on the calendar to report financial results for the quarter ending March 2017, on Wednesday this week after the market close.  The consensus estimate is for a loss of $0.60 on $700,000 in sales as the…

 

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