Jefferies Cuts Price Target on ResMed (RMD) to $56 Following 1Q Miss
- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
ResMed (RMD) Misses Q1 EPS by 2c
October 25, 2016 4:12 PM EDTResMed (NYSE: RMD) reported Q1 EPS of $0.62, $0.02 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $465.4 million versus the consensus estimate of $474.73 million.
For earnings history and earnings-related data on ResMed (RMD) click here.
... MoreTrading Radar for 10/25: Apple (AAPL), Caterpillar (CAT), Chipotle (CMG), Under Armour (UA), Juniper (JNPR) Report
October 24, 2016 2:16 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
9:00am EDT
Earnings:
3M Co. (NYSE: MMM) - consensus EPS $2.13
AK Steel (NYSE: AKS) - consensus EPS $0.13
AVANGRID, Inc. (NYSE: AGR) - consensus EPS $0.59
Allegheny Technologies (NYSE: ATI) - consensus loss $0.10
Allegiance... More