Needham & Company Raises Price Target on ARRIS Group (ARRS) Following 2Q Beat

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Go back to Needham & Company Raises Price Target on ARRIS Group (ARRS) Following 2Q Beat

After-Hours Stock Movers 07/27: (PCMI) (GRPN) (CRUS) (FB) Higher; (INFN) (ARGS) (RCII) Lower (more...)

July 27, 2016 6:33 PM EDT

Today's After-Hours Movers

Infinera (NASDAQ: INFN) 28.9% LOWER; reported Q2 EPS of $0.21, $0.03 better than the analyst estimate of $0.18. Revenue for the quarter came in at $258.8 million versus the consensus estimate of $255.83 million. "While I am very pleased with our second quarter and year to date financial results, demand is softening in certain areas of our business and we face a difficult near-term revenue outlook,"

Ocwen Financial (NYSE: OCN) 27% HIGHER; reported Q2 EPS of ($0.71), versus the analyst... More

ARRIS Group (ARRS) Tops Q2 EPS by 19c

July 27, 2016 4:18 PM EDT

ARRIS Group (NASDAQ: ARRS) reported Q2 EPS of $0.84, $0.19 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.73 billion versus the consensus estimate of $1.7 billion.

GUIDANCE:

ARRIS Group sees Q3 2016 EPS of $0.72-$0.77, versus the consensus of... More

Trading Radar for 7/27: Facebook (FB), Boeing (BA), Comcast (CMCSA), General Dynamics (GD), Modelez (MDLZ) Report

July 26, 2016 2:56 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Durable Orders - Street sees (1.0%)Durable Orders: ex-transportation - Street sees 0.2%

Earnings:

Altria Group (NYSE: MO) - consensus EPS $0.80
Angie's List (Nasdaq: ANGI) - consensus loss $0.06
Anthem (NYSE: ANTM) - consensus EPS $3.23
Ballard Power (Nasdaq: BLDP) - consensus loss $0.04
Boeing (NYSE:... More