Chicago, IL September 16, 2013 Zacks Equity Research highlights Liberty Media Corporation (LMCA-Free Report) as the Bull of the Day and Heska Corporation (HSKA-Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on the Etablissements Delhaize Fr (DEG-Free Report), Haverty Furniture Cos. Inc. (HVT-Free Report) and Restoration Hardware Holdings (RH-Free Report). Here is a synopsis of all five stocks:
Bull of the Day:
As a result of solid second quarter results, earnings estimates have been rising for Liberty Media Corporation (LMCA-Free Report) sending the stock to Zacks Rank #1 (Strong Buy) with an Outperform recommendation.
Liberty Media owns interests in a broad range of media, communications and entertainment businesses, including Sirius XM, Live Nation, Charter Communications, The Atlanta Braves and Barnes & Noble.
Liberty Media reported excellent financial results for the second quarter of 2013. The quarter resulted in earnings of $0.79 per share substantially ahead of the Zacks Consensus Estimate of $0.49 per share. This strong performance was primarily attributed to the contribution from its Sirius XM Radio acquisition.Liberty had acquired controlling interest inSirius earlier this year. Total revenue was $1,078 million up sharply from $135 million in the prior-year quarter and nearly in-line with the Zacks Consensus Estimate of $1,079 million.
After excellent second quarter results, analysts have revised their earnings estimates for the company in the past few weeks. Zacks consensus estimate for the current quarter is now $0.88 per share, up from $0.50 per share, 30 days ago. Bear: Estimates have moved into the negative territory after disappointing second quarter results, sending Heska Corporation (HSKA-Free Report) to a Zacks Rank # 5 (Strong Sell) last month. Heska sells advanced veterinary diagnostic and other specialty veterinary products, including diagnostic instruments and supplies as well as single use, point-of-care tests, vaccines and pharmaceuticals.
The company's core focus is on the canine and feline markets. Heska acquired a majority interest in Cuattro Vet USA, an imaging and cloud medical data closing technology company in February this year. The company reported its second quarter results on August 7, 2013. The quarter resulted in a net loss of $2.2 million, or $0.38 per diluted share, compared to net income of $262 thousand, or $0.05 per diluted share, in the second quarter of 2012. Results were substantially worse than the estimates. Revenue for the quarter was $18.3 million, down slightly from the prior-year quarter. Total operating expenses increased to $8.6 million, or 47.1% of sales, from $7.7 million, or 42.0% of sales, in the prior year period. Zacks consensus estimates for the current quarter and year are now in the negative territory($0.11) and ($0.59) per share respectively, down substantially from $0.06 and $0.12 per share, 60 days ago. The company has reported a miss in three of last four quarters, with an average negative surprise of 224%. Additional content: Strong Buy on Delhaize Group Zacks Investment Research upgraded Etablissements Delhaize Fr (DEG-Free Report), better known as Delhaize Group, to a Zacks Rank #1 (Strong Buy) on Sep 12 after the announcement of solid second quarter 2013 results and enhanced outlook for the year.
Why the Upgrade?
Delhaize Group reported solid second quarter 2013 results on Aug 8. Organic sales increased 1.9% on the back of positive comparable store sales growth of 1.1% in the U.S. and 0.8% in Belgium. Underlying operating margin also improved to 3.6% in the second quarter (3.8% in the U.S. and 4.1% in Belgium), owing to cost cutting measures.
Delhaize Group operates through food supermarkets and operates companies in 10 countries on three continents America, Europe and Asia. These companies have been grouped into three segments for the purposes of reporting: the United States, referred to as Delhaize America, Delhaize Belgium and Southeastern Europe & Asia.
Originally posted here:
- Information Overload [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Same-Sex Marriage Gains - Iowa, DC and Vermont [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Obama and the Muslim World [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Nordyke - Incorporation of the Second Amendment to Apply to the States [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Obama's First 100 Days - Reclaiming the Constitution* [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Education Reform [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Legalize (and Tax) Vice [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Obama World vs. Cheney World [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- National Rifle Association v. Chicago (McDonald v. Chicago) Oral Arguments* [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Reconciling Liberty and Progressive Government [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Obama in the Middle East - A Respectful, Rational Voice [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Second Amendment Incorporation Update - Seventh Circuit Decision [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Strong versus Weak Judging [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Drawing the Line on the Obama Administration's National Security Practices [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Supreme Court Amicus Brief in McDonald v. Chicago [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- McDonald v. Chicago Amicus Brief - Volokh Conspiracy Link [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Healthcare Reform - Voices of Reason from Senators Wyden & Bennett [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Time to Legalize Drugs - Sensible WaPo Article [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Article in William & Mary Bill of Rights Journal: Rescuing the Fourteenth Amendment Privileges or Immunities Clause [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Just Do It - Obama Needs Backbone for Meaningful Healthcare Reform, a la FDR [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Nordyke v. King Rehearing [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Huge News - Supreme Court Grants Certiorari in McDonald v. Chicago re: Privileges or Immunities [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Obama Needs to Take Stands on Principle [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Kudos to Harry Reid for Including Public Option in Proposed Health Care Bill [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Free Radicals - Individual Efforts Can Change the World [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Destroy the Filibuster [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- McDonald v. Chicago - Petitioner's Brief [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Something on Which We Can All Agree - Less Government in Criminal Justice [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Obama Approach to Governing; Afghanistan Policy [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- McDonald v. Chicago - Law Professors' Amicus Brief [Last Updated On: December 15th, 2009] [Originally Added On: December 15th, 2009]
- Senate Passes Health Care Insurance Reform - Reflections [Last Updated On: December 25th, 2009] [Originally Added On: December 25th, 2009]
- "Radicals In Their Own TIme" - Introduction & Selected Excerpts [Last Updated On: January 1st, 2010] [Originally Added On: January 1st, 2010]
- Terrific WaPo Farewell Column by Ellen Goodman [Last Updated On: January 2nd, 2010] [Originally Added On: January 2nd, 2010]
- Same-Sex Marriage Case in California [Last Updated On: January 20th, 2010] [Originally Added On: January 20th, 2010]
- Health Care; Corporate Speech Case [Last Updated On: January 23rd, 2010] [Originally Added On: January 23rd, 2010]
- McDonald v. Chicago - Essay in Cardozo Law Review de novo Online Journal [Last Updated On: January 29th, 2010] [Originally Added On: January 29th, 2010]
- Another Response to Citizens United: Remove Supreme Court Appellate Jurisdiction [Last Updated On: February 11th, 2010] [Originally Added On: February 11th, 2010]
- Olympics Idealism [Last Updated On: March 1st, 2010] [Originally Added On: March 1st, 2010]
- Framers Believed in Virtuous (ie, Humane) Government [Last Updated On: March 21st, 2010] [Originally Added On: March 21st, 2010]
- McDonald v. Chicago - Yesterday's Oral Argument [Last Updated On: March 22nd, 2010] [Originally Added On: March 22nd, 2010]
- Radicals in Their Own Time: Four Hundred Years of Struggle for Liberty and Equal Justice in America [Last Updated On: May 21st, 2010] [Originally Added On: May 21st, 2010]
- McDonald v. Chicago decision [Last Updated On: October 11th, 2010] [Originally Added On: October 11th, 2010]
- OpEd on McDonald v Chicago Case - June/July 2010 [Last Updated On: October 11th, 2010] [Originally Added On: October 11th, 2010]
- New Blog Format [Last Updated On: October 11th, 2010] [Originally Added On: October 11th, 2010]
- New Book - Radicals in Their Own Time [Last Updated On: February 14th, 2011] [Originally Added On: February 14th, 2011]
- Liberty Property Trust Hosts First Quarter 2012 Results Conference Call [Last Updated On: March 31st, 2012] [Originally Added On: March 31st, 2012]
- Liberty Property Trust Announces First Quarter 2012 Results [Last Updated On: April 25th, 2012] [Originally Added On: April 25th, 2012]
- Liberty Energy Announces Creation of Advisory Board and Appointment of Its First Member [Last Updated On: April 25th, 2012] [Originally Added On: April 25th, 2012]
- Liberty Tire Recycling, Keep Atlanta Beautiful and City of Atlanta Tire Commission Join Forces for Large-Scale Tire ... [Last Updated On: April 25th, 2012] [Originally Added On: April 25th, 2012]
- Liberty Bowl set for afternoon kick New Year's Eve [Last Updated On: April 25th, 2012] [Originally Added On: April 25th, 2012]
- Liberty Bowl Announces Date and Time [Last Updated On: April 25th, 2012] [Originally Added On: April 25th, 2012]
- Liberty ship sinking remembered [Last Updated On: April 25th, 2012] [Originally Added On: April 25th, 2012]
- Liberty Union searching for girls basketball coach [Last Updated On: April 25th, 2012] [Originally Added On: April 25th, 2012]
- How to Do a Liberty - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- Review: The "Liberty I" Ultra Compact Compound Bow vs. "Razor Edge" and "Slingbow" - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- Heavy Rain in Liberty City: Episode 1 (Grand Theft Auto IV Machinima) - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- Jordan Page "Liberty" (Acoustic Version) - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- StarCraft II: Wings of Liberty - Cinematic Trailer - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- China 9 Liberty 37 - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- Liberty`s Kids: #05 "Midnight Ride" (1/2) - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- Madness - The Liberty of Norton Folgate Live - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- I Pledge to Join Young Americans for Liberty - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- Steve Vai - Liberty - Video [Last Updated On: April 30th, 2012] [Originally Added On: April 30th, 2012]
- North Liberty fire chief: Email blasting staff was meant to motivate [Last Updated On: May 4th, 2012] [Originally Added On: May 4th, 2012]
- FCC dismisses Liberty Media request for control of SiriusXM [Last Updated On: May 5th, 2012] [Originally Added On: May 5th, 2012]
- Liberty FCC Request to Control Sirius XM Radio Rejected [Last Updated On: May 5th, 2012] [Originally Added On: May 5th, 2012]
- FCC rejects Liberty Media bid for Sirius XM control [Last Updated On: May 7th, 2012] [Originally Added On: May 7th, 2012]
- Liberty Rocket Targets 2015 [Last Updated On: May 10th, 2012] [Originally Added On: May 10th, 2012]
- Liberty boosts SiriusXM stake above 45% [Last Updated On: May 10th, 2012] [Originally Added On: May 10th, 2012]
- One Liberty Properties, Inc. Reports First Quarter 2012 Results [Last Updated On: May 10th, 2012] [Originally Added On: May 10th, 2012]
- Liberty to boost stake in Sirius XM to 45 pct [Last Updated On: May 10th, 2012] [Originally Added On: May 10th, 2012]
- ATK Announces Complete Liberty System to Provide Commercial Crew Access [Last Updated On: May 10th, 2012] [Originally Added On: May 10th, 2012]
- Penn Liberty Wealth Advisors Expands [Last Updated On: May 10th, 2012] [Originally Added On: May 10th, 2012]
- Romney Woos Evangelicals at Liberty University [Last Updated On: May 13th, 2012] [Originally Added On: May 13th, 2012]
- Liberty opener moved to MSG due to hockey game [Last Updated On: May 13th, 2012] [Originally Added On: May 13th, 2012]
- Romney Defends Marriage and Faith in Liberty University Speech [Last Updated On: May 13th, 2012] [Originally Added On: May 13th, 2012]
- Romney Speaks At Anti-Gay Liberty University Alongside Baptist Billionaire [Last Updated On: May 13th, 2012] [Originally Added On: May 13th, 2012]
- Liberty Center girls, Archbold boys reign [Last Updated On: May 13th, 2012] [Originally Added On: May 13th, 2012]
- Romney Courts Christian Conservatives at Liberty U [Last Updated On: May 13th, 2012] [Originally Added On: May 13th, 2012]