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Zacks News
LCI (LCII) Tops Q2 Earnings and Revenue Estimates
by Zacks Equity Research
LCI (LCII) delivered earnings and revenue surprises of 285.71% and 1.39%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Auto Stocks' Earnings Lined Up for Aug 4: NKLA, IAA & More
by Zacks Equity Research
Overall Q2 earnings and revenues for the auto sector are projected to be down a whopping 124.8% and 47%, year over year, respectively.
Ford (F) Q2 Loss Narrower Than Expected, Revenues Top Estimates
by Zacks Equity Research
Ford (F) expects third-quarter adjusted EBIT of $0.5-$1.5 billion.
Johnson Controls (JCI) Q3 Earnings & Sales Surpass Estimates
by Zacks Equity Research
Johnson Controls (JCI) projects organic revenues to be down 9-11% in fourth-quarter fiscal 2020.
Meritor (MTOR) Q3 Loss Narrower Than Expected, Revenues Top
by Zacks Equity Research
Meritor (MTOR) projects sales of $700 million approximately in fourth-quarter fiscal 2020.
LKQ Corp (LKQ) Q2 Earnings & Sales Beat Estimates, Down Y/Y
by Zacks Equity Research
LKQ Corp (LKQ) generates free cash flow of $686 million in Q2, up 66% year over year.
Penske (PAG) Q2 Earnings Top, Sales Miss Estimates, Down Y/Y
by Zacks Equity Research
While Penske's (PAG) earnings beat estimates in Q2, revenues miss the same amid coronavirus crisis.
General Motors (GM) Posts Narrower-Than-Expected Loss in Q2
by Zacks Equity Research
While General Motors (GM) posts a narrower-than-expected loss in Q2, revenues miss estimates
LCI (LCII) Expected to Beat Earnings Estimates: Should You Buy?
by Zacks Equity Research
LCI (LCII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Bear of the Day: Meritor (MTOR)
by David Bartosiak
Negative revisions from analysts have earnings going lower while some stocks are still flying high. When the music stops, it could be a problem.
Here's Why Momentum Investors Will Love LCI (LCII)
by Zacks Equity Research
Does LCI (LCII) have what it takes to be a top stock pick for momentum investors? Let's find out.
PACCAR (PCAR) Q2 Earnings & Sales Beat Estimates, Down Y/Y
by Zacks Equity Research
PACCAR (PCAR) projects capex of $525-$575 million for the ongoing year.
Autoliv (ALV) Q2 Loss Narrower Than Expected, Sales Top
by Zacks Equity Research
Autoliv (ALV) expects to face headwinds in the second half of 2020 amid lower inflator sales, and high depreciation and amortization costs. However, cost-cut efforts are likely to offer some respite.
Penske (PAG) Provides Operational Business Update for 2Q20
by Zacks Equity Research
Penske (PAG) anticipates to report earnings per share from continuing operations of 52-57 cents for the three months ended Jun 30, 2020.
New Strong Buy Stocks For July 17th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
Navistar Partners With TuSimple to Launch Self-Driving Trucks
by Zacks Equity Research
The partnership between Navistar (NAV) and TuSimple intends to offer a completely integrated engineering solution designed for mass production, using the manufacturing capabilities of the former.
Volkswagen to Partner With Fisker, Enable Use of MEB Platform
by Zacks Equity Research
Volkswagen's (VWAGY) MEB platform has been used by its Audi subsidiary -- Italdesign -- for the production of the Fisker Ocean SUV.
Fiat (FCAU) Mulling to Recall More Than 900K Vehicles in US
by Zacks Equity Research
Fiat (FCAU) intends to recall 1.2 million vehicles worldwide, including Chrysler Town & Country and Dodge Caravan minivans from the 2008 through 2010 model years.
Tesla (TSLA) Slashes Model Y Price on Coronavirus Crisis
by Zacks Equity Research
Tesla's (TSLA) Model Y will now be sold at $49,990 following similar price cuts to other vehicles in the company's range in May.
Here's How Daimler (DDAIF) is Battling Coronavirus Crisis
by Zacks Equity Research
Daimler (DDAIF) enforces a number of measures, including substantial staffing-level adjustments with its executives facing bigger reductions than rank-and-file workers amid the coronavirus crisis.
Lithia (LAD) Sees Recoveries in June, Acquires 2 Locations
by Zacks Equity Research
Lithia (LAD) sees significant progress in June, with same-store used vehicle unit increasing roughly 23% year over year.
Asbury to Buy Park Palace Dealerships, Issues Q2 Updates
by Zacks Equity Research
Asbury (ABG) to purchase 12 new vehicle franchises, located in the Dallas and Fort Worth market for $685 million.
Daimler (DDAIF) to Sell Facility in France, Slash Workforce
by Zacks Equity Research
Daimler (DDAIF) plans to slash workforce by more than 10,000 to reduce personnel spending by 1.4 billion euros ($1.6 billion) by 2022.
Winnebago (WGO) Q3 Loss Narrower Than Expected, Sales Top
by Zacks Equity Research
Winnebago Industries (WGO) incurs loss in fiscal third-quarter 2020 amid weak consumer demand, and disruptions across dealer network and supply chain due to coronavirus woes.
LCI (LCII) Lags Q1 Earnings and Revenue Estimates
by Zacks Equity Research
LCI (LCII) delivered earnings and revenue surprises of -17.61% and -3.39%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?