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Zacks News
Ford (F) Gets $1.7B Penalty for Faulty F-250 Trucks Fatalities
by Zacks Equity Research
Ford (F) incurs hefty penalty fee of $1.7 billion for two fatalities arising from a 2014 rollover accident of its F-250 truck with a malfunctioning roof.
Tesla (TSLA) to Bring Supercharger Network to US Non-Tesla Owners
by Zacks Equity Research
Tesla (TSLA) to launch Supercharging network in the US and offer it to non-Tesla owners to encourage the transition to battery power. Production is to begin later this year.
Are Investors Undervaluing LCI Industries (LCII) Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cummins (CMI) Q2 Earnings & Sales Beat Estimates, Rise Y/Y
by Zacks Equity Research
Cummins (CMI) registers robust growth in its top and bottom lines in second-quarter 2022. Sales across all segments except the Components unit increase year over year.
LCI (LCII) Beats Q2 Earnings and Revenue Estimates
by Zacks Equity Research
LCI (LCII) delivered earnings and revenue surprises of 17.21% and 9.87%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Group 1 (GPI) Q2 Earnings & Sales Beat Estimates, Rise Y/Y
by Zacks Equity Research
Group 1 (GPI) put up an impressive performance in second-quarter 2022, with both the top and bottom lines registering robust year-over-year growth. Sales also rise across all of its business units.
Magna's (MGA) Q2 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
Magna's (MGA) bottom line significantly declines year over year. Adjusted EBIT sees the negative impact of chip woes and high costs. A quarterly dividend of 45 cents is declared.
CNH Industrial (CNHI) Q2 Earnings Beat, Declares $300M Buyback
by Zacks Equity Research
CNH Industrial's (CNHI) bottom line increases year over year. Segment revenues, income and EBIT see growth. The company announces a $300 million share buyback.
Here Is Why Bargain Hunters Would Love Fast-paced Mover LCI (LCII)
by Zacks Equity Research
LCI (LCII) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Asbury's (ABG) Record Q2 Earnings and Sales Beat Estimates
by Zacks Equity Research
Asbury (ABG) reports all-time high EPS in the second quarter. The top and bottom lines see robust year-over-year growth.
Sonic's (SAH) Earnings Miss Estimates in Q2, Revenues Up Y/Y
by Zacks Equity Research
Sonic's (SAH) bottom line shrinks year over year while its top line sees growth. EchoPark segment reports record quarterly revenues, with growth of 12% from a year ago.
Harley-Davidson (HOG) Q2 Earnings Beat, Sales Shrink Y/Y
by Zacks Equity Research
Harley-Davidson's (HOG) bottom line registers year-over-year growth, but top line falls in second-quarter 2022. Revenues from its major business unit, Motorcycles and Related Products, shrink.
Penske (PAG) Q2 Earnings Top Estimates, Revenues Decline Y/Y
by Zacks Equity Research
Penske (PAG) registers all-time high Q2 earnings that beat estimates on better-than-anticipated gross profit in Retail Automotive and Retail Commercial Truck units.
Ford (F) Q2 Earnings Top Estimates, Dividend Hiked to 15 Cents
by Zacks Equity Research
Ford's (F) top and bottom lines witness robust year-over-year growth. The company declares a quarterly dividend payout of 15 cents per share.
O'Reilly (ORLY) Misses on Q2 Earnings & Sales, Revises View
by Zacks Equity Research
O'Reilly's (ORLY) Q2 earnings and sales increase year over year. ORLY brings down EPS and sales projections for 2022.
Volkswagen (VWAGY) ID.4 SUV Production in US to Create 1K+ Jobs
by Zacks Equity Research
Volkswagen (VWAGY) begins producing ID.4 SUV at its Tennessee plant and hopes to generate more than 1K jobs. It is the first time the crossover SUV is assembled on US soil instead of Europe.
AutoNation (AN) to Increase Autonomy's EV Subscriptions
by Zacks Equity Research
AutoNation (AN) collaborates with Autonomy to scale up its subscriptions to nearly 20K EVs. AN will also provide vehicle preparation and delivery services.
Is LCI Industries (LCII) Stock Undervalued Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tenneco (TEN) Soars 11.7%: Is Further Upside Left in the Stock?
by Zacks Equity Research
Tenneco (TEN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Are Investors Undervaluing Allison Transmission Holdings (ALSN) Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Hyliion (HYLN) Gets 10 Hypertruck ERX Units Order From Holcim
by Zacks Equity Research
Hyliion (HYLN) secures order for 10 Hypertruck ERX units from Holcim, as the latter advances toward its net zero commitment.
Volkswagen (VWAGY), Stellantis (STLA) to Pay Hefty Settlement Fees
by Zacks Equity Research
Volkswagen (VWAGY) and Stellantis (STLA) announce that they will pay settlement fines of $242 million and $300 million, respectively, over emission scandals.
GreenPower (GP) & Jupiter Wagon to Launch Prime EVs in India
by Zacks Equity Research
GreenPower (GP) inks deal with Jupiter Wagon to introduce premium zero-emission electric vehicles targeting India's market, which has the potential for a long-run momentum.
NIO to Invest $32.8M in Shanghai Battery Labs & Cell Plant
by Zacks Equity Research
NIO's investment in lithium-ion battery labs and a cell plant in Shanghai seeks to aid the R&D project in the EV space by the carmaker.
Find Strong Stocks to Buy for June and Beyond with this ROE Screen
by Benjamin Rains
Investors with long-term outlooks might consider buying strong stocks of companies with a record of turning assets into profits heading into June and beyond.