Financial results are the key drivers and are directly linked to the stocks’ performance. Here are some stocks with financial result announcements and expectations.
Aetna Inc. (NYSE:AET), a health insurer, added +$1.84 or +4.14% to settle at $46.32 after it projected that it will boost both revenue and profit coming year as it digests a large acquisition and gears up for key changes under the US health-care overhaul law.
The firm’s chief executive, Mark Bertolini, started Aetna’s investor conference Wednesday, underlining ways Aetna is pushing for fresh collaborations with health providers and citing that the firm has a sustained commitment to hit low double-digit operating earnings per share expansion on average after a while. [article_detail_ad_1]
FMC Corporation (NYSE:FMC) added +$2.99 or +5.52% to settle the trade at $57.20 after announcement that it anticipates revised per-share earnings expansion in the mid-teens percent range against 2012, and that it anticipates this to grow approximately 18% to 22% in between 2012 and 2015.
Analysts surveyed by Thomson Reuters freshly anticipated per-share earnings expansion of 15%. FMC as well said it anticipates going beyond its $5 billion 2015 sales estimate by at least 10%.
Central Garden & Pet Co (NASDAQ:CENTA) slipped -$1.77 or -14.94% to close the trading session at $10.08 after the declaration that its fiscal fourth-quarter operating loss increased to $8.5 million accompanied by drops in the firm’s core business, higher marketing and innovation costs, and investments associated to the firm’s transformation.
The firm as well stated that it thinks revenues and earnings for the first quarter will be lower than the results of the past year.