Zacks.com featured highlights include StoneCo, Unum Group, Asbury Automotive Group and Magna International

For Immediate Release Chicago, IL – July 28, 2023 – Stocks in this week’s article are StoneCo Ltd. STNE, Unum Group UNM, Asbury Automotive Group, Inc. ABG and Magna International Inc. MGA. 4 Low Price-to-Cash Flow Stocks to Buy for Optimum Returns Investment in stocks made on diligent value analysis is usually considered one of… Continue reading Zacks.com featured highlights include StoneCo, Unum Group, Asbury Automotive Group and Magna International

Toyota supplier Denso posts 48% rise in Q1 profit

TOKYO (Reuters) – Japan’s Denso, a leading supplier to Toyota, posted a 48% rise in first quarter profit on Friday and raised its full-year outlook, citing a weaker yen and strong sales. The major manufacturer of automotive parts and chips said operating profit totalled 94.38 billion yen ($678 million) in the three months to end-June,… Continue reading Toyota supplier Denso posts 48% rise in Q1 profit

Dana Incorporated Reports Strong 2023 Second-quarter Financial Results, Company Raises Full-year Guidance

Key Highlights Sales of $2.75 billion, an increase of $162 million or 6 percent over last year Net income attributable to Dana of $30 million, an increase of $22 million over last year Diluted EPS of $0.21; diluted adjusted EPS of $0.37, an increase of $0.29 per share Adjusted EBITDA of $243 million, an increase… Continue reading Dana Incorporated Reports Strong 2023 Second-quarter Financial Results, Company Raises Full-year Guidance

IQVIA (IQV) to Report Q2 Earnings: What’s in the Offing?

IQVIA Holdings, Inc. IQV is scheduled to release its second-quarter 2023 results on Aug 1, before the market open. IQV has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in all the four trailing quarters, the average surprise being 2.2%. Q2 Expectations The Zacks Consensus Estimate for the top line is currently… Continue reading IQVIA (IQV) to Report Q2 Earnings: What’s in the Offing?

Symbiotic (SYM) to Report Q3 Earnings: What’s in the Offing?

Symbiotic, Inc. SYM is scheduled to report its third-quarter 2023 results on Jul 31 before market open. The company has a disappointing earnings surprise history. It missed the Zacks Consensus Estimate in three of the trailing four quarters and beat on one instance, delivering an average earnings surprise of negative 60%. Q3 Expectations The Zacks… Continue reading Symbiotic (SYM) to Report Q3 Earnings: What’s in the Offing?

Select Water (WTTR) to Report Q2 Earnings: What’s in the Cards?

Select Water Solutions, Inc. WTTR is scheduled to report its second-quarter 2023 results on Aug 2 after market close. The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed on one instance, delivering an average earnings surprise of 43.2%. Q2 Expectations The… Continue reading Select Water (WTTR) to Report Q2 Earnings: What’s in the Cards?

VW stock lower as auto giant cuts sales forecast, refocuses China efforts

Shares of global auto giant Volkswagen (VOW3.DE) are slipping today after the company cut its global delivery forecast as it tries to control higher input costs and a new strategy in the all-important Chinese market. For the first half of the year, Volkswagen reported global revenue of 156.3 billion euros, up 18% from a year… Continue reading VW stock lower as auto giant cuts sales forecast, refocuses China efforts

Why Nio and QuantumScape Shares Soared, but Canoo Dropped This Week

It’s been a week of big gains so far for some electric vehicle (EV) stocks. The stocks of battery manufacturer QuantumScape (NYSE: QS) and Chinese EV maker Nio (NYSE: NIO) have been soaring. As of Thursday afternoon, QuantumScape and Nio shares were higher for the week by about 19% and 29%, respectively, according to data… Continue reading Why Nio and QuantumScape Shares Soared, but Canoo Dropped This Week

VW stock lower as auto giant cuts sales forecast, refocuses China efforts

Shares of global auto giant Volkswagen (VOW3.DE) are slipping today after the company cut its global delivery forecast as it tries to control higher input costs and a new strategy in the all-important Chinese market. For the first half of the year, Volkswagen reported global revenue of 156.3 billion euros, up 18% from a year… Continue reading VW stock lower as auto giant cuts sales forecast, refocuses China efforts