Showing posts from January, 2016

Some major comapnies have beat the expectations by avg 6%

Some major comapnies have beat the QoQ earnings expectations by average 6%. Therefore expectations have been cut avg. by -3%

previousforecastactualEPS forec.changeactual EPS vs forecastDHI0,610,470,42-30%-12%KMB1,511,511,420%-6%MCD1,41,151,31-22%12%ZION0,430,410,43-5%5%MMM2,051,941,66-6%-17%T0,630,710,6311%-13%AAPL1,962,213,2811%33%CA0,560,60,637%5%COF1,581,941,6719%-16%GLW0,340,290,34-17%15%COH0,410,410,680%40%DHR1,051,031,27-2%19%LMT2,872,683,01-7%11%PG0,980,981,040%6%

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U.S. Oil Explorers Seen Reporting $14 Billion in 2015 Losses

During the next eight days, independent U.S. oil explorers are expected to report 2015 losses totaling almost $14 billion, the result of the steepest price collapse in a generation.
Hess Corp. kicks off earnings season for the companies on Wednesday with what analysts predict will be an annual loss of $1.6 billion, its worst performance in at least 28 years. It will be followed by peers including Murphy Oil Corp. and Anadarko Petroleum Corp., which also have been squeezed by a crude drop of more than 70 percent since June 2014.
“It’s not going to be pretty,” said Carl Larry, head of oil and gas for Frost & Sullivan LP in Houston.

Investors have punished oil and gas explorers, wiping out more than $300 billion in market value for the companies in the Bloomberg Intelligence North America Independent E&Ps Valuation Peer Group in the past year. Distressed debt exchanges and bankruptcies are mounting. The companies have fired thousands of workers, abandoned drilling projects, cut di…