Dividend Announcements, Earnings Releases and Schedules, and Grants - Analyst Notes on Lennar, AGCO, KCS, Sprint Nextel and Lam Research
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 21, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Lennar Corporation (NYSE: LEN), AGCO Corporation (NYSE: AGCO), Kansas City Southern (NYSE: KSU), Sprint Nextel (NYSE: S) and Lam Research Corporation (NASDAQ: LRCX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1394-100free.
--
Lennar Corporation Analyst Notes
On April 9, 2014 Lennar Corporation (Lennar) announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock, payable on May 7, 2014 to holders of record at the close of business on April 23, 2014. This represents an annualized dividend of $0.16, and a dividend yield of 0.41%, according to Bloomberg. The full analyst notes on Lennar are available to download free of charge at:
http://www.analystsreview.com/1394-LEN-21Apr2014.pdf
--
AGCO Corporation Analyst Notes
On April 15, 2014, AGCO Corporation (AGCO) announced that its Q1 2014 earnings release conference call is scheduled for Tuesday, April 29, 2014 at 10:00 a.m. EDT. According to Zacks Investment Research, the consensus estimate for the Company's Q1 2014 adjusted EPS is $0.80, versus $1.19 Q1 2013. In its 2014 outlook guidance released previously, the Company had forecasted drop in farm income and softer industry demand across the developed agricultural equipment markets, mainly due to lower commodity prices relative to 2013. The full analyst notes on AGCO are available to download free of charge at:
http://www.analystsreview.com/1394-AGCO-21Apr2014.pdf
--
Kansas City Southern Analyst Notes
On April 16, 2014, Kansas City Southern (KCS) released its Q1 2014 financial results and posted a better-than-expected growth in the adjusted net income as grain volumes improved, sending the stock higher by 2.30% on bourses. The Company's adjusted diluted net income during the quarter surged to $1.05 per share, compared to $0.89 per share in Q1 2013. On average, analysts polled by Bloomberg expected the earnings of $0.98 for the quarter. KCS' reported net income during the quarter was $94 million, or $0.85 per diluted share, down from $104 million, or $0.94 per diluted share, in Q1 2013. The Company's revenues during the quarter increased 9.9% YoY to $607.4 million, helped mainly by 40% increase in Agriculture and Minerals, primarily due to revival in grain volumes. Buoyed by the Q1 2014 performance, KCS' President and CEO David L. Starling hopes to achieve the full year 2014 goals announced previously. The full analyst notes on KCS are available to download free of charge at:
http://www.analystsreview.com/1394-KSU-21Apr2014.pdf
--
Sprint Nextel Analyst Notes
On April 15, 2014 Sprint Nextel (Sprint) announced that it will award outstanding non-profit organizations based in New York, Atlanta, Dallas, and Denver with grants worth $50,000 in each of the four cities in 2014. The Company stated that grants will be awarded in the amounts of $25,000, $15,000 and $10,000 through the Sprint Foundation, Sprint's philanthropic arm, as part of the Sprint Local Giving Program. This is the fifth year Sprint is offering the program to nonprofits of these four cities. The full analyst notes on Sprint Nextel are available to download free of charge at:
http://www.analystsreview.com/1394-S-21Apr2014.pdf
--
Lam Research Corporation Analyst Notes
On April 2, 2014, Lam Research Corporation (Lam Research) announced that the Company will host its quarterly financial conference call and webcast on Wednesday, April 23, 2014 beginning at 2:00 p.m. PT. The consensus adjusted EPS estimate for the quarter as per Zacks Investment Research data is $1.16. In the preceding quarter ended December 2013, the Company generated revenue of $1,116 million, up 10% from the prior year quarter and diluted EPS of $0.87. The Company had earlier provided the guidance on a non-GAAP basis for March 2014 quarter where it expected revenue of approximately $1.215 billion plus or minus $30 million and EPS of approximately $1.15 plus or minus $0.05, assuming a diluted share count of 173 million. The full analyst notes on Lam Research are available to download free of charge at:
http://www.analystsreview.com/1394-LRCX-21Apr2014.pdf
--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article