Earnings Releases, Strategic Acquisitions, Company Updates, and Earnings & Conference Calls Schedules - Analyst Notes on Google, SanDisk, Vodafone, SolarCity and Yelp
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NEW YORK, April 23, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Google Inc. (NASDAQ: GOOGL), SanDisk Corporation (NASDAQ: SNDK), Vodafone Group Plc (NASDAQ: VOD), SolarCity Corporation (NASDAQ: SCTY) and Yelp Inc. (NYSE: YELP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1474-100free.
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Google Inc. Analyst Notes
On April 16, 2014, Google Inc. (Google) announced its financial results for Q1 2014. Google reported consolidated revenues of $15.4 billion for Q1 2014, an increase of 19.1% compared to Q1 2013. According to the Google, GAAP net income in Q1 2014 was $3.5 billion, compared to $3.3 billion in Q1 2013. GAAP EPS in Q1 2014 was $5.04, compared to $4.97 in Q1 2013. Non-GAAP EPS in during Q1 2014 was $6.27, compared to $6.00 in Q1 2013. Analysts polled by Thomson Reuters Eikon expected earnings of $6.39 per share in Q1 2014. Google shares fell as much as 4.5%, the next day. The full analyst notes on Google are available to download free of charge at:
http://www.analystsreview.com/1474-GOOGL-23Apr2014.pdf
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SanDisk Corporation Analyst Notes
On April 17, 2014, shares of SanDisk Corporation (SanDisk) rallied as much as 11%, a day after the Company announced financial results for Q1 FY 2014 (period ended March 30, 2014). Q1 FY 2014 revenue of $1.5 billion increased 12.8% on a YoY basis. On a GAAP basis, net income was $269 million, or $1.14 per diluted share, compared to net income of $166 million, or $0.68 per diluted share, in Q1 FY 2013. SanDisk also announced its Q2 FY 2014 dividend of 22.5 cents per share on common stock, payable on May 27, 2014 to shareholders of record as of the close of business on May 5, 2014. The full analyst notes on SanDisk are available to download free of charge at:
http://www.analystsreview.com/1474-SNDK-23Apr2014.pdf
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Vodafone Group Plc Analyst Notes
On April 11, 2014, Vodafone Group Plc (Vodafone) announced that it has gained full control of its Indian subsidiary, Vodafone India Limited (VIL). According to the Company, in March 2014, Vodafone completed the acquisition of indirect equity interests in VIL, held by Analjit Singh and Neelu Analjit Singh, taking its stake to 89.03% of VIL. Further, Vodafone acquired the remaining 10.97% of VIL from Piramal Enterprises Limited. The combined cash consideration for both transactions was INR101.4 billion (£1.0 billion) at an exchange rate of £1.00: INR 100.97. The full analyst notes on Vodafone are available to download free of charge at:
http://www.analystsreview.com/1474-VOD-23Apr2014.pdf
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SolarCity Corporation Analyst Notes
On April 16, 2014, Bloomberg reported that SolarCity Corporation (SolarCity) will resume applications to connect energy-storage systems in California after regulators said they're exempt from utility fees. According to the Bloomberg report, California Public Utility Commission said in a proposed decision that utilities are barred from imposing charges including connection fees of as much as $800. The commission typically adopts these proposed decisions and a final ruling may come as early as May 15, 2014. SolarCity in March 2014 stopped applying to install and connect storage systems for hundreds of customers in the state because utilities were requiring a series of applications and fees that made the process onerous. As per the Bloomberg report, Peter Rive, Chief Commercial Officer, SolarCity, said, "When we first started it wasn't clear to us that these fees would be charged. We're happy with the decision." The full analyst notes on SolarCity are available to download free of charge at:
http://www.analystsreview.com/1474-SCTY-23Apr2014.pdf
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Yelp Inc. Analyst Notes
On April 16, 2014, Yelp Inc. (Yelp) announced that it will issue its financial results for Q1 2014 after the market close on April 30, 2014, which will be followed by a conference call to discuss the earnings at 1:30 p.m. PT (4:30 p.m. ET) on the same day. According to zacks.com, the consensus EPS estimate for the quarter is loss of $0.06 per share. The full analyst notes on Yelp are available to download free of charge at:
http://www.analystsreview.com/1474-YELP-23Apr2014.pdf
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