The United States federal government spends over $400 billion per year on federal contracts for goods and services. A large portion of that spending is determined through a competitive bidding process. Businesses of all sizes are free to bid on an available government contract. In addition to federal government contracts, state and local governments also […]
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Here is last week’s signal recap! Also, don’t forget that you can review all of the signals released last month. Just visit, September Scorecard Released Subscribe here if you would like to start receiving these signals in real-time and start trading! REMEMBER: You can try Sonal for FREE for 30 days. Just enter SONALPROVEIT on the order form!
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On October 25, Service Corporation International (SCI) announced its third quarter financial results and updated guidance on their annual earnings expectations. Earnings per share estimates are now between $1.48 and $1.54, which are up from previous forecasts of $1.42 to $1.52. The company expects operating cash flow for the year in the range of $485 […]
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Carriage Services (CSV) released its third quarter earnings on October 25. Although the results were below quarterly expectations, the company did raise its earnings estimates for the year. Guidance for the year increased to $1.73-$1.77 EPS and revenue of $273 million-$277 milion. Sonal detected the event and sent an alert at 4:40 pm. The […]
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Astronics (ATRO) Corporation, a leading supplier of technologies for the aerospace and semiconductor industries, announced on October 16 that it received new contracts from several major North American airlines. Astronics will install EM-POWER® in-seat power systems on up to 1,400 aircraft. The contract award services aircraft from six major airlines. Sonal detected the event […]
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Mammoth Energy Services, Inc. (TUSK) announced on October 19 that its wholly owned subsidiary, Cobra Acquisitions, LLC, signed a contract to help rebuild the utility infrastructure in Puerto Rico. Cobra specializes in the repair and construction of transmission and distribution networks. The contract begins immediately and is expected to yield revenue of around $200 million […]
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On October 10, Boston Beer (SAM) filed with the SEC to increase its stock repurchase program limit. According to the filing, the Board of Directors met on October 5 to increase the stock repurchase allocation to $931 million. Boston Beer is a brewing company that is the parent company of the brands Sam Adams and […]
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On October 10, MiMedx Group, Inc. (MDMX) released its quarterly financial statements. MiMedx has third quarter revenues of $84.6 million, which was more than 5% above the company’s revenue expectations. MiMedx is a leading biopharmaceutical company specializing in regenerative and therapeutic biologics that utilize human placental tissue. Sonal sent out an alert about the […]
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On October 9, MiMedx Group, Inc. (MDMX) announced that its Board of Directors approved another $10 million expenditure for its Share Repurchase Program. Since May 2014, the board has approved $110 million to be used for share repurchases. MiMedx is a leading biopharmaceutical company specializing in regenerative and therapeutic biologics that utilize human placental tissue. […]
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What is guidance? Guidance is information that a company provides to the public about expected future financial results. Companies are not required to provide estimates of future earnings, but it is a common market practice. In addition, companies often release guidance updates if those estimates change throughout the course of a reporting period. The company […]
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