Markets
AA

The Zacks Analyst Blog Highlights: Apple, Electronic Arts, Arconic and Alcoa

Tablet displaying intraday stock performance

For Immediate Release

Chicago, IL - February 01, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Apple Inc. (NASDAQ: AAPL - Free Report ), Electronic Arts (NASDAQ: EA - Free Report ), Arconic (NYSE: ARNC - Free Report ) and Alcoa (NYSE: AA - Free Report ).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Tuesday's Analyst Blog:

Apple Reports Big Earnings Beat for Q1 2017, Plus EA and Arconic

Apple Inc. (NASDAQ: AAPL - Free Report ) put an old-school beat-down on Q1 2017 estimates from the Zacks consensus: $3.36 per share on sales of $78.4 billion easily topped the #3.22 per share and $76.93 billion expected. iPhone sales totaled 78.3 million in the quarter, ahead of the 77.3 million in the company's unit guidance. Gross margins came in-line with expectations at 38.5%.

Importantly, the company has finally ended its string of decreasing revenue and unit growth. Apple clearly benefited in the quarter from difficulties Samsung had with its Note 7 release, and Apple CEO Tim Cook announced that iPhone sales picked up more Android switchers than ever before. iPad sales were shy of projections where Mac sales came roughly in-line. For more information on Apple's earnings results, click here .

Electronic Arts (NASDAQ: EA - Free Report ) posted a relatively confusing Q1 earnings report on the bottom line, as changes to the company's earnings accounting have made it difficult to make an apples-to-apples comparison. Revenues of $2.07 billion beat the Zacks consensus estimate of $2.06 billion. The after-market has been trying to sort these difficulties, first trading down 1% on the news, whereas the stock has now swung into positive territory in the late session.

The debut earnings report for Arconic (NYSE: ARNC - Free Report ) since the split from Alcoa (NYSE: AA - Free Report ) was positive, if unspectacular. Earnings of 12 cents per share on quarterly sales of$2.97 billion beat the Zacks consensus estimates of 11 cents and $2.92 billion in revenues. Margin expansion was evident in all of Arconic's sectors. Revenue guidance for full-year 2017 was in-line, while for Q1 guidance was a little light.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free .

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

Get the full Report on AAPL - FREE

Get the full Report on EA - FREE

Get the full Report on ARNC - FREE

Get the full Report on AA - FREE

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Apple Inc. (AAPL): Free Stock Analysis Report

Electronic Arts Inc. (EA): Free Stock Analysis Report

Arconic Inc. (ARNC): Free Stock Analysis Report

Alcoa Corp. (AA): Free Stock Analysis Report

To read this article on Zacks.com click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

AA EA ARNC AAPL

Other Topics

Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More