Equities Analysts Cut Earnings Estimates for Regions Financial Corp (RF)

Regions Financial Corp (NYSE:RF) – Stock analysts at Piper Jaffray Companies reduced their Q3 2019 earnings estimates for Regions Financial in a research report issued on Sunday, April 21st. Piper Jaffray Companies analyst K. Barker now forecasts that the bank will post earnings of $0.40 per share for the quarter, down from their prior estimate of $0.41. Piper Jaffray Companies also issued estimates for Regions Financial’s FY2020 earnings at $1.64 EPS.

Equities Analysts Set Expectations for Diamondback Energy Inc’s Q1 2019 Earnings (FANG)

Diamondback Energy Inc (NASDAQ:FANG) – Equities researchers at Oppenheimer lowered their Q1 2019 earnings estimates for Diamondback Energy in a report issued on Tuesday, April 23rd. Oppenheimer analyst T. Rezvan now forecasts that the oil and natural gas company will post earnings per share of $1.43 for the quarter, down from their prior forecast of $1.55. Oppenheimer currently has a “Buy” rating and a $158.00 price target on the stock. Oppenheimer also issued estimates for Diamondback Energy’s Q4 2019 earnings at $2.70 EPS, Q1 2020 earnings at $3.34 EPS, Q2 2020 earnings at $3.45 EPS, Q3 2020 earnings at $3.55 EPS, Q4 2020 earnings at $3.67 EPS and FY2020 earnings at $14.01 EPS.

Equities Analysts Reduce Earnings Estimates for Methanex Co. (MX)

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Equities research analysts at Raymond James dropped their Q1 2019 EPS estimates for Methanex in a report issued on Tuesday, April 23rd. Raymond James analyst S. Hansen now expects that the company will earn $1.06 per share for the quarter, down from their prior forecast of $1.18. Raymond James also issued estimates for Methanex’s Q2 2019 earnings at $1.39 EPS, Q3 2019 earnings at $1.82 EPS, FY2019 earnings at $6.52 EPS and FY2020 earnings at $8.25 EPS.

Equities Analysts Offer Predictions for Park Hotels & Resorts Inc’s Q2 2019 Earnings (PK)

Park Hotels & Resorts Inc (NYSE:PK) – Research analysts at Jefferies Financial Group cut their Q2 2019 earnings estimates for shares of Park Hotels & Resorts in a note issued to investors on Monday, April 22nd. Jefferies Financial Group analyst D. Katz now expects that the financial services provider will earn $0.89 per share for the quarter, down from their prior estimate of $0.90. Jefferies Financial Group also issued estimates for Park Hotels & Resorts’ FY2019 earnings at $3.02 EPS, Q1 2020 earnings at $0.70 EPS, Q2 2020 earnings at $0.94 EPS, Q3 2020 earnings at $0.72 EPS, Q4 2020 earnings at $0.77 EPS and FY2020 earnings at $3.15 EPS.

Equities Analysts Reduce Earnings Estimates for Tenaris SA (TS)

Tenaris SA (NYSE:TS) – Analysts at Jefferies Financial Group reduced their FY2019 earnings estimates for shares of Tenaris in a research report issued to clients and investors on Tuesday, April 23rd. Jefferies Financial Group analyst A. Spence now forecasts that the industrial products company will post earnings of $1.76 per share for the year, down from their previous estimate of $1.82. Jefferies Financial Group also issued estimates for Tenaris’ FY2020 earnings at $2.04 EPS.

Equities Analysts Raise Earnings Estimates for Fortis Inc (FTS)

Fortis Inc (TSE:FTS) – Analysts at Raymond James upped their Q1 2019 EPS estimates for Fortis in a report issued on Tuesday, April 23rd. Raymond James analyst D. Quezada now forecasts that the company will post earnings per share of $0.76 for the quarter, up from their prior estimate of $0.65. Raymond James currently has a “Market Perform” rating on the stock. Raymond James also issued estimates for Fortis’ Q2 2019 earnings at $0.57 EPS, Q3 2019 earnings at $0.62 EPS, Q4 2019 earnings at $0.65 EPS and FY2020 earnings at $2.71 EPS.

Earnings Monitor: Looking at Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

As earnings reports continue to roll in, investors may be taking a closer look at companies that they own. Staying on top of the most recent releases may help investors figure out if the company is well-positioned for future success. Taking a look at some earnings projections, we note that the current quarter EPS consensus estimate for Alexandria Real Estate Equities, Inc. (NYSE:ARE) is 1.72. This EPS estimate consists of 3 sell-side analysts taken into consideration by Zacks Research. For the last reporting period, the company reported a quarterly EPS of 1.68. Sell-side analysts often provide their best researched estimates for what the company will report. These estimates carry a lot of weight on Wall Street and the investing community. When a company reports actual earnings results, the surprise factor may cause the stock price to fluctuate more than normal. Investors will often pay added attention to a company that has surpassed expectations by a wide margin.

Equities Analysts Issue Forecasts for Snap-on Incorporated’s Q3 2019 Earnings (SNA)

Snap-on Incorporated (NYSE:SNA) – Equities research analysts at Northcoast Research upped their Q3 2019 earnings per share (EPS) estimates for shares of Snap-on in a report released on Monday, April 22nd. Northcoast Research analyst T. Hayes now expects that the company will post earnings of $2.94 per share for the quarter, up from their prior forecast of $2.91. Northcoast Research also issued estimates for Snap-on’s Q4 2019 earnings at $3.16 EPS, Q3 2020 earnings at $3.19 EPS and Q4 2020 earnings at $3.38 EPS.

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