Industrial Stocks' Earnings On Jan 31: JCI, IR, AVY, CMPR
Zacks Investment Research | Jan 29, 2018 08:10PM ET
The earnings season is off to a solid start with decent performance across the table. About 133 S&P 500 members have already released their results till Jan 26. Total earnings for these companies are up 12.3% year over year on 8.8% higher revenues, with 81.2% beating earnings estimates and 78.9% surpassing top-line expectations. Based on the hitherto observed pattern, the October-December 2017 quarter is anticipated to register modest double-digit percentage earnings growth on a year-over-year basis.
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Cimpress N.V. (NASDAQ:CMPR) is scheduled to report second-quarter fiscal 2018 results after the closing bell. The company is making steady progress with investments in new markets and the business strategy is now focused on higher quality products and delivery, increased customer service and more transparent pricing. In addition, Cimpress has been acquiring firms with complementary product offerings and expects to ramp up its revenues with operating synergies through economies of scale and technological collaboration to serve a wide spectrum of customers across the globe. We remain inconclusive on earnings beat prediction this quarter as it has an ESP of 0.00% and a Zacks Rank #3.
Cimpress N.V Price and EPS Surprise
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