Kansas City Southern (KSU) Reports Next Week: Wall Street Expects Earnings Growth Zacks.com 1 day ago
The market expects Kansas City Southern (KSU) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2021. This widely-known consensus outlook is important in assessing the company s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
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The earnings report, which is expected to be released on April 16, 2021, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
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Tetra Tech (TTEK) Secures Multiple-Award Contract From USACE Zacks.com 3 hrs ago
Tetra Tech, Inc. TTEK recently secured an architect-engineer services contract worth $49-million from the U.S. Army Corps of Engineers (“USACE”), Louisville District. Per the five-year, multiple-award deal, the company will provide its state-of-the-art solutions in the United States.
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Inside the Headlines
Tetra Tech’s professionals will be responsible for providing environmental services that would help in restoring and conserving the natural environment. Various services to be offered by the company include designing, surveying, studying and the use of advanced technologies for the aforementioned purpose. With the use of cutting-edge technologies and advanced analytics, the company will help in addressing several issues, including emerging contaminants like per- and polyfluoroalkyl substances.
5 Gold Stocks to Keep an Eye on as Gold Prices Stabilize Zacks.com 4 hrs ago
Gold futures for June delivery gained 0.8% to close at $1,741.50 an ounce on Apr 6 courtesy of a weaker dollar and as yield on the benchmark 10-year Treasury note declined to 1.64% the lowest in two weeks, with global stocks trading around all-time highs. The yellow metal seems to have regained footing after losing 8% of its value so far this year due to vaccine rollouts and strong optimism over economic recovery.
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According to the latest Labor Department report, total nonfarm payroll employment rose by 916,000 in March and the unemployment rate fell to 6.0%, reflecting the resumption of economic activity that had been thwarted by the pandemic. In the United States, there has been a noted expansion in manufacturing activity over the past 10 months. The Caixin China General Manufacturing PMI has remained above 50 since May last year, highlighting expansion. Meanwhile, the IHS Markit E
Ollie s Bargain (OLLI) Business Model, Loyalty Program Bode Well Zacks.com 3 hrs ago
Ollie s Bargain Outlet Holdings, Inc.’s OLLI business operating model of “buying cheap and selling cheap”, cost-containment efforts, focus on store productivity and expansion of customer loyalty program Ollie s Army, reinforce its position.
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Let’s Delve Deep
Ollie s Bargain’s focus on value-driven merchandise assortment positioned it well to capitalize on opportunities in the marketplace and effectively meet consumer demand amid the ongoing pandemic. Ollie s Army continued to be a major sales driver with membership just kept increasing. In fiscal 2020, more than 75% of sales were from Ollie’s Army members, and the company increased its base of loyal members by 13.6% to 11.6 million as of Jan 30, 2021.