1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Omar Venerio
Omar Venerio
Articles (1213) 

Wall Street Slightly in Red on Monday

Nuance announces preliminary results

U.S. stock markets are set to open slightly lower on Monday after ending higher on Friday and today’s expectation of a quick resolution to the government shutdown.

Shares of Nuance Communications Inc. (NASDAQ:NUAN) traded higher on premarket Monday session on the back of a first-quarter profit and sales outlook that was higher than expectations.

Now, the voice and language services company expects earnings per share in the range of 15 cents to 18 cents a share, compared with a loss of 8 cents a share, in the same trimester a year ago. Further, adjusted earnings per share are projected to be 26 cents to 27 cents, above the estimations of 22 cents. Moreover, net revenue is expected to be between $500.0 million and $503.0 million and adjusted revenue between $507 million and $510 million.

All the figures are higher than before due to strength in the health care, automotive and imaging segments.

Gainers

• FirstEnergy Corp. (NYSE:FE)

• Wynn Resorts Ltd. (NASDAQ:WYNN)

• Harley-Davidson Inc. (NYSE:HOG)

• MGM Resorts International (NYSE:MGM)​

• EQT Corp. (NYSE:EQT)

Losers

• Micron Technology Inc. (NASDAQ:MU)

• Celgene Corp. (NASDAQ:CELG)

• Viacom Inc. (VIAB)

• Mattel Inc. (NASDAQ:MAT)

• Ulta Beauty Inc. (NASDAQ:ULTA)

Global markets

The main European stock markets traded in the green. The U.K.'s FTSE lost 0.06%, France's CAC climbed 0.26%, Spain's Ibex jumped 1.15% and Germany's Dax swelled 0.15%.

In Asia, Japan's Nikkei gained 0.03%, Hong Kong's Hang Seng rose 0.43%, China´s SSE Composite jumped 0.39% and India’s BSE Sensex advanced 0.81%.

Disclosure: The author holds no positions in any stocks mentioned.

About the author:

Omar Venerio
Omar Venerio is a capital markets, derivatives, corporate finance and financial management professor. He is passionate about the stock market and providing independent fundamental research and hedge fund and insider trading-focused investigation.

Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Performances of the stocks mentioned by Omar Venerio


User Generated Screeners


draperb9Mid Cap low PEG
jdvoytekValue
Stephen Neumeier30% plus loss 1 Year 500 Milli
vikas_salgiaPREDICTABLE BIZ
MRMARKETZ54Value,Dividends,Small co.
John DorfmanPrice to Revenue
John DorfmanPrice to Sales
PUEBLOCUSTOMIZED
tahoedude211st screen
JefulfordJeff’s P-score screen
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK