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Company News For Jan 22, 2018

Zacks Equity Research
Updated
Asbury Automotive (ABG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

  • Shares of 1st Source Corporation SRCE gained 2.2% after reporting fourth quarter 2017 revenues of $74 million, surpassing the Zacks Consensus Estimate of $71 million

  • Citizens Financial Group, Inc.’s CFG shares rallied 2.3% after posting fourth quarter 2017 earnings per share of $0.71, surpassing the Zacks Consensus Estimate of $0.67

  • Mellanox Technologies, Ltd.‘s MLNX shares increased 1% after reporting fourth quarter 2017 earnings per share of $0.48, surpassing the Zacks Consensus Estimate of $0.35

  • Shares of Canadian Pacific Railway Limited CP gained 2.5% after reporting fourth quarter 2017 earnings per share of $2.54, higher than $2.28 a share from the year-ago quarter


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