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Zacks News
Company News for Apr 27, 2021
by Zacks Equity Research
Companies In The News Are: PFPT, NYCB, OTIS, FBC.
Otis Worldwide (OTIS) Tops Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Otis Worldwide (OTIS) delivered earnings and revenue surprises of 16.13% and 8.75%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Construction Stock Q1 Earnings Due on Apr 26: PCH, LII, OTIS, SSD
by Shrabana Mukherjee
The sector's Q1 results are likely to reflect a solid housing market. High labor/material costs and the COVID-19 pandemic might have been risks.
Otis Worldwide (OTIS) Reports Next Week: Wall Street Expects Earnings Growth
by Zacks Equity Research
Otis Worldwide (OTIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Patrick (PATK) Up 148% in 3 Months: What's Behind the Rally?
by Zacks Equity Research
Strong expansion strategy and revival of the housing market are encouraging for Patrick Industries (PATK).
Major Indexes Post Best Intraday Rebound in 3 Months: 5 Picks
by Nalak Das
The Fed's decision to expand its scope to support credit markets amid the pandemic bolstered market participants' confidence.
May Unemployment Falls: 5 Housing Picks With Solid Prospects
by Ankita Gupta
The reopening of the U.S. economy and improving employment level are reviving strength of the overall construction space.
Fluor-BWX JV Wins $13B Hanford Site Tank Closure Contract
by Zacks Equity Research
The JV between Fluor (FLR) and BWX Technologies subsidiary is set to provide services for the transition from the current tank operations contract to the tank closure contract.
Miscellaneous Building Products Industry Prospects Look Bleak
by Shrabana Mukherjee
Slowdown in construction and industrial activities due to the coronavirus pandemic and tariff-related woes will impact the building products industry players.
Construction Stock Q1 Earnings Due on May 7: OTIS, AAON & More
by Shrabana Mukherjee
The sector's Q1 results are likely to reflect a solid housing market and strong public sector construction activity in the early part of the quarter. High labor cost and COVID-19 woes have been risks.