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$STE posted higher earnings in 1Q17, helped by a 45% increase in revenue compared to 1Q16. Net income was $48.4MM or $0.56 per diluted share compared to $24.3MM or $0.40 per diluted share last year. Revenue was $638.4MM compared to $439.9MMM in 1Q16, driven by growth in all four segments. Adjusted net income was $68.4MM or $0.79 per diluted share.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?