Ebay and 3 Top Stocks Lightning Up Trading Screens After Earnings

Lennar Corp. (NYSE:LEN) built a bigger profit in the latest quarter and topped Wall Street’s expectations. Net income increased 310.5% to $124.3 million in the quarter versus a net gain of $30.28 million in the year-earlier quarter. Revenue jumped to $1.35 billion from $952.7 million in the year-earlier quarter.

Lennar Corp. reported adjusted net income of 56 cents per share. By that measure, the company beat the mean analyst estimate of $0.44. It beat the average revenue estimate of 1.26 billion – $1.31 billion.

LEN

eBay Inc. (NASDAQ:EBAY) saw its profit drop year-over-year, yet beat Wall Street’s expectations on the top-line and bottom-line. Net income decreased -53.17% to $927 million (70 cents per diluted share) in the quarter versus a net gain of $1.98 billion in the year-earlier quarter. Revenue rose 18.34% to $4 billion from the year-earlier quarter.

eBay Inc. reported adjusted net income of 70 cents per share. By that measure, the company beat the mean analyst estimate of $0.69. It beat the average revenue estimate of $3.98 billion.

EBAY

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Johnson Controls Inc. (NYSE:JCI) saw its profit drop relative to the same quarter a year ago on stagnant revenue. Net income decreased -13.66% to $354 million (52 cents per diluted share) in the quarter versus a net gain of $410 million in the year-earlier quarter. Revenue remained flat at $10.42 billion from the year-earlier quarter.

Johnson Controls Inc. reported adjusted net income of 52 cents per share. By that measure, the company beat the mean analyst estimate of $0.51. It beat the average revenue estimate of $10.26 billion.

JCI

McMoRan Exploration Co. (NYSE:MMR) had a loss and still managed to top the analyst profit estimate, YET came up short on beating the revenue expectation. Reported a net loss of $1.2 million (loss of 1 cent per diluted share) in the quarter versus a net loss of $38.74 million in the year-earlier quarter. Revenue decreased 31.02% to $84.1 million from the year-earlier quarter.

McMoRan Exploration Co. reported adjusted net loss of 1 cent per share. By that measure, the company beat the mean analyst estimate of a net loss of 12 cents per share. It missed the average revenue estimate of $90.03 million.

MMR

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