Today`s Notable Earnings (EBIX, ARIA, ROK)

Ebix, Inc. (NASDAQ:EBIX) dropped 4.22% to $25.17 after it made its fresh one-year high of $28.21. The company posted third quarter net income of $16.7 million or $0.43 per share, compared to $9.4 million or $0.25 per share in the same period last year. On average, three analysts polled by Thomson Reuters expected the company to report earnings of $0.32 per share. Analysts’ estimates typically exclude special items. Total revenue for the third quarter grew to $33.3 million from $23.3 million in the same period a year-ago. Three Wall Street analysts expected revenues of $32.97 million for the period. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) slid 0.54% to $3.69. The company reported third quarter net loss of $20.4 million or $0.18 per share, compared to a loss of $20.81 million or $0.21 per share last year. On average, 8 analysts polled by Thomson Reuters expected the company to report loss of $0.12 per share. Analysts’ estimates typically exclude special items. Total revenue declined to $1.24 million from $2.16 million in the prior year quarter. Seven analysts estimated revenues of $1.40 million. Rockwell Automation (NYSE:ROK) fell 1.99% to $65.01 after it made its fresh 52-week high of $67.75. For the fourth quarter, the company’s net income jumped to $131.3 million or $0.91 per share from $28.9 million or $0.20 per share in the previous year. On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $0.91 per share for the quarter. Analysts’ estimates typically exclude special items. Total sales for the quarter grew 26% to $1.36 billion from $1.07 billion in the same quarter last year. Ten analysts had consensus revenue estimate of $1.32 billion for the quarter. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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