Five Stocks in Spotlight Following Earnings Reports

Interactive Brokers Turns In Mixed Results

Interactive Brokers Group, Inc. (NASDAQ:IBKR) shares opened in the red after the brokerage reported mixed results. For the three months ended June 30, Interactive Brokers earned $0.36 per share on revenue of $369 million, beating the bottom-line consensus estimate by $0.01 per share, but missing the top-line estimate by $4.11 million. Given the bull market, customer accounts rose by 15% to 357,000 while total Daily Average Revenue Trades (DARTs) appreciated by 5% year-over-year to 648,000. The company’s electronic brokerage pretax profit margin was 62%, down from 65% one year ago. Among the funds we track, 26 funds owned $1.04 billion worth of Interactive Brokers Group, Inc. (NASDAQ:IBKR)’s stock, which accounted for 6.50% of the float on March 31, versus 37 funds and $1.01 billion, respectively, a quarter earlier.

Intuitive Surgical Delivers a Solid Quarter

Intuitive Surgical, Inc. (NASDAQ:ISRG) shares are in the green today after the robotic surgical tech company reported earnings of $5.62 per share on revenue of $670 million for the second quarter, beating the average analyst estimates by $0.65 per share and $29.31 million, respectively. Revenue advanced by 14.3% year-over-year, led by strong demand for the company’s systems products, which jumped by 15.2% year-over-year. The number of Da Vinci shipments for the quarter stood at 15. Intuitive’s instruments and accessories revenue also rose by 14.3% year-over-year. Among the investors in our database, 27 funds owned shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) at the end of March, unchanged from the previous quarter.

Manhattan Associates Posts Results Ahead of Expectations

Traders are watching Manhattan Associates, Inc. (NASDAQ:MANH) today after the firm beat both bottom and top line estimates by $0.05 per share and $1.19 million, respectively, with EPS of $0.49 on revenue of $154.9 million for the second quarter. Sales gained 11.4% year-over-year as the company continues to invest in retail, omni-channel, and distribution management solutions to increase growth. For full year 2016, management sees revenue of $615 million to $620 million and adjusted EPS of $1.78 to $1.81. The adjusted EPS guidance is slightly better than the previous guidance of $1.73 to $1.76. The number of funds tracked by us with holdings in Manhattan Associates, Inc. (NASDAQ:MANH) fell by two quarter-over-quarter to 21 at the end of March.

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