Equities Analysts Decrease Earnings Estimates for Arrow Electronics, Inc. (NYSE:ARW)

Arrow Electronics, Inc. (NYSE:ARW) – Equities research analysts at SunTrust Banks lowered their Q4 2019 earnings per share (EPS) estimates for Arrow Electronics in a report released on Tuesday, July 16th, according to Zacks Investment Research. SunTrust Banks analyst W. Stein now expects that the technology company will post earnings per share of $2.30 for the quarter, down from their previous forecast of $2.61. SunTrust Banks also issued estimates for Arrow Electronics’ Q1 2020 earnings at $1.76 EPS, Q2 2020 earnings at $2.11 EPS, Q3 2020 earnings at $2.19 EPS and Q4 2020 earnings at $2.58 EPS.

Terex Co. (NYSE:TEX) Short Interest Up 6.6% in June

Terex Co. (NYSE:TEX) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 5,490,700 shares, a growth of 6.6% from the May 15th total of 5,153,100 shares. Approximately 8.2% of the company’s shares are sold short. Based on an average trading volume of 973,300 shares, the short-interest ratio is currently 5.6 days.

Short Interest in Toll Brothers Inc (NYSE:TOL) Expands By 6.9%

Toll Brothers Inc (NYSE:TOL) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 5,785,000 shares, an increase of 6.9% from the May 15th total of 5,411,200 shares. Currently, 4.3% of the shares of the stock are sold short. Based on an average daily volume of 1,540,000 shares, the short-interest ratio is presently 3.8 days.

Equities Analysts Issue Forecasts for SM Energy Co’s Q1 2020 Earnings (NYSE:SM)

SM Energy Co (NYSE:SM) – Research analysts at KeyCorp issued their Q1 2020 earnings per share estimates for shares of SM Energy in a note issued to investors on Wednesday, June 26th, according to Zacks Investment Research. KeyCorp analyst L. Mariani forecasts that the energy company will post earnings per share of $0.03 for the quarter. KeyCorp currently has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for SM Energy’s Q2 2020 earnings at $0.00 EPS, Q3 2020 earnings at $0.02 EPS, Q4 2020 earnings at $0.02 EPS and FY2020 earnings at $0.07 EPS.

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