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AKS Swings To Profits
Monday, January 25, 2010 - 2:20pm | 195Read More...AK Steel Holding Corp (NYSE: AKS) swung to fourth-quarter profits amid a $699.5 million charge taken a year earlier charge. The latest results included a $5.1 million charge associated with a change in tax laws in Pennsylvania. Although the company saw a jump in shipments, average selling prices...
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SEE Exceeds Street Consensus in Q4
Monday, January 25, 2010 - 2:12pm | 147Read More...The fourth-quarter net income at Sealed Air Corp (NYSE: SEE) soared by 38% to $65.1 million, or $0.37 a share, from $47.3 million, or $0.26 a share, in the year-ago quarter. Revenues dipped to $1.15 billion from $1.17 billion in the same quarter a year ago. Wall Street analysts had projected the...
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Earnings Overview For Companies Reporting Today (ETN, HAL, DGX, ERIC, TXN, AMGN, AAPL)
Monday, January 25, 2010 - 9:34am | 390Read More...More than 25% of S&P 500 companies are scheduled to post results this week, including Dow components Microsoft (NASDAQ: MSFT), Chevron (NYSE: CVX), DuPont (NYSE: DD) and Verizon (NYSE: VZ). The round-up of some of the heavyweight companies due to report results today are: Before the bell:...
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GE Exceeds Expectations Despite Restructuring Charges
Friday, January 22, 2010 - 10:18am | 161Read More...Fourth-quarter profits at General Electric Co (NYSE: GE) slipped 19% as earnings from its finance arm plunged. GE posted profits of $3.01 billion, or $0.28 a share, down from $3.72 billion, or $0.35, a year earlier period. The company’s revenues fell 10% to $41.44 billion. The results marginally...
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GS Q4 Profits Up Sharply, Shares Down
Thursday, January 21, 2010 - 1:36pm | 243Read More...Financial giant Goldman Sachs Group Inc (NYSE: GS) reported its fourth-quarter net income at $4.95 billion, or $8.20 a share, on revenues of $9.62 billion. The results were significantly ahead of consensus expectations of earnings of $5.20 a share on $9.65 billion of revenues. GS’ full-year results...
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EL Continues To Move Up
Thursday, January 21, 2010 - 1:31pm | 137Read More...Estee Lauder Companies Inc (NYSE: EL) shares continued their upward move today, gaining 8.14% to $53.03. The shares had added 5% to $51.51 in after-hours trading. EL’s stock is trading higher since yesterday when the company raised its second-quarter earnings and sales on strong growth in Asia and...
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XRX Impresses With Q4 Results, Full Year Guidance
Thursday, January 21, 2010 - 1:28pm | 165Read More...Xerox Corp's (NYSE: XRX) fourth-quarter net income rose to $180 million, or $0.20 a share, from $1 million, or breakeven on a per-share basis, in the same quarter a year ago. On an adjusted basis, earnings came at $0.25 a share, which compares favorably with the consensus expectations of $0.22 a...
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LM Back In Black; Hurt By Outflows
Thursday, January 21, 2010 - 11:11am | 163Read More...Legg Mason Inc (NYSE: LM), one of the country's leading asset managers, swung to fiscal third-quarter profits from a year-earlier loss. However, LM’s profits for the quarter fell sequentially on $0.11 per share of losses tied to real estate leases and $24 billion in outflows. Baltimore-based LM...
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Earnings Round-up For January 20 (MS, BK, NTRS, COH, STT, SLM, PGR, MI, HCBK, MTB, EBAY, SBUX, STX)
Thursday, January 21, 2010 - 8:35am | 792Read More...It was a day when financials ruled, with companies like Bank of New York Mellon, Bank of America and Morgan Stanley reporting their earnings. The earnings reported before the bell are: Morgan Stanley (NYSE: MS): The financial services firm reported $0.14 a share of continuing operating earnings on...
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EAT Is Hot After Beating Earnings Forecast
Wednesday, January 20, 2010 - 3:55pm | 192Read More...Shares of Brinker International Inc (NYSE: EAT) are sizzling in the market today after the Dallas-based restaurant company exceeded consensus earnings estimates. EAT also reported an improvement in sales at two of its three wholly-owned brands. The owner of the popular Chili's Grill & Bar brand...
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USB Exceeds Expectations Despite Charges
Wednesday, January 20, 2010 - 10:02am | 116Read More...US Bancorp (NYSE: USB) managed to beat the consensus expectations for 1Q on both net income and revenues. The Minneapolis-based regional bank’s net income rose to $602 million, or $0.30 a share, from $330 million, or $0.15 a share, in 1Q08. Meantime, the company’s net revenues jumped 21% to $4.4...
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SHFL Upgraded On Gaming Laws, Improving Financials
Tuesday, January 19, 2010 - 11:15am | 111Read More...Analysts at KeyBanc Capital Markets upgraded Shuffle Master Inc (NASDAQ: SHFL) from “hold” to “buy,” while raising their estimates for the company. The target price for SHFL is set to $13. Shuffle Master has delivered another quarter of better-than-expected results. SHFL is poised to benefit from...
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Parker Hannifin Gives The Market A Pleasant Surprise
Tuesday, January 19, 2010 - 11:09am | 189Read More...The earnings of Parker Hannifin Corp (NYSE: PH) fell by a third for FQ2. The results were still much better than the analysts had estimated, as business improved sequentially. The maker of motion control technology for manufacturing and aerospace said that its earnings in this typically weakest...
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WOR FQ2 EPS Beats Expectations
Wednesday, January 6, 2010 - 10:39am | 72Read More...Worthington Industries (NYSE: WOR) posted its FQ2 EPS at $0.29, beating consensus expectations by $0.20. WOR’s revenues for the quarter stood at $448 million, reflecting 40% y/y decline. WOR said that although it was optimistic about the gradual improvement in the economy, visibility into the...
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Q3 Earnings at Urban Outfitters Drive Past Consensus Expectations
Thursday, November 12, 2009 - 8:57am | 85Read More...Urban Outfitters Inc (NASDAQ: URBN) posted its Q3 net profits at $62.4 million, or $0.36 per share, marginally beating the consensus estimates of $0.35 a share. URBN’s results were driven by an impressive 14% sales growth at the company’s Anthropologie chain. Urban Outfitters’ gross profit margins...

