Posts Tagged ‘earnings report’

Xerox Soars Following Strong Q1 Earnings

Posted by Michael on April 23rd, 2010

xeroxShares of Xerox (XRX) are soaring today, and set a new 52 week high today after posting better than expected first quarter numbers.

Going into this mornings earnings report, analysts were forecasting $0.15 per share, verses $0.05 during the same period last year.

Actual earnings came in well above estimates, at $0.18 per share excluding special items.

Revenues were up by 33% during the quarter to $4.7 billion. Analysts had forecast revenues of $4.79 billion.

Looking ahead Xerox stated that it expects to earn 20 to 22 cents for its second quarter, above Wall Street estimates of $0.18.

The stock is trading up 10.2% today to $11.52, up $1.07.

You can read more from Michael on AOL’s Bloggingstocks

If you enjoyed this post, get all our posts with our Email Feed!

Popularity: 1% [?]

Posted in Earnings, Good News, Major Moves, New Highs Tags: , , , , , , , , , , , , , , No Comments »

Apple Hits All Time High Following Strong Earnings

Posted by Michael on April 21st, 2010

Apple_LogoShares of tech giant Apple Computer (AAPL) rose to a new all time high today after the company shattered analyst estimates for its fiscal second quarter.

As we noted in our earnings preview for Apple, analysts had forecast earnings of $2.45 per share, and the company blew past those estimates with a reported $3.33.

Once again the company got a big boost from iPhone sales, with 8.7 million new iPhones sold during the quarter, more than double the amount of iPhones sold last year.

Looking ahead Apple expects to earn $2.28 to $2.39 per share for its current quarter.

Apple stock is up 5.6% on the day to $258.28, up $13.69 and hit a new all time high today at $260.25.

You can read more from Michael on AOL’s Bloggingstocks

If you enjoyed this post, get all our posts with our Email Feed!

Popularity: 1% [?]

Posted in Good News, Technology Tags: , , , , , , , , , , , , , No Comments »

Earnings Previews : KO, AAPL, ALTR & STT

Posted by Michael on April 19th, 2010

cokeEarnings season continues to chug right along, and tomorrow we have some more big names due to report their quarterly earnings. Here are a few of the names reporting tomorrow:

  • Coca Cola (KO) : Coca Cola will be reporting first quarter numbers tomorrow, and analysts have forecast $0.74 per share. During the same period last year Coca Cola had earnings of $0.65.
  • Apple Computer (AAPL) : Apple is going to report fiscal second quarter numbers tomorrow, and analysts have forecast earnings of $2.43 per share, compared with $1.33 it earned during the same period last year.
  • Altera Corp (ALTR) : Altera is due to reporting Q1 numbers, with Wall Street forecasts calling for $0.40 per share. For the same period last year the company had earnings of $0.15.
  • State Street (STT) : State Street is going to report Q1 earnings tomorrow. Analysts have forecast $0.75 per share, verse $1.04 during the same period last year.

you can find a complete listing of upcoming and historic earnings reports on earnings.com

You can read more from Michael on AOL’s Bloggingstocks

If you enjoyed this post, get all our posts with our Email Feed!

Popularity: 1% [?]

Posted in Earnings, Forecasts Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , No Comments »

Google Sells Off Following Q1 Earnings Report

Posted by Michael on April 16th, 2010

googleThis afternoon after the market closed, search engine giant Google Inc. (GOOG) reported better than expected earnings for its first quarter.

As we noted in our Google earnings preview, analysts had forecast earnings of $6.60 for the quarter. Google outpaced analyst earnings by posting earnings of $6.76 a share.

Despite posting better than expected earnings figures, the stock traded down nearly 5% in after hours trading as investors reacted negatively to the company’s rising costs.

Total costs and expenses rose to $4.3 billion from $3.6 billion during the same period last year. Most of the increase in expenses came from hiring close to 800 new employees during the quarter.

Visit bloggingstocks for a more in depth analysis of Google’s first quarter results.

You can read more from Michael on AOL’s Bloggingstocks

If you enjoyed this post, get all our posts with our Email Feed!

Popularity: 1% [?]

Posted in Earnings, Good News, Technology Tags: , , , , , , , , , , , , , , , , , , , , , No Comments »

Pier 1 Fourth Quarter Earnings Preview

Posted by Michael on April 7th, 2010

pier1Home furnishing retailer Pier 1 Imports (PIR) is trading slightly higher today ahead of tomorrow’s fourth quarter earnings report.

With hopes building that the economic recovery is on solid footing, Wall Street will be looking for Pier 1 earnings as an indicator of just how much money people are putting back into their homes.

For the quarter, analysts have forecast Pier 1 to report earnings of $0.31 per share. During the same period last year the company had a loss of $0.33 per share.

You can read more from Michael on AOL’s Bloggingstocks

If you enjoyed this post, get all our posts with our Email Feed!

Popularity: 1% [?]

Posted in Earnings, Forecasts Tags: , , , , , , , , , , , , , , , , , , , , , , , No Comments »

Strong earnings send market higher

Posted by Michael on November 13th, 2009

All of the major index’s were higher today, following a strong round of earnings report this morning.

The DOW closed the day up 0.7%, NASDAQ up 0.8% and the S&P rose 0.5%.

Walt Disney (NYSE: DIS) reported fiscal fourth quarter earnings last night following the market close, and easily outpaced analyst estimates. Analysts had been expecting to see the company report 41 cents per share, but the actual report was much higher at 46 cents per share.

Retailer J.C. Penny (NYSE: JCP) reported third quarter earnings this morning that fell a penny short of analyst estimates, but fell in the upper range of the company’s earlier earnings forecast.

DIS stock traded up 4.8% on the day, while JCP gained 6.2% on the day.

You can read more from Michael on AOL’s Bloggingstocks

If you enjoyed this post, get all our posts with our Email Feed!

Popularity: 2% [?]

Posted in After the Bell, Earnings, Good News Tags: , , , , , , , , , , , , , , , , , , , , , , , No Comments »

Disney (DIS) up sharply after posting strong Q4 earnings

Posted by Michael on November 12th, 2009

disneyThis afternoon entertainment giant Walt Disney Co. (NYSE: DIS) reported its fiscal fourth quarter earnings, and posted strong numbers that easily outpaced analyst estimates for the quarter.

Going into this afternoon’s earnings report, analysts had been expecting the company to post earnings of 41 cents per share. The company’s actual earnings came in higher, with a reported 47 cents per share.

For the same period last year the company had 40 cents in earnings.

Late day traders are pushing shares up 3% in after hours trading.

You can read more from Michael on AOL’s Bloggingstocks

If you enjoyed this post, get all our posts with our Email Feed!

Popularity: 12% [?]

Posted in After the Bell, Earnings, Good News Tags: , , , , , , , , , , , , , , , , , , , No Comments »