Posts Tagged ‘Earnings’

Earnings Previews : BMY, XOM & PG

exxon_mobilA few more big names are going to get their chance to impress Wall Street when they report earnings tomorrow.

Here are a few of the names that will be reporting tomorrow:

  • Bristol Myers Squibb (BMY) : Bristol Myers will be reporting its first quarter results tomorrow. The company is expected to report earnings of $0.51 per share, verses $0.41 during the same period last year. The stock closed the day up 0.5% to $24.34 and will report earnings before the market opens.
  • Exxon Mobil (XOM) : Exxon will be reporting its first quarter results tomorrow. The company is expected to report $1.41 per share, compared to $0.92 during the same period last year. It will announce its results before the market opens. Exxon stock traded up 1.35% today to $69.19.
  • Procter & Gamble (PG) : Procter & Gamble will be reporting its fiscal third quarter results tomorrow. The company is expected to report earnings of $0.82 per share, compared to $0.84 during the same period last year. The stock finished the day up 0.87% to $63.17 and will announce its quarterly results before the market opens.

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Earnings Previews : DD, XLNX, DD, S, GD

dupont_logoThe earnings season continues to move along, and a couple big stocks are going to be reporting their earnings tomorrow. Here are a few of the stocks that are going to report earnings tomorrow:

  • DuPont (DD) : DuPont is going to be reporting its first quarter numbers tomorrow. Analysts have forecast earnings of $1.06, verses $0.54 during the same period last year. The company will be announcing earnings before the market opens in the morning. The stock is trading down 0.9% today to $40.57.
  • Xilinx (XLNX) : Xilinx is due to report fiscal fourth quarter numbers tomorrow, and analysts forecasts are for $0.45 per share. During the same period last year the company had earnings of $0.20 per share. The stock is trading down 1.4% today to $26.83. Earnings will be released after the market closes tomorrow.
  • Sprint Nextel (S) : Sprint is expected to post a loss of $0.17 for its first quarter tomorrow before the market opens. During the same period last year the company had a loss of $0.21. The stock is trading down 0.8% today to $4.20.
  • General Dynamics (GD) : General Dynamics will report its first quarter numbers tomorrow before the market opens, and Wall Street is expecting to see the company post $1.51 per share. During the same period last year the company had earnings of $1.54 per share. The stock is trading down 0.4% today to $78.33.

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Caterpillar Posts Better Than Expected Q1 Earnings

CaterpillarStrong first quarter earnings from Caterpillar Inc. (CAT) have helped pushed the market higher to start off the week.

Shares of Caterpillar are up 4.5% on the day to $71.91, up $3.13 following better than expected results this morning before the market opened.

Analysts were forecasting $0.39 per share, and the company easily outpaced those estimates with a reported $0.50 per share.

Revenues were a bit shy of analyst estimates, but the stock is surging after it raised its forecast for full year 2010 to $2.50 to $3.25 a share, up from its previous forecast of $2.50 per share.

S&P boosted its price target on the stock to $80 a share, and maintained its Buy rating on the company.

The company noted that the global economy is definitely improving, and as a result construction has been rebounding. This helped pushed the overall market higher today, with the DOW up over 25 points in afternoon trading.

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New 52 Week Highs : MSFT, AAPL, HD & AXP

MicrosoftSome big name stocks set new 52 week highs today. Here are some of the stocks that were able to set new highs to head into the weekend:

  • Microsoft (MSFT) : Tech giant Microsoft set a new 52 week high today, trading up to $31.58 before closing the trading session down 1.4% on the day to $30.96, down $0.43. The company posted better than expected fiscal Q3 earnings last night following the market close.
  • Apple Computer (AAPL) : Apple continues to trade strongly following better than expected earnings earlier this week. The stock hit a new all time high today of $272.18. The stock finished out the session up 1.6% to $270.83, up $4.36.
  • Home Depot (HD) : Home improvement giant Home Depot set a new 52 week high today. The stock traded as high as $36.44 and closed the session just under its daily high at $36.39, up $0.67 or 1.9%. Home Depot will not be reporting its earnings until mid May.
  • American Express (AXP) : Financial giant American Express set a new 52 week high today of $49.19. The stock closed the day up 2.7% at $48.05, up $1.28. The company posted better than expected earnings Thursday night, reporting $0.73 per share, verses analyst estimates for $0.63.

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Xerox Soars Following Strong Q1 Earnings

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.

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Earnings Preview : AMZN, AXP, PEP, COF

amazon_logoSome more big name companies are going to take their turn reporting earnings tomorrow. Here are a couple of the stocks to keep an eye out for tomorrow when they report earnings:

  • Amazon.com Inc. (AMZN) : Following tomorrow’s market close, online auction giant Amazon is going to report its first quarter results. Analysts are forecasting earnings of $0.61 per share, verses $0.41 during the same period last year.
  • American Express Co. (AXP) : American Express will report Q1 earnings tomorrow after the market close, and Wall Street analysts are looking to see earnings of $0.63 per share. During the same period last year the company had earnings of $0.32.
  • Pepsico (PEP) : Pepsi is going to be reporting Q1 numbers tomorrow. Analysts are expecting to see the company post earnings of $0.75 per share, verses $0.71 during the same period last year. The company will report numbers before the market open.
  • Capital One Financial (COF) : Capital One will be reporting its first quarter numbers tomorrow, and analysts are forecasting earnings of $0.57 per share, verses a loss of $0.45 during the same period last year. Capital One will be reporting its earnings before the market opens in the morning.

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Apple Hits All Time High Following Strong Earnings

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.

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Earnings Previews : MCD, BA, AMGN & QCOM

mcdonalds1A couple more big names are due to report earnings tomorrow as earnings season continues to move right along. Here are a couple of the names to watch out for tomorrow.

  • McDonald’s Corp. (MCD) : McDonald’s is going to be reporting its first quarter numbers tomorrow with analysts forecasting $0.96 per share, verses $0.83 during the same period last year. The company will be reporting its Q1 numbers before the market opens in the morning.
  • The Boeing Company (BA) : Boeing is due to report its Q1 results tomorrow, and Wall Street has forecast earnings of $0.64 per share, verse $0.87 during the same period last year. Boeing earnings will be released before the market opens tomorrow.
  • Amgen (AMGN) : Amgen will be reporting first quarter numbers tomorrow after the market closes. Analysts have forecast earnings of $1.24 per share, verses $1.08 during the same period last year.
  • Qualcomm Inc. (QCOM) : Qualcomm is going to be reporting fiscal Q2 earnings tomorrow, and analysts are forecasting $0.57 per share. During the same period last year the company had earnings of $0.41, and will be reporting after the market closes Wednesday.

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Earnings Previews : KO, AAPL, ALTR & STT

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

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Google Sells Off Following Q1 Earnings Report

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.

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