Corinthian Colleges Net Declines but Tops Estimate
Apr 28, 9:24 AM EDT |
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| Simon Property Group net surges, Automatic Data Processing tops estimates by a penny, Snap-On earnings rise. |
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| Corinthian Colleges Inc, education group, reported Q3 net income dropped to 17 cents a share, from 23 cents a share a year earlier. The company added that current earnings incorporate stock-option expensing costs of 2 cents a share. Revenue dropped to $250.3 million from $252.8 million. The company also announced that the sale of its Corporate Education Services division reduced revenue by around $7.1 million in Q3. |
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Rockwell Automation Net Drops due to Outstanding Shares
Apr 27, 9:29 AM EDT |
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| Coca-Cola meets estimate excluding items, AutoNation continuing operations net up, Kellogg outperforms last year’s result. |
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| Rockwell Automation, maker of automation and control systems, reported that Q2 net income dropped to $146.5 million, or 81 cents a share, from $150 million, or 79 cents a share in the year-ago period. |
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Ashland Quarterly Net Reaches 67 Cents
Apr 26, 9:39 AM EDT |
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| Parametric technology net declines, Sealed Air posts flat quarterly net, Louisiana-Pacific net drops. |
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| Ashland Inc, provider of chemical and transportation products and services, reported Q2 earnings of 67 cents a share, up from a profit of 44 cents a share a year-ago. Q2 results include 8 cents a share, in after-tax interest income, and tax benefits of 11 cents a share, from research and development credits and favorable adjustments to tax contingency reserves. |
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Potlatch Earnings Soar on Tax Benefit
Apr 25, 9:44 AM EDT |
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| AT&T profit rises, Carlisle quarterly net soars, Rayonier posts net decline. |
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| Potlatch Corp, forestland and produces lumber and panel products owner, reported Q1 earnings of $2.07 a share, up from a profit of 13 cents a share a year-ago. Q1 included a tax benefit of $1.72 a share, related to the company''s conversion to a real estate investment trust on Jan.1. |
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Xerox Misses Views by a Penny
Apr 24, 9:37 AM EDT |
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| Novartis tops view on sales growth, Caterpillar reports 48% earnings growth, Rohm and Haas net advances 30%. |
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| Xerox Corp, document equipment, software and solutions company, reported Q1 net income of $200 million, or 20 cents a share, slightly down from $210 million, or 20 cents a share a year earlier. Total revenue slipped 2%. |
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Ford Reverses to Loss
Apr 21, 9:11 AM EDT |
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| Royal Caribbean net declines, RadioShack net misses estimate, 3M Co beats views and raises outlook. |
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| Ford Motor, automaker, reported a Q1 loss of 64 cents a share, vs. earnings of 60 cents a share in the year-ago period on 9% revenue decline due to a 6% decline automotive sales. If not for non-recurring items, earnings would have been 24 cents a share. The company beat analysts’ views for earnings of 25 cents a share. |
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General Motors Quarterly Net Improves
Apr 20, 9:39 AM EDT |
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| EMC tops estimate excluding charges, Nokia’s profit up 21%, Marriott income falls 55%, Bank of America net up 14%. |
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| General Motors, automaker, reported a Q1 loss of 57 cents a share, up from loss of $2.22 a share a year-ago. Q1 included a $1.20 a share charge for a healthcare settlement for its retired workers. The charge reflected a deal with the United Auto Workers union to cut GM''s outlays on health care, which the automaker said would save it about $13 billion over six years. |
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American Standard Lifts Guidance
Apr 19, 9:13 AM EDT |
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| Piper Jaffray net soars, Sonoco tops earnings forecasts, Knight Capital Group net surges. |
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| American Standard, manufacturer, reported a 33% decline in Q1 earnings to 40 cents a share despite 9% revenue growth. If not for operational consolidation expenses, it would have earned 43 cents a share, still down from a year earlier. |
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Pepsi Bottling Group Net Slips
Apr 18, 9:17 AM EDT |
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| Merrill Lynch net down on charge, KeyCorp net advances, Emmis Communications tops estimate. |
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| Pepsi Bottling Group Inc, carbonated and non-carbonated Pepsi-Cola beverages distributor, reported Q1 net income of 14 cents a share, a penny down from the year-ago result. If not for expenses tied to the adoption of an accounting rule regarding share-based payments, the company would have earned 18 cents a share in Q1. |
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Citigroup Tops Estimate
Apr 17, 9:34 AM EDT |
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| Wachovia net grows, Knight Ridder net down on interest expense, Eaton’s net advances. |
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| Citigroup, financial services provider, reported that its Q1 net income advanced 4% to $1.12 a share, up from $1.04 a share in the same period a year earlier on strong results in its global consumer banking and corporate investment banking operations, beating analyst estimate for earnings of $1.02 a share. |
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