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Market Update : 
Schwab Earnings Rise But Stock Falls
Author: Elena Todorova
123jump.com
Last Update: 10:06 AM EST January 18 2006


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Southwest Airlines, (LUV), airline company, reported that Q4 net income advanced to 10 cents a share, up 53.6% from the year-ago period. If not for the effects of unsettled derivatives transactions, net income rose 44% to 12 cents a share. Operating revenue for the quarter increased 20.1%. The company missed analysts’ expectations for earnings of 13 cents a share.

State Street Corp, (STT), provider of products and services for global investors, reported Q4 net income of 74 cents a share, up 35% from 55 cents a share in the year-ago period on revenue growth, beating analyst estimate by a penny. Return on stockholders'' equity from continuing operations was 15.9% in Q4, up from 11.9%.

Ethan Allen Interiors Inc., (ETH), home furnishings retailer, reported that Q2 profit increased to 77 cents a share, up from 63 cents in the year-ago period. Sales for Q2 rose to $276 million from $245.3 million in last year''s Q2.


$26.70
0.00%
$16.12
-0.12%
$192.62
0.10%
$41.60
-0.12%
$44.99
-0.57%
$22.28
1.13%
$38.30
1.83%
$9.72
1.04%
$40.23
-1.06%
$26.33
1.54%
click on symbol for profile



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