earnings season

Market Woes Aside, Earnings Are Looking Up

Given the market's extreme and distressing gyrations over the past week, you'd be forgiven for thinking corporate earnings had been, on the whole, disappointing. But that's not actually the case: A large majority of public companies have performed quite well.

Earnings Season: Harbinger to Next Round of Layoffs?

Wall Street will watch second quarter earnings for telltale signs that the economy has slowed or that corporate margins are even tighter than is feared. But the ones reporting negative outlooks are likely to go back to the same old solution they used so often in recent years: layoffs.

Earnings Season Opens: Early News and Previews

Earnings season unofficially kicks off today, but 26 companies have already reported for the second quarter of this year. According to institutional data provider Capital IQ, here are some of the highlights so far:

Three Things to Watch During Earnings Season

Earnings season is near, and investors, as always are worried. Don't fret too much, though: Odds are that your company will come out on top on the bottom line -- because most do. But what will separate the winners from the whiners for the coming quarter? Here are the three key factors.

Will GM Post Its First Annual Profit Since 2004?

Or will it disappoint? Investors -- and taxpayers -- will be watching on Thursday, when GM is posts its latest earnings. Despite analyst expectations of a full-year profit, the automaker has warned that fourth-quarter results will fall "significantly" from previous periods.

S&P 500 Quarterly Earnings Beat the Street by 4.5% So Far

The S&P 500 is a bellwether for the American economy, and with quarterly reports for more than half of the index's companies in this earnings season, S&P 500 firms are averaging a 4.5% positive earnings per share surprise, according to Capital IQ's Earnings This Week report.

Toyota Fights Recall Woes and Stronger Yen

The Japanese automaker's bottom line is likely to have been affected by its continuing safety recalls, weaker U.S. sales and the rising value of the yen, which has made exports more expensive. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of $56.2 billion.

Ford Shares Tank on Its Earnings Disappointment

Ford shares headed down sharply after the company announced quarterly earnings 18 cents per-share lower than analyst expectations. The miss cast a shadow on the report from Ford, which posted its best annual profit in a more than decade -- $6.6 billion.

Ford May Post Its Best Yearly Profit in a Decade

Analysts forecast that Ford will announce a profit of 48 cents a share on revenue of about $30.6 billion when it releases earnings on Friday. That translates into an expected pretax profit of $8 billion in 2010, the best Ford has seen since 1999.

Another Week of Robust Corporate Earnings?

Apple, Bank of America, Morgan Stanley, IBM, GE, Goldman Sachs and Google are just a sampling of names releasing results this week. And if last week's numbers are any guide, the market should have plenty of reasons to rally -- especially because expectations aren't all that great.

Another Earnings Season, Another Subdued Market?

The S&P 500 gained about 13% last year, but it didn't get much help while companies were releasing results. But it didn't get much help while companies were releasing results. The broader market was actually unchanged or lower for all four of 2010's earnings seasons.

Week in Preview: First Earnings Reports and Economic Readings

Alcoa, Intel and JPMorgan Chase will kick off a new earnings season this week when they report their results for the fourth quarter of 2010. Here's a quick look at what analysts surveyed by Thomson Reuters expect to see, followed by a glance at what's coming up on the economic calendar.

GM's IPO: Recovery -- Not the End of the Road

Considering where the iconic carmaker has been in recent years, the pending IPO -- and robust investor demand for shares -- is a remarkably positive step. But GM still has plenty of problem spots that will need fixing if this historic event is to have lasting meaning.

Toyota Earnings Preview: Recalls May Hurt

When Toyota Motor reports quarterly earnings tomorrow it will give investors the latest snapshot of how big a toll massive recalls and tepid auto sales are taking on the company's bottom line.

Ford May See Record Third-Quarter Earnings

Riding high on improved demand for its vehicles, analysts expect Ford to post a record third-quarter profit of $1.37 billion compared to $997 million in the year-ago period. The automaker's current third-quarter earnings record is $1.13 billion, set in 1997.

Week in Preview: The Earnings Crunch Is Back

Third-quarter reports are due from tech, financial, airline and pharmaceutical companies, amont others. Here's a day-by-day rundown of the coming earnings highlights, with a closer look at Apple, Harley-Davidson, Netflix and Southwest Airlines.

Third-Quarter Profits Should Keep Rebounding

Earnings season unofficially kicks off after the markets close Thursday when Alcoa reports. And some big-name beat-and-raise earnings reports could be just the spark to ignite that market-moving dry powder.

Costco Earnings Rise on Overseas Strength

Costco Wholesale Corp (COST) reported earnings of 97 cents per diluted share for the quarter ended Aug. 29, compared with 85 cents per diluted share a year earlier. Net sales rose to $23.59 billion, from $21.89 billion a year earlier, the company said in a statement. Comparable sales rose 6% from a year earlier, driven by strong international growth.

Rite Aid Earnings Highlight Another Rough Quarter

Rite Aid Corporation (RAD) announced a quarterly loss of 23 cents per diluted share, compared to a loss of 14 cents per share a year earlier, thanks to refinancing costs and falling revenues. Revenue for the quarter ending Aug. 28 was $6.2 billion, compared with $6.3 billion a year earlier, the company said in a statement. Same store sales fell 1.5%.

AutoZone Quarterly EPS Jumped to $5.66

AutoZone Inc (AZO) reported diluted earnings per share of $5.66 for the quarter ended Aug. 28, a 27.7% increase from a year earlier. Net sales rose 9.5% from a year earlier to $2.4 billion in the fourth quarter of fiscal 2010, the auto parts company said in a statement. AutoZone opened 80 new stores in the U.S. in the quarter, and 26 new stores in Mexico.

Kroger Reports Earnings of 41 Cents Per Share

Supermarket giant Kroger (KR) said earnings per share rose to 41 cents in the second quarter of fiscal 2010 from 39 cents a year earlier. Sales, including fuel, were $18.8 billion for the quarter, up 6% from a year earlier, the company said in a statement. Identical supermarket sales, without fuel, rose 2.7

BP to Delay Third Quarter Earnings Report by One Week

BP (BP) will delay the release of its third quarter earnings by one week to give the company more time to incorporate data and disclosures related to the oil spill in the Gulf of Mexico. BP%u2019s earnings will now be released on Nov. 2, Dow Jones Newswires said.

Campbell Soup Reports Quarterly Earnings of 33 Cents Per Share

Campbell Soup Company (CPB) reported net earnings of 33 cents per share for the quarter ended Aug. 1, compared with adjusted net earnings of 30 cents per share a year earlier. The improvement in earnings was driven by a lower effective tax rate and a reduction in weighted average diluted shares outstanding, the company said in a statement. Sales fell 1% to $1.518 billion in the quarter.