earnings preview

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.

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 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.

Week in Preview: December Jobs, Earnings and Retail Reports

The new year's first week will be busy. Due out on Friday is December's umemployment rate, and the consensus is for it to drop to 9.7%. However, few expect real improvement until well into 2011. Also on tap: weekly and monthly chain-store sales, FOMC minutes, ISM services report and more.

Week in Preview: 2010's Final Economic Data Reports

Even as the year winds to a close this week, a handful of economic releases are on the schedule. Starting on Monday, the Chicago Fed releases its Midwest Manufacturing Index for November. Then we'll see consumer confidence, jobless claims and more.

Costco Reports 9% Increase in Nov. Comparable Sales

Costco Wholesale Corp. (COST) said sales at stores open at least one year rose 9% in the four weeks ending Nov. 28, compared with the same period a year ago. Comparable sales in the U.S. rose 7%, while comparable sales at international stores gained 13%, the company said in a statement.

Deere Reports Quarterly Earnings of $1.07 Per Share

Deere & Co. (DE) reported earnings of $1.07 per share for the quarter ended Oct. 31, compared with a loss of 53 cents per share a year ago. The earnings for the fourth quarter of fiscal 2009 included charges worth 76 cents per share related to the impairment of goodwill and voluntary employee separation, the world's largest maker of farm equipment said in a statement.

Heinz Reports Earnings of 78 Cents Per Share

Heinz Co. (HNZ) reported earnings per share from continuing operations of 78 cents for the quarter ended Oct. 27, compared with 76 cents per share a year earlier. Sales for the second quarter of fiscal 2011 fell 1.2% to $2.61 billion, the company said in a statement. The decline was due to currency movements, the statement said. Organic sales in emerging markets rose 10.2%.

Cisco Systems Plunges on Outlook Fears

Cisco Systems (CSCO) plunged in extended hours trading after the company%u2019s forecast for fiscal second quarter earnings came in lower than expected. Shares in Cisco dropped 14.1% to $21.03 a share at 07:23 ET.

Kohl's Third-Quarter Earnings Meet Street Estimates

Kohl%u2019s Corp. (KSS) reported earnings of 63 cents per share for the quarter ended Oct. 30, unchanged from a year earlier. The operator of department stores said net sales rose 4.1% to $4.2 billion. Sales at stores open at least one year rose 1.8%, the company said in a statement.

GM Earnings Preview: A Third Straight Profit?

After reporting a $4.3 billion loss during the last half of 2009, General Motors saw two positive quarters during the first half of the the year and is expected to report a third profitable quarter Wednesday.

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.

Caterpillar Earnings Jump to $1.22 Per Share

Caterpillar Inc. (CAT) reported third quarter earnings of $1.22 per share, compared with 64 cents per share a year earlier. Sales and revenue rose 53% to $11.134 billion, the company said in a statement.

How to Profit From Earnings Report Surprises

Buy-and-hold investing has been a loss for the last decade, and low-risk options will never get you the returns you'll need to retire in style. So how can you find real profits in the market? As venture capitalist and business guru Peter Cohen explains, the answer may be in anticipating surprises.

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.

Ford Earnings Likely to Weaken in 2011 on Higher Costs

Ford earnings are expected to be weaker next year due to higher costs for pensions and materials, according to a research note released Wednesday by Credit Suisse Securities. Forecasts call for pretax income from Ford's North America operations to fall to $4.2 billion in 2011 from $4.8 billion this year.

ConAgra Misses Earnings Estimates, Hikes Dividend

ConAgra Foods (CAG) posted earnings from continuing operations of 32 cents a diluted share for the first quarter of fiscal 2011, compared with 37 cents a share a year earlier. Sales fell 2.4% from a year earlier to $2.8 billion, the company said in a statement.

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.

General Motors Posts a $1.3 Billion Profit

General Motors on Thursday reported net earnings of $1.3 billion in the second quarter on revenue of $33.2 billion, as the resurgent automaker continues to make strides following last year's descent into bankruptcy. On a per-share basis, the Detroit auto giant said it earned $2.55, in the three months ending June.

GM Looks Set to Report Another Profit

Three months after turning profitable since its bankruptcy, GM CEO Ed Whitacre is expected to report it made even bigger profits -- perhaps in excess of $1 billion -- during the second quarter when it releases its latest results on Thursday.