earnings surprises

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 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.

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.