quarterly earnings

Week in Preview: Earnings, March Jobs Report

The quarter winds down this week and reports due out include Apollo Group, Carmax and Krispy Kreme. But analysts surveyed by Thomson Reuters have high hopes for results from fertilizer and animal feed maker Mosaic, apparel maker Phillips Van Heusen and discount retailer Family Dollar.

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.

Health Insurers Post Healthy Profits but Remain Cautious on 2011

The recent pushback on health care reform appears to have boosted the stock prices of health insurance companies, which have outperformed major indexes by quite a margin so far this year. That's because Americans have been cutting back on doctor visits, keeping reimbursement costs low.

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.

McDonald's to Boost Prices on Some Menu Items

McDonald's will increase prices on some items in the U.S. this year in response to rising commodity prices that are boosting food costs, Chicago Breaking Business reported, citing remarks the company made on its earnings conference call Monday.

Toyota Revives Miss. Plant, Will Boost U.S. Production

Toyota plans to rev up its vehicle production in the U.S., despite November's 7.3% drop in U.S. sales. The automaker has hired the first of an expected 2,000 workers for a new Mississippi Corolla plant, and says it expects to boost overall capacity utilization significantly from last year's weak levels.

News Corp. Buries HarperCollins' Earnings

Why did News Corp bury the earnings results of its book publishing unit HarperCollins? Does the media giant view the publisher as merely an afterthought -- or could Rupert Murdoch be contemplating a sale?

J&J Earnings Hurt by Children's Medicine Recalls

Tylenol and Band-Aid maker Johnson & Johnson announced on Tuesday that its sales declined 0.7% to $15 billion in the third quarter, compared to the same quarter last year, as domestic sales were "significantly impacted" by recent successive recalls. Domestic sales declined 2.5%.

Fraud Files: When 'Immaterial' Errors Hide Real Problems

When companies use the word "immaterial" to describe errors or irregularities in their previously reported numbers, what they're trying to say is that their mistakes involved such small amounts that they don't really matter. Too often, though, that's not really the case.

Darden Restaurants Reports Quarterly EPS of 80 Cents

Darden Restaurants (DRI), owner of brands including Olive Garden and Red Lobster, reported quarterly net earnings from continuing operations of 80 cents per share, up from 67 cents per share a year earlier. Sales from continuing operations were $1.81 billion in the quarter ended Aug. 29, up 4.2% from a year earlier, the company said in a statement.

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.

Supervalu Earnings: Grocer's Woes Continue

Grocery chain Supervalu reported a net income of 31 cents per share this morning for the last quarter, which ended May 10, a 40% decline year-over-year. An after-tax charge of 12 cents per share that brought the figure down, but the quarter was still a disappointment.

Wal-Mart's Exec Exodus Continues with Apparel Boss

Wal-Mart's U.S. Apparel chief Dottie Mattison has resigned, the latest in a string of high-level departures announced or slated to take place at the company since its new U.S. CEO was announced in late June.

Beyond Apple: 3 Ways to Profit From Smartphones

Apple posted record revenues last week, and the main driver of its growth is the smartphone revolution. Since Apple got into the market three years ago, its stock price has zoomed from $118 to $260. But what other smartphone plays might benefit investors?

Ford Earnings Preview: Sales and Profits Hit the Gas

FordFord Motor is set to deliver strong earnings when it reports second-quarter results Friday. After disastrously low sales in 2009, the auto industry as a whole has been in recovery mode this year -- and Ford has been one of the biggest beneficiaries of the revival.

Smithfield Foods Earnings Beat Wall Street Estimates

Smithfield Foods beat Wall Street's fourth-quarter earnings estimates Thursday, its report noting that signs are emerging to indicate the beginnings of a turnaround in the battered and beleaguered hog industry. The company's adjusted results showed a profit of 18 cents a share.

Cisco's Big Sell-Off Makes Its Shares a Steal

Shares of internet networking giant Cisco tanked after its earnings report on Thursday but the company hardly blew its quarterly earnings. In fact, Cisco beat estimates. That gives investors an opportunity to buy in at attractive levels.

E-Book Sales Give a Big Boost to Simon & Schuster

Book publisher Simon & Schuster did not have the greatest of first quarters, according to the report released Wednesday: Sales and earnings dropped or were flat compared to a year ago. The bright spot, however, came on the digital side, with e-book sales zooming up.

Ford Posts Profit, but Debt Is a Concern

Ford Motor's turnaround plan appears to be working. The automaker earned $2.7 billion in 2009 and saw sales rise 13% in the fourth quarter. But how will the automaker meet the many challenges still ahead while burdened by some $34 billion in debt?

AMD Beats the Street, Stock Drops Anyway

Advanced Micro Devices released Q4 earnings numbers Thursday of $1.18 billion, or $1.52 per share, topping expectations. But with much of the gains coming from a $1.25 billion settlement with Intel, and with AMD offering negative guidance for Q1 2010, stock prices dipped in after-market trading.