Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Bear Stearns Cos. Inc. (NYSE: BSC) reported a profit that missed expectations by a penny.
- Caterpillar Inc. (NYSE: CAT) posted higher profits in the first quarter, boosted by global gains.
- Charles Schwab Corp. (NASDAQ: SCHW) first-quarter earnings were in line with expectations.
- Citigroup Inc. (NYSE: C) posted a bigger-than-expected loss on further write-downs.
- Crocs Inc. (NASDAQ: CROX) lowered first-quarter guidance led the stock to a new 52-week low.
- Eaton Corp. (NYSE: ETN) beat first-quarter estimates due to strong demand overseas.
- Gilead Sciences Inc. (NASDAQ: GILD) posted better-than-expected first-quarter earnings.
- ITT Corp. (NYSE: ITT) raised its first-quarter and full-year earnings guidance.
- Johnson & Johnson (NYSE: JNJ) reported better-than-expected first-quarter earnings.
- JPMorgan Chase & Co. (NYSE: JPM) beat expectations though first-quarter profits fell
- Merrill Lynch & Co. (NYSE: MER) posted a bigger-than-expected first-quarter loss due to write-downs.
- TD Ameritrade Holding Corp. (NASDAQ: AMTD) second-quarter EPS rose 35%, but revenue fell.
- U.S. Bancorp (NYSE: USB) beat first-quarter earnings expectations thought profits slipped.
- Wachovia Corp. (NYSE: WB) posted its first quarterly loss since 2001 and cut its dividend.
- Washington Mutual Inc. (NYSE: WM) swung to a first-quarter loss of more than $1 billion.
- Wells Fargo & Co. (NYSE: WFC) beat expectations though first-quarter profits fell.
Also, Jim Cramer doesn't think General Electric (NYSE: GE) is the bellwhether some take it for. Goldman Sachs (NYSE: GS) is pessimistic about this earnings season. Tymothy Sykes looks at some other companies that may follow in the footsteps of Crocs. And here's a look at some companies that reported this week that could bounce back after the recession, as well as earnings expectations for "barometer" companies reporting next week.
Upcoming results to watch for include Bank of America (NYSE: BAC), Halliburton (NYSE: HAL), Merck (NYSE: MRK) Texas Instruments (NYSE: TXN), AT&T (NYSE: T), DuPont (NYSE: DD), Yahoo! (NASDAQ: YHOO), Amazon.com (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Boeing (NYSE: BA), UPS (NYSE: UPS), 3M (NYSE: MMM), PepsiCo (NYSE: PEP), Microsoft (NASDAQ: MSFT), Motorola (NYSE: MOT), and McDonald's (NYSE: MCD).
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Reader Comments (Page 1 of 1)
5-14-2008 @ 5:51PM
Kenneth said...
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