Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Aetna Inc. (NYSE: AET) net income rose on membership growth and a hike in premium rates.
- Altria Group Inc. (NYSE: MO) beat Q2 estimates, excluding charges related to its international cigarette unit.
- Arcelor Mittal (NYSE: MT) Q2 profit doubled on higher prices and it offered upbeat guidance.
- Comcast Corp. (NASDAQ: CMCSA) Q2 net income rose on higher rates but missed expectations.
- Corning Inc. (NYSE: GLW) earnings were in line with expectations, but revenue fell short.
- Exxon Mobil Corp. (NYSE: XOM) posted another record quarterly profit but Wall Street was looking for more.
- Garmin Ltd. (NASDAQ: GRMN) missed Q2 revenue estimates as fuel prices depressed growth.
- IAC/InterActive Corp. (NASDAQ: IACI) swung to a Q2 loss on a one time charge, but revenue rose.
- Kraft Foods Inc. (NYSE: KFT) beat Q2 earnings expectations on price hikes, and raised its guidance.
- McAfee Inc. (NYSE: MFE) reported healthy Q2 results and announced an acquisition.
- MetLife Inc. (NYSE: MET) missed earnings expectations and lowered its full-year guidance.
- Nucor Corp. (NYSE: NUE) reported record Q2 results and forecast a strong next quarter.
- Ryanair Holdings (NASDAQ: RYAAY) said Q1 profit tumbled on rising fuel prices and recession fears.
- Sirius Satellite Radio Inc. (NASDAQ: SIRI) said it expects a narrower Q2 loss ahead of the merger.
- Starbucks Corp. (NASDAQ: SBUX) swung to a Q3 loss on charges related to store closings.
- Valero Energy Corp. (NYSE: VLO) Q2 earnings fell 67% but still beat Wall Street estimates.
- Viacom Inc. (NYSE: VIA) posted better-than-expected earnings driven by Iron Man and Indiana Jones.
For more highlights from this week, see: General Motors, Motorola, Disney, Sony, Visa, CBS and others
Upcoming quarterly reports include Archer Daniels Midland (NYSE: ADM), Procter & Gamble (NYSE: PG), Jack-in-the-Box (NYSE: JBX), Cisco (NASDAQ: CSCO), News Corp. (NYSE: NWS), Whole Foods (NASDAQ: WFMI), Sprint Nextel (NYSE: S), Time Warner (NYSE: TWX), Freddie Mac (NYSE: FRE), and Blockbuster (NYSE: BBI).
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