Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Abercrombie & Fitch Co. (NYSE: ANF) posted solid Q2 results despite touch economic conditions.
- Apollo Management LP swung to a net loss on a write down and litigation, but is on track for an IPO.
- Cree Inc. (NASDAQ: CREE) beat analysts' expectations and raised its revenue guidance.
- Dr Pepper Snapple Group Inc. (NYSE: DPS) beat earnings estimates and raised its full-year guidance.
- 4Kids Entertainment Inc. (NYSE: KDE) widened its Q2 net loss more than analysts had anticipated.
- Kohl's Corp. (NYSE: KSS) topped Q2 expectations and raised its full-year guidance.
- Lions Gate Entertainment Corp. (NYSE: LGF) unexpectedly swung to a Q1 profit as revenues soared.
- Macy's Inc. (NYSE: M) beat Q2 expectations despite lower sales, and warned of weakness ahead.
- Napster Inc. (NASDAQ: NAPS) Q1 net loss matched the previous quarter and the year-ago loss.
- Nordstrom Inc. (NYSE: JWN) beat Q2 expectations despite a drop in earnings and lowered its guidance.
- Sirius XM Radio Inc. (NASDAQ: SIRI) CEO predicted post-merger earnings next year.
- Thomson Reuters Corp. (NYSE: TRI) Q2 profit fell while revenue soared, but still missed estimates.
- UBS (NYSE: UBS) dismal Q2 results were accompanied by speculation of breaking up the bank.
- Wachovia (NYSE: WB) revised its Q2 loss to include auction rate securities settlements.
Also, Jim Cramer warns against bearishness on the financials and also suggests that the collapse of commodities will buoy earings.
For more highlights from this week, see: Wal-Mart, JCPenney, MBIA, Deere, Applied Materials and others
Upcoming quarterly reports include Lowe's (NYSE: LOW), Home Depot (NYSE: HD), Hewlett-Packard (NYSE: HPQ), Target (NYSE: TGT), La-Z-Boy (NYSE: LZB), Saks (NYSE: SKS), BJ's Wholesale (NYSE: BJ), Limited Brands (NYSE: LTD), Barnes & Noble (NYSE: BKS), Burger King (NYSE: BKC), Gap (NYSE: GPS), Heinz (NYSE: HNZ), and Intuit (NASDAQ: INTU).
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