Here are some highlights from this past week's earnings coverage from BloggingStocks:
- AnnTaylor Stores Corp. (NYSE: ANN) posted dismal Q3 results as same-store sales sank.
- Autodesk Inc. (NASDAQ: ADSK) declined to release an outlook for next year due to the economic turmoil.
- BASF AG (OTC: BASFY) profit warning resulted in analysts' upgrades and downgrades both.
- Dell Inc. (NASDAQ: DELL) handily beat Q3 expectations due in part to share buybacks.
- GameStop Corp. (NYSE: GME) missed Q3 earnings expectations and same-store sales declined.
- Hewlett-Packard Co. (NYSE: HPQ) forecast Q4 results above estimates on cost cutting and global reach.
- Home Depot Inc. (NYSE: HD) reported better-than-expected Q3 results though sales had declined.
- LDK Solar Co. Ltd. (NYSE: LDK) Q3 earnings more than doubled and revenued surged 70%.
- Lowe's Cos. Inc. (NYSE: LOW) posted better-than-expected Q3 results though same-store sales slipped.
- McDonald's Corp. (NYSE: MCD) 2009 earnings prospects resulted in an analyst's upgrade.
- Nokia Corp. (NYSE: NOK) earnings warning resulted in upgrades from a few analysts.
- PetSmart Inc. (NASDAQ: PETM) topped expectations and forecast full-year profits higher than estimates.
- Suntech Power Holdings Co. (NYSE: STP) fell short of earnings expectations and lowered its guidance.
- Trina Solar Ltd. (NYSE: TSL) Q3 earnings quadrupled and revenue more than tripled on increased demand.
Also, Douglas McIntyre ponders the consequences when U.S. analysts are more bullish than their counterparts elsewhere. Expect further revenue and earnings declines, as well as earnings guidance reductions, as economic conditions worsen, say economists.
For more earnings highlights from this week, see Target, Heinz, Barnes & Noble, Pepsi, Disney and others.
Upcoming earnings releases include Analog Devices (NYSE: ADI), Campbell Soup (NYSE: CPB), Hewlett-Packard (NYSE: HPQ), Bank of Montreal (NYSE: BMO), Borders Group (NYSE: BGP), D.R. Horton (NYSE: DHI), Hormel Foods (NYSE: HRL), J. Crew (NYSE: JCG), TiVo (NASDAQ: TIVO), Warner Music Group (NYSE: WMG), Deere (NYSE: DE), Tiffany (NYSE: TIF)
Closing Bell: When We All Love the PIIGS (NBG, SQNM, PG, ERTS, KO)
Serious Money: Cheapest Stocks List Shrinks from 26 to 21
Chasing Value: Hasbro Earnings Makes My Point
