Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Analogic Corp. (NASDAQ: ALOG) Q1 earnings plunged well below expectations due to costs.
- CKE Restaurants Inc. (NYSE: CKR) solid Q3 earnings were in line with analysts expectations.
- Costco Wholesale Corp. (NASDAQ: COST) beat Q1 expectations and same-stores sales increased.
- Dow Chemical Co. (NYSE: DOW) lowered its guidance and announced layoffs and factory closings.
- Eastman Kodak Co. (NYSE: EK) withdrew its guidance due in part to weak consumer spending.
- Electronic Arts Inc. (NASDAQ: ERTS) lowered its outlook due to weaker-than-expected holiday sales.
- Eli Lilly & Co. (NYSE: LLY) offered a full-year profit forecast that missed analysts' expectations.
- FedEx Corp. (NYSE: FDX) lowered its earnings guidance and announced price increases.
- FuelCell Energy Inc. (NASDAQ: FCEL) reported a deeper-than-expected loss but topped sales estimates.
- H&R Block Inc. (NYSE: HRB) Q2 net loss was in line with expectations but revenue fell short.
- Hartford Financial Services Group (NYSE: HIG) raised its full-year forecast, doubling the share price.
- Hooker Furniture Corp. (NASDAQ: HOFT) shares sold off following disappointing Q3 results and outlook.
- Krispy Kreme Doughnuts Inc. (NYSE: KKD) reported a deeper-than-expected Q3 loss on increased costs.
- Kroger Co. (NYSE: KR) just beat Q3 expectations but forecast Q4 earnings below estimates.
- Lululemon Athletica Inc. (NASDAQ: LULU) topped expectations but lowered its guidance for the next quarter.
- National Semiconductor Corp. (NYSE: NSM) missed Q2 estimates due to a drop in wireless handset orders.
- Nokia Corp. (NYSE: NOK) received an analyst upgrade due to the credibility of its guidance.
- Procter & Gamble Co. (NYSE: PG) reaffirmed its earnings guidance for this quarter and fiscal 2009.
- Stanley Works (NYSE: SWK) lowered full-year guidance and announced layoffs due to economic conditions.
- Texas Instruments Inc. (NYSE: TXN) warned Q4 earnings would be significantly lower than forecasts.
- 3M Co. (NYSE: MMM) lowered its earnings guidance and announced layoffs due to the economy.
- Toro Co. (NYSE: TTC) just missed swinging to a Q4 loss due to expenses related to early retirements.
Upcoming earnings releases include Adobe (NASDAQ: ADBE), Best Buy (NYSE: BBY), Goldman Sachs (NYSE: GS), Morgan Stanley (NYSE: MS), ConAgra (NYSE: CAG), General Mills (NYSE: GIS), Nike (NYSE: NKE), Discover (NYSE: DFS), FedEx (NYSE: FDX), Oracle (NASDAQ: ORCL), Palm (NASDAQ: PALM), Rite Aid (NYSE: RAD), Research In Motion (NASDAQ: RIMM).
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Reader Comments (Page 1 of 1)
12-25-2008 @ 1:22AM
SeismicStockTrading said...
I wouldn't worry about the lowered earnings at this point. For example, DOW is selling at 6.92 PE with an 8.79 yield. That's overly discounted and I see it as a "buy" below $19.74