Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Amazon.com Inc. (NASDAQ: AMZN) shares surged after earnings easily topped Q4 expectations.
- AT&T Inc. (NYSE: T) reported that its Q4 earnings fell while its revenue rose marginally.
- Boeing Co. (NYSE: BA) posted a big loss and lower revenue due to strikes and design changes.
- Caterpillar Inc. (NYSE: CAT) reported that Q4 profit fell despite higher revenue and lowered its guidance.
- Danaher Corp. (NYSE: DHR) lower Q4 profit topped analysts' estimates, sending shares higher.
- Eastman Kodak Co. (NYSE: EK) reported a Q4 net loss and announced additional job cuts.
- EMC Corp. (NYSE: EMC) revenue growth slowed in Q4 and it offered grim guidance for 2009.
- Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported its biggest quarterly loss ever.
- Hershey Co. (NYSE: HSY) said its Q4 profit beat expectations but the full-year earnings declined.
- Kimberly-Clark Corp. (NYSE: KMB) Q4 results fell short of estimates and it warned of no growth in 2009.
- Nintendo Co. (OTC: NTDOY) lowered its guidance due to currency issues and lower Wii sales forecast.
- Qualcomm Inc. (NASDAQ: QCOM) Q1 earnings fell and it warned of further profit declines to come.
- Sun Microsystems (NASDAQ: JAVA) reported a smaller-than-expected Q2 loss, sending shares higher.
- Tyson Foods Inc. (NYSE: TSN) reported a Q1 loss due to higher costs and decreased demand.
- Virtual Radiologic Corp. (NASDAQ: VRAD) reported a surge in Q4 revenue despite weakened economy.
- Wyeth (NYSE: WYE) Q4 profit and revenue slipped due to the effects of foreign exchange.
For more highlights from this week, see Yahoo!, McDonald's, American Express, Pfizer, Delta and others and Ford, P&G, Wells Fargo, Starbucks, DuPont, Halliburton and others.
Also, Jim Cramer wonders at analysts' misguided takes on Caterpillar (NYSE: CAT) and DuPont (NYSE: DD). Douglas McIntyre advises to expect dividend cuts as firms report earnings for the recent and current quarters, and he points out that short sellers are betting that lower sales will hurt earnings of Microsoft Corp. (NASDAQ: MSFT) and Dell Inc. (NASDAQ: DELL). Sam Collins suggests that "unemployment is a trailing indicator telling us that within three to six months earnings will probably turn higher."
Upcoming earnings releases include Humana (NYSE: HUM), Mattel (NYSE: MAT), Archer Daniels Midland (NYSE: ADM), Avon (NYSE: AVP), Merck (NYSE: MRK), Dow Chemical (NYSE: DOW), United Parcel Service (NYSE: UPS), Disney (NYSE: DIS), Yum Brands (NYSE: YUM), Kraft Foods (NYSE: KFT), Ralph Lauren (NYSE: RL), Cisco (NASDAQ: CSCO), Sunoco (NYSE: SUN), Time Warner (NYSE: TWX), Kellogg (NYSE: K), MasterCard (NYSE: MA), News Corp, (NYSE: NWS).
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Reader Comments (Page 1 of 1)
3-31-2009 @ 9:12AM
Ryan For Boeing Stock Market said...
Boeing posted a big loss and lower revenue due to strikes and design changes.It's share price will give you some information about the current status.