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bad earnings posts

Johnson & Johnson (JNJ) posts disappointing revenue numbers

Posted Oct 13th 2009 10:10AM by Michael Fowlkes (RSS feed)
Filed under: Before the Bell, Earnings Reports, Forecasts, Bad News, Competitive Strategy, Market Matters, Johnson and Johnson (JNJ), Recession, Financial Crisis

Johnson & Johnson (NYSE: JNJ) reported its third quarter figures this morning, and while the company managed to post better than expected earnings, its revenues were lower than analysts had expected.

Going into this morning's earnings report analysts had estimated J&J would earn $1.13 per share in the third quarter. The company was able to put up better than expected earnings results, saying it earned $1.20 per share in the quarter. But revenues disappointed. Analysts had forecast the company's revenues would be $15.22 billion in the quarter, but actual revenues were below estimates at $15.08 billion.

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Masco (MAS) misses estimates and announces dividend cut

Posted Feb 12th 2009 8:18AM by Michael Fowlkes (RSS feed)
Filed under: After the Bell, International Markets, Earnings Reports, Bad News, Products and Services, Housing, Earnings Transcripts, Recession, Financial Crisis

Masco Corp. (NYSE: MAS), which manufactures and installs building materials, announced its fourth quarter numbers Wednesday afternoon, falling short of analyst estimates.

Analysts had expected to see the company show a loss for its fourth quarter of 5 cents, but a tough sales environment pushed the company's loss much wider than expected, with a reported 18-cent loss per share.

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