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Exxon Mobil (XOM) does it again!

Michael Fowlkes — Thu, 30 Oct 2008 08:48:00 EST

Filed under: Before the Bell, International Markets, Earnings Reports, Good news, Competitive Strategy, Exxon Mobil (XOM), Oil

Another record breaking quarter for the world's largest oil company, as Exxon Mobil (NYSE: XOM) put up some huge numbers once again for its third quarter, surpassing its previous quarterly records.

For its third quarter, the company earned an amazing $14.83 billion. Net income jumped by 58% in the quarter, and worked out to an earnings per share of $2.86 for the July through September period, a time when oil and gasoline prices were both running at record high levels.

Analysts had been expecting to see the company show earnings of $2.38 per share in the quarter.

So just how impressive is this new record profit amount? Pretty impressive when you consider the previous record, which of course Exxon also held, was "only" $11.68 billion, set in the second quarter of this year. That is a pretty nice jump.

Shares of the company's stock are trading up 1.3% immediately following the announcement in premarket trading.

Michael Fowlkes has worked as a stock trader for seven years and spent the last four years working as an analyst for the online investment advisory service Investor's Observer.

Exxon Mobil (XOM) does it again! originally appeared on BloggingStocks on Thu, 30 Oct 2008 08:48:00 EST. Please see our terms for use of feeds.

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Earnings highlights: PepsiCo, Toyota, News Corp., ADM, Toll Bros. and others

Trey Thoelcke — Sat, 09 Feb 2008 15:10:00 EST

Filed under: Earnings Reports, PepsiCo (PEP), Toyota Motor Corp. (TM), Archer-Daniels-Midland (ADM), Chevron Corp (CVX), Yum Brands (YUM), Wendy's Intl (WEN), News Corp'B' (NWS), Alcatel-LucentADS (ALU), Toll Brothers (TOL), Western Union (WU), Polo Ralph Lauren'A' (RL)

The earnings crunch continues, and here are a few of the highlights of this past week's earnings coverage from BloggingStocks:

Alcatel-Lucent (NYSE: ALU) posted its biggest quarterly loss since its creation in 2006.
Archer Daniels Midland Co. (NYSE: ADM) missed earnings estimates despite revenue up 50%.
Biogen Idec Inc. (NASDAQ: BIIB) fourth-quarter profit soared on strong sales of Avonex and Tysabri.
Chevron Corp. (NYSE: CVX) reported record profits due to surging oil prices.
CNET Networks Inc. (NASDAQ: CNET) revenue rose but the forecast was not encouraging.
Data Domain Inc. (NASDAQ: DDUP) third-quarter revenues spiked due to aggressive overseas expansion.
Elizabeth Arden Inc. (NASDAQ: RDEN) benefitted from overseas growth, which offset weak holiday sales.
GlaxoSmithKline (NYSE: GSK) warned that 2008 earnings would be affected by competition from generics.
Harris Corp. (NYSE: HRS) beat estimates and raised its guidance.
Micros Systems (NASDAQ: MCRS) beat expectations and offered guidance in line with estimates.
News Corp. (NYSE: NWS) fell short of earnings expectations despite strength in MySpace and Fox News.
PepsiCo Inc. (NYSE: PEP) results met estimates and it announced further share buybacks.
Polo Ralph Lauren Corp. (NYSE: RL) beat estimates and raised its guidance.
SiRF Technology Holdings Inc. (NASDAQ: SIRF) missed expectations due to a seasonal decline.
Toll Brothers Inc. (NYSE: TOL) expects to report its seventh straight quarterly revenue decline.
Toyota Motor Corp. (NYSE: TM) attributed solid earnings to growth in China, Russia, emerging markets.
Wendy's International Inc. (NYSE: WEN) missed earnings estimates, despite beating revenue forecast.
Western Union Co. (NYSE: WU) posted results just ahead of Wall Street estimates.
Yum! Brands (NYSE: YUM) posted solid results on overseas growth and share buybacks.

Continue reading Earnings highlights: PepsiCo, Toyota, News Corp., ADM, Toll Bros. and others

Earnings highlights: PepsiCo, Toyota, News Corp., ADM, Toll Bros. and others originally appeared on BloggingStocks on Sat, 09 Feb 2008 15:10:00 EST. Please see our terms for use of feeds.

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Earnings highlights: Time Warner, Cisco, Gannett, Disney, EDS and others

Trey Thoelcke — Sat, 09 Feb 2008 09:40:00 EST

Filed under: Earnings Reports, Cisco Systems (CSCO), Time Warner (TWX), Walt Disney (DIS), Avon Products (AVP), Gannett Co (GCI), Electronic Data Systems (EDS), Activision Inc (ATVI), Old Dominion Freight Line (ODFL), Las Vegas Sands (LVS), Unilever ADR (UL)

The earnings crunch rolls on, and here are a few of the highlights of this past week's earnings coverage from BloggingStocks:

Activision Inc. (NASDAQ: ATVI) earnings soared on popularity of Guitar Hero and other game franchises.
Arch Coal Inc. (NYSE: ACI) beat earnings expectations and offered revised guidance.
Avon Products Inc. (NYSE: AVP) beat estimates despite lower profits due to restructuring costs.
Chattem Inc. (NASDAQ: CHTT) beat estimates and raised its guidance.
Cisco Systems Inc. (NASDAQ: CSCO) met estimates but a weak forecast raised concerns.
Dionex Corp. (NASDAQ: DNEX) beat estimates on strength in petrochemical and food/beverage markets.
Electronic Data Systems Corp. (NYSE: EDS) earnings fell, helping to raise concerns about tech stocks.
Flextronics International Ltd. (NASDAQ: FLEX) beat estimates and affirmed its outlook.
Gannett Inc. (NYSE: GCI) missed fourth-quarter earnings estimates on lower ad revenue.
Las Vegas Sands Corp. (NYSE: LVS) missed expectations due to rising construction costs.
MGM Mirage (NYSE: MGM) forecast it would beat earnings expectations by as much as 10 cents a share.
Old Dominion Freight Line Inc. (NASDAQ: ODFL) beat revenue estimates and raised its guidance.
RealNetworks Inc. (NASDAQ: RNWK) warned it would miss first-quarter and full-year expectations.
Silicon Laboratories (NASDAQ: SLAB) beat expectations and raised its guidance.
THQ Inc. (NASDAQ: THQI) posted disappointing results that included cancelled game franchises.
Time Warner Inc. (NYSE: TWX) met estimates and announced restructuring plans (see transcript).
Unilever (NYSE: UL) fourth-quarter net income tanked on a sell-off of its European frozen food business.
Walt Disney Co. (NYSE: DIS) posted better-than-expected results on gains in TV and theme parks.

Continue reading Earnings highlights: Time Warner, Cisco, Gannett, Disney, EDS and others

Earnings highlights: Time Warner, Cisco, Gannett, Disney, EDS and others originally appeared on BloggingStocks on Sat, 09 Feb 2008 09:40:00 EST. Please see our terms for use of feeds.

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Earnings highlights: Exxon, Boeing, Halliburton, Sony, UPS, Honda and others

Trey Thoelcke — Sat, 02 Feb 2008 12:40:00 EST

Filed under: Earnings Reports, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Exxon Mobil (XOM), Halliburton (HAL), Sony Corp ADR (SNE), Boeing Co (BA), United Parcel'B' (UPS), U.S. Steel (X), Dow Chemical (DOW), Valero Energy (VLO), JetBlue Airways (JBLU), Burlington Northern Santa Fe (BNI), Raytheon Company (RTN)

The earnings crunch is in full swing, and here are a few of the highlights of this past week's earnings coverage from BloggingStocks:

Airgas Inc. (NYSE: ARG) beat expectations and raised its guidance.
Boeing Co. (NYSE: BA) beat estimates and said the 787 Dreamliner was on schedule.
Burlington Northern Santa Fe Corp. (NYSE: BNI) fourth-quarter profits fell on rising fuel costs.
Crane Co. (NYSE: CR) beat expectations and raised its guidance.
Dow Chemical Co. (NYSE: DOW) profits fell due to rising costs of raw materials.
Exxon Mobil Corp. (NYSE: XOM) posted the largest annual and quarterly profit ever by a U.S. company.
Halliburton Co. (NYSE: HAL) beat earnings expectations due to strong international growth.
Honda Motor Co. (NYSE: HMC) posted record earnings for the third quarter on demand for fuel efficiency.
JetBlue Airways Corp. (NASDAQ: JBLU) posted a narrower-than-expected loss.
Nissan Motor Co. (NASDAQ: NSANY) posted strong results due in part to U.S. sales of the Rogue.
Occidental Petroleum Corp. (NYSE: OXY) fourth-quarter profit surged, leading to its best yearly results ever.
Paraexel International Corp. (NASDAQ: PRXL) beat estimates and offered revised guidance.
Ratheon Co. (NYSE: RTN) posted strong fourth-quarter results and offered optimistic guidance.
RightNow Technologies Inc. (NASDAQ: RNOW) posted a loss, though revenues were up.
Sony Corp. (NYSE: SNE) posted solid results on TV sales and the game division's return to the black.
Stanley Works (NYSE: SWK) posted solid results despite the housing slump due to strength overseas.
United Parcel Service Inc. (NYSE: UPS) met earnings estimates due to a pension-related charge.
US Steel Corp. (NYSE: X) fourth-quarter and full-year profits declined on acquisition costs and job cuts.
Valero Energy Corp. (NYSE: VLO) beat expectations despite a profit decline of 49%.

For additional BloggingStocks earnings highlights, see Yahoo!, Google, Amazon, Countrywide, Merck, UBS and others and McDonald's, Kraft, P&G, Verizon, MasterCard, 3M and others.

Continue reading Earnings highlights: Exxon, Boeing, Halliburton, Sony, UPS, Honda and others

Earnings highlights: Exxon, Boeing, Halliburton, Sony, UPS, Honda and others originally appeared on BloggingStocks on Sat, 02 Feb 2008 12:40:00 EST. Please see our terms for use of feeds.

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