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High (and low) lights from this week's earnings releases

Numbers are Actual vs. Estimate

Excellent Reports
  • InterActiveCorp (NASDAQ: IACI) 67c vs. 53c
    • Retailing revenue increased to offset a lower price point average, and a higher average return rate. International revenue increased slightly, but profits were hurt by higher operating expenses. Ticketing volume increased as ticket sales rose 4% on 7% higher overall revenue per ticket.
  • National-OilWell Varco Inc (NYSE: NOV) $1.35 vs. $1.06
    • High energy prices stirred demand for drilling equipment which created a backlog of capital equipment orders for the Rig Technology segment.
  • Electronic Data Systems Corporation (NYSE: EDS) 47c vs. 36c
    • "On balance," said chairman and CEO Mike Jordan, "This was the strongest quarter... since I joined the company in 2003." Performance was driven by $7.6B in fourth quarter contracts, up 43% from the previous year.

Continue reading High (and low) lights from this week's earnings releases

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 05:28 AM

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