Earnings highlights: Google, Intel, Coca-Cola, Pfizer, eBay, AMD and others
Posted by: admin in Stocks NewsFiled under: Earnings reports, Google (GOOG), eBay (EBAY), Pfizer (PFE), Coca-Cola (KO), Intel (INTC), Nokia Corp. (NOK), Advanced Micro Dev (AMD), Abbott Laboratories (ABT), Xerox Corp (XRX), Reliance Steel and Aluminum (RS), Hunt(J.B.) Transport (JBHT), Intuitive Surgical Inc (ISRG)
Here are some highlights from this past week’s earnings coverage from BloggingStocks:
- Abbott Laboratories Inc. (NYSE: ABT) first-quarter profit soared on overseas demand for Humira.
- Advanced Micro Devices Inc. (NYSE: AMD) posted a bigger-than-expected loss, its sixth straight.
- Coca-Cola Co. (NYSE: KO) posted better-than-expected first-quarter results on strength overseas.
- CSX Corp. (NYSE: CSX) first-quarter profit soared on strong demand for grain, ethanol, and coal.
- eBay Inc. (NASDAQ: EBAY) beat first-quarter expectations but the outlook was uninspiring.
- Google Inc. (NASDAQ: GOOG) first-quarter profit soared 42%, beating Wall Street estimates.
- Intel Corp. (NASDAQ: INTC) first-quarter earnings slipped but exceeded expectations.
- Intuitive Surgical Inc. (NASDAQ: ISRG) beat first-quarter estimates and offered a disappointing outlook.
- J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) missed first-quarter estimates on rising fuel prices.
- Nokia Corp. (NYSE: NOK) first-quarter profit missed expectations and it warned of a coming decline.
- Pfizer Inc. (NYSE: PFE) first-quarter profits fell and missed analysts’ expectations.
- Reliance Steel & Aluminum Co. (NYSE: RS) lowered its second-quarter outlook.
- Royal Philips Electronics posted a bigger-than-expected fall in profit on weak North America TV sales.
- Wolverine World Wide Inc. (NYSE: WWW) beat earnings estimates but shareholders were not impressed.
- Xerox Corp. (NYSE: XRX) posted a first-quarter loss that matched analysts’ estimates.
Also, Jim Cramer doesn’t think General Electric (NYSE: GE) is the bellwhether some take it for. Goldman Sachs (NYSE: GS) is pessimistic about this earnings season. And here’s a look at some companies that reported this week that could bounce back after the recession, as well as earnings expectations for “barometer” companies reporting next week.
Upcoming results to watch for include Bank of America (NYSE: BAC), Halliburton (NYSE: HAL), Merck (NYSE: MRK) Texas Instruments (NYSE: TXN), AT&T (NYSE: T), DuPont (NYSE: DD), Yahoo! (NASDAQ: YHOO), Amazon.com (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Boeing (NYSE: BA), UPS (NYSE: UPS), 3M (NYSE: MMM), PepsiCo (NYSE: PEP), Microsoft (NASDAQ: MSFT), Motorola (NYSE: MOT), and McDonald’s (NYSE: MCD).
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