Earnings News

Meltdown 101: Why do earnings warnings matter?
AP – 2 hrs 37 mins ago

NEW YORK - It's report card season on Wall Street and investors are bracing for bad news.
Alcoa posts 2Q loss but sees some stability
AP – Thu Jul 9, 3:52 am ET

PITTSBURGH - In an unofficial opening to the earnings season, Alcoa Inc. reported another quarterly loss but beat Wall Street expectations and said some markets for the metal may be stabilizing.
Analysts: India's earnings weak but outlook strong
AFP – Thu Jul 9, 2:12 am ET

MUMBAI (AFP) - As Indian firms prepare to post their earnings for the June quarter, analysts warn most reports will be weak but expect an improvement in the near future as government stimulus packages take effect.
Wall Street mixed in hesitant trade
AFP – Wed Jul 8, 4:49 pm ET

NEW YORK (AFP) - Wall Street finished narrowly mixed Wednesday with investors cautious about the economic outlook at the kickoff of the corporate earnings season.
Pepsi Bottling beats Street despite light volume
Reuters – Wed Jul 8, 1:42 pm ET

CHICAGO (Reuters) - Pepsi Bottling Group Inc reported a higher-than-expected quarterly profit as price increases and stronger U.S. sales of carbonated soft drinks helped offset declining demand for pricier beverages.
Family Dollar profit beats Wall Street view; shares up
Reuters – Wed Jul 8, 10:47 am ET

SAN FRANCISCO (Reuters) - Family Dollar Stores Inc reported a 36 percent jump in quarterly profit, topping market estimates, and its shares rose 10 percent, as more shoppers scoured its aisles for low prices on food, shampoo and household cleaners.
Q2 Earnings Season Likely To Be Bleak, Again, Amid Slump
Investor's Business Daily – Tue Jul 7, 7:06 pm ET

It's no shock that Q2 profits are expected to come in much lower when earnings season kicks off with Alcoa on Wednesday.
Slumping crude oil prices drag stock market lower
AP – Tue Jul 7, 5:52 pm ET

NEW YORK - Falling oil prices are becoming another sign of investors' deflating hopes for a speedy economic recovery.
GenCorp 2Q profit surges 59 percent on lower costs
AP – Tue Jul 7, 1:14 pm ET

SACRAMENTO, Calif. - GenCorp Inc. said Tuesday that its fiscal second-quarter profit surged 59 percent, helped by lower costs.
European stocks slide before US earnings data
AFP – Mon Jul 6, 9:32 am ET

LONDON (AFP) - Europe's main stock markets slid in midday trade on Monday following a sharp sell-off in Tokyo as investors took profits ahead of US corporate earnings results due this week.
Samsung sees strong earnings, shares jump
Reuters – Mon Jul 6, 7:12 am ET

SEOUL (Reuters) - South Korea's Samsung Electronics (005930.KS), the world's top maker of memory chips and flat screen TVs, forecast second-quarter earnings well above market estimates, driving its shares up more than 4 percent on Monday.
Samsung announces earnings estimate
AP – Mon Jul 6, 6:49 am ET

SEOUL, South Korea - Samsung Electronics Co., the world's biggest manufacturer of memory chips, announced quarterly earnings estimates for the first time Monday, saying it hopes to reduce market confusion and speculation about its performance.
Investors' focus shifts to 2Q earnings reports
AP – Sun Jul 5, 2:05 pm ET

NEW YORK - Investors, whose optimism was recently shaken by surprisingly weak economic data, are now hoping companies can provide some clues about a recovery.
Earnings to set tone for stocks in week ahead
Reuters – Thu Jul 2, 7:02 pm ET

NEW YORK (Reuters) - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.
DemandTec posts wider 1Q loss
AP – Wed Jul 1, 6:16 pm ET

SAN CARLOS, Calif. - Price-management software company DemandTec Inc. posted a wider net loss Wednesday for its fiscal first quarter, hurt by charges and higher costs even as revenue inched higher.
Constellation Brands 1Q profit drops 85 percent
AP – Wed Jul 1, 5:11 pm ET

NEW YORK - Wine and spirits maker Constellation Brands Inc. said it is benefiting from consumers switching from higher-priced beverages to those that offer more buzz for the buck.
General Mills: 2010 profit to rise, costs to slow
AP – Wed Jul 1, 5:08 pm ET

MILWAUKEE - General Mills Inc. reported Wednesday that its fiscal fourth-quarter profit beat estimates as sales of top brands like Cheerios rose while consumers continued eating at home.
Constellation Brands profit tops view
Reuters – Wed Jul 1, 8:29 am ET

CHICAGO (Reuters) - Constellation Brands Inc reported a better-than-expected quarterly profit on Wednesday as it sold off some alcohol brands and cut costs.