Share!

Earnings

Loading

Gap Raises Earnings Outlook - Wall Street Journal
Thu, 17 May 2012 23:42:11 +0000   

Kansas City Star

Gap Raises Earnings Outlook
Wall Street Journal
By NATHALIE TADENA And JOHN KELL Gap Inc. raised its profit outlook for the full year after reporting that earnings were flat for the fiscal first-quarter profit. In the latest quarter, the apparel retailer said sales improved at its stores in North ...
Gap Inc. Reports First Quarter Earnings Per Share of 47 Cents, an 18 Percent ... MarketWatch (press release)
Gap 1Q Beats on Strong US Demand, Lifts Forecast Fox Business
News Summary: Gap's Q1 profit flat but sales rise; company raises earnings outlook Washington Post
Reuters  - Barron's (blog)
all 216 news articles »
 
Intuit earnings rise on stronger tax business - MarketWatch
Thu, 17 May 2012 21:57:40 +0000   

Dividend.com

Intuit earnings rise on stronger tax business
MarketWatch
By Steven D. Jones Intuit Inc.'s (NASDAQ:INTU) fiscal third-quarter earnings climbed 6.7% as the tax-software maker reported modest growth during the recent tax season and continued strength in its small-business products. The Mountain View, Calif.
Intuit Fiscal 3Q Net Up 6.7% On Stronger Consumer-Tax Revenue Wall Street Journal
Intuit Profit Rises; Tightens FY Outlook NASDAQ
Earnings Preview: Intuit Seeking Alpha
Minyanville.com  - RTT News  - Wall St. Cheat Sheet
all 40 news articles »
 
GameStop Earnings Fall on Tepid Demand - Wall Street Journal
Thu, 17 May 2012 14:04:56 +0000   

Gamasutra

GameStop Earnings Fall on Tepid Demand
Wall Street Journal
s fiscal first-quarter earnings fell 9.8% as the videogame retailer suffered a double-digit drop in same-store sales amid a weak offering of new game titles to draw customers into its stores. The company signaled that the slowdown will continue, ...
GameStop Profit Declines, Sees Q2 Earnings Below View NASDAQ
GameStop forecasts profit below view, shares tumble Reuters
GameStop Reports First Quarter 2012 Results MarketWatch (press release)
Fort Worth Star Telegram (blog)  - Zacks.com
all 49 news articles »
 
Autodesk earnings rise 14% as sales grow - MarketWatch
Thu, 17 May 2012 21:55:41 +0000   

RTT News

Autodesk earnings rise 14% as sales grow
MarketWatch
By Ben Fox Design software maker Autodesk Inc.'s (NASDAQ:ADSK) fiscal first-quarter earnings rose 14% on stronger revenue in all its major markets, led by Asia-Pacific and the Americas. Shares sank 7.1% to $32.25 after hours as the company forecast ...
Autodesk Earnings: Beats Wall Street Expectations Wall St. Cheat Sheet

all 20 news articles »
 
U.S. Companies Reporting Earnings on May 17 - Bloomberg
Thu, 17 May 2012 20:56:07 +0000   

U.S. Companies Reporting Earnings on May 17
Bloomberg
The following table lists the 24 US companies that reported quarterly earnings today (end date of the quarter is noted in the last column). Companies are sorted alphabetically by ticker symbol. Earnings estimates provided by Bloomberg.
US Companies Reporting Earnings on May 17 BusinessWeek

all 16 news articles »
 
Wal-Mart's Strong Earnings Overshadow Bribery Allegations - CNBC.com
Thu, 17 May 2012 18:19:20 +0000   

AFP

Wal-Mart's Strong Earnings Overshadow Bribery Allegations
CNBC.com
Headlines about Wal-Mart Stores' better-than-expected earnings mean that, at least for now, Wall Street isn't so concerned about bribery allegations in Mexico and pending investigations. The world's largest retailer Wal-Mart's US same-store sales ...
Earnings Watch For May 17 (WMT, SHLD, CSC, DLTR, INTU, CRM) RTT News
Walmart Announces Earnings Forbes
Wal-Mart earnings jump in first quarter AFP
Huffington Post  - Alameda Times-Star
all 497 news articles »
 
U.S. Stocks Little Changed as Earnings Offset Europe Concerns - San Francisco Chronicle
Thu, 17 May 2012 14:14:51 +0000   

U.S. Stocks Little Changed as Earnings Offset Europe Concerns
San Francisco Chronicle
May 17 (Bloomberg) -- US stocks were little changed, after a four-day decline in the Standard & Poor's 500 Index, as better-than-estimated earnings at companies including Wal-Mart Stores Inc. tempered concern about Europe's debt crisis.

and more »
 
Applied Materials earnings fall 41% - MarketWatch
Thu, 17 May 2012 21:53:41 +0000   

Dividend.com (blog)

Applied Materials earnings fall 41%
MarketWatch
The company forecast third-quarter earnings of 21 cents to 29 cents a share with revenue flat to down 10% from the prior quarter, amounting to $2.29 billion to $2.54 billion. Analysts polled by Thomson Reuters expected 26 cents and $2.44 billion, ...
Earnings Preview: Applied Materials Seeking Alpha
Earnings Preview: Applied Materials - Analyst Blog NASDAQ
Applied Materials Q2 Earnings Fall, but Still Beat View (AMAT) Dividend.com (blog)
Wall St. Cheat Sheet
all 34 news articles »
 
Aeropostale's Earnings Will Have A Hard Time Impressing This Market - Forbes
Thu, 17 May 2012 19:25:36 +0000   

ValueWalk

Aeropostale's Earnings Will Have A Hard Time Impressing This Market
Forbes
Teen apparel retailer Aeropostale is scheduled to announce its Q1 fiscal 12 results on May 17 after the close. [1] Earlier the company had reported solid Q1 sales results, with an increase of 6% in net sales and 2% in comparable sales for the quarter.
Earnings Roundup: WMT, SHLD, CRM, BRCD, AMAT, ARO, GPS ValueWalk
Aeropostale Reports Results for First Quarter of Fiscal 2012 MarketWatch (press release)
Aeropostale 1Q Profit Slips 35% As Margins Weaken Wall Street Journal
Wall St. Cheat Sheet
all 18 news articles »
 
Indian shares gain; key earnings due on Fri - Reuters
Thu, 17 May 2012 11:37:56 +0000   

Indian shares gain; key earnings due on Fri
Reuters
Shares recover, but sentiment weak * Greece, rupee outlooks key for markets * Trio of blue chips to post earnings on Fri. By Manoj Dharra MUMBAI, May 17 (Reuters) - Indian shares edged up on Thursday as bargain hunting emerged after recent falls, ...

and more »
 
Wal-Mart, Dollar Tree Profits Rise
Thu, 17 May 2012 17:14:20 +0000   

This morning, Wal-Mart Stores (NYSE: WMT) reported first quarter earnings per share of $1.09, a 12.4% increase from last year. The retail giant's sales also improved, increasing 8.6% to $112.3 billion. Shares of Wal-Mart appreciated more than 5% ...

 
Ira Sohn Investment Conference Market Movers for Thursday
Thu, 17 May 2012 16:45:34 +0000   

The annual Ira Sohn Investment Conference was held in New York on Wednesday. At the event, which supports the treatment and cure of pediatric cancer, many of the world's most successful hedge fund managers and other noteworthy investors pitch stock ideas to their colleagues. The investment ideas presented at Ira Sohn frequently cause large price moves in the individual stocks being discussed, and the 2012 conference was no exception.

Among the heavy-hitters that presented this year were Greenlight Capital founder David Einhorn, Pershing Square founder Bill Ackman and Paulson & Co. chief John Paulson. Below, Benzinga recounts the stocks they discussed in their presentations and how those names are faring on Thursday.

David Einhorn - In today's markets, this boyish looking hedge fund manager may be the most influential voice when it comes to individual stocks. Einhorn's short bets on companies such as Lehman Brothers and Green Mountain Coffee Roasters (NASDAQ: GMCR) have brought him great sway on Wall Street. While Einhorn isn't always right, when he is, it is usually in dramatic fashion.

When the Greenlight Capital manager did not mention Herbalife (NYSE: HLF) as a potential short candidate, that stock skyrocketed on Wednesday. Herbalife shares finished up 16.66% to $49.51. On Thursday, however, HLF is retracing some of yesterday's gains and at last check was trading down 6.00% to $46.53.

Previously, HLF had plunged after Einhorn asked some pointed question on an earnings conference call. The presence of the hedge fund manager on the call was enough to spook investors who had feared that Einhorn may be targeting the company on the short side.

Other companies that he addressed included Amazon.com (NASDAQ: AMZN) whose future he described as a "riddle." While Amazon has been tremendously successful, its earnings multiple is also stratospheric for such a large company.

The hedge fund manager made bearish comments on a couple of other names including Martin Marietta (NYSE: MLM) and Dick's Sporting Goods (NYSE: DKS). Both of those stocks are continuing to fall on Thursday. ...

 
Martin Marietta Fights Back at Einhorn
Thu, 17 May 2012 16:17:27 +0000   

David Einhorn of Greenlight Capital is not a popular man within the offices of Martin Marietta Materials (NYSE: MLM), after he slammed the company at the annual Ira Sohn Investment Conference, causing it to instantly tank 10%. It is currently trading down 8%.

"Recent earnings benefited from one time fiscal stimulus that is about to wind down," Einhorn said at the conference, obviously deciding that MLM is his new favorite company to short.

The rumor earlier in the day had been that Einhorn was going to short Herbalife (NYSE: HLF), but that company's stock is surging 9% on Thursday.

The scary thing for MLM is that Einhorn is rarely wrong. He famously shorted Lehman Brothers just prior to that bank's demise, and more recently he shorted Green Mountain Coffee Roasters (NASDAQ: GMCR).

However, Martin Marietta responded to the comments directly to Benzinga, telling us ...

 
Social Media Outlook for Thursday 17 (PCYC, DRI, MLM, SPLS)
Thu, 17 May 2012 15:34:04 +0000   

In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis.

Provided by Social Market Analytics, here is the social media outlook for Thursday, May 17.

Most Bullish

Pharmacyclics (NASDAQ: PCYC) is trading up over 3%. Rodman & Renshaw boosted the company's price target.

Darden Restaurants (NYSE: DRI)

Most Bearish

Martin Marietta (NYSE: MLM) is trading down about 1.25%. Yesterday, shares plunged when hedge fund ...

 
Teekay Tankers Reports Q1 EPS $0.04 vs $0.04 Est; Revenues $31.9M vs $32.35M Est
Thu, 17 May 2012 13:02:53 +0000   

Teekay Tankers (NYSE: TNK) reports first-quarter EPS of $0.04 versus the ...

 
Aeroflot Posts Surge In 2011 Profit
Thu, 17 May 2012 12:56:50 +0000   

Russia's Aeroflot reported a strong rise in its net profit in 2011.

Aeroflot's profit for the period surged to $491 million, ...

 
UPDATE: CSC Posts Q4 Results
Thu, 17 May 2012 12:53:25 +0000   

Computer Sciences Corp (NYSE: CSC) swung to a loss in the fourth quarter.

CSC posted a quarterly loss of ...

 
UPDATE: GameStop Posts Decline In Q1 Profit
Thu, 17 May 2012 12:47:03 +0000   

GameStop Corp (NYSE: GME) reported a drop in its profit and sales in the first quarter.

GameStop's quarterly total revenue ...

 
UPDATE: Perry Ellis Posts Upbeat Q1 Profit
Thu, 17 May 2012 12:44:41 +0000   

Perry Ellis International Inc (NASDAQ: PERY) reported stronger-than-expected first-quarter profit.

Perry Ellis' quarterly net income dropped to $9.7 million, or $0.64 per share, versus ...

 
UPDATE: Stein Mart Posts Decline In Q1 Profit
Thu, 17 May 2012 12:40:56 +0000   

Stein Mart Inc (NASDAQ: SMRT) reported a drop in its first-quarter profit.

Stein Mart's quaretrly profit declined to $11.8 million, or ...

 
 


Copyright 2009 - 2012 Market Bulletin | All Rights Reserved.