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Earnings Announcements

  • People like Netflix as much as HBO: Analyst     Tuesday, 22 Apr 2014 | 10:04 AM ET

    Discussing Netflix earnings growth and the company's continued investment in content, with Barton Crockett, FBR Capital Markets senior analyst.

  • April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as high beef costs bit into margins and fewer customer visits resulted in a bigger-than-expected decline in sales at the fast-food chain's established U.S. restaurants.

  • The Netflix ecosystem     Tuesday, 22 Apr 2014 | 9:17 AM ET

    The "Squawk on the Street" news team discusses Netflix's quarterly earnings and competition from Amazon.

  • NEW YORK, April 22- U.S. stocks edged up on Tuesday boosted by deals in the healthcare sector and upbeat results, while Facebook and Netflix lifted the Nasdaq.

  • April 22- United Technologies Corp reported a higher-than-expected quarterly profit on Tuesday, helped by revenue growth across its aerospace and commercial building segments and strong sales in China.

  • WASHINGTON, April 22- Lockheed Martin Corp, the Pentagon's largest supplier, on Tuesday reported a 23 percent jump in operating profit and earnings per share in the first quarter, and raised its earnings per share outlook for the full year by 25 cents.

  • *Travelers and United Tech profits top expectations. *Netflix Inc surged 7.8 percent to $375.74 in premarket trading a day after results showed strong subscriber growth, a sign that the trading favorite still had room to grow despite concerns over its elevated valuation.

  • April 22- Xerox Corp cut its full-year earnings forecast as growth stalled in its services business and margins contracted due to higher investment on U.S. health insurance exchange platforms, sending its shares down about 5 percent in premarket trading.

  • April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as sales at the fast-food chain's established U.S. restaurants fell more than expected on fewer customers. In the Asia Pacific, the Middle East and Africa region, same-store restaurant sales rose 0.8 percent, compared to analyst projections for a 0.5 percent increase.

  • DUBAI, April 22- Dubai's Emaar Properties reported a 55 percent rise in first-quarter net profit on Tuesday, as the region's economic recovery brought consumers back to its malls and shopping units, and house buyers returned to the market.

  • McDonald's 'not broken story': Analyst     Tuesday, 22 Apr 2014 | 8:33 AM ET

    McDonald's reported Q1 EPS of $1.21 on revenue of $6.7 billion. RJ Hottovy of Morningstar, still sees value in the stock.

  • ITW posts higher-than-expected profit, raises outlook Tuesday, 22 Apr 2014 | 8:31 AM ET

    April 22- Illinois Tool Works Inc posted better-than-expected results on Tuesday, and raised its full-year earnings forecast, citing strong sales of components to the auto industry.

  • *First-quarter earnings per share C $1.44 vs est C $1.41. Canada's second-largest railroad said net earning rose to C $254 million, or C $1.44 per share, in the quarter ended March 31, from C $217 million, or C $1.24 per share, a year earlier. Analysts on average had expected earnings of C $1.41 per share on revenue of C $1.51 billion, according to Thomson Reuters I/B/E/S.

  • *Sees third-quarter loss of $0.29- $0.32/ share vs est loss of $0.15/ share. April 22- Women's apparel retailer Bebe Stores Inc warned of a bigger-than-expected quarterly loss as extremely cold weather in parts of the United States cut sales. Bebe said it expected a net loss of 29- 32 cents per share for the third quarter ended April 5.

  • McDonald's profit falls, US diners not 'lovin' it' Tuesday, 22 Apr 2014 | 10:22 AM ET
    A customer enters a McDonald's restaurant in San Pablo, Calif.

    McDonald's reported a lower quarterly profit as sales at the fast-food chain's established U.S. restaurants fell more than expected.

  • April 22- McDonald's Corp on Tuesday reported a lower quarterly profit as sales at the fast-food chain's established U.S. restaurants fell more than expected. First-quarter sales at restaurants open at least 13 months rose 0.5 percent worldwide, helped by gains in Europe.

  • April 22- U.S. property and casualty insurer Travelers Cos Inc reported a 17 percent rise in first-quarter profit, helped by higher underwriting gains and an increase in net investment income. Net income rose to $1.05 billion, or $2.95 per share, for the quarter ended March 31, from $896 million, or $2.33 per share, a year earlier.

  • McDonald's reports Q1 earnings     Tuesday, 22 Apr 2014 | 7:58 AM ET

    McDonald's is reporting Q1 EPS of $1.21 on revenue of $6.700 billion, with the "Squawk Box" crew.

  • Apparel retailer Bebe warns on results as sales slide Tuesday, 22 Apr 2014 | 7:58 AM ET

    April 22- Women's apparel retailer Bebe Stores Inc estimated a bigger-than-expected quarterly loss due to a 5.7 percent decline in comparable store sales. The company said it expects a net loss of 29- 32 cents per share for the third quarter ended April 5. Sales declined 17.2 percent to about $93 million, below the $108.0 million analysts were expecting.

  • April 22- Comcast Corp, the largest U.S. cable operator, posted higher first-quarter revenue and net income on Tuesday showing it could add video subscribers for two quarters in a row, a rare sight in the cable industry.