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 "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 reported Q1 EPS of $1.21 on revenue of $6.7 billion. RJ Hottovy of Morningstar, still sees value in the stock.
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 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 is reporting Q1 EPS of $1.21 on revenue of $6.700 billion, with the "Squawk Box" crew.
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.