Earnings Announcements

  • April 17- Honeywell International Inc, a diversified U.S. manufacturer of aerospace parts and climate control systems, reported a 10 percent rise in quarterly profit, helped by a fall in costs. Net income attributable to Honeywell rose to $1.12 billion, or $1.41 per share, in the first quarter ended March 31, from $1.02 billion, or $1.28 per share, a year earlier.

  • WINSTON-SALEM, N.C.— Reynolds American's first-quarter profit climbed, helped by increased cigarette prices. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Reynolds American said its performance also benefited from higher moist-snuff pricing.

  • Honeywell beats 1Q profit forecasts Friday, 17 Apr 2015 | 7:06 AM ET

    MORRISTOWN, N.J. _ Honeywell International Inc. on Friday reported first-quarter net income of $1.12 billion. Honeywell expects full-year earnings in the range of $6 to $6.15 per share, with revenue in the range of $39 billion to $39.6 billion. Honeywell shares have climbed 4 percent since the beginning of the year, while the Standard& Poor's 500 index has...

  • Comerica beats Street 1Q forecasts Friday, 17 Apr 2015 | 6:48 AM ET

    DALLAS _ Comerica Inc. on Friday reported first-quarter earnings of $132 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. Comerica shares have decreased slightly more than 1 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 2 percent.

  • GE posts $13.6 billion loss on finance unit sale Friday, 17 Apr 2015 | 6:42 AM ET

    NEW YORK— The industrial heart of General Electric, the company's new focus, posted lower revenue and earnings in the first quarter amid an enormous overall loss resulting from its recently-announced sale of most of the assets in its finance subsidiary. Adjusted earnings per share fell 6 percent to 31 cents, a penny better than analysts polled by Zacks...

  • April 17- General Electric Co said on Friday its quarterly industrial profit rose 9 percent as it focuses more on its manufacturing businesses, helped by improved profit margins. Overall, GE posted a first-quarter net loss of $13.6 billion, or $1.35 per share. Results were weighed down by about $16 billion in charges tied to its exit of GE Capital assets, which the...

  • GE reports mixed Q1 results   Friday, 17 Apr 2015 | 6:34 AM ET
    GE reports mixed Q1 results

    Jack De Gan, Harbor Advisory CIO, breaks down General Electric's earnings and weighs in on the industrial giant's buyback program and its prospects in aerospace.

  • GE Q1 industrial performance 'impressive': Analyst Friday, 17 Apr 2015 | 8:33 AM ET
    General Electric

    General Electric delivered quarterly earnings that beat analysts' estimates by a penny a share.

  • Q1 earnings scorecard: Analyst   Friday, 17 Apr 2015 | 6:11 AM ET
    Q1 earnings scorecard: Analyst

    Lindsey Bell, S&P Capital IQ senior analyst, has the recap on earnings and provides an outlook for the rest of the season. I think management teams are going to be conservative going forward, says Bell.

  • Netflix's subscriber growth was 'impressive'   Thursday, 16 Apr 2015 | 11:50 AM ET
    Netflix's subscriber growth was 'impressive'

    Matt Garrahan, Global Media Editor at Financial Times, says that despite missing their earnings estimates, Netflix had an "impressive" subscriber growth in Q1.

  • TOKYO, April 17- Japan's Nikkei share average dropped to its lowest in more than a week on Friday after weaker-than-expected U.S. housing data soured the mood, and investors awaited Japanese corporate results coming out from next week. The Nikkei ended 1.2 percent lower to 19,652.88, the lowest closing level since April 7. The broader Topix dropped 0.7 percent to...

  • Nestle first-quarter sales up more than expected Friday, 17 Apr 2015 | 1:51 AM ET
    Nestle chocolate

    Nestle, the world's leading packaged food maker, reported slightly better-than-expected first-quarter sales on Friday, helped by price increases.

  • TCS: 'It's been a good quarter'   Friday, 17 Apr 2015 | 12:43 AM ET
    TCS: 'It's been a good quarter'

    N Chandrasekaran, MD & CEO of Tata Consultancy Services, discusses the better-than-expected net profit for the last fiscal year and explains the motivation behind the one-time bonus for employees.

  • US earnings season is a 'big worry': Pro   Thursday, 16 Apr 2015 | 10:22 PM ET
    US earnings season is a 'big worry': Pro

    Don Luskin, chief investment officer at Trend Macro, says this earnings season needs to be a "blockbuster" and explains why the U.S. dollar has likely topped out.

  • April 16- Citigroup Inc reported its highest quarterly profit in nearly eight years as costs plunged, showing that the bank's efforts to streamline its business may be starting to pay off. Citi has been slowly getting its house in order by cutting costs and shedding assets that are not critical to its main businesses. Citi's operating expenses fell 10 percent to...

  • April 16- American Express Co, the world's largest credit card issuer, reported quarterly revenue that fell short of analysts' estimates, hurt by a stronger dollar and the loss of several co-branded tie-ups. Revenue from international operations, net of interest expense, fell 8 percent to $1.24 billion in the quarter ended March 31, accounting for about 16...

  • April 16- Schlumberger Ltd, the world's No.1 oilfield services provider, reported a 38.8 percent drop in quarterly profit and said it would cut a further 11,000 jobs, blaming the fall in drilling activity, particularly in North America. Net income attributable to Schlumberger fell to $975 million, or 76 cents per share, in the first quarter ended March 31, from...

  • Like US blue chips, small-caps: Expert   Thursday, 16 Apr 2015 | 6:15 PM ET
    Like US blue chips, small-caps: Expert

    Craig Hodges, co-portfolio manager at Hodges Small Cap Funds, says blue-chips are trading at their lowest multiples and explains why small-cap stocks will never go out of favor.

  • Celanese tops 1Q profit forecasts Thursday, 16 Apr 2015 | 5:18 PM ET

    IRVING, Texas _ Celanese Corp. on Thursday reported first-quarter earnings of $236 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share. Eight analysts surveyed by Zacks expected $1.65 billion.

  • Ultrapetrol reports 4Q loss Thursday, 16 Apr 2015 | 5:09 PM ET

    NASSAU, Bahamas _ Ultrapetrol Ltd. on Thursday reported a loss of $35.7 million in its fourth quarter. On a per-share basis, the Nassau, Bahamas- based company said it had a loss of 25 cents. For the year, the company reported a loss of $52.3 million, or 37 cents per share, swinging to a loss in the period.