Skip navigation

As of Friday, November 6th:
The blended earnings growth rate for the S&P 500 for Q3 2009, combining actual numbers for companies that have reported, and estimates for companies yet to report rose to -14.8% from -15.5% in the previous day.
As of October 1st, the earnings growth rate was at -24.8%.Of the 440 S&P 500 companies who have reported Q3, 80% beat estimates, 6% were in-line, and 14% were below estimates.  The blended earnings growth rate for the S&P 500 for Q3 2009 is currently at -14.8%. (Data provided by Thomson Reuters)

LATEST EARNINGS RESULTS


Current DateTime: 11:14:26 10 Nov 2009
LinksList Documentid: 29017166
Expiration DateTime: 11/10/2009 11:15:26 PM

Current DateTime: 11:14:27 10 Nov 2009
LinksList Documentid: 24355697

FEATURED QUIZZES


Current DateTime: 11:14:27 10 Nov 2009
LinksList Documentid: 33793611

Current DateTime: 11:14:27 10 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
NatGas Distributor El Paso Posts Loss on Writedowns
By: AP | 26 Feb 2009 | 02:17 PM ET
Text Size

El Paso on Thursday swung to a fourth-quarter loss amid a sharp decline in natural gas prices.

The natural gas distributor reported a loss of $1.68 billion, or $2.43 per share, after a profit of $160 million, or 21 cents per share during the same period last year. Results include a charge of $2.02 billion, or $2.90 per share, related to the deteriorating price of natural gas. Excluding nonrecurring items, the company posted adjusted earnings of 21 cents per share.

Analysts surveyed by Thomson Reuters forecast a profit of 21 cents per share, on average. Analysts typically exclude one-time items.

Natural Gas

Revenue rose 6 percent to $1.34 billion, from $1.26 billion in the prior-year period. Analysts expected an average revenue of $1.21 billion.

For the full year, El Paso posted a loss of $823 million, or $1.24 per share, after net income of $1.11 billion, or $1.53 per share in 2007. Revenue climbed 15 percent to $5.36 billion.

Shares of El Paso [EP  Loading...      ()   ] were up more than 6 percent Thursday.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tools:
Print EmailAdd This share icon

Current DateTime: 11:14:27 10 Nov 2009
LinksList Documentid: 29016957
Expiration DateTime: 11/10/2009 11:15:57 PM

Current DateTime: 11:14:27 10 Nov 2009
LinksList Documentid: 29017287
Expiration DateTime: 11/10/2009 11:15:27 PM


Current DateTime: 02:47:39 10 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:00:11 10 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 11:11:43 10 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:00:11 10 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters