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What follows is a roundup of corporate earnings reports for Thursday, Sept. 24.
BEFORE THE BELL
The third largest US drug store posted a lower profit of $0.14 per share in their second quarter that ended Aug. 29. Revenue fell 3 percent to $6.3 billion from $6.5 billion a year ago. The company [RAD
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] lowered its outlook for 2010 because of the difficult economic climate.
Fiscal 2nd Qtr. Actual Estimate Year Ago EPS $0.14 $0.16 $0.27 Revenue $6.3 bil. $6.4 bil. $6.5 bil.
The networking solutions posted earnings of 8 cents a share in its first quarter ending Aug. 28, beating analyst estimates. The company [COMS
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] also reported higher-than-expected revenue of over $290.5 million, a 15 percent decrease its profit a year ago.
| Fiscal 1st Qtr. | Actual | Estimate | Year Ago |
| EPS | $0.08 | $0.05 | $0.11 |
| Revenue | $290.5 mil | $278 mil. | $343 mil. |
AFTER THE BELL
The wireless products manufacturer [RIMM
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] is expecting a profit of $1.00 per share and a 40 percent revenue increase from last year to $3.62 billion.
| Fiscal 2nd Qtr. | Actual | Estimate | Year Ago |
| EPS | -- | $1.00 | $0.86 |
| Revenue | -- | $3.62 bil. | $2.58 bil |
*Earnings data based off of Thomson Reuters
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Data is a real-time snapshot *Data is delayed at least 15 minutes