What's Shaking: Tuesday's Early Movers
Take a look at some of Tuesday morning's early movers:
Texas Instruments - The chipmaker beat Street estimateswith both earnings per share and revenues, and also gave an optimistic assessment of chip industry prospects.
Johnson & Johnson - The company earned $1.13 per share for the fourth quarter, excluding certain items, four cents above estimates. Its full year guidance of $5.05 to $5.15, however, is short of analyst estimates of $5.21.
McDonald's - Fourth quarter earnings came in at $1.33/share,three cents above estimates, with revenues essentially in line.
Travelers - The insurer's Q4 EPS and revenues were shy of analyst estimates, but it says it's successfully implementing price increases across its various product lines.
Verizon - Verizon reported fourth quarter profit of $0.52/share, a penny shy of estimates, but does point out that its year-over-year revenue growth was the biggest in the company's history.
DuPont - Fourth quarter earnings came in at $0.35/share, excluding certain items, two cents above estimates. Revenue, however, was slightly short of consensus.
VMWare - The software company also reported EPS and revenues above analyst estimates, with stronger demand for its cloud computing software.
Polycom - Polycom's fourth quarter earnings soared by 50%, with emerging markets helping to boost the videoconferencing company's bottom line.
Baker Hughes - The oilfield services company came up short on both its top and bottom lines for the fourth quarter, as increasing costs contributed to a 6% profit drop.
Quest Diagnostics - Fourth quarter profit of $1.23/share easily exceeded consensus, but the company's guidance for fiscal 2012 is below Street estimates.
Harley-Davidson - The motorcycle maker reversed a year-ago loss with Q4 per-share profit of $0.24, a penny above estimates, with revenue also beating forecasts.
Kimberly-Clark - The consumer products maker earned $1.28/share, excluding certain items, for its fourth quarter, two cents short of estimates, with revenue also shy of consensus.
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