What's Shaking: Tuesday's Early Movers
Take a look at some of Tuesday morning's early movers:
Exxon Mobil – The oil giant earned $1.97 per share for the fourth quarter, one cent above Street estimates.
Pfizer – Pfizer earned 50 cents per share for its fourth quarter, three cents above estimates, but lowered its fiscal 2012 guidance by a nickel per share to $2.20 - $2.30, versus analyst estimates of $2.30.
RadioShack – The retailer is forecasting fiscal fourth quarter results below analyst estimates, saying its Sprint postpaid wireless business is performing below expectations.
Archer-Daniels Midland – The company earned 45 cents per share for its fiscal second quarter, well short of Street estimates of 76 cents. ADM's profits were down 89 percent from a year earlier.
Mattel – The toymaker earned $1.07 per share for its fourth quarter, six cents above estimates, and also raised its quarterly dividend to $0.31/share from $0.23.
Tyco – Tyco earned $0.84/share, excluding certain items, for its fiscal first quarter, five cents above estimates. Revenue was essentially in line with analyst forecasts.
UPS – UPS earned $1.28 per share for the fourth quarter, excluding certain items, two cents above estimates. Revenues were slightly short, but the company gave mostly upbeat guidance for the current year.
McGraw-Hill – McGraw Hill earned 63 cents a share for the fourth quarter, compared to analyst estimates of 57 cents.
Coinstar - President and chief operating officer Gregg Kaplan takes a leave of absence due to the illness of a family member.
Limited Brands – The company is raising its annual dividend by 25 percent, to $1.00 per share from the prior $0.80.
Avon – Former chief financial officer Charles Cramb is leaving the board of directors, amid a regulatory investigation. Reuters reports that an SEC probe is looking into information Cramb is said to have shared with a Citigroup analyst on a China bribery investigation.
Eli Lilly - The Food and Drug Administration has approved Lilly’s Jentadueto, a diabetes treatment that combines two treatments into a single tablet.
Honda Motor – The automaker is slashing its annual profit forecast, citing last year’s natural disasters in Japan and Thailand, as well as a stronger yen.
Lexmark – The maker of computer printers beat analyst estimates with its latest quarterly earnings, but its current quarter guidance falls well short of consensus.
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