All Entries Tagged With: "earnings"
Apple Crushes Earnings
After the close on Tuesday, Apple (NASDAQ: AAPL) reported earnings that were far above expectations. The company reported first quarter earnings of $13.87 per share and revenues of $46.30 billion. Wall Street had been anticipating earnings of only $10.08 per share and revenues of $38.85 billion. The company sold 15.4 million iPads, 15.4 million iPods [...]
Options Trades in P&G May Point at a Change in Views (PG)
Procter & Gamble (NYSE: PG) is one of the world’s largest companies with a market cap of $175 billion. P&G stock traditionally has low price volatility and is classified as a defensive stock. The issue this past week was that the company got bashed after its earnings report. Advertising, slow growth, high promotions, and even [...]
Motorola Ships Fewer Phones, Makes Bigger Profit (MOT)
The Q2 earnings report from Motorola Inc. (NYSE:MOT) beat expectations and might have been even better if the company had been able to meet demand for its newest smartphones. The Droid phones, based on the Android operating system from Google Inc. (NASDAQ:GOOG), sold exclusively by Verizon Wireless, a joint venture between Verizon Communications Inc. (NYSE:VZ) and Vodafone plc, have sold [...]
Sprint Loses Money, Gains Subscribers
The second quarter earnings report from Sprint Nextel Corp. (NYSE:S) is a mixed bag at best. The company reported an EPS loss of -$0.25, nearly double last year’s second quarter loss of -$0.13. Analysts were expecting an EPS loss of -$0.20. Revenue totaled $8.03 billion, in line with estimates, but less than last year’s revenue [...]
Earnings War Between Morgan Stanley & Goldman Sachs
Goldman Sachs Group Inc. (NYSE: GS) may have just freshly reached a $550 million settlement with the SEC, but the normal blow-out earnings report did not follow suit. The key rival is Morgan Stanley (NYSE: MS), and so far it is Morgan Stanley that has received the best reception into this earnings season. Morgan Stanley [...]
Earnings Season: Let’s Mix Things Up a Bit
Alcoa reminds me of New Hampshire. If you’re not from the United States, you might be puzzled why New Hampshire – a state with about 0.45% of the nation’s population – always votes first to launch the presidential primary election season. (Actually, even if you are from the United States, this may be puzzling, but [...]
Earnings Season Prediction: Spotlight on Europe
Every three months brings us another “earnings season.” While companies operate on different fiscal calendars, earnings season “unofficially” begins when the first Dow 30 company, Alcoa (AA), releases its earnings. That’s scheduled for July 12. By the end of August, most of the largest companies will have released their second quarter results. So what can [...]