Earnings Archive

Cliff Natural shares soar 7% following beat on earnings

Cliffs Natural Resources (CLF $19.56 +1.63) reported first quarter earnings of $0.60 per share, $0.25 better than the Capital IQ consensus of $0.35, while revenues fell 5.9% year/year to $1.14 billion versus the $1.19 billion consensus.  First-quarter 2013 U.S. Iron Ore pellet sales volume was 3.1 million tons, compared with 3.4 million

Royal Caribbean Swings to Loss on Impairment Charge

       Royal Caribbean Cruises Ltd. (RCL) swung to a fourth-quarter loss as the cruise ship company recorded a massive impairment charge, although net yields–a key industry metric measuring revenue per available cruise day–beat expectations. For the year, the company projected per-share earnings of $2.30 to $2.50, below recent estimates of

Apple May See Earnings Drop, but Outlook is Key

Apple Inc. (AAPL) may report its first quarterly earnings decline in nearly 10 years Wednesday afternoon, though investors’ attention is already fixated on the company’s outlook amid worries of a rapid slowdown in iPhone 5 demand. The launch of so many new products–including the iPhone 5 and iPad mini–in the last part

This Earnings Season, Company Revenue Is Up to Snuff

Companies’ sales look like they are starting to recover from a six-month slump. So far this quarter, 66% of companies have reported revenue higher than Wall Street expected, according to Thomson Reuters. While that is slightly above the historical percentage–an average of 62% have beaten sales expectations since 2002–it constitutes a shift

AMR Swings to 4th-Quarter Profit on Tax Benefit; Posts Annual Loss of $1.88 Billion

AMR Corp. (AAMRQ) swung to a fourth-quarter profit as the parent of American Airlines posted a net benefit of $350 million from an income tax benefit and the settlement of a commercial dispute. Still the carrier posted an annual loss of $1.88 billion, mostly on a net $1.7 billion in reorganization-related and

Market News – Actively Trading Stocks On 9th January 2013

U.S. stocks were trading higher Wednesday, as the Dow Jones Industrial Average recently rose 48 points to 13376, the Standard & Poor’s 500-stock index gained 2.5 points to 1459, and the Nasdaq Composite rose 10 points to 3102. Among the companies with shares trading actively in Wednesday’s session are Clearwire Corp. (CLWR),

Earnings: 8th May 2012

 Positive Guidance Himax Technologies Guides Above EstimatesTuesday, May 08, 2012  5:00:16 PM ET View:   Complete Article | Historical Guidance Himax Technologies Inc. (HIMX) said it expects second quarter earnings of $0.08 to $0.10 per share on revenue of $191.7 million to $200.0 million. The current consensus earnings estimate is $0.07 per share on revenue of

Earnings: OCZ Technology, Monsanto, Marriott International, Ruby Tuesday, Lufkin Industries, RADVision Ltd

  Inline Guidance OCZ Technology Raises Guidance, but Remains In-line with EstimatesWednesday, October 05, 2011  4:35:08 PM ET   View:   Complete Article | Historical Guidance OCZ Technology Group, Inc. (OCZ) said it expects fiscal 2012 revenue of $320.0 million to $350.0 million. The company’s previous guidance was revenue of $310.0 million to $345.0 million

Earnings: Pozen, Mindspeed Technologies, Acme Packet, Radware, Global Payments

 Positive Guidance Global Payments Raises Earnings GuidanceTuesday, October 04, 2011  4:01:00 PM ET  View:   Complete Article | Historical Guidance Global Payments, Inc. (GPN) said it now expects fiscal 2012 GAAP earnings of $3.13 to $3.20 per share and continues to expect revenue of $2.10 billion to $2.15 billion. The company’s previous guidance was earnings of

Earnings: ClickSoftware, Focus Media, Datalink, Wolverine World Wide, Vitesse Semiconductor, AudioCodes

Positive Guidance ClickSoftware Technologies Raises GuidanceMonday, October 03, 2011  5:30:00 AM ET  View:   Complete Article | Historical Guidance ClickSoftware Technologies Ltd. (CKSW) said it expects third quarter revenue of $22.7 million to $23.5 million. The current consensus estimate is revenue of $21.0 million for the quarter ending September 30, 2011. The company also said it