Earnings highlights: Toll Bros., Take-Two, Tiffany, Staples, Kraft, Corning and others
Filed under: Earnings reports, Boeing Co (BA), Ciena Corp (CIEN), Tiffany and Co (TIF), Corning Inc (GLW), Staples Inc (SPLS), Toll Brothers (TOL), Kraft Foods'A' (KFT)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Boeing Co. (NYSE: BA) earnings prospects may have encouraged the machinist union to strike. Ciena Corp. (NASDAQ: CIEN) Q3 results and weak guidance led shares to a new 52-week low. Corning Inc. (NYSE: GLW) lowered its Q3 earnings guidance below previous and analysts' forecasts. Dollar Financial Corp. (NASDAQ: DLLR) beat Q4 estimates and posted record 2008 results. Ericsson Telephone Co. (NASDAQ: ERIC) was downgraded because it could miss Q3 earnings expectations. Esterline Technologies (NYSE: ESL) topped Q3 expectations due to robust aerospace and defense markets. Joy Global Inc. (NASDAQ: JOYG) posted strong Q3 results due to a sharp increase in orders. Kraft Foods Inc. (NYSE: KFT) backed away somewhat from its previous 2008 earnings guidance. Legg Mason Inc. (NYSE: LM) earnings prospects for the next several quarters led to an analyst downgrade. MEMC Electronic Materials Inc. (NYSE: WFR) mid quarter update warned of declining demand for chips. Navistar International Corp. (NYSE: NAV) was upgraded following a strong Q3 report. New York Times Co. (NYSE: NYT) ongoing losses haven't diminished Rupert Murdoch's interest in it. Nokia Corp. (NYSE: NOK) warned that it would miss earnings estimates due in part to weak sales. Shanda Interactive Entertainment Ltd. (NASDAQ: SNDA) better-than-expected Q2 led to an analyst upgrade. Staples Inc. (NASDAQ: SPLS) Q2 earnings slipped while revenues rose, beating expectations. Take-Two Interactive Software Inc. (NASDAQ: TTWO) Q3 results soared but cut its Q4 guidance. Tenet Healthcare Corp. (NYSE: THC) was upgraded on its prospects for beating expectations. Terex Corp. (NYSE: TEX) warned that earnings for Q3 and Q4 would be lower than estimates. Tiffany & Co. (NYSE: TIF) posted better-than-expected Q2 results and offered full-year guidance. Toll Brothers Inc. (NYSE: TOL) reported its fourth straight quarterly loss, but it was smaller than expected.Also, Jim Cramer discusses a decline in earnings resulting from a collapse of oil and oil services.
Upcoming quarterly reports include Korn/Ferry (NYSE: KFY), Pep Boys (NYSE: PBY), Campbell Soup (NYSE: CPB), Krispy Kreme (NYSE: KKD), and Lululemon Athletica (NASDAQ: LULU).
Visit AOL Money & Finance for more earnings coverage.
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