Cincinnati Financial Corp. (CINF) has reported third quarter 2011 operating earnings of 13 cents per share, in line with the Zacks Consensus Estimate, but down 62% year over year. Year-over-year earnings declined due to high catastrophe incidence during the quarter. Revenue for the quarter stood at 4, down 12% year over year. After-tax investment income [...]
Applied Materials’ (AMAT) second quarter earnings were in line with the Zacks Consensus Estimate. Revenue came in higher than management expectations and exceeded the Zacks Consensus by 3.2%. Revenue Applied reported revenue of .86 billion, which was up 6.6% sequentially and 24.7% year over year. The Applied Global Services (“AGS”) and Energy and Environmental Systems [...]
Ireland-based health care product maker Covidien plc (COV) reported fourth-quarter fiscal 2010 (ended September 24) adjusted earnings per share of 84 cents, exceeding the Zacks Consensus Estimate of 74 cents and the year-ago earnings of 71 cents.
For fiscal 2010, adjusted earnings of .38 per share outshone the Zacks Consensus Estimate of .28 and were above [...]
MasterCard Inc.’s (MA) third quarter operating earnings per share of .94 came in dramatically ahead of the Zacks Consensus Estimate of .54 and .45 in the year-ago quarter. Net income for the reported quarter was 8 million, up 14.6% from 2 million in the prior-year quarter.
Results improved over the prior-year quarter due primarily to better [...]
Marathon Oil Corporation (MRO) – the fifth largest refiner and marketer of petroleum products in the U.S. – reported a jump in its third-quarter 2010 profits.
As has been the case with the larger rivals that have already reported, such as ExxonMobil (XOM), ConocoPhillips (COP), and Royal Dutch Shell PLC (RDSA), results were boosted by higher [...]
HCP Inc. (HCP), a health care real estate investment trust (REIT), reported third quarter 2010 FFO (funds from operations) of .1 million or 31 cents per share, compared with .2 million or 11 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding [...]
Elan Corporation plc (ELN) reported loss per share of 7 cents for the third quarter of 2010, in line with the Zacks Consensus Estimate but way below the year-ago earnings of 11 cents per share. The year-ago quarter saw Elan recording a divestment gain of 7.7 million, which is primarily the reason for the substantial [...]
Baker Hughes Inc. (BHI) reported a more than three-fold jump in per share profit in the third quarter driven by the strength of the US Land market and seasonal recovery in Canada.
The company’s earnings came in at 59 cents per share, compared with the Zacks Consensus Estimate of 46 cents and year-ago earnings of 18 [...]
Strayer Education, Inc. (STRA), for-profit education company, recently posted better-than-expected third-quarter 2010 results on the heels of an increase in students’ enrollment. The quarterly earnings of .72 per share beat the Zacks Consensus Estimate of .70 and jumped 42% from .21 in the year-ago quarter. The Zacks Consensus Estimate was stable prior to the earnings [...]
Hanger Orthopedic (HGR) posted adjusted earnings per share of 37 cents for third quarter fiscal 2010, beating the Zacks Consensus Estimate of 35 cents and exceeding the year-ago earnings of 30 cents.
The adjusted earnings exclude costs (of million) associated with the relocation of the company’s corporate headquarters and charges (of .6 million) related to [...]