16
02
2008
Earnings highlights: Coca-Cola, Deere, Abercrombie, Baidu, Playboy, Taser and others
Posted by: in Stocks Money NewsFiled under: Earnings reports, Coca-Cola (KO), Dean Foods (DF), Abercrombie and Fitch (ANF), Deere and Co (DE), Qwest Communications Intl (Q), Goodyear Tire and Rubber (GT), Zoltek Co (ZOLT), Taser Intl Inc (TASR)
Here are a few highlights of this past week’s earnings coverage from BloggingStocks:
- Abercrombie & Fitch Co. (NYSE: ANF) beat estimates on strong sales and higher profit margins.
- Baidu.com Inc. (NASDAQ: BIDU) profit soared on strong revenue from online marketing.
- Coca-Cola Co. (NYSE: KO) earnings and revenue surged in the fourth quarer.
- Dean Foods Co. (NYSE: DF) missed expectations on rising commodity costs and lower profit margins.
- Deere & Co. (NYSE: DE) posted better-than-expected profits as rising grain prices spurred demand.
- Goodyear Tire & Rubber Co. (NYSE: GT) posted solid results on cost savings and debt reduction.
- Insight Enterprises Inc. (NASDAQ: NSIT) beat expectations and raised its guidance.
- LECG (NASDAQ: XPRT) posted a net loss despite a slight increase in revenue in the fourth quarter.
- Loews Corp. (NYSE: LTR) missed estimates due to profit decline in its CNA Financial (NYSE: CNA) affiliate.
- Marsh & McLennan Inc. (NYSE: MMC) missed estimates on weakness in its insurance services business.
- Playboy Enterprises Inc. (NYSE: PLA) posted disappointing results on weakness in publishing and TV.
- Qwest Communications International Inc. (NYSE: Q) fourth-quarter and full-year results met estimates.
- Sierra Wireless Inc. (NASDAQ: SWIR) beat esimates on the launch of new product s.
- Taser International Inc. (NASDAQ: TASR) profits doubled, which was in line with expectations.
- Visteon Corp. (NYSE: VC) posted a fourth-quarter loss on restructuring costs and write-downs.
- Waste Management Inc. (NYSE: WMI) beat espectations and offered 2008 guidance.
- Wyndham Worldwide Corp. (NYSE: WYN) earnings met expectations and were buoyed by lodging revenue.
- Zoltek Companies Inc. (NASDAQ: ZOLT) missed earnings estimates due to inventory buildup.
Upcoming results to watch for include Wal-Mart (NYSE: WMT), Hewlett-Packard (NYSE: HPQ), OfficeMax (NYSE: OMX), Whole Foods (NASDAQ: WFMI), MGM Mirage (NYSE: MGM), JCPenney (NYSE: JCP), and Safeway (NYSE: SWY).
Visit AOL Money & Finance for more earnings coverage.
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