Earnings highlights: Ciena, Staples, Intel, Tivo, Trump, Del Monte and others
Posted by: in Stocks Money NewsFiled under: Earnings reports, Intel (INTC), Ciena Corp (CIEN), Trump Entertainment Resorts (TRMP), Staples Inc (SPLS)
Here are a few highlights from this past week’s earnings coverage from BloggingStocks:
- BJ’s Wholesale Club Inc. (NYSE: BJ) beat fourth-quarter estimates on lower costs and strong sales.
- Ciena Corp. (NASDAQ: CIEN) first-quarter profit doubled on strong sales, lifting the sector.
- Clean Harbors Inc. (NASDAQ: CLHB) trounced expectations as it completes acquisitions.
- Del Monte Foods Co. (NYSE: DLM) beat estimates on cost cutting and raised its guidance.
- HSBC Holdings PLC ADS (NYSE: HBC) profit soared in 2007, beating analysts’ expectations.
- Intel Corp. (NASDAQ: INTC) lowered its first quarter earnings forecast, citing weak chip prices.
- LeapFrog Enterprises Inc. (NYSE: LF) narrowed its losses for the fourth quarter and full year.
- LKQ Corp. (NASDAQ: LKQX) beat fourth-quarter estimates and raised its guidance.
- Midway Games Inc. (NYSE: MWY) widened its losses in both the fourth quarter and full year.
- Staples Inc. (NASDAQ: SPLS) reported a solid fourth quarter and increased its annual dividend.
- TiVo Inc. (NASDAQ: TIVO) posted a smaller-than-expected fourth-quarter loss due to licensing deals.
- Trump Entertainment Resorts Inc. (NASDAQ: TRMP) fourth-quarter and full-year losses widened.
- Universal Health Services (NYSE: UHS) beat earnings expectations but matched revenue estimates.
Also, Dell Inc. (NASDAQ: DELL) struggles to maintain profitability against competitor Hewlett-Packard Co. (NYSE: HPQ). See Timothy Sykes’s take on Warren Buffett’s annual letter to Berkshire Hathaway (NYSE: BRK.A) shareholders. And Zac Bissonnette is interested in where earnings actually come from.
Upcoming results to watch for include Kroger Co. (NYSE: KR), Boston Beer Co. (NYSE: SAM), J. Crew Group Inc. (NYSE: JCG), Jones Soda Co. (NASDAQ: JSDA), Blackstone Group (NYSE: BX), and Men’s Wearhouse Inc. (NYSE: MW).
Visit AOL Money & Finance for more earnings coverage.
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