Stock Analysts

Noble Energy Beats, Ups Guidance (APC) (NBL)

Noble Energy Inc. ( NBL ) reported adjusted earnings per share of $1.44 for the second quarter of 2011, which surpassed the Zacks Consensus Estimate of $1.33. The quarterly results were also ahead of the year-ago earnings of $1.07 per share reported by the company […]

Stock Analysts

Visa: Steady and Impressive (AXP) (DFS) (MA) (V)

Visa Inc. ’s ( V ) fiscal third quarter 2011 (ended June 30, 2011) operating earnings of $1.26 per Class A common shar e were three pennies ahead of the Zacks Consensus Estimate of $1.23. Results also substantially exceeded 96 cents reported in the year-ago quarter on lower share count. […]

Stock Analysts

Xcel Energy Tops, Keeps Guidance (AEP) (XEL)

Electricity and natural gas company Xcel Energy Inc. 's ( XEL ) operating earnings for the second quarter 2011 of 33 cents per share were 4 cents higher than the year-ago quarter and 1 cent ahead of the Zacks Consensus Estimate. Earnings during the said quarter benefited from higher electric margins owing to interim rate hikes in Minnesota and North Dakota […]

Stock Analysts

Corning Turns Cautious (GLW)

Corning Inc ’s ( GLW ) second quarter 2011 earnings beat the Zacks Consensus Estimate by a penny, or 1.5%. Revenue growth slowed down in the last quarter, exceeding the consensus estimates by just 2.3%. Gross, operating and net margins all declined and even the tax rate was a shade higher […]

Stock Analysts

Mixed Signals from L-3 Q2 (LLL) (LMT)

L-3 Communications Holdings Inc. ( LLL ) reported second quarter 2011 diluted earnings per share of $2.26, comfortably surpassing the Zacks Consensus Estimate of $2.11 and year-ago quarterly earnings of $1.95 per share. […]

Stock Analysts

Health Management’s 2Q Mixed (CYH) (HMA) (LPNT)

Health Management Associates ( HMA ), a leading operator of general acute care hospitals, reported second-quarter fiscal 2011 earnings per share of 20 cents, edging past the Zacks Consensus Estimate by a penny and beating the year-ago earnings of 16 cents. Net income gained 22.6% year over year to reach $48.6 million. Revenues Revenues increased 13.4% year over year to $1,395.4 million, but fell short of the Zacks Consensus Estimate of $1,407 million […]

Stock Analysts

Iron Mountain Posts Mixed 2Q (CTAS) (IRM)

Iron Mountain Inc. ’s ( IRM ) second quarter earnings per share (EPS) were in line with the Zacks Consensus Estimate of 29 cents per share, but declined 9.4% year over year owing to the net effect of certain discrete tax items of 3 cents per share. EPS, excluding the discrete tax item, was 32 cents, up 33.3% from the previous-year quarter […]

Stock Analysts

Pulte’s 2Q Loss In Line (DHI) (PHM)

PulteGroup, Inc. ( PHM ) reported a net loss of $55 million or 15 cents per share in the second quarter of 2011, worsening significantly from a net income of $76 million or 20 cents per share in the year-ago quarter. Reported earnings included charges of $41 million or 11 cents per share associated with land, mortgage, organizational restructuring and debt repurchases, while the prior-year quarter earnings included similar charges of $48 million or 13 cents and a net benefit of $82 million or 22 cents per share from income taxes […]

Stock Analysts

EQT Beats on Top, Bottom Lines (COG) (EQT) (VLO)

EQT Corporation ( EQT ) has reported second quarter earnings from continuing operations of 51 cents, surpassing the Zacks Consensus Estimate by 10 cents. Results also compare favorably with 20 cents earned in the prior-year quarter. A gain on the ANPI transaction, a gain on the divestiture of available-for-sale securities and a reduction of certain non-income taxes led to a 7 cent increase in the quarter’s earnings. […]

Stock Analysts

Dominion EPS Matches, Top Line Lags (AEP) (D) (NI)

Dominion ( D ) reported second quarter 2011 operating earnings of 59 cents, in line with the Zacks Consensus estimate and at the higher end of the company’s guidance of 50 cents to 60 cents per share. Results were, however, 18% below the year-ago earnings of 72 cents. Operating earnings were $338 million, plummeting 21% year over year. […]

Stock Analysts

AMAG Trims Loss, Sales Remain Weak (ALTH) (AMAG)

AMAG Pharmaceuticals Inc. ( AMAG ) posted a loss of 92 cents per share during the second quarter of fiscal 2011, narrower than the Zacks Consensus Estimate of a loss of $1.08 per share as well as the year-ago loss of $1.01 per share. The moderating loss was due to lower operating expense which countered the top-line weakness. […]

Stock Analysts

Harsco Beats Estimates (HSC)

Harsco Corporation ( HSC ) posted an EPS of 47 cents from continuing operations in the second quarter of fiscal 2011, compared with 40 cents in the year-earlier quarter, above management’s guidance range of 34 cents -39 cents and beating the Zacks Consensus Estimate of 36 cents per share. Revenues Sales for the quarter came in at $875 million, up 11% from the year-earlier quarter, ahead of the Zacks Consensus Estimate of $820 million. The favorable movement in foreign currency exchange rates increased sales by $62 million in the second quarter of 2011 compared with the year-earlier quarter […]