Month: July 2011

SunPower Corporation ( SPWRA ) reported preliminary results for its second quarter 2011, which is scheduled to be released on August 9, 2011. The company expects pro forma loss per share for the quarter to be in the range of 19 cents to 20 cents, much wider than its previous expectation of a loss of 5 cents to earnings of 10 cents. The Zacks Consensus Estimate for the quarter is currently pegged at a loss of 14 cents per share […]

Tellabs Inc. ( TLAB ) declared its second quarter of 2011 financial results today, lagging behind the Zacks Consensus Estimates. […]

Ford Motor Co. ( F ) posted a profit of $2.64 billion or 65 cents per share in the second quarter of the year, a $67 million or 2.5% decline from $2.70 billion or 68 cents per share in the corresponding quarter of 2010. However, the compa ny fared better than t he Zacks Consensus Estimate of 60 cents per share. […]

PACCAR Inc. ( PCAR ) reported a profit of $239.7 million or 65 cents per share in the second quarter of the year that more than doubled from $99.6 million or 27 cents per share in the prior-year quarter. However, the truck maker’s profit missed the Zacks Consensus Estimate of 68 cents per share […]

Bristol-Myers Squibb Company ( BMY ) is set to announce its second quarter 2011 results on 28 July before the opening bell. The Zacks Consensus Estimate for the second quarter is $0.55, representing a year-over-year increase of 1.9%. Bristol Myers has surpassed earnings estimates in three of the last four quarters. […]

Eastman Kodak Company ( EK ) reported its financial results for the second quarter of 2011 on July 26. The company reported loss from continuing operations of 67 cents a share compared with a loss of 62 cents in the year-ago comparable quarter. The loss incurred during the quarter was higher than the Zacks Consensus Estimate loss of 59 cents per share […]

Plum Creek Timber Co. Inc. […]

RadioShack Corp. ( RSH ) declared its second-quarter 2011 financial results, which fell below the Zacks Consensus Estimates. […]

Canadian National Railway ( CNI ) reported adjusted earnings per share of C$1.26 ($1.30) in the second quarter of 2011, surpassing the Zacks Consensus Estimate of $1.28. Adjusted earnings increased 11.5% from the year-ago quarter of C$1.13 driven by strong volume and pricing, backed by a gradual improvement in the North American economy. […]

Liberty Property Trust ( LRY ) reported second quarter 2011 FFO (fund from operations) of 65 cents per share compared with 67 cents per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. The reported earnings were in line with the Zacks Consensus Estimate. […]

AK Steel Holding Corporation ( AKS ) posted its second-quarter 2011 results, delivering an EPS of 30 cents compared with 24 cents during the year-ago quarter. However, the EPS was below the Zacks Consensus Estimate of 50 cents per share. Net sales, as reported by the company, were $1,791.9 million on the shipments of 1,497,000 tons versus $1,596.1 million and 1,449,400 tons in the prior-year quarter. […]

BP Plc ( BP ) has reported second-quarter 2011 earnings of $1.76 per American Depositary Share (ADS) – on a replacement cost basis, excluding non-operating items – well below the Zacks Consensus Estimate of $1.97. The underperformance resulted mainly from lower production volumes (including the impact of divestments) and higher costs (including rig standby costs in the Gulf of Mexico/GoM), which were partly balanced by higher oil and gas price realizations. However, quarterly results were higher than the year-earlier adjusted profit level of $1.57 […]

New Home Sales in May fell by 1.0% from May, to a rate of 312,000. Relative to a year ago, sales are up 1.6%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales […]