Month: July 2011

3M Company ( MMM ) reported second-quarter 2011 results before the market opened today, reporting earnings per share from continuing operations of $1.60, in line with the Zacks Consensus estimate. Earnings per share increased by 3.9% year over year. […]

Office Depot Inc. ( ODP ) recently posted better-than-expected second-quarter 2011 results. […]

Property and casualty insurer W.R. Berkley Corp. ( WRB ) has reported core operating earnings of 46 cents per share for the second quarter of 2011, 3 cents ahead of the Zacks Consensus Estimate, on the back of higher net premium written, coupled with high net investment income. […]

The Hershey Company ( HSY ) has posted adjusted quarterly earnings of 56 cents a share in the second-quarter 2011 financial results, which slightly exceeded the Zacks Consensus Estimate of 55 cents. It also surpassed the prior-year adjusted earnings of 51 cents per share. On a reported basis, earnings for the quarter came in at 56 cents, up from 20 cents per share delivered in the year-ago quarter […]

Range Resources Corp. ( RRC ) has reported stellar second-quarter 2011 results, buoyed by higher production level and realized prices along with lower unit costs. The company posted adjusted earnings of 27 cents a share, substantially beating the Zacks Consensus Estimate of 12 cents. […]

Illinois Tool Works Inc. ( ITW ) reported its financial results for the second quarter of 2011 on July 26. […]

Cummins Inc. ( CMI ) reported net income of $505 million or $2.60 per share in the second quarter of 2011, significantly higher than the year-ago net income of $246 million or $1.25 per share. However, excluding the after-tax gain of $37 million or 19 cents per share during the quarter related to the sale of the exhaust business from the Components segment, the company’s adjusted income stood at $468 million or $2.41 per share, which is well ahead of the Zacks Consensus Estimate of $2.01 per share […]

Valero Energy Corporation ( VLO ) has posted second quarter 2011 earnings from continuing operations of $1.30 per share. The quarter’s results missed the Zacks Consensus Estimate of $1.47 but climbed more than 39% from last year's earnings from continuing operations of 93 cents. The year-over-year improvement can be traced back to a better refining margins environment and higher feedstock discounts […]

Biogen Idec ( BIIB ) reported second-quarter earnings per share of $1.36, 2 cents below the Zacks Consensus Estimate of $1.38. Earnings increased 7.1% from the year-ago period. […]

Supervalu Inc. ( SVU ), one of the largest grocery chains in the United States, delivered higher-than-expected first quarter 2012 earnings on July 26, 2011. The quarterly earnings of 35 cents a share dipped 18.6% compared with 43 cents posted in the year-ago period […]

Avery Dennison Corporation ( AVY ) has reported fiscal 2011 second quarter earnings per share (EPS) of 69 cents versus 78 cents in the year-earlier quarter. The company incurred restructuring costs of 9 cents in the quarter, excluding which adjusted EPS was 78 cents, down from 94 cents in the year-ago quarter but ahead of the Zacks Consensus Estimate of 75 cents. Total revenue in the second quarter increased to $1.72 billion from $1.68 billion in the prior-year quarter, but failed to meet the Zacks Consensus Estimate of $1.77 billion […]

UBS AG ( UBS ) has posted a sequential as well as a year-over-year drop in profit in the second quarter of 2011. The company’s outlook also remained subdued in light of the new capital and regulatory requirements, coupled with a weakening economic outlook. […]

Waddell & Reed Financial Inc. ’s ( WDR ) second quarter 2011 earnings came in at 58 cents per share, surpassing the Zacks Consensus Estimate by a penny. This also compared favorably with earnings of 53 cents recorded in the prior quarter and 40 cents in the prior-year quarter […]

Global money transfer and payment services company, Western Union Co. ( WU ) , has posted second quarter 2011 earnings of 42 cents per share, beating the Zacks Consensus Estimate by 5 cents, on the back of a strong margin improvement led by its Consumer-to-Consumer (C2C) segment. Earnings per share has also surpassed 36 cents recorded in the prior-year period. […]

Invesco Ltd. ’s ( IVZ ) second-quarter adjusted earnings came in at 44 cents per share, just a penny ahead of the Zacks Consensus Estimate. This also compares favorably with earnings of 27 cents in the prior-year quarter. […]

Before the opening bell, United Parcel Services ( UPS ), the world's largest package delivery company, reported second quarter adjusted earnings of $1.05 per share that outpaced the Zacks Consensus Estimate by a penny. Earnings per share showed substantial 25% growth from 84 cents in the year-ago quarter. […]