Stock Analysts

Washington Post Beats Estimate (NYT) (WPO)

The Washington Post Company ( WPO ) recently posted second-quarter 2011 results. The quarterly earnings of $5.92 per share marked a substantial decrease from $11.04 delivered in the prior-year quarter due to sluggishness witnessed in the students’ enrollment and weak advertising demand. […]

Stock Analysts

BCE Beats on CTV Acquisition (BCE) (RCI) (TU)

Canada’s largest telephone operator BCE Inc. ( BCE ) has reported second quarter 2011 adjusted earnings per share of 89 cents per ADS (86 Canadian cents), which surpassed the Zacks Consensus Estimate of 85 cents. Earnings climbed 11.4% from 78 Canadian cents in the year-ago quarter attributable to higher EBITDA, lower pension costs and gains related to share-based compensation plan, partly offset by higher depreciation expense and lower tax adjustments and increased interest expense related to the CTV acquisition […]

Stock Analysts

Pepco Beats EPS, Lags on Revs (CEG) (POM)

Pepco Holdings Inc. ( POM ) reported second quarter 2011 earnings from continuing operations of 42 cents per share, beating the year-ago figure by 8 cents and the Zacks Consensus Estimate by 11 cents. The year-over-year growth stemmed from higher distribution revenue, increased default electricity supply margins, lower interest expense, and favorable income tax adjustments […]

Stock Analysts

First Solar Disappoints (FSLR) (STP)

First Solar Inc. ( FSLR ) reported second quarter 2011 results with earnings per share of 70 cents, considerably below the Zacks Consensus Estimate of 93 cents and the year-ago figure of $1.33 per share. The downside reflects lower average selling prices (‘’ASPs’’) and increased investment in the Utilities Systems business and research and development. […]

Stock Analysts

Public Storage Beats Estimates (PSA) (SSS)

Public Storage ( PSA ), a leading real estate investment trust (REIT) operating self-storage facilities, reported second quarter 2011 FFO (funds from operations) of $1.39 per share, compared with $0.92 in the year-earlier quarter. Funds 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. Excluding several non-recurring items, FFO for second quarter 2011 was $1.43 per share compared with $1.27 in the year-ago quarter. […]

Stock Analysts

AIG Misses, Rebound to Come (AIG) (MET) (PRU)

American International Group Inc. ( AIG ) reported second quarter operating earnings of 69 cents per share that lagged both the Zacks Consensus Estimate of $1.15 per share and $1.18 per share reported in the year-ago quarter, due to an additional 1.655 billion shares issued to the U.S. Treasury Department on January 14, 2011 […]