Stock Analysts

PEG Beats Top and Bottom Lines (FE) (PEG)

Public Service Enterprise Group Inc. ( PEG ) or PSEG , reported second quarter 2011 operating earnings per share of 59 cents, comfortably beating the Zacks Consensus Estimate by 4 cents. However, earnings came in lower than the year-ago figure of 63 cents […]

Stock Analysts

Frontier Lags Estimates, Adds Users (FTR) (VZ)

Frontier Communications ( FTR ), a provider of telecommunications services to rural areas, has reported lower-than-expected second quarter 2011 adjusted earnings per share. Not only did adjusted earnings of 6 cents miss the Zacks Consensus Estimate by a penny, it also deteriorated from the year-ago earnings 19 cents. The decline was mainly due increased interest and income tax expenses, mostly offset by a higher operating income from the acquired properties […]

Stock Analysts

Comcast Posts Excellent 2Q 11 (CMCSA) (NFLX) (T) (VZ)

Comcast Corp. ( CMCSA ) reported excellent second-quarter 2011 financial results, which exceeded the Zacks Consensus Estimate. This performance was the combined effect of higher broadband subscribers’ addition and increased contribution from NBC Universal, of which Comcast acquired a controlling stake in January 2011 […]

Stock Analysts

AGCO Guides Strong in 2Q (AGCO) (CNH) (DE) (KUB)

AGCO Corporation ( AGCO ) has reported fiscal 2011 second quarter results, delivering an EPS of $1.36 versus 66 cents in the year-earlier quarter. The quarter noted some special items, excluding which adjusted EPS amounted to $1.35 versus 66 cents in the year-ago quarter. Total revenue in the reported quarter increased 35.3% year over year to $2.4 billion. […]

Stock Analysts

Devon Excels on Volume Growth (CHK) (DVN)

Devon Energy Corp. ( DVN ) reported second-quarter 2011 adjusted EPS of $1.71, which was above the Zacks Consensus Estimate of $1.56. On a GAAP basis, the company reported an EPS of $6.48 significantly above the year-ago quarter EPS of $1.59, including a one-time gain on the sale of assets in Brazil. […]