Tuesday, May 17, 2011

HP reports Q2 earnings revenue up over last year weak Q3 guidance R.R. Donnelley Signs New Deal Analyst Blog Align to Support Cadent Product Teva Bolsters Position in Japan Earnings Scorecard Vornado Realty Preview Red Robin Gourmet Earning DISH Network HewlettPackard Wendy's Misses on Higher Cost NTT Reports Solid Fiscal 2010 Dick's Sporting Goods CA 4Q A Mixed Bag Symantec In Line Profit DryShips Falls Short of Estimates SINA Expenses Comcast Fortune Brands Salesforce.com Nelnet Tops Raises Dividend Rises Even On Unexciting Report

HP reported its second quarter results for 2011 early on Tuesday. Net revenue of $31.6 billion was up 3% from the $30.8 billion in net revenue HP reported during the second quarter last year. The firm reported income of $2.3 billion, up 5% from the same period last year. HP said its results were driven by the commercial sector and that it experienced "uneven consumer performance across its product categories," due to weakened interest in consumer PCs. Despite claims that the company would begin to ship products just "weeks" after being announced, HP has yet to ship its new TouchPad tablet, or Pre 3 smartphone, both of which attracted some consumer attention earlier this year when they were unveiled. Shares R.R. Donnelley & Sons Co. recently signed a global supply chain agreement with renowned publishers HarperCollins, a subsidiary of News Corporation. Recently, Align Technology certified Cadent Holdings' orthodontic full arch scanning process for the use in its Invisalign treatment. This interceptive Invisalign procedure of Align will be available on Cadent???s OrthoCAD iOC system with latest software version iOC 4.0. The deal is in-line with Teva's strategy of becoming a major player in the Japanese generics market. Vornado Realty reported fiscal 2011 first quarter FFO of $2.64 per share, which well surpassed the Zacks Consensus Estimate of $1.97. Red Robin Gourmet Burgers is scheduled to announce its first quarter 2011 results on May 19. DISH Network Corp. reported its first quarter 2011 financial results, where the EPS beats the Zacks Consensus Estimate while the revenue misses the estimate. Hewlett Packard Company is scheduled to announce its second quarter 2011 results on May 18, 2011, after the close of market and we don't see much variation in analyst estimates at this point. Wendy's recently posted first quarter 2011 adjusted earnings of approximately one cent per share, which missed the Zacks Consensus Estimate by a penny. Nippon Telegraph & Telephone Corp. declared encouraging financial results for fiscal 2010 (ending March 31, 2011). Dick's Sporting Goods Inc. is scheduled to release its first-quarter 2011 results on Tuesday, May 17, 2011. CA Inc. reported fourth quarter 2011 adjusted earnings per share of 46 cents, in line the Zacks Consensus Estimate. Symantec Corporation reported fourth quarter 2011 earnings per share of 33 cents, in line with the Zacks Consensus Estimate. However, quarterly revenue of $1.67 billion surpassed the Zacks Consensus Estimate of $1.60 billion. DryShips Inc. declared its first quarter 2011 financial results, where revenue and EPS was below the Zacks Consensus Estimate. SINA Corp. reported first quarter 2011 earnings of 21 cents per share, which missed the Zacks Consensus Estimate by 2 cents. Comcast Corp. reported excellent first quarter 2011 financial results, where both the earnings per share (EPS) and revenues exceeded the Zacks Consensus Estimate. Fortune Brands Inc. recently posted its first-quarter 2011 results. The street analysts had over a week to ponder on the news. Salesforce.com is scheduled to announce its first quarter 2012 results on May 19, 2011 and the modest revision in estimates reflects some key changes in the company???s future business prospects. Nelnet Inc.'s first quarter 2011 earnings of $1.09 per share, excluding debt repurchase gains, surpassed the Zacks Consensus Estimate of $1.06. Nelnet also raised its quarterly dividend by 3 cents. Teva Pharmaceutical Industries reported first quarter earnings that rose about 7% on a GAAP basis.
Key Words: gaap

References:
http://feedproxy.google.com/~r/TheBoyGeniusReport/~3/D3RmjkBD9c0/
http://www.zacks.com/stock/news/53383/R.R.+Donnelley+Signs+New+Deal
http://www.zacks.com/stock/news/53374/Align+to+Support+Cadent+Product
http://www.zacks.com/stock/news/53373/Teva+Bolsters+Position+in+Japan
http://www.zacks.com/stock/news/53356/Earnings+Scorecard%3A+Vornado+Realty
http://www.zacks.com/stock/news/53348/Earnings+Preview%3A+Red+Robin+Gourmet
http://www.zacks.com/stock/news/53344/Earning+Scorecard%3A+DISH+Network
http://www.zacks.com/stock/news/53343/Earnings+Preview%3A+Hewlett-Packard+
http://www.zacks.com/stock/news/53338/+Wendy%27s+Misses+on+Higher+Cost
http://www.zacks.com/stock/news/53324/NTT+Reports+Solid+Fiscal+2010
http://www.zacks.com/stock/news/53279/Earnings+Preview%3A+Dick%27s+Sporting+Goods
http://www.zacks.com/stock/news/53267/CA+4Q+-+A+Mixed+Bag
http://www.zacks.com/stock/news/53266/Symantec+Reports+In+Line+Profit
http://www.zacks.com/stock/news/53250/DryShips+Falls+Short+of+Estimates
http://www.zacks.com/stock/news/53248/SINA+Misses+on+Higher+Expenses
http://www.zacks.com/stock/news/53157/Earning+Scorecard%3A+Comcast
http://www.zacks.com/stock/news/53153/Earnings+Scorecard%3A+Fortune+Brands
http://www.zacks.com/stock/news/53133/Earnings+Preview%3A+Salesforce.com+
http://www.zacks.com/stock/news/53117/Nelnet+Tops%2C+Raises+Dividend
http://www.forbes.com/2011/05/11/teva-reports-q1-earnings-inlive-with-estimates-marketnewsvideo.html?feed=rss_home
http://pixelhat.net/