Archive for Earnings
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New Earnings Season Begins with Alcoa - Markets Uncertain
Today’s action started off strong but slowly weakened throughout the day as earnings season was on the horizon. Alcoa reported a few minutes ago at 44 cents per share vs. a consensus estimate of 48 cents per share. Currently, Alcoa’s halted pending further news regarding their earnings report.
EMC Corp Third Quarter 2007 Earnings Report
EMC Corp. (EMC) reported another outstanding quarter, reporting $0.23 / diluted share vs. $0.17 by analyst estimates. The quarter includes a $0.06 / share gain on the sale of shares of VMWare to Cisco. Adjusting for the sale brings EMC’s quarter in line with expectations. EMC has authorized an increase in their buyback program from […]
Anticipated Earnings from Google
Google (GOOG) earnings should be released in the next few minutes. Stay tuned. This may be the most important earnings report of this earnings quarter.
Update: Google has reported third quarter results of $3.91 per share. Google shares are swinging wildly immediately after the report. The stock should stabilize once their […]
Alcoa Earnings Reports Third Quarter 2007
Board Increases Share Buyback Program to 25% of Outstanding Shares
NEW YORK–(BUSINESS WIRE)–Alcoa (NYSE:AA):
Highlights:
Income from continuing operations of $558 million, or $0.64 per share, a three percent increase from a year ago.
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