Adjusted earnings per share from continuing operations were 24 cents in second quarter.
Net sales fell 0.4% to $2.35 billion from $2.36 billion a year earlier.
Sara Lee shares fell 0.2% to $16.88 in premarket trading Tuesday.On average, analysts were expecting earnings of 25 cents a share on revenue of $2.63 billion.
Homebuilder Beazer Homes (BZH) swung to a fiscal first-quarter loss as home closings fell 43.6% and new orders fell 23.9%. Shares of the company fell 4.4% to $5.21.
Utilities company Entergy (ETR) reported that fourth-quarter earnings fell 27% to $228.3 million, or $1.26 a share, from $313.8 million, or $1.64 a share, a year earlier. On an operational basis, Entergy's fourth-quarter earnings were $1.30 a share. Total revenue rose 1% to $2.53 billion, from $2.50 billion a year earlier. On average, analysts were expecting earnings of $1.24 a share on revenue of $2.68 billion. Entergy fell 1.3% to $72.93 on Monday.
Beauty products maker Avon Products (AVP) said its fourth-quarter income from continuing operations fell 18% to $220 million, or 50 cents a share, from $268 million, or 62 cents a share, a year ago. Adjusted income from continuing operations was 59 cents a share. Net sales rose 1% to $3.14 billion from $3.1 billion the year before. The Wall Street consensus called for earnings of 67 cents as share on sales of $3.28 billion. The stock fell 4.4% to $28.06 during premarket trading Tuesday.
NYSE Euronext (NYX) said fourth-quarter net income fell 22% to $135 million, or 51 cents a share, from $172 million, or 66 cents a share, a year earlier. Excluding items, earnings in the latest quarter were 46 cents a share. Net revenue fell 4% to $613 million from $640 million. Analysts, on average, were calling for earnings of 43 cents a share on revenue of $612 million. The stock fell 2.2% to $33.01 during premarket trading Tuesday.
UBS (UBS), the Swiss bank, posted its first annual profit since 2006 after fourth-quarter earnings rose. The stock was gaining 2.2% to $18.80 in premarket trading Tuesday.
Toyota (TM) said quarterly earnings fell 39% but the world' No. 1 automaker raised its full-year revenue and profit forecasts. The stock rose 2.2% to $87 in early trading.
Kindred Healthcare (KND) will acquire RehabCare (RHB) for about $900 million. Kindred shares surged 16.1% to $22.61 in premarket trading. Premarket quotes weren't available for RehabCare. Shares rose 1.1% to $25.47 at the closing bell Monday.
ArcelorMittal (MT) posted a fourth-quarter loss, but foresees a better 2011. Shares of the steelmaker popped 4.8% to $38.53 in premarket trading.
Discount retailer Big Lots (BIG) is exploring a possible sale after receiving interest from buyout firms, Bloomberg reports, citing two people with knowledge of the situation. Big Lots fell 1.1% to $38.77.
>>Search for Highest Dividends by Rate or Yield
|More on Earnings Today's Top Earnings|
>To contact the writer of this article, click here: Andrea Tse. >To follow the writer on Twitter, go to Andrea Tse. >To submit a news tip, send an email to: email@example.com.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV