First-Quarter Earnings Announcements

TheStreet.com is compiling all of its earnings news and analyses in one convenient location to make it easier for our readers to see where earnings are headed. We will update this section as soon as earnings reports arrive. To keep track of what's coming, we have a daily earnings preview as well as a weekly earnings calendar.

Monday's Earnings

FreeMarkets Posts a Lower-Than-Expected Loss
The online auctioneer reported a first-quarter net loss of $8.4 million, or 24 cents a diluted share.

Texas Instruments Beats Expectations
Earnings rose 69% on the strength of semiconductor sales.

Ford Drives Past Expectations
Net income rose to $2.1 billion and total vehicle sales increased to 1.91 million.

Merrill, Schwab Top Estimates
However, looking ahead, market instability may affect the brokerages' performances.

Kodak Tops Estimates by 2 Cents
Net earnings rose 58%.

Sears Meets Upgraded Expectations
Net income rose 71%.

Citigroup Leads a Slew of Upbeat Banking Results
Citigroup Leads a Slew of Upbeat Banking Results

Also Monday

Travelers Property Casualty(TAP) reported first-quarter earnings of 96 cents a share, beating the nine-analyst estimate of 87 cents and up from the year-ago 83-cent profit.

Conseco(CNC) put $11.9 million on reserve to possibly pay back defaults by company executives for their $575.8 million share in bank loans that the company secured in a controversial stock purchasing program, The Wall Street Journal reported.

Eli Lilly(LLY) posted first-quarter earnings of 77 cents a share, which included a gain and sale. The report compares to the year-ago 53-cent profit and edges out the 20-analyst estimate of 61 cents a share.

Ford(F) reported first-quarter earnings of $1.70 a share, edging out the 14-analyst estimate of a $1.58 profit and up from the year-ago $1.60 a share, which included a gain.

Upside Surprises
Company	Qtr	EPS	First Call View	Yr. Ago EPS	Number of Analysts
Bank of America (BAC)	1Q	$1.33	$1.24	$1.08	28
Charles Schwab (SCH)	1Q	33c	32c	17c	12
Temple-Inland (TIN)	1Q	$1.04	98c	46c	9
Tower Automotive (TWR)	1Q	65c	61c	51c	13
W.W. Grainger (GWW)	1Q	44c	43c	60c	10

Downside Surprises
Company	Qtr	EPS	First Call View	Yr. Ago EPS	Number of Analysts
Briggs & Stratton (BGG)	3Q	$1.84	$1.92	$1.79	3
U.S. Bancorp (USB)	1Q	52c	53c	51c	22

Friday's Earnings

Thursday's Earnings

Wednesday's Earnings

Tuesday's Earnings

>To order reprints of this article, click here: Reprints