Updated from 10:07 a.m. EDT
AOL Time Warner
cash earnings totaled 30 cents a share, excluding merger costs and one-time items. The consensus estimate was 26 cents a share. On a comparable basis, AOL's income in the year-ago period was 21 cents a share. Revenue totaled $9.32 billion for the quarter, up from $8.76 billion a year earlier.
Earnings Reports & Warnings
earned $3.26 billion, or 63 cents a share, in the third quarter, excluding charges. The bottom line matched analysts' expectations. In the year-ago quarter, the financial services company earned $3.53 billion, or 68 cents a share, excluding charges. The company said that the closure of the New York Stock Exchange and some of its branches following the terrorist attacks reduced earnings by 4 cents a share.
, a maker of data-storage systems, lost $270 million, or 12 cents a share, in the third quarter, excluding charges. Wall Street was expecting a loss of 5 cents a share. The company earned 20 cents in the year-ago period. Revenue dropped to $1.21 billion from $2.3 billion. The company took an $825 million restructuring charge in the period and announced plans to cut additional staff, bringing the total number of job cuts to around 4,000.
posted third-quarter earnings of $766 million, or 70 cents a share, meeting the consensus estimate. The company posted income of $969 million, or 87 cents a share, last year.
said its operating loss totaled 28 cents a share, excluding certain charges, and was in line with analysts' expectations. The company posted income of $994 million, or 50 cents a share, in the year-ago period. Ford also said that the fourth quarter will be "volatile and uncertain" and that it will be "difficult to earn a profit."
said it earned $68 million, or 14 cents a share, in the third quarter. The figures exclude special items. Wall Street was looking for earnings of 5 cents a share. The company earned $260 million, or 53 cents a share, in the year-ago period.
J.P. Morgan Chase
, earned $1.04 billion, or 51 cents a share, in the third quarter, excluding charges. Analysts were anticipating income of 50 cents a share. A year-ago, the company earned $1.42 billion, or 70 cents a share.
lost $5.7 million, or 5 cents a share, in the third quarter. Analysts had been projecting a loss of 3 cents a share. The company earned $20.6 million, or 16 cents a share, a year ago. Revenue dropped to $130.9 million from $187.9 million. Knight said the four-day market closure following the terrorist attacks in September cut its earnings by 2 cents a share.
met analysts' third-quarter earnings expectations of $1.07 a share, up from 99 cents in the year-ago period. Third-quarter underlying net earnings rose to $2.36 billion from $2.24 billion in the same period last year. Underlying operating revenue totaled $22.4 billion.
, the pharmaceuticals maker, said it earned 34 cents a share in the third quarter, a penny above consensus forecasts.
Quarterly Reports Scheduled for After the Close
Wednesday's extended session promises to be a busy one as a number of companies are slated to report quarterly numbers after the closing bell. Among those scheduled to report are
Advanced Micro Devices
After Tuesday's Close
lost $55.3 million, or 13 cents a share, before charges, in the third quarter. The loss was in line with the consensus estimate, but was wider than the loss of $30.6 million, or 7 cents a share, in the year-ago period.
posted earnings of $1.6 billion, or 90 cents a share, a penny ahead of the lowered consensus estimate, in the third quarter. Income came in at $2 billion, or $1.08 a share, in the year-ago quarter. Sales fell to $20.4 billion from $21.78 billion last year.
said its third-quarter
earnings matched the consensus estimate and totaled $655 million, or 10 cents a share, before charges. A year ago, the chipmaker earned $2.89 billion, or 43 cents a share. Sales slid to $6.5 billion from $8.7 billion and the company forecast fourth-quarter sales of $6.2 billion to $6.8 billion, the same range it has projected for the past two quarters. Analysts are looking for a top line of $6.8 billion.
RF Micro Devices
earned $1.5 million, or a penny a share, in the second fiscal quarter. Wall Street was expecting the company to break even. RF Micro earned $17.7 million, or 10 cents a share, in the year-ago quarter. The company also projected earnings of 1 cent to 2 cents a share in the third quarter, before charges, while Wall Street is expecting 2 cents.
reported third-quarter income of $51 million, or 12 cents a share, a penny ahead of the consensus estimate. In the year-ago period, earnings totaled $70 million, or 16 cents a share. Revenue increased to $340 million from $317 million.