Johnson & Johnson
earned 50 cents a share in the third quarter, excluding one-time charges. The company posted income of $1.53 billion, or 49 cents a share, including the charge. Analysts were calling for earnings of 48 cents. The company earned $1.32 billion, or 43 cents a share, a year earlier.
Earnings Reports & Warnings
earned $205 million, or 59 cents a share, falling 3 cents short of the 62 cents analysts were anticipating in the third quarter. Caterpillar earned $216 million, or 62 cents a share, in the same period last year.
met Wall Street's expectations, earning 43 cents a share in the third quarter, before items.
, a maker of telecom equipment, earned $2.4 million, or a penny a share, in the third quarter, excluding one-time items. That figure matched the consensus estimate, but fell sharply from earnings of $196.3 million, or 47 cents a share, in the year-ago period. Sales dropped to $448.2 million from $812.1 million last year.
Scheduled After The Close
Among the many companies slated to report quarterly earnings after the closing bell are
RF Micro Devices
will take a combined $7 billion in charges to dissolve their Concert long-distance venture. About 2,300 jobs will be cut.
After Monday's Close
B2B software company
said it will
cut its staff nearly in half by eliminating 1,300 workers from its payroll of about 2,800 employees. About 600 of the 1,300 positions could be absorbed by the "planned spinoff of a number of services operations that are not directly related to Commerce One products," the company said in a statement.
, a maker of chip equipment, said it earned $35.2 million, or 24 cents a share, in the third quarter, before one-time items. That number matched the consensus estimate. In the year-ago period, the company earned $43 million, or 29 cents a share.