Monday: Wal-Mart Reports Solid Earnings
Compiled by
John J. Edwards III
Staff Reporter
The earnings season has drawn to a close -- mostly. There are still some stragglers to report on in our post-close compilation:
Wal-Mart
(WMT) - Get Report
reported first-quarter earnings of 29 cents per share, up from the year-ago 25 cents and a penny better than the
First Call
consensus estimate.
EchoStar
(DISH) - Get Report
, which Monday stepped up its legal battle with
News Corp.
(NWS) - Get Report
said it expects to report second-quarter earnings close to the year-ago $1.22 per share, despite the $50 million impact of an 18-day strike at 10 of its plants. The First Call expectation is $1.28.
Quality Dining
(QDIN)
approved the divestiture of its
Bruegger's Bagels
unit and is reviewing a potential store-closure plan for Bruegger's. The company also said it expects a "substantial" second-quarter loss.
Nordstrom
(NOBE)
reported first-quarter operating earnings of 41 cents per share, well ahead of the First Call view of 34 cents and the year-ago 34 cents. The retailer's same-store sales were up 0.5% in the quarter year-over-year.
Advanced Paradigm
(ADVP)
reported fourth-quarter earnings of 11 cents per share, up from the year-ago 10 cents, which also was the First Call estimate for the current quarter.
Precision Response
(PRRC)
reported first-quarter earnings of 16 cents per share, in line with the First Call expectation and up from the year-ago pro forma 3 cents.