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) - Get Free Report
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) - Get Free Report
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) - Get Free Report
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) - Get Free Report
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.
