NEW YORK ( TheStreet) -- Verizon (VZ), Honeywell (HW) and Ford (F) are three of today's most notable earnings in this, TheStreet's rundown of the week's quarterly reports.

FRIDAY'S EARNINGS

Ford (F) Drives Past Estimates

Revenue: Revenue rose 17% to $31.3 billion. Excluding Volvo sales in 2009, revenue was up 30%.

Earnings: Second-quarter net profit rose 15% to $2.6 billion from a year earlier. Earnings per share fell to 61 cents from 69 cents due to an increase in outstanding shares. Excluding items, earnings came in at 68 cents a share, blowing past estimates of 40 cents.

Outlook: Ford lowered the top end of its range on expectations of a slower second half to 11.5 million to 12 million vehicles in the U.S. and 14.5 to 15 million vehicles in Europe.

Share performance: The stock is up 3.6% at $12.51. See recent Ford stock action here.

Verizon (VZ) Posts Loss on Severance Costs

Revenue: Second-quarter revenues posted a 0.3% decline to $26.8 billion.

Earnings: Verizon posted a loss of $198 million, or 7 cents a share, a swing from a year-earlier income of $1.48 billion, or 52 cents a share. Excluding severance charges, it posted a profit of 58 cents, beating Wall Street estimates of 56 cents.

Outlook: The wireline spinoff to Frontier ( FTR) is expected to improve growth.

Share performance: The stock is up 3.7% at $28. See recent Verizon stock action here.

Honeywell (HON) Raises Outlook

Revenue: Rebounding demand for turbochargers and general industrial products drive revenues higher by 8% to $8.2 billion from $7.6 billion a year earlier.

Earnings: Profits came in at 60 cents per share, flat on a year-on-year basis. Excluding items, earnings per share rose 24% to 78 cents compared with 63 cents a year earlier. Analysts were expecting 57 cents.

Outlook: Honeywell raised its outlook, expecting 2010 sales of $32.4 billion to $32.9 billion, earnings in the range of $2.40 per share to $2.50 per share on a reported basis.

Share performance: The stock is up 1.5% at $43.30 on Friday morning. See recent Honeywell stock action here.

Schlumberger (SLB)Meets Estimates

Revenue: A 10% rise in oilfield-services revenue drove total revenues up 7.4% to $5.94 billion versus $5.53 billion in the year-ago quarter.

Earnings: Second-quarter earnings rose to $818 million, or 68 cents per share. Analysts were expecting 68 cents on earnings of $5.9 billion.

Outlook: Management sees a continued slow build of activity in the second half. It said it isn't planning any resumption of drilling activity in the deepwater Gulf of Mexico this year.

Share performance: The stock is down 3.5% at $59.18 on Friday morning. See recent Schlumberger stock action here.

McDonald's (MCD) Beats by a Penny

Revenue: Strong same-store sales helped revenues rise 5% to $5.95 billion, higher than estimates.

Earnings: Profits rose 13% to $1.23 billion, or $1.13 per share, beating estimates by a penny.

Outlook: Management did not provide an outlook.

Share performance: The stock is down 1.8% at $70.04 on Friday morning. See recent McDonald's stock action here.

THURSDAY'S EARNINGS

Microsoft (MSFT) Beats Estimates

Revenue: Fourth-quarter revenues rose 22% to $16.04 billion, driven by Office 2010 and Windows 7.

Earnings: Profit rose 48% to $4.52 billion, or 51 cents a share, beating estimates of 46 cents.

Outlook: The company expects full-year operating expense of $26.9 billion to $27.3 billion.

Share performance: The stock is flat on extended trading. See recent ( MSFT) here.

Amazon (MSFT) Misses Estimates, Guides Lower

Revenue: Electronics and general merchandise drove revenues higher by 41% to $6.54 billion.

Earnings: Profits jumped 45% to $207 million, or 45 cents a share. Analysts were expecting 54 cents.

Outlook: Amazon expects third-quarter revenue in the range of $6.9 billion to $7.63 billion, short of analysts' estimates of $7.15 billion

Share performance: The stock plunged 15% in extended trading. See recent Amazon stock action here.

AT&T (T) Raises Full-Year Outlook

Revenue: Demand for iPhones boosted subscribers, but revenue came in flat at $30.8 billion.

Earnings: Profit rose 26% year-on-year to 68 cents a share. Adjusted earnings rose to 61 cents a share, beating estimates at 57 cents.

Outlook: Management forecasts "strong" earnings in 2010. It had expected "stable- to- improved earnings" earlier.

Share performance: The stock ended 2.3% higher on Thursday. See recent AT&T stock action here.

SunTrust Banks (STI) Narrows Loss

Revenue: Total revenue came in at $2.16 billion, down 2% compared to a year earlier, but up 14% sequentially. Net interest margin rose 39 basis points to 3.3%.

Earnings:SunTrust posted a net loss of $56 million, or 11 cents a share, narrower than its loss of $164 million, or 41 cents a share, in the year-earlier Excluding preferred dividends, mainly related to its government bailout funds, the bank would have earned $12 million in the June period.

Outlook: The bank did not provide an outlook in its earnings release.

Share performance: The stock rose 9.6% on Thursday and was flat in extended hours. See recent SunTrust stock action here.

Caterpillar (CAT) Ups Outlook as Profits Soar

Revenue: Sales and revenues were up 31% at $10.41 billion

Earnings:Profit jumped to $1.09 a share, blowing away estimates of 85 cents.

Outlook: Caterpillar raised its full-year profit outlook to $3.15 to $3.85 from previous guidance of $2.50 to $3.25.It increased its full-year sales and revenue forecast to $39 billion to $42 billion.

Share performance: The stock rose 1.7% on Thursday and was flat in extended hours. See recent Caterpillar stock action here.

WEDNESDAY'S EARNINGS

Qualcomm (QCOM) Beats Revenue Estimates

Revenue: June quarter sales declined 2% year-over-year to $2.71 billion, higher than expected $2.63 billion.

Earnings:Net income rose 4% year-on-year to $767 million or 47 cents a share. Adjusted earnings rose 6% to 57 cents a share, beating estimates at 54 cents.

Outlook: Management expects to report sales of $2.67 to $2.93 billion in the September quarter and earnings of 39 to 43 cents. Adjusted earnings is estimated at 55 to 59 cents. Analysts are expecting 57 cents.

Share Performance: The stock is up 4.2% in extended trading. See recent Qualcomm stock action here.

eBay (EBAY) Sees Strong Growth in Paypal

Revenue:Sales in the June quarter rose 6% to $2.2 billion, led by strong performance of PayPal.

Earnings:Profits per share rose 24% to 31 cents. Adjusted for items, profits rose 8% to 40 cents a share, beating estimates of 38 cents on revenues of $2.17 billion.

Outlook: Management lowered full-year guidance to reflect the impact of pressure from a stronger U.S. dollar. Revenue is expected to range between $8.8 and $ 9 billion, while adjusted profits are expected to range from $1.60 to $1.65 a share.

Share Performance: The stock is up 3.4% in extended trading. See recent eBay stock action here.

Netflix (NFLX) Displays Soft Sales

Revenue: Sales rose to $519.8 million short of street expectations of $524 million. Subscribers surged by 42%.

Earnings:Profits came in at 80 cents a share, significantly higher than the estimated 70 cents.

Outlook: Management expects to end the third quarter with 16.3 million to 16.7 million subscribers and GAAP EPS of 61 to 74 cents.

Share Performance: The stock is down 9% in extended trading. See recent Netflix stock action here.

Starbucks (SBUX) Raises Dividend, Outlook

Revenue: Sales rose 9% to $2.6 billion led by same-store sales growth of 9%.

Earnings:Profits rose 35% to 27 cents a share. Adjusted for items, earnings were at 29 cents, in line with estimates.

Outlook: Management expects adjusted EPS for 2010 at $1.22 to $1.23.

Share Performance: The stock is down 2% in extended trading as in-line results failed to impress. See recent Starbucks stock action here

Morgan Stanley (MS) Beats View on Higher Trading

Revenue: Revenue rose 53% to $8 billion.

Earnings: Net income rose to $1.09 per share from a loss of $1.10 a year-ago. Earnings from continuing operations were 80 cents per share, comfortably beating estimates of 46 cents.

Outlook: Management did not provide a specific outlook but were cautious in their tone, predicting a difficult market environment in the months ahead.

Share performance:Shares are up 9% in Wednesday trading. See recent Morgan Stanley stock action here.

Wells Fargo (WFC) Beats Profit View

Revenue: Revenue dropped $1 billion from the year-ago quarter to $21.4 billion, in line with estimates.

Earnings: Profits rose 12% to 55 cents a share, beating estimates of 48 cents.

Outlook: Management did not share its outlook on the impact of financial regulatory reform.

Share performance: Shares rose 3.1% in extended trading. See recent Wells Fargo stock action here.

Coca-Cola (KO) Profit Rises on Higher Volumes

Revenue: Revenue rose 5% to $8.67 billion, on higher volume growth.

Earnings: Profits rose 16% to $1.02 a share. Excluding items, earnings were at $1.06 a share beating estimates by 3 cents.

Outlook: Management said it remains on track in the integration of Coca-Cola Enterprises' ( CCE) North America bottling unit.

Share Performance: The stock is up more than 1.5% in afternoon trading. See recent Coca-Cola stock action here.

TUESDAY'S EARNINGS

Yahoo! (YHOO)Profit Jumps 51%

Revenue:Revenue rose 2 % to $1.6 billion.

Earnings:Net income jumped 53% to $213 million or 15 cents a share, as operating margins improved. Analysts were expecting 14 cents.

Outlook: Revenue for the third quarter is expected to range between $1.57 billion to $1.65 billion.

Share Performance: The stock was sliding 5% in extended trading. See recent Yahoo stock actionhere.

Apple (AAPL)Zooms Past Estimates

Revenue:Revenue for the June quarter grew 61% to $15.7 billion, one billion dollars more than estimates. Apple sold 8.4 million iPhones, 3.27 million iPads.

Earnings: Profits soared to $3.51 share from $2.01 a year-ago. Analysts were expecting $3.11 a share.

Outlook: Apple expects revenue for the fourth quarter to be $18 billion and earnings to be at $3.44 a share. Consensus for the September quarter revenue was at $17.03 billion.

Share Performance: The stock rose 3.1% in extended trading. See recent Apple stock action here.

Boston Scientific (BSX)Profits Drop

Revenue:Revenue for the June quarter declined 9.5% to $1.9 billion.

Earnings: Profits declined 38 % to $98 million or 6 cents a share from 10 cents a share in year ago quarter. Adjusted or Non-GAAP profit declined 40% to 12 cents a share.

Outlook: Management expects revenues for third quarter to range from $1.85 billion to $1.93 billion and profits on a GAAP basis to range from 1 cent to 5 cents a share. Adjusted earnings are expected to range from 10 cents to 13 cents a share.

Share Performance: The stock rose 1.6% in extended trading. See recent Boston Scientific stock action here.

Goldman Sachs (GS) Misses on Revenue

Revenue: Revenue dropped 35% to $8.8 billion from $12.8 billion in year-ago quarter on lower trading revenue. Analysts were expecting revenue of $8.9 billion.

Earnings: Earnings declined 83% to 79 cents a share. Excluding settlement expenses and U.K. bank payroll tax, earnings were $2.75 a share, beating estimates of $2.08.

Outlook: No guidance was provided.

Share Performance: Shares were shedding 2.3% in Tuesday morning trading. See recent Goldman Sachs stock action here.

PepsiCo (PEP) Tops Revenue Estimates But Disappoints on Profits

Revenue: The beverage and snack maker saw revenue rise nearly 40% to $14.8 billion.

Earnings: Profit declined 8% to 98 cents a share on currency impact. Analysts were expecting $1.08 on revenue of $14.4 billion.

Outlook: Pepsi expects to maintain its earnings growth target of 11% to 13% for the full year.

Share Performance: The stock rose 2% to $62.40 in Tuesday morning trading. See recent Pepsi stock action here.

Johnson & Johnson (JNJ) Cuts View on Recalls

Revenue: Revenue for June quarter rose 0.6% to $15.3 billion.

Earnings: Profit was at $3.4 billion, or $1.23 a share. Excluding items, earnings per share came in at $1.21, a 5.2% increase over year-ago quarter.

Outlook: Earnings outlook for the year was revised to $4.65 to $4.75 a share to reflect the impact of product recalls.

Share Performance: The stock was down 2.2% in Tuesday morning trading. See recent Johnson & Johnson stock action here.

MONDAY'S EARNINGS

IBM (IBM) Misses on Sales, Raises Guidance

Revenue: Revenue rose 2% to $23.7 billion, below estimates of $24.17

Earnings: Earnings rose 13% to $2.61 a share, beating estimates of $2.58.

Outlook: IBM raises full-year earnings estimate to at least $11.25, but still short of consensus expectations of $11.27.

Share Performance: The stock, which rose 1.4% ahead of earnings, was shedding 3.8% in extended trading. See recent IBM stock action here.

Texas Instruments (TXN) Reports Profit Growth In-line

Revenue: Revenue grew 42% to $3.5 billion on robust demand.

Earnings: Earnings jumped three-fold to 62 cents a share, in line with estimates.

Outlook: Texas Instruments expects revenue for the third quarter to be $3.55 billion to $3.88 billion, against expectations of $3.59 billion. Profits per share are estimated to range between 64 cents and 74 cents, against projections of 64 cents.

Share Performance: The stock declined 6.7% in extended hours as the company failed to exceed expectations. See recent Texas Instruments stock action here.

Zion Bancorp (ZION) Widens Loss

Revenue: Net interest income fell 8% to $ 583 million on declining loan balances and lower net interest margins.

Earnings: Losses widened to 84 cents a share compared to 57 cents in year-ago quarter. Estimates placed the loss at 55 cents

Outlook: No outlook was provided.

Share Performance: The stock declined 3.2% in aftermarket hours.See recent Zion stock action here.

Halliburton (HAL) Profit Rises on Higher Natural Gas Drilling

Revenue: Revenue grew 26% to $4.39 billion.

Earnings: Profits jumped 83% to 53 cents a share, against estimates of 37 cents.

Outlook: Halliburton expects suspension of drilling in the Gulf of Mexico to negatively impact earnings by 5 to 8 cents per quarter in the second half of the year.

Share Performance: Shares rose 5.1% in premarket trading. See recent Halliburton stock action here.

Hasbro (HAS) Profit Rises on Cost Cuts

Revenue: Revenue fell 7% to $737.8 million.

Earnings: Earnings rose 11% to 29 cents a share, beating estimates by 5 cents.

Outlook: Hasbro expects revenues to be weighted towards the second half of the year as new initiatives launch.

Share Performance: The stock was unchanged in premarket trading. See recent Hasbro stock action here.

Delta Airlines (DAL) Swings to Profit as Travelers Return

Revenue: Uptick in travel helped boost revenue 17% to $8.17 billion.

Earnings: Earnings excluding special items rose to 65 cents a share, against estimates of 63 cents. Including items, earnings came in at 55 cents a share.

Outlook: Delta expects strong double-digit growth in passenger revenue per available seat mile in the third quarter.

Share Performance: Shares fell 1.9% in premarket trading. See recent Delta Airlines stock action here.

McMoRan (MMR) Reports Lower Losses

Revenue: Revenue rose 11.8% to $108 million.

Earnings: Losses narrowed to 23 cents a share, from $1.40 a year earlier. Estimates were at 23 cents a share.

Outlook: Management expects average daily production in 2010 at 160 million cubic feet equivalent per day, or MMcfe/d, compared with previous guidance of 170 MMcfe/d.

Share Performance: Shares ended Friday at $10.78. See recent McMoRan stock action here.

-- Reported by Shanthi Venkataraman in New York.

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