Drug giant Pfizer ( PFE) is expected by analysts on Tuesday to post first-quarter earnings of 55 cents a share on revenue of $13.99 billion. Pfizer, Facebook and AIG Report Earnings but Only Two Are Buys
British oil company BP ( BP) posted underlying replacement cost net profit of $4.22 billion in the first quarter, down from $4.65 billion a year earlier. But the first-quarter numbers topped analysts' estimates. "These strong first-quarter results demonstrate the progress BP is making ... and underpin our commitment to material operating cash flow growth by 2014," said BP CEO Bob Dudley, in a statement Tuesday.
Swiss banking giant UBS ( UBS) posted first-quarter net profit of $1 billion, a swing from a $2 billion loss in the fourth quarter of 2012 thanks to strong investment banking and wealth management. In the first quarter, UBS' investment bank posted a profit of 977 million francs before taxes and the wealth management arm posted a profit 664 million francs before taxes.
Herbalife ( HLF) on Monday posted earnings that beat Wall Street's first-quarter estimates and raised earnings guidance. The nutrition specialist reported revenue of $1.1 billion, a 17% increase over the prior year's quarter, topping analysts' estimates of $1.07 billion. Herbalife also enjoyed saw volume growth of 13% from the same period last year. Excluding items, Herbalife earned $1.27 a share, up from 88 cents a share in the prior year's quarter. Analysts were looking for earnings of $1.07 a share. The Los Angeles-based company, which has recently faced accusations that it's a pyramid scheme, also raised its 2013 guidance to between $4.60 and $4.80 a share. Herbalife Slips Despite Raising Guidance
Domino's Pizza ( DPZ) is expected by Wall Street on Tuesday to post earnings of 55 cents a share in the first quarter on revenue of $413.3 million.
Aetna ( AET) is projected by analysts on Tuesday to report first-quarter earnings of $1.39 a share on revenue of $9.64 billion.
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