earnings report

Register for the LA Trader's Expo for Free Here! The medical technology global player Medtronic (NYSE: MDT) today announced that its Q4 net income rose steeply on higher sales of implantable heart defibrillators. The Minneapolis, Minnesota headquartered company said its profits came in at $954...

Campbell Soup Company (NYSE: CPB) recorded higher sales in its key US soup market, driven by increased spending on promotions. CPB’s sales in this key market had been falling for the past two quarters. The Camden, New Jersey-based company said, however, that its profits dipped to $168 million, or $...

Ann Taylor Stores Corp (NYSE: ANN) announced its fiscal Q1 ended May 1, 2010 results today. The earnings per diluted share stood at $0.38 on both a GAAP and an operating basis, versus $0.04 loss per diluted share on a GAAP basis and a $0.03 loss per diluted share on an operating basis, excluding an...

Hormel Foods Corp (NYSE: HRL) announced better-than-expected fiscal second quarter earnings as its sales improved. The maker of Spam lunch and owner of Jennie-O turkey brand said that diluted adjusted EPS rose 14% to $0.67, as compared to $0.59 in the same quarter a year ago. Excluding one-time...

Abercrombie & Fitch Company (NYSE: ANF) losses narrowed in Q1 as the company’s sales improved across the globe. The New Albany, Ohio-based company said that its Q1 losses narrowed to $11.8 million, or $0.13 a share, as compared to losses of $59.2 million, or $0.68 a share, incurred a year...

An increase in pharmacy revenues caused the quarterly profits of the largest US prescription drugs provider, CVS Caremark Corp (NYSE: CVS), jump by 4.5%. From $738 million or $0.50 a share a year back, CVS’ Q1 net income has risen to $771 million or $0.55 a share. Excluding one-time items, profits...

Diversified manufacturer Eaton Corp (NYSE: ETN) reported a 29% jump in quarterly profits, despite a decline in sales. The Cleveland-based manufacturer gave credit to modestly stronger markets and substantially improved operating performance for the results that handily beat its guidance. ETN’s...

Bank of America Corp (BAC) sank further into the red, with losses widening in 4Q to $5.2 billion, or $0.60 a share, from $2.4 billion, or $0.48 a share, in the year-ago quarter. The results were particularly disappointing, since the consensus expectations were for losses of $0.43 a share. Excluding...