Pre-Market Earnings Gappers (January 29, 2008)
We are right in the thick of earnings season and below is a snapshot of some of the key earnings reports with price changes if available: Air Tran (NYSE: AAI) -$0.02 EPS vs -$0.02 estimate. American Electric Power (NYSE: AEP)…
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We are right in the thick of earnings season and below is a snapshot of some of the key earnings reports with price changes if available:
- Air Tran (NYSE: AAI) -$0.02 EPS vs -$0.02 estimate.
- American Electric Power (NYSE: AEP) $0.52 EPS vs $0.50 estimate.
- American Express (NYSE: AXP) $0.71 EPS vs $0.71 estimate; stock fell 2% after-hours.
- Burlington Northern (NYSE: BNI) $1.46 EPS vs $1.37 estimate.
- Cardinal Health (NYSE: CAH) $0.90 EPS vs. $0.87 estimate, lowered guidance.
- Chattem (NASDAQ: CHTT) $0.76 EPS vs $0.65 estimate.
- Corinthian Colleges (NASDAQ: COCO) $0.11 EPS vs. $0.11 estimate; lending changes and reimbursement changes will lower earnings in second half to make 2008 at lower-end of expectations.
- Countrywide Financial (NYSE: CFC) posted earnings; maintained dividend; shares up 1.5% pre-market.
- Dow Chemical (NYSE: DOW) $0.84 EPS vs $0.80 estimate;
- Eli Lilly (NYSE: LLY) $0.90 EPS vs $0.87 estimate.
- EMC (NYSE: EMC) $0.24 EPS vs $0.22 estimate
- 3M (NYSE: MMM) $1.19 EPS vs $1.17 estimate; $6.2 Billion vs. $6.12B estimate; reiterated 10% EPS growth for 2008.
- Accidental Petroleum (NYSE: OXY) $1.74 EPS vs $1.69 estimate; replaced 116% of its 2007 production.
- SanDisk (NASDAQ: SNDK) posted non-GAAP EPS of $0.69 vs. $0.64 EPS estimate, but guidance was disappointing; stock down 3%.
- Sepracor (NASDAQ: SEPR) trading down 7% after restatements.
- Smurfit Stone (NASDAQ: SSCC) traded up 6% after earnings.
- T.Rowe Price (NASDAQ: TROW) $0.68 EPS vs $0.63 estimate.
- Unisys (NYSE: UIS) $0.04 EPS vs $0.12 estimate; although shares up almost 4%.
- VMware (NYSE: VMW) trading down 20% or more after revenue number was light.
- Waddell & Reed (NYSE: WDR) $0.42 EPS vs. $0.42 estimate.
- Zoran (NASDAQ: ZRAN) traded down 22% after beating earnings but lowering guidance.
Jon C. Ogg
January 29, 2008
Contact [email protected] for any questions or corrections.
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
