Some companies reportedly have decided to delay their earnings reports as Hurricane Sandy heads for the East Coast and the major U.S. markets are close today, and possibly Tuesday.
Source: Wikimedia Commons
According to Marketwatch:
- Pfizer Inc. (NYSE: PFE) will report quarterly results on Thursday instead of Tuesday.
- Entergy Corp. (NYSE: ETR) has pushed back its report from Tuesday to Nov. 5.
- NRG Energy Inc. (NYSE: NRG) will share its most recent results on Friday instead of Wednesday.
- Thomson Reuters (NYSE: TRI) has postponed its earnings report to Friday from Tuesday.
Burger King Worldwide Inc. (NYSE: BKW) already reported its third-quarter results this morning, offering up better-than-expected per-share earnings and a quarterly cash dividend.
Hurricane Sandy also has prompted the cancellation of thousands of flights into and out of the U.S. Northeast, and the New York City subway system began to close down Sunday evening at 7 p.m. Up to 284,000 homes are expected to be damaged, with an aggregate value of $88 billion. Overall, Hurricane Sandy may cost insurers more than $3 billion.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
