Company News for October 23, 2009
• Amazon.com (NASDAQ:AMZN - Analyst Report) reported better-than-estimated third quarter earnings of 45 cents, ahead of Zacks estimates of 33 cents as revenues soared 28% to $5.45 billion, up from estimates of about $5 billion. For the fourth quarter the firm said it expects revenues of $8.125-$9.125 billion
• American Express (NYSE:AXP - Analyst Report) reported earnings of 44 cents for the third quarter, versus Zacks estimates of 36 cents, as revenues of $6 billion were ahead of estimates of $5.9 billion. Consolidated loss provisions declined 13% to $1.2 billion
• Dover (NYSE:DOV - Analyst Report) reported 10 cent better-than-projected earnings of 58 cents a share on inline revenues of $1.5 billion, down 23.7% y/y
• Honeywell (NYSE:HON - Analyst Report) reported third quarter earnings of 76 cents a share, beating Zacks estimates by 4 cents a share, as revenues of $7.7 billion, off 17%, were below estimates of $7.91 billion
• Ingersoll-Rand (NYSE:IR - Snapshot Report) beat Zacks estimates by 9 cents on earnings of 70 cents. Revenues of $3.48 billion missed projections of $3.56 billion. The firm raised guidance for 2010 to $2.00-$2.40
• Whirlpool (NYSE:WHR - Analyst Report) reported cost cuts and productivity gains partially countered shortfalls in global sales and production volumes, resulting in third-quarter earnings of $1.15 a share, beating Zacks estimates of 77 cents a share on revenues of $4.5 billion versus estimates of $4.32 billion. For the year the firm expects earnings of $4.25 per share, up from prior view of $3.50-$4.00
• Schlumberger (NYSE:SLB - Analyst Report) beat projections by 3 cents as earnings reached 65 cents on revenues of $5.43 billion, off 25.2%
Read the full analyst report on AMZN
Read the full analyst report on AXP
Read the full analyst report on DOV
Read the full analyst report on IR
Read the full analyst report on WHR
Read the full analyst report on SLB

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