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Company News for April 29, 2010

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By: Avishek Mishra
April 29, 2010 | Comment(s): 0
Recommended this article (6)
PG | CL | AET | BMY | XOM | AEP | BDX

• Procter & Gamble (NYSE:PG - Analyst Report) reported better-than-expected third quarter earnings of 83 cents, topping Zacks estimates of 82 cents but slightly off year-ago earnings of 84 cents. Revenues of $19.2 billion fell short of Zacks estimates of $19.5 billion. Full year guidance was raised at the low end of its range by 4 cents to $4.06-$4.12

• Colgate-Palmolive (NYSE:CL - Analyst Report) reported earnings of $1.21, beating Zacks estimates of $1.16. Revenues increased 9.3% over the year earlier to $3.83 billion, short of Zacks estimates of $3.89 billion

• Aetna (NYSE:AET - Analyst Report) first quarter earnings of 77 cents exceeded Zacks projections of 72 cents, although under year ago results of 96 cents. Revenues of $8.54 billion were in-line with Zacks estimates. The company said it sees full year earnings of $2.75 to $2.85 a share

• Bristol-Myers (NYSE:BMY - Analyst Report) posted first quarter earnings of 56 cents, four cents better than expected, and up from 41 cents a year ago. Revenues of $4.8 billion posted inline with Zacks expectations

• ExxonMobil (NYSE:XOM - Analyst Report) reported first quarter earnings of $1.33, which fell short of Zacks estimates of $1.39 versus 92 cents a year earlier, on revenues of $90.25 billion, which fell short of Zacks estimates of $96.10 billion

• American Electric Power (NYSE:AEP - Analyst Report) posted earnings of 76 cents, 2 cents shy of Zacks estimates of 78 cents.  Revenues of $3.5 billion missed consensus estimates of $3.79 billion

• Becton, Dickinson (NYSE:BDX - Analyst Report) reported fiscal second quarter results of $1.24 a one-cent beat, on inline revenues of $1.84 billion

Read the full analyst report on PG

Read the full analyst report on CL

Read the full analyst report on AET

Read the full analyst report on BMY

Read the full analyst report on XOM

Read the full analyst report on AEP

Read the full analyst report on BDX

 

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