Futures Point To A Higher Open
Earnings Continue To Flow As Futures Still
Slightly Higher – U.S. Commentary
(
$COMPX |
Quote |
Chart |
News |
PowerRating)
(RealTimeTraders.com)
7/26/2005 7:56:39 AM The futures are showing a
slight upward bias at this point, as earnings news continues to flow.
Verizon (VZ) reported earnings for the second quarter of $0.63 per share,
excluding one-time items. This was down from last year’s mark of $0.64 per
share, disappointing analysts, who had, on average, expected the company to
match its year-ago result. The company said revenue for the period grew 4.6% to
$18.6 billion.
DuPont (DD) reported earnings for the second quarter of $1.01 per share,
including a net benefit of $0.11 per share from one-time items. In the same
period last year, the company earned $0.50 per share. The company said its net
sales for the period were $7.5 billion, essentially flat with last year.
Lockheed Martin (LMT) reported a second-quarter profit of $1.02 per share,
including a gain of $0.06 per share from its investment in Inmarsat. The company
earned $0.66 per share in the same period last year. Wall Street analysts had
expected the company to make $0.83 per share. Lockheed Martin also raised its
earnings guidance for the full year to $3.60-$3.75 per share. Previously, the
company had predicted a profit for the year of $3.35-$3.55 per share.
Verizon Communications Fell Short Of The Q2
Consensus – Stock To Watch
(
VZ |
Quote |
Chart |
News |
PowerRating)
(RealTimeTraders.com)
7/26/2005 7:55:56 AM We alerted readers at 7:26
that Verizon Communications (VZ) reported second quarter EPS of $0.63, which
fell short of the consensus estimate of $0.64. Revenues increased 5.1% to $18.5
billion, from the prior year.
Verizon Communications fell to the downside in the late afternoon on Monday and
closed lower by 0.15 at $34.02. The stock slipped below support to close at a
3-month low.
Netflix Inc. Is Rising Higher On Q2 Results
(
NFLX |
Quote |
Chart |
News |
PowerRating)
(RealTimeTraders.com)
7/26/2005 7:27:41 AM Netflix Inc. (NFLX) reported
second quarter EPS of $0.14 after the bell on Monday, which topped the consensus
estimate of $0.01. Revenues increased to $164.5 million from the $120.3 million
reported last year. The company increased its full year 2005 GAAP net income
guidance to between $2.4 million and $11.9 million, from previous guidance of a
loss of $5 million to $15 million. The stock is now up 2.69 on 30K shares
Tuesday morning on Instinet.
Netflix Inc. moved to the upside in the first 90 minutes of Monday’s session and
closed higher by 0.56 at $16.96. The stock finished near the upper end of a
6-week range.
Texas Instruments Inc. Is Moving Higher On Q2
Earnings
(
TXN |
Quote |
Chart |
News |
PowerRating)
(RealTimeTraders.com)
7/26/2005 7:34:17 AM Texas Instruments Inc. (TXN)
reported second quarter EPS of $0.38 after the close on Monday, which included
$0.06 per share in tax gains. Excluding the gain, EPS came in at $0.32, which
beat the consensus estimate of $0.29. Third quarter EPS is expected to come in
between $0.31 and $0.35, compared to the consensus estimate of $0.32. The stock
is now up 1.61 on 3K shares Tuesday morning on Instinet.
Texas Instruments Inc. moved slightly to the downside just before noon on Monday
and closed lower by 0.16 at $30.60. The stock has been pulling back from the
highs of the year for the last 3 sessions.
J2 Global Communications Is Heading Higher
On Q2 News
(
JCOM |
Quote |
Chart |
News |
PowerRating)
(RealTimeTraders.com)
7/26/2005 7:46:13 AM j2 Global Communications (JCOM)
reported second quarter EPS of $0.46 after the bell on Monday, which topped the
consensus estimate of $0.42. Revenues increased to $34.9 million, from the $25.8
million reported last year. The company expects to report third quarter EPS of
$0.48 to $0.49 and full year 2005 EPS of $1.82 to $1.87. The consensus estimates
are for EPS of $0.45 and $1.75 respectively. The stock is now up 2.53 on 8K
shares Tuesday morning on Instinet.
j2 Global Communications moved to the downside at the open of Monday’s session,
before settling into a range, to close down by 0.28 at $36.47. The stock pulled
back slightly from some resistance.
Â
Lockheed Martin Corp. Topped The Q2
Consensus – Stock To Watch
(
LMT |
Quote |
Chart |
News |
PowerRating)
(RealTimeTraders.com)
7/26/2005 7:51:07 AM We alerted readers at 7:30
that Lockheed Martin Corp. (LMT) reported second quarter EPS of $1.02, which
beat the consensus estimate of $0.83. Revenues increased to $9.3 billion, from
the $8.8 billion reported last year. The company increased its full year 2005
EPS guidance to between $3.60 and $3.75, compared to the consensus estimate of
$3.54. The stock is now up 1.49 on light volume Tuesday morning on Instinet.
Lockheed Martin Corp. moved to the upside in the first 45 minutes of Monday’s
session and closed higher by 0.51 at $62.51. The stock rose above a narrow range
to finish at a 2 1/2 week high.
Copyright(c) 2005 RealTimeTraders.com, Inc. All
Rights Reserved