Company News for April 29, 2010 - Corporate Summary
• Procter & Gamble (NYSE:PG) 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) 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) 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) 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) 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) 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) reported fiscal second quarter results of $1.24 a one-cent beat, on inline revenues of $1.84 billion
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