News Summary

Shares of Walgreen Co WAG dropped about 5% after the company reported its Q2 net earnings at $739 million, or $0.80 per share, compared with $669 million, or $0.68 per share, in the year-earlier period. The company's Q2 sales increased 8.9% to $18.5 billion. However, analysts were expecting earnings at $0.80 per share on revenue of $18.39 billion. Shares of Dollar General Corp DG surged more than 5% after the company reported upbeat Q4 earnings. The company's earnings came in at $222.5 million, or $0.64 per share, versus $87.2 million, or $0.26 per share, in the year-earlier period. DG's sales surged to $3.5 billion from $3.2 billion. The company's adjusted earnings came in at $0.65 per share. However, analysts were expecting earnings of $0.59 per share. DG projects 2011 earnings in the range of $2.20 to $2.30 per share, versus analysts' estimates of $2.15 per share. Shares of Dollar Thrifty Automotive Group Inc DTG gained about 3.5% after the company raised its 2011 forecast for adjusted earnings before interest, taxes, depreciation and amortization (EBITDA). The company projects adjusted 2011 EBITDA within $235 million to $260 million, a rise of $60 million from its earlier forecast range. Read more from Benzinga's Markets.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceIntraday UpdateMarketsConsumer StaplesDrug RetailIndustrialsNews SummaryTrucking
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!