Show Entire Article
Take a look at some of Friday’s morning movers:
General Electric - General Electric earned 34 cents per share, excluding certain items, for the first quarter, one cent above estimates. Revenues of $35.2 billion were also above consensus, with GE reporting particular strength in its industrial segments.
Honeywell - Honeywell earned $1.04 per share for the first quarter, five cents above estimates, and also raised its outlook for the year. The company credits higher than expected sales and expanding profit margins.
McDonald's - The restaurant chain matched estimates with per-share profit of $1.23 and revenues of $6.55 billion. McDonald's saw global same store sales rise 7.3 percent during the quarter versus a year earlier, with U.S. comp sales up 8.9 percent.
American Electric Power - Shares of the power company are taking a hit after the company declined to reaffirm its prior outlook for the year, citing uncertainty in its Ohio operations. The state has deregulated its electricity market, permitting customers to switch to other utilities.
MetLife - The insurance company released a preliminary version of its first-quarter profits, after inadvertently posting some of its data on its website ahead of schedule. Excluding certain items, MetLife expects to report first-quarter earnings of $1.37 per share, above estimates of $1.25.
Page 1 of 3 | Next PageShow Entire Article
ETH News & Analysis
DATA IS REAL-TIME EXCEPT NOTED WITH *
* DATA DELAYED AT LEAST 15 MINUTES