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General Dynamics - The defense contractor earned $1.57 per share for the first quarter, short of estimates of $1.69. Its revenues also came up short of forecasts, with a slower pace of government contract awards among the factors.
Sprint Nextel - The mobile phone operator reported a smaller-than-expected loss of 29 cents per share , versus estimates of a $0.41 per share loss. Revenues were above expectations on better-than-expected subscriber growth.
Wellpoint Health - The health insurer reported a first-quarter profit of $2.34 per share, excluding certain items, above estimates of $2.27. It raised its earnings forecast for the year, despite rising benefit expenses.
Eli Lilly - The drug maker earned $0.92 per share , excluding certain items, for the first quarter, beating estimates of $0.78. Revenues also surpassed consensus forecasts, helped by strong sales of Lilly's antidepressant Cymbalta.
Amgen - The biotech company reported first-quarter profit of $1.61 per share, beating Street estimates of $1.45. Revenue also came in above consensus, while the biotech company left its yearly profit forecast unchanged. Sales of the cancer drug Xgeva rose 14 percent, but fell short of forecasts, though Amgen’s Neupogen, Neulasta, and Enbrel drugs saw sales that beat estimates.
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