Illinois Tool Works Inc (NYSE:ITW) decreased 3.23% to
$51.84. The Company reported second quarter net income of $881 million or $1.85
per share compared to $499 million or $0.99 per share in the prior year
quarter. Income from continuing operations was $1.11 per share versus $0.96 per
share in the previous year quarter. However, analysts expected the Company to
earn $1.10 per share for the quarter.
Revenues rose 0.9% to $4.66 billion.
Get Complete Analysis
on ITW Here
Lockheed Martin Corporation (NYSE:LMT) went up 0.66% to
$87.48. The Company reported second quarter EPS of $2.38 per share compared to
estimate of $1.92 per share. Revenues were $11.92 billion compared to estimate
of $11.29 billion. Net income increased 5.3% to $781 million. Revenue climbed
3.3% from $11.55 billion in the same period last year.
Lexmark International Inc (NYSE:LXK) moved down 14.36% to
$16.46 after the Company announced second quarter results. Net income was $39.2
million or 55 cents per share compared to $101.3 million or $1.27 per share in
the prior year period. Revenue decreased 12% to $918.6 million. However,
analyst estimated earnings of 90 cents per share on revenue of $941.2 million.
How Should You Trade LXK
After Today’s Rise, Get Trend
Analysis
Altria Group Inc (NYSE:MO) went down 0.17% to $35.43 after
the Company released second quarter results.Net income was $1.23 billion or 60
cents per share compared to $444 million or 21 cents per share in the prior
year period. Revenue rose 14% to $4.58 billion. Wall Street analysts expected
profit of 57 cents per share on revenue of $4.48 billion. The Company now
expects profits to range from $2.19 to $2.23 per share for 2012.
NXP Semiconductors NV (NASDAQ:NXPI) slipped 2.14% to $21.51
after the Company announced second quarter results. The adjusted profit was 45
cents per share compared to analysts’ estimate of 40 cents. Revenue was $1.09
billion, beating the analysts’ estimate of $1.05 billion. The Company projected
a profit of 50 cents to 62 cents per share on revenue of $1.08 billion to $1.15
billion for the third quarter.
No comments:
Post a Comment