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| JP Morgan raises Q2 estimates ahead of Apple earnings next week Following RBC Capital Markets General Manager Mike Abramsky’s lead, JP Morgan analyst Mark Moskowitz on Friday raised his revenue and EPS estimates for Apple’s 2011 fiscal second quarter. RBC upped its second-quarter revenue estimate from $23 billion to $24 billion on Tuesday, citing pent up iPad demand and strong sales of the Verizon iPhone 4 and newer laptop lines. On Friday, JP Morg [..] |
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| Verizon Q2 earnings top estimates; CEO will step down Verizon Communications on Friday reported second-quarter earnings that topped the Street’s consensus, though it failed to match AT&T’s accelerated growth during the quarter. Revenue climbed to $27.5 billion in the June quarter, up 2.8% from the same quarter last year. EPS was up 6 cents sequentially to $0.57 ? a huge swing from the second quarter in 2010 when Verizon reported a los [..] |
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| Google To Blow Q3 Earnings, Estimates To Be Cut Rob Sanderson at AmTech thinks Google will miss consensus when it reports Q3 results tomorrow after the close. We're still working on our own preview (and a Google Earnings Game!), but, for no [..] |
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| RIM reports Q4 earnings; revenue misses estimates despite record shipments Shares of Research in Motion stock declined over 12% after hours on Thursday as the company reported its fourth-quarter earnings for its 2011 fiscal year. RIM reported revenue that missed Wall Street’s consensus on device shipments that exceeded expectations by 200,000 units. Fourth-quarter revenue came in at $5.6 billion, just below the $5.64 billion analysts expected. Device shipments for [..] |
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| Citi Cuts Estimates on Google's Earnings, Click Growth Citi analyst Mark Mahaney trimmed Google's (GOOG) Q1 and 2008 estimates: Q1 down to $4.50 per share from $4.65, and for the year down to $19.08 from $20. He also cut the earnings estimates of 2009 and 2010.
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RIM reports Q1 earnings: misses analyst estimates, Q2 outlook misses, layoffs coming Research In Motion on Thursday reported earnings for the first quarter of fiscal 2012. After cutting its first-quarter outlook at the end of April, RIM’s May quarter came in below analyst estimates. First quarter revenue came in at $4.9 billion versus the Street’s estimate of $5.5 billion, and device shipments totalled 13.2 million versus expectations of 13.5 million. Net income for th [..] |
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