Earnings report
Posted on Wednesday, May 7, 2008
URL: http://www.nwanews.com/adg/Business/225016/
Companies reporting quarterly earnings on Tuesday included:
Cisco Systems Inc., the networking gear maker, a profit of $ 1. 77 billion, or 29 cents a share, down from $ 1. 87 billion, or 30 cents a share, a year ago. Revenue rose 10 percent to $ 9. 79 billion from $ 8. 87 billion a year ago. Shares rose 5 cents to close at $ 26. 33. Molson Coors Brewing Co., a profit of $ 37. 1 million, or 20 cents a share, up from $ 4. 4 million, or 2 cents a share, a year ago. Revenue rose 10 percent to $ 1. 82 billion from $ 1. 65 billion a year ago. Shares rose $ 3. 94 to close at $ 57. 10. NYSE Euronext Inc., the trans-Atlantic stock exchange operator, a profit of $ 230 million, or 87 cents a share, up from $ 68 million, or 43 cents a share, a year ago. Revenue rose to $ 1. 29 billion from $ 702 million a year ago. Shares rose $ 4. 88 to close at $ 72. 95. Qwest Communications International Inc., the Denver-based telecommunications company, a profit of $ 157 million, or 9 cents a share, down from $ 240 million, or 12 cents a share, a year ago. Revenue fell 1. 5 percent to $ 3. 40 billion from $ 3. 45 billion a year ago. Shares fell 32 cents to close at $ 5. 04.
Tenet Healthcare Corp., the hospital operator, a loss of $ 31 million, or 6 cents a share, down from a profit of $ 75 million, or 16 cents a share, a year ago. Revenue rose to $ 2. 37 billion from $ 2. 22 billion a year ago. Shares fell 46 cents to close at $ 6. 01. Walt Disney Co., the entertainment giant, a profit of $ 1. 13 billion, or 58 cents a share, up from $ 919 million, or 44 cents a share, a year ago. Revenue rose 10 percent to $ 8. 47 billion from a year ago. Shares rose 44 cents to close at $ 33. 73.