Quarterly earnings

US Airways Group, Inc. Q4 and 2009 Financial Results

Net loss excluding special items for the fourth quarter 2009 of $32 million, or ($0.20) per share.

TEMPE, Ariz., Jan 28, 2010 -- US Airways Group, Inc. (NYSE: LCC) today reported its fourth quarter and 2009 results. Net loss for the fourth quarter was $32 million, or ($0.20) per share, which excludes special items totaling $47 million. Net loss excluding special items for the fourth quarter 2008 was $222 million, or ($1.94) per share. On a GAAP basis, the Company reported a net loss of $79 million for its fourth quarter 2009, or ($0.49) per share, compared to a net loss of $543 million, or ($4.76) per share, for the same period in 2008.    » read more »

UAL Corporation Q4 2009 Results

Losses Narrow, Liquidity Strengthened, Operational Improvements Continue

January 27, 2010 -- CHICAGO, Jan. 27, 2010 -- UAL Corporation (Nasdaq: UAUA), the holding company whose primary subsidiary is United Airlines, reported results for the fourth quarter ended Dec. 31, 2009. The company:

* Reported a fourth quarter net loss of $176 million, or $1.05 per basic share, excluding non-cash, net mark-to-market hedge gains and certain accounting charges as outlined in note 6 of the attached statement of consolidated operations, narrowing its net loss by $391 million compared to the fourth quarter of 2008. The company reported a GAAP net loss of $240 million, or $1.44 per basic share.    » read more »

AEP Q4 2009 and Year-End Earnings

2009 year-end earnings $2.96 per share GAAP, $2.97 per share ongoing

COLUMBUS, Ohio, Jan. 28, 2010 – American Electric Power (NYSE: AEP) today reported 2009 year-end earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $1.357 billion or $2.96 per share, compared with $1.380 billion or $3.43 per share in 2008. Ongoing earnings (earnings excluding special items) for 2009 were $1.362 billion or $2.97 per share, compared with $1.301 billion or $3.24 per share in 2008.

GAAP and ongoing earnings for fourth-quarter 2009 were $238 million or $0.50 per share, compared with fourth-quarter 2008 GAAP earnings of $152 million or $0.38 per share and fourth-quarter 2008 ongoing earnings of $237 million or $0.59 per share.    » read more »

Dominion 2009 Earnings

Full-year 2009 operating earnings of $3.27 per share as compared to guidance of $3.20 to $3.30 per share

RICHMOND, Va., Jan. 28 -- Dominion (NYSE: D) today announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the 12 months ended Dec. 31, 2009, of $1.46 billion ($2.46 per share), compared with reported earnings of $1.83 billion ($3.16 per share) for the same period in 2008.

Operating earnings for the 12 months ended Dec. 31, 2009, amounted to $1.94 billion ($3.27 per share), compared to operating earnings of $1.84 billion ($3.16 per share) for the same period in 2008. Operating earnings are defined as reported (GAAP) earnings adjusted for certain items.    » read more »

Southern Company Reports Q4 and FY2009 Earnings

ATLANTA, Jan. 27 -- Despite the economic challenges of 2009, Southern Company today reported solid fourth quarter earnings of $250.9 million, or 31 cents a share, compared with earnings of $185.6 million, or 24 cents a share, in the fourth quarter of 2008.

Southern Company also reported full-year 2009 earnings of $1.65 billion, or $2.07 a share, compared with earnings for 2008 of $1.74 billion, or $2.26 a share.

Excluding certain items described below, Southern Company earned 31 cents a share for the fourth quarter of 2009, compared with 26 cents a share for the same period in 2008, and $2.32 a share for 2009, compared with $2.37 a share in 2008, a 2.1 percent decrease year over year.    » read more »

Abbott Reports Double-Digit Sales and Earnings Growth in Q4

Worldwide Sales Increased 10.6 Percent

January 27, 2010 -- Abbott Park, Illinois (NYSE: ABT) — Abbott today announced financial results for the fourth quarter ended Dec. 31, 2009.

* Diluted earnings per share, excluding specified items, were $1.18, reflecting 11.3 percent growth, at the high end of Abbott's previous forecast. Diluted earnings per share under Generally Accepted Accounting Principles (GAAP) were $0.98, up 10.1 percent.
* Worldwide sales increased 10.6 percent to nearly $8.8 billion, including a favorable 2.4 percent effect of exchange rates. Excluding the expected decline in Depakote® sales due to generic competition, worldwide reported sales increased 12.7 percent. Full-year 2009 sales were $30.8 billion.    » read more »

UTC Reports Q4 and FY EPS of $1.15 and $4.12

Affirms 2010 Outlook of 7 to 13 Percent Earnings Growth

January 27, 2009 -- HARTFORD, Conn. – United Technologies Corp. (NYSE:UTX) today reported fourth quarter 2009 earnings per share of $1.15 and net income attributable to common shareowners of $1.1 billion, down 7 percent and 6 percent, respectively, over the year ago quarter. Results for the current quarter include an $0.08 per share charge for restructuring costs net of one time items.

In 2008, there was a net benefit of $0.06 per share from one time gains in excess of restructuring costs. Before these items, earnings per share grew 5 percent, or $0.06. Foreign currency translation contributed $0.04 of the earnings per share growth.    » read more »

Gilead Sciences Q4 FY 2009 Financial Results

Full Year Total Revenues of $7.01 Billion, Up 31 Percent over 2008 -- Full Year Product Sales of $6.47 Billion, Up 27 Percent over 2008

FOSTER CITY, Calif., Jan 26, 2010 -- Gilead Sciences, Inc. (Nasdaq:GILD) announced today its results of operations for the fourth quarter and full year of 2009.    » read more »

Boeing Reports Strong 2009 Revenue

CHICAGO, Jan. 27 -- The Boeing Company (NYSE: BA) reported fourth-quarter net income of $1.3 billion, or $1.75 per share, as revenue rose 42 percent to $17.9 billion. Current period results reflect solid performance across core businesses and represent a significant improvement over the year-ago quarter, which included a labor strike and a charge on the 747 program (Table 1).    » read more »

AT&T Reports Q4 Earnings Growth

Record Full-Year Cash Flow

Dallas, Texas, January 28, 2010 -- AT&T Inc. (NYSE:T) today reported fourth-quarter results highlighted by solid momentum across key growth areas. Wireless service revenues grew 9.2 percent, driven by industry-leading subscriber growth and continued rapid adoption of data services. AT&T U-verse subscriber gains topped 1 million for the year. Wireline IP-based services and strategic business products both posted strong double-digit revenue growth.    » read more »

Ford Posts Full Year Profit For 2009

Fourth Quarter 2009 Net Income Of $868 Million

DEARBORN, Mich., Jan. 28, 2010 – Ford Motor Company [NYSE: F] today reported a full year 2009 pre-tax operating profit, excluding special items, of $454 million, a $7.3 billion improvement over a year ago.

The company said it now expects to be profitable for full year 2010 on a pre-tax basis excluding special items, for North America, total Automotive and total company, with positive Automotive operating-related cash flow.    » read more »

Walmart Q3 Earnings Per Share Beat Guidance

Q3 EPS of $0.84 Exceeds First Call Consensus of $0.81

BENTONVILLE, Ark., Nov. 12 -- Wal-Mart Stores, Inc. (NYSE: WMT) today reported diluted earnings per share from continuing operations for the third quarter of fiscal year 2010 of $0.84, exceeding the company's guidance of $0.78 to $0.82. Walmart earned $0.77 per share from continuing operations in the third quarter last year.    » read more »

HP Preliminary Q4 2009 Results

Raises Fiscal Year 2010 Earnings and Revenue Outlook

PALO ALTO, Calif., Nov 11, 2009 -- HP (NYSE: HPQ) today announced preliminary results for the fourth fiscal quarter 2009, with revenue of $30.8 billion, down 8% from a year earlier; down 5% when adjusted for the effects of currency and up 12% sequentially.    » read more »

AIG Reports Q3 2009 Results

NEW YORK -- Nov. 6, 2009 -- American International Group, Inc. (AIG) today reported a profit in the third quarter of 2009, as certain of its businesses continue to stabilize and the company’s results reflected positive market valuation changes.

For the third quarter ended September 30, 2009, AIG reported net income attributable to AIG of $455 million, including net income attributable to AIG common shareholders of $92 million, or $0.68 per diluted common share, compared with a net loss of $24.5 billion or $181.02 per diluted share in the third quarter of 2008. Third quarter 2009 adjusted net income was $1.9 billion, compared with an adjusted net loss of $9.2 billion in the third quarter of 2008.    » read more »

The Hartford Announces Q3 2009 Results

HARTFORD, Conn., Nov 03, 2009 -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today reported its third quarter 2009 results.

"The Hartford's third quarter core earnings results demonstrate a resilient company that is emerging from the challenges of the last 18 months," said Liam E. McGee, The Hartford's Chairman and Chief Executive Officer. "In my first month on the job, I have found that the core attributes that initially drew me to The Hartford are sound. The company today has a strong capital foundation; a trusted, well-respected, 200-year-old brand; solid operating franchises; positive relationships with its distribution partners; and a dedicated group of employees committed to winning in the marketplace.    » read more »

Scroll down for related articles:

Syndicate content