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- P&G Outlook Below Views, To Invest in Its Brands
Procter & Gamble forecast fiscal 2010 earnings way below Wall Street estimates, as it invests in international markets and new products, but its shares fell only slightly as analysts said the investments were needed for future growth.
- Costco Profit Just Misses; Big Lots Tops
Costco Wholesale posted a lower quarterly profit Thursday that fell just short of Wall Street's expectations, as shoppers cut spending on discretionary items like clothes and jewelry.
- P&G Outlook Below Views, To Invest in Its Brands
- Staples Profit Falls 33%, but Tops Estimates
Top office products retailer Staples reported slightly higher-than-expected quarterly earnings on Wednesday, bolstered by its Corporate Express unit.
- Staples Profit Falls 33%, but Tops Estimates
- AutoZone Profit Rises, but Shares Decline
- Sears Posts Profit, Extends Credit Terms
- Campbell Soup's Adjusted Quarter Profit Rises
- Gap's Profit Drops Almost 14% Amid Sluggish Demand
- Toll Brothers' Homebuilding Revenue Dives 51%
- Deere Reports Lower Profit, Cuts Outlook
- HP Tempers Revenue Outlook, Cuts 2% of Workforce
- Analog Devices Beats Forecasts; Shares Jump
- Home Depot Profit Rises on Cost Cuts
| As of Friday, May 8th: |
The blended earnings growth rate for the S&P 500 for Q1 2009, combining actual numbers for companies that have reported, and estimates for companies yet to report, fell to -36.3% from -35.1%.
If the final growth rate for Q1 '09 remains negative, it will be the first time the S&P 500 recorded 7 straight quarters of negative growth since Thomson Reuters began tracking the data in 1998.At the start of the quarter, the estimated growth rate for Q1 was -12.5%. (Data provided by Thomson Reuters)
If the final growth rate for Q1 '09 remains negative, it will be the first time the S&P 500 recorded 7 straight quarters of negative growth since Thomson Reuters began tracking the data in 1998.At the start of the quarter, the estimated growth rate for Q1 was -12.5%. (Data provided by Thomson Reuters)
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