The markets turned higher today as Alcoa kicked off the first-quarter earnings season, with better than expected profit.
"You're taking on more risk only to pay a higher price for every dollar of expected profit today, " he says.
American Express said that cardholder spending increased in the second quarter, and the company reported higher than expected profit and revenue.
Those estimates were on the high side in October, but that weaker-than-expected profit also came with a guidance hike from Apple.
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Earlier this month, the Osaka-based firm issued a lower-than-expected profit forecast.
Europe's leading internet service provider (ISP) T-Online has surprised analysts by reporting better-than-expected profit in the third quarter, putting it on track for its first profitable year.
Homebuilder Lennar squeezed out a better-than-expected profit in its quarterly earnings report this morning just ahead of the home sales figures, saying it bought at a discount.
The council said it had taken the expected profit from the scheme into account in the budget for the current financial year, investing it in subsidised bus routes.
The drop is easy to arrive at simply as the multiple of some modest lowering of Apple's expected sales growth and some modest lowering of its expected profit margin on those sales.
Clothing maker Guess (GES) also posted a better than expected quarterly profit, sending shares higher today.
He expected the profit margin to be thinner than for similar deals in the past.
Fossil shares climbed this morning after the luxury-accessories retailer raised its full-year guidance and reported a greater-than-expected quarterly profit.
FORBES: Fossil Shares Tick Higher After Increased Forecast And Strong Quarterly Profit
Result: BBH has made money every year since 1994 and expected a profit in the low six figures for 2000.
The telecommunications company reported a lower-than-expected quarterly profit, marking the eighth straight quarter in which its net result has declined.
On Thursday the company released a higher than expected quarterly profit, helped by a jump in European and Asian sales, and projected strong revenue and earnings growth through 2013.
Previously, Facebook expected to profit from the sale of virtual goods in mobile games, much like how it takes a cut of such sales from desktop games that run atop the social network.
They are expected to meet profit targets while working with an appropriate level of risk.
In addition it will no longer be possible to book at once the profit expected from holding risky assets.
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Analysts surveyed by Thomson Reuters expected a net profit of 2.34 billion yuan.
In that context, we believe BBY offers a compelling value with sales and expected full year profit showing nice growth.
Increased volumes and a focus on a single line of products will yield improved utilization levels, which is in turn expected to increase profit margins higher.
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Despite an expected dip in profit, analysts are generally optimistic about ONEOK (OKE) as it prepares to reports its fourth quarter earnings on Monday, February 25, 2013.
Despite an expected dip in profit, analysts are generally optimistic about Aetna (AET) as it prepares to reports its fourth quarter earnings on Thursday, January 31, 2013.
Despite an expected dip in profit, analysts are generally optimistic about Gilead Sciences (GILD) as it prepares to reports its fourth quarter earnings on Monday, February 4, 2013.
Despite an expected dip in profit, analysts are generally optimistic about Praxair (PX) as it prepares to reports its third quarter earnings on Wednesday, October 24, 2012.
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