Showing posts with label LOCM. Show all posts
Showing posts with label LOCM. Show all posts

Morning Movers: MLM, HHS, MA, VNO Down; ADM, BZ, OSK Up

Martin Marietta (MLM) Q3 beat earnings estimates with $1.23 per share in profit, but fell short of the sales estimates, and forecast ’09 EPS well below estimates at $2.20 to $2.45 per share, versus the consensus $2.78. The stock is down 5.4% at $82.25.
Archer Daniels Midland (ADM) missed revenue estimates for Q3 by a cool $3 billion, reporting $14.92 billion, down 30%, while beating EPS estimates by 20 cents with 77 cents per share. The company said it sees demand improving. The stock is up 72 cents or 2.4% at $31.25.
Boise (BZ), maker of paper and packaging products, beat EPS estimates by 2 cents and reported sales down 20%, year over year, to $508 million, missing estimates. The stock is up 19 cents, or 4%, at $4.90.
Direct marketing firm Harte Hanks (HHS) met EPS estimates for 22 cents per share, while reporting a 23% drop in revenue, missing the average $216 million estimate by $7 million. The stock is down 11 cents, or 1%, at $11.31.
Mastercard (MA) beat EPS estimates by a mile with $3.48 per share versus the $2.94 average estimate, as revenue rose 2% to $1.36 billion, beating estimates. Purchases globally were about flat with last year, the company said. The company said it will file a universal shelf registration this month. The stock was down $9.21, or 4.4%, at $213.53.
Rugged vehicle maker OshKosh (OSK) is up $2.25, or 7%, at $34.08, after the company this morning handily beat earnings estimates with 27 cents per share, with sales falling 20% but still beating estimates at $1.49 billion. The company forecast revenue growth in 2010 and expects to be “solidly profitable.”
Hospital owner Tenet Healthcare (THC) beat EPS estimates with a profit of 3 cents versus the average 2-cent loss projected, as revenue rose 6% to $2.26 billion, slightly ahead of estimates. Shares were unchanged at $5.30.
Commercial REIT Vornado Realty Trust (VNO) beat estimates by 8 cents with $1.25 per share a! s revenu e fell about 1% year over year to $671.2 million, ahead of estimates. The stock is down 71 cents, or 1%, at $59.56.

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