Earnings outlook for Q1 falls below expectations
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Tyco International said Monday that it turned a fourth-quarter profit as strength in its electronics, health-care and engineered products and services divisions spurred a 13 percent rise in revenue.
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J. C. Penney reported better-than-expected fourth-quarter earnings but its shares fell sharply after it forecast first-quarter profit below Wall Street estimates.
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Slashed earnings estimate pulls down shares.
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U.S. stock index futures indicated a lower opening on Wall Street on Thursday with the focus on corporate results, while European shares slipped after a slew of mixed earnings.
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The results for the current quarter came in slightly below expectations and the company sounded a note of caution on the global economy.
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Brokerage earnings so far this quarter have been positive, but few Wall Street firms are making big predictions for the year ahead, leaving investors to wonder just how well the markets will do.
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OCTOBER 22, 2004 (IDG NEWS SERVICE) - Amazon.com Inc. fell a penny short of analysts&#39; per-share earnings expectations, while reporting net sales of $1.
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U.S. stock futures pointed to a lower  open on Thursday, weighed down by disappointing earnings from  online auctioneer eBay Inc. EBAY.O and a soft outlook from  wireless technology company Qualcomm Inc. QCOM.O late in the  previous session.
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The results fell widely short of Wall Street estimates and the company declined to provide earnings guidance for the next quarter.
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Colgate-Palmolive Co. CL.N on Monday  warned that earnings for the second half of the year will fall  short of earlier forecasts due to higher marketing costs.
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Oracle (nasdaq: ORCL - news - people ) will report fiscal first-quarter results. Analysts polled by Thomson First Call expect quarterly earnings of 9 cents per share on revenue of $2.
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Anticipating a slowdown, investors are wary of paying high stock prices. Firms lower earnings expectations, too.
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The full-service broker reports Q2 earnings just shy of estimates.
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Apple earnings were very strong during its first fiscal quarter, but it disappointed financial analysts with its second quarter guidance amid a nervous stock market, and iPod sales were lower than expected.
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Tokyo's Nikkei fell nearly 1 percent to a  one-month low by Thursday afternoon as stocks like NEC Corp.  dropped after disappointing earnings from U.S. companies fanned  concern over profit trends and sent Wall Street lower.
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Investors are looking for an onslaught  of company earnings and economic data next week to give  direction for U.S. stocks after some early signs of slower  profit growth got the year off to an uncertain start.
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U.S. stock index futures indicated a  lower opening on Wall Street on Thursday with the focus on  corporate results, while European shares slipped after a slew  of mixed earnings.