Stock Earnings Updates for (NYSE: SNA, BKC, WM)

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Snap-on Incorporated (NYSE:SNA) climbed 7% to $38.06 after it said that third-quarter earnings fell to $25.4 million, or 44 cents a share, from $54.6 million, or 94 cents a share, in the same period a year ago. Sales at the Kenosha, Wisc.-based tool maker were $582 million in the quarter, down from the year-earlier $698 million. Analysts polled by FactSet Research expected, on average, earnings of 45 cents a share and sales of $595 million. Snap-on said it still expects fourth-quarter sales and earnings to be down year over year.

Burger King Holdings, Inc. (NYSE:BKC) is trading flat at %17.19 after its worldwide comparable sales for its fiscal first quarter fell 2.9%, against growth of 3.6% in the year-ago period. The company reported net income of $46.6 million, or 34 cents an adjusted share, against $49.8 million, or 36 cents, in the year-ago period. Earnings per share included 2 cents from a negative currency impact. Total revenue fell 5% to $636.9 million from $673.5 million. The company said the "unpredictable consumer environment" was likely to continue in 2010. "We are clearly not where we want to be as it relates to comparable sales and overall profitability," said Chairman and Chief Executive Officer John W. Chidsey. "We are, however, managing the brand for the long-term, strategically positioning the company for the future when we return to a more normal consumer environment."

Waste Management, Inc. (NYSE:WM) is trading flat after its third-quarter net income fell to $277 million, or 56 cents a share, from $310 million, or 63 cents a share in the year-ago period. Excluding items, the Houston based garbage hauler earned 54 cents a share. Revenue dropped to $3.02 billion from $3.53 billion. Wall Street analysts expected earnings of 53 cents a share and revenue of $3.1 billion, according to a survey by FactSet Research. Waste Management reiterated its 2009 earnings target of 1.95 to $1.99 a share on an adjusted basis.