Dallas, TX 10/29/2009 10:17:18 PM
News / Business

Earnings Round Up (NYSE: MWW, CL, PPL)

Stock Earnings

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Monster Worldwide, Inc. (NYSE:MWW)plunged 6.51% to $15.50 after its third-quarter profit slipped to $32.8 million, or 27 cents a share, from $42.9 million, or 35 cents a share last year. The company said revenue fell to $214.5 million, from $332.2 million a year ago. Income from continuing operations was $1.7 million, or a penny a share in the third quarter, compared to $48 million, or 40 cents a share last year. Analysts polled by FactSet Research had expected the company to earn 2 cents a share.

 

Colgate-Palmolive Company (NYSE:CL) fell 1% to $76.93 after it said Thursday that its third-quarter profit rose to $590 million, or $1.12 a share, compared to $500 million, or 94 cents a share a year ago. Revenue in the quarter ticked a bit higher, to $4.00 billion, from $3.99 billion last year, Analysts polled by FactSet Research had expected the company to earn $1.11 a share.

 

PPL Corporation (NYSE:PPL) is trading flat after its third-quarter net income fell to $20 million, or 5 cents a share, from $203 million, or 54 cents a share in the year-ago period. The power generator's income excluding special items totaled 52 cents a share. Revenue fell to $1.8 billion from $2.97 billion. Wall Street analysts expected earnings of 46 cents a share for PPL, according to a survey by FactSet Research. PPL affirmed its 2010 earnings forecast in a range of $3.10 to $3.50 per share, compared to the Wall Street target of $3.33 a share.

 

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