Dallas 4/29/2010 10:50:22 PM
News / Business

Top Stock Earnings Surprises (GMCR, PG, ILMN, AZN, OMX)

Stock Earnings Surprises

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) slid 9.86% to $78.34. The company forecast third-quarter profit of as much as 54 cents a share excluding some items, trailing the 57-cent average analyst estimate.

 

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The Procter & Gamble Company (NYSE:PG) declined 3% to $61.29. The world’s largest consumer-products company cut its full-year sales growth forecast to a range of 3 percent to 5 percent from 3 percent to 6 percent in February. The company also forecast fourth-quarter profit of as much as 74 cents, trailing the 76-cent average analyst estimate.

 

Illumina, Inc. (NASDAQ:ILMN) gained 13% to $42.50. The maker of DNA analysis equipment reported first-quarter profit of 21 cents a share excluding some items, topping the 19-cent average analyst estimate compiled by Bloomberg.

 

AstraZeneca plc (ADR) (NYSE:AZN) jumped 1.76% to $44.45 after it posted a narrower-than-expected quarterly loss. The net loss for the quarter was $30.5 million, or 38 cents, a share, compared with a net loss of $15.4 million, or 19 cents a share, in the year-ago quarter.

 

OfficeMax Incorporated (NYSE:OMX)  jumped 11.73% to $18.10 after its fiscal first-quarter profit climbed to 29 cents a share from 17 cents a year earlier. Sales rose to $1.92 billion from $1.91 billion. Excluding items, the company earned 39 cents in the latest period. That topped the 21-cent average estimate of analysts surveyed by FactSet. Sales also exceeded the consensus estimate of $1.91 billion.

 

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