The Boeing Company (NYSE: BA) reported net income of $1 billion with EPS of $1.27 beating the Street estimate of $1.12 handily by $0.15, up from $1.25 a year ago. Revenues of $20 billion were above the $19.37 billion estimate, up from $16.54 billion a year ago.
According to Deloitte Consulting in a study to be released today, 10 percent of U.S. employers plan on dropping healthcare coverage for their workers in coming years.
Peabody Energy Corporation (NYSE: BTU), the largest American coal company announced second quarter EPS of $0.73 beating expectations of $0.53 and revenues of $2 billion came in slightly under analyst consensus of $2.06 billion.
On the surface earnings appear strong in relation to analyst expectations.
DeVry, (NYSE: DV) a world wide provider of education services, previewed its fourth quarter earnings today and sent the stock price down substantially in pre-market trading.
The company is now expecting between $500 million to $510 million in revenue with analyst average estimates for more than $516 million.
McDonald's (NYSE: MCD) missed expected targets on top line revenue and bottom line earnings due to the strengthening U.S. dollar. The company reported an EPS of $1.32 versus the consensus estimate of $1.38.
On Thursday, Google (NASDAQ: GOOG) reported second-quarter earnings. The company increased revenue across all divisions.
Google reported total revenue of $12.21 billion, up from $9 billion from last year.
On Thursday, tech giant Microsoft (NASDAQ: MSFT) reported earnings. The company reported a loss, taking a write down on the flailing online ad service aQuantive.
Microsoft took a $0.73 “Goodwill Impairment” and adjusted their earnings.
Shares of Microsoft traded up on Friday morning.