Earnings Roundup

Best Buy Co Inc (NYSE: BBY) reported a drop in its fiscal first-quarter profit. Best Buy's quarterly profit declined to $158 million, or $0.46 per share, from $212 million, or $0.53 per share, in the year-ago period. On an adjusted basis, Best Buy earned $0.72 per share. Best Buy's revenue rose to...

ConocoPhillips (NYSE: COP) reported a drop in its first-quarter profit. ConocoPhillips' quarterly profit declined to $2.94 billion, or $2.27 per share, versus $3.03 billion, or $2.09 per share, in the year-earlier period. Excluding one-time items, ConocoPhillips earned $2.02 per share. Its...

KeyCorp (NYSE: KEY) reporetd a 32% drop in its first-quarter profit. KeyCorp's quarterly profit fell to $200 million, from a year-ago profit of $263 million. Its per-share profit rose to $0.20, from $0.19. Total revenue climbed 5.5% to $1.03 billion. Analysts were expecting a profit of $0.19 per...

Goldman Sachs Group Inc (NYSE: GS) reported a drop in its first-quarter earnings. Goldman's quarterly earnings declined to $2.1 billion, or $3.92 per share, versus $2.74 billion, or $1.56 per share, in the year-ago period. Its net revenue dropped to $9.95 billion, from $11.89 billion. Analysts were...

Mattel Inc (NASDAQ: MAT) reported a 53% drop in fiscal first-quarter net income. Mattel's quarterly profit declined to $7.8 million, or $0.02 per share, versus $16.6 million, or $0.05 per share, in the year-ago period. Excluding acquisition and integration costs, Mattel earned $0.06 per share. Its...

Rite Aid Corp (NYSE: RAD) reported a narrower fourth-quarter loss. Rite Aid's quarterly narrowed to $163.8 million, or $0.18 per share, versus a year-ago loss of $205.7 million, or $0.24 per share. Its revenue rose to $7.15 billion from $6.46 billion. Excluding a charge of $0.14 per share for LIFO...

Walgreen Co (NYSE: WAG) reported a drop in its fiscal second-quarter profit. Walgreen's quarterly profit declined to $683 million, or $0.78 per share, from $739 million, or $0.80 per share, in the year-ago period. Its net sales rose to $18.65 billion from $18.50 billion. However, analysts were...

Dollar General Corp (NYSE: DG) reported a rise in its fourth-quarter profit. Dollar General's quarterly profit rose to $292.5 million, or $0.85 per share, versus $222.6 million, or $0.64 per share, in the year-earlier period. Its adjusted profit came in at $0.87 per share. Sales climbed 20% to $4....

Tiffany & Co (NYSE: TIF) reported a decline in its Q4 profit. However, the company issued upbeat forecast for the current year. Tiffany projects fiscal-year revenue to rise 10%. It projects a profit of between $3.95 and $4.05 per share. However, analysts were expecting earnings of $3.93 per...

Scholastic Corp (NASDAQ: SCHL) reported a narrower fiscal third-quarter loss. Scholastic lifted its full-year earnings forecast to $2.60 to $2.90 per share on revenue of around $2 billion, versus its earlier forecast of $1.75 to $2.10 per share on revenue of around $1.9 billion. Scholastic posted a...