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Latest earnings news
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April 13, 2000: 6:27 p.m. ET
Sun Micro, GM, GE, Honeywell, Ameritrade beat forecasts
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NEW YORK (CNNfn) - Sun Microsystems, General Motors, General Electric and Ameritrade all beat Wall Street forecasts Thursday, while computer services company Unisys and computer maker Gateway met expectations. Rockwell and Honeywell beat forecasts by a penny.
Sun Micro beats the Street
Networking computer products maker Sun Microsystems Thursday reported fiscal third quarter earnings that exceeded analyst expectations, as its quarterly revenue rose above the $4 billion mark for the first time. (Click here for the full story)
Gateway matches forecasts
Gateway reported a 37 percent jump in first-quarter profit Thursday, as strong consumer demand and increased overseas sales balanced out weakness in sales to businesses. (Click here for the full story)
GM beats forecasts as sales rise
General Motors Corp. reported first-quarter earnings of $2.80 a share, above Wall Street forecasts of $2.66 a share and its results a year earlier equal to $2.68 a share. Sales at the world's largest automaker rose to $46.9 billion from $42.4 billion. (Click here for full story)
GE tops the Street
General Electric's first-quarter earnings rose to $2.59 billion, or 78 cents a share, from $2.16 billion, or 65 cents a share, in the year-earlier quarter. Last month GE said it expected to "modestly exceed" average forecasts, prompting Wall Street analysts to lift their estimates to 77 cents a share, according to First Call. (Click here for full story)
Honeywell earnings up
Honeywell International Inc. reported first-quarter profits of $506 million, or 63 cents a share, up from the $440 million, or 55 cents a share, in the year-earlier quarter. Analysts polled by research firm First Call Corp. projected the aerospace company would earn 62 cents a share. (Click here for full story)
Unisys meets expectations
Computer services company Unisys Corp. announced that its first-quarter net income fell to $106.5 million, or 34 cents a share, from $109.9 million, or 31 cents a share, in the year-earlier quarter. The latest results matched the consensus among analysts surveyed by First Call. First-quarter revenues fell to $1.67 billion from $1.82 billion. (Click here for full story)
Two big banks report earnings
FleetBoston Financial's first-quarter earnings rose to $808 million, or 87 cents a diluted share, from $661 million, or 68 cents a share, in the year-earlier quarter. First Call's consensus estimate was 80 cents a share. First Union Corp. said its per-share results fell to 85 cents a share from 88 cents a share, matching Wall Street forecasts. (Click here for full story)
Ameritrade reports upside surprise
The No. 5 U.S. online brokerage, Ameritrade Holding Group Inc., reported a fiscal second-quarter profit of $3.2 million, or 2 cents a diluted share, versus a profit of $8.1 million, or 5 cents a share, in the year-ago quarter. Analysts polled by First call had forecast a loss of 4 cents a share. Net revenues rose to $170.3 million, excluding interest expense, from $63.7 million in the year-ago quarter. (Click here for full story)
Rockwell earnings rise
Rockwell International Corp. said profits for its second quarter ended March 31 rose to $164 million, or 85 cents a share, from $143 million, or 74 cents a share, in the year-earlier quarter. Analysts' had estimated 84 cents a share, according to First Call. (Click here for the full story)
Claire's Stores warns, stock drops
Teen-accessories retailer Claire's Stores warned late Wednesday that sluggish sales will lead it post earnings of 18 cents a diluted share for the latest quarter, far below analysts' estimates of 27 cents a share. Claire's stock tumbled in morning trading, losing 4-15/16 to 16-15/16. (Click here for full story)
Bausch & Lomb slips past estimates
Excluding a one-time item, eye-care company Bausch & Lomb's first-quarter profits rose to $23.9 million, or 42 cents a diluted share, from $15 million, or 26 cents a share, in the year-ago quarter. First Call's consensus estimate for the company was 41 cents a share. (Click here for the full story) 
--Compiled by Tatiana Helenius and Mark Gongloff from staff and wire reports
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