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Latest earnings roundup
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October 19, 2000: 10:00 p.m. ET
R.J. Reynolds, Eli Lily, Bristrol-Myers Squibb, Nokia, Sears beat estimates
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NEW YORK (CNNfn) - R.J. Reynolds, E.piphany, Eli Lilly, Bristol-Myers Squibb, American Home Products, Sears and UPS all beat earnings estimates Thursday, while UAL Corp., the parent of United Airlines, posted a much bigger-than-expected loss. Ryder also saw profits slide in the third quarter. Mobile phone maker Nokia said profits beat recently reduced forecasts.
Click here to see how the Dow 30 have fared this quarter.
E.piphany beats the Street
After the close of trading, E.piphany (EPNY: Research, Estimates), which makes software that enables companies to monitor customer relationships, said its third-quarter loss was $7 million or 17 cents per share, excluding amortization of goodwill and stock-based compensation. The loss was far narrower than analysts had expected as its revenue soared to record levels. [click here for more]
Komag misses 3Q mark
Computer disk maker Komag Inc. on Thursday posted a third-quarter loss that was wider than Wall Street had expected and warned of softening demand in the fourth quarter. [click here for more]
USX-U.S. Steel Group beats the Street
USX-U.S. Steel Group, the largest U.S. steel maker, said Thursday its third-quarter operating profits tripled, topping analysts' expectations, as income from steel operations rose to $23 million from $3 million a year earlier. [click here for more]
Ryder profits dip in 3Q
Ryder System Inc., the No. 1 U.S. truck leasing company, said Thursday its third-quarter earnings fell 8.3 percent, partly related to salary and fuel increases.[click here for more]
R.J. Reynolds tops estimates
R.J. Reynolds Tobacco Holdings Inc., parent of No. 2 U.S. cigarette maker R.J. Reynolds Tobacco Co., reported a 6 percent rise in third-quarter profits Thursday, just topping analysts' estimates.[click here for more]
Drug companies post gains
Three of the largest U.S. drug makers, Eli Lilly and Co., Bristol-Myers Squibb Co. and American Home Products Corp., posted double-digit increases in third-quarter profits Thursday amid strong sales of their top medicines.[click here for more]
UPS delivers
United Parcel Service said Thursday its third-quarter earnings jumped nearly 22 percent, topping Wall Street forecasts by 2 cents a share, sending the stock of the world's biggest package delivery company soaring. [click here for more]
Sears tops 3Q forecasts
Sears Roebuck & Co., the nation's second-largest retailer, edged past earnings forecasts for the third quarter, lifted by credit card operations and share repurchases. [click here for more]
Barbie cheers Mattel
Mattel Inc. met analysts' expectations for its third quarter Thursday on the heels of strong sales of its two largest brands, Barbie and Fisher-Price. [click here for more]
BellSouth profits up
BellSouth Corp. Thursday reported earnings rose 4 percent in the third quarter, edging past Wall Street forecasts, as the regional phone company saw strong growth in some of its Internet, data and wireless businesses. [click here fore more]
Nokia dials up 3Q surprise
Nokia Oyj, the world's biggest mobile-phone maker, posted a 42 percent jump in pretax earnings, topping analysts' lowered estimates and driving its shares up as much as 28 percent after weeks of decline for stocks in the sector. [click here for more]
UAL posts loss
The parent of United Airlines posted a much larger-than-expected third-quarter loss as flight cancellations from a labor dispute hurt results. UAL Corp., owner of the world's largest airline, lost $64 million, or $1.29 a share excluding special items. [click here for more]
McDonald's profit edges higher
McDonald's Corp. reported third-quarter profit rose 1 percent, meeting expectations, as a weakened euro continued to hurt results. [click here for more]
E*Trade beats break-even expectations
Online discount broker E*Trade Group Inc. posted an unexpected profit for a rocky quarter in the markets. The company earned $7.2 million, or 2 cents a share, from ongoing operations in its fiscal fourth quarter. [click here for more]
Gen'l Dynamics tops mark
General Dynamics Corp., the nation's fourth-largest military contractor, reported third-quarter earnings of $1.02 a share excluding one-time items, topping forecasts of $1.01 a share. [click here for more]
Quaker Oats shows sweet profits
Quaker Oats Co.'s profits rose 16 percent, beating analysts' forecasts by 4 cents a share, on continued robust demand for its Gatorade sports drink. The Chicago food company reported earnings soared to $159 million, or $1.15 a diluted share, up from $137 million, or $1.01 a diluted share excluding unusual items, a year earlier.
eBay beats Street
Internet auctioneer eBay Inc. topped third-quarter estimates by three cents and said online revenue rose 108 percent. The San Jose, Calif.-based company posted net income, excluding charges, of $19.1 million or 7 cents a diluted share, compared to $3 million, or 1 cent a diluted share in the year ago period. [click here for more]
MP3.com beats Street
Online music service MP3.com Inc. on Thursday reported a narrower loss than expected by Wall Street analysts, after scoring strong increases in customers and usage. San Diego-based MP3.com, which has endured an lengthy battle with the recoding industry over copyright infringement, said its pro forma net loss, excluding special items, was $6.1 million, or 9 cents a share, compared with $17.8 million, or 30 cents a share, for the third quarter of 1999. [click here for more]
Gillette profit off, CEO out
Gillette Co., maker of men's and women's shaving supplies, replaced Chairman and CEO Michael Hawley Thursday, a sudden move that comes as the company reported a drop in third-quarter profits and sales. Executives for the Boston-based company, which also produces Paper Mate pens, Oral-B toothbrushes and Right Guard deodorant, said Hawley resigned at its request. [click here for more]
Archer passes target
Archer Daniels Midland Co., the largest U.S. grain processor, on Thursday said its fiscal first-quarter earnings more than doubled, boosted by a $95 million one-time gain. The agribusiness giant said it earned $109.4 million, or 17 cents a share, in the quarter ended Sept. 30, compared with $36.4 million, or 6 cents a share, in the same period a year ago. [click here for more]
Eli Lilly hits 3Q forecast
Eli Lilly and Co. said Thursday profits from operations rose 15 percent in the third quarter, matching Wall Street forecasts, and said it is on track to meet estimates for the fourth quarter as well. The Indianapolis-based drug maker said net income rose to $778.8 million, or 71 cents a diluted share, matching the estimates of analysts surveyed by earnings tracker First Call. [click here for more]
SDL soars past estimates
The optical networking components maker SDL Inc. reported third-quarter net income that blew past analyst estimates, as its revenue tripled from the same period last year. On a pro forma basis, San Jose, Calif.-based SDL reported third-quarter net income of $40.4 million, or 45 cents per share. [click here for more]
Corvis beats estimate
Optical networking equipment maker Corvis Corp. reported a pro forma third-quarter loss that was slightly smaller than analysts had expected, as the startup company began to generate revenue. Columbia, Md.-based Corvis recorded revenue of $22.9 million for the three months ended Sept. 30. [click here for more]
Exodus beats the Street
Exodus Communications Inc. Thursday reported a third-quarter operating profit that beat Wall Street's expectations on revenue that more than doubled from the same period last year. Excluding the impact of amortization of goodwill and intangible assets, Exodus said it earned $60.6 million, or 14 cents per share. That's 4 cents better than the 18 cents per share profit analysts polled by earnings tracker First Call had expected Exodus to post. [click here for more]
Emulex soars above Street
Data network equipment maker Emulex Corp. on Thursday reported first-quarter earnings that easily surpassed Wall Street expectations. The company said its net income was $12.85 million, or 33 cents per diluted share, compared with $6.8 million or 18 cents per diluted share in last year's first quarter. [click here for more]
Atmel beats Street sees strength ahead
Communications chipmaker Atmel Corp. said Thursday that third-quarter net income more than quadrupled as sales rose 56 percent. Earnings rose to $76.5 million, or 17 cents a share, from $17.3 million, or 4 cents, a year ago. Sales jumped to $530.4 million from $340.2 million. The results were a penny ahead of the analysts' consensus estimate of 16 cents a share, according to First Call. 
--Compiled from staff and wire reports
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