NEW YORK (CNN/Money) - Internet media company Yahoo! Inc. reported a third-quarter profit that topped Wall Street forecasts Wednesday and raised its revenue target for 2002. At the same time, Yahoo! raised the bar for 2002, saying it expects revenue between $930 and $955 million.

COMPANIES IN THIS ROUNDUP: Yahoo!; Genentech; Yum Brands; Rambus; Abbott Labs; M&T Bank; Nautica; SunTrust Banks; Winn-Dixie Stores

NEW YORK (CNN/Money) -- Internet media company Yahoo! Inc. reported a third-quarter profit that topped Wall Street forecasts Wednesday and raised its revenue target for 2002.

After the closing bell, Yahoo! (YHOO: Research, Estimates) said it earned $28.9 million, or 5 cents a share, compared with a net loss of $24.1 million or 4 cents a share a year earlier. At $248.8, Yahoo!'s third-quarter revenue rose 50 percent from $166.4 million and topped most analysts' expectations.

By First Call's count, analysts generally had been expecting Yahoo! to post a third-quarter profit of 4 cents a share on roughly $238.4 million in revenue.

At the same time, Yahoo! raised the bar for 2002, saying it expects revenue between $930 and $955 million.

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SOUTH SAN FRANCISCO, Calif., (Reuters) -- Genentech Inc. on Wednesday said its third-quarter net profit more than doubled, driven by growing demand for the biotech firm's cancer drugs Rituxan and Herceptin.

Genentech (DNA: Research, Estimates), the world's second-biggest biotechnology company after Amgen Inc., said its net profit was $89.3 million, or 17 cents a share, compared with $42.7 million, or 8

cents a share, a year earlier.

Revenue rose 21 percent to $675.2 million from $556.1 million in the third quarter of 2002.

Excluding the write-down of goodwill related to the acquisition of Genentech shares by Roche Holding Ltd. in 1999, the company's third-quarter profit was $120.2 million, or 23 cents a share, compared with $105.4 million, or 20 cents a share, a year earlier.

On that basis, Wall Street analysts had, on average, expected the company to earn 23 cents a share, according to market research firm Thomson First Call.

LOUISVILLE, Ky., (Reuters) -- Yum Brands Inc., the parent company of fast-food chains KFC, Pizza Hut and Taco Bell, on Wednesday said its third-quarter net income rose nearly 19 percent from last year, buoyed by robust sales at Taco Bell and its international business.

Yum (YUM: Research, Estimates), the world's No. 1 restaurant company with over 32,500 outlets worldwide, reported net income of $147 million, or 47 cents a diluted share, compared with $124 million, or 40 cents

a share, in the year-earlier period. Stripping out items, Yum reported ongoing operating earnings of $153 million, or 49 cents a diluted share.

The results missed Wall Street's consensus forecast of 48 cents, the average of 14 analysts polled by Thomson First Call. Yum on Aug. 15 had forecast quarterly earnings of 48 cents, leading Wall Street analysts to adjust their forecasts.

Yum Brands shares ended on Wednesday at $29.75 in New York Stock Exchange composite trade, but dropped to $26.89 after-hours on Instinet trade.

LOS ALTOS, Calif. (Reuters) -- Rambus Inc., a developer of technology that speeds the performance of computer-memory chips, Wednesday said fiscal fourth-quarter earnings fell slightly from a year ago as revenue declined.

Los Altos, California-based Rambus said net income for the fiscal fourth quarter ended Sept. 30 fell to $5.9 million, or 6 cents a share, from $6.5 million, or 6 cents, a year ago. Revenue declined to $24.5 million from $27.9 million.

The two analysts surveyed by Thomson First Call each expected Rambus to earn 5 cents a share in the fourth quarter. Analysts have forecasted Rambus to earn 6 cents a share in the

first quarter.

Shares of Rambus rose in after-hours trade to $4.15 after closing at $4.00, off 2.4 percent on the Nasdaq. The stock has fallen by 50 percent this year.

For the full year, Rambus' net income fell to $24.7 million, or 24 cents a share, from $31.3 million, or 29 cents, in fiscal 2001. Revenue declined to $96.6 million from $117.2 million.

JACKSONVILLE, Fla. (Reuters) -- Winn-Dixie, which operates grocery stores mostly in the southeastern states and the Bahamas, said net income in its first quarter ended Sept. 18 rose to $34.8 million, or 25 cents a share, from $22.4 million, or 16 cents a share, a year earlier.

Analysts polled by research firm Thomson First Call had forecast Winn-Dixie (WIN: down $0.31 to $12.67, Research, Estimates) to post 23 cents-to-25 cents a share, with an average estimate at 23 cents.

NEW YORK (Reuters) --The clothing maker earned $10.4 million, or 30 cents per share, in the second quarter, compared with $8.9 million, or 26 cents per share, a year earlier.

Analysts had been expecting the company to earn between 28 cents and 30 cents per share, with a mean expectation of 29 cents per share, according to First Call. Nautica (NAUT: down $0.18 to $9.01, Research, Estimates) said sales fell to $182.2 million from $199.3 million a year ago.

For the full fiscal year, the company said it expects to report earnings per share of 90 cents or 91 cents, excluding one-time items, which is at the low end of its previously announced guidance for the year.

BUFFALO, N.Y. (Reuters) -- M&T, which is typically one of the first to respond to U.S. Federal Reserve Board interest rate decisions, said its third-quarter earnings were $117.2 million, or $1.27 per share, compared with $97.9 million, or 98 cents per share, a year earlier.

Wall Street analysts on average were looking for earnings of $1.27 per share, with their estimates ranging from $1.27 to $1.29, according to research firm First Call.

Last month, M&T (MTB: down $5.40 to $68.00, Research, Estimates) agreed to buy Allfirst Financial Inc., the U.S. unit of Allied Irish Banks, in a $3.1 billion deal

ABBOTT PARK, Ill. (Reuters) -- Health care products maker Abbott Laboratories Inc. (ABT: up $0.83 to $40.30, Research, Estimates) said Wednesday its third-quarter profit rose, boosted by strong sales of vascular drugs.

Abbott said its net earnings rose to $720 million, or 46 cents per share, from $631.4 million, or 40 cents per share, a year earlier. Excluding a one-time charge, third-quarter earnings totaled $752 million, or 48 cents per share, compared with $686 million, or 44 cents per share.

The company also said it was streamlining its manufacturing operations and cutting 2,000 jobs.

ATLANTA (Reuters) -- Southeast regional bank SunTrust Banks Inc. (STI: down $2.65 to $51.79, Research, Estimates) posted a higher quarterly net profit Wednesday, helped by growth in fee income.

The bank, the ninth-biggest in the country, earned $343 million, or $1.20 a share, in the third quarter, up from $334.1 million, or $1.15 a share, a year earlier.

Wall Street expected SunTrust to earn between $1.19 and $1.23 a share in the quarter, with a mean estimate of $1.21 a share, according to market data firm First Call.