Earnings

Eaton Corp (NYSE: ETN) reported an 8% surge in first-quarter profit and lifted its full-year view. Eaton's quarterly net earnings climbed to $311 million, or $0.91 per share, from $287 million, or $0.83 per share, in the year-earlier period. Excluding acquisition charges, the company earned $0.92...

Xerox Corp (NYSE: XRX) reported a 4.3% drop in its first-quarter net income. Xerox's quarterly earnings fell to $269 million, from $281 million in the year-ago quarter. Its earnings per share came in at $0.19 per share. Its adjusted earnings were $0.23 per share. Xerox's revenue rose to $5.5...

Hasbro Inc (NASDAQ: HAS) swung to a first-quarter loss. Hasbro posted a quarterly loss of $2.6 million, or $0.02 per share, from a year-ago profit of $17.2 million, or $0.12 per share. Excluding severance costs, Hasbro earned $0.04 per share. Its sales dropped to $648.9 million from $672 million...

Check Point Software Technologies Ltd (NASDAQ: CHKP) reported an 18% rise in its first-quarter net income. Check Point's quarterly earnings climbed to $143.6 million, or $0.68 per share, versus $122.1 million, or $0.57 per share, in the year-ago quarter. Its adjusted earnings came in at $0.74 per...

Banco Bradesco SA (NYSE: BBD) reported a rise in its first-quarter net income. Banco Bradesco's quarterly net income climbed to 2.793 reais ($1.49 billion), from 2.702 billion reais, in the year-ago period. Its profit excluding one-time items climbed 3.9% to 2.845 billion reais in the quarter....

BinckBank reported in-line first-quarter results. BinckBank's first-quarter adjusted earnings per share came in at 0.21 euros per share, versus two estimates of 0.19 and 0.21 euros per share.

India's IDBI Bank Ltd reported a 49.4% surge in its fourth-quarter net profit. IDBI Bank's quarterly net profit rose to INR7.71 billion (about $151.1 million), versus INR5.16 billion, in the year-ago period. Its net interest income climbed 9.40% y/y to INR12.11 billion. IDBI Bank's tax expenses...

A.O. Smith Corp (NYSE: AOS) posted a rise in its first-quarter profit and lifted its 2012 earnings target. A.O. Smith now projects earnings between $2.75 and $2.90 per share from continuing operations, versus its previous forecast of $2.65 to $2.85 per share. A.O. Smith's quarterly net earnings...

Kimberly-Clark Corp (NYSE: KMB) posted a rise in its first-quarter profit. Kimberly-Clark's quarterly profit surged to $468 million, or $1.18 per share, versus $350 million, or $0.86 per share, in the year-ago period. Its adjusted earnings per share climbed to $1.24 from $1.09. Kimberly-Clark's...

American Electric Power Co Inc (NYSE: AEP) reported a rise in its first-quarter earnings. AEP's quarterly net earnings surged to $389 million, or $0.80 per share, versus $353 million, or $0.73 per share, in the year-ago quarter. Its revenue fell 2% to $3.6 billion. AEP shares closed at $37.89...

General Electric Co (NYSE: GE) reported an 11.6% drop in its first-quarter profit. GE's quarterly net income fell to $3.03 billion, or $0.29 per share, from $3.43 billion, or $0.31 per share, in the year-ago period. Excluding one-time items, GE earned $0.34 per share, versus analysts' estimates of...

Idexx Laboratories Inc (NASDAQ: IDXX) reported a better-than-expected first-quarter profit and lifted its target for the full year. Idexx Laboratories' quarterly earnings surged to $40.7 million, or $0.72 per share, versus $36.6 million, or $0.62 per share, in the year-ago period. Its revenue...

China Mobile Limited (NYSE: CHL) reported a 3.5% rise in its first-quarter profit. China Mobile's quarterly net profit climbed to 27.8 billion yuan ($4.4 billion), from 26.9 billion yuan, in the year-ago period. Analysts were expecting a net profit of 28.2 billion yuan ($4.5 billion). China...

Orbital Sciences Corp (NYSE: ORB) reported a rise in its first-quarter profit, and affirmed its full-year forecast. Orbital Sciences's quarterly net income climbed to $13 million, or $0.22 per share, up from $12.3 million, or $0.21 per share, in the year-ago period. Orbital Sciences shares closed...

Schlumberger Limited (NYSE: SLB) reported a rise in its first-quarter profit. Schlumberger's quarterly profit surged to $1.3 billion, or $0.97 per share, from $944 million, or $0.69 per share, in the year-ago period. Its sales fell to $10.61 billion from $10.97 billion. Analysts were expecting...