Earnings

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...

State Street Corp (NYSE: STT) reported a 9% drop in its first-quarter net income. State Street's quarterly net income declined to $427 million, or $0.85 per share, from $471 million, or $0.93 per share, in the year-earlier period. However, analysts were expecting earnings of $0.86 per share....

Omnicom Group Inc (NYSE: OMC) reported a better-than-expected Q1 profit. Omnicom's quarterly net income surged to $204.6 million, or $0.72 per share, versus $201.9 million, or $0.69 per share, in the year-earlier period. Its revenue climbed 5% to $3.31 billion. Analysts were expecting a profit of...

U.S. Bancorp (NYSE: USB) posted a better-than-expected first-quarter profit. U.S. Bancorp's quarterly net income rose to $1.3 billion, or $0.67 per share, versus $1.05 billion, or $0.52 per share, in the year-ago period. However, analysts were expecting earnings of $0.64 per share. U.S. Bancorp's...

Comerica Inc (NYSE: CMA) reported a rise in its first-quarter profit. Comerica's quarterly profit surged to $129 million, or $0.66 per share, from $103 million, or $0.57 per share, in the year-ago period. However, analysts were expecting earnings of $0.55 per share. Comerica shares closed at $30...

Saudi Basic Industries Corp (SABIC) reported a drop in its first-quarter earnings. SABIC's quarterly net profit dropped 5% to 7.27 billion riyals ($1.94 billion). However, analysts were expecting a profit of 6.74 billion riyals.

Charles Schwab Corp (NYSE: SCHW) reported a drop in its first-quarter earnings. Charles Schwab's quarterly earnings declined to $195 million, or $0.15 per share, from $243 million, or $0.20 per share, in the year-earlier period. Its revenue fell to $1.19 billion, from $1.21 billion. Analysts...

Gannett Co (NYSE: GCI) reported a drop in first-quarter earnings. Gannett's quarterly revenue declined 2.6% to $1.22 billion, versus analysts' estimates of $1.24 billion. Its publishing advertising revenue dropped 8.4% to $551.4 million. Gannett's Q1 earnings per share came in at $0.28, versus $0...

Citigroup Inc (NYSE: C) reported a decline in its first-quarter earnings. Citigroup's quarterly earnings fell to $2.93 billion, or $0.95 per share, from $2.99 billion in the year-ago period. Excluding special items, Citigroup earned $1.11 per share. Excluding items, the company's revenue rose 1% y...

M&T Bank Corp (NYSE: MTB) reported better-than-expected first-quarter earnings. M&T Bank's quarterly net income came in at $206.5 million, or $1.50 per share, versus $206.3 million, or $1.59 per share, in the year-earlier period. Its net interest income climbed 9% at $620.4 million....

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....

Russian Novorossiisk reported a 49.5% decline in its net profit last year to $130.5 million. Interest payments on debt came in at $144.6 million in 2011, while the currency exchange loss came in at $168 million. Novorossiisk's debt stood at $2.38 billion. Novorossiisk expects its 2011 revenue to...

APR Energy Plc (OTC: APRYY) reported a better-than-expected full-year profit. APR Energy's pro-forma pretax profit for the period jumped 91% to $57 million. Its sales climbed 69% to $212.8 million. Analysts were expecting a profit of $50.7 million on sales of $207.2 million.

J.P. Morgan Chase & Co (NYSE: JPM) reported a drop in its first-quarter profit. J.P. Morgan's quarterly profit declined to $5.38 billion, or $1.31 per share, versus $5.56 billion, or $1.28 per share, in the year-earlier period. Its quarter-end share count fell 4% y/y as it bought back stock....

iGate Corp (NASDAQ: IGTE) reported a better-than-expected first-quarter profit. iGate's quarterly net income attributable to common shareholders climbed to around $17 million, or $0.22 per share, versus $15.2 million, or $0.22 per share, in the year-ago period. Excluding one-time items, iGate...