1st Quarter Earnings Emerge

19 Apr
profit up

1st Quarter earnings results are (mostly) out.
Image: Shutterstock

The first quarter of 2013 has already come to an end, believe it or not. For the last month and for the coming weeks, business junkies and investors alike will see a surge of earnings reports and listen in on many conference calls as well. So who is slated to release earnings soon, and who has already announced profits?

GE is scheduled to show its figures on Friday, April 19th, with a webcast hosted by CEO and Chairman Jeff Inmelt, Vice Chairman and CFO Keith Sherin, and VP Investor Communications Trevor Schauenberg. The webcast will begin at 8:00 AM EDT.

Moody’s Corporation will share its first quarter results on Friday, May 3rd via teleconference. Ray McDaniel, President and CEO of Moody’s Corporation, and Linda Huber, Executive Vice President and CFO will host the teleconference, set to begin at 11:30 AM Eastern Time.

BlackRock Inc., the world’s largest asset manager, reported that its first quarter earnings were up about 10%. Assets are at their highest ever for the company, revenue is up, and the company heads into the second quarter looking strong.

Mattel, the massive toy corporation, reported a quadrupled net income due to increased sales of Disney Princess, American Girl and Monster High dolls. Unsurprisingly, the company saw a surge in share value, which rose more than four percent to its highest in fifteen years.

Volume leaders of NASDAQ include Intel, Sirius, PowerShares QQQ Trust, Microsoft, Yahoo, Micron, Apple, Cisco, Research in Motion, and Facebook.


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