Company News Briefs: Garmin, Foster Wheeler, Agrium Miss Targets

Garmin (GRMN) reported first quarter earnings of 25 cents a share, a 17 cent miss, as revenues declined 34.2% year-over-year to $437 million

Agrium (AGU) reported first-quarter earnings of 4 cents a share, a 20 cent miss, as revenues jumped 58.4% year-over year to $1.75 billion.  The Company said it expects second quarter earnings of $2.00 to $2.40 a share, versus consensus estimates of $2.77

Foster Wheeler (FWLT) reported first quarter earnings of 59 cent a share, a 9 cent miss, as revenues declined 29.6% year-over-year to $1.3 billion

Devon Energy (DVN) reported earnings of 48 cents a share, beating Street estimates by 20 cents, as revenues plunged 31.8% year-over-year to $2.0 billion

Genentech (DNA) received accelerated FDA approval of its Avastin drug for the treatment of brain cancer patients

Subscribe by RSS Subscribe by Email