General Motors Financial reported Tuesday its earnings nearly doubled in the third quarter compared to last year, aided by a drop in expenses.
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After reporting a $4.3 billion loss during the last half of 2009, General Motors saw two positive quarters during the first half of the the year and is expected to stay on course when it reports its latest earnings Wednesday.
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Beazer Homes USA (BZH) reported a loss of 81 cents per share for the quarter ended Sept. 30, compared with earnings of 84 cents per share a year earlier.
Revenue for the quarter fell to $274.8 million, from $365.6 million a year earlier, the company said in a statement. Beazer took a $26.5 million non-cash pre-tax charge related to inventory impairments.
For the full fiscal year,…
Continue reading Beazer Reports Quarterly Loss of 81 Cents Per Share
Beazer Reports Quarterly Loss of 81 Cents Per Share originally appeared on DailyFinance on Fri, 05 Nov 2010 08:21:00.
Filed Under: Company News, Economy, Real Estate
Starbucks drew more customers to its stores and got them to spend more money, boosting its fiscal fourth-quarter profit 86% from the same quarter a year ago. Same-store sales grew 8% in that time.
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When Toyota Motor reports quarterly earnings tomorrow it will give investors the latest snapshot of how big a toll massive recalls and tepid auto sales are taking on the company’s bottom line.
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