Earnings roundup: Toll Brothers, Hhgregg

Recs

0

Among the earnings stories for Tuesday, June 3, from AP Financial News:

Top stories:

HORSHAM, Pa. (AP) _ Toll Brothers says hefty write-downs on the value of land joint ventures drove the luxury homebuilder to a second-quarter loss, but results topped Wall Street expectations.

Other stories:

INDIANAPOLIS (AP) _ Consumer-electronics retailer Hhgregg Inc. on Tuesday said fiscal fourth-quarter profit rose 24 percent helped by sales of flat screen TVs, notebook computers and other electronics.

DUBLIN, Ireland (AP) _ Budget airline leader Ryanair Holdings PLC reported a 10.3 percent drop in net profits Tuesday, citing the record cost of fuel and its attempt to takeover Irish rival Aer Lingus.

MISSION WOODS, Kan. (AP) _ Layne Christensen Co., which offers drilling and construction services, said Tuesday its fiscal 2009 first-quarter profit rose 30 percent as higher revenue from each primary segment combined to set a record.

NEW YORK (AP) _ ABM Industries Inc., a facilities-service provider, on Tuesday reported fiscal second-quarter profit fell 34 percent, hurt by higher costs and a goodwill impairment charge.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 656965, ~/Articles/ArticleHandler.aspx, 11/9/2009 9:34:54 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Which Companies Can Buy It Like Buffett?

Related Tickers

11/6/2009 4:01 PM
ABM $18.91 Down +0.00 +0.00%
ABM Industries, In… CAPS Rating: **
LAYN $27.96 Up +0.07 +0.25%
Layne Christensen… CAPS Rating: ****
RYAAY $27.00 Up +0.51 +1.93%
Ryanair Holdings p… CAPS Rating: **

Community: Investing Wiki

Term Of The Hour

Net income: Net income is a company's earnings or profit as reported on the income statement. Revenue minus all expenses gives you net income. The famous "bottom line."

Want to learn more or edit this definition?
Click here to read more!