CalypsoArt As corporate America comes closer to the conclusion of first-quarter earnings, here is a weekly recap of the top companies that caught investor's attention. Of the 10 S&P 500 names that reported results, all of them had EPS above analyst expectations, while only four managed to deliver revenues that were ahead of what Wall Street expected; the remaining six missed revenue estimates. Starting with the technology sector , this week, Salesforce ( CRM ) posted a topline miss but a bottom-line beat.
Shares of the enterprise software giant had one of the worst reactions to a corporate earnings report this quarter, as CRM saw its stock drop 19.4% on softer-than-expected guidance. Meanwhile, HP ( HPQ ) posted second-quarter per-share earnings and revenue that soared past estimates.
Shares surged as investors rejoiced on indications that the refresh cycle for personal computers has arrived. Moving to consumer staples , Costco Wholesale ( COST ) posted per-share earnings that were $0.10 ahead of estimates, while revenue was about half a billion dollars more than expectations.
The big box retailer did not announce a membership fee with its earnings release. Dollar General ( DG ) had a similar show, with both top-line and bottom-line beat . The company saw its operating profit decrease 26.
3% to $546.1 million compared to $740.9 million a year ago.
Among healthcare companies , Agilent Technologies ( A ) beat EPS estimates but missed expectations on revenue. The company's stock .
