Earnings Roundup: APC, EMR, FST and SHLD News

HFA Padded
HFA Staff
Published on
Updated on

Here’s our round up of the most important earnings reports: Andarko Petroleum Corporation (NYSE:APC) reported a rise in its earnings per share in the first quarter owing to a hike in the price of crude oil. The company earned $4.28 per share in the first quarter compared with 2011’s earnings of 43 cents per share. Total net income rose to $1.26 billion from last year’s $216 million. Revenues at the company is also up from the same period in 2011 standing now at $3.45 billion. The firm had a one time only benefit this quarter in the form of a tax…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.