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DAILY EARNINGS

Halliburton Net Swings to Profit, Kimberly Clark Net Up


Author: Mukesh Buch
ticker.com
Last Update: 8:36 AM ET April 21 2014

10:45 AM New York Halliburton first-quarter net swung to a profit $622 million. Hasbro first-quarter net swung to a profit $32 million. Kimberly Clark first-quarter net rose 1% to $538 million. Lennox Intl first-quarter net surged 149% to $20 million. SunTrust Banks first-quarter net climbed 15% to $405 million.

Earnings Review

Halliburton Company (HAL), the oilfield services provider reported revenue in the first-quarter ending in March jumped 5.4% to $7.35 billion.

Net in the quarter swung to a profit $622 million or 73 cents a diluted share compared to a loss of $18 million or 2 cents.

Hasbro, Inc (HAS), the entertainment services provider said net revenue in the first-quarter ending in March rose 2% to $679.5 million.

Net in the quarter swung to a profit $32.09 million or 24 cents a diluted share compared to a loss of $6.67 million or 5 cents.

Kimberly Clark Corp (KMB), the sanitary products maker reported net sales in the first-quarter ending in March fell 1% to $5.28 billion.

Net income in the quarter rose 1.3% to $538 million or $1.41 a diluted share compared to $531 million or $1.36.

Lennox International Inc (LII), the climate control solution provider stated revenue in the first-quarter ending in March increased 4% to $695.4 million.

Net income in the quarter surged 148.7% to $19.9 million or 40 cents a diluted share compared to $8 million or 16 cents.

SunTrust Banks, Inc (STI), the financial service provider stated total revenue in the first-quarter ending in March dropped 4% to $2.03 billion.

Net income in the quarter climbed 15% to $405 million or 73 cents a diluted share compared to $352 million or 63 cents.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc