Companies Beat Wall Street Expectations
Investors have been prepared for a lot of sour news but some companies have done better than forecasts. So far, they include Coca-Cola which reported higher income than expected thanks to sales overseas. Mattel also came out with stronger earnings, and Goldman Sachs released earnings well above expectations.
Copyright © 2012 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.
(SOUNDBITE OF MUSIC)
STEVE INSKEEP, HOST:
Some surprise earnings are at the top of NPR's business news.
RENEE MONTAGNE, HOST:
Corporate earnings season got under way last week. Investors have been prepared for a lot of bad news but several companies have beaten forecasts. So far, those companies include Coca-Cola, which reported higher income than expected thanks to sales overseas. Mattel has apparently been selling more Barbie dolls or something. It also came out with stronger earnings. Goldman Sachs has not sold any Barbie dolls, but released earnings well above expectations.
Copyright © 2012 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.
NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.
Comments
You must be signed in to leave a comment. Sign In / Register
Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.
