Consumer Good Stocks Ended Higher (EK, PG, CSTR)

Eastman Kodak Company (NYSE:EK) added 2.67% to $4.70. This week, the company reported that its third-quarter net income climbed to $155. The company late Thursday posted third-quarter net income of $170 million, or $2.33 a share, up from $101 million, or $1.38 a share, in the year-earlier period. Analysts surveyed by FactSet Research had expected Eastman Chemical to earn $2.24 a share. For the fourth quarter, the company said it will earn between $1.40 and $1.50 a share. Analysts are looking for $1.41 a share. Over the past 52-week, the stock had traded within the range of $3.26-$9.08. At Friday`s closing market price, the market capitalization of the company stood at $1.26 billion. The Procter & Gamble Company (NYSE:PG) surged 0.60% to $63.57. The company said Wednesday its first-quarter earnings fell 7% to $3.08 billion, or $1.02 a share, from $3.3 billion, or $1.06 a share, in the year-ago period. Wall Street analysts expected the consumer products giant to earn $1 a share on revenue of $20.27 billion, according to a survey of analysts by FactSet Research. For its second quarter, Procter & Gamble expects earnings of $1.05 a share to $1.11 a share, with net sales growth of 3% to 5%. Wall Street analysts expect earnings of $1.11 a share. Over the past 52-week, the stock had traded within the range of $39.37-$64.58 and is up more than 3% year-to-date. Coinstar, Inc. (NASDAQ:CSTR) skyrocketed 24.47% to $57.58. The company said that it earned $19.5 million, or 60 cents a share in its third-quarter on revenue $380.2 million, way ahead of analysts' estimates of a profit of 50 cents on revenue of $381.2 million. The company also lilted its full year forecast to $2.14 and $2.20 a share on revenue of $1.460 billion and $1.485 billion, ahead of analyst forecast of $1.91 on revenue of $1.472 billion. Over the past one month of trading sessions, the stock went up more than 33%.
tdp2664
Newsworthy Stocks