Top NYSE Pre-Market Losers (CPN, EL, DTE)

Calpine Corporation (NYSE:CPN) fell 0.98% to $12.12 in pre market hours. The company said Friday its third-quarter earnings fell 9% to $217 million, or 45 cents a share, from $238 million, or 49 cents a share, in the year-ago period. Revenue rose to $2.13 billion, from $1.82 billion. Wall Street analysts expected Calpine to earn 43 cents a share, on revenue of just under $2 billion, according to a survey by FactSet Research. The 52-week range of the stock is $10.36-$14.27. The Estee Lauder Companies Inc. (NYSE:EL) slid 0.08% to $64.36 in pre market trading hours. The company said Friday that its fiscal first-quarter profit jumped 36% to $191.1 million, or 95 cents a share, from $140.7 million, or 71 cents, a year earlier. The company also forecast profit excluding items of $1.32 to $1.45 a share in the second quarter and $2.90 and $3.10 a share for the year. Analysts estimated profit of 77 cents a share in the first quarter, $1.37 in the second quarter and $3.07 for the year, according to FactSet. DTE Energy Company (NYSE:DTE) fell 0.22% to $47.14 during the pre market. The company said Friday its net income rose to $163 million, or 96 cents a share, from $151 million, or 92 cents a share, in the year-ago period. Revenue increased to $2.14 billion, from $1.95 billion. Wall Street analysts expected the utility firm to earn 95 cents a share, on revenue of $2.1 billion, according to a survey by FactSet Research. The company narrowed its 2010 operating earnings target to a range of $3.50 a share to $3.70 a share, compared to its earlier view of $3.45 a share to $3.80 a share.
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