BP plc (ADR) (NYSE:BP) profits plunged in the first quarter compared with one year earlier when the group sold its stake in a Russian joint venture, the British energy giant said on Tuesday. Net profit stood at $3.528-billion in the first three months of 2014 compared with profit after tax of $16.863-billion in the first quarter one year earlier, BP said in an earnings statement. BP plc (ADR) (NYSE:BP) shares after opening at $49.27 moved to $49.35 on last trade day and at the end of the day closed at $49.04. Company price to sales ratio in past twelve months was calculated as 0.40 and price to cash ratio as 6.56. BP plc (ADR) (NYSE:BP) showed a positive weekly performance of 0.02%.
In recent months, analysts have gotten a lot more optimistic about Valero Corporation (NYSE:VLO) earnings, boosting first-quarter estimates by more than 20% and raising their projections for the full 2014 and 2015 years as well. The stock has responded favourably, climbing 12% since late January. Valero Energy Corporation (NYSE:VLO) shares advanced 2.29% in last trading session and ended the day on $57.97. VLO return on equity ratio is recorded as 14.70% and its return on assets is 5.90%. Valero Energy Corporation (NYSE:VLO) yearly performance is 59.08%.
Nokia Corporation (ADR) (NYSE:NOK) earnings release on Tuesday Nokia said revenue fell 15% to €2.66 billion ($3.68 billion) on the year in the three months ending March 31. The sales decline was largely a result of a 17% sales drop for Nokia’s mobile network operations, which accounts for almost 90% of the company’s revenue. Nokia Corporation (ADR) (NYSE:NOK) shares moved down -3.30% in last trading session and was closed at $7.03, while trading in range of $7.00 – $7.22. Nokia Corporation (ADR) (NYSE:NOK) year to date (YTD) performance is -13.32%.
Merck & Co. Inc. (NYSE:MRK) is scheduled to report first quarter 2014 results before the opening bell on Apr 29. Last quarter. The Earnings ESP for Merck is -1.27% since the Most Accurate estimate is $0.78 while the Zacks Consensus Estimate is $0.79. Merck & Co., Inc. (NYSE:MRK) weekly performance is -1.00%. On last trading day company shares ended up $56.68. Merck & Co., Inc. (NYSE:MRK) distance from 50-day simple moving average (SMA50) is 1.13%. Analysts mean target price for the company is $57.78.
Sprint Corporation (NYSE:S) reports its first-quarter earnings on Tuesday, April 29, 2014, and the consensus earnings per share estimate is six cents per share. The consensus estimate hasn’t changed over the past month, but it’s up from three months ago when it was a loss of 12 cents. For the fiscal year, analysts are expecting a loss of 33 cents per share. Analysts look for revenue to decrease 1% year-over-year to $8.69 billion for the quarter, after being $8.79 billion a year ago. For the year, revenue is expected to come in at $35.03 billion. Sprint Corporation (NYSE:S) shares after opening at $7.85 moved to $7.95 on last trade day and at the end of the day closed at $7.43. Company price to sales ratio in past twelve months was calculated as 1.73 and price to cash ratio as 3.92. Sprint Corporation (NYSE:S) showed a negative weekly performance of -13.10%.