MSFT, CAT, HON, JNPR Earnings Impress

Earnings season is here in full force, and amongst many surprises such as Apple (AAPL) tumbling 11% on guidance, there have been reasons to be excited with companies like IBM (IBM) beating earnings with ease.

Today I am excited to share four positive reports from Microsoft (MSFT), Caterpillar (CAT), Honeywell (HON), and Juniper Networks (JNPR).

From a source:

Microsoft (MSFT) jumped 5% in pre-market trading. Late Thursday, the world’s top software maker delivered a 92% year-over-year increase in fiscal Q2 profit, the best quarterly gain in years. Microsoft lifted its full-year outlook to between $1.85 and $1.88 a share, or above analysts’ estimates of $1.81. And it upped its sales guidance to a range of $59.9 billion to $60.5 billion from $58.8 billion to $59.7 billion previously.

Caterpillar (CAT) climbed 3% in the pre-open. The construction equipment maker matched views with Q4 earnings of $1.50 a share, up 14% from a year ago. Revenue rose 10% to $12.14 billion, thanks to strong international sales. That beat views. The company sees profit growing 5% to 15% this year, with sales rising 5% to 10%.

Honeywell (HON) sweetened 5% in the pre-market. The diversified manufacturer delivered a 26% gain in fourth-quarter profit, meeting views. That was its best performance in five quarters. Revenue rose 12% to $9.28 billion, above views.

Elsewhere, Juniper Networks (JNPR) jumped 4% in pre-open trade. Late Thursday, the maker of network infrastructure products topped views with a 42% rise in Q4 earnings. Sales climbed 36%, also above views. It guided Q1 profit of 24 cents to 25 cents a share on revenue of $810 million to $820 million. Consensus estimates are for earnings of 24 cents and sales of $798 million.

MSFT was trading as high as $35 earlier this morning but now the stock has seemed to settle around $33.40, CAT is trading up just under 2% to a last of $66.30, HON is claiming intraday highs up close to 6% trading at a real time last of $59.49, and JNPR stock is trading up about 3% at a last of $27.03.

SOURCE:
Stocks Rally in Early Trade
Vincent Mao
Investors.com
http://www.investors.com/editorial/IBDArticles.asp?artsec=1&artnum=1&issue=20080125

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