To: DO$Kapital who wrote (36894 ) 4/28/1999 10:33:00 AM From: Jenna Respond to of 120523
EWBX looks good confirmed earnings out 29 after close. JNY trounced estimates by 8 cents..AHAA up another 2 3/8. YUM beats estimates stock was down but is 1 point above its low.. it needs an upgrade so does JNY. GTRC beat estimates last night and is up with only 3/4 point gap Jones Apparel Group, Inc. Reports Record Revenues & Earnings For the First Quarter 1999 NEW YORK, April 28 /PRNewswire/ -- Jones Apparel Group, Inc. (NYSE: JNY - news) today announced record revenues and earnings for the first quarter ended April 4, 1999. Total revenues for the first quarter ended April 4, 1999 increased by 51% to $579,095,000, as compared to $383,774,000 reported for the first quarter ended March 29, 1998. The first quarter of 1999 included an additional week compared to 1998, which added an estimated $40,000,000 to total revenues for the quarter, as compared to the prior year. Net income for the first quarter increased by 41% to $54,399,000, an increase of $15,789,000 over the $38,610,000 reported for the first quarter of 1998. Earnings per share of $.51 increased by 38% over earnings per share of $.37 reported for the first quarter of 1998. Tricon Beats Estimates, Stock Falls Early LOUISVILLE, Ky. (Reuters) - Tricon Global Restaurants Inc. (NYSE:YUM - news), parent of the Taco Bell, Pizza Hut and KFC chains, once again beat expectations with a 96 percent increase in first-quarter net income on the overwhelming success of the Big New Yorker Pizza and other new products. But Wall Street was not impressed, driving Tricon's stock down $1.50 to $67.63 in early trading on the New York Stock Exchange. Tricon Wednesday reported net income of $106 million, or 66 cents per share, including gains, compared with $54 million or 35 cents per share a year ago. Analysts expected the company to earn 53 cents a share, according to First Call Corp., which tracks estimates. On an operating basis, Tricon reported earnings per share of 54 cents for the first quarter, compared with a First Call estimate of 43 cents. ''We're off to a great start and I believe that we're well positioned to have another powerful year,'' Andrall Pearson, Tricon's chairman and chief executive, said in a statement. Total revenues including