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Last updated on April 24, 2014 at 10:53 EDT

Latest Generally Accepted Accounting Principles Stories

2014-04-23 08:22:14

WILMERDING, Pa., April 23, 2014 /PRNewswire/ -- Wabtec Corporation (NYSE: WAB) today reported record results for the 2014 first quarter, including the following: -- First quarter sales were a record $695 million, 13 percent higher than the year-ago quarter, due mainly to growth in the Freight Group. -- Income from operations was a record $122 million, or 17.5 percent of sales, compared to 16.8 percent in the year-ago quarter. -- Earnings per diluted share...

2014-04-23 08:21:59

ATLANTA, April 23, 2014 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial results for the March 2014 quarter. Key points include: -- Delta's pre-tax income for the March 2014 quarter was $444 million, excluding special items(1), an increase of $363 million over the March 2013 quarter on a similar basis. -- Delta's net income for the March 2014 quarter was $281 million, or $0.33 per diluted share, excluding special items(1). This is $196...

2014-04-23 08:21:47

Core EPS (non-GAAP)* of $1.76 on continued strong operating performance; GAAP EPS of $1.28 CHICAGO, April 23, 2014 /PRNewswire/ -- Table 1. Summary Financial Results First Quarter ------------- (Dollars in Millions, except per share data) 2014 2013 Change Revenues 8%...

2014-04-23 08:21:21

- Diluted EPS of $1.71 increases 5.6 percent over first-quarter 2013 FALLS CHURCH, Va., April 23, 2014 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported first-quarter 2014 net earnings of $595 million, or $1.71 per share on a diluted basis, compared to 2013 first-quarter net earnings of $571 million, or $1.62 per diluted share. First-quarter 2014 revenues were $7.3 billion. Margins Company-wide operating margins for the first quarter of 2014 were 11.9 percent, a 50 basis points...

2014-04-23 08:21:14

- EPS Increase to $2.63 FALLS CHURCH, Va., April 23, 2014 /PRNewswire/ -- Northrop Grumman Corporation (NYSE: NOC) reported first quarter 2014 net earnings increased 18 percent to $579 million, or $2.63 per diluted share, compared to $489 million, or $2.03 per diluted share, in the first quarter of 2013. First quarter 2014 earnings include a $51 million, $0.23 per share, tax benefit resulting from the partial resolution of the Internal Revenue Service examination of the company's 2007-2009...

2014-04-23 08:21:09

Record first quarter EPS from continuing operations of $1.03 per diluted share, up 34% over prior period quarter DULUTH, Ga., April 23, 2014 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported income from continuing operations for the first quarter 2014 of $31.5 million, or $1.03 per diluted share, versus income from continuing operations in the first quarter 2013 of $23.9 million, or $0.77 per...

2014-04-23 08:21:03

MILWAUKEE, April 23, 2014 /PRNewswire/ -- For the second quarter of fiscal 2014, Johnson Controls, Inc. (NYSE: JCI), a global multi-industrial company, reported net income of $261 million, or $0.39 per share, on $10.5 billion in revenues. Second quarter earnings per share (including discontinued operations and excluding non-recurring items) was $0.66, which is at the high end of the company's previously issued guidance and up 50 percent versus $0.44 last year. As a result of the previously...

2014-04-23 00:20:25

OAK BROOK, IL, April 22, 2014 /PRNewswire/ - Primary Energy Recycling Corporation (TSX: PRI), a clean energy company that generates revenue from capturing and recycling recoverable heat and by-product fuels from industrial processes, today announced its financial and operational results for the first quarter ended March 31, 2014. Financial Results (in 000's of US$)...

2014-04-22 20:22:14

PITTSBURGH, April 22, 2014 /PRNewswire/ -- Global safety equipment manufacturer MSA (NYSE: MSA) today reported results for the first quarter of 2014. Quarterly Summary -- Order activity and backlog are at healthy levels heading into the second quarter. -- Revenue from continuing operations was $265 million, down 2 percent from the first quarter of 2013. Income from continuing operations was $14 million. Quarterly continuing earnings per basic share was...

2014-04-22 16:33:09

BEIJING, April 22, 2014 /PRNewswire/ -- SGOCO Group, Ltd. (Nasdaq: SGOC) ("SGOCO" or the "Company"), a company focused on product design, distribution and brand development in the flat-panel display market, today announced its unaudited financial results for the fourth quarter and audited financial results for the full fiscal year ended December 31, 2013. Full Fiscal Year 2013 Comparisons with Full Fiscal Year 2012 - Financial Highlights -- Total revenue increased 20.6% year-over-year...