Hot Stock Minute

Learning Earnings: Ford, 3M and Southwest Airlines Report

Hot Stock Minute

Ford (F) is on a roll. The company cruised past estimates this morning when it released quarterly results. Earnings were 45-cents a share when expectations were for 38-cents. Revenues, however, came in slightly under consensus at $33.9-billion compared with estimates of $33.982-billion.

Also part of this morning's earnings parade are Dow component 3M (MMM) and Southwest Airlines (LUV). 3M beat on both the top and bottom lines with earnings of $1.78 a share compared to estimates of $1.75. Revenues were $7.92-billion verses $7.855-billion. AS for Southwest, it matched on earnings of 34-cents a share. Revenues were slightly short of expectations at $4.5-billion.

Yahoo Finance Senior Columnist Mike Santoli has more all on three stocks in the video above.

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