Earnings, First Quarter Earnings | featured news

Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. Facebook will report its Q1 2013 earnings on May 1. We expect to see mobile advertising results improve driven by the company’s efforts to integrate ads into its mobile platform.

While advertising continued to fall, The New York Times Company, which is repositioning itself for a digital age, said circulation revenue rose 6.5 percent in the first quarter.

Zynga posted first quarter 2013 earnings that beat analysts expectations, but shares are trading down after-hours on future outlook.

The automaker, which continues to struggle overseas, posted first-quarter net income of $1.6 billion, beating Wall Street expectations.

Toymaker Hasbro sees its results beat market expectations, despite seeing its losses widen as it continues cost-cutting efforts.

A rare earnings miss for IBM tugged the Dow Jones industrial average lower on Friday, while the rest of the market headed toward slight gains after a turbulent week. Quarterly earnings for the country's largest provider of computer services fell short of forecasts for the first time since 2005.Read more on NewsOK.com

Google Inc reported consolidated first quarter revenue, including its Motorola Mobility business, of $13.97 billion, up 31 percent from the year-ago period.

Yahoo said its profit rose 36% as the struggling Internet pioneer showed signs of continuing its slow but steady rebound under Mayer. But its shares fell after-hours on signs of decay in sales of display ads.

Citigroup Inc reported a higher-than-expected 31 percent rise in first-quarter profit on Monday as it drew down loss reserves for mortgage loans, and revenue from its securities and investment banking business swelled.

Retail sales contracted in March for the second time in three months, a sign the American economy may have stumbled at the end of the first quarter.