Earnings Report

Companies reporting quarterly earnings Tuesday included:

Altria Group, the maker of Marlboro cigarettes, a profit of $1.26 billion, or 64 cents per share, compared with $1.26 billion, or 63 cents per share, a year ago. Revenue rose about 1 percent to $4.57 billion. Shares fell 8 cents to close Tuesday at $41.93.

The Coca-Cola Co., the world's biggest beverage-maker, a profit of $2.6 billion, or 58 cents per share, down from $2.68 billion, or 59 cents per share, a year ago. Revenue dropped 1.4 percent to $12.57 billion. Shares fell $1.21 to close at $41.19.

Comcast Corp., the nation's largest cable provider, a profit of $1.99 billion, or 76 cents per share, compared with $1.73 billion, or 65 cents per share, a year ago. Revenue grew nearly 4 percent to $16.84 billion. Shares rose 81 cents to close at $54.63.

DuPont Co., the chemical company, a profit of $1.07 billion, or $1.15 per share, up from $1.03 billion, or $1.11 per share, a year ago. Revenue fell 1.4 percent to $9.71 billion. Shares fell 59 cents to close at $64.95.

Lockheed Martin Corp., the largest U.S. government contractor, a profit of $889 million, or $2.76 per share, up from $859 million, or $2.64 per share, a year ago. Revenue fell less than 1 percent to $11.3 billion. Shares rose $4.89 to close at $167.87.

McDonald's Corp., the world's biggest hamburger chain, a profit of $1.39 billion, or $1.40 per share, compared with $1.4 billion, or $1.38 per share, a year ago. Revenue rose 1.4 percent to $7.18 billion. Shares fell $1.28 to close at $96.27.

Source: The Associated Press

Business on 07/23/2014

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