Archived posting to the Leica Users Group, 1999/04/16
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]With the discussion of Kodak films and their direction in yesterday's LUG, I thought the following, quoted from a Reuters news story today, might be of interest (seemed timely, anyway). The full story can be found at http://dailynews.yahoo.com/headlines/bs/story.html?s=v/nm/19990416/bs/earns_koda k_3.html "Eastman Kodak Co. Friday reported first-quarter income fell 15 percent, but the nation's biggest photographic company beat Wall Street expectations amid a rebound in some emerging markets and strong U.S. sales. "Kodak's earnings were $191 million, or 59 cents per diluted share, vs. $225 million, or 69 cents a share, a year ago. Sales rose 6 percent to $3.1 billion. Excluding charges, earnings were $259 million or 80 cents per share. The First Call consensus of analysts was 76 cents a share." "Sales of consumer imaging products in the United States grew 13 percent to $677 million, while sales outside Kodak's home market eased 2 percent to $792 million, resulting in an overall gain of 4 percent, to $1.47 billion from $1.41 billion. Operating profits in the consumer segment grew to $141 million from $94 million one year ago."