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The reading topped the expectations of analysts polled by Reuters, but details within the report gave some worrisome signals about manufacturing, which has suffered from sagging exports.
Over all, the company topped the expectations of Wall Street analysts — who on average were forecasting a small loss, according to Reuters — by reporting a net profit of $6 million in the fourth quarter.
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(Charles McNulty in The Los Angeles Times suggested he think harder about that, praising the "indrawn intensity of his acting" but worrying that he wasn't always "able to meet the swooping demands of the score or" his "own determination to top the expectations of his fans").
Its results topped the tepid expectations on Wall Street.
Income from continuing operations, excluding special items, was 28 cents per share, which topped the analyst expectation of 27 cents per share, according to Thomson Reuters I/B/E/S.
JPMorgan Chase topped the Street's expectations, thanks to rising deposits, lower interest rates and a jump in mortgage refinancing.
Visa 's earnings of $716 million, or 97 cents per share, on sales of $2 billion topped the Street's expectation of 98 cents per share on $1.97 billion in earnings.
However, results still managed to top the low expectations held by Wall Street analysts.
The home improvement retailer topped the Street's subdued expectations, but investors were not impressed.
But technology shares are expected to open mixed after Dell dell failed to top the market's expectations with its first-quarter earnings.
Dow Chemical also reported third-quarter results Thursday, announcing a decline in profits from a year ago but still managing to top the Street's expectations on an adjusted basis.
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CEO of Professional Science Editing for Scientists @ prosciediting.com