U.S. student achievement trails the average achievement levels for developed countries in reading, math, and science.
The company said it expected earnings per share this year of $3 to $3.60, trailing the average analyst estimate of $4.24.
Rhode Island, which trailed the average national per capita income by only $9 in 1972, fell $138 behind two years later.
Yet among actively managed funds, the average concentrated portfolio is trailing the average diversified fund, according to the Principia database of Morningstar.
Excluding $562 million in one-time expenses, the loss was 14 cents a share, trailing the average estimate of a one-cent loss by analysts surveyed by Bloomberg.
Procter & Gamble dropped $2.12, to $59.94 after reporting fiscal fourth-quarter profit of 71 cents a share, trailing the average analyst estimate of 73 cents in a Bloomberg survey.
Over the last three and five years, and since its inception in 1981, International Growth has beaten the average foreign stock fund, according to Morningstar Inc., although it trailed the average fund marginally in the year through March 31.
Caterpillar's full- year forecast trailed the average estimate by 41 percent, and its shares fell in early New York trading.The firm actualy acknowledges that government stimulus might not be enough to offset losses from private sector contraction.
Flir, a maker of night-vision cameras used by American combat forces, reported second-quarter profit excluding some items of 35 cents a share, trailing the average analyst estimate by 4 cents, according to Bloomberg data.
Morningstar found US equity fund investors trailed the average US equity fund return by 1.66% annualized over a 10-year period ending in 2013.
