U.S. Companies Reporting Lower Quarterly EPS, April 18

The following U.S. companies reported lower earnings per share for their latest quarter (end date of the quarter is noted in the last column).

Earnings estimates provided by Bloomberg.

TICKER                                             EST
SYM     COMPANY               Q12    Q11   % CHG    Q12   % CHG   Q/E
========================================================================
AROW    ARROW FINL CORP      0.45   0.46    -2.2   0.44     2.3   Mar
NYB     NY COMM BANCORP      0.27   0.28    -3.6   0.26     3.8   Mar
BK*     BANK NY MELLON       0.52   0.55    -5.5   0.52     0.0   Mar
PLCM    POLYCOM INC          0.22   0.24    -8.3   0.22     0.0   Mar
PJC     PIPER JAFFRAY CO     0.33   0.38   -13.2   0.31     6.5   Mar
RLI     RLI CORP             0.96   1.11   -13.5   1.06    -9.4   Mar
NVLS*   NOVELLUS SYS         0.61   1.04   -41.3   0.61     0.0   Mar
JAKK    JAKKS PACIFIC       -0.61  -0.39   -56.4  -0.61     0.0   Mar
LRCX    LAM RESEARCH         0.50   1.45   -65.5   0.46     8.7   Mar

Number of companies reporting lower earnings today:             9
Total number of companies reporting earnings today:            51

* - Company in Standard & Poor’s 500 Index.
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