WellPoint profit falls but exceeds Wall Street expectations
Indianapolis-based WellPoint earned $702 million in the latest quarter after earning $722 million a year ago. It also raised its full-year profit forecast.
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Cummins profit soars on increased sales
Cummins Inc.'s second-quarter profit more than doubled on a steep increase in sales and a gain on the sale of its exhaust business, the Columbus, Ind.-based engine maker said Tuesday.
Simon Property results improve as U.S. retail sales advance
Indianapolis-based Simon Property Group Inc. said funds from operations rose 20 percent in the second quarter as rents and occupancies increased. The company raised its forecast for the year.
Lilly stock rises after drugmaker reports higher sales
Investors responded favorably Thursday to Eli Lilly and Co.’s surprisingly strong second-quarter revenue, even though its profit fell due to rapid spending on marketing and research.
ITT Educational continues enrollment, profit slide
In the second quarter, the Carmel-based operator of for-profit colleges saw enrollment drop 19.9 percent and profit sink 17.7 percent. But the company posted strong earnings per share by continuing to buy back shares.
Lilly profit falls, but forecast rises after second quarter
Second-quarter profit fell at Eli Lilly and Co., but the Indianapolis drugmaker beat the estimates of Wall Street analysts by a penny per share and raised its full-year profit forecast by as much as 10 cents per share.
Emmis reports larger quarterly loss, higher revenue
For the quarter ended May 31, Emmis suffered a loss of $4.5 million, or 12 cents a share, compared with a loss of $3.9 million, or 10 cents a share, in the same period last year.
Future bleak for Arcadia as cash crunch forces sale of business unit
Indianapolis-based Arcadia Resources Inc.’s auditor issued a “going-concern” warning Tuesday in the once-promising company’s annual report.
Finish Line posts 20-percent jump in earnings
Athletic shoe and clothing retailer Finish Line Inc. said Thursday that its fiscal first-quarter earnings and revenue rose, but revenue fell just short of Wall Street's expectations.
HHGregg’s profit, revenue rise, but same-store sales fall
Indianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased sales at retail locations operating for more than a year.
Fortune turns profit in first quarter on higher revenue
The Indianapolis-based professional employer organization reported a profit of $265,000 in the first quarter after posting a loss of $426,000 in the same three months last year.
Noble Roman’s first-quarter profit, revenue tick up
Revenue at Noble Roman's Inc. inched up in the first quarter as the Indianapolis-based franchisor continued to grow its take-and-bake pizza operation in grocery stores.
Emmis reports smaller annual loss on higher revenue
The Indianapolis-based media company said an improving economy helped it cut its losses as revenue from radio operations grew 4.3 percent. Still, the company continues to struggle with a heavy debt load.
Kite Realty Trust reports wider first-quarter loss
Indianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining revenue and a big dividend payment to preferred shareholders.
Disasters sink Baldwin & Lyons quarterly results
Earthquakes and flooding took a toll on Baldwin & Lyons Inc.’s first quarter results, the Indianapolis-based insurer announced Thursday morning.
Calumet turns profit on higher product demand
The Indianapolis-based company reported first-quarter profit of $4.2 million after posting a loss in the year-ago period.
Auction services firm improves revenue, profit
The parent company of the Adesa auto auction firm more than quadrupled its first-quarter profit on revenue that increased 5 percent.
Duke Energy quarterly profit rises almost 15 percent
Duke Energy Corp.'s first-quarter earnings rose almost 15 percent on strong results from its international operations and lower corporate costs.
UPDATE: Republic Airways loses $22M on fuel, maintenance
Indianapolis-based Republic Airways Holdings Inc. said it lost $22.4 million during the first quarter on higher fuel and maintenance costs.
CNO Financial’s first-quarter profits surge 59 percent
The Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street analysts.