Post Game Earnings Watch: 5 Financial Stocks in Focus

Loews Corporation (NYSE:L) reported its results for the first quarter. Net income for the insurance-multiline fell to $367 million (92 cents per share) vs. $379 million (92 cents per share) a year earlier. This is a decline of 3.2% from the year-earlier quarter.  Revenue rose 1.8% to $3.71 billion from the year-earlier quarter. Loews Corporation beat the mean analyst estimate of 82 cents per share.

LPL Investment Holdings Inc. (NASDAQ:LPLA) reported its results for the first quarter. Net income for LPL Investment Holdings Inc. fell to $41.2 million (37 cents per share) vs. $49 million (43 cents per share) a year earlier. This is a decline of 16% from the year-earlier quarter. Revenue was $901.8 million last quarter. LPL Investment Holdings Inc. reported adjusted net income of 56 cents per share. By that measure, the company beat the mean estimate of 54 cents per share. Analysts were expecting revenue of $888.5 million.

NYSE Euronext (NYSE:NYX) posted a decrease in profit as revenue declined. Net income for NYSE Euronext fell to $87 million (34 cents per share) vs. $155 million (59 cents per share) a year earlier. This is a decline of 43.9% from the year-earlier quarter. Revenue fell 17.1% to $952 million from the year-earlier quarter. NYSE Euronext reported adjusted net income of 47 cents per share. By that measure, the company fell short of mean estimate of 49 cents per share. It beat the average revenue estimate of $610.5 million.

Plum Creek Timber Company Inc. (NYSE:PCL) reported its results for the first quarter. The company’s funds from operations (FFO) fell 21.7% from the year-earlier quarter to 18 cents. FFO, a measure of performance of a real estate investment trust (REIT), removes the profit-reducing effect that depreciation has on earnings. It fell short of the consensus estimate of 23 cents per share.

Reinsurance Group of America Incorporated (NYSE:RGA) reported its results for the first quarter. Net income for Reinsurance Group of America Incorporated fell to $123.3 million ($1.67 per share) vs. $160.8 million ($2.02 per share) a year earlier. This is a decline of 23.3% from the year-earlier quarter. Revenue was $2.29 billion last quarter. Reinsurance Group of America Incorporated beat the mean analyst estimate of $1.52 per share. It beat the average revenue estimate of $2.2 billion.