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Earnings roundup: Cimarex Energy, Huron Consulting



06 May 2008 @ 12:03 pm EST

Among the earnings stories for Tuesday, May 6, from AP Financial News:

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DENVER (AP) -Natural-gas and oil producer Cimarex Energy Co. said its first-quarter profit more than doubled, topping Wall Street forecasts, on increased production and higher commodity prices.

CHICAGO (AP) -Huron Consulting Group Inc.'s first-quarter earnings rose 4 percent on an increase in billable consultants, the financial and operations consulting firm said Tuesday.

NEW YORK (AP) -Beauty-products maker Estee Lauder Cos. on Tuesday said third-quarter earnings fell 4 percent as strong international sales were offset by weak U.S. results.

FRANKFURT, Germany (AP) -Hannover Re AG, one of the world's five biggest reinsurers, said Tuesday that its first-quarter profit rose 23 percent on improved investment results and lower costs on disaster claims.

DALLAS (AP) -Wireless communication company MetroPCS Communications Inc. said Monday its first-quarter profit rose 8.7 percent on higher sales.

NEW YORK (AP) -Specialty insurer and reinsurer Max Capital Group Ltd. said Tuesday its first-quarter earnings fell 90 percent due to losses on alternative investments.

DOWNERS GROVE, Ill. (AP) -FTD Group Inc., a florist network and Web site operator being acquired by United Online Inc., said Tuesday its fiscal third-quarter profit fell 3 percent, hurt by acquisition-related costs and other items.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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