Our first quarter results were affected by comparatively higher claims expense in both our employee benefits and individual disability businesses, which we have said can fluctuate widely from quarter to quarter. The slower rate of premium growth for the quarter was largely attributable to the effects of our ongoing commitment to pricing discipline in what was noted as a very price competitive renewal and sales environment for the quarter.
Eric Parsons
Related Our first-quarter results reflect solid performance by all regional businesses, strong earnings mome... JEFF M. FETTIG The strong growth that we reported across all our businesses in the first quarter was maintained int... PETER ERSKINE We have now registered our fourth consecutive quarter of strong sales growth and our third consecuti... FRED HASSAN There's very competitive pricing conditions, but we maintained our strength during the quarter. We h... DANIEL SOMERS The software market remains highly competitive and our fourth quarter results were mixed by geograph... MARK LOUGHRIDGE Our sales growth in the first quarter was driven by strong order momentum across our product lines. GIDEON ARGOV The business and industry environment during the quarter was generally favorable. Our sales results ... GIDEON ARGOV We are pleased with the results of the quarter, particularly our ability to achieve revenue growth i... DONNA DUBINSKY Our performance in both the quarter and for the year demonstrates that our business model is solid a... MAXINE CLARK Our broad base of businesses continued to deliver solid results in the first quarter. BRIAN FERGUSON We had a very good quarter. Our solid fourth-quarter results, which have exceeded company top and bo... CHARLES ZHANG But higher costs were enough to hit operating income in the quarter, which grew only 7 percent, comp... RICHARD HASTINGS For the third consecutive quarter, our year-over-year license revenue growth rate accelerated. We be... ALFRED CHUANG The third quarter was bad for both teams and we were fortunate that they didn't capitalize on our po... BETH VESA All in all this was a very solid quarter for McAfee, given its poor fourth-quarter results and consi... GREGG MOSKOWITZ Based on our review of preliminary results for the quarter, we currently expect to report approximat... TIM DONAHUE As mentioned in our third-quarter conference call, bookings started to soften at the end of the thir... GREG WILLIAMS What we are looking for especially in the first quarter is sales growth ... Growth is rewarded very ... JUSSI HYOTY A stronger Canadian dollar, seasonally weak coated pricing, and higher labor related expenses affect... ARNOLD NEMIROW We continued to make progress in each of our businesses in the third quarter. For the second consecu... MARK MAYS Growing our total online services and technology revenues by 8% from the third quarter to the fourth... PETER JACKSON The strength is clearly in our digital signal processor business, which is our mainstream business f... BILL AYLESWORTH The balanced strength of our business allowed us to deliver top and bottom- line growth for the quar... JEFFREY M. ETTINGER Our third quarter results reflect the success of our ongoing efforts to increase same-store sales wh... LON BOHANNON We continue to be pleased with our asset/liability management performance which, in a challenging in... AUBREY PATTERSON Although an improvement on trend from our first quarter, our sales performance this quarter is still... GEORGE HELLER In the fourth quarter, we'll continue to extend the competitive advantages of our cable company and ... DICK PARSONS (Best Buy's) quarter was disappointing. While (Best Buy) is clearly focused on reducing expense grow... COLIN MCGRANAHAN Our third quarter used car sales growth reflected increased traffic compared with last year's third ... AUSTIN LIGON (Thursday night) we reported a very good first quarter. In the parade of Eastman first quarters, thi... BRIAN FERGUSON The results were very upbeat. However, Sony Ericsson may have lost market share compared to the four... GREGER JOHANSSON The biggest news from our third quarter 2005 was the completion of the US Airways/America West merge... DOUG PARKER Profits will probably still decline in the second quarter, but at a slower rate than in the first qu... HENRY WILLMORE Our third-quarter results reflect the continuing soft ad environment, which is impacting both our ne... DENNIS FITZSIMONS I'm pleased with another quarter of strong growth in which our core business revenues increased by 2... BRIAN L. HALLA Our international businesses both had a tremendous quarter. Our results demonstrate the continued st... BEN GUNN Our businesses performed well overall in the fourth quarter, although trading results were disappoin... JAMIE DIMON Orders for the first quarter of fiscal 2006 were $23.8 million and are expected to approach $30.0 mi... DON MITCHELL We believe both revenue growth and margins are within the range of guidance given in the third-quart... DANIEL NILES There were a lot of jitters in the first quarter. Our defense shut them down in the second quarter a... JASON BUMBLIS While the damages caused by the hurricanes continued to affect raw materials and energy prices throu... BILL LOWE We believe our revenues will improve in the second fiscal quarter of 2002. In fact, we are seeing ea... HENRY SCHACHT These results reflect an excellent fourth quarter and outstanding year for Compaq . We're very pleas... ECKHARD PFEIFFER While we are pleased that we were able to reach a tentative pilot contract, the financial implicatio... JAMES GOODWIN The third quarter is going great and there is no change in our outlook from what we said at the end ... MICHAEL DELL Our solid fourth quarter performance reflects our ongoing ability to execute consistent strategies f... MARK P. FRISSORA We expect first-quarter operations will improve. The results will match our forecast made during the... ERIC YU The results for the quarter as a whole were below our expectations; however, our results began to im... LOU MANCINI The third quarter is looking great. We will hit our numbers. We are continuing to have strong growth... KENNETH LAY Cisco's inability to reduce its inventory after the October quarter when revenues grew 14 percent qu... DAN NILES We were trying to keep people away from predicting 15-to-20-percent growth rates [in U.S. services] ... JEFFREY JOERRES To start the first quarter of 2006, Precision will continue to benefit from the pricing leverage and... GENE STAHL We are very disappointed with our software sales results. In spite of our best efforts to work close... BETH CHAPPELL As we near the close of our fiscal fourth quarter, we are disappointed that our preliminary financia... ELIE ANTOUN The fourth quarter represents the second consecutive quarter of strong business execution and improv... JASON COHENOUR Our forecast released in November calls fourth-quarter sales to be 4.7 percent higher than the third... GEORGE SCALISE Despite the fourth-quarter sales and volume softness, 1999 was a year of significant progress for Ke... CARLOS GUTIERREZ The guidance we're prepared to give is we're going to see sequential growth in the top-line quarter ... HENRY SCHACHT During the third quarter, particularly strong results in our tobacco businesses were partially offse... LOUIS CAMILLERI We are generally pleased that we were able to report a solid quarter in a tough advertising environm... GARY PRUITT The market for many of our products and services, particularly our traditional printed products, rem... DENNIS REDIKER The first quarter results exceeded expectations in terms of revenue and were in line with expectatio... ANTHONY SPIER We played a sloppy first quarter and allowed some easy baskets. In the second quarter we tightened u... BUDDY TRASK Overall, you can say the quarter was on the mark. The sales and earnings were about where they shoul... BOB DJURDJEVIC The third quarter operating results reflect the continued positive momentum generated from our busin... LINDA MCMAHON This was a solid third quarter for Federated, propelled by strong sales and earnings in our departme... JAMES ZIMMERMAN Solid execution drove another outstanding quarter of double-digit growth, ... These [third-quarter] ... BRUCE CHIZEN Our expectation is that GDP will increase by 0.9% in the June quarter to be 2.1% higher that the Jun... ADAM CARR Led by robust analog and wireless sales, we had an outstanding quarter. Focus on execution drove our... BRIAN HALLA After a slower first half year, we are pleased to see growth across Philips has picked up in the thi... GERARD KLEISTERLEE We did pretty good except for the first quarter. We were just a little bit impatient with our offens... DANNY LABASAN We are not changing our estimates today, but do expect to have to lower them again after the call --... CHARLIE GLAVIN Our pipeline for the first quarter is up year-to-year, with particular strength in our long-term bus... MARK LOUGHRIDGE Sales continued soft during the summer quarter. We think, however, we may have touched bottom as boo... BRIAN HALLA A lot of that was borrowed by the second quarter in the first quarter. I think it is indicative of w... GAIL FOSLER We started strong in the first quarter. In that last quarter, we could not make our free throws and ... BILL BUTHORN With second-quarter sales in our core consumer film business up double digits on a volume basis worl... DANIEL CARP We added far more customers and employees in the first quarter of 1999 than in any other quarter of ... CHARLES BREWER Our anticipated results for our second quarter and the remainder of fiscal 2006 reflect smaller year... ARA HOVNANIAN Sales and profits for the December quarter increased both year-over-year and sequentially from the S... LOTHAR MAIER There were no highlights for the fourth quarter. It was a very, very tough quarter. FRITZ HENDERSON We are very pleased with our first-quarter results. All key elements of the business performed very ... RICHARD FAIN I am disappointed with our preliminary financial results for the first quarter. ALLEN ALLEY Our third-quarter financial results reflected encouraging volume and financial performance in Canada... LEO KIELY Our performance was extremely strong reporting record sales for the fourth-quarter and fiscal year. GREG JOSEFOWICZ Our fourth quarter results reflect the extraordinarily difficult business environment in which Goldm... JOHN THAIN The fourth quarter was a strong quarter and 2005 was a watershed year for us in many respects. Durin... J. BRETT HARVEY Our performance in the fourth quarter completes a very satisfying year for Stella-Jones, a year in w... BRIAN MCMANUS Not really cutting hard with the pep in our step as we had in the first quarter and second quarter. ... DWANE CASEY We were struggling in the first quarter then our defense picked it up. In the second quarter we star... LUOL DENG We believe lower guidance from Dell, Lexmark and Cisco this (quarter) indicates slower growth in PCs... CHRIS WHITMORE We believe lower guidance from Dell, Lexmark and Cisco this (quarter) indicates slower growth in PCs... CHRIS WHITMORE First quarter combined ratio and net income were very solid and premium growth in new markets has be... BRUCE MARLOW Overage in the quarter (was) mostly due to very strong investment banking results, particularly trad... GLENN SCHORR It's more a comment on their strength in the first quarter of 2005 than it is their weakness in the ... JASON BILODEAU In the first quarter we were moving the ball well and were going to our strengths. But in the second... STEVE AUSTIN Gross margins improved for the fourth consecutive quarter and are up 13 percentage points from the s... JO MAJOR During the quarter, we maintained our focus on managing costs, increasing revenue in our growth busi... MICHAEL ARMSTRONG Our kids came out and really executed well in the early first quarter and the beginning of the secon... JOE LABUDA We continue to deliver on the promise we made when we began our turnaround in 1997 of achieving annu... FRED HASSAN
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