I just love this “reported GAAP net income”. I read it and see “in accordance with the generally accepted lying guidelines…” 😀

(Green – beat earnings estimates, red – fell short)

[[LMT]] Lockheed Martin Q3 2008 $ 1.89 20-Oct — $1.92

[[MMM]] 3M Company Q3 2008 $ 1.38 21-Oct — $1.41

[[AKS]] AK Steel Holding Corp Q3 2008 $ 1.45 21-Oct BMO — $1.67

[[AAPL]] Apple Inc. Q4 2008 $ 1.11 21-Oct AMC — $1.26

[[BLK]] BlackRock, Inc. Q3 2008 $ 2.06 21-Oct BMO — $1.71

[[EAT]] Brinker International Q1 2009 $ 0.21 21-Oct BMO — $0.23

[[BRCM]] Broadcom Q3 2008 $ 0.44 21-Oct AMC — $0.31

[[CAT]] Caterpillar Inc. Q3 2008 $ 1.41 21-Oct BMO — $1.39

[[COH]] Coach, Inc. Q1 2009 $ 0.44 21-Oct BMO — $0.44

[[FCX]] Freeport-McMoRan Copper & Gold Q3 2008 $ 1.51 21-Oct BMO — $1.31

[[MTB]] M&T Bank Corporation Q3 2008 $ 1.07 21-Oct BMO — $0.82

[[NCC]] National City Q3 2008 -$ 0.31 21-Oct BMO — -$0.85

[[USB]] U.S. Bancorp Q3 2008 $ 0.47 21-Oct BMO — $0.32

[[VMW]] VMware, Inc. Q3 2008 $ 0.20 21-Oct AMC — $0.21

[[YHOO]] Yahoo, Inc. Q3 2008 $ 0.09 21-Oct — $0.04