Several U.S. companies said today they will postpone releasing their quarterly financial reports as Hurricane Sandy prepares to wreak havoc on the East Coast.
Cambridge-based Vertex Pharmaceuticals Inc. will now announce its third quarter 2012 results on Thursday, Nov. 1, after the financial markets close, with a conference call scheduled for 5 p.m. While Natick-based machine vision technology company Cognex Corp. still intends to issue its third quarter 2012 earnings release tonight, an earnings conference call has also been rescheduled to 5 p.m. Thursday.
Other companies delaying their earnings releases until later this week include Thomson Reuters Corp., Pfizer Inc. and NRG Energy Inc.
Liberty Mutual Holding Company Inc., parent of Liberty Mutual Insurance, cancelled its third quarter earnings conference call, which was scheduled for tomorrow, but will make the release available on its website as soon as possible.
Burger King Worldwide, which released its earnings as scheduled today, saw its third quarter year-over-year net income drop 83 percent to $6.6 million. The company's third quarter year-over-year revenues fell nearly 26 percent to $451 million.
Meanwhile U.S. stock and options markets are closed today and possibly tomorrow in the wake of Sandy's potential trajectory.
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