Fabian Perez christine painting
Gustav Klimt The Tree of Life painting
Greene said in a conference call that the effect of the weak European currency would lop as much as $100 million from pretax profits in the fourth quarter. "People are going to have to adjust to the impact of currency in the fourth quarter," said Gerard Klauer Mattison analyst David Bailey. "But it still doesn't change the story that this was a solid third quarter." The Houston-based company reported third-quarter net income of $550 million, or 31 cents per share, including a net investment gain of $25 million, compared with $140 million, or 8 cents, in the third quarter a year ago. Excluding the investment gain, Compaq earned 30 cents per share, beating the Wall Street estimate of 29 cents, as reported by First Call/Thomson Financial, which compiles brokerage estimates.
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