Outlook roundup: Energen, AirTran Airways

AP News
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Posted: Dec 09, 2009 5:33 PM

Among the earnings projection stories for Wednesday, Dec. 9, from AP Financial News:

BIRMINGHAM, Ala. (AP) _ Energen Corp. raised its 2010 profit outlook by 20 cents per share, due mainly to hedging commodities costs, lower depreciation rates and reduced income taxes.

ATLANTA (AP) _ AirTran Airways is saying again that it expects to post record profit this year even as some of its bigger rivals have continued to lose money.

NEW YORK (AP) _ Newspaper publisher Gannett Co. said it is "clearly comfortable" with the high end of its fourth-quarter earnings guidance range and has successfully made it through an unprecedented economic environment in 2009.