PepsiCo First Quarter Earnings Call
Apr 30, 8:43 AM EDT |
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| Portfolio strength and the global footprint enabled the firm to manage the challenges of a slowing US economy and rising commodity inflation. |
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| The food and beverages firm reported a 13% rise in revenue from $7.35 billion in 2007 to $8.33 billion due to higher prices. As a result, earnings responded by 5% strengthening to $1.14 billion or 70 cents a share. The firm drove growth in the global core trademarks like Lay''s, Mountain Dew and Pepsi and delivered innovation like G2 and TrueNorth nuts in North America and Tropicana juice drinks in China, India and the U.K. |
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AT&T Fourth Quarter Earnings Call
Apr 30, 4:05 AM EDT |
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| The company delivered a year-over-year increase in service ARPU and post-paid ARPU increases was stronger than the blended total. |
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| In December, the company increased the AT&T dividends 6.8%, double the increase of the past few years. Regional business revenues grew 7.5%. Enterprise revenues totaled $4.4 billion with a year-over-year decline of 3.7%. Total consumer connections that relate access lines plus high speed data and video were up 259,000 over the past year. The company is on track with plan to repurchase $10 billion of shares by the end of 2007. |
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Ford Motor Fourth Quarter Earnings Call
Apr 30, 3:58 AM EDT |
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| Special items reduced earnings by $3.8 billion pre-tax and reflected a charge of $1.9 billion for personnel reductions. |
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| The total fourth quarter loss was $2.1 billion, including a loss of $2.5 on the auto side, and a profit in financial services of $416 million. Depreciation and amortization increased by about $100 million and this was explained by the acceleration of depreciation associated with announced plant closings. Overhead costs were $400 million favorable. The cost of advertising and sales promotions was up $300 million. |
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PF Chang’s China Bistro First Quarter Earnings Call
Apr 30, 8:51 AM EDT |
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| The company has started a test in a few locations, aiming to improve overall profitability at current sales levels. |
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| The operator of restaurants reported revenue of $309 million, up 17% over last year, on increase in new stores. The higher costs pushed the net income down to $9.6 million or 40 cents a share versus $10.5 million or 40 cents a share in prior year. Average weekly sales for the 11 Pei Weis and 5 Bistros opened during Q1 were strong and new Pei Weis averaged $40,800 a week, well above the system average of $36,700. For fiscal 2008, the firm anticipates EPS in the range of $1.34 to $1.40. |
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United Airline Fourth Quarter Earnings Call
Apr 29, 2:02 PM EDT |
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| Stronger than expected revenue and effective cost control led to fourth quarter operating profits despite adverse weather impact on operations. |
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| The airliner reported a net loss of $61 million or 55 cents a share from a loss of $16.9 billion or $145.47 a share in the prior year on cost control and revenue growth of 5%. Given the prevailing challenges, the firm marginally reduced its capacity growth expectations and continues to focus on implementing continuous improvement programs to control costs and mitigate inflationary pressures. |
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Lennar Fourth Quarter Earnings Call
Apr 29, 1:59 PM EDT |
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| Revenues fell 15% from $5 billion in 2005 to $4.3 billion reflecting a change in pricing for new homes as sales incentives increased. |
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| The homebuilder reported a net loss of $196 million, or $1.24 a share, from net earnings of $581 million, or $3.54 per share in 2005 as market conditions remained depressed. Lennar considers that the strength of the balance sheet, and the renegotiated land positions that reflect current market conditions, provide the springboard from which it will be able to rebuild margins going forward. |
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McAfee First Quarter Earnings Call
Apr 29, 1:56 PM EDT |
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| Several strategic PC OEM partnerships won during the year are expected to drive continued growth in the business for the coming years. |
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| The computer security solutions firm realised revenue of $370 million, up 17% from $315 million in the prior year with balanced performance across segments and geographies. However, increased marketing costs to drive sales adversely affected income, reducing it by 27% to $31.6 million or 19 cents a share. Revenue growth reflects the strength of the security risk management strategy and improved sales execution. |
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Schlumberger First Quarter Earnings Call
Apr 29, 1:14 AM EDT |
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| Seasonal factors and lower product sales, after superior sales in Q4, had a negative impact on sequential revenue gains and consequently on margins. |
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| The world’s leading oilfield services company reported Q1 revenue of $6.29 billion versus $6.25 billion in the fourth quarter of 2007, and $5.46 billion in the Q1 of 2007. The net income, including discontinued operations, was $1.34 billion or $1.09 per share compared with $1.12 in the previous quarter and 96 cents in the last year quarter. The management is convinced that current investment levels are insufficient to both curb decline and to explore and develop new reserves. |
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eBay First Quarter Earnings Call
Apr 29, 1:09 AM EDT |
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| The global portfolio of classified businesses posted a 101% rise in unique visitors year-over-year, with average of 70 million monthly unique visitors |
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| The ecommerce company posted first quarter revenue of $2.19 billion, an increase of $424 million from last year’s $1.77 billion. The company’s global presence helped it benefit from strength in other currencies relative to the US dollar. eBay reported GAAP net income of $460 million or 34 cents per share compared with $377 million or 27 cents first quarter fiscal 2007. The management now anticipates Q2 net revenues in the range of $2.10 billion to $2.15 billion. |
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Microsoft Third Quarter Earnings Call
Apr 28, 12:34 PM EDT |
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| During Q3, Microsoft announced a number of acquisitions including Caligari, YaData and Rapt. |
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| The leading information technology company reported revenue of $14.5 billion, up 14% driven by continued enterprise customer demand for the core products as well as consumer demand for products and services in the entertainment division and online services business. The earnings per share for the quarter grew 27% over last year to 47 cents. For Q4, Microsoft expects revenue of $15.5 billion to $15.8 billion, a growth of 16% to 18% over fiscal 2007. |
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