Express Scripts Earnings Call, Second Quarter 2008
Aug 30, 1:23 PM ET |
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| Profit was $190 million, up from $153 million a year earlier, reflecting demand for generic drugs. |
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| Revenue rose to $4.71 billion from $4.57 billion last year. Gross margin grew 10.7%, or $504 million, up 15% from last year in the quarter. EBITDA was $341.9 million, up 18% from the prior year. Cash from operations was $234.5 million, compared to $96.4 million last year, as a result of focus on driving cash flow. The company sees 2008 adjusted earnings of $3.03 to $3.10 a share. |
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Fluor Earnings Call, Second Quarter 2008
Aug 30, 1:02 PM ET |
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| Profit rose to $209.3 million, boosted by an asset sale and strong demand from the energy sector. |
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| Revenue rose by 37% to $5.8 billion, up from $4.2 billion in the second quarter of 2007, driven primarily by significant growth in the oil, gas, and power segments. All business segments contributed to this positive result by posting solid growth and profit over the last year. New awards with new project awards totaled $6.4 billion. The company raised its earnings view to $3.65 to $3.80 a share for 2008, compared with a previous outlook of $3.30 to $3.45 a share. |
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Evergreen Solar Earnings Call, Second Quarter 2008
Aug 31, 6:08 AM ET |
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| Net loss widened to $8.9 million as the company spent on a new facility. |
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| Revenue jumped 48% to $22.8 million, from $15.4 million last year. Operating expenses jumped to $15.2 million from $7.2 million. Evergreen Solar spent about $11.3 million in the period related to the first phase of operations at its Devens, Mass., facility and the ramp down of its Marlboro site. For Q3, the company expects to post a loss of 10 cents per share on revenue of $24.5 million to $25.5 million. |
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Expedia Earnings Call, Second Quarter 2008
Aug 31, 5:15 AM ET |
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| Net profit increased to $96.1 million on a 16% increase in bookings. |
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| The U.S. online travel agency’s revenue rose to $795 million from $690 million a year ago, primarily driven by increased worldwide merchant hotel revenue and advertising and media revenue. Gross profit was $626 million, an increase of 15% compared with Q2 2007 due to increased revenue. OIBA increased 9% to $204 million, driven primarily by higher revenue. |
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Erie Indemnity Earnings Call, Second Quarter 2008
Aug 31, 4:52 AM ET |
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| Operating income per share was 87 cents due to reduction in investment revenues and changes in fair value on common stock in accordance with FAS 159. |
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| Management fee revenue was flat as direct written premiums of the property casualty group remained level compared to the second quarter of 2007. Policy retention rate improved to 90.4% compared to 89.9% at the end of the second quarter last year. The total cost to management operations increased by 2.8%. Personnel cost increased by 4.9% compared to 2007 primarily as a result of $1 million charge for executive severance cost. |
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Jo-Ann Stores Earnings Call, Second Quarter 2009
Aug 30, 12:54 AM ET |
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| Despite the uncertain economic environment, the management continues to revitalize stores while keeping a tight focus on expenses and inventories. |
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| The leading national fabric and craft retailer announced net sales for the second quarter of $403 million compared with $388.5 million in the prior year period. The management reported a quarterly net loss of $11.7 million, or 47 cents per share versus a net loss of $18.4 million, or 76 cents per share in fiscal 2008 comparable quarter. The same store sales increased 3.3% compared with an increase of 7% for the same period in the previous year. |
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Talbots Earnings Call, Second Quarter 2008
Aug 30, 9:48 AM ET |
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| While a year-over-year shortfall in retail sales impacted the quarter, results were offset by the Talbots brand merchandise gross margin expansion. |
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| The Company generated weaker net sales of $528 million in the second quarter compared with net sales of $572 million in the second quarter fiscal 2007. On a GAAP basis, net loss for the quarter was $25 million versus a net loss of $13.3 million in the same period last year. The total comparable store sales retreated 12% for the quarter. by brand, comparable tore sales for Talbots and J. Jill decreased 11.7% and 13.2% respectively. |
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Family Dollar Stores Earnings Call, Third Quarter 2008
Aug 29, 5:34 AM ET |
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| Net sales were $1.702 billion, or 2.9% above sales of $1.655 billion for the third quarter of fiscal 2007. Traffic and transaction trends improved. After a decline in March resulting from the shift in Easter, customer traffic and transaction trends stabilized. The tax rate was 36.1% compared with 35% in the third quarter last year. For Q4, comparable store sales will increase 4% to 6% compared to Q4 2007. |
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NYSE Euronext Earnings Call, Second Quarter 2008
Aug 29, 4:29 AM ET |
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| The Company continued to build on a record Q1 with Q2 results a reflection of strength and earnings potential from the highly diverse business model. |
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| The exchange group generated higher second quarter revenues of $1,153 million compared with $1,077 million for the same period in fiscal 2007. The reported net income of $195 million represents a $34 million or 21% increase versus net income of $161 million for the second quarter of 2007. The management reported that the drivers for the reported higher Q2 revenues, net income and EPS were increased transaction volumes and expense management. |
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Men’s Wearhouse Earnings Call, Second Quarter 2008
Aug 28, 6:40 PM ET |
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| Underlying assortment strategy impacting the business incorporates a de-emphasis on non-branded price driven product to trend right branded product. |
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| The specialty retailer of men’s apparel reported a 4.2% decline in company sales performance to $545.3 million declined 4.2% from $569 million in 2007 as both clothing sales and tuxedo rental revenue dropped 4% and 5.3% respectively. EPS was 63 cents a share, down from 27% from $1.00 in the prior year on higher costs and lower sales. |
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