Fluor First Quarter Earnings Call
May 11, 8:29 AM EDT |
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| Net earnings were $85 million or 94 cents per share compared with $89 million or $1 per diluted share for the same period last year. |
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| The global provider of engineering and construction services reported flat revenue of $3.6 billion over the prior year quarter, as the growth in Oil and Gas and Global services were offset by decline in Government segment revenue. During the quarter, new project awards totaled $4.5 billion, up 17% from $3.8 billion a year ago and consolidated backlog rose to record $23.7 billion, up 54% from a year ago. For fiscal 2007, Fluor expects EPS of $3.50 to $3.80. |
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Cisco Systems Third Quarter Earnings Call
May 10, 10:54 AM EDT |
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| Profit rose 34% to $1.9 billion driven by higher sales of network equipment bought by businesses and telephone companies. |
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| Cisco reported revenue increase of 21% to $8.9 billion, which was almost in line with analysts’ expectations of $8.76 billion. Excluding onetime items and the cost of stock options, Cisco would have earned $2.1 billion, or 34 cents a share, on a non-GAAP basis. Cisco announced it would purchase WebEx for $3.2 billion. The global enterprise business, including public sector, was solid with growth of approximately 14%. Q4 sales are expected to grow 15% to 16% to $9.2 billion to $9.3 billion. |
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Speedway Motorsports First Quarter Earnings Call
May 09, 3:35 PM EDT |
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| Quarterly profit declined 1% hit by the lower broadcasting revenue from NASCAR and weaker attendance at a key race. |
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| Quarterly earnings decreased to $31.9 million, or 72 cents per share, from $32.2 million, or 73 cents per share a year ago, while revenue edged 1% to $152.2 million bolstered by gains in admissions, sponsorships, luxury suite rentals and advertising and other event-related income. The company suffered lower broadcasting revenue from NASCAR and higher fuel costs. The marketer and promoter of motorsports entertainment backed its full year 2007 earnings outlook of $2.43 to $2.53 per diluted share. |
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Blackboard First Quarter Earnings Call
May 08, 8:14 AM EDT |
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| Profit increased to $1.9 million from $148,000 a year ago due to strong product sales. |
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| Blackboard reported revenue increase of 47% to $55.3 million from $37.7 million a year ago. Revenue from product sales rose 51% while professional services revenue increased by 17% from the same period last year. The company signed first four license fees of Blackboard Outcome System. Total head count at the end of the quarter was 782 people. For the year, Blackboard expects net income of $10.6 million to $12.1 million, or 35 cents to 41 cents per share. |
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Tesoro First Quarter Earnings Call
May 08, 6:55 AM EDT |
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| Profit increased to $116 million from $43 million a year ago due to low inventories of fuel and incr |
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| Tesoro, a refiner and marketer of petroleum products, reported revenue of $3.876 billion, almost flat with $3.877 billion last year. Refining margins were $12.80 per barrel versus $8.52 per barrel in the year-ago period. The company refined 465,000 barrels per day of crude oil and other feedstocks, down from 497,000 bpd a year ago. The Board of Directors approved a two-for-one stock split and a doubling of the quarterly cash dividend. |
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OfficeMax First Quarter Earnings Call
May 08, 5:10 AM EDT |
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| Sales rose to $2.436 billion, from $2.423 billion in the prior year period. Retail segment same-store sales increased 0.5%, versus Q1 2006. |
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| OfficeMax, office products distributor, reported quarterly net income of $58.539 million, versus net loss of $25.087 million in Q1 2006. Excluding special items, net income rose 7.2% to $59.7 million, from $55.7 million in Q1 2006. Adjusting for the elimination of mail-in rebates, Retail same-store sales rose about 2%, over Q1 2006. The firm opened 9 new retail stores and launched a new brand with its exclusive licensing agreement for the Sharper Image Office brand furniture in the quarter. |
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Bookham Third Quarter Earnings Call
May 07, 3:20 PM EDT |
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| Revenue for the quarter was $45 million, compared with $56.3 million in the second quarter and $53.4 million a year ago. |
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| The provider of optical components, modules and subsystems added that revenue from customers other than Nortel was $41.9 million, unchanged sequentially and up 43% from a year ago. For the fourth quarter, excluding restructuring and other non-recurring charges, Bookham expects revenue in the range of $43 million to $47 million, non-GAAP gross margin between 12% and 16% and adjusted EBITDA of approximately negative $8 million to negative $12 million. |
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Time Warner First Quarter Earnings Call
May 05, 2:57 PM EDT |
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| Revenue increased 9% to $11.2 billion, helped by a strong performance of the cable division. |
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| Time Warner reported profit decrease of 18% to 31 cents a share from or 32 cents a share a year earlier. Excluding discontinued operations and special items, the company would have earned 22 cents a share compared with 20 cents a share. Revenue at Time Warner Cable jumped 61.5% to $3.9 billion, driven by the acquisition of part of Adelphia Communications Corp. The company plans to complete its $20 billion buyback by the end of the second quarter. |
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Johnson & Johnson First Quarter Earnings Call
May 05, 10:40 AM EDT |
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| Sales rose 15.7% to $15.037 billion, versus $12.992 billion in Q1 2006, with quarterly operational sales growth of 13.3%, versus Q1 2006. |
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| Johnson & Johnson, health care products manufacturer, earned net income of $2.573 billion, down 22.1% versus $3.305 billion in Q1 2006, hurt by Conor Medsystems acquisition charge of $807 million. Q1 2006 results benefited by an after-tax gain of $368 million from the termination of acquisition agreement by Guidant. Excluding these items, net earnings rose 14% to $3.38 billion, versus Q1 2006. Pfizer acquisition helped boost quarterly sales. Fiscal 2007 EPS are forecast between $3.88 to $3.93. |
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Eagle Materials Fourth Quarter Earnings Call
May 03, 3:19 PM EDT |
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| Earnings fell 18% to $36.6 million, or 75 cents per share, from $43.8 million, or 86 cents per share, in the year-earlier period. |
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| Eagle Materials blamed the decline on the lower demand for building supplies due to the sluggish market for residential construction. Revenue fell 14% from a year ago with gypsum wallboard sales down 17%, cement sales down 2% and paperboard sales down 14%. The concrete, crushed stone and gravel segment recorded 1% higher sales. Full-year profit grew to $202.7 million, or $4.07 per share, from $161 million, or $3.02 in 2006 with annual revenue increasing to $922.4 million from $859.7 million. |
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