Cooper Companies Fourth Quarter Earnings Call
Dec 13, 6:04 AM EST |
|
| The company swung to a loss of $24.2 million, hurt by $20.3 million in costs related to acquisitions, share-based compensation and litigation. |
|
| The eye-care company reported revenue increase of 17% to $253.8 million from $216 million. Revenue from CooperVision segment, which makes soft contact lenses, rose 16% to $212.1 million. Results included $49.3 million in special costs, including stock-based compensation and acquisitions and integration. Research and development expense was 4% of sales, the same as in last year. 2008 revenue is in the range of $1.04 billion to $1.09 billion. |
|
|
Full Story... |
TheStreet.com Third Quarter Earnings Call
Dec 11, 3:33 PM EST |
|
| Net income climbed to $19.8 million, or 67 cents per share, from $3.1 million, or 11 cents per share, a year ago. |
|
| The financial news service company added the quarterly earnings growth came thanks to a $16 million tax gain and an increase in advertising revenue. Excluding the tax gain profit climbed 22% from a year ago to $3.8 million, or 13 cents per share. Revenue jumped 24% to $16.1 million from $12.9 million last year. Advertising and marketing services revenue surged 85% to $6.9 million. |
|
|
Full Story... |
American Express Company Third Quarter Earnings Call
Dec 11, 4:22 AM EST |
|
| Profit rose to $1.07 billion fueled by higher spending by wealthy individuals and small-business customers. |
|
| American Express reported revenue of $7.95 billion compared to $6.99 billion last year. Expenses were $4.5 billion, a 9% increase from the period a year earlier. Its return on equity for the period came in at 38.2%. In September, the firm agreed to sell the unit to the U.K.''s Standard Chartered in a deal worth $1.1 billion in total. American Express increased its provisioning for potential loan losses by 25% to $982 million. |
|
|
Full Story... |
CNET Networks Third Quarter Earnings Call
Dec 10, 3:02 PM EST |
|
| Third-quarter loss grew to $16.6 million, or 11 cents a share, from $2.3 million, or 2 cents a share, a year ago. |
|
| The media company’s latest results include a $19 million non-cash goodwill impairment charge, $590,000 in private investment gains and $406,000 in stock option investigation costs. Without these costs, adjusted net income declined to $6.87 million, or 4 cents a share, from $9.86 million, or 6 cents a share, a year ago. Revenue climbed 6.6% to $99.5 million from $93.3 million last year. Fourth-quarter EPS are expected to be $1.27 to $1.30, including stock compensation expenses and a tax benefit. |
|
|
Full Story... |
Schering-Plough Third Quarter Earnings Call
Dec 10, 7:58 AM EST |
|
| Earnings increased 180% to $713 million or 45 cents a share, due to gains on the currency option for the OBS acquisition. |
|
| The global science-based health care company reported a 9% increase in sales to $2.8 billion, from $2.6 billion in the prior year reflecting continued sales growth across each of the customer segments. The firm continues to invest strongly in R&D and other critical areas to drive further growth for the long-term. In order to maintain the growth momentum, the firm plans to combine with Organon BioSciences are at an advanced stage. |
|
|
Full Story... |
Toll Brothers Fourth Quarter Earnings Call
Dec 09, 11:32 AM EST |
|
| The company posted a loss of $81.8 million, hit by property writedown, rising cancellations and falling prices. |
|
| The home builder reported revenue decrease of 35% to $1.17 billion, including $315 million in pretax writedown charges. The backlog of home orders fell 37% from a year earlier, and was down 20% from the end of the third quarter. Prospective buyers canceled contracts at a rate of 38.9%, up from 36.7% in the year-earlier quarter. For fiscal 2008, the company said sales would decline and be in the range of 3,900 to 5,100 homes at an average price of $630,000 to $650,000. |
|
|
Full Story... |
Brinker International First Quarter Earnings Call
Dec 08, 10:36 AM EST |
|
| Earnings were down 21% to $37.6 million or 34 cents a share as margins were affected by unfavourable commodity prices. |
|
| The restaurateur reported a marginal increase in revenues to $895 million from $869.3 million in 2006 as a result of an net increase in company-owned restaurants.The firm is optimizing the use of capital by continuing to be disciplined about new restaurant development, closing underperforming locations, selling company restaurants to strong franchisees, and remain committed to returning capital directly to shareholders in the form of increasing dividends or buying back stock. |
|
|
Full Story... |
Rowan Companies Third Quarter Earnings Call
Dec 08, 10:32 AM EST |
|
| Net income rose 50% to $131 million, or $1.16 a share, from $87 million, or 78 cents a share, in 2006 due to revenue growth. |
|
| The provider of international and domestic contract drilling services reported a 20% growth in revenues to $502.2 million as drilling operations contributed record results. Recent contract negotiations will maintain the firm’s upward trend going forward. The firm has been able to experience solid demand for its more capable rigs and intends to continue the process of upgrading and expanding the jack-up fleet by building six additional high-specification jack-ups over the next four years. |
|
|
Full Story... |
Corning Third Quarter Earnings Call
Dec 07, 1:14 PM EST |
|
| Net income rose 41%, helped by rising display sales and favorable exchange rates. |
|
| Corning’s revenue increased 21% to $1.55 billion from $1.28 billion a year ago. Sales in telecommunications unit rose 4% to $472 million, driven by increased demand for optical fiber-to-the-premises products and private network projects. Despite extreme cost pressures on raw materials and energy, the company continues to invest in new technologies and manufacturing capabilities. Corning expects global shipments of LCD-TVs will jump to 26 million units in Q4 from 19 million a year earlier. |
|
|
Full Story... |
Motorola Third Quarter Earnings Call
Dec 07, 10:23 AM EST |
|
| Operating expenses declined by approximately $100 million compared to the second quarter as a result of progress on restructuring efforts. |
|
| The mobile-phone maker''s revenue declined 17% to $8.8 billion. Motorola estimated its global market share at 13%, down from 22% a year earlier. Operating cash flow was approximately $342 million and positive in all three business segments. This reflects improving operating results in Mobile Devices and seven-day improvement in overall cash conversion cycle. For Q4, the company expects earnings per share from continuing operations to be in the range of 12 cents per share to 14 cents per share. |
|
|
Full Story... |
|
|
