BMC Software Third Quarter Earnings Call
Feb 13, 8:14 AM EST |
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| The net income was $89.4 million or 45 cents a share versus $63.9 million or 30 cents per share in the prior year quarter. |
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| The developer of software for systems and service management solutions reported revenue of $459 million, an increase of 11% from the prior year quarter. In Q3, the total bookings of BMC Software increased 4% to $452 million. During the quarter, the firm repurchased 5.5 million shares for an aggregate value of $186 million. For the fourth quarter, the company expects non-GAAP EPS in the range of 48 cents to 52 cents, reflecting a non-GAAP effective tax rate of 31.5%. |
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MetLife Fourth Quarter Earnings Call
Feb 13, 5:23 AM EST |
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| Net income was $1.08 billion, down from $3.83 billion a year ago when the insurer reported gains from the sale of two large apartment complexes. |
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| The life insurer’s revenue increased 7.6% to $13.83 billion. MetLife had net realized after-tax investment losses of $182 million, including $49 million, in credit-related losses. Insurance premiums grew 4% to $7.28 billion. Sales of variable annuities, which offer people returns linked to the performance of a basket of stocks, jumped 13%. MetLife repurchased approximately 11.6 million shares of common stock at an aggregate cost of $731 million, under an accelerated share repurchase agreement. |
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D.R. Horton First Quarter Earnings Call
Feb 13, 4:43 AM EST |
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| Profit swung to a loss of $128.8 million amid a further $245.5 million in inventory and land charges. |
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| The homebuilder reported revenue decrease of 39% to $1.71 billion. Net orders fell 52% to 4,245 while the value tumbled 61% to $900 million. The company generated more than $558 million in cash flow from operations by selling off part of its inventory of unsold homes and reducing the mortgages it held for sale. In November, the company set a goal to generate at least $1 billion in cash flow from operations in fiscal 2008. |
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Sunoco Fourth Quarter Earnings Call
Feb 12, 3:56 PM EST |
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| Net loss was $9 million or 8 cents from income of $123 million or $1 a share in 2006 negatively impacted by the sharp increase in crude oil prices. |
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| The manufacturer and marketer of petroleum and petrochemical products reported 46% growth in revenues to $13 billion reflecting strong refining margins and a positive contribution from each of the non-refining businesses. The firm also successfully executed its capital program in Refining and Supply that has provided meaningful capacity, conversion and reliability improvements. It continues to return cash to shareholders, spending $300 million to repurchase four million shares. |
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Church & Dwight Fourth Quarter Earnings Call
Feb 12, 2:40 PM EST |
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| Income was $32 million or 46 cents a share, up 32.6% from 2006 driven by a combination of solid organic growth and acquisition synergies. |
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| The manufacturer and marketer of a wide range of personal care, household and specialty products, reported a 10% increase in sales to $579.7 million from $526 million in the prior year due to organic growth. The firm will continue to remain focused on improving the positioning of brands in the marketplace, accelerating the rate of innovation of new products, entering new global markets and expanding business in existing markets. |
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McAfee Fourth Quarter Earnings Call
Feb 12, 8:50 AM EST |
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| The net income was $12.2 million, a drop of 60% from $32.9 million in prior year, on larger income tax provisions. |
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| The leading provider of technology security solutions reported revenue of $357 million as against $302.5 million in prior year. During the quarter, McAfee had a record 453 deals over $100,000, a record 56 deals over $500,000 and 14 deals over $1 million. The company’s Board of Directors has approved a $750 million stock repurchase program through July 29, 2009. For fiscal 2008, McAfee expects EPS to be $1.25 to $1.35, on revenue of $1.425 billion to $1.525 billion. |
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FMC Fourth Quarter Earnings Call
Feb 11, 4:28 PM EST |
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| Revenues increased 15% to $674 million, from $587 million in the prior year due to sales gains across Asia and Latin America. |
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| The diversified chemical company reported a 235% growth in earnings to $40.9 million or 53 cents per share, from $12.2 million or 16 cents a share in 2006, on strong performance across all segments. The firm also benefited from supply chain productivity improvements, higher volumes at Specialty Chemicals and demonstrated robust operating momentum, driven by higher selling prices in soda ash, volume growth across the segment and improved power market conditions in Spain at Industrial Chemicals. |
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Prudential Financial Fourth Quarter Earnings Call
Feb 11, 4:22 PM EST |
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| Income dropped 11% to $792 million or $1.75 per share, due to short-term swings linked to volatile financial market conditions. |
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| The financial services provider reported 3% growth in sales from $6.48 billion in 2006 to $6.64 billion on growth in premiums and investment income on record sales in annuities, improved sales and flows in full-service retirement, strong flows in institutional asset management and growth in the international life-planner business. Due to the current financial market conditions, the firm revised downwards its earnings guidance for the year. |
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Harris Corp. Second Quarter Earnings Call
Feb 11, 3:14 PM EST |
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| Earnings rose 21% to $114 million, or 83 cents a share, from $94 million, or 67cents a share a year ago on revenue growth across all segments. |
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| The international communications and information technology services provider reported 30% revenue increase to $1.3 billion, from $1 billion in the prior-year quarter driven by increasing strength in the RF Communications tactical radio business. The firm increased its revenue guidance for fiscal year 2008 to a range of $5.2 billion to $5.3 billion. Strong markets, new products, and global market share expansion is expected to drive double-digit growth in the business going forward. |
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Pepsi Bottling Group Fourth Quarter Earnings Call
Feb 11, 2:59 PM EST |
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| Revenues rose 6.5% to $4.03 billion from $3.77 billion in 2006, despite total worldwide physical case volume being flat from a year ago. |
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| The bottling company reported net income of $81 million or 35 cents a share down 39% from $133 million or 55 cents a share a year ago due to restructuring charges, an asset disposal charge and tax items. The firm delivered strong worldwide net revenue per case growth despite significant commodity cost pressures. |
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