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Earnings Analysis: 
Agilent Net Drops 47%, Chesapeake Net Loss
Author: 123jump.com Staff
123jump.com
Last Update: 3:53 AM ET February 18 2009



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3:00AM New York- Agilent Technologies Inc revenue fell 16% and net income fell 47%. American Campus Communities, Inc revenue rose 85.1% and net loss was $3.4 million. Chesapeake Energy Corporation revenue rose 43% and net loss was $866 million.

Agilent Technologies Inc, scientific instrument maker said first quarter revenues fell 16% to $1.17 billion from $1.39 billion a year ago. Net income in the quarter fell 47% to $64 million or 18 cents per diluted share compared to net income of $120 million or 31 cents per share a year ago.

Agilent Technologies Inc (A) in the last one year traded as high as $38.00 in June 2008 and as low as $14.76 in December 2008. Based on the yesterday’s closing price of $17.65 the company has market cap of $6.21 billion.

American Campus Communities, Inc, a self-administered equity real estate investment trust said fourth quarter revenues rose 85.1% to $78.3 million from $42.3 million a year ago. Net loss in the quarter was $3.4 million or 8 cents per diluted share compared to net income of $6.1 million or 23 cents per share a year ago.

Total revenues for the fiscal year 2008 rose 60% to $235.4 million from $147.1 million a year ago. Net loss for the year was $13.1 million or 34 cents per diluted share compared to net loss of $1.7 million or 7 cents per share a year ago.

American Campus Communities, Inc (ACC) in the last one year traded as high as $37.00 in September 2008 and as low as $15.05 in November 2008. Based on the yesterday’s closing price of $17.12 the company has market cap of $724.28 million.

Cardionet, Inc, a wireless medical technology company said fourth quarter revenues rose 43.8% to $34.4 million from $23.9 million a year ago. Net income in the quarter rose 229% to $6.9 million or 29 cents per diluted share compared to net income of $2.1 million or 12 cents per share a year ago.

Revenues for the fiscal year 2008 rose 65% to $120.5 million from $73.0 million a year ago. Net income for the year was $9.2 million or 40 cents per diluted share compared to net loss of $0.4 million or 12 cents per share a year ago.

Cardionet, Inc (BEAT) in the last one year traded as high as $35.89 in August 2008 and as low as $16.85 in December 2008. Based on the yesterday’s closing price of $22.22 the company has market cap of $519.51 million.

Chesapeake Energy Corporation, the nation''s largest natural gas producer said fourth quarter revenues rose 43% to $3 billion from $2.1 billion a year ago. Net loss in the quarter was $866 million or $1.51 per diluted share compared to net income of $158 million or 33 cents per share a year ago.

Total revenues for the fiscal year 2008 rose 49% to $11.6 billion from $7.8 billion a year ago. Net income for the year fell 49% to $623 million or $1.14 per diluted share compared to net income of $1.2 billion or $2.62 per share a year ago.

Chesapeake Energy Corporation (CHK) in the last one year traded as high as $74.00 in July 2008 and as low as $9.84 in December 2008. Based on the yesterday’s closing price of $17.12 the company has market cap of $10.29 billion.

La-Z-Boy Incorporated, a residential furniture producer said third quarter sales fell 23% to $288.6 million from $373.1 million a year ago. Net loss in the quarter was $64.4 million or $1.25 per diluted share compared to net income of $9.5 million or 18 cents per share a year ago.

La-Z-Boy Incorporated (LZB) in the last one year traded as high as $11.76 in September 2008 and as low as $0.70 in February 2009. Based on the yesterday’s closing price of $0.920 the company has market cap of $47.35 million.

MannKind Corporation, a maker of diabetes and cancer drugs reported no revenues during the three months ended December 31, 2008 and December 31, 2007. Net loss in the fourth quarter was $83.3 million or 82 cents per diluted share compared to net loss of $75.0 million or 75 cents per share a year ago.

Revenues for the fiscal year 2008 rose 100% to $20,000 from $10,000 a year ago. Net loss for the year was $303 million or $2.98 per diluted share compared to net loss of $293.2 million or $3.66 per share a year ago.

MannKind Corporation (MNKD) in the last one year traded as high as $7.92 in February 2008 and as low as $1.86 in April 2008. Based on the yesterday’s closing price of $3.44 the company has market cap of $349.90 million.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

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