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Earnings Analysis: 
Agilent Technologies, J. C. Penney Net Drops
Author: Mita Yagnik
123jump.com
Last Update: 8:52 AM ET November 13 2009



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8:50AM New York - Agilent Technologies, Inc revenue fell 21% and net income fell 89%. J. C. Penney Company, Inc sales fell 3.2% and net income fell 78.2%.

Abercrombie & Fitch Co., the clothing retailer reported third quarter sales fell 14.6% to $765.4 million from $896.3 million a year ago. Net income in the quarter fell 39.3% to $38.8 million or 44 cents per diluted share compared to net income of $63.9 million or 72 cents per share a year ago.

Abercrombie & Fitch Co. (ANF) in the last one year traded as high as $38.29 in October 2009 and as low as $13.66 in November 2008. Based on the yesterday's closing price of $36.76 the company has market cap of $3.23 billion.

Agilent Technologies, Inc, the measurement company reported fourth quarter revenues fell 21% to $1.17 billion from $1.48 billion a year ago. Net income in the quarter fell 89% to $25 million or 7 cents per diluted share compared to net income of $231 million or 64 cents per share a year ago.

Net revenues for the fiscal year 2009 fell 22.4% to $4.48 billion from $5.77 billion a year ago. Net loss for the year was $31 million or 9 cents per diluted share compared to net income of $693 million or $1.87 per share a year ago.

Agilent Technologies, Inc (A) in the last one year traded as high as $29.38 in September 2009 and as low as $12.02 in March 2009. Based on the yesterday's closing price of $27.43 the company has market cap of $9.47 billion.

J. C. Penney Company, Inc, the department-store operator reported third quarter sales fell 3.2% to $4.18 billion from $4.32 billion a year ago. Net income in the quarter fell 78.2% to $27 million or 11 cents per diluted share compared to net income of $124 million or 56 cents per share a year ago.

Comparable same-store sales decreased 4.6%.

J. C. Penney Company, Inc (JCP) in the last one year traded as high as $37.21 in October 2009 and as low as $13.71 in March 2009. Based on the yesterday's closing price of $29.39 the company has market cap of $6.93 billion.

Penford Corporation, a maker of natural-based ingredient systems for industrial and food applications reported fourth quarter sales rose 124% to $70.8 million from $31.6 million a year ago. Net loss in the quarter was $34.8 million or $3.12 per diluted share compared to net loss of $20.9 million or $1.87 per share a year ago.

Sales for the fiscal year 2009 rose 6.7% to $255.6 million from $239.6 million a year ago. Net loss for the year was $64.8 million or $5.80 per diluted share compared to net loss of $12.7 million or $1.20 per share a year ago.

Penford Corporation (PENX) in the last one year traded as high as $12.47 in January 2009 and as low as $2.07 in March 2009. Based on the yesterday's closing price of $6.50 the company has market cap of $73.23 million.

Teekay Corporation, the provider of international crude oil and petroleum product transportation services reported third quarter sales fell 43% to $500.4 million from $880.9 million a year ago. Net loss in the quarter was $142.2 million or $1.96 per diluted share compared to net income of $103.1 million or $1.41 per share a year ago.

Teekay Corporation (TK) in the last one year traded as high as $26.50 in October 2009 and as low as $10.95 in November 2008. Based on the yesterday's closing price of $22.89 the company has market cap of $1.66 billion.
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Market data: BATS Exchange. Inc.

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