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Earnings Analysis: 
Altria Net Falls, Bunge Revenue Rises
Author: 123jump.com Staff
123jump.com
Last Update: 10:55 AM ET October 23 2008


Altria Group, Inc products third quarter revenues rose 5% to $5.23 billion and net income fell 67.1% to $867 million or 42 cents a share. Bunge Limited third quarter revenues rose 52% to $14.80 billion and net income fell 33% to $234 million or $1.70 a share.

 
10:50AM New York - Alaska Air Group, Inc revenue rose 8% and net income was $86.5 million. Altria Group, Inc revenue rose 5% and net income fell 67.1%. Bunge Limited revenue rose 52% and net income fell 33%.

Alaska Air Group, Inc, the passenger airliner reported third quarter revenues rose 7.7% to $1.07 billion from $988.8 million a year ago. Net loss in the quarter was $86.5 million or $2.40 per diluted share compared to net income of $81.8 million or $2.01 per share, a year ago.

Alaska Air Group, Inc (ALK) in the last one year traded as high as $28.56 in February 2008 and as low as $10.10 in July 2008. Based on the yesterday’s closing price the company has a market cap of $846.45 million.

Altria Group, Inc, cigarettes maker reported third quarter revenues rose 5% to $5.23 billion from $4.98 billion a year ago. Net income in the quarter fell 67.1% to $867 million or 42 cents per diluted share compared to net income of $2.63 billion or $1.25 per share, a year ago.

Altria Group, Inc (MO) in the last one year traded as high as $24.55 in January 2008 and as low as $16.26 in October 2008. Based on the yesterday’s closing price the company has a market cap of $39.73 billion.

Bunge Limited, the oilseed processor and fertilizer producer reported third quarter sales rose 52% to $14.8 billion from $9.7 billion a year ago. Net income in the quarter fell 33% to $234 million or $1.70 per diluted share compared to net income of $351 million or $2.70 per share, a year ago.

Bunge Limited (BG) in the last one year traded as high as $135.00 in January 2008 and as low as $33.71 in October 2008. Based on the yesterday’s closing price the company has a market cap of $4.29 billion.

Coca-Cola FEMSA, S.A.B. de C.V, the bottler of Coca-Cola trademark beverages in Latin America reported third quarter sales rose 14.5% to $19.8 million from $17.3 million a year ago. Net income in the quarter rose 10.3% to $3.2 million or 68 cents per diluted share compared to net income of $2.9 million or $1.05 per share, a year ago.

Coca-Cola FEMSA, S.A.B. de C.V (KOF) in the last one year traded as high as $63.77 in June 2008 and as low as $33.67 in October 2008. Based on the yesterday’s closing price the company has a market cap of $6.35 billion.

Ethan Allen Interiors Inc, a manufacturer and retailer of home furnishings and accessories reported first quarter sales fell 17.2% to $205.8 million from $248.7 million a year ago. Net income in the quarter fell 58% to $7.4 million or 26 cents per diluted share compared to net income of $17.5 million or 58 cents per share, a year ago.

Ethan Allen Interiors Inc (ETH) in the last one year traded as high as $34.88 in October 2007 and as low as $18.63 in October 2008. Based on the yesterday’s closing price the company has a market cap of $550.64 million.

Interactive Data Corporation, a global provider of financial market data, analytics and related services reported third quarter sales rose 7.7% to $188.6 million from $175.0 million a year ago. Net income in the quarter fell 6.7% to $36.7 million or 38 cents per diluted share compared to net income of $39.3 million or 40 cents per share, a year ago.

Interactive Data Corporation (IDC) in the last one year traded as high as $33.68 in December 2007 and as low as $17.50 in October 2008. Based on the yesterday’s closing price the company has a market cap of $1.95 billion.

Johnson Controls, Inc, the maker of automotive systems reported fourth quarter revenues rose 3% to $9.3 billion from $9.01 billion a year ago. Net income in the quarter fell 97% to $16 million or 3 cents per diluted share compared to net income of $466 million or 77 cents per share, a year ago.

Johnson Controls, Inc today reported record sales of $38.1 billion for its 2008 fiscal year, up 10% from $34.6 billion in 2007. Net income for the year totaled $979 million with diluted earnings per share from continuing operations of $1.63.

The company re-affirmed the fiscal 2009 guidance it provided on October 14, 2008, for diluted earnings per share of $1.95 to $2.10. For the first quarter the company said it expects earnings of $0.22 to $0.24 per diluted share, down from $0.39 in the 2008 quarter.

Johnson Controls, Inc (JCI) in the last one year traded as high as $44.46 in October 2007 and as low as $16.58 in October 2008. Based on the yesterday’s closing price the company has a market cap of $10.12 billion.

Level 3 Communications, Inc, the communication company reported third quarter revenues fell 1% to $1.07 billion from $1.06 billion a year ago. Net loss in the quarter was $120 million or 8 cents per diluted share compared to net loss of $174 million or 11 cents per share, a year ago.

Level 3 Communications, Inc (LVLT) in the last one year traded as high as $4.48 in June 2008 and as low as $1.18 in October 2008. Based on the yesterday’s closing price the company has a market cap of $1.92 billion.

Life Time Fitness, Inc, an operator of resort and spa centers reported third quarter revenues rose 17.3% to $198.8 million from $169.5 million a year ago. Net income in the quarter rose 17.6% to $21.6 million or 55 cents per diluted share compared to net income of $18.4 million or 48 cents per share, a year ago.
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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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