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Earnings Analysis: 
AutoZone Net Rises, MBIA Net Loss Shrinks
Author: 123jump.com Staff
123jump.com
Last Update: 4:30 PM ET March 03 2009


 
4:00PM New York - AutoZone Inc revenue rose 8% and net income rose 8.6%. Bank of Montreal revenue rose 20% and net income fell 12%. The Bank of Nova Scotia revenue rose 21% and net income rose 1%.

AutoZone Inc, the auto parts retailer reported second quarter revenues rose 8% to $1.45 billion from $1.34 billion a year ago. Net income in the quarter rose 8.6% to $115.9 million or $2.03 per diluted share compared to net income of $106.7 million or $1.67 per share a year ago.

Comparable same store sales rose 6%.

AutoZone Inc (AZO) in the last one year traded as high as $148.50 in February 2009 and as low as $84.66 in November 2008. Based on the yesterday''s closing price of $140.03 the company has market cap of $8.05 billion.

Bank of Montreal, reported first quarter revenues rose 20% to $2.4 billion from $2.0 billion a year ago. Net income in the quarter fell 12% to $225 million or 39 cents per diluted share compared to net income of $255 million or 47 cents per share a year ago.

Bank of Montreal (BMO) in the last one year traded as high as $51.24 in May 2008 and as low as $19.32 in February 2009. Based on the yesterday''s closing price of $20.73 the company has market cap of $11.21 billion.

The Bank of Nova Scotia, reported first quarter revenues rose 21% to $3.4 billion from $2.8 billion a year ago. Net income in the quarter rose 1% to $842 million or 80 cents per diluted share compared to net income of $835 million or 82 cents per share a year ago.

The Bank of Nova Scotia (BNS) in the last one year traded as high as $51.59 in June 2008 and as low as $19.24 in February 2009. Based on the yesterday''s closing price of $20.68 the company has market cap of $20.51 billion.

BioScrip, Inc, a specialty pharmaceutical company reported fourth quarter revenues rose 18.6% to $366.6 million from $309.2 million a year ago. Net loss in the quarter was $76.6 million or $1.98 per diluted share compared to net income of $2.5 million or 6 cents per share a year ago.

Revenues for the fiscal year 2008 rose 17% to $1.4 billion from $1.2 billion a year ago. Net loss for the fiscal year 2008 was $74.0 million $1.93 per diluted share compared to net income of $3.3 million or 9 cents per share a year ago.

BioScrip, Inc (BIOS) in the last one year traded as high as $7.70 in March 2008 and as low as $1.26 in December 2008. Based on the yesterday''s closing price of $1.37 the company has market cap of $52.99 million.

Chico’s FAS, Inc, the specialty retailer of private branded reported fourth quarter sales fell 9% to $373.4 million from $409.3 million a year ago. Net loss in the quarter was $40.5 million or 23 cents per diluted share compared to net loss of $20.5 million or 12 cents per share a year ago.

Comparable same store sales decreased 13.0%.

Net sales for the fiscal year 2008 fell 6% to $1.6 billion from $1.7 billion a year ago. Net loss for the fiscal year 2008 was $19.1 million 11 cents per diluted share compared to net income of $88.9 million or 50 cents per share a year ago.

Chico’s FAS, Inc (CHS) in the last one year traded as high as $9.87 in March 2008 and as low as $1.72 in November 2008. Based on the yesterday''s closing price of $4.10 the company has market cap of $726.90 million.

Isle of Capri Casinos, Inc, a casino operator reported third quarter revenues rose 14.3% to $308.2 million from $269.7 million a year ago. Net income in the quarter was $46.1 million or $1.45 per diluted share compared to net loss of $13.8 million or 45 cents per share a year ago.

Isle of Capri Casinos, Inc (ISLE) in the last one year traded as high as $19.18 in September 2008 and as low as $2.04 in November 2008. Based on the yesterday''s closing price of $3.00 the company has market cap of $95.47 million.

MBIA Inc, the bond insurer reported fourth quarter revenues loss was $1.59 billion from a loss of $2.22 billion a year ago. Net loss in the quarter was $1.2 billion or $5.30 per diluted share compared to net loss of $2.3 billion or $18.55 per share a year ago.

Net sales for the fiscal year 2008 was loss $856.6 million from loss of $283.7 million a year ago. Net loss for the fiscal year 2008 was $2.7 billion $12.29 per diluted share compared to net loss of $1.9 billion or $15.17 per share a year ago.

MBIA Inc (MBI) in the last one year traded as high as $19.08 in September 2008 and as low as $2.42 in March 2009. Based on the yesterday''s closing price of $2.50 the company has market cap of $683.24 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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