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Earnings Analysis: 
Campbell Soup Net Falls 15%
Author: 123jump.com Staff
123jump.com
Last Update: 10:29 AM ET February 23 2009



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Campbell Soup Company second quarter sales fell 4.5% to $2.12 billion and net income fell 15% to $233 million or 64 cents a share. Developers Diversified Realty Corporation fourth quarter revenues fell 2% to $231.2 million and net loss was $190.2 million or $1.57 a share.

 
10:15AM New York - Campbell Soup Company sales fell 4.5% and net income fell 15%. Developers Diversified Realty Corporation revenue fell 2% and net loss was $190.2 million.

AMERISAFE, Inc, an insurance company reported fourth quarter revenues fell 22% to $64.0 million from $82.4 million a year ago. Net income in the quarter fell 69.2% to $5.7 million or 28 cents per diluted share compared to net income of $18.6 million or 92 cents per share a year ago.

Total revenues for the fiscal year 2008 fell 10.6% to $302.4 million from $338.3 million a year ago. Net income for the fiscal year 2008 fell 12.7% to $43.8 million $2.15 per diluted share compared to net income of $50.2 million or $2.47 per share a year ago.

AMERISAFE, Inc (AMSF) in the last one year traded as high as $21.97 in January 2009 and as low as $12.40 in March 2008. Based on the Friday''s closing price of $16.33 the company has market cap of $307.68 million.

Campbell Soup Company, the global manufacturer of food products second quarter sales fell 4.5% to $2.12 billion from $2.22 billion a year ago. Net income in the quarter fell 15% to $233 million or 64 cents per diluted share compared to net income of $274 million or 71 cents per share a year ago.

Campbell Soup Company (CPB) in the last one year traded as high as $40.85 in October 2008 and as low as $27.35 in December 2008. Based on the Friday''s closing price of $29.45 the company has market cap of $10.58 billion.

Developers Diversified Realty Corporation, a real estate investment trust reported fourth quarter revenues fell 2% to $231.2 million from $235.5 million a year ago. Net loss in the quarter was $190.2 million or $1.57 per diluted share compared to net income of $32.2 million or 27 cents per share a year ago.

Total revenues for the fiscal year 2008 fell 0.8% to $931.5 million from $933.1 million a year ago. Net loss for the fiscal year 2008 was $100.0 million 83 cents per diluted share compared to net income of $225.1 million or $1.85 per share a year ago.

Developers Diversified Realty Corporation (DDR) in the last one year traded as high as $45.66 in April 2008 and as low as $1.73 in November 2008. Based on the Friday''s closing price of $2.63 the company has market cap of $316.33 million.

Ducommun Incorporated, a commercial and military aircraft parts maker reported fourth quarter revenues rose 8% to $101.4 million from $93.5 million a year ago. Net loss in the quarter was $4.2 million or 40 cents per diluted share compared to net income of $5.4 million or 51 cents per share a year ago.

Total revenues for the fiscal year 2008 rose 10% to $403.8 million from $367.3 million a year ago. Net income for the fiscal year 2008 fell 33% to $13.1 million $1.23 per diluted share compared to net income of $19.6 million or $1.88 per share a year ago.

Ducommun Incorporated (DCO) in the last one year traded as high as $35.00 in April 2008 and as low as $12.63 in October 2008. Based on the Friday''s closing price of $15.86 the company has market cap of $167.81 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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