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Earnings Analysis: 
Crane Plunges 27%, Calamos Drops 3%
Author: 123jump.com Staff
123jump.com
Last Update: 10:17 AM ET October 28 2008


Calamos Asset Management, Inc third quarter revenues fell 14% to $101.8 million and net loss was $0.8 million or 5 cents a share. Crane Co a maker of highly-engineered industrial components third quarter revenues fell 3% to $642.7 million and net income was $36.1 million or 60 cents a share.

 
10:20AM New York - Calamos Asset Management, Inc revenue fell 14% and net loss was $0.8 million. Choice Hotels International, Inc revenue rose 9% and net income fell 6.5%. Crane Co revenue fell 3% and net income was $36.1 million.

Calamos Asset Management, Inc, a fund management company said third quarter revenues fell 14% to $101.8 million from $118.5 million a year ago. Net loss in the quarter was $0.8 million or 5 cents per diluted share compared to net income of $7.1 million or 32 cents per share, a year ago.

Calamos Asset Management, Inc (CLMS) in the last one year traded as high as $34.61 in October 2007 and as low as $5.21 in October 2008. Based on the yesterday’s closing price the company has a market cap of $113.41 million.

Choice Hotels International, Inc, the operator of Comfort Inn and other budget lodging chains said third quarter revenues rose 9% to $191.2 million from $175.1 million a year ago. Net income in the quarter fell 6.5% to $35.9 million or 57 cents per diluted share compared to net income of $38.4 million or 59 cents per share, a year ago.

Choice Hotels International, Inc (CHH) in the last one year traded as high as $43.00 in October 2007 and as low as $18.25 in October 2008. Based on the yesterday’s closing price the company has a market cap of $1.31 billion.

Crane Co, a maker of highly-engineered industrial components said third quarter revenues fell 3% to $642.7 million from $664.1 million a year ago. Net income in the quarter was $36.1 million or 60 cents per diluted share compared to net loss of $196.9 million or $3.29 per share, a year ago. The stock fell 27% after it missed consensus earnings estimate by a penny.

Crane Co (CR) in the last one year traded as high as $48.51 in November 2007 and as low as $15.86 in October 2008. Based on the yesterday’s closing price the company has a market cap of $948.46 million.

Eagle Materials Inc a producer of gypsum wallboard, cement and concrete and aggregates said second quarter revenues fell 15% to $178.9 million from $210.5 million a year ago. Net income in the quarter fell 55% to $15.6 million or 36 cents a diluted share compared to net income of $34.5 million or 73 cents per share a year ago.

Eagle Materials Inc (EXP) in the last one year traded as high as $41.27 in December 2007 and as low as $13.93 in October 2008. Based on the yesterday’s closing price the company has a market cap of $637.06 million.

Fidelity National Information Services, Inc a provider of technology services to financial firms said third quarter revenues rose 25% to $893.8 million from $712.8 million a year ago. Net income in the quarter fell 82% to $43.6 million or 23 cents per diluted share compared to net income of $245.3 million or $1.25 per share, a year ago.

Fidelity National Information Services, Inc (FIS) in the last one year traded as high as $26.50 in October 2007 and as low as $12.35 in October 2008. Based on the yesterday’s closing price the company has a market cap of $2.37 billion.

Pre-Paid Legal Services, Inc an underwriter and marketer of legal expense plans said third quarter revenues rose 1.4% to $116.52 million from $114.88 million a year ago. Net income in the quarter rose 25% to $14.44 million or $1.23 per diluted share compared to net income of $11.57 million or 88 cents per share, a year ago.

Pre-Paid Legal Services, Inc (PPD) in the last one year traded as high as $59.95 in October 2007 and as low as $30.01 in October 2008. Based on the yesterday’s closing price the company has a market cap of $387.12 million.

SL Green Realty Corp, a real estate investment trust said third quarter revenues rose 9.5% to $268.67 million from $245.25 million a year ago. Net income in the quarter fell 66% to $33.57 million or 58 cents per diluted share compared to net income of $98.57 million or $1.64 per share, a year ago.

SL Green Realty Corp (SLG) in the last one year traded as high as $120.74 in October 2007 and as low as $26.10 in October 2008. Based on the yesterday’s closing price the company has a market cap of $1.56 billion.

Travelzoo Inc, a global Internet travel media company said third quarter revenues fell 6% to $18.81 million from $19.94 million a year ago. Net loss in the quarter was $1.79 million or 13 cents per diluted share compared to net income of $2.15 million or 14 cents per share, a year ago.

Travelzoo Inc (TZOO) in the last one year traded as high as $20.00 in October 2007 and as low as $6.08 in September 2008. Based on the yesterday’s closing price the company has a market cap of $91.00 million.

Veeco Instruments Inc, a process equipment maker said third quarter sales rose 18% to $115.71 million from $97.72 million a year ago. Net loss in the quarter was $1.67 million or 5 cents per diluted share compared to net loss of $5.68 million or 18 cents per share, a year ago.

Veeco Instruments Inc (VECO) in the last one year traded as high as $19.82 in June 2008 and as low as $7.75 in October 2008. Based on the yesterday’s closing price the company has a market cap of $250.25 million.

Winn-Dixie Stores, Inc, a food retailer said first quarter sales rose 3.4% to $1.67 billion from $1.62 billion a year ago. Net loss in the quarter was $2.3 million or 4 cents per diluted share compared to net loss of $0.8 million or 1 cent per share, a year ago.

Comparable same store sales rose 3%.

Winn-Dixie Stores, Inc (WINN) in the last one year traded as high as $23.86 in October 2007 and as low as $10.09 in October 2008. Based on the yesterday’s closing price the company has a market cap of $622.11 million.

WMS Industries Inc, a slot-machine supplier said first quarter revenues rose 14% to $151.4 million from $132.5 million a year ago. Net income in the quarter rose 41% to $15.7 million or 27 cents per diluted share compared to net income of $11.1 million or 19 cent 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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