Established 1999
     
8,000 companies from USA and India.  
   
Search over 25,500 news articles and 8,000 companies earnings    
 
Earnings Analysis: 
FPL Net Hurt By Hurricane Wilma
Author: Ivaylo Dagnev
123jump.com
Last Update: 9:43 AM EST November 04 2005



Email article | Print article

 
FPL Group Inc., (FPL), reported that on an adjusted basis, it would have earned $1.01 a share, topping analysts'' estimate of 95 cents a share.The company said that according to its results to date and prior to the impact of Hurricane Wilma, adjusted earnings for fiscal 2005 would have been $2.50 to $2.60 a share.

Quanta Services Inc., (PWR), network services company, reported that Q3 net profit more than tripled to 11 cents a share, beating analyst estimate of 7 cents a share on 13% revenue growth and improved spending in industries that company serviced as well as the infrastructure work needed after the major hurricanes boosted results. Quanta predicts Q4 earnings between 6 and 8 cents a share on revenue between $450 million and $480 million.

Polo Ralph Lauren Corp, (RL), fashion company reported that Q2 profit advanced 31% to 97 cents a share, up from 77 cents in the year-ago period on 15% revenue growth, beating analyst estimate of 90 cents a share. The company affirmed its fiscal 2006 outlook at $2.85 to $2.92 a share.

Glatfelter, (GLT), manufacturer of specialty papers and engineered products, reported that quarterly net income advanced to 8 cents a share, up from 5 cents a share in the year-ago period, missing analyst estimate of 12 cents a share. If not for extraordinary items, adjusted earnings dropped to 9 cents a share from 13 cents.

Redwood Trust, Inc., (RWT), specialty finance firm, reported a Q3 net income decline of 22% from the year-ago period to $2.21 a share on higher operating expenses caused primarily by continued growth in personnel. Core earnings came in at $1.22 a share, down vs. $2.29 a share.

Alliant Energy Corp., (LNT), electric and gas energy company, announced that Q3 net profit advanced 38% to 96 cents a share from the year-ago period. Earnings from continuing operations rose 8% and revenue jumped 36%. Alliant expects fiscal-year earning from continuing operations in the range of $1.10 to $1.30 a share.

Artesyn Technologies Inc., (ATSN), electronic products and power supplies producer, posted Q3 net income of 9 cents a share, up a bit from the same period a year ago on both higher sales of its rectifier and amplifier products and pressure in its server segment missing analyst estimate by a penny. Sales dropped to $102 million from $107 million

Westar Energy, (WR), electric generation and distribution services company, posted Q3 earnings of 97 cents a share, up from 70 cents a share in the year-ago period on revenue growth, topping analyst estimate of 82 cents a share. If not for a gain on fuel supply contracts, the company would have earned 65 cents a share. Results were affected by higher fuel supply contract valuations, warmer weather and lower interest expenses.

Carrizo Oil & Gas Inc., (CRZO), oil and natural gas company, posted Q3 net income of
19 cents a share if not for one-time items, up on this basis versus last year’s profit of 15 cents a share on 43% revenue growth, matching analysts’ expectations of 19 cents a share. The results reflected both greater output of natural gas and higher energy prices. The company’s production volumes increased by 7% in Q3.
  1 More: Earnings Archive

 


 
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

Other Sites:
© 1999-2012 123jump.com. All rights reserved