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Earnings Analysis: 
Fluor Net Surges 95%, Disney Net Drops 13%
Author: 123jump.com Staff
123jump.com
Last Update: 11:08 AM ET November 07 2008


 
10:00AM New York - Bebe stores, Inc sales rose 1% and net income fell 27%. California Pizza Kitchen, Inc revenue rose 7.3% and net income rose 257%. Dolby Laboratories, Inc revenue rose 26% and net income rose 10%.

Bebe stores, inc, women''s apparel retailer said first quarter sales rose 1% to $163.3 million from $161.1 million a year ago. Net income in the quarter fell 27% to $11.2 million or 12 cents per diluted share compared to net income of $15.4 million or 16 cents per share, a year ago.

Comparable Same store sales decreased 20%.

Bebe stores, Inc (BEBE) in the last one year traded as high as $14.39 in November 2007 and as low as $6.13 in October 2008. Based on the yesterday’s closing price the company has a market cap of $657.74 million.

California Pizza Kitchen, Inc, the pizza restaurant chain operator said third quarter revenues rose 7.3% to $174 million from $162 million a year ago. Net income in the quarter rose 257% to $5.0 million or 20 cents per diluted share compared to net income of $1.4 million or 5 cents per share, a year ago.

Comparable restaurant sales decreased 2.4%.

California Pizza Kitchen, Inc (CPKI) in the last one year traded as high as $16.91 in May 2008 and as low as $8.53 in October 2008. Based on the yesterday’s closing price the company has a market cap of $238.20 million.

CDC Corporation, China based software company said third quarter revenues rose 5% to $103.8 million from $98.4 million a year ago. Net loss in the quarter was $10.2 million or 10 cents per diluted share compared to net loss of $7.2 million or 7 cents per share, a year ago.

CDC Corporation (CHINA) in the last one year traded as high as $7.19 in November 2007 and as low as $1.08 in October 2008. Based on the yesterday’s closing price the company has a market cap of $126.34 million.

Dolby Laboratories, Inc, the audio technology company said fourth quarter revenues rose 26% to $163.1 million from $129.0 million a year ago. Net income in the quarter rose 10% to $48.6 million or 42 cents per diluted share compared to net income of $44.2 million or 39 cents per share, a year ago.

For fiscal year 2008, Dolby reported total revenue of $640.2 million, compared to $482.0 million for fiscal year 2007, an increase of 33 percent. Net income for fiscal year 2008 was $199.5 million, or $1.74 per diluted share, compared to $142.8 million, or $1.26 per diluted share, for fiscal year 2007.

Dolby expects fiscal 2009 revenue between $660 million and $720 million. Net income is expected to be between $184 million and $208 million. Earnings per diluted share are expected to be $1.57 to $1.77 including 3 cents of restructuring charges.

Dolby Laboratories, Inc (DLB) in the last one year traded as high as $53.63 in January 2008 and as low as $26.28 in October 2008. Based on the yesterday’s closing price the company has a market cap of $3.17 billion.

Fluor Corporation, an engineering and construction contractor said third quarter revenues rose 38% to $5.67 billion from $4.11 billion a year ago. Net income in the quarter rose 95% to $183.1 million or $1.01 per diluted share compared to net income of $93.7 million or 51 cents per share, a year ago.

Fluor Corporation (FLR) in the last one year traded as high as $101.36 in June 2008 and as low as $28.92 in October 2008. Based on the yesterday’s closing price the company has a market cap of $6.09 billion.

Local.com Corporation, a provider of paid-search advertising services to local and national businesses on the internet said third quarter revenues rose 82% to $10.2 million from $5.6 million a year ago. Net loss in the quarter was $1.7 million or 12 cents per diluted share compared to net loss of $9.3 million or 71 cents per share, a year ago.

Local.com Corporation (LOCM) in the last one year traded as high as $5.89 in November 2007 and as low as $1.31 in October 2008. Based on the yesterday’s closing price the company has a market cap of $31.91 million.

ResMed Inc, respiratory equipment maker said first quarter revenues rose 17% to $217.9 million from $185.7 million a year ago. Net income in the quarter rose 16% to $28 million or 36 cents per diluted share compared to net income of $24.1 million or 31 cents per share, a year ago.

ResMed Inc (RMD) in the last one year traded as high as $54.58 in December 2007 and as low as $28.90 in October 2008. Based on the yesterday’s closing price the company has a market cap of $2.45 billion.

TechTarget Inc, Internet vertical media company said third quarter revenues rose 8% to $25.2 million from $23.3 million a year ago. Net loss in the quarter was $314,000 or 1 cent per diluted share compared to net income of $1.8 million or 4 cents per share, a year ago.

TechTarget Inc (TTGT) in the last one year traded as high as $17.46 in November 2007 and as low as $3.51 in October 2008. Based on the yesterday’s closing price the company has a market cap of $200.57 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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