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Earnings Analysis: 
Gevity HR Misses Views by a Penny
Author: Ivaylo Dagnev
123jump.com
Last Update: 9:44 AM EDT May 01 2006



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Gevity HR Inc, provider of employment management software, ported Q1 earnings of 30 cents a share, up from a profit of $7.5 million, or 26 cents a share a year-earlier on 10.3% revenue growth.

 
Gevity HR Inc., (GVHR: chart), also added that Q1 includes 2 cents a share in stock option expensing. The company added that its total number of client employees totaled 136,200, an rise of 8.6% from the end of last year''s Q1. The company missed analysts’ estimate for a profit by a penny.

Sysco Corp, (SYY: chart), food distributor, reported that Q3 income dropped to 30 cents a share, from 34 cents a year earlier. If not for stock-option expense, earnings would have been 34 cents a share, the company said. Sales for Q3 advanced to $8.14 billion from $7.44 billion in Q3 last year.The company missed analysts’ forecasts for earningsof 32 cents a share.

Par Pharmaceutical Cos, (PRX: chart), manufacturer of generic drugs, reported Q1 net income of 24 cents a share, up from 6 cents, earned in the same period a year ago on revenue growth. The company met analysts’ forecasts for earnings of 24 cents a share. Par Pharma''s growth came even as it continued to make investments in building an organization around its first branded product, Megace ES.

Lubrizol Corp, (LZ: chart), specialty chemical company, reported that it reversed to a Q1 loss of 22 cents a share, down from a net income of 72 cents a share a year-ago on 16% sales growth. Lubrizol added that after adjustments, its earnings were 68 cents a share, topping the 64 cents a share predicted by analysts.

Tyson Foods Inc, (TSN: chart), chicken and beef producer, reported a Q2 loss of 37 cents a share, reversing from a year-ago profit of $ 21 cents a share on sales decline, missing analyst expectations for company to post a loss, of 25 cents a share..

Agco Corp, (AG: chart), maker of agricultural equipment, reported its Q1 net income dropped to 19 cents a share, down from 23 cents a share in the year-ago period, beating analysts’ forecasts for earnings of 11 cents a share.

FTD Group Inc, (FTD: chart), florist, reported that it reversed to Q3 net income of 26 cents a share, from a loss of $1.14 a share a year-earlier on revenue growth, beating analysts’ estimates for earnings of 23 cents a share. on sales of $125 million.
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