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Earnings Analysis: 
Kewaunee Scientific Quarterly Profit Doubles
Author: 123jump.com Staff
123jump.com
Last Update: 2:42 PM EST November 29 2006



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TAT Technologies third-quarter earnings doubled as sales rose. Kewaunee Scientific quarterly earnings more than doubled on lower manufacturing and operating costs.

 
Kewaunee Scientific Corp. (KEQU: chart), scientific and technical furniture maker, said that its second-quarter net earnings increased to $569,000, or 23 cents per share, more than double the $239,000, or 10 cents per share, earned during the year-ago period. Revenue decreased 4.2% to $21.4 million from $22.3 million in the third quarter last year.

TAT Technologies Ltd. (TATTF: chart), maker of heat transfer equipment used in planes and military systems, said that its third-quarter net earnings increased to $1.68 million, or 28 cents per share, compared with $860,000, or 14 cents per share, in the year-ago period. Revenue climbed to $19 million from $14.4 million in the same period last year.

Bon-Ton Stores Inc. (BONT: chart), clothing retailer, posted a third-quarter net loss of $10.9 million, or 66 cents per share, from $6.3 million, or 39 cents per share in a year-ago quarter. The quarterly profit was hurt by a tax charge of 10 cents per share. Revenue climbed to $804.1 million from $285.7 million a year earlier for the acquisition of Northern Department Store Group in March.

Aeropostale Inc. (ARO: chart), youth clothing retailer, reported third-quarter net income of $32.6 million, or 61 cents per share, a 25% increase from $26.1 million, or 47 cents per share in the year-ago period. Revenue climbed 19% to $386 million from $324.7 million during the same period a year ago..

Tiffany & Co. Inc. (TIF: chart), luxury jeweler, reported a third-quarter net income of $29.1 million, or 21 cents per share, from $23.8 million, or 16 cents per share, a year earlier. Revenue was up 10% to $547.8 million from $500.1 million a year earlier.
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