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Earnings Analysis: 
Master Card Net Drops 21%, CIGNA Net Loss
Author: Trupti Mehta
123jump.com
Last Update: 2:17 PM ET February 05 2009


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EOG Resources, Inc (EOG) in the last one year traded as high as $144.99 in May 2008 and as low as $54.42 in October 2008. Based on the yesterday''s closing price of $68.58 the company has market cap of $17.12 billion.

Gartner, Inc, a provider of research and analysis on the global information technology industry reported fourth quarter revenues rose 1% to $347.3 million from $343.2 million a year ago. Net income in the quarter fell 13% to $33.6 million or 35 cents per diluted share compared to net income of $38.8 million or 37 cents per share a year ago.

Total revenues for the fiscal year 2008 rose 9% to $1.28 billion from $1.17 billion a year ago. Net income for the year rose 41% to $103.9 million or $1.05 per diluted share compared to net income of $73.6 million or 68 cents per share a year ago.

Gartner, Inc (IT) in the last one year traded as high as $28.39 in August 2008 and as low as $13.07 in November 2008. Based on the yesterday''s closing price of $14.96 the company has market cap of $1.41 billion.

International Flavors & Fragrances Inc, producer of flavors and fragrances used in consumer products and packaged goods reported fourth quarter sales fell 2.6% to $539.1 million from $553.5 million a year ago. Net income in the quarter rose 3.7% to $49 million or 62 cents per diluted share compared to net income of $47.2 million or 58 cents per share a year ago.

Net sales for the fiscal year 2008 rose 5% to $2.4 billion from $2.28 billion a year ago. Net income for the year fell 7% to $230 million or $2.87 per diluted share compared to net income of $247 million or $2.82 per share a year ago.

International Flavors & Fragrances Inc (IFF) in the last one year traded as high as $46.66 in April 2008 and as low as $24.72 in November 2008. Based on the yesterday''s closing price of $27.86 the company has market cap of $2.19 billion.

Kellogg Company, the leading producer of cereal and convenience foods reported fourth quarter sales rose 5% to $2.93 billion from $2.79 billion a year ago. Net income in the quarter rose 1.7% to $179 million or 47 cents per diluted share compared to net income of $176 million or 44 cents per share a year ago.

Net sales for the fiscal year 2008 rose 9% to $12.8 billion from $11.8 billion a year ago. Net income for the year rose 4% to $1.14 billion or $2.99 per diluted share compared to net income of $1.10 billion or $2.76 per share a year ago.

Kellogg Company (K) in the last one year traded as high as $58.51 in September 2008 and as low as $40.32 in November 2008. Based on the yesterday''s closing price of $43.49 the company has market cap of $16.60 billion.

The Lubrizol Corporation, a specialty chemical company reported fourth quarter revenues fell 5% to $1.09 billion from $1.15 billion a year ago. Net loss in the quarter was $243 million or $3.59 per diluted share compared to net income of $59.7 million or 86 cents per share a year ago.

Revenues for the fiscal year 2008 rose 12% to $5.03 billion from $4.50 billion a year ago. Net loss for the year was $28 million or 41 cents per diluted share compared to net income of $283.4 million or $4.05 per share a year ago.

The Lubrizol Corporation (LZ) in the last one year traded as high as $61.38 in April 2008 and as low as $26.72 in November 2008. Based on the yesterday''s closing price of $32.50 the company has market cap of $2.19 billion.

M/I Homes, Inc, a builder of single family homes reported fourth quarter revenues fell 56% to $150.2 million from $340.5 million a year ago. Net loss in the quarter was $75.4 million or $5.38 per diluted share compared to net loss of $70.9 million or $5.06 per share a year ago.

Revenues for the fiscal year 2008 fell 40% to $607.7 million from $1.02 billion a year ago. Net loss for the year was $250.3 million or $17.86 per diluted share compared to net loss of $135.4 million or $9.69 per share a year ago.

M/I Homes, Inc (MHO) in the last one year traded as high as $26.00 in September 2008 and as low as $5.13 in November 2008. Based on the yesterday''s closing price of $10.86 the company has market cap of $152.29 million.

MasterCard Incorporated, credit card processor reported fourth quarter revenues rose 14% to $1.22 billion from $1.07 billion a year ago. Net income in the quarter fell 21% to $239.4 million or $1.84 per diluted share compared to net income of $304.2 million or $2.26 per share a year ago.

Revenues for the fiscal year 2008 rose 22.8% to $5 billion from $4.07 billion a year ago. Net loss for the year was $253.8 million or $1.95 per diluted share compared to net income of $1.09 billion or $8.00 per share a year ago.

MasterCard Incorporated (MA) in the last one year traded as high as $320.30 in June 2008 and as low as $113.05 in January 2009. Based on the yesterday''s closing price of $140.15 the company has market cap of $18.11 billion.

Penn National Gaming Inc, a diversified, multi-jurisdictional owner and operator of gambling properties reported fourth quarter revenues fell 2.5% to $571.1 million from $585.8 million a year ago. Net loss in the quarter was $378.6 million or $4.77 per diluted share compared to net income of $32.2 million or 36 cents per share a year ago.
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Market data: BATS Exchange. Inc.

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