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Earnings Analysis: 
Weider Nutrition Reports First Quarter Earnings of 18 Cents vs. 14 Cents
Author: Ivaylo Dagnev
123jump.com
Last Update: 9:45 AM EDT October 04 2005



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Weider Nutrition International, seller of vitamins and other various nutritional supplements, posted Q1 earnings of 18 cents a share, up from a year-earlier profit of 14 cents a share on an increase in demand for branded products.

 
Weider Nutrition International, (WNI: chart), announced that sales increased to $48 million from $43.7 million in the same period a year ago. No estimate has been published for the company's results. The company added though that gross margins declined by higher raw material costs.

CMGI Inc., (CMGI: chart), a provider of electronic business services, reported a quarterly profit of $274,000, or break-even per share, up vs. a loss of $6.8 million, or 2 cents per share in the year-ago period on sales growth. The latest results incorporate $10.4 million in charges related to regulatory compliance, amortization of intangible assets and stock-based compensation.

CRYO-CELL International, (CCEL: chart), cord blood bank, announced Q3 net income of 5 cents per share, down from 16 cents per share in the year-ago period. Consolidated revenues for the quarter were approximately $3.8 million, up 17% from approximately $3.2 million for the comparable quarter last year. Net income for the 2004 period included $1.6 million from the reversal of all prior accruals related to the PharmaStem litigation during the third quarter
of 2004, as a result of the favorable ruling by the Court on post-trial motions in that case.
Without the accrual reversal, net income in the third quarter of 2005 increased approximately $300,000 compared to the 2004 period due to a 17% increase in revenue.

Stolt-Nielsen S.A., (SNSA: chart), specialty liquids services company, reported Q3 net income (and income from continuing operations) of $53.1 million, up from net income of $17.5 million ($12.2 million from continuing operations) for the same period last year. Operating revenue was $384.0 million for the quarter, down from operating revenue of $407.9 million for the same period last year (which included $84.8 million of Stolt Sea Farm (SSF) operating revenue from operations contributed to the new Marine Harvest).
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