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Earnings Analysis: 
Xerox Corp, Southwest Airlines Sales Down
Author: Mita Yagnik
123jump.com
Last Update: 5:18 PM ET January 21 2010


 
10:55AM New York - Xerox Corporation revenue fell 3.4% and net income was $180 million. Southwest Airlines Co revenue fell 0.7% and net income was $116 million.

Continental Airlines, Inc, the airline company reported fourth quarter revenues fell 8.3% to $3.18 billion from $3.47 billion a year ago. Net income in the quarter was $85 million or 60 cents per diluted share compared to net loss of $269 million or $2.35 per share a year ago.

Revenues for the fiscal year 2009 fell 17% to $12.6 billion from $15.2 billion a year ago. Net loss for the year was $282 million or $2.18 per diluted share compared to net loss of $586 million or $5.54 per share a year ago.

Continental Airlines, Inc (CAL) in the last one year traded as high as $21.25 in January 2010 and as low as $6.37 in March 2009. Based on the yesterday’s closing price of $20.62 the company has market cap of $2.85 billion.

Fairchild Semiconductor International, Inc, the non-power semiconductor solutions maker reported fourth quarter revenues rose 10.5% to $354.5 million from $320.9 million a year ago. Net income in the quarter was $13.1 million or 10 cents per diluted share compared to net loss of $218.1 million or $1.76 per share a year ago.

Revenues for the fiscal year 2009 fell 24% to $1.19 billion from $1.57 billion a year ago. Net loss for the year was $60.2 million or 49 cents per diluted share compared to net loss of $167.4 million or $1.35 per share a year ago.

Fairchild Semiconductor International, Inc (FCS) in the last one year traded as high as $11.48 in September 2009 and as low as $2.83 in March 2009. Based on the yesterday’s closing price of $10.02 the company has market cap of $1.25 billion.

Freeport-McMoran Copper & Gold Inc, the copper company reported fourth quarter revenues rose 119% to $4.6 billion from $2.1 billion a year ago. Net income in the quarter was $971 million $2.15 per diluted share compared to net loss of $13.9 billion or $36.78 per share a year ago.

Revenues for the fiscal year 2009 fell 15.7% to $15.0 billion from $17.8 billion a year ago. Net income for the year was $2.5 billion or $5.86 per diluted share compared to net loss of $11.3 billion or $29.72 per share a year ago.

Freeport-McMoran Copper & Gold Inc (FCX) in the last one year traded as high as $12.57 in January 2010 and as low as $1.01 in February 2009. Based on the yesterday’s closing price of $12.25 the company has market cap of $9.76 billion.

The Goldman Sachs Group, Inc, the bank reported fourth quarter revenues were $9.6 billion from loss of $1.6 billion a year ago. Net income in the quarter was $4.8 billion or $8.20 per diluted share compared to net loss of $2.3 billion or $4.97 per share a year ago.

Net revenues for the fiscal year 2009 rose 103% to $45.2 billion from $22.2 billion a year ago. Net income for the year rose 510% to $12.2 billion or $22.13 per diluted share compared to net income of $2.0 billion or $4.47 per share a year ago.

The Goldman Sachs Group, Inc (GS) in the last one year traded as high as $193.60 in October 2009 and as low as $63.25 in January 2009. Based on the yesterday’s closing price of $167.79 the company has market cap of $86.26 billion.

Meredith Corporation, the media and marketing company reported second quarter revenues fell 7% to $336.9 million from $361.3 million a year ago. Net income in the quarter rose 52% to $19.0 million or 42 cents per diluted share compared to net income of $12.5 million or 28 cents per share a year ago.

Meredith Corporation (MDP) in the last one year traded as high as $34.39 in January 2010 and as low as $10.60 in March 2009. Based on the yesterday’s closing price of $33.16 the company has market cap of $1.50 billion.

PPG Industries, Inc, the supplier of protective and decorative coatings reported fourth quarter sales fell 2% to $3.12 billion from $3.19 billion a year ago. Net income in the quarter rose 100% to $142 million or 85 cents per diluted share compared to net income of $71 million or 43 cents per share a year ago.

Net sales for the fiscal year 2009 fell 23% to $12.2 billion from $15.8 billion a year ago. Net income for the year fell 37.5% to $336 million or $2.03 per diluted share compared to net income of $538 million or $3.25 per share a year ago.

PPG Industries, Inc (PPG) in the last one year traded as high as $64.26 in January 2010 and as low as $28.16 in March 2009. Based on the yesterday’s closing price of $61.58 the company has market cap of $10.30 billion.

Precision Castparts Corp., a manufacturer of complex metal components and products reported third quarter sales fell 15% to $1.37 billion from $1.61 billion a year ago. Net income in the quarter fell 2.6% to $232.9 million or $1.64 per diluted share compared to net income of $239.1 million or $1.70 per share a year ago.

Precision Castparts Corp. (PCP) in the last one year traded as high as $118.62 in January 2010 and as low as $47.71 in March 2009. Based on the yesterday’s closing price of $108.72 the company has market cap of $15.30 billion.
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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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