Lear Corporation ( AGR: chart), automotive interior systems supplier, reported Q3 a net loss of $11.17 per share, down vs. a net income of $1.26 per share for the comparable period in 2004. Excluding the impairment and restructuring charges, Lear would have reported a net loss of 10 cents per share.
Diamond Offshore Drilling, Inc. ( DO: chart), drilling company, reported Q3 net income of 60 cents per share, up from 2 cents per share in the same period a year ago on revenue growth. Q3 results of current quarter reflect the impact of hurricanes Katrina and Rita. The Company recorded a Q3 after-tax gain of 16 cents per share, related to insurance proceeds from the previously reported casualty loss of the 300-ft. jack-up Ocean Warwick.
Air Products ( APD: chart), gases, chemicals and equipment company, reported Q4 net income of 79 cents a share, up from 73 cents a share in the year-ago period on 5% revenue growth and improved pricing and energy costs pass-throughs, topping analysts’ expectations of 77 cents a share. The company added the impact of recent hurricanes cut earnings by 6 cents a share. |