W&T Offshore Inc. ( WTI: chart), oil and gas company, said that Q3 net income climbed 40% to 80 cents a share from 58 cents a share in the same period last year on 27% higher revenue, missing analysts’ forecasts of 86 cents a share. The company also said that on account of Hurricanes Katrina and Rita, it deferred 5.3 billion cubic feet equivalent of production in Q3 and will defer 11.7 Bcfe in Q4.
Green Mountain Coffee Roasters, Inc. ( GMCR: chart), roasted coffee distributor, reported that Q4 net income rose to 31 cents a share, up from 27 cents a share in the same period last year on 14.6% sales growth. Total coffee pounds shipped were up 9.3%. The Company''s net income in Q4 includes recognition of non-cash income of $0.01 per share as a result of its equity investment in Keurig, Inc. as compared to a non-cash loss of $0.04 per share in Q4 of fiscal 2004.
ING Group ( ING: chart), insurance and banking services company, reported that Q3 net profit advanced to 1.88 billion euros on 44.6% rise in banking profit while insurance profit increased only 4.9%. Sequential growth of 41% at its Internet savings bank ING Direct helped banking results, while year-ago earns of 348 million euros from equity sales weighed on insurance results. |