AES, ( AES: chart), revenue soared 18%. The company was expected to earn 19 cents a share, according to analysts’ forecasts. AES added it expects 2006 earnings from continuing operations of 90 cents a share and adjusted earnings of 95 cents a share, compared to analyst estimate of $1.02 a share.
Layne Christensen Co, ( LAYN: chart), energy markets provider, reported that Q4 profit advanced to 20 cents a share, more than double from 9 cents a share in the year-earlier period on 63.8% revenue growth, missing analysts’ forecasts for a profit of 25 cents a share. The advance in profitability during the quarter was primarily due to strong performance by the energy and geoconstruction divisions.
Walgreen Co, ( WAG: chart), drug store operator, reported that March same-store sales advanced 4.3%, while total sales advanced 9.2%. This year\''s March sales were influenced by the shift of the Easter holiday to April from March last year. To combat the \""Easter effect,\"" Walgreen will report next month total and same-store sales for both April and for the combined months of March and April.
Delta & Pine Land Co, ( DLP: chart), cotton seed manufacturer, reported Q2 net income of 40 cents a share, down from 48 cents a share in the year-ago on 4% revenue decline. Delta & Pine raised its 2006 earnings outlook to $1.15 to $1.25 a share, after charges of 10 cents a share related to its lawsuit against Pharmacia Inc. and Monsanto Co. |