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Earnings Analysis: 
Aetna Net Plunges 57%, Co-Cola Net Drops 18%
Author: 123jump.com Staff
123jump.com
Last Update: 1:25 PM ET February 12 2009


Aetna Inc fourth quarter revenues rose 9% to $7.76 billion and net income fell 57% to $194.7 million or 42 cents a share. The Coca-Cola Company fourth quarter revenues fell 3% to $7.13 billion and net income fell 18% to $995 million or 43 cents a share. TOTAL S.A. fourth quarter revenues fell 10%.

 
10:00AM New York - Aetna Inc revenue rose 9% and net income fell 57%. The Coca-Cola Company revenue fell 3% and net income fell 18%. TOTAL S.A. revenue fell 10% and net loss was €794 million.[/R]

Aetna Inc, the health insurer reported fourth quarter revenues rose 9% to $7.76 billion from $7.14 billion a year ago. Net income in the quarter fell 57% to $194.7 million or 42 cents per diluted share compared to net income of $448.4 million or 87 cents per share a year ago.

Revenues for the fiscal year 2008 rose 12% to $31 billion from $27.6 billion a year ago. Net income for the fiscal year 2008 fell 24% to $1.38 billion $2.84 per diluted share compared to net income of $1.83 billion or $3.47 per share a year ago.

Aetna Inc (AET: chart) in the last one year traded as high as $52.90 in February 2008 and as low as $14.21 in November 2008. Based on the yesterday''s closing price of $32.24 the company has market cap of $14.87 billion.

BorgWarner Inc, a global supplier of engineered systems and components for vehicle powertrain applications worldwide reported fourth quarter sales fell 32% to $931.5 million from $1.37 billion a year ago. Net loss in the quarter was $81.4 million or 70 cents per diluted share compared to net income of $71.2 million or 60 cents per share a year ago.

Net sales for the fiscal year 2008 fell 1% to $5.26 billion from $5.3 billion a year ago. Net loss for the fiscal year 2008 was $35.6 million $31 cents per diluted share compared to net income of $288.5 million or $2.45 per share a year ago.

BorgWarner Inc (BWA: chart) in the last one year traded as high as $55.99 in May 2008 and as low as $15.00 in November 2008. Based on the yesterday''s closing price of $18.89 the company has market cap of $2.19 billion.

Command Security Corporation a provider of aviation and security services reported third quarter revenues rose 8.2% to $32.7 million from $30.2 million a year ago. Net income in the quarter rose 54% to $248.8 million or 2 cents per diluted share compared to net income of $540.5 million or 5 cents per share a year ago.

Command Security Corporation (MOC: chart) in the last one year traded as high as $4.49 in February 2008 and as low as $2.25 in November 2008. Based on the yesterday''s closing price of $3.49 the company has market cap of $37.54 million.

NovaMed, Inc, a health care services company reported fourth quarter revenues rose 8.7% to $36.2 million from $33.3 million a year ago. Net income in the quarter was $2.4 million or 10 cents per diluted share compared to net loss of $10.5 million or 42 cents per share a year ago.

Total net revenues for the fiscal year 2008 rose 10% to $141.2 million from $128.6 million a year ago. Net income for the fiscal year 2008 was $9.6 million 38 cents per diluted share compared to net loss of $5.6 million or 22 cents per share a year ago.

NovaMed, Inc (NOVA: chart) in the last one year traded as high as $5.01 in September 2008 and as low as $2.50 in November 2008. Based on the yesterday''s closing price of $2.77 the company has market cap of $65.41 million.

Patni Computer Systems Limited, a provider of information technology services reported fourth quarter revenues rose 1.3% to $176.4 million from $174.1 million a year ago. Net income in the quarter fell 36.4% to $16.1 million or 12 cents per diluted share compared to net income of $25.3 million or 18 cents per share a year ago.

Revenues for the fiscal year 2008 rose 8.4% to $718.9 million from $662.9 million a year ago. Net income for the fiscal year 2008 fell 11% to $101.4 million 75 cents per diluted share compared to net income of $114.0 million or 82 cents per share a year ago.

Patni Computer Systems Limited (PTI: chart) in the last one year traded as high as $14.12 in April 2008 and as low as $4.56 in January 2009. Based on the yesterday''s closing price of $5.80 the company has market cap of $403.28 million.

Potlatch Corporation, a real estate investment trust reported fourth quarter revenues fell 8% to $93.6 million from $101.7 million a year ago. Net loss in the quarter was $4.3 million or 11 cents per diluted share compared to net income of $11.2 million or 28 cents per share a year ago.

Revenues for the fiscal year 2008 rose 4% to $440 million from $423.5 million a year ago. Net income for the fiscal year 2008 fell 7% to $52.6 million $1.32 per diluted share compared to net income of $56.4 million or $1.43 per share a year ago.

Potlatch Corporation (PCH: chart) in the last one year traded as high as $54.79 in September 2008 and as low as $20.29 in December 2008. Based on the yesterday''s closing price of $26.17 the company has market cap of $1.03 billion.

Stifel Financial Corp, a financial services company reported fourth quarter revenues rose 8% to $228.2 million from $212.2 million a year ago. Net income in the quarter rose 29% to $17.8 million or 59 cents per diluted share compared to net income of $13.8 million or 51 cents per share a year ago.

Net revenues for the fiscal year 2008 rose 13.7% to $867.5 million from $763.1 million a year ago. Net income for the fiscal year 2008 rose 78% to $57.2 million $2.04 per diluted share compared to net income of $32.2 million or $1.25 per share a year ago.
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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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