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Earnings Analysis: 
Agilent Technologies Net Loss; Nordstrom Net Falls
Author: Trupti Mehta
123jump.com
Last Update: 1:35 AM ET May 15 2009



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Agilent Technologies, Inc second quarter revenues fell 25.3% to $1.09 billion and net loss was $101 million or 29 cents a share. Nordstrom, Inc first quarter sales fell 9% to $1.71 billion and net income fell 32% to $81 million or 37 cents a share.

 
[R]10:00AM New York- Agilent Technologies, Inc revenue fell 25.3% and net loss was $101 million. Nordstrom, Inc sales fell 9% and net income fell 32%.[/R]

Agilent Technologies, Inc, the scientific equipment maker said second quarter revenues fell 25.3% to $1.09 billion from $1.46 billion a year ago. Net loss in the quarter was $101 million or 29 cents per diluted share compared to net income of $173 million or 47 cents per share a year ago.

Agilent Technologies, Inc (A: chart) in the last one year traded as high as $38.00 in June 2008 and as low as $12.02 in March 2009. Based on the yesterday’s closing price of $18.33 the company has market cap of $6.33 billion.

Audiovox Corporation, a electronic products and accessories distributor said fourth quarter sales fell 11.9% to $115.7 million from $131.3 million a year ago. Net loss in the quarter was $70 million or $3.06 per diluted share compared to net loss of $2.2 million or 8 cents per share a year ago.

Net sales for the fiscal year 2008 rose 2% to $603.1 million from $591.4 million a year ago. Net loss for the year was $ 71.0 million or $3.11 per diluted share compared to net income of $8.5 million or 37 cents per share a year ago.

Audiovox Corporation (VOXX: chart) in the last one year traded as high as $11.20 in May 2008 and as low as $2.10 in March 2009. Based on the yesterday’s closing price of $4.94 the company has market cap of $112.96 million.

Blockbuster Inc, operates and franchises entertainment-related stores said first quarter sales fell 20% to $1.12 billion from $1.39 billion a year ago. Net income in the quarter fell 41.5% to $24.9 million or 12 cents per diluted share compared to net income of $42.6 million or 20 cents per share a year ago.

Blockbuster Inc (BBI: chart) in the last one year traded as high as $3.55 in May 2008 and as low as $0.13 in March 2009. Based on the yesterday’s closing price of $1.14 the company has market cap of $220.30 million.

Heelys, Inc, a designer, marketer and distributor of sports products said first quarter sales fell 29% to $9.2 million from $13.1 million a year ago. Net loss in the quarter was $1.3 million or 5 cents per diluted share compared to net loss of $1 million or 4 cents per share a year ago.

Heelys, Inc (HLYS: chart) in the last one year traded as high as $5.74 in July 2008 and as low as $1.10 in March 2009. Based on the yesterday’s closing price of $1.85 the company has market cap of $51.01 million.

Nordstrom, Inc, the upscale department store chain said first quarter sales fell 9% to $1.71 billion from $1.88 billion a year ago. Net income in the quarter fell 32% to $81 million or 37 cents per diluted share compared to net income of $119 million or 54 cents per share a year ago.

Comparable same-store sales decreased 13.2%.

Nordstrom, Inc (JWN: chart) in the last one year traded as high as $38.65 in May 2008 and as low as $6.61 in November 2008. Based on the yesterday’s closing price of $20.95 the company has market cap of $4.51 billion.

Ship Finance International Limited, an operator of oil tankers and bulk carriers first quarter revenues fell 21% to $96.8 million from $121.9 million a year ago. Net income in the quarter fell 29% to $42.7 million or 59 cents per diluted share compared to net income of $59.8 million or 82 cents per share a year ago.

Ship Finance International Limited (SFL: chart) in the last one year traded as high as $32.90 in May 2008 and as low as $4.01 in March 2009. Based on the yesterday’s closing price of $9.58 the company has market cap of $696.88 million.
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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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