Established 1999
     
8,000 companies from USA and India.  
   
Search over 25,500 news articles and 8,000 companies earnings    
 
Earnings Analysis: 
CNA Financial Plunges; Verizon Surges
Author: 123jump.com Staff
123jump.com
Last Update: 11:56 AM ET October 27 2008


Arch Coal third quarter revenues rose 28% to $769.5 million and net income rose 258% to $97.8 million or 68 cents a share. BE Aerospace, Inc third quarter revenues rose 37.3% to $587.8 million and net income rose 16% to $51.8 million or 54 cents a share. CNA Financial swung to a loss.

 
[R]11:55AM New York - Alberto-Culver revenue increased 7.3% and net income rose 303%. Arch Coal, Inc revenue rose 28% and net income rose 258%. BE Aerospace, Inc revenue rose 37.3% and net income rose 16%.[/R]

Alberto-Culver Company, a marketer of personal care products reported fourth quarter revenues rose 7.3% to $386.0 million from $359.7 million a year ago. Net income in the quarter rose 303% to $147.1 million or $1.48 per diluted share compared to net income of $36.5 million or 36 cents per share, a year ago.

Net sales for fiscal year 2008 increased 9.7% to $1.44 billion from $1.32 billion in the prior year. Pre-tax income from continuing operations, which includes restructuring and discrete items of $7.3 million in the current year and $33.1 million in the prior year, increased to $170.8 million from $100.8 million in the prior year.

Diluted earnings per share from continuing operations increased to $1.05 from 74 cents in the prior year. Diluted earnings per share from continuing operations, excluding restructuring and discrete items increased to $1.18 compared to 91 cents in the prior year, an increase of 29.7%.

Alberto-Culver Company (ACV: chart) in the last one year traded as high as $29.40 in September 2008 and as low as $20.53 in October 2008. Based on the Friday’s trading closing price the company has a market cap of $2.11 billion.

Arch Coal, Inc, a coal miner reported third quarter revenues rose 28% to $769.5 million from $599.2 million a year ago. Net income in the quarter rose 258% to $97.8 million or 68 cents per diluted share compared to net income of $27.3 million or 19 cents per share a year ago.

Arch Coal, Inc (ACI: chart) in the last one year traded as high as $77.40 in July 2008 and as low as $16.65 in October 2008. Based on the Friday’s trading closing price the company has a market cap of $2.67 billion.

BE Aerospace, Inc, the world''s largest plane seat maker reported third quarter revenues rose 37.3% to $587.8 million from $428.2 million a year ago. Net income in the quarter rose 16% to $51.8 million or 54 cents per diluted share compared to net income of $44.5 million or 48 cents per share, a year ago.

BE Aerospace, Inc (BEAV: chart) in the last one year traded as high as $54.09 in December 2007 and as low as $7.50 in October 2008. Based on the Friday’s trading closing price the company has a market cap of $967.48 million.

Canon Inc, Japanese electronics goods maker reported third quarter revenues fell 6.2% to 985.9 billion yen from 1.05 trillion yen a year ago. Net income in the quarter fell 21% to 83.04 billion yen or 65.91 yen per diluted share compared to net income of 105.03 billion or 81.93 yen per share, a year ago.

Canon Inc (CAJ: chart) in the last one year in New York traded as high as $66.05 in May 2008 and as low as $25.60 in October 2008. Based on the Friday’s trading closing price the company has a market cap of $35.48 billion.

CNA Financial Corporation, an insurance holding company reported third quarter net loss in the quarter of $331 million or $1.23 per diluted share compared to net income of $174 million or 64 cents per share, a year ago.

CNA Financial Corporation (CNA: chart) in the last one year traded as high as $41.52 in October 2007 and as low as $12.49 in October 2008. Based on the Friday’s trading closing price the company has a market cap of $4.75 billion.

FPL Group, Inc, electric utility services provider reported third quarter revenues rose 18% to $5.39 billion from $4.58 billion a year ago. Net income in the quarter rose 45% to $774 million or $1.92 per diluted share compared to net income of $533 million or $1.33 per share, a year ago.

FPL Group, Inc (FPL: chart) in the last one year traded as high as $73.75 in December 2007 and as low as $33.81 in October 2008. Based on the Friday’s trading closing price the company has a market cap of $17.65 billion.

Humana Inc, the health insurer reported third quarter revenues rose 13% to $7.15 billion from $6.32 billion a year ago. Net income in the quarter fell 40% to $183 million or $1.09 per diluted share compared to net income of $302.4 million or $1.78 per share, a year ago.

Humana Inc (HUM: chart) in the last one year traded as high as $88.10 in January 2008 and as low as $29.01 in October 2008. Based on the Friday’s trading closing price the company has a market cap of $6.13 billion.

ICICI Bank Limited, India''s largest private bank reported second quarter net income fell 27.5% to $138.6 million.

ICICI Bank Limited (IBN: chart) in the last one year traded as high as $74.25 in January 2008 and as low as $11.50 in October 2008. Based on the Friday’s trading closing price the company has a market cap of $6.92 billion.

Loews Corporation, the insurance and hotel property management company reported third quarter revenues rose 4% to $3.01 billion from $2.89 billion a year ago. Net loss in the quarter was $137 million or 31 cents per diluted share compared to net income of $555 million or 77 cents per share a year ago.
Continue..

 


Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

Other Sites:
© 1999-2012 123jump.com. All rights reserved