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Earnings Analysis: 
Capital One Sales Fall; Yahoo Net Plunges 78%
Author: Trupti Mehta
123jump.com
Last Update: 12:43 AM ET April 22 2009



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Capital One Financial Corporation first quarter revenues fell 26% to $2.88 billion and net loss was $176.1 million or 45 cents a share. Yahoo! Inc first quarter revenues fell 13% to $1.58 billion and net income fell 78% to $118 million or 8 cents a share.

 
[R]10:00AM New York - Capital One Financial Corporation revenue fell 26% and net loss was $176.1 million. Yahoo! Inc revenue fell 13% and net income fell 78%.[/R]

Advanced Micro Devices, Inc, the global semiconductor company said first quarter revenues fell 20% to $1.2 billion from $1.5 billion a year ago. Net loss in the quarter was $416 million or 66 cents per diluted share compared to net loss of $364 million or 60 cents per share, a year ago.

Advanced Micro Devices, Inc (AMD: chart) in the last one year traded as high as $7.98 in June 2008 and as low as $1.62 in November 2008. Based on the yesterday’s closing price $3.36 the company has market cap of $2.24 billion.

Capital One Financial Corporation, the bank and credit card company said first quarter revenues fell 26% to $2.88 billion from $3.87 billion a year ago. Net loss in the quarter was $176.1 million or 45 cents per diluted share compared to net income of $548.5 million or $1.47 per share, a year ago.

Capital One Financial Corporation (COF: chart) in the last one year traded as high as $63.50 in September 2008 and as low as $7.80 in March 2009. Based on the yesterday’s closing price $15.05 the company has market cap of $5.90 billion.

Harleysville Group Inc, an insurance company said first quarter revenues fell 5.7% to $246.9 million from $261.9 million a year ago. Net income in the quarter fell 28% to $17.3 million or 61 cents per diluted share compared to net income of $24.1 million or 79 cents per share, a year ago.

Harleysville Group Inc (HGIC: chart) in the last one year traded as high as $66.95 in September 2008 and as low as $24.75 in March 2009. Based on the yesterday’s closing price $30.58 the company has market cap of $862.73 million.

Illumina, Inc, the Genetic analysis company said first quarter revenues rose 36% to $165.8 million from $121.9 million a year ago. Net income in the quarter rose 76% to $18.8 million or 14 cents per diluted share compared to net income of $10.7 million or 8 cents per share, a year ago.

Illumina, Inc (ILMN: chart) in the last one year traded as high as $47.88 in August 2008 and as low as $18.82 in November 2008. Based on the yesterday’s closing price $37.16 the company has market cap of $4.56 billion.

Nabors Industries Limited, the Bermuda-based oil and gas drilling company said first quarter revenues fell 14% to $1.14 billion from $1.32 billion a year ago. Net income in the quarter fell 41% to $125.2 million or 44 cents per diluted share compared to net income of $212 million or 74 cents per share, a year ago.

Nabors Industries Limited (NBR: chart) in the last one year traded as high as $50.58 in June 2008 and as low as $8.25 in March 2009. Based on the yesterday’s closing price $14.59 the company has market cap of $4.13 billion.

SanDisk Corporation, the inventor and world’s largest supplier of flash storage cards said first quarter revenues fell 23% to $659.5 million from $850 million a year ago. Net loss in the quarter was $208 million or 92 cents per diluted share compared to net income of $11 million or 5 cents per share, a year ago.

SanDisk Corporation (SNDK: chart) in the last one year traded as high as $33.17 in May 2008 and as low as $5.07 in November 2008. Based on the yesterday’s closing price $13.71 the company has market cap of $3.11 billion.

Tupperware Brands Corporation, the maker of food storage containers said first quarter revenues fell 14.8% to $462.8 million from $543.4 million a year ago. Net income in the quarter fell 20% to $25.6 million or 41 cents per diluted share compared to net income of $32.1 million or 51 cents per share, a year ago.

Tupperware Brands Corporation (TUP: chart) in the last one year traded as high as $44.98 in April 2008 and as low as $10.91 in March 2009. Based on the yesterday’s closing price $21.36 the company has market cap of $1.34 billion.

UAL Corporation, United Airlines operator said first quarter revenues fell 22% to $3.69 billion from $4.7 billion a year ago. Net loss in the quarter was $382 million or $2.64 per diluted share compared to net loss of $549 million or $4.55 per share, a year ago.

UAL Corporation (UAUA: chart) in the last one year traded as high as $22.85 in November 2008 and as low as $2.80 in July 2008. Based on the yesterday’s closing price $6.63 the company has market cap of $953.96 million.

Yahoo! Inc, the global Internet brand said first quarter revenues fell 13% to $1.58 billion from $1.81 billion a year ago. Net income in the quarter fell 78% to $118 million or 8 cents per diluted share compared to net income of $537 million or 37 cents per share, a year ago.

Yahoo! Inc (YHOO: chart) in the last one year traded as high as $29.73 in May 2008 and as low as $8.94 in November 2008. Based on the yesterday’s closing price $14.38 the company has market cap of $20.05 billion.
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Market data: BATS Exchange. Inc.

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