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Earnings Analysis: 
Computer Sciences; Intuit Net Rises
Author: Trupti Mehta
123jump.com
Last Update: 6:56 AM ET May 21 2009



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Computer Sciences Corporation fourth quarter revenues fell 8% to $4.11 billion and net income rose 110% to $382.3 million or $2.51 a share. Intuit Inc third quarter sales rose 9% to $1.43 billion and net income rose 9% to $484.8 million or $1.47 a share.

 
[R]10:00AM New York- Computer Sciences Corporation revenue fell 8% and net income rose 110%. Intuit Inc sales rose 9% and net income rose 9%.[/R]

Advance Auto Parts, Inc, the auto parts retailer said first quarter revenues rose 10% to $1.68 billion from $1.53 billion a year ago. Net income in the quarter rose 14% to $93.6 million or 98 cents per diluted share compared to net income of $82.1 million or 86 cents per share a year ago.

Comparable same store sales rose 8.2%

Advance Auto Parts, Inc (AAP: chart) in the last one year traded as high as $45.52 in August 2008 and as low as $24.03 in October 2008. Based on the yesterday’s closing price of $42.89 the company has market cap of $4.08 billion.

Citi Trends, Inc, a clothing company said first quarter revenues rose 18% to $143.1 million from $121 million a year ago. Net income in the quarter rose 53% to $7.9 million or 54 cents per diluted share compared to net income of $5.2 million or 36 cents per share a year ago.

Citi Trends, Inc (CTRN: chart) in the last one year traded as high as $28.12 in May 2009 and as low as $7.01 in November 2008. Based on the yesterday’s closing price of $22.72 the company has market cap of $333.66 million.

Computer Sciences Corporation, the information technology services provider said fourth quarter revenues fell 8% to $4.11 billion from $4.48 billion a year ago. Net income in the quarter rose 110% to $382.3 million or $2.51 per diluted share compared to net income of $181.7 million or $1.15 per share a year ago.

Revenues for the fiscal year 2008 rose 1.5% to $16.74 billion from $16.5 billion a year ago. Net income in the year rose 105% to $1.12 billion or $7.31 per diluted share compared to net income of $544.6 million or $3.20 per share a year ago.

Computer Sciences Corporation (CSC: chart) in the last one year traded as high as $50.52 in May 2009 and as low as $23.93 in November 2008. Based on the yesterday’s closing price of $37.15 the company has market cap of $5.63 billion.

Hot Topic, Inc, a teen clothier said first quarter revenues rose 10% to $175.1 million from $159 million a year ago. Net income in the quarter was $1.2 million or 3 cents per diluted share compared to net loss of $1.4 million or 3 cents per share a year ago.

Hot Topic, Inc (HOTT: chart) in the last one year traded as high as $13.87 in April 2009 and as low as $4.61 in October 2008. Based on the yesterday’s closing price of $8.75 the company has market cap of $385.36 million.

Intuit Inc, the personal finance software maker said third quarter sales rose 9% to $1.43 billion from $1.31 billion a year ago. Net income in the quarter rose 9% to $484.8 million or $1.47 per diluted share compared to net income of $444.2 million or $1.33 per share a year ago.

Intuit Inc (INTU: chart) in the last one year traded as high as $32.00 in September 2008 and as low as $20.18 in December 2008. Based on the yesterday’s closing price of $25.22 the company has market cap of $8.10 billion.

Limited Brands, Inc, the clothing and personal care products retailer said first quarter revenues fell 10% to $1.73 billion from $1.93 billion a year ago. Net income in the quarter fell 97% to $2.6 million or 1 cent per diluted share compared to net income of $97.8 million or 28 cents per share a year ago.

Limited Brands, Inc (LTD: chart) in the last one year traded as high as $22.16 in September 2008 and as low as $5.98 in March 2009. Based on the yesterday’s closing price of $11.66 the company has market cap of $3.74 billion.

PetSmart, Inc, the pet supplies retailer said first quarter revenues rose 9% to $1.33 billion from $1.21 billion a year ago. Net income in the quarter rose 12% to $46.3 million or 37 cents per diluted share compared to net income of $41.2 million or 32 cents per share a year ago.

PetSmart, Inc (PETM: chart) in the last one year traded as high as $28.86 in September 2008 and as low as $13.27 in November 2008. Based on the yesterday’s closing price of $22.30 the company has market cap of $2.84 billion.

Synopsys, Inc, the maker of software for developing and testing chips said second quarter revenues rose 4% to $336.8 million from $324.6 million a year ago. Net income in the quarter rose 23% to $48.3 million or 33 cents per diluted share compared to net income of $39.4 million or 27 cents per share a year ago.

Synopsys, Inc (SNPS: chart) in the last one year traded as high as $26.61 in May 2008 and as low as $13.94 in November 2008. Based on the yesterday’s closing price of $21.62 the company has market cap of $3.10 billion.
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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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