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Earnings Analysis: 
Copart Net Rises; Greif Sales Rise 29%
Author: Mita Yagnik
123jump.com
Last Update: 10:44 AM ET June 03 2010



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Copart, Inc third quarter revenues rose 11.7% to $220.3 million and net income rose 5.5% to $44.4 million or 52 cents a share. Greif, Inc second quarter sales rose 29% to $836.6 million and net income was $42.6 million or 73 cents a share.

 
[R]2:00AM New York - Copart, Inc revenue rose 11.7% and net income rose 5.5%. Greif, Inc sales rose 29% and net income was $42.6 million.[/R]

ABM Industries Incorporated (ABM: chart), the provider of facility services said second quarter revenues fell 0.02% to $855.5 million from $855.7 million a year ago. Net income in the quarter fell 33% to $8.6 million or 16 cents per diluted share compared to net income of $12.8 million or 25 cents per share a year ago.

ABM Industries Incorporated, in the last one year traded as high as $23.32 in August 2009 and as low as $16.66 in June 2009. Based on the yesterday’s closing price of $21.81 the company has market cap of $1.13 billion.

Coldwater Creek Inc. (CWTR: chart), a women''s clothing chain said first quarter sales rose 6.4% to $243.1 million from $228.4 million a year ago. Net income in the quarter was $2.3 million or 3 cents per diluted share compared to net loss of $7.6 million or 8 cents per share a year ago.

Comparable same-store sales increased 1.0%.

Coldwater Creek Inc, in the last one year traded as high as $9.20 in September 2009 and as low as $4.10 in December 2009. Based on the yesterday’s closing price of $5.94 the company has market cap of $547.80 million.

Copart, Inc (CPRT: chart), the vehicle seller said third quarter revenues rose 11.7% to $220.3 million from $197.3 million a year ago. Net income in the quarter rose 5.5% to $44.4 million or 52 cents per diluted share compared to net income of $42.1 million or 50 cents per share a year ago.

Copart, Inc, in the last one year traded as high as $38.47 in September 2009 and as low as $30.83 in June 2009. Based on the yesterday’s closing price of $36.38 the company has market cap of $3.07 billion.

Dynamex Inc (DDMX: chart), a same-day courier service said third quarter sales rose 13% to $104.0 million from $92.2 million a year ago. Net income in the quarter rose 62.5% to $2.6 million or 27 cents per diluted share compared to net income of $1.6 million or 17 cents per share a year ago.

Dynamex Inc, in the last one year traded as high as $19.75 in October 2009 and as low as $13.02 in July 2009. Based on the yesterday’s closing price of $16.06 the company has market cap of $156.33 million.

Exide Technologies (XIDE: chart), a battery manufacturer said fourth quarter sales rose 9% to $714.7 million from $654.3 million a year ago. Net income in the quarter was $40.4 million or 53 cents per diluted share compared to net loss of $64.4 million or 85 cents per share a year ago.

Net sales for the fiscal year 2010 fell 19% to $2.69 billion from $3.32 billion a year ago. Net loss for the year was $11.8 million or 16 cents per diluted share compared to net loss of $69.5 million or 92 cents per share a year ago.

Exide Technologies, in the last one year traded as high as $8.87 in January 2010 and as low as $3.03 in June 2009. Based on the yesterday’s closing price of $4.27 the company has market cap of $322.75 million.

Greif, Inc (GEF: chart), the industrial packaging products manufacturer said second quarter sales rose 29% to $836.6 million from $648.0 million a year ago. Net income in the quarter was $42.6 million or 73 cents per diluted share compared to net income of $1.6 million or 3 cents per share a year ago.

Greif, Inc, in the last one year traded as high as $61.02 in April 2010 and as low as $40.18 in July 2009. Based on the yesterday’s closing price of $55.46 the company has market cap of $2.61 billion.

Hovnanian Enterprises, Inc (HOV: chart), a homebuilder said second quarter revenues fell 20% to $318.6 million from $398.0 million a year ago. Net loss in the quarter was $28.6 million or 36 cents per diluted share compared to net loss of $118.6 million or $1.50 per share a year ago.

Hovnanian Enterprises, Inc, in the last one year traded as high as $8.05 in May 2010 and as low as $1.79 in July 2009. Based on the yesterday’s closing price of $6.15 the company has market cap of $476.71 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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