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Earnings Analysis: 
DISH Net Falls 26%; Tyson Foods Sales Up
Author: Mita Yagnik
123jump.com
Last Update: 9:42 AM ET May 10 2010



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DISH Network Corporation first quarter sales rose 5% to $3.06 billion and net income fell 26% to $230.9 million or 52 cents a share. Tyson Foods, Inc second quarter sales rose 9.7% to $6.92 billion and net income was $159 million or 42 cents a share.

 
[R]9:30AM New York - DISH Network Corporation sales rose 5% and net income fell 26%. Tyson Foods, Inc sales rose 9.7% and net income was $159 million.[/R]

Dean Foods Company (DF: chart), the food and beverage company reported first quarter sales rose 10% to $2.97 billion from $2.70 billion a year ago. Net income in the quarter fell 43.3% to $43.2 million or 24 cents per diluted share compared to net income of $76.2 million or 48 cents per share a year ago.

Dean Foods Company, in the last one year traded as high as $22.09 in July 2009 and as low as $14.10 in February 2010. Based on the Friday's closing price of $14.63 the company has market cap of $2.66 billion.

DISH Network Corporation (DISH: chart), the satellite TV provider reported first quarter sales rose 5% to $3.06 billion from $2.91 billion a year ago. Net income in the quarter fell 26% to $230.9 million or 52 cents per diluted share compared to net income of $312.7 million or 70 cents per share a year ago.

DISH Network Corporation, in the last one year traded as high as $23.06 in May 2010 and as low as $14.17 in June 2009. Based on the Friday's closing price of $21.30 the company has market cap of $9.51 billion.

Dynegy Inc (DYN: chart), an energy company reported first quarter sales fell 5% to $858 million from $904 million a year ago. Net income in the quarter was $145 million or 24 cents per diluted share compared to net loss of $335 million or 40 cents per share a year ago.

Dynegy Inc, in the last one year traded as high as $2.67 in October 2009 and as low as $1.15 in April 2010. Based on the Friday's closing price of $1.19 the company has market cap of $715.72 million.

NRG Energy, Inc (NRG: chart), the wholesale power generation company reported first quarter sales rose 33.7% to $2.22 billion from $1.66 billion a year ago. Net income in the quarter fell 70.7% to $58 million or 22 cents per diluted share compared to net income of $198 million or 70 cents per share a year ago.

NRG Energy, Inc, in the last one year traded as high as $29.26 in September 2009 and as low as $18.65 in May 2009. Based on the Friday's closing price of $22.64 the company has market cap of $5.93 billion.

Tyson Foods, Inc (TSN: chart), the meat producer reported second quarter sales rose 9.7% to $6.92 billion from $6.31 billion a year ago. Net income in the quarter was $159 million or 42 cents per diluted share compared to net loss of $119 million or 32 cents per share a year ago.

Tyson Foods, Inc, in the last one year traded as high as $20.57 in April 2010 and as low as $10.76 in August 2009. Based on the Friday's closing price of $18.62 the company has market cap of $7.01 billion.

Watson Pharmaceuticals, Inc (WPI: chart), the specialty pharmaceutical company reported first quarter net revenues rose 28.3% to $856.5 million from $667.4 million a year ago. Net income in the quarter rose 42% to $69.8 million or 57 cents per diluted share compared to net income of $49.1 million or 43 cents per share a year ago.

Watson Pharmaceuticals, Inc, in the last one year traded as high as $43.76 in May 2010 and as low as $28.06 in May 2009. Based on the Friday's closing price of $41.99 the company has market cap of $5.23 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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