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Earnings Analysis: 
EOG Resources Net Falls; CBS Sales Down 1%
Author: Trupti Mehta
123jump.com
Last Update: 12:24 PM ET November 06 2009


EOG Resources, Inc third quarter sales fell 69% to $1.01 billion and net income fell 99.7% to $4.2 million or 2 cents a share. CBS Corporation third quarter revenues fell 1% to $3.35 billion and net income was $207.6 million or 30 cents a share.

 
[R]4:30AM New York - EOG Resources, Inc sales fell 69% and net income fell 99.7%. CBS Corporation revenues fell 1% and net income was $207.6 million.[/R]

Amerisafe, Inc., an insurer said third quarter revenues fell 12% to $67.2 million from $76.3 million a year ago. Net income in the quarter rose 12.7% to $15.1 million or 74 cents per diluted share compared to net income of $13.4 million or 65 cents per share a year ago.

Amerisafe, Inc. (AMSF: chart) in the last one year traded as high as $21.97 in January 2009 and as low as $12.51 in November 2008. Based on the yesterday’s closing price of $18.63 the company has market cap of $351.48 million.

Arena Resources, Inc, an oil and natural gas exploration company said third quarter revenues fell 47% to $36.1 million from $68.4 million a year ago. Net income in the quarter fell 55% to $12.1 million or 31 cents per diluted share compared to net income of $26.9 million or 69 cents per share a year ago.

Arena Resources, Inc (ARD: chart) in the last one year traded as high as $44.25 in October 2009 and as low as $17.63 in November 2008. Based on the yesterday’s closing price of $42.81 the company has market cap of $1.64 billion.

Atmel Corporation, the chipmaker said third quarter revenues fell 20.6% to $317.7 million from $400.0 million a year ago. Net loss in the quarter was $17.5 million or 4 cents per diluted share compared to net loss of $4.7 million or 1 cent per share a year ago.

Atmel Corporation (ATML: chart) in the last one year traded as high as $4.69 in November 2008 and as low as $2.52 in December 2008. Based on the yesterday’s closing price of $3.91 the company has market cap of $1.76 billion.

Blue Nile, Inc, an online jewelry retailer said third quarter sales rose 2.3% to $66.9 million from $65.4 million a year ago. Net income in the quarter rose 13% to $2.6 million or 17 cents per diluted share compared to net income of $2.3 million or 15 cents per share a year ago.

Blue Nile, Inc (NILE: chart) in the last one year traded as high as $67.16 in October 2009 and as low as $18.34 in January 2009. Based on the yesterday’s closing price of $58.72 the company has market cap of $853.09 million.

California Pizza Kitchen, Inc, a restaurant chain said third quarter sales fell 5.3% to $164.8 million from $174 million a year ago. Net income in the quarter rose 16% to $5.8 million or 24 cents per diluted share compared to net income of $5 million or 20 cents per share a year ago.

California Pizza Kitchen, Inc (CPKI: chart) in the last one year traded as high as $17.44 in April 2009 and as low as $5.24 in November 2008. Based on the yesterday’s closing price of $13.84 the company has market cap of $334.19 million.

CBS Corporation, the mass media company said third quarter revenues fell 1% to $3.35 billion from $3.38 billion a year ago. Net income in the quarter was $207.6 million or 30 cents per diluted share compared to net loss of $12.5 billion or $18.58 per share a year ago.

CBS Corporation (CBS: chart) in the last one year traded as high as $14.04 in October 2009 and as low as $3.06 in March 2009. Based on the yesterday’s closing price of $12.79 the company has market cap of $8.67 billion.

Choice Hotels International, Inc, the hotel franchisor said third quarter revenues fell 13% to $166 million from $191.2 million a year ago. Net income in the quarter fell 8.6% to $32.8 million or 55 cents per diluted share compared to net income of $35.9 million or 57 cents per share a year ago.

Choice Hotels International, Inc (CHH: chart) in the last one year traded as high as $33.30 in October 2009 and as low as $19.72 in November 2008. Based on the yesterday’s closing price of $31.59 the company has market cap of $1.90 billion.

Eclipsys Corporation, the provider of clinical and revenue cycle software said third quarter revenues fell 5.2% to $125.5 million from $132.4 million a year ago. Net income in the quarter fell 95.5% to $3.9 million or 7 cents per diluted share compared to net income of $87.4 million or $1.58 per share a year ago.

Eclipsys Corporation (ECLP: chart) in the last one year traded as high as $21.15 in October 2009 and as low as $7.39 in March 2009. Based on the yesterday’s closing price of $19.56 the company has market cap of $1.11 billion.

EOG Resources, Inc, the oil and gas company said third quarter sales fell 69% to $1.01 billion from $3.26 billion a year ago. Net income in the quarter fell 99.7% to $4.2 million or 2 cents per diluted share compared to net income of $1.56 billion or $6.20 per share a year ago.

EOG Resources, Inc (EOG: chart) in the last one year traded as high as $95.86 in October 2009 and as low as $45.03 in February 2009. Based on the yesterday’s closing price of $88.03 the company has market cap of $22.18 billion.

Home Properties, Inc, the real estate investment trust said third quarter revenues rose 2% to $126.3 million from $123.8 million a year ago. Net income in the quarter fell 22% to $5.3 million or 16 cents per diluted share compared to net income of $6.8 million or 21 cents per share a year ago.
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Market data: BATS Exchange. Inc.

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