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Earnings Analysis: 
Fluor Net Falls 27%, Express Script Net Surges
Author: Trupti Mehta
123jump.com
Last Update: 3:22 AM ET February 26 2009


Express Scripts, Inc fourth quarter revenues fell 0.7% to $5.51 billion and net income rose 49% to $206.8 million or 83 cents a share. Fluor Corporation fourth quarter sales rose 29% to $6.07 billion and net income fell 27% to $190.1 million or $1.04 a share.

 
[R]3:00AM New York- Express Scripts, Inc revenue fell 0.7% and net income rose 49%. Flowserve Corporation sales rose 5.4% and net income rose 19.3%. Fluor Corporation sales rose 29% and net income fell 27%. [/R]

Aegean Marine Petroleum Network, Inc, the marine fuel logistics company said fourth quarter revenues rose 10.7% to $554.3 million from $500.6 million a year ago. Net income in the quarter rose 108% to $13.1 million or 31 cents per diluted share compared to net income of $6.3 million or 15 cents per share a year ago.

Total revenues for the fiscal year 2008 rose 105.9% to $2.78 billion from $1.35 billion a year ago. Net income for the year rose 44% to $39.9 million or 94 cents per diluted share compared to net income of $27.7 million or 65 cents per share a year ago.

Aegean Marine Petroleum Network, Inc (ANW: chart) in the last one year traded as high as $44.43 in June 2008 and as low as $7.62 in November 2008. Based on the yesterday’s closing price of $16.87 the company has market cap of $717.17 million.

ASM International N.V., Dutch semiconductor equipment maker said fourth quarter sales fell 21% to €150.9 million from €236.9 million a year ago. Net loss in the quarter was €6.2 million or 12 euros per diluted share compared to net income of €19.1 million or 33 euros per share a year ago.

Net sales for the fiscal year 2008 fell 22% to €747.4 million from €955.2 million a year ago. Net income for the year fell 70% to €18.4 million or 35 euros per diluted share compared to net income of €61.0 million or €1.06 per share a year ago.

ASM International N.V. (ASMI: chart) in the last one year traded as high as €33.60 in June 2008 and as low as €6.35 in December 2008. Based on the yesterday’s closing price of €7.40 the company has market cap of €401.64 million.

California Water Service Group, the water service provider said fourth quarter revenues rose 17% to $100.1 million from $85.9 million a year ago. Net income in the quarter fell 9% to $7.3 million or 35 cents per diluted share compared to net income of $8.0 million or 39 cents per share a year ago.

Operating revenues for the fiscal year 2008 rose 12% to $410.3 million from $367.1 million a year ago. Net income for the year rose 28% to $39.8 million or $1.90 per diluted share compared to net income of $31.2 million or $1.50 per share a year ago.

California Water Service Group (CWT: chart) in the last one year traded as high as $48.28 in December 2008 and as low as $27.68 in October 2008. Based on the yesterday’s closing price of $40.88 the company has market cap of $846.90 million.

Cogent, Inc, the fingerprinting device maker said fourth quarter revenues rose 83% to $40.0 million from $21.9 million a year ago. Net income in the quarter rose 49% to $11.5 million or 13 cents per diluted share compared to net income of $7.7 million or 8 cents per share a year ago.

Total revenues for the fiscal year 2008 rose 19% to $125.7 million from $105.8 million a year ago. Net income for the year rose 58% to $45.2 million or 50 cents per diluted share compared to net income of $28.6 million or 30 cents per share a year ago.

Cogent, Inc (COGT: chart) in the last one year traded as high as $14.40 in December 2008 and as low as $7.88 in October 2008. Based on the yesterday’s closing price of $11.02 the company has market cap of $988.50 million.

Donaldson Company, Inc, the filtration systems provider said second quarter revenues fell 10% to $460.6 million from $511.8 million a year ago. Net income in the quarter fell 0.6% to $33.8 million or 43 cents per diluted share compared to net income of $34 million or 42 cents per share a year ago.

Donaldson Company, Inc (DCI: chart) in the last one year traded as high as $52.33 in June 2008 and as low as $23.40 in November 2008. Based on the yesterday’s closing price of $28.26 the company has market cap of $2.17 billion.

Express Scripts, Inc, the pharmacy benefits manager said fourth quarter revenues fell 0.7% to $5.51 billion from $5.55 billion a year ago. Net income in the quarter rose 49% to $206.8 million or 83 cents per diluted share compared to net income of $138.5 million or 54 cents per share a year ago.

Revenues for the fiscal year 2008 fell 0.7% to $21.98 billion from $21.82 billion a year ago. Net income for the year rose 37% to $776.1 million or $3.08 per diluted share compared to net income of $567.8 million or $2.15 per share a year ago.

Express Scripts, Inc (ESRX: chart) in the last one year traded as high as $77.97 in September 2008 and as low as $48.37 in October 2008. Based on the yesterday’s closing price of $57.46 the company has market cap of $14.22 billion.

Famous Dave''s of America, Inc, a restaurant operator said fourth quarter revenues rose 4.4% to $32.8 million from $31.4 million a year ago. Net loss in the quarter was $1.96 million or 22 cents per diluted share compared to net income of $0.80 million or 8 cents per share a year ago.

Total revenues for the fiscal year 2008 rose 11.5% to $140.4 million from $125.9 million a year ago. Net income for the year dropped to $389,000 or 4 cents per diluted share compared to net income of $6.1 million or 59 cents per share a year ago.
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Market data: BATS Exchange. Inc.

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