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Earnings Analysis: 
Ford Motor Sales Up 15%; E. I. du Pont Net Rises
Author: Mita Yagnik
123jump.com
Last Update: 9:21 AM ET April 27 2010


Ford Motor Company first quarter revenues rose 15% to $28.1 billion and net income was $2.1 billion or 50 cents a share. E. I. du Pont de Nemours and Company first quarter sales rose 23.4% to $8.48 billion and net income rose 132% to $1.13 billion or $1.24 a share.

 
[R]9:20AM New York - Ford Motor Company revenue rose 15% and net income was $2.1 billion. E. I. du Pont de Nemours and Company sales rose 23.4% and net income rose 132%.[/R]

AMETEK, Inc (AME: chart), the manufacturer of electronic instruments and electromechanical devices reported first quarter sales rose 1% to $556.7 million from $552.9 million a year ago. Net income in the quarter fell 2% to $57.9 million or 54 cents per diluted share compared to net income of $59.1 million or 55 cents per share a year ago.

AMETEK, Inc, in the last one year traded as high as $43.71 in April 2010 and as low as $29.62 in May 2009. Based on the yesterday’s closing price of $43.25 the company has market cap of $4.67 billion.

Ashland Inc (ASH: chart), the specialty chemicals company reported second quarter sales rose 13% to $2.25 billion from $1.99 billion a year ago. Net income in the quarter fell 54% to $22 million or 27 cents per diluted share compared to net income of $48 million or 65 cents per share a year ago.

Ashland Inc, in the last one year traded as high as $63.73 in April 2010 and as low as $17.02 in April 2009. Based on the yesterday’s closing price of $62.31 the company has market cap of $4.86 billion.

BE Aerospace, Inc (BEAV: chart), the supplier of aircraft interior products reported first quarter sales fell 11.5% to $463.5 million from $523.7 million a year ago. Net income in the quarter fell 11% to $33.8 million or 34 cents per diluted share compared to net income of $37.9 million or 38 cents per share a year ago.

BE Aerospace, Inc, in the last one year traded as high as $31.30 in March 2010 and as low as $8.90 in April 2009. Based on the yesterday’s closing price of $31.12 the company has market cap of $3.18 billion.

BP p.l.c. (BP: chart), an oil and gas company said first quarter revenues rose 54.5% to $73.1 billion to $47.3 billion a year ago. Net income for the quarter rose 135% to $6.1 billion or 31.99 cents per diluted share compared to net income of $2.6 billion or 13.54 cents per share a year ago.

BP p.l.c., in the last one year traded as high as $62.38 in January 2010 and as low as $41.44 in April 2009. Based on the yesterday’s closing price of $57.91 the company has market cap of $181.19 billion.

Coca-Cola Enterprises Inc (CCE: chart), the bottler of Coca-Cola Co reported first quarter sales fell 1.5% to $4.97 billion from $5.05 billion a year ago. Net income in the quarter rose 74% to $106 million or 21 cents per diluted share compared to net income of $61 million or 13 cents per share a year ago.

Coca-Cola Enterprises Inc, in the last one year traded as high as $28.93 in April 2010 and as low as $15.05 in April 2009. Based on the yesterday’s closing price of $28.15 the company has market cap of $13.84 billion.

Diebold, Incorporated (DBD: chart), the provider of integrated self-service delivery and security systems and services reported first quarter sales fell 6% to $619.0 million from $657.3 million a year ago. Net income in the quarter was $23.9 million or 36 cents per diluted share compared to net income of $1.6 million or 2 cents per share a year ago.

Diebold, Incorporated, in the last one year traded as high as $35.20 in April 2010 and as low as $22.76 in April 2009. Based on the yesterday’s closing price of $34.21 the company has market cap of $2.27 billion.

E. I. du Pont de Nemours and Company (DD: chart), the chemical maker reported first quarter sales rose 23.4% to $8.48 billion from $6.87 billion a year ago. Net income in the quarter rose 132% to $1.13 billion or $1.24 per diluted share compared to net income of $488 million or 54 cents per share a year ago.

E. I. du Pont de Nemours and Company, in the last one year traded as high as $41.15 in April 2010 and as low as $23.91 in July 2009. Based on the yesterday’s closing price of $40.95 the company has market cap of $37.08 billion.

Ford Motor Company (F: chart), the automaker reported first quarter revenues rose 15% to $28.1 billion from $24.4 billion a year ago. Net income in the quarter was $2.1 billion or 50 cents per diluted share compared to net loss of $1.4 billion or 60 cents per share a year ago.

Ford Motor Company, in the last one year traded as high as $14.57 in April 2010 and as low as $4.71 in April 2009. Based on the yesterday’s closing price of $14.46 the company has market cap of $49.09 billion.

FPL Group, Inc (FPL: chart), the wind and solar power producer reported first quarter sales fell 2.2% to $3.62 billion from $3.71 billion a year ago. Net income in the quarter rose 53% to $556 million or $1.36 per diluted share compared to net income of $364 million or 90 cents per share a year ago.

FPL Group, Inc, in the last one year traded as high as $60.61 in July 2009 and as low as $45.29 in February 2010. Based on the yesterday’s closing price of $51.06 the company has market cap of $21.16 billion.

The McGraw-Hill Companies, Inc (MHP: chart), the information services provider reported first quarter sales rose 3.5% to $1.19 billion from $1.15 billion a year ago. Net income in the quarter rose 64% to $103.4 million or 33 cents per diluted share compared to net income of $63.0 million or 20 cents per share a year ago.
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Market data: BATS Exchange. Inc.

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