Established 1999
     
8,000 companies from USA and India.  
   
Search over 25,500 news articles and 8,000 companies earnings    
 
Earnings Analysis: 
LDK Solar, Trina Solar Net Surges
Author: Trupti Mehta
123jump.com
Last Update: 11:04 AM ET November 19 2008



Email article | Print article

BJs Wholesale Club third quarter revenues rose 14% to $2.5 billion and net income rose 24% to $28 million or 48 cents a share. LDK Solar third quarter revenues rose 241% to $542 million and net income rose 113% to $88.4 million or 77 cents a share. Trina Solar third quarter revenues rose 252%.

 
[R]9:30AM New York - BJ''s Wholesale Club, Inc revenue rose 13.4% and net income rose 24%. LDK Solar Co., Ltd revenue rose 241.4% and net income rose 112.5%. Trina Solar Limited revenue rose 252% and net income rose 311.5%.[/R]

BJ''s Wholesale Club, Inc, a warehouse club operator in the eastern United States reported third quarter revenues rose 13.4% to $2.46 billion from $2.17 billion a year ago. Net income in the quarter rose 24% to $28.2 million or 48 cents per diluted share compared to net income of $22.7 million or 35 cents per share a year ago.

Comparable same store sales rose 11.9%.

BJ''s Wholesale Club, Inc (BJ: chart) in the last one year traded as high as $44.29 in July 2008 and as low as $26.36 in January 2008. Based on the yesterday''s closing price of $33.57 the company has market cap of $1.99 billion.

LDK Solar Co., Ltd, a manufacturer of multi-crystalline solar wafers reported third quarter revenues rose 241.4% to $541.8 million from $158.7 million a year ago. Net income in the quarter rose 112.5% to $88.4 million or 77 cents per diluted ADS compared to net income of $41.6 million or 37 cents per ADS a year ago.

LDK Solar Co., Ltd (LDK: chart) in the last one year traded as high as $75.65 in December 2007 and as low as $12.40 in November 2008. Based on the yesterday''s closing price of $14.89 the company has market cap of $1.59 billion.

Ross Stores, Inc the operator of two chains of off-price retail apparel and home accessories stores reported third quarter revenues rose 6% to $1.555 billion from $1.468 billion a year ago. Net income in the quarter rose 17.6% to $57.3 million or 44 cents per diluted share compared to net income of $48.7 million or 36 cents per share a year ago.

Ross Stores, Inc (ROST: chart) in the last one year traded as high as $41.56 in September 2008 and as low as $21.23 in January 2008. Based on the yesterday''s closing price of $25.48 the company has market cap of $3.35 billion.

Trina Solar Limited, an integrated solar power products manufacturer based in China reported third quarter revenues rose 252% to $290.7 million from $82.6 million a year ago. Net income in the quarter rose 311.5% to $32.1 million or $1.17 per diluted share compared to net income of $7.8 million or 31 cents per share a year ago.

Trina Solar Limited (TSL: chart) in the last one year traded as high as $56.50 in December 2007 and as low as $6.85 in November 2008. Based on the yesterday''s closing price of $7.22 the company has market cap of $184.87 million.
More: Earnings Archive

 


Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

Other Sites:
© 1999-2012 123jump.com. All rights reserved