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Earnings Analysis: 
Murphy Oil Net Falls 13%; Symantec Corp Sales Rise
Author: Mita Yagnik
123jump.com
Last Update: 5:12 AM ET May 06 2010



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Murphy Oil Corporation first quarter revenues rose 50% to $5.18 billion and net income fell 13% to $148.9 million or 77 cents a share. Symantec Corporation fourth quarter revenues rose 4% to $1.53 billion and net income was $184 million or 23 cents a share.

 
[R]5:10AM New York - Murphy Oil Corporation revenue rose 50% and net income fell 13%. Symantec Corporation revenue rose 4% and net income was $184 million.[/R]

BMC Software, Inc (BMC: chart), the business software maker said fourth quarter revenues rose 2.5% to $491.3 million from $479.3 million a year ago. Net income in the quarter rose 42.6% to $118.8 million or 64 cents per diluted share compared to net income of $83.3 million or 44 cents per share a year ago.

Total revenues for the fiscal year 2010 rose 2.1% to $1.91 billion from $1.87 billion a year ago. Net income for the year rose 70.6% to $406.1 million or $2.17 per diluted share compared to net income of $238.1 million or $1.25 per share a year ago.

BMC Software, Inc, in the last one year traded as high as $41.27 in April 2010 and as low as $31.00 in February 2010. Based on the yesterday’s closing price of $38.08 the company has market cap of $6.95 billion.

Con-way Inc (CNW: chart), the trucking company said first quarter sales rose 20.5% to $1.16 billion from $962.9 million a year ago. Net loss in the quarter was $4.0 million or 8 cents per diluted share compared to net loss of $154.0 million or $3.35 per share a year ago.

Con-way Inc, in the last one year traded as high as $48.32 in August 2009 and as low as $25.03 in May 2009. Based on the yesterday’s closing price of $37.67 the company has market cap of $1.87 billion.

Copa Holdings, S.A. (CPA: chart), the airline said first quarter revenues rose 8.5% to $335.2 million from $308.8 million a year ago. Net income in the quarter fell 48.7% to $36.7 million or 84 cents per diluted share compared to net income of $71.6 million or $1.63 per share a year ago.

Copa Holdings, S.A, in the last one year traded as high as $63.08 in April 2010 and as low as $32.12 in May 2009. Based on the yesterday’s closing price of $54.80 the company has market cap of $2.38 billion.

drugstore.com, inc (DSCM: chart), an online provider of health, beauty, vision and pharmacy products said first quarter sales rose 20.3% to $118.3 million from $98.3 million a year ago. Net loss in the quarter was $2.6 million or 3 cents per diluted share compared to net income of $854,000 or 1 cent per share a year ago.

drugstore.com, inc, in the last one year traded as high as $3.95 in April 2010 and as low as $1.35 in May 2009. Based on the yesterday’s closing price of $3.70 the company has market cap of $391.40 million.

Expeditors International of Washington, Inc (EXPD: chart), the logistics services provider said first quarter revenues rose 31.6% to $1.20 billion from $912.7 million a year ago. Net income in the quarter rose 3.2% to $61.2 million or 28 cents per diluted share compared to net income of $59.3 million or 27 cents per share a year ago.

Expeditors International of Washington, Inc, in the last one year traded as high as $42.36 in May 2010 and as low as $24.50 in July 2009. Based on the yesterday’s closing price of $40.64 the company has market cap of $8.63 billion.

JDS Uniphase Corporation (JDSU: chart), the communications equipment company said third quarter revenues rose 19% to $332.3 million from $279.1 million a year ago. Net loss in the quarter was $11.9 million or 5 cents per diluted share compared to net loss of $101.7 million or 47 cents per share a year ago.

JDS Uniphase Corporation, in the last one year traded as high as $13.95 in April 2010 and as low as $4.44 in May 2009. Based on the yesterday’s closing price of $13.70 the company has market cap of $3.00 billion.

Mastec, Inc (MTZ: chart), a communication and energy infrastructure provider said first quarter revenues rose 31.6% to $450.2 million from $342.1 million a year ago. Net income in the quarter fell 38% to $7.4 million or 10 cents per diluted share compared to net income of $11.9 million or 16 cents per share a year ago.

Mastec, Inc, in the last one year traded as high as $14.00 in January 2010 and as low as $9.15 in August 2009. Based on the yesterday’s closing price of $12.47 the company has market cap of $947.64 million.

Murphy Oil Corporation (MUR: chart), the oil company said first quarter revenues rose 50% to $5.18 billion from $3.45 billion a year ago. Net income in the quarter fell 13% to $148.9 million or 77 cents per diluted share compared to net income of $171.1 million or 89 cents per share a year ago.

Murphy Oil Corporation, in the last one year traded as high as $65.12 in October 2009 and as low as $49.00 in February 2010. Based on the yesterday’s closing price of $56.38 the company has market cap of $10.79 billion.

Symantec Corporation (SYMC: chart), the maker of the Norton antivirus software said fourth quarter revenues rose 4% to $1.53 billion from $1.47 billion a year ago. Net income in the quarter was $184 million or 23 cents per diluted share compared to net loss of $264 million or 32 cents per share a year ago.

Total net revenues for the fiscal year 2010 fell 2.4% to $6.0 billion from $6.15 billion a year ago. Net income for the year was $714 million or 87 cents per diluted share compared to net loss of $6.79 billion or $8.17 per share a year ago.

Symantec Corporation, in the last one year traded as high as $19.16 in January 2010 and as low as $13.97 in May 2009. Based on the yesterday’s closing price of $16.23 the company has market cap of $13.09 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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