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Earnings Analysis: 
Walt Disney Net Rises 18%; Nordstrom Sales Up
Author: Mita Yagnik
123jump.com
Last Update: 3:16 AM ET November 13 2009



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The Walt Disney Company fourth quarter revenues rose 4.4% to $9.87 billion and net income rose 18% to $895 million or 47 cents a share. Nordstrom, Inc third quarter revenues rose 4.3% to $1.96 billion and net income rose 17% to $83 million or 38 cents a share.

 
[R]3:10AM New York - The Walt Disney Company revenue rose 4.4% and net income rose 18%. Nordstrom, Inc revenue rose 4.3% and net income rose 17%.[/R]

Blockbuster Inc, a provider of media entertainment said third quarter revenues fell 21.5% to $910.5 million from $1.16 billion a year ago. Net loss in the quarter was $116.8 million or 60 cents per diluted share compared to net loss of $20.6 million or 11 cents per share a year ago.

Blockbuster Inc (BBI: chart) in the last one year traded as high as $1.71 in January 2009 and as low as $0.13 in March 2009. Based on the yesterday's closing price of $0.83 the company has market cap of $161.10 million.

Copa Holdings, S.A., the provider of airline passenger and cargo service said third quarter revenues fell 7.2% to $323.7 million from $348.9 million a year ago. Net income in the quarter rose 87.4% to $43.1 million or 99 cents per diluted share compared to net income of $23.0 million or 53 cents per share a year ago.

Copa Holdings, S.A. (CPA: chart) in the last one year traded as high as $48.37 in November 2009 and as low as $18.00 in November 2008. Based on the yesterday's closing price of 47.25 the company has market cap of $2.04 billion.

Darling International Inc., a provider of rendering, recycling and recovery solutions to the food industry said third quarter sales fell 32.3% to $159.9 million from $236.2 million a year ago. Net income in the quarter fell 30% to $16.1 million or 19 cents per diluted share compared to net income of $23.0 million or 28 cents per share a year ago.

Darling International Inc. (DAR: chart) in the last one year traded as high as $8.43 in june 2009 and as low as $2.82 in March 2009. Based on the yesterday's closing price of $6.80 the company has market cap of $559.14 million.

Nordstrom, Inc, the department store operator said third quarter revenues rose 4.3% to $1.96 billion from $1.88 billion a year ago. Net income in the quarter rose 17% to $83 million or 38 cents per diluted share compared to net income of $71 million or 33 cents per share a year ago.

Comparable same-store sales decreased 1.2%.

Nordstrom, Inc (JWN: chart) in the last one year traded as high as $36.52 in October 2009 and as low as $6.61 in November 2008. Based on the yesterday's closing price of $34.51 the company has market cap of $7.48 billion.

The Walt Disney Company, the entertainment company said fourth quarter revenues rose 4.4% to $9.87 billion from $9.45 billion a year ago. Net income in the quarter rose 18% to $895 million or 47 cents per diluted share compared to net income of $760 million or 40 cents per share a year ago.

Revenues for the fiscal year 2009 fell 4.5% to $36.1 billion from $37.8 billion a year ago. Net income for the year fell 25.3% to $3.31 billion or $1.76 per diluted share compared to net income of $4.43 billion or $2.28 per share a year ago.

The Walt Disney Company (DIS: chart) in the last one year traded as high as $29.98 in October 2009 and as low as $15.14 in March 2009. Based on the yesterday's closing price of $29.05 the company has market cap of $53.99 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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