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DAILY EARNINGS

Accenture, Nike Net Up; BlackBerry Loss Widens


Author: Mukesh Buch
ticker.com
Last Update: 12:16 PM ET September 27 2013

10:45 AM New York Accenture fourth-quarter net climbed 14% to $715 million. BlackBerry second-quarter net loss widened to $965 million. Nike second-quarter net surged 33% to $780 million. Thor Ind fourth-quarter net jumped 6% to $58.2 million. Vail Resorts fourth-quarter net loss widened to $59.9 million.

Earnings Review

AZZ Inc (AZZ), the electrical equipment maker reported revenue in the second-quarter ending in August climbed 24% to $189.8 million. Net income in the quarter increased 3% to $16.4 million or 64 cents diluted earnings per share compared to $15.9 million per share or 62 cents per share.

Accenture Plc (ACN), the Ireland-based consulting services provider said revenue in the fourth-quarter ending in August jumped 4% to $7.1 billion. Net income for the quarter climbed 13.5% to $714.9 million or $1.01 diluted earnings per share compared to $630 million per share or 88 cents per share.

For the year 2014, Accenture expects net revenue growth of 2% to 6% in local currency and earnings per share between $4.42 and $4.54.

The company added net revenue for the year grew 3% to $28.6 billion and new bookings increased to $8.4 billion.

BlackBerry Limited (BBRY), the Canada based smartphone maker reported revenue in the second-quarter ending in August plunged 45% to $1.57 billion. Net loss in the quarter widened to $965 million or $1.84 diluted earnings per share compared to $235 million per share or 45 cents per share.

The Finish Line, Inc (FINL), the specialty retailer said net sales in the second-quarter ending in August jumped 13% to $436 million. Comparable store sale in the quarter increased 0.9%.

Net income in the quarter advanced 6% to $26.5 million or diluted earnings 54 cents diluted earnings per share compared to $25 million per share or 49 cents per share.

Nike, Inc. (NIKE), the athletic footwear maker reported revenue in the second-quarter ending in August climbed 8% to $7 billion. Net income in the quarter surged 33% to $780 million or 86 cents diluted earnings per share compared to $567 million per share or 63 cents per share.

Thor Industries, Inc. (THO), the recreation vehicles maker reported net sales in the fourth-quarter ending in July jumped 18.7% to $914 million. Net income in the quarter rose 6.4% to $58.2 million or $1.04 diluted earnings per share compared to $44.4 million per share or 77 cents per share.

Vail Resorts, Inc. (MTN), the ski resort operator stated total revenue in the fourth-quarter ending in July fell 1% to $112.3 million. Net loss in the quarter widened to $59.9 million or $1.67 diluted earnings per share compared to $53.8 million per share or $1.50 per share.
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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