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DAILY EARNINGS

BP, Domino’s, Express Scripts, Pfizer Net Rise


Author: Mukesh Buch
ticker.com
Last Update: 12:06 PM ET April 30 2013

10:45 AM New York – Aetna first quarter net slid 4% to $490 million. BP first quarter net surged to $16.9 billion. Domino’s net surged 66% to $34.4 million. Express Scripts first quarter net climbed 39% to $373 million. Pfizer first quarter net surged 53% to $2.75 billion.

Earnings Review

Aetna Inc. (AET), the healthcare company reported total revenue in the first quarter ending in March climbed 7% to $9.54 billion. Net income in the quarter slid 4% to $490 million or $1.48 a diluted share compared to $511 million or $1.43.

As on March 31, medical membership increased for the fourth consecutive quarter to 18.3 million.

Aetna expects full-year operating earnings per share in the range of $5.50 to $5.60.

Avon Products, Inc. (AVP), the beauty related products maker said total revenues in the first quarter ending in March decreased 4% to $2.5 billion. In the quarter, net loss swung to $13 million or 3 cents a diluted share compared to net income of $26.5 million or 6 cents.

The company said operating profit in the quarter climbed to $172 million and operating margin grew 2.8 percentage points to 6.9% from a year ago period.

Avon added sales in beauty segment dropped 5% but fragrance sales rose 1% while sales in personal care, color and skincare segment declined 3%, 6% and 12%, respectively.

BP Plc (BP), the oil and gas company reported total revenue in the first quarter ending in March surged 10% to $107.2 billion. Net income in the quarter surged nearly two-fold to $16.9 billion or $87.61 a diluted share compared to $5.82 billion or $29.97.

Domino’s Pizza, Inc (DPZ), the pizza delivery company stated total revenue in the first-quarter ending in March jumped 9% to $417.6 million. Domestic same store sales in the quarter increased 6.2%.

Net income in the quarter surged 66% to $34.4 million or 59 cents a diluted share compared to $20.7 million or 35 cents.

Domino’s said international division posted strong results in the quarter with same store sales growth of 6.5% and marked the 77th consecutive quarter of international same store sales growth.

Ecolab Inc. (ECL), the hospitality industry service provider reported net sales in the first quarter ending in March rose 2% to $2.87 billion. Net income in the quarter climbed more than three-fold to $159.6 million or 53 cents a diluted share compared to $49.7 million or 17 cents.

The company added operating income in the quarter soared 58% to $261.7 million.

Harris Corporation (HRS), the information technology company said revenue in the third quarter ending in March climbed 12% to $1.20 billion. In the quarter, net income swung to $94.8 million or 85 cents a diluted share compared to net loss of $353.2 million or $3.15.

Express Scripts Holding Company (ESRX), the healthcare service provider stated revenue in the first quarter ending in March more than doubled to $26 billion. Net income in the quarter climbed 39% to $373 million or 45 cents a diluted share compared to $267.5 million or 55 cents.

For the year, the company expects adjusted earnings per diluted share from continuing operations in the range of $4.20 to $4.30, an increase of 12% to 15%.

NYSE Euronext (NYX), the trading platform provider said revenue in the first quarter ending in March increased 1% to $963 million. Net income in the quarter jumped 15% to $139 million or 57 cents a diluted share compared to $121 million or 47 cents.

NiSource Inc. (NI), the energy holding company reported total net revenue in the first quarter ending in March grew 5% to $1.11 billion. Net income in the quarter advanced 12% to $260.5 million or 83 cents a diluted share compared to $193.4 million or 66 cents.

Office Depot, Inc. (ODP), the office products retailer said sales in the first quarter ending in March declined 5% to $2.72 billion. In the quarter net loss swung to $16.8 million or 6 cents a diluted share compared to net earnings of $41.3 million or 14 cents.

Pfizer Inc. (PFE), the biopharmaceutical company reported revenues in the first quarter ending in March plunged 9% to $13.5 billion. Net income in the quarter surged 53% to $2.75 billion or 38 cents a diluted share compared to $1.79 billion or 24 cents.

Prevnar, the third best selling drug of the company reported less than forecasted result for U.S. sales of $150 million. Sales of Lipitor for cholesterol tumbled 55% to $626 million and sales of Viagra dropped 7% to $461 million.

Pfizer lowered revenue expectation for the year between $55.3 billion and $57.3 billion and diluted earnings per share in the range of $1.44 to $1.59.
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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