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DAILY EARNINGS

CST Brands, Horton, Rackspace Hosting Net Jump


Author: Mukesh Buch
ticker.com
Last Update: 11:54 AM ET November 11 2014

12:30 AM New York Atwood Oceanics fourth-quarter net soared 10% to $112 million. CST Brands third-quarter net surged 50% to $63 million. Horton fourth-quarter net climbed 19% to $166 million. Rackspace Hosting third-quarter net soared 15% to $26 million. Woodward fourth-quarter net fell 2% to $52 million.

Tollbooth Index edged up 0.04% or 3.74 to 9,810.44.

Earnings Review

Atwood Oceanics, Inc (ATW), the offshore drilling contractor reported revenue in the fourth-quarter ending in September climbed 10.4% to $323.4 million from a year ago period.

Net income in the quarter soared 10.1% to $112.2 million or $1.72 a diluted share compared to $101.9 million or $1.57 from a same quarter last year.

CST Brands Inc (CST), the retailer of convenience goods and fuel said revenue in the third-quarter ending in September dropped 3% to $3.22 billion from a year ago period.

Net income in the quarter surged 50% to $63 million or 83 cents a diluted share compared to $42 million or 56 cents from a same quarter last year.

D.R. Horton, Inc (DHI), the home builder reported net sales in the fourth-quarter ending in September soared 38% to $2.4 billion from a year ago period.

Net income in the quarter climbed 19% to $166.3 million or 45 cents a diluted share compared to $139.5 million or 40 cents from a same quarter last year.

MTS Systems Corporation (MTSC), the sensors and testing systems maker stated revenue in the fourth-quarter ending in September soared 38% to $143.1 million from a year ago period.

Net income in the quarter tumbled 49% to $10.9 million or 71 cents a diluted share compared to $21.4 million or $1.36 from a same quarter last year.

Ophthotech Corp (OPHT), the biopharmaceutical company said revenue in the third-quarter ending in September was $39.6 million for the latest-quarter.

Net in the quarter swung to profit $10.9 million or 31 cents a diluted share compared to a loss of $18.4 million or $10.26 from a same quarter last year.

Rackspace Hosting, Inc (RAX), the cloud computing service provider reported net revenue in the third-quarter ending in September jumped 4.2% to $459.8 million from a year ago period.

Net income in the quarter soared 14.6% to $25.7 million or 18 cents a diluted share compared to $16.3 million or 11 cents from a same quarter last year.

For the fourth quarter, the company forecasted total net revenue between $469 million and $476 million.

Woodward Inc (WWD), the energy service provider said net sales in the in the fourth-quarter ending in September rose 1.2% to $565.4 million from a year ago period.

Net income in the quarter dropped 1.5% to $51.7 million or 77 cents a diluted share compared to $52.5 million or 76 cents from a same quarter last year.
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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