10:45 AM New York – Bob Evans first quarter net plunged 15.7%. Deere third quarter net jumped 11% to $788 million. Myriad Genetics fourth quarter net climbed 11.5% to $29 million. Staples second quarter net plunged 31.8% to $120 million. Target said second quarter net flat to $704 million.

Earnings Review

Bob Evans Farms, Inc. (BOBE), the restaurant company reported net sales in the first quarter ending on July 27 increased 1.5% to $409.7 million compared to $405.4 million in the same period of last year. Net income in the quarter plunged 15.7% to $15 million or 53 cents per diluted share compared to $17.8 million or 59 cents per share a year ago period.

Deere & Company (DE), the agriculture equipment maker reported net sales in the third quarter of ending in July climbed 15% to $9.59 billion compared to $8.37 billion in the same period of last year. Net income in the quarter jumped 11% to $788 million or $1.98 per diluted share compared to $712.3 million or $1.69 per share a year ago.

Deere said equipment sales projected to increase about 13% for fiscal and for the fourth quarter and net income for the full year is anticipated to be approx $3.1 billion.

Jack Henry & Associates, Inc. (JKHY), the information technology provider reported revenues in the fourth quarter ending in June surged 7% to $266.6 million compared to $249.3 million in the same period of last year. Net income in the quarter soared 18% to $43.3 million or 50 cents per diluted share compared to $36.6 million or 42 cents per share a year ago.

KIT digital, Inc (KITD), the software company reported revenues in the second quarter of ending in June advanced 13.5% to $51.1 million compared to $45 million in the same period of last year. Net loss in the quarter widened to $151.1 million or $2.94 per diluted share compared to $19.8 million or 49 cents per share a year ago period.

Myriad Genetics, Inc. (MYGN), the biotechnology reported revenues in the fourth quarter of ending in June jumped 24.3% to $133 million compared to $107 million in the same period of last year. Net income in the quarter climbed 11.5% to $29 million or 34 cents per diluted share compared to of $26 million or 30 cents per share a year ago period.

Staples, Inc. (SPLS), the office products supplier reported sales in the second quarter ending on July 27 dropped 5.5% to $5.50 billion compared to $5.82 billion in the same period of last year. Net income in the quarter plunged 31.8% to $120 million or 18 cents per diluted share compared to $176 million or 25 cents per share a year ago.

Staples expects full year sales to be flat compared to the prior year and full year diluted earnings per share to increase in the low single-digits from adjusted diluted earnings per share of $1.37 from a year ago.

Target Corporation (TGT), the retailer company reported sales in the second quarter ending on July 28 increased 3.3% to $16.8 billion compared to $16.2 million in the same period of last year. For the quarter comparable same store sales increased 3.1%

Net earnings in the quarter flat to $704 million from a year ago. Diluted earnings per share in the quarter $1.06 per diluted share compared to $1.03 per share a year ago period.

For third quarter 2012, the company expects earnings per share of 69 cents to 79 cents and for the full year $4.20 to $4.40.