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DAILY EARNINGS

Fossil, Hilton, Hyatt Net Climb, Duke Energy Net Plunges


Author: Mukesh Buch
ticker.com
Last Update: 12:08 PM ET February 18 2015

12:30 AM New York Actavis fourth-quarter net loss widened to $733 million. Duke Energy net in the year tumbled 29% to $1.9 billion. Fossil fourth-quarter net jumped 4% to $154 million. Hilton fourth-quarter net surged 508% to $158 million. Hyatt fourth-quarter net soared 469% to $182 million.

Tollbooth Index edged up 0.08% or 8.20 to 10,529.48.

Earnings Review

Actavis Plc (ACT), the Netherland-based pharmaceutical company reported revenues in the fourth-quarter ending in December soared 46% to $4.06 billion form a year ago period.

Net loss in the quarter widened to $732.9 million or $2.76 per diluted share compared to $148.4 million or 86 cents from the same quarter last year.

Cinemark Holdings, Inc (CNK), the motion picture producer said total revenues in the fourth-quarter ending in December increased 1.2% to $659.9 million from a year ago period.

Net income in the quarter soared 203.2% to $47.3 million or 41 cents per diluted share compared to $15.6 million or 13 cents from the same quarter last year.

Duke Energy Corp (DUK), the electric power producer reported said total revenues in the year ending in December jumped 5.1% to $23.92 billion from a year ago period.

Net income in the quarter tumbled 29.3% to $1.88 billion or $2.66 per diluted share compared to $2.66 billion or $3.76 from the same quarter last year.

Fossil Group Inc (FOSL), the fashion accessory designer stated net sales in the fourth-quarter ending in December nearly flat at $1.06 billion from a year ago period.

Net income in the quarter jumped 3.8% to $154.1 million or $3 per diluted share compared to $148.5 million or $2.68 from the same quarter last year.

Fossil said it will launch the first watches developed in collaboration with Kate Spade in 2016.

For the first quarter, Fossil estimated earnings per share between 59 cents and 69 cents.

The company forecasted earnings per share for the fiscal 2015 in the range of $5.45 to $6.05 per share.

Hilton Worldwide Holdings Inc (HLT), the hotels and resorts operator reported total revenues in the fourth-quarter ending in December climbed 7.2% to $2.83 billion from a year ago period.

Net income in the quarter surged 507.7% to $158 million or 16 cents per diluted share compared to $26 million or 3 cents from the same quarter last year.

Hyatt Hotels Corporation (H), the hotel and motel operator said total revenues in the fourth-quarter ending in December nearly flat at $1.08 billion from a year ago period.

Net income in the quarter soared 468.8% to $182 million or $1.20 per diluted share compared to $32 million or 20 cents from the same quarter last year.

NiSource Inc (NI), the energy company stated reported total revenues in the fourth-quarter ending in December advanced 8.6% to $1.13 billion from a year ago period.

Net income in the quarter rose 1.6% to $154.2 million or 49 cents per diluted share compared to $151.8 million or 48 cents from the same quarter last year.

Virgin America Inc (VA), the airline company said total revenues in the fourth-quarter ending in December increased 3.4% to $372.2 million from a year ago period.

Net income in the quarter tumbled 72.7% to $3.87 million or 16 cents per diluted share compared to $14.2 million or $4.57 from the 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