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Earnings Analysis: 
CH Robinson Drops; Axsys, Illumina Rise
Author: 123jump.com Staff
123jump.com
Last Update: 11:29 AM ET July 23 2008



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Trucking operator, CH Robinson second quarter revenue rose 24% to $2.32 billion and net income increased 10% to $90.4 million. The biotech company Illumina, Inc second quarter revenue rose 66% to $140 million and earning increased 66% to $15.4 million or 23 cents per share. Oil andgas drilling company Nabor Industries second quarter revenue rose 11% to $1.28 billion and net income increased 15% to $194 million.

 
[R]10:45AM New York – Trucking services company C H Robinson net income roe 10% and revenue increased 24%. Axsys Technologies revenue rose 40% and net income increased 38%.[/R]

Ambassadors Group, Inc, a leading provider of educational travel service said second quarter net income in the quarter declined 15% to $17.2 million or 89 cents per diluted share compared to net income of $20.9 million or $1.05 per share, a year ago.

Ambassadors Group, Inc (EPAX: chart) in the last one year traded as high as $41.08 in October 2007 and as low as $13.31 in July 2008. Based on the yesterday’s closing price the company has a market cap of $278.10 million.

Axsys Technologies, Inc, a surveillance cameras, imaging systems and related motion control technologies developer said second quarter sales increased 40% to $60.3 million from $43.0 million a year ago. Net income in the quarter rose 38% to $6.1 million or 53 cents per diluted share compared to net income of $3.8 million or 35 cents per share, a year ago.

Axsys Technologies, Inc (AXYS: chart) in the last one year traded as high as $64.99 in July 2008 and as low as $21.20 in August 2007. Based on the yesterday’s closing price the company has a market cap of $694.58 million.

C.H. Robinson Worldwide, Inc, trucking logistics company said second quarter revenues rose 24% to $2.32 billion from $1.88 billion a year ago. Net income in the quarter rose 10% to $90.4 million or 52 cents per diluted share compared to net income of $82.3 million or 47 cents per share, a year ago.

C.H. Robinson (CHRW: chart) in the morning trading fell $8.90 to $49.82 and in the last one year traded as high as $67.36 in May 2008 and as low as $45.01 in November 2007. Based on the yesterday’s closing price the company has a market cap of $10.03 billion.

Illumina, Inc, genetic analysis company said second quarter revenues rose 66% to $140.2 million from $84.5 million a year ago. Net income in the quarter rose 66% to $15.4 million or 23 cents per diluted share compared to net income of $9.3 million or 16 cents per share, a year ago.

Illumina, Inc (ILMN: chart) in the morning trading rose $4.23 to $88.30 and in the last one year traded as high as $91.41 in July 2008 and as low as $40.08 in July 2007. Based on the yesterday’s closing price the company has a market cap of $4.75 billion.

Nabors Industries Ltd, an oil and gas drilling company said second quarter revenues rose 11% to $1.28 billion from $1.14 billion a year ago. Net income in the quarter dropped 15% to $194.4 million or 67 cents per diluted share compared to net income of $228.3 million or 79 cents per share, a year ago.

Nabors Industries Ltd (NBR: chart) in the morning trading fell $1.31 to $40.60 and in the last one year traded as high as $50.58 in June 2008 and as low as $23.61 in January 2008. Based on the yesterday’s closing price the company has a market cap of $11.80 billion.

Panera Bread Company, a sandwich chain operator said second quarter revenues rose 21.16% to $320.8 million from $252.9 million a year ago. Net income in the quarter increased 24% to $16 million or 52 cents per diluted share compared to net income of $12.6 million or 39 cents per share, a year ago.

Panera Bread Company (PNRA: chart) in the morning trading fell $2.42 to $48.58 and in the last one year traded as high as $53.45 in April 2008 and as low as $30.60 in January 2008. Based on the yesterday’s closing price the company has a market cap of $1.55 billion.

Raymond James Financial, Inc, a large U.S. financial broker said third quarter revenues decreased 2% to $808 million from $822 million a year ago. Net income in the quarter increased 2% to $69.9 million or 59 cents per diluted share compared to net income of $68.4 million or 57 cents per share, a year ago.

Raymond James Financial, Inc (RJF: chart) in the last one year traded as high as $37.60 in October 2007 and as low as $19.38 in March 2008. Based on the yesterday’s closing price the company has a market cap of $3.51 billion.

Telefonaktiebolaget LM Ericsson, the world''s largest wireless equipment maker said second quarter sales rose 2% to $48.5 billion kronor or $8.1 billion from $47.6 billion kronor a year ago. Net income in the quarter plunged 70% to $1.9 billion kronor or $320 million compared to net income of 6.4 billion kronor a year ago.

Telefonaktiebolaget LM Ericsson (ERIC: chart) in the last one year traded as high as $20.98 in October 2007 and as low as $8.52 in March 2008. Based on the yesterday’s closing price the company has a market cap of $36.20 billion.
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