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Earnings Analysis: 
The Sports Authority Tops Forecasts
Author: Ivaylo Dagnev
123jump.com
Last Update: 9:34 AM EST March 07 2006



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The Sports Authority Inc, sporting goods retailer, reported Q4 earnings of $1.10 a share, up from a year-earlier profit of 96 cents a share. Sales advanced in Q4 to $741.1 million from $713.8 million in the same period a year ago and same-store sales advanced 2.4%.

 
The Sports Authority Inc, (TSA: chart), reported that it topped the analysts’ estimate for a profit of $1.08 a share. The company attributed the improved earnings to strong sales of active and outdoor apparel, fitness and team sports products, as well as improved gross margins and continued expense controls.

Per-Se Technologies, (PSTI: chart), provider of healthcare technology products, reported Q4 earnings of 34 cents a share, down from a profit of $1.11 a share a year-ago. On an adjusted basis, the company reported earnings from continuing operations of 27 cents a share in Q4. The adjusted results exclude expenses related to the NDCHealth acquisition and a tax benefit. The analysts estimate was for a profit of 29 cents a share.

Finlay Enterprises, (FNLY: chart), retailer of fine jewelry products, reported Q4 net income of $3.11 a share, up 2% from $3.02 a share in the year-earlier period. If not for charges, net income advanced to $3.25 a share from $2.94 a share. Revenue grew 10.7% to $421.4 million.

Dick''s Sporting Goods Inc, (DKS: chart), sporting-goods retailer, reported that Q4 net income advanced 28% to $1 a share, up from 79 cents a year earlier, topping analysts’ estimate of 98 cents a share. Sales for Q4 rose 8% to $849.5 million, while same-store sales advanced 4.1%.

Sunrise Senior Living, (SRZ: chart), assisted living company, reported Q4 earnings of $1.01 a share, up from 28 cents a share in the year-ago period. Revenue advanced to $554.7 million from last year''s $379.1 million. Same-community portfolio revenue rose 6.7%, with the average daily rate rising 3.6% and occupancy increasing 3.4%. The company expects earnings of 28 to 34 cents a share in the first quarter and $1.16 to $1.20 a share for 2006.
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