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Earnings Analysis: 
Sabre Tops Estimate by a Penny
Author: Ivaylo Dagnev
123jump.com
Last Update: 9:51 AM EDT May 04 2006



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Sabre Holdings Corp, travel company, reported Q1 earnings of 13 cents a share, down from a profit of 44 cents a share a year-ago. On an adjusted basis, the company earned 24 cents a share in Q1. Revenue advanced 20.3% in Q1 to $700.2 million from $502.5 million in the same period a year ago.

 
Sabre Holdings Corp, (TSG: chart), added that on that basis the company beat analysts’ estimate by a penny. Sabre expects adjusted earnings of 38 to 43 cents a share for Q2. For the year, it estimates adjusted earnings would be between $1.70 and $1.77 a share with year-over-year revenue growth of 15%. Analyst estimates are for earnings of 53 cents a share and $1.71 a share in the respective periods.

Revlon, (REV: chart), cosmetics maker, announced its Q1 net loss grew to 15 cents a share, against 13 cents a share in the year-earlier period. Sales advanced 8% to $326 million from $300.9 million. Adjusted earnings before interest, taxes, depreciation and amortization dropped to $15 million, including $9 million in restructuring expense, from $21.6 million in the year-ago period. The company missed analysts’ estimates for a loss of 12 cents a share.

MedCatch Corp, (MDTH: chart), provider of caridovascular disease treatment services, reported a Q2 loss of 10 cents a share, reversing from a profit of 20 cents a share a year-ago. Q2 includes stock option expensing of 33 cents a share, a $1 million reduction in revenue related to prior period contract adjustments, and a $635,000 rise in interest expense. Revenue advanced to $208.5 million in Q2 from $192 million in the same period a year ago. The company missed analysts’ forecasts for a profit of 12 cents a share.

BJ''s Wholesale Club Inc, (BJ: chart), off-price retailer, announced same-store sales advanced 1.2% in April, topping analysts’ estimate for a rise of 0.5% for the month. Total sales for the period rose 5.5% to $599.8 million from $568.5 million in the same period a year ago.

International Paper Co, (IP: chart), paper, packaging and lumber company, reported it swung to heavy Q1 loss of $2.52 a share, from net profit of 16 cents a share in the year-ago period. Discontinued operations, constituted $2.68 a share of the loss, the company announced, missing analysts’ forecasts for earnings of 15 cents a share before special items and sales of $6.08 billion.

Dillard''s Inc, (DDS: chart), department store chain, announced same-store sales advanced 10% compared with year-ago levels. The company beat analysts’ expectations fro same-store sales growth of 1.6%. Total sales for the four weeks ended April 29 rose 10% to $563 million from $514 million.

Wild Oats Markets Inc, (OATS: chart), natural foods retailer, reported that that it reversed to Q1 net income of 10 cents a share, from a loss of 4 cents a year-ago. Sales for Q1 rose to $298.4 million from $278.1 million last year. The company topped analysts'' estimates for earnings of 4 cents a share.

Williams Co, (WMB: chart), oil and gas producer, reported that Q1 net income dropped to 22 cents a share, from 34 cents a share in the year-ago period. After adjustments company added that income would have been 26 cents a share, compared to 22 cents a share in the year-ago period. The company topped analyst estimate by a penny.
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