Month: April 2011

Diagnostic products maker Gen-Probe Inc ( GPRO ) posted better-than-expected first-quarter fiscal 2011 results with adjusted (excluding one-time charges) earnings of 54 cents beating the Zacks Consensus Estimate of 52 cents while exceeding the year-ago adjusted earnings of 48 cents. However, profit (as reported) slipped 4% year over year to $23.3 million (or 48 cents a share) as higher costs offset an increase in sales. Revenue Analysis Revenues for the quarter rose 6% year over ye ar to $1 43 million, boosted by higher product sales, also surpassing the Zacks Consensus Estimate of $141 million. […]

Tyco International Ltd ( TYC ) reported second quarter 2011 earnings per share from continuing operations of 66 cents, falling below the Zacks Consensus Estimate of 68 cents. Revenues were $4 billion slightly ahead of the Zacks Consensus Estimate of $3.98 billion. Service revenue, which includes recurring revenue represented over 45% of total revenue and continues to grow […]

Deckers Outdoor Corporation ( DECK ), the maker of sheepskin boots and slippers, recently delivered better-than-expected first-quarter 2011 results on the heels of strong demand for the product lines under the UGG and Teva brands. Consequently, the company raised its full year outlook but hinted at delivering a loss in the second quarter. […]

The announcement of Quest Diagnostics ’ ( DGX ) first quarter of fiscal 2011 results as on April 20, 2011, has triggered analysts to revise estimates downwards. Previous quarter highlights Quest Diagnostics reported an adjusted EPS of $1.00 during the first quarter of fiscal 2011, a penny above the Zacks Consensus Estimate and the year-ago quarter. […]

Eastman Chemical Company ( EMN ) reported first-quarter earnings of $3.04 per share, compared with $1.37 per share, a yea r earlier and beat the Zacks Consensus estimate of $1.97 per share. Earnings from continuing operations were $2.52 per diluted share in the first quarter versus $1.43 per share in first quarter 2010. Revenues With sales improving across all product lines, revenues climbed 28% year over year to $1.8 billion, driven by higher sales volume and increased selling prices and outpacing the Zacks Consensus estimate of $1.5 billion. […]

Resuscitation devices maker ZOLL Medical ( ZOLL ) reported second-quarter fiscal 2011 (ended April 3) earnings of 27 cents per share, beating the Zacks Consensus Estimate of 21 cents and surpassing the year-ago earnings of 17 cents. Profit rocketed 65% year over year to $6 million as revenues grew at a double-digit clip. […]

China Unicom ( CHU ), China's second largest mobile operator, announced its first quarter 2011 earnings per share of RMB 0.01 (1 cents per share), which missed the Zacks Consensus Estimate of 5 cents. Earnings per share plummeted 80% from the year-ago quarter. […]

Reliance Steel & Aluminum Co . ( RS ) reported net income of $92.3 million or $1.23 per share in the first quarter of 2011 compared with $44.7 million or 60 cents per share in the prior-year quarter. […]

Williams Partners L.P. ( WPZ ) registered fourth-quarter 2010 earnings of 76 cents per limited-partner unit, beating the Zacks Consensus Estimate of 72 cents on higher natural gas liquid (NGL) margins in its midstream business. However, quarterly earnings were below the year-earlier earnings of 99 cents […]