Month: August 2011

Stock Analysts

Denny’s In Line, Comps Turn Around (DENN) (DPZ)

August 5, 2011 0

Denny’s Corporation ( DENN ) recently reported second quarter 2011 earnings of 8 cents per share, in line with the Zacks Consensus Estimate. Quarterly earnings were higher than the year-ago level of 5 cents. Total revenue nudged up 0.5% year over year to $135.9 million […]

Stock Analysts

Conceptus Recovers, Beats Estimates (CPTS)

August 5, 2011 0

Contraception device maker, Conceptus Inc. ( CPTS ) reported EPS of 1 cent during the second quarter of fiscal 2011 beating both the Zacks Consensus Estimate and the year-ago quarter’s net loss per share of 1 cent. Revenues in the reported quarter declined 8.2% year over year to $33.8 million, but were marginally ahead of the Zacks Consensus Estimate of $33 million […]

Stock Analysts

GGB’s 2Q Weak on Rising Expenses (GGB) (MT) (SID)

August 5, 2011 0

Brazilian steel producer, Gerdau S.A.’s ( GGB ) second quarter 2011 net income plummeted 41% year over year to R$503 million (US$316.4 million), while registering a sequential growth of 23%. Earnings per share (EPS) were R$0.32 (20 cents per ADR) down compared with R$0.54 (29 cents per ADR) in the year-ago period. Results were also below the Zacks Consensus Estimate of 32 cents per ADR […]

Stock Analysts

Earnings Scorecard: Equity Residential (AIV) (EQR)

August 5, 2011 0

Equity Residential ( EQR ) reported funds from operations (FFO) of $180.7 million in second quarter 2011 compared with $175.1 million in the year-ago quarter. FFO per share in the reported quarter remained flat year over year at 58 cents. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income […]

Stock Analysts

Viacom Reports Blockbuster 3Q (NWSA) (TWX) (VIA.B)

August 5, 2011 0

Viacom Inc. ( VIA.B ) declared blockbuster financial results in the third quarter of 2011. Quarterly net income from continuing operation was $574 million or 97 cents per share in the reported quarter compared with $432 million or 71 cents per share in the prior-year quarter […]

Stock Analysts

DineEquity Lags, Reaffirms Outlook (DIN) (EAT)

August 5, 2011 0

DineEquity Inc. ( DIN ), operating under the Applebee's Neighborhood Grill & Bar and IHOP brands, reported second quarter adjusted earnings of 90 cents per share, missing the Zacks Consensus Estimate of $1.02 but in line with the prior-year quarter earnings. The lower-than-expected results were due to negative comparable sales in the IHOP chain of restaurants. […]