Month: October 2011

Ingram Micro Inc. ( IM ) has reported third-quarter 2011 earnings per share of 35 cents, just matching the Zacks Consensus Estimate. Revenues Ingram Micro’s third quarter revenue of $8.90 billion increased 5.3% from $8.45 billion in the year-ago quarter […]

America Movil ( AMX ), the largest telecom carrier in Latin America has reported third quarter earnings per ADR of 39 cents below the Zacks Consensus Estimate of 47 cents and down 14.6% from 46 cents in the year-ago quarter. After producing sequential gains in the first half of the year, earnings for the quarter were primarily affected by lower interconnection charges translation. […]

China Unicom ( CHU ), China's second largest mobile operator, announced results for the first nine months of 2011 with earnings per share of RMB 0.18 ($0.27 per share), which is flat year over year. Adjusted net income inched up 0.3% year over year to RMB 4.263 billion ($0.656 billion). High costs associated with 3G service deployments and network expansion were compensated by strong revenues […]

The announcement of Laboratory Corporation of America Holdings ’ ( LH ) third quarter fiscal 2011 results, as on October 20, 2011, has led analysts to revise their estimates lower for the fourth quarter and fiscal 2011. Third Quarter Highlights LabCorp reported adjusted EPS of $1.61 (excluding amortization, restructuring and other special charges) for the third quarter of fiscal 2011. The result was higher than the Zacks Consensus Estimate of $1.60 and the previous year's adjusted EPS of $1.58. […]

Omnicom Group Inc. ( OMC ), the company behind agencies such as BBDO and DDB, recently announced its agreement to acquire a majority stake in Mudra Group, India's leading integrated marketing communications group. This move is considered to be the company’s biggest push into Asia's third largest economy and the subcontinent’s one of the largest advertising conglomerates […]

F5 Networks Inc. ( FFIV ) has posted fourth quarter fiscal 2011 earnings per share (EPS) of 84 cents, strongly beating the Zacks Consensus Estimate of 77 cents. The outperformance was attributable to solid revenues aided by the growing demand for the company’s products, as well as market share gains […]

Avnet, Inc ( AVT ) reported a net income of $139.0 million or $0.90 per diluted share in the first quarter of fiscal 2012 compared to a net income of $238.1 million or $1.54 per share in the fourth quarter of fiscal 2011 and a net income of $138.2 million or $0.90 in the year-ago quarter. The net reported in the quarter missed the Zacks Consensus Estimate by a penny a nd was at the low-end of management’s guidance range of $0.90 -$0.98. Quarter in Detail: Sales came in at $6,426.0 million, down 3.9% from a year-ago and down 7.0% sequentially. […]

Everest Re Group Ltd. ( RE ) reported third quarter 2011 operating profit of $2.70 per share, substantially ahead of the Zacks Consensus Estimate of $1.91. Results also compare favorably with earnings of $2.76 per share in the year-ago quarter […]

The Medicines Company ( MDCO ) reported third-quarter earnings of 12 cents per share, including the impact of stock-based compensation expense. Third-quarter earnings were well below the year-ago earnings of 40 cents and the Zacks Consensus Estimate of 19 cents. Despite an increase in revenues, higher expenses led to the decline in earnings […]

Teradyne Inc’s ( TER ) third quarter results beat the Zacks Consensus Estimate by 7 cents, or 29.2%. Revenue Revenue of $344.4 million was down 16.1% sequentially and down 31.4% from June 2011, but better than management’s guidance of $320-$340 million. Around 70% of revenue in the last quarter came from semiconductor testing platforms, while the balance came from system testing […]

PMC-Sierra Inc. ( PMCS ) has reported third quarter 2011 earnings of 15 cents per share, beating the Zacks Consensus Estimate of 14 cents. The higher gross margins and effective cost control measures led to higher earnings in the last quarter. […]

Following the release of third quarter 2011 results, majority of the analysts covering Johnson & Johnson ( JNJ ) revised their earnings estimates. While 2011 estimates have been revised in both directions, 2012 estimates have gone predominantly downwards. Third Quarter Recap Johnson & Johnson posted third quarter 2011 earnings (excluding special items) of $1.24 per share, three cents above the Zacks Consensus Estimate of $1.21 and 0.8% above the year-ago earnings of $1.23 […]

Fidelity National Information Services Inc. ( FIS ), the provider of banking and payments technology, will be providing prepaid processing solutions to 80 new clients across the globe. Fidelity’s prepaid processing activities range from account set up to card production, inventory management, transaction processing and funds settlement […]

NCR Corp. ( NCR ) posted third quarter 2011 earnings per share of 53 cents, beating the Zacks Consensus Estimate of 48 cents. Revenue NCR Corp. […]

HCP, Inc ( HCP ) reported FFO (funds from operations) of $259.6 million or 63 cents per share in the third quarter of 2011 compared with $96.1 million or 31 cents per share in the year-earlier quarter. Funds 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. Excluding non-recurring items, FFO in the reported quarter came in at $274.9 million or 67 cents per share compared with $167.8 million or 54 cents per share in the year-ago quarter […]