Month: November 2011

Telecom services provider Cincinnati Bell Inc. ( CBB ) has reported third quarter adjusted earnings of 7 cents per share, at par with the Zacks Consensus Estimate and above 6 cents earned in the year-ago earnings. Revenue grew 5% year over year to $369 million in the reported quarter and was above the Zacks Consensus Estimate of $361 million […]

AES Corporation ( AES ) reported third quarter results with adjusted earnings per share (EPS) of 27 cents, 3 cents above the Zacks Consensus Estimate of 24 cents. Earnings also comfortably surpassed the year-ago earnings of 20 cents per share. […]

OGE Energy Corporation ( OGE ) a distributor of natural gas and electricity primarily in the south central United States reported its third quarter 2011 results. In the reported quarter, the company with pro forma and GAAP earnings of $1.80 per share topped the Zacks Consensus Estimate of $1.76. The results also comfortably beat the year-ago earnings of $1.65 per share. […]

Ventas Inc. ( VTR ), a leading healthcare real estate investment trust (REIT), reported third quarter 2011 funds from operations (FFO) of $264.2 million or 91 cents per share, compared to $108.9 million or 69 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and other non-cash expenses to net income […]

Allscripts Healthcare Solutions ( MDRX ), a leading player in the health care information technology (“HCIT”) market, reported third quarter adjusted (excluding one-time items other than stock-based compensation expense) earnings per share of 21 cents surpassing the Zacks Consensus Estimate of 20 cents. Reported net income for the quarter was $21 million (or 11 cents per share) compared with just $1.4 million (or 1 cent per share) in the year-ago period. […]

Broadridge Financial Solutions Inc. ’s ( BR ) first-quarter fiscal 2012 adjusted earnings per share (EPS) of 15 cents beat the Zacks Consensus Estimate of 11 cents and improved from 10 cents earned in the prior-year quarter. […]

MGM Resorts International ’s ( MGM ) third quarter 2011 adjusted loss of 14 cents per share bettered the Zacks Consensus Estimate by a penny. On a GAAP basis, MGM Resorts posted net loss of 25 cents per share compared with a net loss of 72 cents per share in the prior-year quarter. Net revenue jumped 37.5% year over year to $2.23 billion. […]

Dendreon Corporation ( DNDN ) reported third-quarter 2011 loss (including stock-based compensation expense but excluding other special items) of 67 cents per share, which was narrower than the Zacks Consensus Estimate of 70 cents due to a slightly better-than-expected performance of its prostate cancer vaccine Provenge in the quarter. Loss was, however, much wider than the year-ago loss of 54 cents per share. Quarterly Details Total revenue in the reported quarter climbed to $64.3 million (including rebates and charge-backs) from $20.2 million in the comparable quarter of 2010 […]

The total number of people employed rose by 80,000 in September. That is slightly worse than consensus expectations for a gain of 85,000. This report was slightly weaker than the ADP report on Wednesday […]

Oil refiner and marketer Sunoco Inc. ( SUN ) has reported mixed third quarter 2011 results, with strong contributions from the logistics segment partially offset by weak production and margins. The company has reported earnings per share (excluding special items) of 57 cents, missing the Zacks Consensus Estimate of 61 cents […]