Month: November 2011

Thoratec Corp ’s ( THOR ) third-quarter fiscal 2011 adjusted (excluding one-time items other than stock-based compensation expenses) earnings per share of 34 cents beat the Zacks Consensus Estimate of 31 cents. The stock suffered a loss of 12.7% to close at $30.46 as of November 2, 2011 due to lower sales outlook issued by the company for fiscal 2011. […]

Diagnostic products maker Gen-Probe ’s ( GPRO ) third-quarter fiscal 2011 adjusted (excluding one-time charges) earnings of 57 cents trounced the Zacks Consensus Estimate by 3 cents while matching the year-ago adjusted earnings of 57 cents. However, the California-based company s wung to a loss in the third quarter, hammered by a $39.5 million impairment loss on its equity investment in privately held DNA sequencing firm Pacific Biosciences (PacBio). […]

CVS Caremark ( CVS ) reported third quarter 2011 EPS of 65 cents, 8.3% up year over year. However, after excluding the impact of certain one-time items, adjusted EPS came in at 70 cents, surpassing the Zacks Consensus Estimate of 67 cents and 9.3% higher than the year-ago quarter adjusted EPS. Net revenue increased 12.5% year over year to $26.7 billion, almost in line with the Zacks Consensus Estimate. […]

ProAssurance Corporation ( PRA ) reported its third-quarter operating earnings of $48.3 million or $1.57 per share, which surpassed the Zacks Consensus Estimate of $1.29. This also compares favorably with earnings of $41.5 million or $1.30 in the prior-year quarter. Operating income excludes the after-tax effects of net realized gains or losses, litigation settlement and guaranty fund assessments or recoupments. […]

Initial Claims for Unemployment Insurance finally broke below the key 400,000 level. This week they fell by 9,000, but only after the previous week was revised up by 4,000. […]

Qiagen ( QGEN ) reported adjusted EPS of 24 cents in the third quarter of fiscal 2011, beating the Zacks Consensus Estimate of 21 cents but a penny lower than the prior-year quarter. Net sales in the quarter stood at $288.9 million, up 5% year over year (up 1% at constant exchange rates or CER) but lagged the Zacks Consensus Estimate of $291 million. However, excluding the contributions from Cellestis (since August 29) and Ipsogen (since July 12), total sales declined 3% at CER […]

Canada’s biggest energy firm and the largest oil sands outfit Suncor Energy Inc. ( SU ) reported strong third quarter results, helped by higher output in its oil sands business and robust downstream performance. Earnings per share, excluding certain items, came in at C$1.14 (U.S.$1.10), ahead of the Zacks Consensus Estimate of 81 U.S […]

Hartford Financial Services Group Inc. ( HIG ) reported third-quarter core earnings of $441.0 million or 93 cents per share, beating the Zacks Consensus Estimate of 23 cents. […]