Month: November 2011

Diversified energy company, FirstEnergy Corp. ( FE ) announced third-quarter 2011 operating earnings of $1.34 per share, surpassing the Zacks Consensus Estimate of $1.23 per share and year-ago earnings of $1.28 per share. The year-over-year growth in earnings was due to higher sales margins and the net accretion from the Allegheny merger, including the impact of shares issued in the merger […]

Healthways ( HWAY ), the well-being enhancement company, and statistical research services provider Gallup recently announced the results of the monthly Gallup-Healthways Well-Being Index (“WBI”) for September 2011. The overarching WBI measure fell to 65.7, its lowest point since March 2009 when it had attained a score of only 64.3. […]

Omnicare Inc. ( OCR ), which sells drugs to long-term care facilities and nursing homes, reported third-quarter fiscal 2011 adjusted (excluding one-time expenses) earnings per share of 54 cents, surpassing the Zacks Consensus Estimate by a penny. Reported net income from continuing operations, for the quarter, was $37.8 million (or 33 cents per share) compared with a loss of $9.6 million (or 8 cents per share) in the year-ago quarter […]

Volcano Corporation ( VOLC ) reported an EPS of 5 cents in the third quarter of fiscal 2011, a penny above the Zacks Consensus Estimate but lower than EPS of 10 cents in the year-ago period. Revenues increased 18% year over year to reach $85.8 million during the quarter and were in line with the Zacks Consensus Estimate. The company’s two reporting segments, Medical and Industrial, booked respective revenues of $83 million (up 24% year over year) and $2.8 million (down 54%). […]

Valero Energy Corporation ( VLO ) has posted third quarter 2011 earnings from continuing operations of $2.11 per share, striding past the Zacks Consensus Estimate of $1.74 and showing an improvement from last year's earnings from continuing operations of 53 cents. The year-over-year improvement can be traced back to favorable refining margins and highest refinery utilization since the third quarter of 2007. […]

Rowan Companies Inc. ( RDC ) recorded third-quarter 2011 earnings of 25 cents per share, failing to meet the Zacks Consensus Estimate of 39 cents and showing a deterioration of nearly 51% from the year-earlier profit of 51 cents. Total revenue declined 1.6% year over year to $234.7 million in the reported quarter, and also failed to match up to our expectation of $261 million. […]

Tenneco Inc. ( TEN ) recorded a 75% increase in profit to $42 million or 67 cents per share in the third quarter of 2011 from $24 million or 39 cents per share (before special items) during the same quarter of 2010. The company’s profit was in line with the Zacks Consensus Estimate during the quarter […]

Watson Pharmaceuticals Inc. 's ( WPI ) third quarter 2011 earnings (excluding special items) of $1.09 per share surpassed the Zacks Consensus Estimate by 4 cents and the year-ago earnings by 24 cents. […]

Expeditors International of Washington Inc. ( EXPD ), a third-party logistics provider, has reported third quarter adjusted earnings of 50 cents per share, surpassing the Zacks Consensus Estimate by a penny. […]

Theravance Inc. ’s ( THRX ) third quarter 2011 loss per share of 37 cents was wider than the Zacks Consensus loss Estimate of 33 cents as well as the year-ago loss of 29 cents per share. The wider loss was attributable to a lukewarm top-line performance as well as increased research and development (R&D) expenses […]

PartnerRe Ltd. ’s ( PRE ) third quarter 2011 operating earnings per share of $2.41 came in modestly higher than the Zacks Consensus Estimate of $1.99 but significantly lagged behind $3.95 recorded in the year-ago quarter. […]

Arris Group Inc. ( ARRS ) declared weak financial results for third-quarter 2011. […]