Earnings Roundup: 11 Super Hot Stocks to Analyze After Earnings

Tuesday

General Growth Properties (NYSE:GGP) reported its results for the third quarter. The company’s core funds from operations (FFO) fell from the year earlier quarter to 23 cents. FFO, a measure of performance of a real estate investment trust (REIT), removes the profit-reducing effect that depreciation has on earnings. It comes in ahead of the consensus estimate of 22 cents per share. FFO, a measure of performance of a real estate investment trust (REIT), removes the profit-reducing effect that depreciation has on earnings.

Sandeep Mathrani, GGP’s chief executive officer commented, “We are 10 months into a long-term strategy of driving value from our existing portfolio through increasing occupancy and lease spreads, along with mining development opportunities. The strategy is yielding positive operating results and we anticipate it will continue for the fourth quarter and beyond.”

Competitors to Watch: The Macerich Company (NYSE:MAC), Urstadt Biddle Properties Inc. (NYSE:UBA), One Liberty Properties, Inc. (NYSE:OLP), Weingarten Realty Investors (NYSE:WRI), CBL & Associates Properties, Inc. (NYSE:CBL), Saul Centers, Inc. (NYSE:BFS), Kite Realty Group Trust (NYSE:KRG), Entertainment Properties Trust (NYSE:EPR), Federal Realty Inv. Trust (NYSE:FRT), and Alexander’s, Inc. (NYSE:ALX).

Kelly Services, Inc. (NASDAQ:KELYA) posted higher net income in the third quarter compared with a year-earlier period. Net income for Kelly Services, Inc. rose to $19.7 million (52 cents per share) vs. $9.6 million (26 cents per share) a year earlier. This is a twofold increase from the year earlier quarter. Revenue rose 9% to $1.4 billion from the year earlier quarter.  KELYA beat the mean analyst estimate of 43 cents per share. It fell short of the average revenue estimate of $1.43 billion.

Carl T. Camden, President and Chief Executive Officer, said, “We are seeing continued demand for temporary staffing services ahead of last year. Today’s employers are seeking greater workforce flexibility as they adapt to new market realities, and Kelly(NYSE:R) is in an excellent position to provide customized solutions – particularly through outsourcing and consulting, and highly skilled professional and technical services. When coupled with our leaner cost structure, that business mix has the potential to accelerate profit growth going forward.”

Competitors to Watch: SFN Group Inc (NYSE:SFN), Barrett Business Services, Inc. (NASDAQ:BBSI), Robert Half Intl. Inc. (NYSE:RHI), Kforce Inc. (NASDAQ:KFRC), TrueBlue, Inc. (NYSE:TBI), Monster Worldwide (NYSE:MWW), ManpowerGroup (NYSE:MAN), LinkedIn (NYSE:LNKD), Volt Information Sciences, Inc. (NYSE:VOL), and On Assignment, Inc. (NASDAQ:ASGN).

Lions Gate Entertainment Corp.’s (NYSE:LGF) second quarter loss narrowed, beating estimates. Loss narrowed to $24.6 million (loss of 18 cents per diluted share) from $29.7 million (loss of 22 cents per share) in the same quarter a year earlier. Revenue fell 21.5% to $358.1 million from the year earlier quarter. LGF beat the mean analyst estimate of a loss of 36 cents per share. It fell short of the average revenue estimate of $421.4 million.

“Although we were disappointed by the performance of our films in the quarter, we were pleased with the strong and growing contributions of all of our other core businesses,” said Lionsgate Co-Chairman and Chief Executive Officer Jon Feltheimer. “We believe that our film performance will improve significantly and become more consistent as we release some of the potential franchise films on our upcoming slate, and our television and digital businesses and EPIX channel partnership will continue their strong and profitable growth trajectory.”

Competitors to Watch: DreamWorks Animation SKG, Inc. (NASDAQ:DWA), The Walt Disney Company (NYSE:DIS), Rentrak Corporation (NASDAQ:RENT), Time Warner Inc. (NYSE:TWX), Seven Arts Pictures PLC (NASDAQ:SAPX), CKX Inc. (NASDAQ:CKXE), News Corporation (NASDAQ:NWSA), Apple (NASDAQ:AAPL), and Sony Corporation (NYSE:SNE).

Wednesday

The Walt Disney Company (NYSE:DIS) reported net income above Wall Street’s expectations for the fourth quarter.  Net income for the entertainment company rose to $1.09 billion (58 cents per share) vs. $835 million (43 cents per share) in the same quarter a year earlier. This marks a rise of 30.2% from the year earlier quarter. Revenue rose 7% to $10.43 billion from the year earlier quarter.  DIS beat the mean analyst estimate of 55 cents per share. Analysts were expecting revenue of $10.36 billion.

“Fiscal 2011 was a great year financially and strategically, demonstrating the strength of our brands and businesses with record revenue, net income and earnings per share,” said Disney President and CEO Robert A. Iger. “We are confident the Company is well-positioned to deliver long-term value for our shareholders with our focus on quality content, compelling uses of technology and global asset growth.”

Competitors to Watch: CBS Corporation (NYSE:CBS), News Corporation (NASDAQ:NWSA), Time Warner Inc. (NYSE:TWX), Comcast Corporation (NASDAQ:CMCSA), Journal Communications, Inc. (NYSE:JRN), Cumulus Media Inc. (NASDAQ:CMLS), Scripps Networks Interactive, Inc. (NYSE:SNI), Entravision Communication (NYSE:EVC), and Entercom Communications Corp. (NYSE:ETM).

Melco Crown Entertainment Limited (NASDAQ:MPEL) reported net income above Wall Street’s expectations for the third quarter. Net income for the resort and casino company rose to $113.3 million (21 cents per share) vs. $15.8 million (3 cents per share) in the same quarter a year earlier. This marks a substantial increase from the year earlier quarter. Revenue rose 45.1% to $1.06 billion from the year earlier quarter. MPEL beat the mean analyst estimate of 19 cents per share. It beat the average revenue estimate of $963.6 million.

Mr. Lawrence Ho, Co-Chairman and Chief Executive Officer of Melco Crown Entertainment, commented, “I am delighted to announce another quarter of record Adjusted EBITDA and net income for our Company, representing the ninth consecutive quarter of sequential improvement in hold-adjusted EBITDA. These results build on the significant achievements delivered through the first half of 2011 and demonstrate our ability to deliver sustained high-quality results, with strong company-wide performance across all segments, despite the introduction of additional supply in the market.”

Competitors to Watch: Melco Crown Entertainment Ltd. (NYSE:MAS), Wynn Resorts, Limited (NASDAQ:WYNN), MGM Resorts International. (NYSE:MGM), Las Vegas Sands Corp. (NYSE:LVS), Century Casinos, Inc. (NASDAQ:CNTY), Ameristar Casinos, Inc. (NASDAQ:ASCA), Asia Entertainment & Resources Ltd. (NASDAQ:AERL), Trans World Corporation (TWOC), Riviera Holdings Corp. (RVHLQ), and Pinnacle Entertainment, Inc (NYSE:PNK).

Cisco Systems, Inc. (NASDAQ:CSCO) reported its results for the first quarter. Net income for the networking and communication devices company fell to $1.78 billion (33 cents per share) vs. $1.93 billion (34 cents per share) a year earlier. This is a decline of 7.9% from the year earlier quarter. Revenue rose 4.7% to $11.26 billion from the year earlier quarter. CSCO reported adjusted net income of 43 cents per share. By that measure, the company beat the mean estimate of 34 cents per share. It beat the average revenue estimate of $11.01 billion.

“We delivered a solid quarter,” said John Chambers, Cisco Chairman and CEO. “We’ve completed the majority of our restructuring and have organized Cisco to successfully execute against our strategy of providing intelligent networks, architectures and integrated products that solve customers’ business problems. Even in times of limited capital spending, intelligent networks are being deployed to drive new business, revenue and consumption models, enable new customer and employee experiences, and drive efficiencies. Cisco’s leadership in networking, video, collaboration and cloud, offered together in an integrated architectural approach, uniquely positions Cisco as a strategic business partner.”

Competitors to Watch: Hewlett-Packard Company (NYSE:HPQ), Juniper Networks, Inc. (NYSE:JNPR), Alcatel-Lucent (NYSE:ALU), Microsoft Corporation (NASDAQ:MSFT), Intl. Business Machines Corp. (NYSE:IBM), Extreme Networks, Inc (NASDAQ:EXTR), Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Motorola Mobility Hldgs. Inc (NYSE:MMI), NetGear, Inc. (NASDAQ:NTGR), and ADTRAN, Inc. (NASDAQ:ADTN).

Computer Sciences Corporation (NYSE:CSC) also came in short of analyst estimates. Reported a loss of $2.88 billion ($18.56 per diluted share) in the quarter. The information technology services company had net income of $184 million or $1.18 per share in the year earlier quarter. Revenue rose 1% to $3.97 billion from the year earlier quarter. CSC reported adjusted earnings per share of 94 cents, beating the mean analyst estimate of 67 cents per share. It beat the average revenue estimate of $4.03 billion.

“The first half total bookings of $8.9 billion is encouraging and reflects the investment we have made in our sales organization,” said Michael W. Laphen, CSC Chairman, President and Chief Executive Officer. “I am encouraged with the direction of our commercial revenue in the quarter and although the NPS business continues to be impacted by the Federal budget uncertainty, I am comfortable with our relative position in this market. With respect to the bottom line, MSS is a turnaround story and as previously announced we have made several organization and process changes aimed at accelerating improvements.”

Competitors to Watch: Intl. Business Machines Corp. (NYSE:IBM), Hewlett-Packard Company (NYSE:HPQ), SAVVIS, Inc. (NASDAQ:SVVS), Cognizant Tech. Solutions Corp. (NASDAQ:CTSH), TeleTech Holdings, Inc. (NASDAQ:TTEC), WidePoint Corporation (AMEX:WYY), Syntel, Inc. (NASDAQ:SYNT), Rackspace Hosting, Inc. (NYSE:RAX), Unisys Corporation (NYSE:UIS), and Zanett, Inc. (NASDAQ:ZANE).

Thursday

NVIDIA Corporation (NASDAQ:NVDA) reported net income above Wall Street’s expectations for the third quarter. Net income for the semiconductor company rose to $178.3 million (29 cents per share) vs. $84.9 million (15 cents per share) in the same quarter a year earlier. This is a more than twofold rise from the year earlier quarter. Revenue  rose 26.3% to $1.07 billion from the year earlier quarter. NVDA beat the mean analyst estimate of 26 cents per share. Analysts were expecting revenue of $1.06 billion.

“NVIDIA’s strategy is coming into its own, as the world becomes increasingly visual and mobile,” said Jen-Hsun Huang, president and chief executive of NVIDIA. “Our GPU business accelerated in the third quarter, driven by strong demand from gamers and the professional market. And our mobile business benefited from new devices coming onto the market.”

Competitors to Watch: Advanced Micro Devices, Inc. (NYSE:AMD), Intel Corporation (NASDAQ:INTC), Texas Instruments Inc. (NYSE:TXN), Broadcom Corporation (NASDAQ:BRCM), QUALCOMM, Inc. (NASDAQ:QCOM), Microsoft Corporation (NASDAQ:MSFT), Silicon Image, Inc. (NASDAQ:SIMG), Pixelworks, Inc. (NASDAQ:PXLW), Marvell Tech. Group Ltd. (NASDAQ:MRVL), and ARM Holdings plc (NASDAQ:ARMH).

Molycorp Inc. (NYSE:MCP) reported its results for the third quarter. Molycorp is a rare earth oxide producer in the Western Hemisphere.  Reported a profit of $48.4 million (52 cents per diluted share) in the quarter. Molycorp Inc. had a net loss of $10.1 million or a loss 14 cents per share in the year earlier quarter. Revenue rose to $138.1 million.

“During the third quarter, we achieved record sales, margin, and income,” said Mark Smith, Molycorp President and Chief Executive Officer. “This is a phenomenal accomplishment by our Molycorp family, particularly as we have simultaneously announced accelerated plans for Project Phoenix Phase1 and two at Mountain Pass.”

Competitors to Watch: Avalon Rare Metals Inc (AMEX:AVL), Thompson Creek Metals Co., Inc. (NYSE:TC), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), 3M Company (NYSE:MMM), PolyMet Mining Corp. (AMEX:PLM), General Moly, Inc. (AMEX:GMO), Karat Platinum Inc. (KRAT), TapSlide, Inc. (TSLI), Denia Enterprises Inc (DNIA), and Thompson Creek Metals Co., Inc. (NYSE:TCM).

Friday

Nordstrom Inc. (NYSE:JWN) reported its results for the third quarter. Net income for Nordstrom Inc. rose to $127 million (59 cents per share) vs. $119 million (53 cents per share) in the same quarter a year earlier. This marks a rise of 6.7% from the year earlier quarter. Revenue rose 13.6% to $2.48 billion from the year earlier quarter. JWN beat the mean analyst estimate of 58 cents per share. It beat the average revenue estimate of $2.37 billion.

Competitors to Watch: Macy’s, Inc. (NYSE:M), Saks Incorporated (NYSE:SKS), Stage Stores, Inc. (NYSE:SSI), Dillard’s, Inc. (NYSE:DDS), J.C. Penney Company, Inc. (NYSE:JCP), Stein Mart, Inc. (NASDAQ:SMRT), Kohl’s Corporation (NYSE:KSS), Syms Corp. (NASDAQ:SYMS), The Buckle, Inc. (NYSE:BKE), and Citi Trends, Inc. (NASDAQ:CTRN).

Kohls Corporation (NYSE:KSS) reported its results for the third quarter. Net income for Kohls Corporation rose to $211 million (80 cents per share) vs. $176 million (57 cents per share) in the same quarter a year earlier. This marks a rise of 20% from the year earlier quarter. Revenue rose 3.8% to $4.4 billion from the year earlier quarter. KSS beat the mean analyst estimate of 79 cents per share. It fell exactly in line with the average revenue estimate of $4.4 billion.

Kevin Mansell, Kohl’s chairman, president and chief executive officer, said, “I am extremely pleased with our ability to deliver strong net income and earnings per share growth in a challenging sales environment. Our gross margin rate increased over last year as a result of our increased penetration of private and exclusive brands and disciplined inventory management. We are pleased with the expense management discipline across the company that allowed us to grow our expenses less than we originally planned.”

Competitors to Watch: J.C. Penney Company, Inc. (NYSE:JCP), Sears Holdings Corporation (NASDAQ:SHLD), Macy’s, Inc. (NYSE:M), The Bon-Ton Stores, Inc. (NASDAQ:BONT), Dillard’s, Inc. (NYSE:DDS), Saks Incorporated (NYSE:SKS), Nordstrom, Inc. (NYSE:JWN), Target Corporation (NYSE:TGT), Overstock.com, Inc. (NASDAQ:OSTK), and QKL Stores Inc (NASDAQ:QKLS).