Earnings Roundup: 16 Interesting Stocks to Examine from the Week
Some big companies announced earnings last week. We’ve spared you some precious research time and put together a list of 12 earnings reports we think you should know more about:
1) Aeropostale Inc. (NYSE:ARO): Unlike American Eagle Outfitters (NYSE:AEO), Aeropostale reported a drop in its net income. For the fourth quarter, the company’s net income fell 13% due to higher costs (cotton has reach an all time high this year) and weaker revenue. Net earnings were $83.8 million (95 cents per share), compared to $96.6 million (99 cents per share) last year.
2) National Semiconductor Corp (NYSE:NSM): The company reported a 5% decrease in revenues, but net earnings were slightly higher than expected at $344 million (24 cents per share). Shares traded down 2.14% during regular market hours, and fell an additional .14% after the closing bell.
3) Denison Mines Corp (AMEX:DNN): The uranium mining company reported revenue of $39.2 million for the fourth quarter. The company also reported a net loss of $12.3 million ( 4 cents per share). Shares traded down 4.48% during regular market hours.
4) Smithfield Foods Inc. (NYSE:SFD): Shares jumped 4.07% in late trading as the world’s largest hog producer beat analysts estimates by 18 cents per share. Net earnings for the latest quarter were 84 cents per share. Revenue rose by 11% to $3.19 billion, analysts were expecting revenues of about $3.13 billion.
5) H&R Block (NYSE:HRB): Shares jumped nearly 6% in late trading as the company reported better than expected results. For the most recent quarter, the tax preparer reported a $12.7 million (4 cents per share) loss. However, adjusted for one time chargers, the company reported a 14 cents per share profit. Analysts were only expecting about a 4 cents per share profit.
6) Molycorp, Inc (NYSE:MCP): The owner of the largest rare earth deposit outside of China reported fourth quarter results after the bell on Wednesday. Revenue grew from $2.2 million in last year’s fourth quarter to $21.7 million this year. The company still reported a loss of $7.9 million, but it was still an improvement from last’s $9.1 million loss.
7) American Eagle Outfitters (NYSE:AEO): The apparel and accessories retailer reported a 47% boost in net income for the fourth quarter. Net earnings of 44 cents per share beat analysts estimates by 1 cent. Shares climbed over 5% during regular market hours, and continued to tick up after the closing bell.
8) E-Commerce China Dangdang Inc. (NYSE:DANG): The new kid on the Wall Street block reported fourth quarter earnings per share of 3 cents. It was good enough to beat analysts estimates by one penny. Revenue for the fourth quarter increased 58.7% to $107.7 million. Shares currently trade at $24.10, well below its first day closing trade price of $29.91.
9) Finisar Corporation (NASDAQ:FNSR): Shares in this tech company are experiencing a crash as they trade down nearly 36% in late trading. Although revenue for the previous quarter increased 58% to $263 million, the company worried investors on the current quarter. The company sees revenue for the current quarter being between $235 million and $250 million. Analysts were expecting revenues of $269 million.
10) Majesco Entertainment (NASDAQ:COOL): Shares are anything but cool, as the stock trades 44.58% higher in after hour trading. Revenues for the last quarter increased 66% to $48.5 million. A large majority of revenue was due to the company’s new Zumba Fitness software being released on the Nintendo Wii , Xbox 360 (NASDAQ:MSFT), and Sony’s PS3 (NYSE:SNE).
11) Walter Investment Management Corp (AMEX:WAC): The company reported net income of $10.7 million (40 cents per share) for the fourth quarter. This was an increase from last year’s $8.5 million (34 cents per share). Shares are up 1.26% on the positive results, and the company currently has a 10% dividend yield.
12) Interval Leisure Group (NASDAQ:IILG): The company earned $4.6 million (8 cents per share) for the fourth quarter. The company attributes its profit gain of 38% to falling expenses and favorable exchange rates. Revenue dipped to $93.5 million, compared to $93.7 million in prior year’s fourth quarter.
13) Sun Hydraulic (NASDAQ:SNHY): Shares of this hydraulic manufacturer and designer are hotter than the sun as the stock gains 14% in late trading. The company reported earnings of 37 cents per share, which beat analysts estimates of 36 cents per share. Revenue also rose 51% when compared to the same period last year.
14) Chesapeake Utilities (NYSE:CPK): The company reported fourth quarter net income of $7.1 million (74 cents per share), compared to $6.2 million (71 cents per share) last year. It was also a record year for the company. In 2010, net income set a record high of $26.1 million.
15) CVD Equipment (NASDAQ:CVV): Shares jumped 5.32% as the company reported fourth quarter results after the bell. The company earned $375k (8 cents per share). The company boasts an impressive gross profit margin of 41.6% for the fourth quarter.
16) Full House Resorts (AMEX:FLL): The gaming company is enjoying a nice 2.28% gain in after hour trading. The company reported earnings of 11 cents per share, which beat analysts estimates by 2 cents per share. At the end of 2010, the company appears to be very liquid. The company reported a cash position of $13.3 million with no outstanding debt.