Earnings Roundup: 3 Interesting Stocks to Analyze from the Week

Some interesting companies announced earnings last week. We’ve spared you some precious research time and put together a list of 3 earnings reports we think you should know more about:

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Nike Inc. (NYSE:NKE): Net income for the footwear and apparel company rose to $594 million ($1.24/share) vs. $521.9 million ($1.05/share) in the same quarter a year earlier. A rise of 13.8% from the year earlier quarter. Revenue rose 13.6% to $5.77 billion YoY. NKE beat the mean analyst estimate of $1.16/share. Estimates ranged from $1.11 per share to $1.29 per share. It beat the average revenue estimate of $5.53 billion.

The company has now seen net income rise in three-straight quarters. In the third quarter, net income rose 5.4% and in the second quarter, the figure rose 21.7%. Gross margin shrunk 3.1 percentage points to 44.3%. The contraction appeared to be driven by rising costs as the figure rose 20.3% from the year earlier quarter while revenue rose 13.6%. Revenue has risen the past four quarters. Revenue increased 7.3% to $5.08 billion in the third quarter. The figure rose 9.9% in the second quarter from the year earlier and climbed 7.8% in the first quarter from the year-ago quarter. The company topped expectations last quarter after falling short of forecasts in the third quarter with net income of $1.08 versus a mean estimate of net income of $1.12 per share.

“In fiscal year 2011, we delivered exceptional results in extraordinary times,” said Mark Parker, NIKE, Inc. President and CEO. “Our business is organized to drive growth across multiple brands, geographies and categories, as we manage through the ever-changing macroeconomic landscape.” Parker added, “We continue to deliver compelling innovation to athletes and consumers, and strong returns for our shareholders. The global appetite for sports has never been stronger.”

Competitors to Watch: Crocs, Inc. (NASDAQ:CROX), Deckers Outdoor Corp. (NASDAQ:DECK), Skechers USA, Inc. (NYSE:SKX), K-Swiss Inc. (NASDAQ:KSWS), Steven Madden, Ltd. (NASDAQ:SHOO), The Timberland Company (NYSE:TBL), and Under Armour (NYSE:UA).

Monsanto Company (NYSE:MON): Net income for the agricultural chemicals company rose to $680 million ($1.26/share) vs. $384 million (70 cents/share) in the same quarter a year earlier. A rise of 77.1% from the year earlier quarter. Revenue rose 21.2% to $3.59 billion YoY. MON beat the mean analyst estimate of $1.10/share. Estimates ranged from 97 cents per share to $1.20 per share. It beat the average revenue estimate of $3.38 billion.

“The third quarter is always an important quarter for Monsanto, as it effectively concludes our fiscal year from an operational standpoint,” said Hugh Grant, Monsanto’s president and chief executive officer.  ”Our U.S. selling season is almost complete, and farmers in Latin America are now harvesting their crops.  That gives us real data to validate the momentum we’ve felt.  We made significant changes to our business this year, and those changes resonated with our customers.  We earned their business and achieved what we set out to achieve: unit volume growth in our core crops, a successful implementation of our agricultural productivity strategy and sustained cost-discipline across our operations.  That positions us well for the coming years and the mid-teens earnings growth opportunity we see for this company.”

Revenue has risen the past four quarters. Revenue increased 6.1% to $4.13 billion in the second quarter. The figure rose 7.8% in the first quarter from the year earlier and climbed 3.9% in the fourth quarter of the last fiscal year from the year-ago quarter. The company has now topped analyst estimates for the last three quarters. It beat the mark by 3 cents in the second quarter and by one cent in the first quarter. Gross margins grew 7.6 percentage points to 54.5%. The growth seemed to be driven by increased revenue, as the figure rose 21.2% from the year earlier quarter while costs rose 3.8%.

Competitors to Watch: SSyngenta AG (NYSE:SYT), The Scotts Miracle-Gro Co. (NYSE:SMG), The Dow Chemical Company (NYSE:DOW), FMC Corporation (NYSE:FMC), The Mosaic Company (NYSE:MOS), American Vanguard Corp. (NYSE:AVD), Potash (NYSE:POT), CF Industries Hldgs., Inc. (NYSE:CF) and Origin Agritech Ltd. (NASDAQ:SEED).

General Mills, Inc. (NYSE:GIS): Net income for the processed and packaged goods company rose to $320.2 million (48 cents/share) vs. $211.9 million (31 cents/share) in the same quarter a year earlier. A rise of 51.1% from the year earlier quarter. Revenue rose 3% to $3.63 billion YoY. GIS reported adjusted net income of 52 cents/share. By that measure, the company fell in line with the mean estimate of 52 cents/share. Estimates ranged from 49 cents per share to 53 cents per share. Analysts were expecting revenue of $3.68 billion.

The company has now seen net income rise in three-straight quarters. In the third quarter, net income rose 17.9% and in the second quarter, the figure rose 8.6%. The company has met estimates for the past two quarters. It reported net income of 56 cents in the third quarter.

Chairman and Chief Executive Officer Ken Powell said, “This past year represented a challenging operating environment for food manufacturers, as we experienced the return and rapid acceleration of cost inflation for various food ingredients and energy. We’re generally pleased with our 2011 sales and profit results, which met the key targets we set for the year and represent performance consistent with our long-term growth model.”

Competitors to Watch: ConAgra Foods, Inc. (NYSE:CAG), Kraft Foods Inc. (NYSE:KFT), The Hain Celestial Group, Inc. (NASDAQ:HAIN), H.J. Heinz Company (NYSE:HNZ), and The J.M. Smucker Company (NYSE:SJM).

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Disclosure: No positions