Earnings Roundup: 6 Super Hot Stocks to Analyze After Earnings

Top Dow (NYSE:DIA) and S&P 500 (NYSE:SPY) stocks announced earnings this week. Here’s your Cheat Sheet to their announcements and business outlooks:

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Family Dollar Stores Inc. (NYSE:FDO) reported its results for the fourth quarter. Net income for the discount store rose to $79.8 million (66 cents per share) vs. $74 million (56 cents per share) in the same quarter a year earlier. This marks a rise of 8% from the year earlier quarter. Revenue rose 9.1% to $2.13 billion from the year earlier quarter. FDO beat the mean analyst estimate of 63 cents per share. Analysts were expecting revenue of $2.12 billion.

“A year ago we launched an ambitious, multi-year plan to accelerate revenue growth, expand operating margins and optimize our capital structure, and I am pleased to announce that we have executed well against our plans in a very difficult operating environment,” said Howard Levine, Chairman and CEO.

Competitors to Watch: Dollar General Corp. (NYSE:DG), 99 Cents Only Stores (NYSE:NDN), Dollar Tree, Inc. (NASDAQ:DLTR), Big Lots, Inc. (NYSE:BIG), Wal-Mart Stores, Inc. (NYSE:WMT), Target Corporation (NYSE:TGT), Fred’s, Inc. (NASDAQ:FRED), Costco Wholesale Corp. (NASDAQ:COST), Gordmans Stores, Inc. (NASDAQ:GMAN), and Amazing Savings, Inc (ODDJ).

Darden Restaurants, Inc. (NYSE:DRI) reported its results for the first quarter. Net income for the restaurant fell to $106.6 million (78 cents per share) vs. $113.1 million (80 cents per share) a year earlier. This is a decline of 5.7% from the year earlier quarter. Revenue rose 7.5% to $1.94 billion from the year earlier quarter. DRI fell in line with the mean analyst estimate of 78 cents per share. Analysts were expecting revenue of $1.93 billion.

“As we previously announced, strong sales growth this quarter at Red Lobster, LongHorn Steakhouse and our Specialty Restaurant Group was offset by below expectation sales results at Olive Garden, unfavorable year-over-year commodity costs and the adverse impact of Hurricane Irene,” said Clarence Otis, Chairman and Chief Executive Officer of Darden. “Olive Garden remains one of the strongest brands in the full-service restaurant industry and we are working to improve its sales performance during the balance of the year. With improvement at Olive Garden, continued sales momentum at the other brands, more neutral commodity cost comparisons in the second half of the year and a meaningful increase in the number of shares we will repurchase, we anticipate diluted net earnings per share growth of 12% to 15% this fiscal year – though we have higher confidence at this point in the year in the low end of the range.”

Competitors to Watch: Grill Concepts, Inc. (GLLC), Landry’s Restaurants, Inc (LNY), Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH), Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG), Granite City Food & Brewery Ltd. (NASDAQ:GCFB), O’Charley’s Inc. (NASDAQ:CHUX), Ark Restaurants Corp. (NASDAQ:ARKR), Morton’s Restaurant Group, Inc. (NYSE:MRT), Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB), and McCormick & Schmick’s Seafood Restaurant (NASDAQ:MSSR).

Jabil Circuit Inc. (NYSE:JBL) reported net income above Wall Street’s expectations for the fourth quarter. Net income for the electronic equipment company rose to $114.3 million (52 cents per share) vs. $58.7 million (27 cents per share) in the same quarter a year earlier. This marks a rise of 94.7% from the year earlier quarter. Revenue rose 10.9% to $4.28 billion from the year earlier quarter. JBL beat the mean analyst estimate of 48 cents per share. It beat the average revenue estimate of $4.19 billion.

“Posting a record quarter and fiscal year in the present environment is remarkable,” said Timothy L. Main, President and CEO of Jabil. “Demand for our expertise in managing global supply chain networks remains robust, especially now as customers increasingly focus on growth in developing economies.”

Competitors to Watch: Sanmina-SCI Corporation (NASDAQ:SANM), Benchmark Electronics, Inc. (NYSE:BHE), Kimball International (NASDAQ:KBALB), Plexus Corp. (NASDAQ:PLXS), Celestica Inc. (NYSE:CLS), SigmaTron International (NASDAQ:SGMA), SMTC Corporation (NASDAQ:SMTX), CTS Corporation (NYSE:CTS), Flextronics Intl. Ltd. (NASDAQ:FLEX), and Sparton Corporation (NYSE:SPA).

Paychex, Inc. (NASDAQ:PAYX) reported net income above Wall Street’s expectations for the first quarter. Net income for Paychex, Inc. rose to $148.9 million (41 cents per share) vs. $131.9 million (36 cents per share) in the same quarter a year earlier. This marks a rise of 12.9% from the year earlier quarter. Revenue rose 9% to $563.1 million from the year earlier quarter. PAYX beat the mean analyst estimate of 38 cents per share. Analysts were expecting revenue of $554.1 million.

Martin Mucci, President and Chief Executive Officer, commented, “We are pleased with our results for the first quarter. We continue to see positive trends in our checks per client. We remain cautiously optimistic about the remainder of the year, despite a lack of robust new business formation, which continues to impact the selling environment.”

Competitors to Watch: Automatic Data Processing (NASDAQ:ADP), CBIZ, Inc. (NYSE:CBZ), Equifax Inc. (NYSE:EFX), American Express (NYSE:AXP), McMillan Shakespeare Ltd. (NYSE:MMS), Blue Tax Group SA (NYSE:BTG), and Colliers SA Holdings Ltd. (NYSE:COL).

Walgreen (NYSE:WAG) reported its results for the fourth quarter. Net income for the drug store rose to $792 million (87 cents per share) vs. $470 million (48 cents per share) in the same quarter a year earlier. This marks a rise of 68.5% from the year earlier quarter. Revenue rose 6.5% to $17.97 billion from the year earlier quarter. WAG reported adjusted net income of 57 cents per share. By that measure, the company beat the mean estimate of 55 cents per share. Analysts were expecting revenue of $17.88 billion.

“Walgreens delivered strong performance and growth for the quarter and the year by continuing our relentless focus on providing convenience and value to consumers, and cost-effective pharmacy, health and wellness solutions to the millions of patients we serve every day,” said Walgreens President and CEO Greg Wasson. “Through constant innovation and effective execution of our key initiatives, we continued to make substantial progress this year in the transformation of Walgreens to become the first choice for health and daily living – meeting the needs of both consumers and patients in today’s challenging economy and changing health care system.”

Competitors to Watch: drugstore.com, inc. (NASDAQ:DSCM), Graymark Healthcare Inc (NASDAQ:GRMH), CVS Caremark Corporation (NYSE:CVS), Rite Aid Corporation (NYSE:RAD), PetMed Express, Inc. (NASDAQ:PETS), China Nepstar Chain Drugstore Ltd. (NYSE:NPD), Target (NYSE:TGT), PharMerica Corporation (NYSE:PMC), Walmart (NYSE:WMT), BioScrip Inc. (NASDAQ:BIOS), and Medco Health Solutions Inc. (NYSE:MHS).

Accenture (NYSE:ACN) reported higher profit for the fourth quarter as revenue showed growth. Net income for Accenture plc rose to $611.9 million (91 cents per share) vs. $445.5 million (66 cents per share) in the same quarter a year earlier. This marks a rise of 37.4% from the year earlier quarter. Revenue rose 23% to $7.17 billion from the year earlier quarter. ACN beat the mean analyst estimate of 89 cents per share. It beat the average revenue estimate of $6.5 billion.

Accenture’s Board of Directors has declared a semi-annual cash dividend of 67.5 cents per share, an increase of 22.5 cents per share, or 50 percent, over its previous semi-annual dividend, declared in March. The Board also approved $5 billion in additional share repurchase authority. Pierre Nanterme, Accenture’s chief executive officer, said, “Our excellent results for the fourth quarter and full fiscal 2011 reflect the continued momentum in our business as we execute our growth strategy. We hit the top end of our range for both revenues and EPS and are particularly pleased with the growth across all dimensions of our business. In addition, we generated free cash flow of $3 billion for the year, which enabled us to return more than $2.8 billion to our shareholders through dividends and share repurchases and still close the year with an exceptionally strong balance sheet.”

Competitors to Watch: Intl. Business Machines Corp. (NYSE:IBM), Oracle Corporation (NASDAQ:ORCL), Genpact Limited (NYSE:G), Microsoft Corporation (NASDAQ:MSFT), Hewlett-Packard Company (NYSE:HPQ), Towers Watson & Co (NYSE:TW), Infosys Tech. Ltd. (NASDAQ:INFY), Wipro Limited (NYSE:WIT), Ariba, Inc. (NASDAQ:ARBA).

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