Post Game Earnings Review in Consumer Sector

M.D.C. Holdings Inc. (NYSE:MDC) climbed to a profit in the first quarter and beat Wall Street’s expectations in the process. Reported a profit of $2.3 million (4 cents per diluted share) in the quarter. M.D.C. Holdings Inc. had a net loss of $19.9 million or a loss 43 cents per share in the year-earlier quarter. Revenue rose 13.9% to $186.3 million from the year-earlier quarter. M.D.C. Holdings Inc. beat the mean analyst estimate of a loss of 18 cents per share. It beat the average revenue estimate of $177.4 million.

Hyatt Hotels Corporation (NYSE:H) reported its results for the first quarter. Net income for Hyatt Hotels Corporation remained steady at $10 million (6 cents per diluted share) from the year-earlier quarter. Revenue rose 9.5% to $958 million from the year-earlier quarter. Hyatt Hotels Corporation fell short of the mean analyst estimate of 9 cents per share. Analysts were expecting revenue of $964.8 million.

Corinthian Colleges Inc. (NASDAQ:COCO) reported its results for the third quarter. et income for Corinthian Colleges Inc. fell to $4.1 million (5 cents per share) vs. $16.1 million (19 cents per share) a year earlier. This is a decline of 74.6% from the year-earlier quarter. Revenue fell 6.9% to $424.1 million from the year-earlier quarter. Corinthian Colleges Inc. reported adjusted net income of 15 cents per share. By that measure, the company fell short of mean estimate of 17 cents per share. It fell short of the average revenue estimate of $433.3 million.

Cablevision Systems Corporation (NYSE:CVC) reported its results for the first quarter. Net income for Cablevision Systems Corporation fell to $57.2 million (21 cents per share) vs. $104.1 million (36 cents per share) a year earlier. This is a decline of 45% from the year-earlier quarter. Revenue rose 0.2% to $1.66 billion from the year-earlier quarter. Cablevision Systems Corporation beat the mean analyst estimate of 20 cents per share. Analysts were expecting revenue of $1.67 billion.

Steven Madden Ltd. (NASDAQ:SHOO) reported higher profit for the first quarter as revenue showed growth. Net income for Steven Madden Ltd. rose to $21.9 million (50 cents per share) vs. $17.9 million (42 cents per share) in the same quarter a year earlier. This marks a rise of 22.7% from the year-earlier quarter. Revenue rose 56.2% to $266 million from the year-earlier quarter. Steven Madden Ltd. fell in line with the mean analyst estimate of 50 cents per share. It beat the average revenue estimate of $249.9 million.