Skip to main content

Market Overview

Earnings Roundup

Share:

Scholastic Corp (NASDAQ: SCHL) reported a narrower fiscal third-quarter loss. Scholastic lifted its full-year earnings forecast to $2.60 to $2.90 per share on revenue of around $2 billion, versus its earlier forecast of $1.75 to $2.10 per share on revenue of around $1.9 billion. Scholastic posted a quarterly loss of $3.2 million, or $0.10 per share, versus a year-ago loss of $25.1 million, or $0.81 per share. Its loss from continuing operations came in at $0.09 per share. Its revenue climbed 22% to $467 million.

Winnebago Industries Inc (NYSE: WGO) posted a loss in the second quarter. Winnebago posted a quarterly net loss of $912,000, or $0.03 per share, versus a year-ago net income of $3.3 million, or $0.11 per share. However, analysts were projecting earnings of $0.02 per share. Winnebago's sales climbed 23% to $131.6 million, beating analysts' estimates of $120.1 million.

Casual Male Retail Group Inc (NASDAQ: CMRG) reported its Q1 earnings at $0.1 per share, versus analysts' estimates of $0.09 per share.

TravelCenters of America LLC (AMEX: TA) reported a narrower fourth-quarter loss. TravelCenters posted a quarterly loss of $2.5 million, or $0.09 per share, versus a year-ago loss of $30 million, or $1.71 per share. However, analysts were expecting a loss of $0.40 per share. TravelCenters' revenue surged 23% to $1.92 billion.

Vantage Drilling Company (AMEX: VTG) reported a Q4 los at $0.03 per share on revenue of $121.3 million. However, analysts were expecting a loss of $0.04 per share on revenue of $122.31 million.

Cato (NYSE: CATO) reported its Q1 EPS at $0.35 on revenue of $224.30 million. However, analysts were expecting earnings of $0.32 per share on revenue of $229.90 million.

AMC Networks Inc (NASDAQ: AMCX) reported a decline in its fourth-quarter profit. AMC Networks' quarterly net income from continuing operations fell to $29 million, or $0.40 per share, from $30 million or $0.43 per share, in the year-ago period. Its revenue climbed 14% to $339 million. Analysts were expecting earnings of $0.59 per share on revenue of $327.9 million.

Harvest Natural Resources (NYSE: HNR) reported its Q4 earnings at $0.33 per share, versus analysts' estimates of $0.25 per share.

Transat AT Inc (OTC: TRZBF) reported a wider Q1 loss. Transat's quarterly net loss attributable to shareholders came in at C$29.5 million ($29.8 million), or 77 Canadian cents per share, versus a year-ago net loss attributable to shareholders of C$13.4 million, or 35 Canadian cents per share. The company posted an adjusted after-tax loss of 79 Canadian cents per share.

Aurizon Mines Ltd (AMEX: AZK) reported a strong rise in its fourth-quarter profit. The company projects a decline in production in 2012. Aurizon Mines' quarterly net profit jumped to C$21.8 million ($21.99 million), or 13 Canadian cents per share, versus C$7 million, or 4 Canadian cents per share, in the year-earlier period. Its revenue jumped 77% to C$85.7 million.

China Mobile Limited (NYSE: CHL) reported a 5.2% y/y rise in its 2011 net profit. China Mobile's profit for the year climbed to 125.9 billion yuan ($19.88 billion), from 125.2 billion yuan. China Mobile's revenue rose 8.8% to 528 billion yuan. Its customer base surged 11.6% y/y to around 650 million users.

Swire Pacific Ltd (OTC: SWRAF) reported a 16% drop in its 2011 net profit. Swire Pacific's net profit for the year fell to HK$32.21 billion, versus HK$38.25 billion, in the year-ago period. Its underlying profit climbed 7.1% to HK$17.29 billion from HK$16.14 billion. Swire Pacific's revenue surged 24% to HK$36.29 billion from HK$29.20 billion.

Hanwha SolarOne Co (NASDAQ: HSOL) reported a loss in the fourth quarter. Hanwha SolarOne's gross margin was negative 62%, versus positive 22% in the year-ago period. Hanwha SolarOne's quarterly net loss attributable to shareholders came in at $132.3 million, or $1.57 per ADS, versus a year-ago profit of $56.2 million, or $0.27 per ADS. Its revenue dropped 55% to $155.4 million. However, average selling price declined to $1.

Deutsche Lufthansa AG (OTC: DLAKY) swung to a loss in 2011. Deutsche Lufthansa posted a loss of 13 million euros, versus a year-ago profit of $1.1 billion. Its revenue climbed 8.6% to €28.7 billion. It reported that fuel costs climbed €1.3 billion in 2011.

Quebecor Inc (OTC: QBCRF) reported an 83% rise in its fourth-quarter profit. Quebecor's net income attributable to shareholders climbed to C$85.4 million, or C$1.34 per basic share, versus C$46.6 million, or 72 Canadian cents per basic share, in the year-ago period. Quebecor's adjusted income from continuing operations dropped to 87 Canadian cents a basic share, versus 90 Canadian cents a basic share. Its revenue gained 5.5% to C$1.15 billion.

Trinity Mirror Group PLC (OTC: TNMRY) reported a decline in its profit in the year to December 31.Trinity Mirror's pretax profit for the period dropped 40% to GBP74.4 million, versus GBP124 million, in the year-ago period. Its revenue declined 2% to GBP746.6 million.

 

Related Articles (AZK + AMCX)

View Comments and Join the Discussion!

Posted-In: Earnings RoundupEarnings News Pre-Market Outlook Markets

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com