Earnings Roundup (PHM, MCD, TAP, CAM)

Pulte Homes (NYSE: PHM) today reported its Q4 losses at $0.31 per share, as compared to the analyst expectations of losses of $0.19 per share. PHM’s revenues for the quarter came in at $1.73 billion versus the Street view of $1.50 billion. Pulte Homes’ 52-week trading range is $7.71-$13.59. PHM’s stock has risen by 15.22% over the past three months.

Fast-food giant McDonald's Corp (NYSE: MCD) announced a 2.6% rise in its global same-store sales, or sales at restaurants in operation for at least 13 months, for the month of January. However, MCD’s comparable sales fell 0.7% in the US, while those in Europe rose 4.3% and in Asia, Middle East and Africa improved 4.3%. McDonald's said that it expects to record $40-$50 million as charges, mostly in the first half of the year, due to the closure of about 430 restaurants by affiliate McDonald's Japan. MCD has lost 1.65% over the past one week.

Molson Coors Brewing Co (NYSE: TAP) today reported that its fourth-quarter net income more than doubled and adjusted net income jumped up 86% on an 11% rise in net sales. TAP’s profits for the quarter came in at $222.1 million, or $1.19 a share, from $93.7 million, or $0.51 a share, in the same quarter a year ago. Molson Coors Brewing’s sales totaled $820.8 million, compared to a year ago’s sales of $739.2 million. TAP’s shares have shed 2.80% over the past one week.

Cameron International (NYSE: CAM) announced today that its net income for the fourth quarter fell to $97.3 million, or $0.41 a share, from $146 million, or $0.66 a share, in the same quarter a year ago. Excluding one-time charges, the Houston-based oil services firm earned $0.54 a share, in the latest period. CAM’s revenues for the quarter fell 4% to $1.46 billion from the year-ago period. The Street view on Cameron’s earnings was $0.53 a share on revenues of $1.3 billion. CAM’s 52-week trading range is $17.19-$45.43 and the company’s shares have gained 7.96% over the past six months.


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