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Earnings Roundup
Monday, February 13, 2012 - 8:29am
Nordic American Tankers Ltd (NYSE: NAT) posted a wider fourth-quarter loss. Nordic American Tankers posted a quarterly loss of $17.7 million, or $0.37 per share, versus a year-ago loss of $12.8 million, or $0.27 per share. Its net voyage revenue fell 5.9% to $19.3 million. Analysts were expecting a...
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UPDATE: Drew Industries Posts Downbeat Q4 Profit
Monday, February 13, 2012 - 8:22amDrew Industries Inc (NYSE: DW) posted weaker-than-expected fourth-quarter profit. Drew Industries' quarterly profit rose to $4.1 million, or $0.18 per share, from $3.1 million, or $0.14 per share, in the year-ago period. Its net sales surged 50% to $160 million. Analysts were expecting earnings...
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Monday, February 13, 2012 - 8:12am
Will Zynga's Earnings End its Climb?
All eyes are on Zynga (NASDAQ: ZNGA) as the company is expected to report EPS of 3 cents per share and revenue of $301 million. As tech companies go, these numbers are tiny, but as startups go, they are impressive, because they're black. Few internet companies go public after reporting a profit,...
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Monday, February 13, 2012 - 7:23am
Financial Breakfast: Morning News Summary for February 13, 2012Monday, February 13, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Greek policymakers have finally agreed on an austerity package that will help it avoid a default on €14.5 billion euros of...
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Canacol Energy Reports Narrower Q2 Loss
Monday, February 13, 2012 - 6:55amCanacol Energy Ltd (OTC: CAAEF) reported a narrower Q2 loss. Canacol Energy posted a quarterly net loss of $2.4 million, versus a year-ago net loss of $14.9 million. Canacol Energy's total revenue surged to $55.2 million. Canacol Energy shares closed at $0.8740 on Friday.
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UPDATE: Nordic American Tankers Posts Wider Q4 Loss
Monday, February 13, 2012 - 6:39amNordic American Tankers Ltd (NYSE: NAT) posted a wider fourth-quarter loss. Nordic American Tankers posted a quarterly loss of $17.7 million, or $0.37 per share, versus a year-ago loss of $12.8 million, or $0.27 per share. Its net voyage revenue fell 5.9% to $19.3 million. Analysts were...
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TAM Q4 Profit Drops 36%
Monday, February 13, 2012 - 6:36amTAM SA (NYSE: TAM) reported a 36% drop in its fourth-quarter profit. TAM's quarterly net profit fell to 95.5 million Brazilian reais ($55.3 million), from BRL150.1 million, in the year-ago period. Its fuel costs climbed 31.6% to BRL1.23 billion. TAM's net revenue surged 11% y/y to BRL3.6...
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Monday, February 13, 2012 - 6:29am
Goodyear Tire & Rubber Earnings Preview
Goodyear Tire & Rubber (NYSE: GT) is scheduled to report fourth-quarter 2011 results tomorrow, February 14, before the markets open. One of the most famous makers of tires for cars, trucks and aircraft, it was also one of a number of companies with operations disrupted when massive floods hit...
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Sun Pharma Posts Upbeat Q3 Profit
Monday, February 13, 2012 - 5:58amIndia's Sun Pharmaceutical Industries Ltd reported a 91% rise in its Q3 net profit. Sun Pharmaceutical's quarterly net profit climbed to INR6.68 billion, from INR3.50 billion, in the year-ago period. Its sales surged 37% to INR21.45 billion from INR15.62 billion. Analysts were expecting a net...
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Songa Offshore Posts Decline In Q4 Net Profit
Monday, February 13, 2012 - 5:56amSonga Offshore SE (OTC: SGAZF) reported a decline in its net profit for the fourth quarter. Songa Offshore's quarterly net profit fell to $35.77 million, from $93.29 million, in the year-earlier period. Its operating revenue dropped to $96.25 million from $159.13 million. Songa Offshore's...
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