Market Overview

Earnings Roundup For May 12 (KSS, NTXFY, AEG, PBH, GRS, THI, BT, NSANY, ORBK, IAG, RWEOY, SINA, ALIZF, REPYY, ACAT, PSSI, BCE)

Kohl's Corp (NYSE: KSS) reported its Q1 earnings at $211 million, or $0.73 per share, versus $199 million, or $0.64 per share, in the year-earlier period. Its sales surged to $4.16 billion from $4.04 billion. However, analysts were expecting earnings of $0.73 per share on sales of $4.16 billion. For the year, Kohl's lifted its earnings forecast to a range of $4.25 to $4.40 per share, from its earlier forecast of $4.05 to $4.25 per share.

Natixis SA (OTC: NTXFY) reported a 12% drop in its first-quarter net profit. The company's net profit came in at 412 million euros ($585 million). Its net revenue increased 1% to 1.64 billion euros. Excluding charges related to the changing value of the group's own debt, Natixis' profit increased 4% to 488 million euros.

Aegon NV (NYSE: AEG) reported a 12% drop in its first-quarter net income. The company's net profit came in at 327 million euros, down from €372 million, in the year-ago quarter. Its sales declined 2.1% to €1.41 billion. The company's underlying profit fell to €414 million from €446 million.

Prestige Brands (NYSE: PBH) reported its Q4 EPS of $0.51, versus the estimates of $0.18. PBH reported its revenue of $96.4 million, versus the estimates of $95.34 million.

Gammon Gold Inc (NYSE: GRS) reported its Q1 profit at $19.3 million, or $0.14 per share, versus $1.8 million, or $0.01 per share, in the year-earlier period. The latest period results includes a $0.05 per share charge associated to the restart of operations at its El Cubo mine. The company's revenue surged 19% to $70.3 million. However, analysts were expecting earnings of $0.16 per share on revenue of $71 million.

Tim Hortons Inc (NYSE: THI) reported weaker-than-expected first-quarter earnings. The company's same-store sales increased 2.0% in Canada and increased 4.9% in the US. Its overall revenue increased more than 10% to C$643.5 million, versus the expectations of C$617 million. Tim Hortons reported its earnings at C$81.4 million, or 48 Canadian cents per share, versus C$84.6 million, or 45 Canadian cents, in the year-ago period. Analysts were expecting a profit of 52 Canadian cents a share. Its operating income dropped 1.3% to C$119.7 million.

BT Group PLC (NYSE: BT) reported its fiscal fourth-quarter net profit at 472 million pounds ($771 million), from 208 million pounds, in the year-earlier period. The company's total revenue fell 5.6% to 5.06 billion pounds. The group's EBITDA increased 3% to 1.55 billion pounds, versus the expectations of 1.51 billion pound. The group projects adjusted EBITDA to rise in 2012. It also expects 2013 adjusted EBITDA to be above 6 billion pounds.

Nissan Motor Co (OTC: NSANY) swung to a fiscal fourth-quarter profit, from a loss in the year-ago period. The company reported stronger-than-expected FQ4 profit. The company reported a quarterly net profit at Y30.8 billion, versus a net loss of Y11.6 billion, in the year-earlier period. However, analysts were expecting a profit of Y24.39 billion. The company's sales increased 10% to Y2.351 trillion from Y2.138 trillion. Its operating profit climbed 7.2% to Y88.6 billion from Y82.7 billion.

Orbotech (NASDAQ: ORBK) reported its Q1 EPS of $0.31, versus the estimates of $0.25. ORBK reported its revenue of $134.2 million, versus the estimates of $129.13 million.

IAMGOLD (NYSE: IAG) reported its quarterly EPS of $0.36, versus the estimates of $0.31. IAG reported its revenue of $432.5 million, versus the estimates of $394.53 million.

RWE AG (OTC: RWEOY) reported a 17% surge in its first-quarter net profit. The company's net profit climbed to €1.82 billion ($2.58 billion), from €1.56 billion, in the year-earlier period. The company's recurrent net income dropped 7.5% to €1.61 billion. Its revenue increased 3.2% to €15.75 billion from €15.27 billion. However, analysts were expecting a net profit of €1.44 billion on revenue of €15.46 billion.

Sina Corp (NASDAQ: SINA) reported its quarterly EPS of $0.25, versus the estimates of $0.27. SINA reported its revenue of $100.2 million, versus the estimates of $95.39 million.

Allianz SE (OTC: ALIZF) reported a 46% decline in its first-quarter net income. The company's quarterly earnings came in at 857 million euros ($1.22 billion), or €1.88 per share, versus €1.57 billion, or €3.46 per share, in the year-ago period. The company's revenue dropped to €2.99 billion from €3.06 billion. Its operating earnings fell 4.2% to €1.66 billion. In asset management, the company's after-tax profit jumped to €309 million from €143 million.

Repsol YPF SA (OTC: REPYY) reported a 29% surge in its first-quarter net profit, excluding inventory effects. The company's replacement-cost-adjusted net profit increased to EUR654 million, from EUR508 million, in the year-ago period. Repsol's unadjusted net profit rose 11.2% to EUR765 million, from EUR688 million, in the year-earlier period, versus analysts' estimates of EUR557.4 million. The company's operating profit climbed to EUR1.61 billion from EUR1.54 billion. Repsol's overall oil and gas output fell 7.4% to 324,000 barrels of oil equivalent a day.

Arctic Cat (NASDAQ: ACAT) reported its quarterly EPS of $0.70. ACAT reported its revenue of $73.46 million, versus the estimates of $71.57 million.

PSS World Medical (NASDAQ: PSSI) reported its quarterly EPS of $0.38, versus the estimates of $0.37. PSSI reported its revenue of $549.7 million, versus the estimates of $522.88 million.

BCE (NYSE: BCE) reported its Q1 EPS of $0.72, versus the estimates of $0.70. BCE reported its revenue of $3.88 billion, versus the estimates of $4.48 billion.

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