Here is a list of interesting earnings for Jan. 27.
1. RLI Corp (RLI) on Monday reported fourth-quarter net earnings of $37.5 million or $0.85 per share compared with $33.9 million or $0.77 per share last year.
Excluding items, operating earnings for the quarter were $0.71 per share compared with $0.72 per share a year ago.
Total revenues for the quarter were $203.3 million compared with $185.4 million in the prior year. Net premiums earned rose to $179.9 million from $68.4 million a year ago.
Analysts polled by Thomson Reuters estimated earnings of $0.60 per share on revenues of $167 million for the quarter. Analysts' estimates typically exclude special items.
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2. Heartland Financial USA, Inc. (HTLF) reported Q4 net income of $12.3 mln or $0.64 per share vs $7.9 mln or $0.42 per share a year ago.
Net interest income increased 13% to $52.2 million in the fourth quarter from the $46.4 million recorded in the year ago quarter.
Analysts expected the company to report net income of $0.57 per share on revenues of $72.14 million for the period.
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3. Waters Corp (WAT), an analytical instruments maker, on Monday reported fourth-quarter net earnings of $151.3 million or $1.80 per share compared with $141.6 million or $1.65 per share last year.
Excluding items, adjusted earnings for the quarter were $1.99 per share compared with $1.70 per share a year ago.
Revenues for the quarter were $583.9 million compared with $565.4 million in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $1.89 per share on revenues of $582.2 million for the quarter. Analysts' estimates typically exclude special items.
Commenting on the performance, CEO Douglas Berthiaume said, "Strong organic sales growth in the fourth quarter was driven by broad-based pharmaceutical demand and solid recurring revenue growth."
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4. Equity LifeStyle Properties, Inc. (ELS) reported Q4 Normalized Funds from Operations increased to $60.8 million, or $0.66 per common share, compared to $56.6 million, or $0.62 per common share, for the same period a year ago.
Q4 FFO increased to $60.3 million, or $0.66 per common share, compared to $54.9 million, or $0.60 per common share last year.
Q4 Net income available for common stockholders increased to $29.4 million, or $0.35 per common share, compared to $24.2 million, or $0.29 per common share, for the same period last year.
Q4 revenue was $190.26 mln vs $180.06 mln a year ago.
Analysts expected the company to report net income of $0.65 per share on revenues of $189.83 million for the period.
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5. Wilshire Bancorp, Inc. (WIBC) reported net income of $16.1 million, or $0.20 per diluted common share, for the quarter ended December 31, 2014 vs $10.9 million, or $0.15 per diluted common share, for the same period of the prior year.
Q4 Net interest income totaled $37.5 million, an increase of 16% from $32.3 million for the fourth quarter of 2013.
Analysts expected the company to report net income of $0.20 per share on revenues of $47.96 million for the period.
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6. Plum Creek Timber Company Inc. (PCL) reported fourth-quarter net income of $68 million or $0.39 per share, compared to $40 million or $0.24 per share, prior year. The company noted that its fourth-quarter earnings include $2 million after-tax, or $0.01 per share of insurance recoveries related to the fire at the medium density fiberboard (MDF) plant in Montana earlier in the year.
On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.34 for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $428 million from $331 million last year. Analysts expected revenue of $411.21 million for the quarter.
The company expects 2015 net income to be between $1.05 and $1.30 per share. Analysts expect the company to report full year 2015 earnings per share of $1.27.
The company expects to report first quarter net income between $0.20 and $0.25 per share. Analysts expect the company to report first-quarter earnings per share of $0.27.
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7. Pericom Semiconductor Corporation (PSEM) reported GAAP net income for the second quarter of $3.7 million, or $0.16 per diluted share, compared with $1.2 million, or $0.05 per diluted share, in the comparable period last year.
On a non-GAAP basis, net income for the second quarter was $5.0 million, or $0.22 per diluted share $1.9 million, or $0.08 per diluted share, in the comparable period last year.
Net revenues for the second quarter were $33.3 million vs $32.0 million reported in the comparable period last year.
Analysts expected the company to report net income of $0.14 per share on revenues of $33.60 million for the period.
Q3 Outlook
Revenues are expected to be in the range of $31.5 million to $33.5 million; Consensus $33.05 mln.
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8. Inter Parfums, Inc. (IPAR) reported Q4 net sales increased 18.6% to $125.1 million, as compared to $105.5 million for the final quarter of 2013; Consensus $120.94 mln.
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9. Park National Corporation (PRK) reported net income for the fourth quarter of $24.3 million or $1.58 per share compared to $17.5 million or $1.13 per share for the same period in 2013
Q4 net interest income was $57.29 mln vs $55.9 mln a year ago.
Analysts expected the company to report net income of $1.35 per share on revenues of $76.13 million for the period.
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10. Microsoft Corp. (MSFT) reported net income for the second quarter of $5.9 billion or $0.71 per share, compared to $6.6 billion or $0.78 per share for the year-ago quarter.
The latest quarter results include $243 million of integration and restructuring expenses, or a $0.02 per share negative impact, related to both Microsoft's restructuring plan announced in July 2014 and the ongoing integration of the Nokia Devices and Services business. It also includes a $0.04 per share negative impact related to income tax expense resulting from an IRS audit adjustment.
Revenue for the second quarter rose to $26.47 billion from $24.52 billion in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to earn $0.71 per share on revenue of $26.33 billion for the second quarter. Analyst' estimates typically exclude special items.
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11. Texas Instruments Incorporated (TXN) reported fourth-quarter net income of $825 million or $0.76 per share, compared to $511 million or $0.46 per share, prior year. The company noted that its earnings per share included 7 cents for two items that were not in guidance for the quarter. Adjusted earnings per share was $0.69.
On average, 29 analysts polled by Thomson Reuters expected the company to report profit per share of $0.69 for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $3.27 billion from $3.03 billion last year. Analysts expected revenue of $3.26 billion for the quarter.
TI's outlook for the first quarter is for revenue in the range of $3.07 billion to $3.33 billion and earnings per share between $0.57 and $0.67. Analysts expect the company to report first-quarter earnings per share of $0.63 on revenue of $3.19 billion.
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12. Southern Missouri Bancorp, Inc. (SMBC) reported Q2 net income of $3.44 mln or $0.89 per share vs $2.52 mln or $0.73 per share a year ago.
Q2 Net interest income was $12.16 mln vs $8.33 mln a year ago.
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13. Silicon Motion Technology Corp. (SIMO) reported fourth-quarter net income of $11.92 million or $0.35 per ADS, compared to $5.42 million or $0.16 per ADS, prior year. Adjusted earnings per ADS were $0.48, for the quarter.
On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.47 for the quarter. Analysts' estimates typically exclude special items.
Net sales increased to $80.50 million from $52.49 million last year. Analysts expected revenue of $80.61 million for the quarter.
For the first quarter of 2015, the company expects: revenue to decrease 5% to 0% sequentially. For full-year 2015, the company expects: revenue to increase 15 % to 25 % as compared to full-year 2014.
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14. Great Southern Bancorp, Inc. (GSBC) reported Q4 net income of $12.07 million or $0.86 per share vs $8.67 million or $0.62 per share a year ago,
Q4 Net interest income was $45.52 million vs $40.49 million a year ago.
Analysts expected the company to report net income of $0.68 per share on revenues of $40.64 million for the period.
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15. HomeStreet, Inc. (HMST) reported net income of $5.6 million, or $0.38 per diluted share, for the fourth quarter of 2014, compared to net loss of $861 thousand, or $(0.06) per share, for the fourth quarter of 2013; Consensus $0.28 per share.
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