Here is a quick summary of the earnings reported after the bell on May 21. All these stocks listed below and many more have been researched already, and a few stocks have been short-listed as potential gainers. Click here to find out more...
1.Continental Materials Corporation (CUO)
Q1 net loss from operations was $196000 or $0.12 per share vs net loss of $1.18 million or $0.72 per share a year ago.
Consolidated sales in the first quarter were $30.69 million vs $26.82 million a year ago.
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2.Brocade Communications Systems, Inc. (BRCD)
Net income for the second quarter was $77.0 million or $0.18 per share, compared to net loss of $13.7 million or $0.03 per share for the year-ago quarter.
Excluding items, adjusted earnings for the second quarter were $0.22 per share, compared to $0.19 per share in the prior year quarter.
Net revenue for the second quarter rose 2% to $546.58 million from $536.91 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn $0.20 per share on revenue of $551.33 million for the second quarter. Analysts' estimates typically exclude special items.
Looking forward to the third quarter, the company forecasts revenue of $540 million to $560 million and adjusted earnings of $0.21 to $0.23 per share. Analysts currently expect the company to earn $0.22 per share on revenue of $561.36 million for the third quarter.
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3.Gap Inc. (GPS)
First quarter net income was $239 million or $0.56 per share, compared to $260 million or $0.58 per share for the year-ago quarter.
The company's earnings per share for the first quarter of fiscal year 2015 includes a non-recurring benefit of about $0.02 related to a reversal of tax-related interest expense.
Net sales for the first quarter fell 3% to $3.66 billion from $3.77 billion a year earlier.
Analysts polled by Thomson Reuters expected the company to earn $0.56 per share on revenue of $3.75 billion for the first quarter. Analysts' estimates typically exclude special items.
The company also reaffirmed its full-year 2015 earnings per share guidance to be in the range of $2.75 to $2.80. Analysts currently expect the company to earn $2.78 per share for the full year 2015.
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4.Intuit Inc (INTU)
Third-quarter net earnings were $501 million or $1.78 per share, compared with $984 million or $3.39 per share last year.
Excluding items, adjusted earnings for the quarter were $2.85 per share, compared with $3.53 per share a year ago.
On average, 17 analysts polled by Thomson Reuters estimated earnings of $2.74 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter slid 8 percent to $2.19 billion from $2.39 billion in the prior year. Fourteen analysts had a consensus revenue estimate of $2.15 billion for the quarter.
For the fourth quarter, the company expects adjusted loss of $0.12 to $0.10 per share on revenues of $720 million to $745 million. Analysts expect a loss of $0.05 per share on revenues of $728.4 million.
For the full year 2015, the company now expects adjusted earnings of $2.50 to $2.52 per share on revenues of $4.40 billion to $4.42 billion. Earlier it expected earnings of $2.45 to $2.50 per share on revenues of $4.28 billion to $4.38 billion.
Analysts expect earnings of $2.52 per share on revenues of $4.36 billion for the year.
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5.Lions Gate Entertainment Corp (LGF)
Fourth-quarter net earnings were $19.6 million or $0.14 per share compared with $49.2 million or $0.33 per share last year.
Excluding stock-based compensation expense and other one-time items, adjusted earnings for the quarter were $0.39 per share compared with $0.42 per share a year ago.
Revenues for the quarter were $646 million compared with $721.9 million in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $0.32 per share on revenues of $672.3 million for the quarter. Analysts' estimates typically exclude special items.
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6.Gordmans Stores, Inc. (GMAN)
Net income for the first quarter owas $0.4 million, or $0.02 per share, compared to a net loss of ($0.7) million, or ($0.04) per share, a year ago.
Net sales for the first quarter increased 2.0% to $145.9 million from $143.0 million a year ago.
Analysts expected the company to report net loss of $0.03 per share on revenues of $147.25 million for the period.
Comparable store sales on an owned and licensed basis decreased 1.0%. On an owned basis, comparable store sales declined 1.7%, in line with guidance.
Q2 Outlook
For the second quarter of fiscal year 2015, the company expects net sales to be between $144 million and $147 million.
The company projects a loss per share in the range of ($0.15) to ($0.12) for the second quarter.
Analysts expect the company to report net loss of $0.12 per share on revenues of $147.29 million for the period.
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7.New York & Company, Inc. (NWY)
GAAP net loss for the first quarter was $4.7 million, or $0.07 per share vs net loss of $0.3 million, or breakeven per share a year ago.
Q1 Adjusted net loss was $1.8 million, or $0.03 per share.
Q1 Net sales were $223.4 million, as compared to $219.6 million in the prior year.
Q2 Outlook
Net sales and comparable store sales are expected to increase by a low single-digit percentage versus last year.
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8.Ross Stores Inc (ROST)
First-quarter net earnings were $282.2 million or $1.37 per share compared with $243.9 million or $1.15 per share last year.
Ross said results for the quarter included a benefit of about $0.04 per share mainly from the favorable timing of packaway-related costs. Adjusting for this, quarterly earnings per share rose 16% over the prior year.
Revenues for the quarter were $2.94 billion compared with $2.68 billion in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $1.28 per share on revenues of $2.89 billion for the quarter. Analysts' estimates typically exclude special items.
Comparable store sales for the quarter were up 5%.
For the second quarter, the company expects earnings of $1.19 to $1.24 per share; adjusting for the recently announced two-for-one stock split that becomes effective June 11, earnings are forecast to be $0.59 to $0.62.
Analysts expect earnings of $1.26 per share for the quarter.
Ross expects same store sales to increase 2% to 3% for the second quarter.
For the full year 2015, the company now expects earnings of $4.72 to $4.87 per share, up from prior guidance of $4.60 to $4.80 per share; on a split-adjusted basis, earnings are forecast to be $2.36 to $2.44 per share.
Analysts expect earnings of $4.83 per share for the year.
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9. Fuwei Films (Holdings) Co., Ltd. (FFHL)
Net loss attributable to the company during the first quarter was RMB15.0 million or US$2.4 million compared to net loss of RMB13.3 million during the same period a year ago.
Q1 net loss per share was RMB1.15 or US$0.19 vs loss per share of RMB1.02 a year ago.
Net sales during the first quarter were RMB52.8million or US$8.5 million, compared to RMB70.7million, during the same period a year ago.
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10.Aéropostale Inc (ARO)
First-quarter net loss was $45.3 million or $0.57 per share compared with a loss of $76.8 million or $0.98 per share last year.
Excluding items, adjusted loss for the quarter was $0.56 per share compared with a loss of $0.52 per share a year ago.
Revenues for the quarter fell 20% to $318.6 million from $395.9 million a year ago.
Analysts polled by Thomson Reuters estimated a loss of $0.55 per share on revenues of $325 million for the quarter. Analysts' estimates typically exclude special items.
Comparable sales for the quarter decreased 11%.
For the second quarter, the company expects net loss of $0.60 to $0.52 per share, while analysts expect a loss of $0.37 per share.
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11.The Fresh Market, Inc. (TFM)
Net income for the first quarter was $15.2 million or $0.31 per share, compared to $16.6 million or $0.34 per share for the year-ago quarter.
Excluding items, adjusted earnings for the first quarter were $0.50 per share, compared to $0.43 per share in the prior year quarter.
Net sales for the first quarter rose 7.2% to $462.04 million from $431.00 million a year ago. Same-store sales for the quarter decreased 0.1%.
Analysts polled by Thomson Reuters expected the company to earn $0.49 per share on revenue of $473.86 million for the first quarter. Analysts' estimates typically exclude special items.
The company forecast fiscal 2015 adjusted earnings of $1.85 to $1.93 per share on net sales growth of 9.0% to 11.0%.
Analysts currently expect the company to earn $1.87 per share on revenue growth of 12.8% for the fiscal year 2015.
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12.Hewlett-Packard Co. (HPQ)
Net income for the second quarter was $1.0 billion or $0.55 per share, compared to $1.3 billion or $0.66 per share for the year-ago quarter.
Excluding items, adjusted net income for the second quarter was $1.6 billion or $0.87 per share, compared to $1.7 billion or $0.88 per share in the prior year quarter.
Net revenue for the second quarter fell 7% to $25.45 billion from $27.31 billion in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to earn $0.86 per share on revenue of $25.63 billion for the second quarter. Analysts' estimates typically exclude special items.
Looking forward to the third quarter, the company forecasts earnings of $0.50 to $0.54 per share and adjusted earnings of $0.83 to $0.87 per share.
For the fiscal year 2015, the company continues to forecast earnings of $2.03 to $2.23 per share and adjusted earnings of $3.53 to $3.73 per share.
Analysts currently expect the company to earn $0.87 per share for the third quarter and $3.64 per share for the fiscal year 2015.
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13.Orion Energy Systems, Inc. (OESX)
Q4 net loss was $(4.7) million, or $(0.19) per share, compared to net loss of $(8.8) million, or $(0.41) per share, in the prior year period.
Q4 revenue was $19.4 million, an increase of 53.9% compared to $12.6 million in the prior-year period.
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14.Jumei International Holding Limited (JMEI)
Q1 Net income attributable to Jumei's ordinary shareholders increased by 49.5% to US$15.7 million from US$10.5 million in the same period a year ago.
Q1 Net income per ADS was US$0.10 compared with US$0.12 a year ago.
Non-GAAP net income attributable to Jumei's ordinary shareholders was US$17.2 million, an increase of 44.5% from US$11.9 million in the same period a year ago.
Non-GAAP net income per ADS was US$0.11 compared with US$0.14 in the same period a year ago.
Q1 Total net revenues were US$250.6 million, an increase of 61.8% from US$154.9 million last year.
Analysts expected the company to report net income of $0.09 per share on revenues of $230.53 million for the period.
Q2 Outlook
For the second quarter, the company expects total net revenues to be between US$270.1 million and US$277.8 million; Consensus $237.9 million.
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15.Acxiom Corp (ACXM)
Fourth-quarter net loss narrowed to $5 million or $0.08 per share from $29.2 million or $0.38 per share last year.
Excluding items, adjusted earnings for the quarter were $0.24 per share compared with $0.26 per share a year ago.
Revenues for the quarter fell 4.2% to $257.4 million from $268.8 million in the prior year, as a result of expected IT Infrastructure Management declines.
Analysts polled by Thomson Reuters estimated earnings of $0.22 per share on revenues of $259.3 million for the quarter. Analysts' estimates typically exclude special items.
For the full year 2016, the company expects earnings from continuing operations of $0.45 to $0.50 per share on revenues of $815 million to $840 million. Analysts expect earnings of $0.90 per share on revenues of $1.05 billion.
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16.Marvell Technology Group Ltd. (MRVL)
Net income for the first quarter was $14.1 million or $0.03 per share, compared to $99.5 million or $0.19 per share for the year-ago quarter.
Excluding items, adjusted net income for the first quarter was $71.1 million or $0.13 per share, compared to $144.2 million or $0.27 per share in the prior year quarter.
Revenue for the first quarter fell 24% to $724.29 million from $957.83 million a year earlier.
Analysts polled by Thomson Reuters expected the company to earn $0.10 per share on revenue of $733.83 million for the first quarter. Analysts' estimates typically exclude special items.
Looking forward to the second quarter, the company forecasts revenue of $710 Million to $740 Million, earnings per share of $0.02 +/- $0.01 and adjusted earnings per share of $0.11 +/- $0.01. Analysts currently expect the company to earn $0.16 per share on revenue of $784.25 million for the second quarter.
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17.Cavco Industries, Inc. (CVCO)
Net income attributable to Cavco stockholders was $6.0 million or $0.66 per share for the fourth quarter, compared to $4.2 million or $0.47 per share reported in the same quarter of the prior year; Consensus $0.52.
Net revenue for the fourth quarter totaled $141.2 million, up 7.7% from $131.2 million a year ago.
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18.Cellectar Biosciences, Inc. (CLRB)
Q1 net loss was $2.3 million or ($0.30) per share versus a net loss of $2.9 million or ($1.03) per share a year ago.
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19.Cidara Therapeutics, Inc. (CDTX)
Net loss for the first quarter was $6.7 million or $5.92 per share compared to net loss of $0.7 million or $1.81 per share a year ago.
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20.China New Borun Corporation (BORN)
Q1 Net income decreased 59.8% to RMB15.8 million ($2.6 million) from RMB39.3 million a year ago.
Q1 EPADS were RMB0.61 ($0.10).
Q1 Total revenue decreased 8.8% to RMB570.9 million ($93.0 million) from RMB625.7 million a year ago.
Q2 Outlook
The company estimates that its revenue for the second quarter will be in the range of RMB620 million ($100.9 million) to RMB660 million ($107.5 million)
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21.Pall Corp (PLL)
Third-quarter net earnings were $96.2 million or $0.89 per share compared with $88.7 million or $0.80 per share last year.
Excluding items, pro forma earnings for the quarter were $0.92 per share compared with $0.81 per share a year ago.
Pall, which is being acquired by Danaher Corp (DHR), said its revenues for the quarter marginally fell to $681.1 million from $682.4 million in the prior year.
Analysts polled by Thomson Reuters expected Pall to report earnings of $0.85 per share on revenues of $673 million for the quarter. Analysts' estimates typically exclude special items.
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22.America's Car-Mart, Inc. (CRMT)
Q4 Net income of $7.2 million or $0.81 per share vs. $6.3 million or $.68 per share a year ago; Consensus $0.83.
Q4 Revenues were $138 million compared to $123 million for the prior year quarter.
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23.Silvercorp Metals Inc. (SVM)
Q4 Net loss attributable to equity holders was $118.5 million or $0.69 per share compared to $4.5 million or $0.03 per share a year ago.
Q4 adjusted net loss attributable to the equity holders was $0.2 million or $0.00 per share vs. adjusted net income of $1.1 million, or $0.01 per share a year ago.
Q4 Sales were $20.3 million compared to $16.1 million in the same quarter last year.
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