BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Finding positive earnings news in the new quarter]]>http://www.bloggingstocks.com/2008/07/09/finding-positive-earnings-news-in-the-new-quarter/http://www.bloggingstocks.com/2008/07/09/finding-positive-earnings-news-in-the-new-quarter/http://www.bloggingstocks.com/2008/07/09/finding-positive-earnings-news-in-the-new-quarter/#commentsFiled under: , ,

As the new earnings season kicked off, Alcoa Inc. (NYSE: AA) posted better-than expected results, despite a decline in earnings, and Pepsi Bottling Group (NYSE: PBG) topped Wall Street expectations as well. This just goes to show that there is some good news in earnings if you know where to look. Here are a few recent, less-prominent examples.

Flow International Corp. (NASDAQ: FLOW), which makes industrial waterjet equipment, swung to a better-than-expected fiscal fourth-quarter profit of $13.3 million, or 35 cents per share, helped by a boost in sales due to strong demand and an income tax benefit. Revenue rose 21% to $63.3 million. Shares are creeping up from a 52-week low of $6.81 a week ago.

Motor sports company International Speedway Corp.'s (NASDAQ: ISCA) second-quarter profit rose 41% to $26 million, or 52 cents per share. However, revenue slipped 3% to $174.9 million as admission and food and merchandise sales declined. Results fell short of Wall Street expectations, and shares fell to a 52-week low of $36.36.

Apparel and footwear company Wolverine World Wide Inc. (NYSE: WWW), second-quarter profit of $16.8 million, or 33 cents per share, topped Wall Street expectations, as strong international results linked to the weaker dollar largely offset increased product and freight costs. Revenue climbed 7% to $267.4 million. But shares fell $3.11 to $23.46 in morning trading.

Continue reading Finding positive earnings news in the new quarter

Finding positive earnings news in the new quarter originally appeared on BloggingStocks on Wed, 09 Jul 2008 13:48:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAlcoaearningsEZcorpEZPWFLOWFlow InternationalInternational SpeedwayinthenewsISCAPBGPepsi BottlingPriceSmartPSMTWolverine World WideWWWWed, 09 Jul 2008 13:48:00 EST<![CDATA[Earnings highlights: Blackstone, Caterpillar, Kroger, WellPoint, Boston Beer, and others]]>http://www.bloggingstocks.com/2008/03/15/earnings-highlights-blackstone-caterpillar-kroger-wellpoint/http://www.bloggingstocks.com/2008/03/15/earnings-highlights-blackstone-caterpillar-kroger-wellpoint/http://www.bloggingstocks.com/2008/03/15/earnings-highlights-blackstone-caterpillar-kroger-wellpoint/#commentsFiled under: , , , , , , ,

Here are a few highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Blackstone, Caterpillar, Kroger, WellPoint, Boston Beer, and others

Earnings highlights: Blackstone, Caterpillar, Kroger, WellPoint, Boston Beer, and others originally appeared on BloggingStocks on Sat, 15 Mar 2008 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AristotleARTLBarnes and NobleBear StearnsBKSBlackstoneBoston BeerBSCBXCAICAPCATCaterpillarCNSLcraft beersCRMTearningsearnings reportsFDXFedFedExFLOWFlow InternationalGehlGeneral MillsGeorges YaredGISGoldman SachsGOOGGoogleGSJ CrewJCGJim CramerKRKrogerLEHLehman Bros.MaidenformMFBMorgan StanleyMSNikeNKESAMSam AdamsSECSmart BalanceSMBLTake-TwoTargetTGTTTWOWal-MartWellPointWLPWMTSat, 15 Mar 2008 11:40:00 EST<![CDATA[Time to go with the FLOW?]]>http://www.bloggingstocks.com/2007/03/02/time-to-go-with-the-flow/http://www.bloggingstocks.com/2007/03/02/time-to-go-with-the-flow/http://www.bloggingstocks.com/2007/03/02/time-to-go-with-the-flow/#commentscovering one of his letters since my return to writing, his letter to the management of Acorda. Another Third Point position I am closely following is Flow International (NASDAQ: FLOW).

Flow International is a UHP water pump company. What exactly are UHP water pumps? Basically, these are high pressure (40,000-87,000 psi) water pumps used to cut and clean various materials. Using a UHP water pump to cut is viewed as being more flexible than other cutting methods (e.g. lasers, saws) because it can cut more materials and it cuts without heat. In addition, there are benefits to using UHP water pumps in industrial cleaning, paint removal, and so on. For example, there are usually fewer environmental concerns in using water pumps compared to older, traditional methods such as sandblasting. Due to the benefits of UHP water pumps when compared to their traditional alternatives, the upside of the entire market seems very bright.

The growth in FLOW's underlying fundamentals has been fairly significant during recent years. First, the company had its first year of positive net income in 2006, earning roughly $6 million. 2006 also showed a roughly 100% increase in EBIT when compared to 2005 figures. While $6 million in net income seems rather insignificant for a company with a market cap of $445 million, what's important is the company's future. I believe the company has significant earnings potential over the next few years and the six analysts following the company seem to agree. For 2007, the average analyst estimate is 39 cents per share (on $226 million in sales). This would represent an increase in roughly 50% for EPS.

Continue reading Time to go with the FLOW?

Time to go with the FLOW? originally appeared on BloggingStocks on Fri, 02 Mar 2007 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Dan LoebDanLoebFLOWFlow InternationalFlowInternationalStephen LightStephenLightThird PointThirdPointFri, 02 Mar 2007 10:30:00 EST