Entertainment Gaming Asia to Report Third Quarter 2013 Results on November 5, 2013 and Host Conference Call and Webcast
Business WirePress Release: Entertainment Gaming Asia Inc. – Wed, Oct 23, 2013 4:05 PM EDT..
Entertainment Gaming Asia Inc. (EGT) announced today that it will release its third quarter 2013 financial results on Tuesday, November 5, 2013 and will host a conference call that same day at 8:30 a.m. ET.
The conference call number is 800/734-4208 or 212/231-2919; please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call on the Internet; please allow 15 minutes to register and download and install any necessary software.
About Entertainment Gaming Asia Inc.
Entertainment Gaming Asia Inc. (EGT) is a leading gaming company in Pan-Asia engaged in the development and operation of casinos and gaming venues in the Indo-China region under its “Dreamworld” brand as well as the leasing of electronic gaming machines on a revenue sharing basis to the gaming industry. The Company also manufactures and sells RFID and traditional gaming chips and plaques to major casinos under its “Dolphin” brand.
Entertainment Gaming Asia Inc.
Traci Mangini, 312/867-0848
P&G Delivers First Quarter Core EPS of $1.05, Organic Sales Up 4%
Business WirePress Release: The Procter & Gamble Company – 19 hours ago..
The Procter & Gamble Company (PG) reported first quarter fiscal year 2014 diluted net earnings per share of $1.04, up eight percent versus the prior year. Core earnings per share were $1.05, a decrease of one percent versus the prior year. On a currency-neutral basis, core earnings per share increased eight percent for the quarter. Net sales were $21.2 billion, an increase of two percent, including a negative two percentage point impact from foreign exchange. Organic sales grew four percent for the quarter.
“P&G’s first quarter results were consistent with our plans and expectations, putting us on track to deliver our goals for the fiscal year,” said Chairman, President, and Chief Executive Officer A.G. Lafley. “We have good market share momentum, a number of strong innovations coming to market over the balance of the year, and cost savings from productivity efforts that will continue to build. We remain focused on driving innovation and productivity. We continue to improve operating discipline and execution every day to create value for consumers and shareowners.”
July – September Quarter Discussion
Net sales increased two percent to $21.2 billion in the July – September quarter, including a negative two percentage point impact from foreign exchange. Organic sales grew four percent. Organic sales were in-line or higher versus the prior year in all reporting segments. Organic volume also grew four percent. Pricing was unchanged versus the prior year.
Newell Rubbermaid Announces Solid Third Quarter 2013 Results and Approval of $350 Million Accelerated Share Repurchase Plan
•Core Sales Growth of 3.3% and Normalized EPS of $0.52
•Reported Sales Growth of 2.1% and Reported EPS of $0.66
Business WirePress Release: Newell Rubbermaid – 3 hours ago..
Newell Rubbermaid (NWL) today announced its third quarter 2013 financial results.
“Our third quarter results represent an important inflection point in our progress advancing the Growth Game Plan,” said Michael Polk, President and Chief Executive Officer. “Core sales grew 3.3 percent and normalized EPS grew 10.6 percent to $0.52. The sequential improvement in our growth rate versus our first half results was driven by core sales growth of over 4 percent in North America and 35 percent in Latin America. Successful new product launches, expanded distribution and stronger marketing initiatives delivered market share gains in Baby & Parenting, Home Solutions and Tools. Our growth was supported by increased advertising and promotion spending funded by Project Renewal savings and disciplined discretionary cost management. This is the power of the Growth Game Plan in action.
“Concurrent with our third quarter earnings announcement, our Board has authorized a $350 million accelerated share repurchase plan. This plan reflects confidence in the future prospects for Newell Rubbermaid and is an efficient use of divestiture proceeds and current year cash flow. Our company is growing stronger each quarter and, as a result, we can deliver increased value to shareholders through the accelerated purchase of the company’s shares while simultaneously investing to drive the Growth Game Plan into action,” concluded Polk.
Tupperware Brands Reports Record Third Quarter Sales and Profit; Continued Strong Emerging Market Performance
- Sales up 1% in U.S. dollars and up 6% local currency+ versus last year.
- GAAP diluted E.P.S. $0.95, versus $0.85 last year. Adjusted*, diluted E.P.S. $1.00, up 16% in local currency.
- Share repurchases of $100 million / 1.21 million shares.
PR NewswirePress Release: Tupperware Brands Corporation – Wed, Oct 23, 2013 7:00 AM EDT..
ORLANDO, Fla., Oct. 23, 2013 /PRNewswire/ -- (TUP) Tupperware Brands Corporation today announced record third quarter 2013 operating results.
Rick Goings, Chairman and CEO, commented, "The strength of our emerging markets drove our 6% local currency sales increase in the quarter. With over 85% of the world's population living in emerging markets, this continues to be a key advantage for our business. We are, however, an AND story with opportunities both in emerging and established markets in a well-balanced global portfolio. While our established markets in total did not perform as we would have hoped in the quarter, overall we continue to generate significant sales in these markets with a solid return on sales. Our success is driven by the power of our brand as well as our channel of distribution, through our world-wide sales force of 2.8 million."
Goings continued, "There were a number of external events during the quarter including storms and floods, impacts on consumer spending from currency devaluations and tax increases, and political unrest. While we are not immune to their impact, the flexibility of our business model enabled us to navigate through these external factors and deliver another strong quarter. A key reason we are able to do this is our institutional skill in direct selling fundamentals.
Utah Medical Products, Inc. Reports Financial Performance for Third Quarter 2013
GlobeNewswirePress Release: Utah Medical Products, Inc. – 13 hours ago..
SALT LAKE CITY, Oct. 24, 2013 (GLOBE NEWSWIRE) -- In the third calendar quarter (3Q) and first nine months (9M) of 2013, Utah Medical Products, Inc.'s (UTMD) changes in financial results compared to the same time period in the prior calendar year were as follows:
Sales: (4%) (4%)
Gross Profit: (8%) (5%)
Operating Income: (7%) (3%)
Net Income: (6%) -
Earnings Per Share: (7%) (1%)
Earnings per share for the most recent twelve months (TTM) were $2.71. Excluding the noncash effects of depreciation, amortization of intangible assets and stock option expense, TTM consolidated earnings before taxes plus interest expense were $18,189. Currency amounts throughout this report are in thousands, except per share amounts and where noted.
UTMD achieved the following profit margins in 3Q 2013 and 9M 2013 compared to 3Q 2012 and 9M 2012:
3Q 2013 3Q 2012 9M 2013 9M 2012
(Jul -- Sep) (Jul -- Sep) (Jan -- Sep) (Jan -- Sep)
Gross Profit Margin (gross profits/ sales): 59.3% 61.7% 60.1% 60.8%
Operating Profit Margin (operating profits/ sales): 36.5% 37.8% 37.1% 36.7%
Net Profit Margin (profit after taxes/ sales): 25.6% 25.9% 26.1% 24.9%
Income Statement Summary.
Due to quarter-to-quarter fluctuation in sales to distributors, the comparison of 2013 quarterly income statement results with the prior year have varied. For example, excluding sales to Cooper Surgical, UTMD's distributor of the Filshie Clip System in the U.S., 3Q 2013 consolidated sales were 1% higher than in 3Q 2012. Excluding, in addition, the negative impact of a stronger U.S. Dollar [USD or $] relative to the Australian Dollar [AUD] and the British Pound [GBP], total consol
4:18PM Wynn Resorts beats by $0.18, beats on revs (WYNN) 172.85 +6.39 : Reports Q3 (Sep) earnings of $1.84 per share, $0.18 better than the Capital IQ Consensus Estimate of $1.66; revenues rose 7.1% year/year to $1.39 bln vs the $1.37 bln consensus.
The increase in revs was driven by:
9.6% revenue increase from Macau operations and 1.1% higher revenues from Las Vegas operations
Adjusted property EBITDA (1) was $435.6 mln, up 8.2% increase from yr-ago
Wynn Resorts, Limited Reports Third Quarter 2013 Results
Business WirePress Release: Wynn Resorts, Limited – 3 hours ago..
Wynn Resorts, Limited (WYNN) today reported financial results for the third quarter ended September 30, 2013.
Net revenues for the third quarter of 2013 were $1,390.1 million, compared to $1,298.5 million in the third quarter of 2012. The increase was driven by a 9.6% revenue increase from our Macau operations and 1.1% higher revenues from our Las Vegas operations. Adjusted property EBITDA (1) was $435.6 million for the third quarter of 2013, an 8.2% increase from $402.6 million in the third quarter of 2012.
On a US GAAP basis, net income attributable to Wynn Resorts for the third quarter of 2013 was $182.0 million, or $1.79 per diluted share, compared to a net income attributable to Wynn Resorts of $112.0 million, or $1.11 per diluted share in the third quarter of 2012.
Adjusted net income attributable to Wynn Resorts (2) in the third quarter of 2013 was $187.0 million, or $1.84 per diluted share (adjusted EPS), compared to an adjusted net income attributable to Wynn Resorts of $149.2 million, or $1.48 per diluted share in the third quarter of 2012.
Wynn Resorts also announced today that the Company has approved a cash dividend for the quarter of $1.00 per common share. This dividend will be payable on November 21, 2013, to stockholders of record on November 7, 2013.
In the third quarter of 2013, net revenues were $997.6 million, a 9.6% increase from the $910.5 million generated in the third quarter of 2012. Adjusted property EBITDA in the third quarter of 2013 was $329.1 million, up 12.6% from $292.2 million in the third quarter of 2012.
Colgate Announces 3rd Quarter 2013 Results
Strong Organic Sales Growth Worldwide
Business WirePress Release: Colgate-Palmolive Company – 3 hours ago..
Colgate-Palmolive Company (CL) today reported worldwide Net sales of $4,398 million in third quarter 2013, an increase of 1.5% versus third quarter 2012. Global unit volume grew 5.0%, pricing increased 1.0% and foreign exchange was negative 4.5%. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 6.0%.
Net income and Diluted earnings per share in third quarter 2013 were $656 million and $0.70, respectively. Net income in third quarter 2013 included $24 million ($0.03 per diluted share) of aftertax charges resulting from the implementation of the previously disclosed four-year Global Growth and Efficiency Program (the “2012 Restructuring Program”) and costs associated with the sale of land in Mexico.
Net income and Diluted earnings per share in third quarter 2012 were $654 million and $0.68, respectively. Net income in third quarter 2012 included aftertax charges of $7 million ($0.01 per diluted share) resulting from the items described in Table 8.
Excluding the above noted items in both periods, Net income in third quarter 2013 was $680 million, an increase of 3% versus third quarter 2012, and Diluted earnings per share in third quarter 2013 was $0.73, an increase of 6% versus third quarter 2012.
Gross profit margin was 58.8% in third quarter 2013 versus 58.4% in the year ago quarter. Excluding the above noted items in both periods, Gross profit margin was 59.0% in third quarter 2013, an increase of 40 basis points versus the year ago quarter
KKR & Co. L.P. Announces Third Quarter 2013 Results
Strong Investment Performance Drives Meaningful Economic Net Income
GAAP net income (loss) attributable to KKR & Co. L.P. was $204.7 million for the quarter ended September 30, 2013, up from $127.4 million in the comparable period of 2012. GAAP net income (loss) attributable to KKR & Co. L.P. was $413.3 million for the nine months ended September 30, 2013, down from $464.1 million in the comparable period of 2012.
Assets under management (“AUM”) totaled $90.2 billion as of September 30, 2013, up from $83.5 billion as of June 30, 2013.
Fee related earnings (“FRE”) were $106.0 million and $292.2 million for the quarter and nine months ended September 30, 2013, respectively, up from $90.7 million and $233.8 million in the comparable periods of 2012.
Total distributable earnings were $251.1 million for the quarter ended September 30, 2013, down from $332.9 million for the quarter ended September 30, 2012. Total distributable earnings were $945.5 million for the nine months ended September 30, 2013, up from $903.1 million in the comparable period of 2012.
Economic net income (“ENI”) was $613.7 million for the quarter ended September 30, 2013, up from $509.9 million in the comparable period of 2012. ENI was $1.4 billion for the nine months ended September 30, 2013, down from $1.8 billion in the comparable period of 2012.
After-tax ENI was $0.84 per adjusted unit for the quarter ended September 30, 2013, up from $0.69 per adjusted unit in the comparable period of 2012. After-tax ENI was $1.90 per adjusted unit for the nine months ended September 30, 2013, down from $2.42 per adjusted unit in the comparable period of 2012.
Book value was $7.2 billion on a total reportable segment basis as of September 30, 2013 or $10.07 per adjusted unit.
Sentiment: Strong Buy
I have it at .59 as the 'Consensus" Hopefully they will release early tomorrow morning so it will be called up in the morning by buying from Europe before there market's closes. The "Whisper Number" for KKR's Top Line is: 258.00M.
All post's are welcome as the "Good Dr's In"!
Sentiment: Strong Buy
Schnitzer Announces Fourth Quarter Fiscal 2013 Earnings Date and Conference Call
Business WirePress Release: Schnitzer Steel Industries, Inc. – Tue, Oct 15, 2013 8:30 AM EDT..
.Schnitzer Steel Industries, Inc. (SCHN) will report its fourth quarter fiscal 2013 financial results on Tuesday, October 29, 2013 and will webcast a conference call to discuss the performance at 11:30 a.m. Eastern on the same day.
The webcast of the call and the accompanying slide presentation may be accessed on Schnitzer’s website under the Investor section Event Calendar. The call will be hosted by Tamara L. Lundgren, President and Chief Executive Officer, and Richard D. Peach, Senior Vice President and Chief Financial Officer.
Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled ferrous metal products in the United States with 60 operating facilities located in 14 states, Puerto Rico and Western Canada. The business has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company’s integrated operating platform also includes its auto parts and steel manufacturing businesses. The Company’s auto parts business sells used auto parts through its 61 self-service facilities located in 16 states and Western Canada. With an effective annual production capacity of approximately 800,000 tons, the Company’s steel manufacturing business produces finished steel products, including rebar, wire rod and other specialty products.
Sentiment: Strong Buy
Anticipated Earnings Increase for Newell Rubbermaid
Wall Street is high on Newell Rubbermaid NWL +0.17%, expecting it to report earnings that are up 6% from a year ago when it reports its third quarter earnings on Friday, October 25, 2013. The consensus estimate is 50 cents per share, up from earnings of 47 cents per share a year ago.
The consensus estimate has risen over the past month, from 49 cents, but it’s the same as the estimate from three months ago. Analysts are expecting earnings of $1.82 per share for the fiscal year. Analysts look for revenue to decrease 2% year-over-year to $1.50 billion for the quarter, after being $1.54 billion a year ago. For the year, revenue is expected to come in at $5.72 billion.
Over the last four quarters, revenue has fallen an average of 3% year-over-year. The biggest drop came in the first quarter, when revenue fell 7% from the year-earlier quarter.
The majority of analysts (82%) rate Newell as a buy. This compares favorably to the analyst ratings of six similar companies, which average 51% buys.
Wynn Resorts Announces Third Quarter Earnings Release Date
Business WirePress Release: Wynn Resorts, Limited –
Wynn Resorts, Limited (WYNN) announced today that it will release the Company’s financial results for the third quarter ended September 30, 2013 on Thursday, October 24, 2013, followed by a conference call at 1:30 p.m. PT (4:30 p.m. ET).
The call will be broadcast live under the “Company Information” section. Interested parties may also dial (855) 415-3151 or, for international callers, (706) 643-0974. The conference call ID is 78533163.
A replay of the call will be available through November 7, 2013 by dialing (855) 859-2056 or, for international callers, (404) 537-3406. The replay access code is 78533163.
Wynn Resorts, Limited
Lewis Fanger, Vice President
Sonic Reports Strong Fourth Fiscal Quarter 2013 Financial Results
Same-Store Sales Trends Position Company for Solid Start to 2014
Business WirePress Release: Sonic Corp. – 9 hours ago..
Sonic Corp. (SONC), the nation's largest chain of drive-in restaurants, today announced results for the fourth quarter and fiscal year ended August 31, 2013.
Key highlights of the company's fourth fiscal quarter included:
• The company's net income was $0.21 per diluted share compared with net income per diluted share of $0.25 in the fourth fiscal quarter of fiscal 2012;
• Excluding certain adjustments, which are detailed below, net income per diluted share increased 20% to $0.30 from $0.25 in the fourth fiscal quarter of 2012; and
• As previously announced, system-wide same-store sales increased 5.9% during the fourth fiscal quarter, consisting of a 6.0% same-store sales increase at franchise drive-ins and an increase of 5.2% at company drive-ins.
Key highlights of the company's fiscal year 2013 included:
• The company's net income was $0.64 per diluted share compared with net income per diluted share of $0.60 in fiscal 2012;
• Excluding certain adjustments, which are detailed below, net income per diluted share increased 20% to $0.72 from $0.60 in fiscal 2012;
• System-wide same-store sales increased 2.3%, consisting of a 2.3% same-store sales increase at franchise drive-ins and an increase of 2.5% at company drive-ins;
• Company drive-in margins improved by 60 basis points; and
• The company purchased $35.5 million in stock representing 6% of the company’s outstanding shares.
“Strong same-store sales during our summer quarter highlighted the strength and momentum of our business,” said Cliff Hudson, Chairman, Chief Executive Officer and President. “We are very pleased with our sales and profit performance
4:16PM Netflix beats by $0.03, reports revs in-line; guides Q4 EPS above consensus (NFLX) 354.99 +21.49 : Reports Q3 (Sep) earnings of $0.52 per share, $0.03 better than the Capital IQ Consensus Estimate of $0.49; revenues rose 22.2% year/year to $1.11 bln vs the $1.1 bln consensus. Co issues upside guidance for Q4, sees EPS of $0.47-0.73, excluding non-recurring items, vs. $0.44 Capital IQ Consensus Estimate.
Northern Trust Corporation Reports Third Quarter Net Income of $206.5 Million, Earnings Per Common Share of $0.84.
Business WirePress Release: Northern Trust Corporation – Wed, Oct 16, 2013
Northern Trust Corporation today reported third quarter net income per diluted common share of $0.84, up from $0.73 in the third quarter of 2012 and $0.78 in the second quarter of 2013. Net income was $206.5 million in the current quarter, an increase of 15% from $178.8 million in the prior year third quarter, and up 8% from $191.1 million in the prior quarter. Return on average common equity was 10.6% in the current quarter, compared to 9.6% in the prior year quarter and 10.0% in the prior quarter.
The current quarter includes a $32.6 million pre-tax gain on the sale of an office building property. Excluding the current quarter gain, net income per diluted common share, net income and return on average common equity would have been $0.76, $186.2 million, and 9.6%, respectively.
Frederick H. Waddell, Chairman and Chief Executive Officer, commented, “Revenue growth in the third quarter reflects a solid increase in trust, investment and other servicing fees. Assets under custody and under management increased 10% and 13%, respectively, versus last year, reflecting our success in winning new clients and serving existing clients, as well as higher equity markets. Expenses increased as a result of the growth in our business, including recent office openings in Frankfurt, Germany and Riyadh, Saudi Arabia, and continued investment to support technology initiatives and a growing set of regulatory and compliance requirements for our clients.”
The "Street" has CLX coming in at 1.03 for the quarter that should be reported on or about October 31, 2013! All post's welcome! The "Good Dr's In"!