BRIEF-Sandridge Energy Q4 adj loss per share $0.09
March 29 - Sandridge Energy Inc
* Q4 adjusted loss per share $0.09
* Sandridge energy, inc. Updates shareholders on operations and reports financial results for fourth quarter and fiscal year 2015
* Q4 earnings per share view $-0.12 --
* Sandridge energy inc says introducing 2016 capital spend guidance of $285 million, about 60% below 2015 levels
* Sandridge energy inc says q4 production of 6.7 mmboe Source text for Eikon
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NQ Mobile Gains After-Hours as Q4 Earnings, Revenue Jump From Year Earlier
-- NQ Mobile (NQ) rose 4.2% after-hours on Monday as the firm said Q4 non-GAAP net income was $43 million, or $0.45 per diluted ADS, a jumped from the $6.1 million, or $0.06 per ADS reported a year earlier. The single analyst estimate on Capital IQ was $0.03, if comparable.
Revenue jumped to a quarterly record, up 42% to $127.5 million, topping the Street's view for $110.5 million.
21Vianet Group Reports Q4 Loss of $0.07, Narrower Than Estimates; Revenue Tops
21Vianet Group (VNET) reported a Q4 adjusted net loss of $4.5 million, or $0.07 per ADS, compared with the average of estimates compiled by Capital IQ for a loss of $0.13, if comparable.
Prior year figures were given in local currency, with adjusted profit of RMB7.1 million, or $1.1 million using current exchange rates.
Revenue rose 15% to $151.8 million, while the Street's view was for $150.8 million
JPMorgan Chase & Co. Raises Target Ariad Pharmaceuticals (ARIA) Market Outperform $9.00 - $11.00
FLY Leasing beats Q4 estimates; announces $30 mln share buyback; may not file 20-F in time due to dicussions with the SEC
Reports Q4 (Dec) earnings of $1.54 per share, excluding non-recurring items, $0.64 better than the Capital IQ Consensus of $0.90; revenues rose 15.5% year/year to $138.9 mln vs the $123.64 mln Capital IQ Consensus. As a result of the ongoing discussions with the SEC over accounting policies for mergers/intangibles, FLY may not be able to timely file its Annual Report on Form 20-F for the year ended December 31, 2015. The Board of Directors has now approved a new $30 million share repurchase program."Our aircraft sales and related strategic initiatives have reduced business risk, lowered our SG&A expenses and cost of debt, and generated substantial cash. In the last few months, we have used our cash to repurchase $100 million in shares, at prices significantly below FLY's book value per share... Traffic and financial forecasts for 2016 are even more buoyant, with airlines' business being strongly supported by lower fuel prices. These factors are supporting a strong demand for leased aircraft; in FLY's case we have all but one of our 2016 redeliveries committed."
Bitauto Posts Better-Than-Expected Q4; Guides Q1 Financials Above Street
Bitauto (BITA), provider of Internet content and marketing services, Tuesday reported better-than-expected results for Q4 2015 as well as its financial targets for Q1 2016.
Non-GAAP profit in the quarter was RMB112.2 million ($17.3 million), or RMB1.63 ($0.25) per diluted ADS, exceeding the Capital IQ consensus of $0.19. In the same period last year, non-GAAP profit was RMB197.4 million ($31.8 million), or RMB4.25 ($0.68) per diluted ADS.
Revenue totaled RMB1.24 billion ($191.3 million), a 27.1% increase from the corresponding period in 2014. Analysts polled by Capital IQ were looking for $189.7 million.
Looking ahead, the company said it plans to "optimize offline service infrastructure, further develop our transaction services, including automobile transactions, CRM and automotive financing services, and improve the overall efficiency of our transaction services." It expects to generate revenue in the range of RMB1.05 billion ($162.4 million) to RMB1.09 billion ($167.8 million) in Q1, with non-GAAP profit of RMB58.0 million ($9.0 million) to RMB68.0 million ($10.5 million). The Street view for Q1 is revenue of $144 million.