loss

Evergreen Solar Posts Much Wider Loss Than Expected in Q4 (ESLR)

Published on Wed, 03/09/2011 - 17:38
By Stephanie Shyu in General Interest, ESLR, earnings, energy, evergreen solar, financial, loss, michael el-hillow, news, silicon, string ribbon, watt, Earnings
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Evergreen Solar (NASDAQ:ESLR) reported Q4 earnings Wednesday after the closing bell posting a net loss of $11.99 per share, which was much worse than the average $0.85 projected by analysts as well as the loss of $2.88 in the year

By Stephanie Shyu
sshyu@fnno.com

Ciena Corp Topped Q1 Estimates, Issued Q2 Revenue Guidance

Published on Mon, 03/07/2011 - 08:40
By FNNO Staff in General Interest, CIEN, analysis, business, ciena corp, earnings, eps, financial, first quater, loss, market, news, stock, trading, Earnings Reports

The company sees Q2 revenues of $415 million to $435 million, vs.

analysis, business, ciena corp, earnings, eps, financial, first quater, loss, market, news, stock, trading

Ciena Corp. (NASDAQ:CIEN) reported a Q1 loss of $0.14 per share, narrower than consensus estimates for a loss of $0.16 per share. Revenues for the quarter rose to $433.3 million, ahead of consensus estimates of $421.9 million.

By FNNO Staff
fnnonline@gmail.com

Justice Department finds 21 airlines guilty of price fixing

air-france klm, airlines, analysis, british airways, business, financial, fixing, justice department, loss, market, news, price, profits, stock, trading

An investigation by the Justice Department has revealed a major price-fixing scheme among airlines that artificially inflated passenger and cargo fuel surcharges between 2000-2006 to make up for lost profits. The Associated Press

By FNNO Staff
fnnonline@gmail.com

Bronco Drilling Beats Q4 Estimates (BRNC)

Published on Fri, 03/04/2011 - 10:25
By FNNO Staff in General Interest, BRNC, bronco drilling, ebitda, frank harrison, loss, market, news, share, stock, Earnings Reports
bronco drilling, ebitda, frank harrison, loss, market, news, share, stock

Bronco Drilling Company (NASDAQ:BRNC) reported Q4 EPS of $0.06, excluding several non-recurring charges, beating consensus estimates of a $0.01 per share loss. Revenues for the quarter were up 7.2% year-over-year, to $37.3 million

By FNNO Staff
fnnonline@gmail.com

Santarus Blows Past Q4 Revenue Estimates, Guides Above Stree

For 2011, the company expects revenue of about $110 mln, vs. the Street view of $99 mln. The company expects to report at least breakeven earnings on a GAAP basis. The Street stands at $0.07 per share.

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Santarus (SNTS) reports Q4 revenue of $25.9 mln, well ahead of the analyst consensus of $18 mln on Thomson Reuters. Loss for the quarter was $0.03, better than expectations of a loss of $0.28 per share, if comparable.

By Stephanie Shyu
sshyu@fnno.com

Western Refining Reports Surprise Q4 Loss

Published on Thu, 03/03/2011 - 11:06
By FNNO Staff in General Interest, billion, consensus, down, loss, per share, q4, quarter, revenue, western refining, Earnings

Jeff Stevens, Western's President and CEO, said, "Throughout 2010, we took a number of steps to improve our financial and operating performance. We believe the actions we took, position Western well for 2011.

billion, consensus, down, loss, per share, q4, quarter, revenue, western refining

Western Refining (NYSE:WNR) reported a Q4 loss of $0.04 per share, missing consensus estimates of a $0.06 per share profit. Revenues for the quarter were down 4.8% year-over-year to $1.86 billion, missing consensus estimates of $1

By FNNO Staff
fnnonline@gmail.com

JetBlue Hits Turbulence After Raymond James Downgrade

The stock was cut to "market perform" from "outperform" on the prospect that high fuel prices will cut into JetBlue's 2011 earnings, dropping EPS below Raymond James' 40-cent estimate.

JetBlue opened down 8 cents at $5.51 and fell to a low of $5.45 before broad market sentiment pared losses, lifted by an upbeat private-sector jobs report. The stock has declined about 19% over the past three months in step with o

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JetBlue Airways Corp. (JBLU) is down fractionally Wednesday, after it was downgraded this morning by Raymond James.

By Stephanie Shyu
sshyu@fnno.com

MBIA Reports Q4 Results (MBI)

The bond insurer also reported an adjusted pre-tax loss of $311 million in the latest quarter, versus an adjusted pre-tax loss of $541 million in the fourth quarter of 2009.

MBIA Inc.

analyst, asset, bond, book value, cash, cfo, chuck chaplin, consensus, corporation, dollar, earnings, finance, financial, housing, income, insurance, insurer, investors, loss, mbi, mbia, mortgages, nyse, public finance, securities, shareholders, shares, tax, wall street

MBIA Inc. (NYSE:MBI) reported net income available to common shareholders of $451 million, or $2.24 per share, which may not be comparable with the consensus estimate for a loss of $0.27 per share. Adjusted Book Value was recorded

By Stephanie Shyu
sshyu@fnno.com

Hovnanian Saw Greater Than Projected Loss, Q1 Net Contracts Down 13% (HOV)

In contrast, Q1 2010 saw net income of $236.2 million, or $2.97 per diluted share, on revenues of $319.6 million. The mean analyst estimate was for a Q1 2011 loss of $0.61a share.

The homebuilding company saw a 13% decrease in net contracts from the prior year to 792 homes in the quarter.

Ara K.

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Hovnanian Enterprises (NYSE:HOV) reported Q1 2011 earnings Tuesday following the closing bell with a net loss of $64.1 million, or $0.82 per share, on revenues of $252.6 million.

By Stephanie Shyu
sshyu@fnno.com

Dendreon Posts Wider Than Expected Q4 Loss, But Revenues Up YoY (DNDN)

Revenue for the quarter was $25 million, compared to $21,000 for the same quarter in 2009. FY revenue came in at $48.1 million, compared to $100,000 the year before.

Mitchell H.

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Dendreon (NASDAQ:DNDN) reported Q4 and FY 2010 earnings results Tuesday during the trading day, posting a disappointing loss of $0.64 per share for the quarter, a bigger loss than the $0.49 analysts were projecting on average. Net

By Stephanie Shyu
sshyu@fnno.com

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