SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Friday's session are Dell Inc., Time Warner Inc., Nvidia Corp., Intuit Inc. and PG&E Corp.
Beckman Coulter Inc. (BEC) is expected to report fourth-quarter earnings of 74 cents a share, according to analysts polled by Thomson First Call.
Campbell Soup Co.'s (CPB) fiscal second-quarter profit is expected to be 59 cents a share.
J.M. Smucker Co. (SJM) is seen posting fiscal third-quarter earnings of 73 cents a share.
PG&E Corp. (PCG) is expected to post fourth-quarter earnings of 43 cents a share.
RadioShack Corp. (RSH) is seen posting a fourth-quarter profit of 67 cents a share.
Zale Corp.'s (ZLC) fiscal second-quarter results are expected to show a per-share profit of $1.91.
After Thursday's closing bell, Dell Inc. (DELL) said its quarterly profit rose 52%, as the world's No. 1 maker of personal computers sold more laptops and non-PC gear to corporations and non-U.S. customers. See full story. See After Hours column.
Advanced Energy Industries Inc. (AEIS) reported fourth-quarter net earnings of $10 million, or 22 cents a share. During the same period a year ago, the company posted a net loss of $23 million, or 70 cents a share. Revenue fell to $80.4 million from $84.8 million a year ago.
Audible Inc. (ADBL) reported a fourth-quarter net loss of $2.1 million, or 9 cents a share. During the same period a year ago, Audible posted net earnings of $1.25 million, or 5 cents a share. Revenue at the Wayne, N.J.-based provider of digitally delivered spoken-word audio rose to $18 million from $10.2 million. Analysts polled by Thomson First Call had forecast fourth-quarter revenue of $18 million.
Brocade Communications Systems Inc. (BRCD) reported fiscal first-quarter net earnings of $12.6 million, or 5 cents a share, down 55% from $27.9 million, or 10 cents a share, in the year-ago period. Excluding certain items, earnings came in at 10 cents a share compared with 10 cents a share last year. Revenue at the San Jose, Calif.-based data storage networking company rose to $170.1 million from $161.6 million. Analysts polled by Thomson First Call had forecast per-share earnings of 5 cents on revenue of $158 million.
Constellation Brands Inc. (STZ) said Stephen Millar, chief executive of Constellation Wines, is retiring as of Feb. 28, and its worldwide wines business is reorganizing. The company sees $55 million in pretax restructuring charges. Within individual Constellation Wines U.S. wine companies, certain wine production processes will be integrated, and the company is streamlining its U.K. operations, primarily through personnel reductions. For fiscal 2006, the company expects sales growth in the mid-teens, and operating income of $1.33 to $1.36 on a per-share basis.
Intuit Inc. (INTU) said its quarterly profit climbed 26%, helped by a gain from the sale of a unit, as revenue increased 15% on strength in demand for its QuickBooks and TurboTax products. See full story.
Isle of Capri Casinos (ISLE) earned $4.1 million, or 13 cents a share, in its fiscal third quarter ended Jan. 22, up from $3.5 million, or 11 cents a share, in the year-ago quarter. Revenue came in at $269.8 million, up from $265.4 million. The average estimate of analysts polled by Thomson First Call had been for Isle to earn 11 cents a share on revenue of $269 million.
Montpelier Re Holdings (MRH) reported a fourth-quarter operating loss of more than $50 million as the Bermuda-based reinsurer continued to feel the effects of last year's hurricanes. Net losses came in at $61 million, or 68 cents a share, compared with a profit of $102.4 million, or $1.53 a share, for the same quarter last year, the company said. On an operating basis, which excludes net realized investment gains and losses, Montpelier said it lost $53.2 million, or 59 cents a share, vs. a profit of $94.6 million, or $1.41 per share, for the same quarter of 2004. Montpelier was expected to make a profit of nine cents a share, according to an analyst poll by Thomson First Call.
Netgear Inc. (NTGR) said fourth-quarter net income was $8.87 million, or 26 cents a share, compared with $8.56 million, or 26 cents a share, during the year-earlier period. Quarterly pro forma per-share income was 27 cents, compared with 23 cents last year. Analysts polled by Thomson First Call had expected per-share income of 28 cents. The networking products company said quarterly revenue was $121.8 million, compared with $105.1 million last year. Analysts were looking for revenue of $125 million.
Nvidia Corp. (NVDA) reported fourth-quarter net earnings of $98.1 million, or 53 cents a share, compared with $48 million, or 27 cents a share, a year ago. The Santa Clara, Calif.-based designer of graphics chips said revenue was $633.6 million, up from $566.5 million in the year-ago period. Analysts surveyed by Thomson First Call were expecting Nvidia to report a per-share profit of 49 cents on revenue of $625 million.
Priceline.com Inc. (PCLN) reported fourth-quarter net earnings of $3.79 million, or 9 cents a share, down 24% from $5 million, or 12 cents a share, during the same period a year ago. Pro forma earnings were 28 cents a share for the quarter. Revenue at the Norwalk, Conn.-based online travel company rose to $203.9 million from $195 million a year ago. Analysts polled by Thomson First Call had forecast fourth-quarter revenue of $205 million.
Massive hurricane costs and the loss of key financial-strength ratings forced PXRE Group (PXT) to consider "strategic alternatives," the Bermuda-based reinsurer said.
Red Robin Gourmet Burgers Inc. (RRGB) reported fourth-quarter net earnings of $5.53 million, or 33 cents a share, vs. $5.7 million, or 34 cents a share, in the year-ago period. Revenue at the Greenwood Village, Colo.-based data restaurant chain rose 19% to $116.5 million from $97.6 million. Same-restaurant sales rose 2.7% in the quarter.
Sapient Corp. (SAPE) posted fourth-quarter net earnings of $11.4 million, or 9 cents a share, compared with $8 million, or 6 cents a share, a year ago. Earnings on a pro forma basis were $9 million, or 7 cents a share. Revenue rose to $87.3 million vs. $70 million last year, said the Cambridge, Mass.-based business consulting company.
Silicon Image Inc. (SIMG) said fourth-quarter net income was $12.6 million, or 15 cents a share. During the same period last year, the company reported a net loss of $80,000, or breakeven on a per-share basis. On a pro forma basis, quarterly per-share income was 16 cents, compared with 12 cents last year. Analysts polled by Thomson First Call were looking for per-share income of 15 cents. Silicon Image said quarterly revenue was $61.4 million, compared with $46.1 million last year. Analysts were looking for revenue of $60 million.
Billionaire financier Carl Icahn has decided to give up his campaign to force a breakup of Time Warner Inc. (TWX) because he may be able to reach a settlement with the media titan, according to a published report.