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Digest
EARNINGS
By TIMES WIRES
Published January 30, 2007
Verizon Communications Inc. The telecommunications company's fourth-quarter profit was off by 38 percent, cut by restructuring costs, although Verizon Wireless added 2.3-million customers, most of them prized monthly subscribers, to put a shine on a the company's latest filing. 4th Qtr Year Ago Revenue $22.6-bil $17.9-bil Net Income $1.03-bil $1.66-bil Per Share 35 cents 59 cents 2006 2005 Revenue $88.1-bil $69.5-bil Net Income $6.2-bil $7.4-bil Per Share $2.12 $2.67 Nicholas FinancialInc. The Clearwater car-finance company reported another record quarter, with net income up 2 percent on a 6percent increase in revenue. Nicholas has 45 branches in the Southeast and Midwest and is in the process of adding two more, in Pompano Beach and Birmingham, Ala. The latter will be the company's first office in Alabama. 3rd Qtr Year Ago Revenue $11.7-mil $11.1-mil Net Income $2.8-mil $2.7-mil Per Share 27 cents 26 cents Mattel Inc. The world's largest toymaker said its fourth-quarter profit rose 3percent boosted by strong sales of its Barbie and Fisher-Price toys, including the popular TMX Elmo doll. 4th Qtr Year Ago Revenue $2.11-bil $1.84-bil Net Income $286.4-mil $279.2-mil Per Share 75 cents 69 cents 2006 2005 Revenue $5.65-bil $5.18-bil Net Income $592.9-mil $417-mil Per Share $1.53 $1.01 Tyson Foods Inc. The world's largest meat producer posted its first profitable quarter in a year, but warned that a "dramatic rise" in corn prices caused by new demand for ethanol will raise the cost of poultry and livestock fed with the grain. 1st Qtr Year Ago Revenue $6.56-bil $6.45-bil Net Income $57-mil $39-mil Per Share 16 cents 11 cents United States SteelCorp. The Pittsburgh-based steelmaker's fourth-quarter profit more than doubled from a year ago, boosted by higher sales and steel prices, the company said. 4th Qtr Year Ago Revenue $3.77-bil $3.47-bil Net Income $297-mil $109-mil Per Share $2.50 85 cents 2006 2005 Revenue $15.72-bil $14-bil Net Income $1.37-bil $892-mil Per Share $11.18 $7.00
[Last modified January 29, 2007, 23:28:43]
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