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Digest

Earnings

By TIMES WIRES
Published April 26, 2007

Raymond James Financial Inc.

The St. Petersburg-based financial services company said revenue rose 5 percent but net income fell 3 percent for the quarter ended March 31. The year-ago numbers got a boost from the sale of seats on the New York and Montreal stock exchanges. Chairman Tom James said "retail commission and investment activity have accelerated, implying favorable conditions for the securities industry, at least in the near term."

2nd Qtr Year Ago Net Revenue $625.7-mil $596-mil Net Income $59.7-mil $61.5-mil Per Share 50 cents 53 cents

Catalina Marketing Corp.

Facing a tough comparison quarter during its transition to color printing, the St. Petersburg coupon and advertising distributor reported a decline in revenue and earnings. The company has new printers installed in 90 percent of its supermarket network, but said marketers had been waiting for results to prove the higher price is worth it. Catalina's own research found its color coupons had a 30 percent higher redemption rate than its old monotone ones.

1st Qtr Year Ago Revenue $123-mil $125-bil Net Income $17-mil $24-mil Per Share 37 cents 51 cents

Lincare Holdings Inc.

The Clearwater provider of home oxygen services said revenue was up 13.5 percent for the quarter ended March 31. Lincare said sales growth from new centers was partly offset by cuts in Medicare reimbursement for its services. Lincare opened 12 new centers in the first quarter for a total of 990 sites nationwide.

1st Qtr Year Ago Revenue $378.5-mil $333.6-mil Net Income $53.9-mil $47.9-mil Per Share 59 cents 48 cents

Anheuser-Busch Cos. Inc.

Pricier beer and fewer discounts pushed the nation's largest brewer's earnings up 3.7 percent in the first quarter, the maker of Budweiser and Bud Light said Wednesday.

1st Qtr Year Ago Revenue $3.86-bil $3.76-bil Net Income $518-mil $499-mil Per Share 67 cents 64 cents

Apple Inc.

Second-quarter profit rose 88 percent because of growing consumer demand for Apple's iPod media players and Macintosh computers.

2nd Qtr Year Ago Revenue $5.26-bil $4.36-bil Net Income $770-mil $410-mil Per Share 87 cents 47 cents

AT&T Inc.

The telecommunications heavyweight reported that it doubled its profit and sales in the first three months of the year, primarily because of its completed acquisition of BellSouth.

1st Qtr Year Ago Revenue $28.97-bil $15.76-bil Net Income $2.85-bil $1.45-bil Per Share 45 cents 37 cents

Amazon.com Inc.

The Web retailer said Tuesday its first-quarter profit more than doubled. The company also raised its revenue outlook for the year.

1st Qtr Year Ago Revenue $3.02-bil $2.29-bil Net Income $111-mil $51-mil Per Share 26 cents 12 cents

Boeing Co.

The world's No. 2 commercial airplane maker said Wednesday that its first-quarter earnings climbed 27 percent, thanks largely to robust orders for commercial airplanes and strong defense business.

1st Qtr Year Ago Revenue $15.4-bil $14.3-bil Net Income $877-mil $692-mil Per Share $1.13 88 cents

Colgate-Palmolive Co.

The consumer products company said Wednesday said first-quarter profit rose 50 percent on strong Latin American and European sales and an income tax benefit. It also announced that longtime Chief Executive Rueben Mark will retire July 1.

1st Qtr Year Ago Revenue $3.21-bil $2.87-bil Net Income $486.6-mil $324.5-mil Per Share 89 cents 59 cents

ConocoPhillips

The nation's third-largest oil and gas producer said Wednesday its first-quarter profit rose 7.7 percent as income from asset sales helped offset lower commodity prices and higher operating costs.

1st Qtr Year Ago Revenue $41.3-bil $46.9-bil Net Income $3.55-bil $3.29-bil Per Share $2.12 $2.34

General Dynamics Corp.

The defense contractor said Wednesday its first-quarter profit rose 16 percent on higher sales in its private jet, information technology and military vehicle units.

1st Qtr Year Ago Revenue $6.3-bil $5.5-bil Net Income $434-mil $374-mil Per Share $1.06 92 cents

JetBlue Airways Corp.

The discount carrier said first-quarter losses narrowed, but it lowered expectations for 2007.

1st Qtr Year Ago Revenue $608-mil $490-mil Net Income -$22-mil -$32-mil Per Share -12 cents -18 cents

Honda Motor Co.

The maker of the Civic, Odyssey and Accord vehicles reported a 20 percent drop in profit, to 176.1-trillion yen ($1.5-billion U.S.), for its fourth quarter despite solid sales that helped mark its seventh straight fiscal year of record sales. Revenue and net income figures are listed in U.S. dollars.

4th Qtr Year Ago Revenue $26-bil $24-bil Net Income $1.5-bil $1.85-bil Per Share 82 cents $1.01

FY2007 FY2006 Revenue $94-bil $83.6-bil Net Income $5-bil $5-bil Per Share $2.74 $2.74

McClatchy Co.

The newspaper publisher said Tuesday its first-quarter profit plunged as advertising revenue sank and net income was dragged down by a loss at the now-sold Minneapolis Star Tribune and the issuance of tens of millions of shares of stock after its acquisition of Knight Ridder.

1st Qtr Year Ago Revenue $566.6-mil $194.5-mil Net Income $9-mil $27.7-mil Per Share 11 cents 59 cents

PepsiCo Inc.

The world's second-largest soft drink maker said Wednesday its first-quarter profit rose 16 percent on the strength of its international and Frito-Lay snacks divisions.

1st Qtr Year Ago Revenue $7.35-bil $6.72-bil Net Income $1.1-bil $947-mil Per Share 65 cents 56 cents

Raytheon Co.

The world's fifth-largest defense contractor, which has operations in St. Petersburg, Tampa and Largo, said Wednesday its first-quarter profit rose 21 percent on strong sales of missiles and battle operations communications systems, and improving results at an aircraft unit that it sold last month.

1st Qtr Year Ago Revenue $4.93-bil $4.66-bil Net Income $346-mil $287-mil Per Share 76 cents 64 cents

Reynolds American Inc.

The nation's second-largest tobacco company said Wednesday its first-quarter profit fell 5 percent, as price increases and strength in smokeless tobacco helped the cigarette maker offset falling cigarette volume.

1st Qtr Year Ago Revenue $2.15-bil $1.96-bil Net Income $328-mil $345-mil Per Share $1.11 $1.17

UAL Corp.

The parent of United Airlines reported a first-quarter loss Wednesday, its second straight period in the red just a year after its emergence from bankruptcy.

1st Qtr Year Ago Revenue $4.4-bil $4.5-bil Net Income -$152-mil -$223-mil Per Share -$1.32 -$1.95

UPS Inc.

The world's largest shipping carrier, reported a 13.5 percent decrease in first-quarter profit Wednesday amid slower economic growth and after it incurred charges for shedding fuel-hogging Boeing 727s and 747s.

1st Qtr Year Ago Revenue $11.9-bil $11.52-bil Net Income $843-mil $975-mil Per Share 78 cents 89 cents

[Last modified April 26, 2007, 01:04:32]