Earnings
By Times Wires
Published October 30, 2007
Winn-Dixie Stores Inc.
The Jacksonville grocery chain's stock rebounded by 19 percent to close at $22.17 a share, up $3.55, after the company's first-quarter profit margin performance far exceeded analyst forecasts. Sales in stores open more than a year inched up a meager 0.2 percent, the number of transactions were down and the company lost $790,000, or 1 cent a share, in the quarter ended Sept. 19. But analysts had been expected a loss of 23 cents a share.
1st Qtr Yr Ago
Revenue $1.6-bil $1.6-bil
Net Income -$790,000 -$25-mil
Per Share 54 cents 46 cents
RadioShack Corp.
The consumer electronics retailer said it swung to a third-quarter profit, overcoming lower revenue by cutting costs and selling more high-margin items. The company also said it expects that its fourth-quarter results will be better than a year ago.
3rd Qtr Yr Ago
Revenue $960.3 mil $1.06-bil
Net Income $46.3-mil -$16.3-mil
Per Share 34 cents -12 cents
Verizon Communications Inc.
The nation's second largest telecommunications company reported third-quarter earnings fell by a third from a year ago due to tax charges.
3rd Qtr Yr Ago
Revenue $23.8-bil $22.5-bil
Net Income $1.27-bil $1.92-bil
Per Share 44 cents 66 cents
Kellogg Co.
The world's leading cereal producer reported its third-quarter earnings rose 9 percent, due in part to stronger international sales, and raised its guidance for the full year.
3rd Qtr Yr Ago
Revenue $3-bil $2.8-bil
Net Income $305-mil $281-mil
Per Share 76 cents 70 cents
Northwest Airlines
The airline, reporting results for its first full quarter since exiting bankruptcy, posted a $244-million profit after a year-earlier loss as it boosted fares and spent less on fuel.
3rd Qtr Yr Ago
Revenue $3.38-bil $3.41-bil
Net Income $244-mil -$1.18-bil
Per Share 93 cents -$13.50