Earnings Roundup

Toll Brothers Inc TOL reported a higher Q3 profit, but narrowed its home delivery outlook for the year. Toll Brothers reported its quarterly earnings at $42.1 million, or $0.25 per share, up from $27.3 million, or $0.16 per share, in the year-ago period. Excluding items, Toll Brothers' pretax income climbed to $24.1 million from $14 million. Its revenue dropped 13% to $394.3 million, versus analysts' estimates of $403.6 million. American Eagle Outfitters Inc AEO reported a strong rise in its fiscal second-quarter profit. American Eagle's quarterly profit surged to $19.7 million, or $0.10 per share, from $9.7 million, or $0.05 per share, in the year-ago period. Its earnings from continuing operations came in at $0.10 per share. American Eagle's sales climbed 3.7% to $675.7 million. However, analysts were expecting earnings of $0.11 per share on sales of $652 million. American Eagle projects Q3 earnings to be in the range of $0.22 to $0.27 per share, versus analysts' estimates of $0.26 per share. BHP Billiton Ltd BHP reported an 85.9% jump in its fiscal-year attributable net profit. BHP Billiton's attributable net profit for the period surged to $23.65 billion. Its revenue climbed 35.9% to $71.7 billion. Hanwha SolarOne Co HSOL swung to a quarterly loss on Wednesday. Hanwha SolarOne's net loss attributable to common shareholders came in at $10.7 million, or $0.13 per American Depository Share (ADS), versus a profit $40.2 million, or $0.53 per ADS, in the year-ago period. Excluding items, Hanwha SolarOne's loss came in at $0.12 per basic ADS. Its revenue climbed 2% to $277.1 million. However, analysts were expecting earnings of $0.12 per ADS on revenue of $272.7 million. Shipments in the period dropped 17% y/y. CNOOC Ltd CEO reported a 51% rise in its first-half net profit. CNOOC's net profit for the period surged to CNY39.34 billion (US$5.06 billion), from CNY25.99 billion, in the year-ago period. However, analysts were expecting a net profit of CNY36.4 billion. CNOOC's revenue climbed 51% to CNY124.57 billion from CNY82.41 billion. China Unicom (Hong Kong) Ltd CHU reported a 9% decline in its first-half net profit. China Unicom's net profit for period came in at CNY2.65 billion, versus a restated CNY2.92 billion, in the year-ago period. However, analysts were expecting a net profit of CNY1.28 billion. China Unicom's revenue climbed 23% to CNY101.40 billion, versus a restated CNY82.64 billion. Analysts were expecting revenue of CNY98.87 billion. WPP PLC WPPGY reported a 53% surge in its first-half net profit. WPP's net profit for the period rose to 230.7 million pounds ($380.7 million), from 150.8 million pounds. Its revenue climbed 6.1% to 4,71 billion pounds. WPP's comparable sales jumped 5.4% in the US and 5.1% in the UK. WPP also raised its dividend payout by 25% to 7.46 pence per share. Admiral Group PLC AMIGY reported a 27% rise in its first-half pretax profit, as its turnover jumped 53%. Admiral's pretax profit for the period surged to GBP160.6 million, while turnover climbed to GBP1.1 billion from GBP720.5 million, in the year-ago period. Admiral also announced a 20% surge in the interim dividend to 39.1 pence a share. Accor SA ACRFY swung to a first-half profit from a year-ago loss. Accor's net income for the period came in at 41 million euros ($59.1 million), versus a loss of 15 million, in the year-ago period. Its revenue climbed to 2.97 billion euros, from 2.85 billion. Its revenue surged 5.8% on a comparable basis. Accor's earnings before interest and taxes jumped 28% to 199 million euros. Tullow Oil PLC TUWLF reported a strong rise in its first-half profit. Tullow Oil's profit for the period rose to $311.3 million, from $81.7 million, in the year-ago period. Its sales climbed to $1.06 billion from $485.9 million. Heineken NV HINKY reported a 3.3% rise in its organic revenue for the first half of the year. Organically, Heineken's EBIT climbed 3.9%. Its net profit came in at EUR694 million. Heineken's revenue surged 11% to EUR8.36 billion. Telekom Malaysia Bhd MYTEF reported a 2.3% rise in its second quarter net profit. Telekom Malaysia's net profit for the period rose to MYR127.2 million ($42.0 million), from MYR124.4 million, in the year-ago period. Its revenue climbed 3.9% y/y to MYR2.23 billion from MYR2.15 billion. Telekom Malaysia's data revenue surged 7.1% y/y to MYR455.0 million from MYR424.9 million. WorleyParsons Ltd WYGPY reported a 25% rise in its annual net profit. WorleyParsons' net profit for the period rose to A$364.2 million, from A$291.1 million, in the year-ago period. Its revenue climbed 12% y/y to A$5.68 billion from A$5.10 billion. On the underlying basis, WorleyParsons' net profit came in at A$298.5 million in the year to June 30, versus analysts' estimates of A$309.3 million. Suncorp Group Ltd SNMYF reported a 42% decline in its full-year net profit. Suncorp's net profit for the period dropped to $453 million Australia dollars (US$476.2 million), from A$780 million, in the year-ago period. However, analysts were expecting net profit of A$417.4 million. Qantas Airways Ltd QUBSF reported a rise in its fiscal-year after-tax profit. Qantas' after-tax profit for the period surged to 249 million Australian dollars ($261.7 million), from A$116 million, in the year-earlier period. Its underlying profit before tax climbed 46% to A$552 million. Acer Inc ACEIF reported a wider-than-expected net loss in the second quarter. Acer reported a quarterly net loss of NT$6.8 billion (US$234.5 million). However, analysts were expecting a net loss of NT$3.72 billion. Bank of China Ltd BACHY reported a 28% rise in its net profit for the first half. Bank of China's net profit for the period rose to CNY66.51 billion (US$10.4 billion), from CNY52.02 billion, in the year-ago period. However, analysts were expecting a net profit of CNY65.46 billion. The bank's net interest income climbed 20% to CNY110.22 billion at the end of June.