Earnings Roundup For May 11 (M, MT, TM, TEVA, IL, JSAIY, KID, ENB, SYIEY, GIL, AH, HESAY, BAM, KELYA, ITVPY, LABL)

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Macy's Inc
M
reported its Q1 profit at $131 million, or $0.30 per share, from $23 million, or $0.05 per share, in the year-earlier period. The company's sales increased 5.7% to $5.89 billion. Its same-store sales surged 5.4%. However, analysts were expecting earnings of $0.18 per share. Macy's lifted its full-year same-store sales growth forecast to a rise of around 4.3% from its earlier forecast of a 3% rise. The company raised its profit projections to a range of $2.40 to $2.45 per share, up from its earlier guidance of $2.25 to $2.30 per share. However, analysts were projecting profit of $2.34 per share for the year. The company also increased its quarterly dividend to $0.10 per share. ArcelorMittal
MT
reported a 67% rise in its first-quarter net income. The company's quarterly earnings increased to $1.07 billion, or $0.69 per share, from $640 million, or $0.33 per share, in the year-ago period. Its earnings from continuing operations climbed 3.4% to $608 million. Its shares outstanding dropped 1.5% to 1.55 billion. MT's revenue rose to $22.18 billion from $17.43 billion. However, analysts were expecting a profit of $792 million on revenue of $22.56 billion. In the first quarter, MT shipped 22 million metric tons of steel, versus 21 million, in the year-earlier period. The company's operating profit per ton jumped to $65 from $27. Toyota Motor Corp
TM
reported a 77% decline in its net profit for the January-March quarter. The company's quarterly operating profit came in at ¥46.1 billion. However, analysts were expecting a profit of ¥94.6 billion. The company's net profit for the full fiscal year climbed to 408.1 billion yen ($5 billion) from ¥209.4 billion. Teva Pharmaceutical Industries Ltd
TEVA
reported a 6.7% rise in its first-quarter net income. The company also affirmed its projections for the full year. The company's profit increased to $761 million, or $0.84 per share, versus $713 million, or $0.79 per share, in the year-ago period. The company's adjusted net rose to $1.04 per share from $0.91 per share. The company's shares outstanding dropped 2.1% to 902 million. Its sales climbed 12% to $4.08 billion. However, analysts were expecting earnings of $1.04 per share on sales of $4.28 billion. TEVA's sales in Europe increased 66% while sales in North America dropped 11%. TEVA projects 2011 adjusted earnings of $4.90 to $5.20 per share on revenue of $18.5 billion to $19 billion. However, analysts were projecting earnings of $5.07 per share on revenue of $18.74 billion. IntraLinks Holdings Inc
IL
reported its Q1 EPS of $0.10, versus the estimates of $0.10. IL reported its revenue of $52.4 million, versus the estimates of $53.01 million. J Sainsbury PLC
JSAIY
reported its full-year profit at 640 million pounds ($1.05 billion), up from 585 million pounds, in the year-earlier period. The company's earnings per share surged 7.2% to 34.4 pence from 32.1 pence. Its total sales including value added tax increased 7.1% to 22.94 billion pounds from 21.42 billion pounds. However, its total sales including VAT and excluding fuel surged 4.9%. Its comparable sales increased 2.3%. The company's underlying pretax profit surged 9% to 665 million pounds, versus analysts' estimates of 661 million pounds. Sainsbury also declared a full-year dividend of 15.1 pence. Kids Brand Inc
KID
reported its Q1 EPS of $0.08, versus the estimates of $0.04. KID reported its revenue of $59.8 million, versus the estimates of $59.2 million. Enbridge Inc
ENB
reported its Q1 EPS of $0.89, versus the estimates of $0.87. Symrise AG
SYIEY
reported a 6.6% rise in its Q1 sales and confirmed its full-year projections. The company's quarterly sales surged to EUR416.8 million, from EUR391 million, in the year-earlier period. The company's earnings before interest, tax, depreciation and amortization (EBITDA) increased 2% to EUR85.2 million. The company still projects to increase its full-year sales by between 3% and 5% at local currency. Gildan Activewear Inc
GIL
reported its Q2 EPS of $0.53, versus the estimates of $0.49. GIL reported its revenue of $383.2 million, versus the estimates of $386.72 million. Accretive Health Inc
AH
reported its Q1 EPS of $0.04, versus the estimates of $0.04. AH reported its revenue of $163.7 million, versus the estimates of $168.41 million. Hermes International
HESAY
reported a 26% surge in its first-quarter sales. The company's sales surged to EUR637 million, from EUR508 million, in the year-earlier period. However, analysts were expecting sales of EUR598 million. The company's sales increased 20% in Europe, 17% in Asia and 33% in the America, at constant rates. Brookfield Asset Management Inc
BAM
reported its Q1 EPS of $0.41, versus the estimates of $0.21.BAM reported its revenue of $3.58 billion, versus the estimates of $3.61 billion. Kelly Services Inc
KELYA
reported its Q1 EPS of $0.14, versus the estimates of $0.13. KELYA reported its revenue of $1.34 billion, versus the estimates of $1.28 billion. ITV PLC
ITVPY
reported an 11% surge in its first-quarter revenue. The group's revenue climbed to 500 million pounds ($817 million). Its television advertising revenue increased 12%. The group reported that its ITV1 flagship channel surged its share of viewing by 3% versus year-ago period. Multi-Color Corp
LABL
reported its FY2011 EPS of $1.76, versus the estimates of $1.60. LABL reported its revenue of $338.3 million, versus the estimates of $367 million. Read more
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