Earnings Roundup

Elizabeth Arden Inc RDEN reported a strong rise in its fiscal fourth-quarter earnings. Elizabeth Arden reported its quarterly profit at $5.4 million, or $0.18 per share, up from $2.3 million, or $0.08 per share, in the year-ago period. Its sales surged 11% to $253.8 million. However, analysts were expecting earnings of $0.10 per share on sales of $243 million. Elizabeth Arden projects current-quarter earnings of $0.25 to $0.30 per share on sales of $295 million to $305 million. Analysts were expecting earnings of $0.26 per share on sales of $296 million. Wendy's Company (The) WEN reported a rise in its second-quarter profit on Thursday. Wendy's quarterly profit surged to $11.3 million from $10.7 million. Its earnings per share came in at $0.03 per share. Its revenue climbed to $622.5 million from $607.4 million. However, analysts were expecting earnings of $0.05 per share on revenue of $758.24 million. Wendy's quarterly same-store sales climbed 2.3%. Sara Lee Corp SLE released its results for the fourth quarter on Thursday. Sara Lee's quarterly earnings dropped to $111 million, or $0.19 per share, from $187 million, or $0.28 per share, in the year-earlier period. Its revenue climbed 9% y/y to $2.30 billion. Its adjusted earnings came in at $0.20 per share. However, analysts were expecting earnings of $0.20 per share on revenue of $2.28 billion. Sara Lee projects net sales for fiscal 2012 of $8.5 billion to $8.75 billion and earnings per share of $0.89 to $0.95 per share. Anheuser-Busch InBev NV BUD reported a 26% rise in its second-quarter net profit. Anheuser-Busch InBev reported its quarterly net profit at $1.45 billion, up from $1.15 billion, in the year-earlier period. Its sales climbed 8.5% to $9.95 billion. Beer volumes in China surged 12% y/y in the second quarter. Pan American Silver Corp PAAS swung to a second-quarter profit on Thursday. Pan American Silver reported its quarterly profit at $113.5 million, or $1.04 per share, versus a year-ago loss of $5.6 million, or $0.06 per share. Excluding a gain on derivatives and other impacts, Pan American Silver' adjusted earnings came in at $0.71 per share. Its revenue surged 54% to $231.9 million. However, analysts were expecting earnings of $0.75 per share on revenue of $261 million. Kohl's Corp KSS reported a 16.5% rise in its second-quarter earnings. Kohl's quarterly earnings surged to $303 million, or $1.09 per share, from $260 million, or $0.84 per share, in the year-earlier period. Its revenue rose to $4.25 billion from $4.1 billion. However, analysts were expecting earnings of $1.05 per share on revenue of $4.25 billion. Kohl's raised its 2011 earnings forecast to $4.45 to $4.60 per share, from its prior outlook of $4.25 to $4.40 per share. Huntington Ingalls Industries Inc HII swung to a second-quarter profit on Thursday. Huntington Ingalls reported its quarterly profit at $40 million, or $0.80 per share, versus a loss of $11 million, or $0.23 per share, in the year-ago period. Its sales fell 2.9% to $1.56 billion. However, analysts were expecting earnings of $0.82 per share on sales of $1.65 billion. Brinker International Inc EAT reported upbeat quarterly profit on Thursday. Brinker's fiscal fourth-quarter net income declined to $41.9 million, or $0.50 per share, from $63.6 million, or $0.62 per share, in the year-ago period. Excluding one-time items, Brinker's earnings came in at $0.48 per share. Its revenue dropped 3.4% to $717.5 million. However, analysts were expecting earnings of $0.47 per share on revenue of $710.57 million. Tim Hortons Inc THI reported a 1.5% increase in its quarterly profit. Tim Hortons' second-quarter earnings surged to C$95.5 million ($95.5 million), or 58 Canadian cents per share, from C$94.1 million, or 54 Canadian cents per share, in the year-earlier period. Its revenue climbed 10% to C$702.8 million. O'Charley's Inc CHUX reported wider-than-expected second-quarter loss on Thursday. O'Charley's reported a quarterly loss of $1.8 million, or $0.09 per share, versus a loss of $2.5 million, or $0.12 per share, in the year-ago period. Its loss from continuing operations came in at $0.08 per share. Its revenue rose 1% y/y to $193.3 million from $190.9 million. However, analysts were expecting a loss of $0.05 per share on revenue of $189.6 million. O'Charley's projects third-quarter revenue of $185 million to $190 million, versus analysts' estimates of $186.5 million. Swire Pacific Ltd SWRBY reported a 64% surge in its first-half net profit. Swire Pacific reported its net profit at HK$23.95 billion, up from HK$14.63 billion, in the year-ago period. Excluding property revaluation gains, Swire Pacific's underlying profit dropped 48% to HK$4.60 billion from HK$8.91 billion. Its revenue climbed 33% to HK$17.08 billion from HK$12.84 billion. Tata Motors TTM reported a marginal rise its fiscal first quarter profit. Tata reported its quarterly net profit at 19.99 billion rupees, up from 19.89 billion, in the year-ago period. Its consolidated revenue surged 24% y/y to 335.72 billion rupees. However, analysts were expecting a net profit of 21.6 billion rupees on net sales of 329.1 billion. Zurich Financial Services AG ZFSVY reported an 88% surge in its Q2 net profit. Zurich Financial's quarterly net profit surged to $1.33 billion, from $707 million, in the year-ago period. However, analysts were expecting a net profit of $1.09 billion. Its business volume rose 7% to $17.13 billion. Zurich Financial's income from investments surged to $2.52 billion from $2.01 billion. Singapore Telecommunications Ltd SGAPY reported a 2.9% drop in its fiscal first-quarter net profit. Singtel's quarterly net profit declined to S$916.2 million, from S$943.2 million, in the year-ago period. Analysts were expecting a net profit of S$943.8 million. Pretax profit from SingTel's foreign associates dropped 10% to S$472 million. SingTel's quarterly operating revenue climbed 7.4% to S$4.61 billion from S$4.29 billion. Lanxess AG LNXSF lifted its projections for the full year on Thursday. Lanxess reported its Q2 net profit at EUR181 million, up from analysts' estimates of EUR160 million. Its sales climbed 23% to EUR2.2 billion. Lanxess' EBITDA before special items gained 26% to EUR339 million, versus analysts' expectations of EUR318 million. Aegon NV AEG reported a 2.1% drop in its second-quarter net profit. Aegon's quarterly net profit declined to 403 million euros ($575 million), from euro413 million, in the year-ago period. Its revenue dropped 12% to 7.03 billion euros. The group's underlying pretax earnings fell 17% to 401 million euros. Swisscom AG SCMWY lowered its full year sales forecast by CHF300 million. Swisscom's total revenue in the second quarter dropped to CHF2.86 billion from CHF2.99 billion, versus analysts' estimates of CHF2.91 billion. Swisscom's quarterly net profit for shareholders declined to CHF485 million, from CHF494 million, versus estimates of CHF516 million.