Clean Harbors released its 3rd quarter results this morning. Compared to this quarter last year, revenue has has increased 11 percent, rising from $245.5 million in 2007 to 273.2 million today. Income from operations also increased, going from $25.9 million last year to $31.3 million, an increase of 21%. However, net income for shareholders rose to $14.6 million this year from $12.9 million last year. However, due to an .11 per share charge from … Read the rest
Tag Archives: 3rd quarter earnings
Rubicon Technology (RBCN) Reports Third Quarter Results
Rubicon Technology also reported its third-quarter results yesterday. The company reported revenue for the third quarter of $11.8 million, up 29 percent from the third quarter of last year. This was also a 2% increase over the second quarter of 2008. Earnings per share decreased moving into the third quarter from the second quarter of 2008, from $.10 per diluted share to $.07 per diluted share. This quarter’s results include $1.3 million of contracted … Read the rest
Itron (ITRI) Reports Profits In The 3rd Quarter And Revises Guidance
It’s 3rd quarter earnings report time again, and we have some good news to report. If you own shares in Itron, a company that makes smart meters, you’ll be pleased to see that they are now turning a profit and are exceeding analyst’s expectations for the third quarter.
This time last year, Itron reported a net loss of $3.4 million, or .11 per share. Yesterday, it reported a net income of $7.7 million or $0.21 … Read the rest
Borg Warner’s (BWA) Third Quarter Results Show Loss, Outlook For 2008 Revised
Borg Warner released its 3rd quarter results today, and the earnings report shows that the economic downturn has affected the company’s business. Compared to a year ago, third quarter sales stayed the same at $1,316.9 million. US GAAP earnings were a loss of $1.12 per diluted share, but this is largely because of one-time items. Excluding those one time charges, earnings would have been 44 cents per share. The company has also revised its … Read the rest
American Ecology (ECOL) Releases 3rd Quarter Results and Revises Guidance
American Ecology released its third quarter results today. Operating income was 6.8 million, an increase of 3% from last year. Revenue was $41.1 million, an increase of 4% from last year. Gross profit decreased 2%, from $10.2 million this time last year to $10 million this year. However, the gross profit figure from last year included a large, one-time adjustment of $797,000 to closure and post-closure obligations, so the change isn’t as great as … Read the rest
Exelon (EXC) Earnings Drop Due To Increased Expenses
Due to higher expenses, Exelon Energy’s third-quarter earnings have dropped from last year. The latest reports show income decreasing from 780 million, or $1.15 a share a year ago to $700 million, or $1.06 per share. Although this was below analyst’s expectations of $1.13/share, the decrease was partially due to some one-time big ticket expenses. as BullishBankers.com notes below:
… Read the restDuring the last quarter, Exelon also encountered a few special items including an $80 million
Hoku Scientific (HOKU) Posts 3rd Quarter Results, Net Loss Increases
Hoku Scientific has posted its 3rd quarter financial results. Although revenue rose tremendously to $1.87 million, but due to increased expenses,the company’s net loss actually increased slightly. This time last year, the company posted a loss of $1 million dollars, or 6 cents a share. This year, the figure has increased to $1.37 million, or 7 cents a share.
However, Hoku is still making progress on its polysilicon plant in Idaho, and expects to … Read the rest
Xcel Energy (XEL) Earnings Fall, Missing Analysts’ Target
Xcel Energy posted its 3rd quarter results today. Although revenue rose to $2.85 billion from $2.4 billion, their 3rd quarter earnings fell 13% to $223 million dollars, or 51 cents a share. That’s a 13% drop from what the company was reporting at this time last year. Analysts had expected Xcel to post earnings of 61 cents a share, so the report was below expectations.
The company stated that its results had been impacted … Read the rest
Covanta (CVA) Sees Profits Rise
Given the current economic situation, Covanta Holding Corp’s 3rd quarter results contained a welcome surprise. The company, which turns municipal waste into renewable energy, saw its earnings increase by 29% to $49.7 million, or 32 cents a share, compared with $38.4 million, or 25 cents a share, at this time last year. Covanta also saw total operating revenue increase to 439.0 million, a 25% jump. This beats analysts expectations and backs the company’s prediction of … Read the rest
Interface, Inc (IFSIA) Posts 3rd Quarter Results
Interface, Inc, a noted green carpet company, posted its 3rd quarter results yesterday. Here’s a breakdown of the stats compared to last year:
- Sales- This year:$278.4 million, Last year: $279.5 million
- Operating income: This year: $31.0 million, or 11.1% of sales. Last year: 34.8 million, or 12.4% of sales.
- Income from continuing operations- This year: $13.6 million, or $0.22 per diluted share. Last year: $15.2 million, or $0.25 per diluted share.
- Net income: This