Earnings You Missed ATB Nov 18

(RTTNews) - Here is a quick summary of the earnings reported after the bell on Nov 18.

1. Jack in the Box Inc. (JACK) reported net earnings for the fourth quarter of $16.2 million or $0.40 per share, compared to $22.8 million or $ 0.51 per share for the year-ago quarter.

Earnings from continuing operations for the fourth quarter were $17.4 million or $0.44 per share, compared to $24.1 million or $0.54 per share in the prior year quarter.

Excluding items, Operating earnings per share for the fourth quarter were $0.54, compared to $0.45 in the prior year quarter.

Revenue for the fourth quarter rose to $344.69 million from $337.98 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.53 per share on revenue of $342.28 million for the fourth quarter. Analysts' estimates typically exclude special items.

Looking forward, the company forecasts fiscal 2015 operating earnings per share to be in the range of $2.73 to $2.88. Analysts currently expect the company to earn $2.81 per share for the fiscal year 2015.

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2. Chinese online discount retailer Vipshop Holdings Ltd (VIPS) Tuesday reported third-quarter net earnings of $27.7 million or $0.05 per American depositary share, or ADS. This compares with a profit of $12 million or $0.02 per ADS last year.

Excluding items, adjusted earnings for the quarter were $0.08 per ADS compared with $0.03 per ADS a year ago.

Revenues for the quarter were $882.6 million compared with $383.7 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.07 per ADS on revenues of $863 million for the quarter. Analysts' estimates typically exclude special items.

For the fourth quarter, the company expects revenues of $1.2 billion to $1.22 billion, while analysts expect $1.21 billion.

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3. Xueda Education Group (XUE)

Q3 total net revenues decreased 8.6% to $72.6 million from $79.4 million a year ago.

Q3 Net loss attributable to Xueda Education Group was $9.7 million, compared to net income of $1.2 million a year ago.

Net loss attributable to Xueda Education Group per ADS for the third quarter 2014 was $0.16 compared to net income of $0.02 per ADS for the third quarter 2013.

Q3 Non-GAAP net loss per ADS attributable to Xueda Education Group was $0.14, compared to non-GAAP net income of $0.04 a year ago.

Analysts expected the company to report net loss of $0.08 per share on revenues of $73.3 million for the period.

Q4 Outlook

Net revenues to be at least $59.4 million.

Non-GAAP net loss attributable to Xueda Education Group per ADS to be approximately $0.25.

Analysts currently expect the company to report net loss of $0.13 per share on revenues of $68.5 million for the period.

FY Outlook

Net revenues to be at least $338.0 million.

Non-GAAP net loss attributable to Xueda Education Group per ADS to be approximately $0.06.

Analysts currently expect the company to report net income of $0.06 per share on revenues of $347.82 million for the period.

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4. M/A-Com Technology Solutions Holdings Inc (MTSI), a supplier of high performance analog semiconductor solutions, Tuesday reported fourth-quarter net earnings of $14.5 million or $0.30 per share compared with $1.7 million or $0.04 per share last year.

Excluding items, adjusted earnings for the quarter were $0.35 per share compared with $0.25 per share a year ago.

Revenues for the quarter were $114 million compared with $84.7 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.33 per share on revenues of $114.2 million for the quarter. Analysts' estimates typically exclude special items.

For the first quarter, the company expects adjusted earnings of $0.33 to $0.36 per share on revenues of $112 million to $115 million. Analysts expect earnings of $0.33 per share on revenues of $112.9 million.

Also, Macom agreed to buy BinOptics Corp in an all-cash deal valued at $230 million, subject to customary post-closing adjustments. BinOptics is a merchant provider of indium phosphide lasers for data centers, mobile backhaul, silicon pPhotonics and access networks. Macom expects the deal to be accretive to gross margin and earnings per share starting in the first full quarter of combined operations.

Macom said the deal broadens its optical portfolio with highly differentiated edge-emitting and surface-emitting Fabry Perot and DFB lasers; brings proprietary Etched Facet Technology (EFT) for lasers that enable compelling wafer-scale economics in both device manufacturing and testing; doubles Macom's Serviceable Addressable Market (SAM) within the optical component market; and expands growth opportunities and addressable market in data center networks.

Macom expects the deal to close by the end of its first fiscal quarter of 2015.

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5. La-Z-Boy Inc. (LZB) reported net income for the second quarter of $19.5 million or $0.37 per share, compared to $16.7 million or $0.31 per share for the year-ago quarter.

Income from continuing operations for the second quarter was $19.2 million or $0.36 per share, compared to $17.2 million or $0.32 per share in the prior year quarter.

Excluding items, adjusted income from continuing operations per share was $0.36 in the second quarter of fiscal 2015, compared to $0.31 in the second quarter of fiscal 2014.

Consolidated sales for the second quarter increased 3.8% to 365.60 million from $352.27 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.34 per share on revenue of $375.68 million for the second quarter. Analysts' estimates typically exclude special items.

The company also said its Board of Directors has increased the company's regular quarterly dividend to shareholders by 33% to $0.08 per share, payable on December 10 to shareholders of record as of November 28.

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6. Continental Materials Corporation (CUO)

The company reported a net loss of $4.09 mln for the third quarter ended September 27, 2014 or $2.48 per share compared to the net loss of $242,000 or $0.15 per share for the third quarter ended September 28, 2013.

Consolidated sales in the third quarter of 2014 were $34.37 mln, an increase of 19.1% compared to the third quarter of 2013.

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7. China Distance Education Holdings Limited (DL)

Q4 Net revenue increased by 30.3% to $35.3 million from $27.1 million in the prior year period

Q4 Net income increased by 47.5% to $13.4 million from $9.1 million in the prior year period.

Q4 net income per ADS was $0.375, representing a year-over-year increase of 41.0%, from $0.266 for the fourth quarter of fiscal 2013.

Analysts expected the company to report net income of $0.30 per share on revenues of $32.74 million for the period.

Q1 Outlook

For the first quarter of fiscal 2015, the company expects to generate total net revenue in the range of $20.0 million to $20.9 million; Consensus $23.2 mln

FY 2015 Outlook

For the 2015 fiscal year, the company expects to generate total net revenue in the range of $123.4 million to $128.3 million; Consensus $94.68 mln.

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8. China Digital TV Holding Co., Ltd. (STV)

Net revenues in the third quarter of 2014 were US$17.0 million, representing a 26.6% decrease from the same period in 2013

Net income attributable to holders of ordinary shares in the third quarter of 2014 was US$1.5 million, a decrease of 68.4% from the same period in 2013

Q3 EPS was $0.02 vs $0.08 a year ago.

Non-GAAP net income attributable to holders of ordinary shares in the third quarter of 2014 was US$1.7 million, a decrease of 67.1% from the same period in 2013

Q4 Outlook

Net revenues in the fourth quarter of 2014 are expected to be in the range of US$22.3 million to US$24.4 million.

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9. PetSmart, Inc. (PETM) reported net income for the third quarter of $92.2 million or $0.92 per share, compared to $92.2 million or $0.88 per share for the year-ago quarter.

Excluding one-time costs associated with the company's profit improvement program, adjusted net income for the latest quarter was $102.2 million or $1.02 per share.

Net sales for the third quarter rose 2.6% to $1.74 billion from $1.70 billion in the same quarter last year. Same-store sales for the quarter were flat, with average ticket increasing 2.4%, and comparable transactions decreasing 2.4%. Services sales grew 6.0% to $195.3 million.

Analysts polled by Thomson Reuters expected the company to earn $0.94 per share on revenue of $1.73 billion for the third quarter. Analysts' estimates typically exclude special items.

Looking forward to the fourth Quarter, the company forecasts same-store sales growth slightly positive, earnings per share of $1.30 to $1.34 and adjusted diluted earnings per share of $1.34 to $1.38. Analysts currently expect the company to earn $1.37 per share for the fourth quarter.

For the fiscal year 2014, the company now forecasts same-store sales growth relatively flat, net sales growth in the low-single digits, earnings per share of $4.24 to $4.29 and adjusted earnings per share of $4.39 to $4.43. Previously, the company forecast relatively flat same-store sales, sales growth in the low-single digits and earnings of $4.29 to $4.39 per share. Analysts currently expect the company to earn $4.33 per share on sales growth of 1.7% for the fiscal year 2014.

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10. Sociedad Quimica y Minera de Chile S.A. (SQM)

The company announced earnings for the third quarter of 2014 US$66.4 million or US$0.25 per ADR compared to US$138.9 million or US$0.53 per ADR for the third quarter of 2013. Q3 Revenues totaled US$466.4 million, a decrease of approximately 10.5% compared to the third quarter of 2013, when revenues amounted to US$521.1 million.

Analysts expected the company to report net income of $0.29 per share on revenues of $510.24 million for the period.

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