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<<Back to Part IV

This is Part V of earnings being reported on Thursday. There are quite a few market moving stocks reporting earnings. It is not hard to tell we are right in the middle of earnings season. Due to the quantity of companies reporting, I am focusing on the highest volume traded stocks. It is easy to see we are in the middle of earnings season when it takes this many parts to go over the biggest companies reporting in one day.

Celgene Corp. (CELG) is a $28.14 billion market cap company that trades an average of 2.33 million shares per day. The company is primarily engaged in the discovery, development and commercialization of therapies designed to treat cancer and immune-inflammatory related diseases, such as immunomodulation and intracellular signaling pathways in hematology, oncology and immune-inflammatory diseases.

Click on charts below to enlarge:

The company reported (basic) $0.55 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.60. During earnings season, Beta generally will increase. A Beta of 1 moves up and down with the market at an equal pace(equal amount of "volatility" as the overall market). Companies with a Beta of less than 1 have a history of relative price stability. Companies with a Beta over 1 have a history of relatively larger price swings compared to the overall market.

At $59.99, the price is currently above the 200 day moving average of 57.80. Looking further at the chart, I see the major moving averages are trending higher, which is bullish for trend followers The Quick Ratio is 3.81 (generally the higher the better). The next reporting quarter estimated mean earnings are $0.77 per share. Analyst estimates range between $0.71 and $0.87 per share.

The current trailing twelve months (ttm) P/E ratio is 31.245 and the forward P/E ratio is 16.04. The stock has a price to book ratio (ttm) of 4.64. The price to sales ratio is 7.66.

In the last month the stock has moved in price 1.91%, with a one year change of 2.14%. Comparing to the S&P 500 price change, the price performance is 1.41% vs. the S&P 500 from a month ago, and the one year difference is 1.7% vs. S&P 500 price change.


The annual growth rate of revenue is 34.79%. The last fiscal year had accounts receivable to sales percentage of 0.1948% compared to the same period a year earlier of 0.1631%.

The company has rising revenue year-over-year of $3.63 billion for 2010 vs. $2.69 billion for 2009. The bottom line has rising earnings year-over-year of $880.51 million for 2010 vs. $776.75 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $989.64 million for 2010 vs. $841.53 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.80 0.83 0.03 4.02%
Dec-10 0.73 0.73 0 0.00%
Sep-10 0.71 0.75 0.04 5.89%
Jun-10 0.66 0.69 0.03 4.8%
Mar-10 0.61 0.63 0.02 4.13%

VeriSign Inc. (VRSN) is a $5.68 billion market cap company that trades an average of 2.15 million shares per day. VeriSign is a provider of Internet infrastructure services. It provides domain name registry services and infrastructure assurance services.


The company reported (basic) $0.24 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.76. During earnings season, Beta generally will increase. At $33.69, the price is currently above the 200 day moving average of 29.38. Looking further at the chart, I see the major moving averages are trending higher, which is bullish for trend followers The Quick Ratio is 3.34. The next reporting quarter estimated mean earnings are $0.3 per share. Analyst estimates range between $0.29 and $0.31 per share.

The current trailing twelve months (ttm) P/E ratio is 70.375 and the forward P/E ratio is 21.25. The stock has a price to book ratio (ttm) of 8.64. The price to sales ratio is 8.59.

In the last month, the stock has moved in price 2.73%, with a one year change of 4.11%. Comparing to the S&P 500 price change, the price performance is 18.22% vs. the S&P 500 from a month ago, and the one year difference is 24.08% vs. S&P 500 price change.


The annual growth rate of revenue is 10.49%. The last fiscal year had accounts receivable to sales percentage of 0.0219% compared to the same period a year earlier of 0.1025%.

The company has rising revenue year-over-year of $680.58 million for 2010 vs. $615.95 million for 2009. The bottom line has rising earnings year-over-year of $830.97 million for 2010 vs. $245.55 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $232.28 million for 2010 vs. $159.96 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.32 0.32 0 0.00%
Dec-10 0.30 0.31 0.01 3.85%
Sep-10 0.26 0.27 0.01 2.08%
Jun-10 0.24 0.24 0 0.00%
Mar-10 0.35 0.37 0.02 4.4%

Power One Inc. (PWER) is a $739.92 million market cap company that trades an average of 2.15 million shares per day. Power-One, Inc. is a designer and manufacturer of inverters for the renewable energy industry.


The company reported (basic) $0.25 per share in earnings for the quarter ending April 3, 2011. The stock trades at a Beta of 2.16. During earnings season, Beta generally will increase. At $7.03, the price is currently below the 200 day moving average of 9.08. The Quick Ratio is 1.35. The next reporting quarter estimated mean earnings are $0.22 per share. Analyst estimates range between $0.16 and $0.29 per share.

The current trailing twelve months (ttm) P/E ratio is 6.277 and the forward P/E ratio is 6.33. The stock has a price to book ratio (ttm) of 5.13. The price to sales ratio is 1.38.

In the last month, the stock has moved in price 0.53%, with a one year change of 0.85%. Comparing to the S&P 500 price change, the price performance is 2.55% vs. the S&P 500 from a month ago, and the one year difference is 3.81% vs. S&P 500 price change.


The annual growth rate of revenue is 142.63%. The last fiscal year had accounts receivable to sales percentage of 0.2583% compared to the same period a year earlier of 0.284%.

The company has rising revenue year-over-year of $1.05 billion for 2010 vs. $431.57 million for 2009. The bottom line has rising earnings year-over-year of $144.43 million for 2010 vs. $-65.46 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $264.58 million for 2010 vs. $-58.27 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.21 0.2 -0.01 -2.91%
Dec-10 0.40 0.49 0.09 21.26%
Sep-10 0.23 0.4 0.17 72.41%
Jun-10 0.08 0.17 0.09 107.32%
Mar-10 0.00 0.04 0.04 NA%

Life Technologies Corp. (LIFE) is a $9.17 billion market cap company that trades an average of 2.11 million shares per day. Life Technologies Corporation (Life Technologies) is a global life sciences company.


The company reported (basic) $0.52 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.78. At $48.65, the price is currently below the 200 day moving average of 52.45. The Quick Ratio is 1.5. The next reporting quarter estimated mean earnings are $0.94 per share. Analyst estimates range between $0.91 and $0.98 per share.

The current trailing twelve months (ttm) P/E ratio is 24.791 and the forward P/E ratio is 11.53. The stock has a price to book ratio (ttm) of 2.39. The price to sales ratio is 2.95.

In the last month, the stock has moved in price 2.27%, with a one year change of 2.58%. Comparing to the S&P 500 price change, the price performance is 1.41% vs. the S&P 500 from a month ago, and the one year difference is 1.7% vs. S&P 500 price change.


The annual growth rate of revenue is 9.38%. The last fiscal year had accounts receivable to sales percentage of 0.1637% compared to the same period a year earlier of 0.1802%.

The company has rising revenue year-over-year of $3.59 billion for 2010 vs. $3.28 billion for 2009. The bottom line has rising earnings year-over-year of $378.30 million for 2010 vs. $144.59 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $612.40 million for 2010 vs. $385.88 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.85 0.85 0 0.00%
Dec-10 0.86 0.9 0.04 4.13%
Sep-10 0.78 0.87 0.09 12.07%
Jun-10 0.87 0.91 0.04 4.67%
Mar-10 0.80 0.87 0.07 8.4%

Republic Services, Inc. (RSG) is a $11.43 billion market cap company that trades an average of 2.1 million shares per day. Republic Services, Inc. is a provider of services in the domestic non-hazardous solid waste industry.


The company reported (basic) $0.41 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.88. At $29.81, the price is currently below the 200 day moving average of 30.15. The Quick Ratio is 0.47. The next reporting quarter estimated mean earnings are $0.48 per share. Analyst estimates range between $0.46 and $0.49 per share.

The current trailing twelve months (ttm) P/E ratio is 19.109 and the forward P/E ratio is 13.93. The stock has a price to book ratio (ttm) of 1.47. The price to sales ratio is 1.42.

In the last month the stock has moved in price -1.66%, with a one year change of -6.02%. Comparing to the S&P 500 price change, the price performance is -5.88% vs. the S&P 500 from a month ago, and the one year difference is -22.52% vs. S&P 500 price change.


The annual growth rate of revenue is -1.13%. The last fiscal year had accounts receivable to sales percentage of 0.1023% compared to the same period a year earlier of 0.1055%. For the trailing twelve months, investors received $0.78 in dividends for a yield of 2.66%.

The company has falling revenue year-over-year of $8.11 billion for 2010 vs. $8.20 billion for 2009. The bottom line has rising earnings year-over-year of $506.50 million for 2010 vs. $495.00 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $1.54 billion for 2010 vs. $1.59 billion for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.41 0.42 0.01 2.16%
Dec-10 0.41 0.42 0.01 1.2%
Sep-10 0.46 0.45 -0.01 -1.23%
Jun-10 0.42 0.43 0.01 1.32%
Mar-10 0.38 0.41 0.03 8.96%

Varian Semiconductor Equipment Associates Inc. (VSEA) is a $4.57 billion market cap company that trades an average of 2.09 million shares per day. Varian is a supplier of ion implantation systems, which the company refers to as tools, used in the fabrication of integrated circuits, which it refers to as microchips or chips.


The company reported (basic) $1.09 per share in earnings for the quarter ending April 1, 2011. The stock trades at a Beta of 1.39. At $60.60, the price is currently above the 200 day moving average of 46.10. Looking further at the chart, I see the major moving averages are trending higher, which is bullish for trend followers The Quick Ratio is 3.45. The next reporting quarter estimated mean earnings are $1 per share. Analyst estimates range between $0.99 and $1.01 per share.

The current trailing twelve months (ttm) P/E ratio is 17.771 and the forward P/E ratio is 16.03. The stock has a price to book ratio (ttm) of 3.12. The price to sales ratio is 2.62.

In the last month, the stock has moved in price 11.47%, with a one year change of 13.83%. Comparing to the S&P 500 price change, the price performance is 3.96% vs. the S&P 500 from a month ago, and the one year difference is 5.33% vs. S&P 500 price change.


The annual growth rate of revenue is 129.72%. The last fiscal year had accounts receivable to sales percentage of 0.2693% compared to the same period a year earlier of 0.3176%.

The company has rising revenue year-over-year of $831.78 million for 2010 vs. $362.08 million for 2009. The bottom line has rising earnings year-over-year of $159.58 million for 2010 vs. $-38.00 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $187.08 million for 2010 vs. $-42.75 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 1.06 1.07 0.01 1.34%
Dec-10 0.87 0.95 0.08 9.2%
Sep-10 0.74 0.79 0.05 7.08%
Jun-10 0.58 0.6 0.02 3.56%
Mar-10 0.42 0.51 0.09 21.14%

Royal Caribbean Cruises Ltd. (RCL) is a $7.92 billion market cap company that trades an average of 2.09 million shares per day. Royal Caribbean is a cruise company.


The company reported (basic) $0.42 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 2.91. At $36.68, the price is currently below the 200 day moving average of 41.01. The Quick Ratio is 0.26. The next reporting quarter estimated mean earnings are $0.43 per share. Analyst estimates range between $0.36 and $0.47 per share.

The current trailing twelve months (ttm) P/E ratio is 14.451 and the forward P/E ratio is 9.83. The stock has a price to book ratio (ttm) of 1.29. The price to sales ratio is 1.52.

In the last month, the stock has moved in price -0.76%, with a one year change of 29.77%. Comparing to the S&P 500 price change, the price performance is -5.02% vs. the S&P 500 from a month ago, and the one year difference is 6.99% vs. S&P 500 price change.


The annual growth rate of revenue is 14.65%. The last fiscal year had accounts receivable to sales percentage of 0.0395% compared to the same period a year earlier of 0.0575%.

The company has rising revenue year-over-year of $6.75 billion for 2010 vs. $5.89 billion for 2009. The bottom line has rising earnings year-over-year of $547.47 million for 2010 vs. $162.42 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $802.63 million for 2010 vs. $488.51 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.14 0.31 0.17 126.11%
Dec-10 0.13 0.2 0.07 49.25%
Sep-10 1.57 1.64 0.07 4.6%
Jun-10 0.18 0.28 0.1 56.51%
Mar-10 -0.07 0.01 0.08 NA%

Dana Holding Corp. (DAN) is a $2.69 billion market cap company that trades an average of 2.06 million shares per day.


The company reported (basic) $0.26 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 4.65. At $17.70, the price is currently above the 200 day moving average of 17.01. The Quick Ratio is 1.58. The next reporting quarter estimated mean earnings are $0.37 per share. Analyst estimates range between $0.3 and $0.42 per share.

The forward P/E ratio is 9.12. The stock has a price to book ratio (ttm) of 1.44. The price to sales ratio is 0.4.

In the last month, the stock has moved in price 4.61%, with a one year change of 57.58%. Comparing to the S&P 500 price change, the price performance is 0.12% vs. the S&P 500 from a month ago, and the one year difference is 29.92% vs. S&P 500 price change.


The annual growth rate of revenue is 16.85%. The last fiscal year had accounts receivable to sales percentage of 0.1637% compared to the same period a year earlier of 0.1721%.

The company has rising revenue year-over-year of $6.11 billion for 2010 vs. $5.23 billion for 2009. The bottom line has rising earnings year-over-year of $-22.00 million for 2010 vs. $-463.00 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $124.00 million for 2010 vs. $-317.00 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.27 0.34 0.07 27.96%
Dec-10 0.18 0.13 -0.05 -27.09%
Sep-10 0.12 0.28 0.16 129.51%
Jun-10 0.14 0.22 0.08 51.72%
Mar-10 -0.06 -0.02 0.04 NA%

Colgate Palmolive Co. (CL) is a $42.43 billion market cap company that trades an average of 2.01 million shares per day. Colgate-Palmolive is a consumer products company.


The company reported (basic) $1.17 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.49. At $86.89, the price is currently above the 200 day moving average of 81.02. Looking further at the chart, I see the major moving averages are trending higher, which is bullish for trend followers The Quick Ratio is 0.67. The next reporting quarter estimated mean earnings are $1.26 per share. Analyst estimates range between $1.21 and $1.49 per share.

The current trailing twelve months (ttm) P/E ratio is 18.178 and the forward P/E ratio is 15.66. The stock has a price to book ratio (ttm) of 15.36. The price to sales ratio is 2.64.

In the last month, the stock has moved in price 1.6%, with a one year change of 3.97%. Comparing to the S&P 500 price change, the price performance is -2.76% vs. the S&P 500 from a month ago, and the one year difference is -14.28% vs. S&P 500 price change.


The annual growth rate of revenue is 1.55%. The last fiscal year had accounts receivable to sales percentage of 0.1034% compared to the same period a year earlier of 0.1061%. For the trailing twelve months, investors received $2.27 in dividends for a yield of 2.67%.

The company has rising revenue year-over-year of $15.56 billion for 2010 vs. $15.33 billion for 2009. The bottom line has falling earnings year-over-year of $2.20 billion for 2010 vs. $2.29 billion for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $3.49 billion for 2010 vs. $3.62 billion for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 1.16 1.16 0 0.00%
Dec-10 1.23 1.24 0.01 0.71%
Sep-10 1.19 1.21 0.02 1.97%
Jun-10 1.16 1.17 0.01 0.49%
Mar-10 1.19 1.21 0.02 1.97%

Xcel Energy Inc. (XEL) is a $11.87 billion market cap company that trades an average of 1.98 million shares per day. Xcel Energy is a holding company with subsidiaries engaged in the utility business. My home uses Xcel and they seem to be able to keep the lights on.

Click to enlarge

The company reported (basic) $0.42 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.43. At $24.51, the price is currently above the 200 day moving average of 23.96. The Quick Ratio is 0.86. The next reporting quarter estimated mean earnings are $0.32 per share. Analyst estimates range between $0.31 and $0.33 per share.

The current trailing twelve months (ttm) P/E ratio is 14.665 and the forward P/E ratio is 13.53. The stock has a price to book ratio (ttm) of 1.33. The price to sales ratio is 1.06.

In the last month, the stock has moved in price 1.24%, with a one year change of 10.16%. Comparing to the S&P 500 price change, the price performance is -3.1% vs. the S&P 500 from a month ago, and the one year difference is -9.18% vs. S&P 500 price change.


The annual growth rate of revenue is 6.91%. The last fiscal year had accounts receivable to sales percentage of 0.1384% compared to the same period a year earlier of 0.1476%. For the trailing twelve months, investors received $1 in dividends for a yield of 4.24%.

The company has rising revenue year-over-year of $10.31 billion for 2010 vs. $9.64 billion for 2009. The bottom line has rising earnings year-over-year of $751.59 million for 2010 vs. $676.65 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $1.62 billion for 2010 vs. $1.47 billion for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.42 0.42 0 0.00%
Dec-10 0.31 0.29 -0.02 -5.94%
Sep-10 0.54 0.62 0.08 14.33%
Jun-10 0.27 0.29 0.02 5.72%
Mar-10 0.41 0.42 0.01 3.5%

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 10 Companies to Consider That Are Reporting Earnings on Thursday, Part V

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