Netflix with high revenue increase in Q4 2011
The American company Netflix, which deals with distribution of video content, throw a bomb with a report for the fourth quarter of 2011. In recent months, the company which is a clear leader in the promotion of market capitalization among companies from S & P 500 this year, was placed under pressure, but the results significantly exceeded forecasts. The Netflix's profit for the last three months of 2011 was 41 million USD, or 73 cents a share. Revenues did amount to 876 million USD. This is a deterioration in the profitability from the fourth quarter of 2010, when it amounted to 47 million USD, or 87 cents a share. Revenues were then nearly 50% less - 596 million USD. The expectations of analysts was for earnings of 54 cents per share and 857.3 million USD. The strong statement delivered after the end of yesterday's session, a real cause euphoria among investors. Netflix's market capitalization rose by as much as 21 percent to about $ 114 per share.
"The results were better than expected or are not as bad as we feared", said Mark Manahath from Citigroup for MarketWatch. "More importantly, they imply that the company has returned to his results before the apocalypse", he added. Apocalypse as it indicates massive sale of shares of Netflix, which last year took their price by more than 300 USD per share to about 60 USD per share. Now place the analyzer target is to reach 125 USD a share capital of Netflix.
Google disappointed investors and shares collapsed by 10%
The market capitalization of Internet giant Google has collapsed by 10% to 575 USD per share after the announcement of the results of the company for the last quarter of 2011. The reason is that investors were disappointed despite improved indicators for growth and profit of the company. Google's profit for the fourth quarter of 2011 was 2.71 billion USD or 8.22 USD per share. This is 6 percent more than achieved a year earlier 2.54 billion USD or 7.81 USD per share. If you exclude some one-off effects, Google's profit would be 9.50 USD per share. Expectations for this indicator were to be reached a level of 10.50 USD per share. The revenues of the Internet company for the period were 8.13 billion USD, which is over 27% achieved more than a year earlier 6.37 billion USD. But that was not enough to cause optimistic mood among investors who were expecting revenue of 8.4 billion USD. Serious obstacle to the Google results were found problems in Europe. The company explained that they worked actively to provide more opportunities for our clients in terms of ad formats. Calculations indicate that Google has a lower income as a cost per click of ads broadcast during the fourth quarter. The search advertising in Europe grew by 14 percent, well below the growth recorded for the period from 22 per cent annually in the U.S.. Data are the company's digital marketing IngnitionOne. disappointed
IBM reported 4% profit increase
The American company IBM easily topped forecasts results in the fourth quarter of 2011. This contributed to higher revenues from sales of software and services. The IBM's profit for the period was 5.49 billion EUR, or 4.62 USD per share. This represents an increase of 4 per cent achieved for the same period last year, 5.26 billion USD or 4.25 USD per share. Removing one-off effects earnings per share is 4.71 USD. This is 10 cents above the consensus forecast of analysts polled by FactSet. But they were expecting revenue of 29.7 billion dollars, and the real result of the company is 29.49 billion USD, an increase of 2% annually. According to the analysts, the negative impact on profits of IBM played a depreciation of the EUR against the USD. The reason is that Europe has an important stake in the company's sales and progress on the continent result must be recalculated in dollars to take profit of the company. The division of Systems and Technologies has recorded a drop in revenue of 8 percent in the fourth quarter. It falls within the production of hardware over the past few quarters say it came from increased revenue.
In software there is an increase in revenues of 9 percent, with most key products was improved. Technology and business services also recorded improved results, as their revenues increased by 3 per cent. The main markets where the company set for growth are Brazil, Russia, India and China, where in the elimination of exchange costs have revenue growth of 7-8 percent.
Apple’s profits increased with 118%
The U.S. technology company Apple reported impressive profit growth during the last quarter of 2011. A positive result was up an impressive 118 percent annually, mainly due to strong sales of the iPhone. For the last three months of 2011 Apple's profit was 13.1 billion USD or 13.87 USD per share. This is achieved well below the same period in 2010 6 billion USD or 6.43 USD per share. Revenues founded by the late Steve Jobs company have dropped by 73 percent to 46.3 billion USD. The expectations of analysts was for Apple to make a profit of 10.08 dollars per share on revenue of 38.85 billion, Reuters poll shows. During the quarter were 37.04 million units sold iPhone, which is well above the forecast 30 million sales. In iPad sales are 15.43 million pellet in expectations for sales of 13.8 million units. Between sold 5.2 million computers and Mac. For this quarter, Apple expects 32.5 billion dollars in revenue and earnings per share of 8.5 USD. The analysts predict that the company achieved sales of 32 billion USD and profit of 8.02 USD per share. After the publication of the report, Apple shares have shot literally, in extended trading hours was recorded a jump of nearly 8 percent to over 452 USD per share. So the company's market capitalization by nearly 30 billion USD to over 420 billion USD within minutes.
AMD repored loss despite increased revenues
The chip maker Advanced Micro Devices (AMD) announced disappointing results for last quarter of 2011. During the period the company has taken a loss, while revenue grew less than expected. Losing the American company for the period amounted to 177 million USD, or 24 cents a share. In the last quarter of 2010 was achieved profit of 375 million USD, or 50 cents a share. When you remove some one-off effects AMD recorded a profit of 19 cents per share. The AMD's revenue increased slightly - from 1.65 billion USD to 1.69 billion USD.
The expectations of analysts was for earnings after removing one-off effects of 16 cents per share and revenue of 1.72 billion USD. On an annual basis was reported 2 percent revenue growth from major computer components. However, it is removed from the decrease of 5 per cent, which has recorded unit sales of graphics cards. For this quarter, AMD expects the management of decline in revenue within 3 to 8 per cent this quarter. This means that they will amount to between 1.5 and 1.61 billion USD. Consensus forecast of analysts is the company's revenue to 1.59 billion USD. After publication of the report of AMD shares dropped 2.8 percent to 6.35 USD per share.
SAP reported high profits increase for Q4 2011
The German business software giant SAP announced better than expected financial results, which increased its share by 3.6% on the Frankfurt stock exchange yesterday. The operating profit for the fourth quarter of last year rose by 10 percent annually to 1.78 billion from analysts forecasts for 1.65 billion EUR. The operating result for the whole 2011 is increased by 18% to 4.71 billion EUR, exceeding forecasts of company earnings in the range 4.45 to 4.65 billion EUR.
"We have won significant market share and achieved double-digit growth in all regions", said the CEO Bill McDermott and Jim Hageman supplier in cited by the WSJ. The sales of licenses - a key measure for software manufacturers - rose 16% last quarter year on year to 1.74 billion EUR with a forecast of analysts from 1.63 billion EUR for the entire growth in 2011 is forecast at 15% of SAP within 10-14%. The strong results come amid concerns that the technology company will feel the effects of depressed spending on technology in Europe because of the financial crisis on the continent. The main rival Oracle, which has a diversified business, announced last month, only 2% increase in revenue from sales of software licenses for the three months ending November 2011.
Citigroup earnings did not meet analysts’ expectations
The Citigroup Earnings for the fourth quarter of 2011 did not meet analysts' expectations and lower market valuation of the company against the shaky start to the season of the accounts in the banking sector. For the fourth quarter of 2011 global financial services company reported a decline in profit without emergency operations to 38 cents a share from 40 cents per share for the same period a year earlier. Bank justifies the delay of the weaker bond trading and decreased revenues from investment banking. Citigroup's net profit for the fourth quarter shrank by 11% yoy mainly due to declining revenues by 1.2 billion USD increase in operating costs by 465 million USD and soaring tax provisions with 470 million USD. The growth of these costs offset savings from credit operations 41%, or 2 billion USD, compared with same period last year. The revenues for the quarter amounted to 17.2 billion USD were 7% lower than those in the fourth quarter of 2010, when they reached 18.37 billion USD. The analysts had expected Citigroup to reported earnings excluding extraordinary items of 49 cents per share and revenue of 18.54 billion, Reuters reported.
Profits of Goldman Sachs fell by 58%, but surprised investors
Goldman Sachs Group, the fifth the amount of US assets Bank announced that its profit for the fourth quarter of 2011 declined by 58% over the same period last year. Despite the decline, the results exceeded analysts' expectations. The bank's net profit for the fourth quarter fell year on year to 1.01 billion dollars or 1.84 dollars per share, from 2.39 billion dollars or 3.79 dollars per share. The average forecast of analysts surveyed by Bloomberg was for profit of 1.23 dollars per share. Economists' expectations ranged between 70 cents and 2.50 dollars per share. Like many other investment banks Goldman was hit by the deepening debt crisis in the eurozone and the subsequent decline in stock markets over the last three months of 2011 Between JPMorgan reported 23% lower profit, while Citigroup has declined from 11%.
"Last year was dominated by the global macroeconomic issues that significantly cooled willingness to take risks with our customers", said the CEO of the bank. "As economies and markets recover - and we do see encouraging signs - Goldman Sachs is very well positioned to bring profits to customers and shareholders."
Carrefour with a sharp drop in revenues from the major European markets
The European largest chain retailer Carrefour awaken the fears of investors with declining revenues. In the fourth quarter they decreased by 0.8% to 24.15 million EUR, announced today the company itself. The analysts surveyed by Reuters had expected revenue to amount to about 24.32 billion EUR. The strong decreases in revenue are recorded on a native French market as well as in Italy and Spain, while in Latin America revenues increased for the fourth consecutive quarter. Because of the debt crisis in Europe and the related reluctance to shop rival Metro expects that over the past year will perform in the best case scenario of their pessimistic expectations. In October, the second concern in the industry after the U.S. chain Wal-Mart forecast a decline in operating profit between 15 and 20%. The Frenchmen said that because of strong competition in Europe will reconsider carefully planned by-country opening of large stores. Carrefour has more than 9500 stores in 32 countries and in Bulgaria, the chain has six sites. The bad news for the company that is likely to increase pressure on Chief Executive Lars Olofson. And now he was seen as temporary chairman of the supervisory board.
Morgan Stanley with smaller loses than expected
Morgan Stanley, the owner of the largest brokerage in the world, announced lower than expected losses due to revenue growth of trade in shares. The net loss of investment bank for the fourth quarter of 2011 were $ 250 million, or 15 cents a share, compared to a profit of 836 million dollars, or 41 cents per share for the same period last year. the losses without emergency operations reached 14 cents a share, while the average expectations of economists surveyed by Bloomberg was for a loss of 57 cents per share. Of the 5 major banks on Wall Street in 2011, only Morgan Stanley reported revenue growth of trading shares without accounting gains, which came to bet the bank's CEO James Gorman to increase market share. However, the bank reported losses in two of the last three quarters, as penalties paid to eliminate swap contracts purchased by MBIA Inc., And to give preference shares of Mitsubishi UFJ Financial Group Inc. in common.
"The bar is too low", said Ralph Cole, vice president of Ferguson Wellman Inc. in Portland, Oregon, which manages 2.8 billion dollars. "This means in part that is most important how they look compared to others. If you can show a little weakness of its competitors, it will seem like a force". In the fourth quarter of last year, shares of Morgan Stanley rose 12%, which slightly dropped from 44% for the year as a whole - the strongest decrease since 2008. Yesterday, shares of Morgan Stanley rose 6.8 percent to 17.35 dollars, expanding profit from early 2012 to 15%.
Categories
- American Companies
- Asian Companies
- Australian Companies
- European Companies
- Half Year Report
- Monthly Report
- Quarter Reports
- Yearly Report
Useful Links
Calendar
Recent Comments
- zaki on Unilever with unexpected high profit
- alam on Unilever with unexpected high profit
- Tailynn on Veolia with a profit jump of 44 percent for the year 2009
- Alina Thornton on AT&T hardly increased its profit in the first quarter
- Darrell Hardaway on Adidas with profit increase with the support of the World Cup