The profit of Ericsson hardly decreased in Q4 2011
The largest producer in the world for production of equipment for mobile networks Ericsson stun markets with shrinking profit for the fourth quarter of 2011 by 50%, exceeding the darkest expectations of analysts. The earnings before interest, taxes, depreciation and impairment (EBITDA), excluding the results of loss-making joint ventures, but included restructuring costs, was 4.1 billion Swedish kronor (605 million dollars), while preliminary estimates ranged between 5 , 8 billion and 9.4 billion kroner. The sales of 63.7 billion kronor also remained well below the expected 67.2 billion kroner. The news of the company's shares plunged 15% to 3-year low of 58.55 Swedish kronor (8.56 dollars).
"It's hard to find something positive", said Jyske Bank analyst Robert Jakobsen. "The company hinted that it will be a delay, but this is much worse than expected", he added. By Ericsson also warned that telecommunications operators are likely to exhibit caution in terms of costs over the next few months. The operators have invested significantly in the majority of 2011 in network upgrades to cope with increasing data traffic from smartphones and tablets and some delay was intended, especially in the U.S.. But sales of key network division of Ericsson shrank by 9% yoy and profit - half after operators resorted to saving and low-margin businesses provide the largest share of sales.
Xerox doubled the profits in Q4 2011
The earnings Xerox Corp, the fourth quarter of 2011 is over 2 times greater than that for the same period last year when he was hit hard by higher costs, although revenues were only slightly weaker than expected because of weak sales in the technology business. The profit is 375 million USD, or 26 cents a share, in 171 million dollars, or 12 cents a share, in the fourth quarter of 2010. If you exclude restructuring costs and other one-off revenues and expenses not related to the main business of the company, profit rose to 33 cents per share, which is in the range of preliminary estimates of company profits between 32 and 35 cents a share. The revenue dropped slightly by 0.2% to 6 billion USD, remaining slightly below analysts' expectations of 6.07 billion dollars. The manufacturer of printers and copiers announced that the economic weakness in Europe is the reason for the level of earnings in the technology business from 2.71 billion USD, which is 4.7 percent more than the figure for the fourth quarter of 2010 Revenue from services is increased by 5.6 percent annually to 2.87 billion USD. The forecast for this quarter is primarily conservative, with the expected earnings per share is between 21 and 24 cents, and the upper boundary coincides with the average score of the analysts.
McDonald’s profit with 11% growth in Q4 2011
The largest fast food chain in the world - the U.S. McDonald's, has achieved 11% growth in profits annually in the fourth quarter of 2011. According to analysts, in large part due to the growing popularity of the chain in order to shrinking incomes of consumers. The net profit at McDonald's for the period was 1.38 billion USD or 1.33 USD per share. Revenues did increase by 10 percent to 6.82 billion USD. The analysts estimates were for 1.29 USD per share profit on revenue of 6.81 billion USD. During the recession and subsequent cumbersome recovering McDonald's performs quite well. The chain continues to attract hard-pressed by shrinking income consumers with lower prices, but also pursue a policy of significantly diversifying their offerings range, resulting in new customers. Asia-Pacific, Africa and the Middle East accounted for 22 percent of the revenues of McDonald's. This is a significant increase after only five years ago he formed about 14 per cent of its revenues. Only growth in 2011 it was 13 percent. The CEO of McDonald's Jim Skinner stated that the company plans to open new restaurants in 1300 this year. This expected net number of restaurants to increase by 900 to over 33,500 restaurants worldwide.
Hyundai reported 38% profit increase
The South Korean automaker Hyundai Motors announced an increase of 38% of its profit in the fourth quarter of 2011 when sales of major domestic and foreign markets increased. The net income rose to 2 trillion won (1.77 billion USD) for 1.45 trillion KRW in the fourth quarter 2010 index but remained below expectations of analysts polled by Bloomberg, from 2.24 trillion KRW. The revenues for the fourth annual growth recorded 10.7 percent to 20.5 trillion KRW. For the entire 2011 net profit of Hyundai rose by 35.1 percent to 8.1 trillion KRW, while it was 6 trillion KRW in 2010, where revenue increased from 16.1 percent to 77.8 trillion KRW. The operating profit increased by 36.4% in 2011 to 8.08 trillion KRW.
The sales to foreign markets like USA and China recorded growth after Japanese automakers manufacturing shrank after the disaster in the country since March 2011 The company cited for best performance and the weak KRW. Since 2007, Hyundai remained in fifth place in the world sold cars.
Microsoft increased revenues, but the report was disappointing
The profit of U.S. software giant Microsoft for the fourth quarter of 2011 declined slightly after lower sales of computers affected the core business. The largest software company in the world registered a net profit of 6.624 billion 6.634 billion in the previous quarter. The revenue rose 5% to 20.89 billion dollars, although it remained slightly below analysts' expectations. The revenues of the division responsible for sales of Windows, fell slightly, but for servers, Xbox 360 and online services have risen. Income from subsidiaries Windows and Windows Live registered a decline of 6 percent annually to 4.74 billion dollars. Most dramatic is the growth in revenue division of entertainment and devices - 15% to 4.24 billion dollars. In post-market trade the company's shares have added 2.1 percent to its value.
The computer industry is facing a shortage of hard drives because of floods in Thailand, which have a serious supplier. Windows, however, becoming more intense competition from tablets like Apple iPad and mobile devices using the Android operating system from Google. But Microsoft responded to the impact of marketing on Windows 8 - single operating system for PCs and mobile devices.
Verizon reported profit decrease due to developing smartphones market
The U.S. telecommunications company Verizon has paid a dear price to offer smartphone users iPhone. Because Apple's margins of the company have deteriorated, the report shows for the fourth quarter of 2011. Then the market model was released iPhone 4S, which is the second sold by Verizon. Its sales totaled 4.3 million units of the total 7.7 million smartphones, that the operator has sold. The rationale for mobile operators is opposite to that of most companies, as higher sales mean lower profits. The reason is that Verizon has to subsidize the sale of every smartphone with hundreds of dollars in the hope that they will be offset by service charges for the duration of contracts concluded with consumers. Therefore, the unit of Verizon for Mobile Communications - Verizon Wireless, although it remains highly profitable, has recorded a sharp decline in operating profit in the last quarter of 2011. Verizon bought an Apple iPhone at around 600 USD per share and sales are made at about 200 USD per share. This is a very real question whether all operators will be able to recover the investment. In the last quarter of 2011 Verizon recorded a loss of 2.02 billion USD, or 71 cents a share. For the same period last year, the company had a profit of 2.64 billion USD, or 93 cents a share. Essentially, the negative result is due to a single effect associated with costs to the U.S. pension system. Removing one-off effects of Verizon profit was 52 cents a share, after the same period last year it was 54 cents a share.
MasterCard results exceeded the forecasts
The results of MasterCard Inc, the second largest card payment company in the world, exceeded analysts' expectations for the seventh consecutive quarter. For the fourth quarter of last year's net profit rose 24% to 514 million dollars or 4.03 dollars per share, from 415 million dollars or 3.17 dollars per share, a year earlier. The average forecast of analysts surveyed by Bloomberg, was for earnings of 3.91 dollars per share. The main reason for the good financial report of the company is the tax evasion, which they made over the incomes. This financial operation of the company is giving good results, as they collected large profits and increased their investments in various of services. The financial and credit cards company has quite large market stake and the decreases, which they good with tax refinance increased the profits and brought the good financial results. MasterCard paid 495 million dollars related to charges for cartel negotiating prices. For the last quarter of 2011, the company's revenue rose 20 percent to 1.72 billion dollars from 1.44 billion USD a year earlier.
After publication of the results of MasterCard shares rose. Last year the company's shares grew by 66 percent - the fourth best performance of the company by Standard & Poor's 500. The company has really good financial and business management during last years and even in the financial crisis collects a big profits and increases of their market stake. The accounting services of the company supported the customers and increased the confidence into MasterCard.
Yahoo disappointed with Q4 2011 financial report
The US Internet company Yahoo has reached a 5% increase in profit in the fourth quarter of 2011 on an annual basis. The achieved result was expected by the markets and cause excitement among investors. Thus the beginning of the management of the new chief executive Scott Thompson has been marked by fanfare. The Yahoo's profit for the last three months of 2011 amounted to 296 million USD, which equates to 24 cents a share. Sales did amounted to 1.17 billion USD, which is decreased by 3 percent annually. In the last quarter of 2010, Yahoo's profit was 312 million USD, or 24 cents a share. Income after removing the cost of attracting traffic partnerships do have 1.2 billion USD. The revenues from display advertising, which is considered a key indicator of performance on Yahoo, have recorded a decrease of 4 percent annually to 546 million USD. According to market analyst Jordan Roan achieved result is "pathetic".
"The financial results are unstable. If you can not sell display advertising in the fourth quarter, the rest of the year should be pretty tough", he said. In search of revenue were achieved revenues of 376 million dollars, down from 3 percent annually.
DuPont reported lower than analysts’ expectations profit for Q4 2011
The earnings of U.S. company DuPont for the fourth quarter of 2011 did not meet analysts' expectations, after a sharp decline in demand, particularly for items of materials systems for converting solar energy and electronics, offset growth in their prices. The net profit for the fourth quarter was 373 million USD, or 40 cents a share, compared to 376 million USD and the same indicator per share for the same period last year. If we exclude the 100 million USD used for payments of claims against herbicide Imprelis, and disposable income and expenses not related to the main company's earnings per share is 35 cents. In August 2011 the U.S. Agency for Environmental Protection, DuPont ordered to stop sales of Imprelis, after thousands of users have complained that the product caused dead of evergreen trees. Although the fourth quarter is traditionally weak for the chemical industry, the company announced that many of their clients have chosen rather to reduce the level of reserves than to increase supply, which led to a decline in the total volume of 10%.
"Here the world economy took a brief hiatus", said analyst Mark Gully Ticonderoga Securities. In an attempt to allay concerns about delaying the CEO of DuPont Ellen Cullman said in a statement that the company remains "well positioned to serve consumers and innovation as key markets regain positions and growth of world population provides new opportunities."
Cullman not announced changes in the purpose of company profits in 2012 from 4.20 to 4.40 USD per share at the experts' average expectations of 4.26 USD per share.
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.
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