S&P 500 2,438.30 2.69
Gold$1,224.80 $5.30
Nasdaq 6,265.25 31.30
Crude Oil $60,490.00      $-1570.00
DAILY EARNINGS

Discovery Communications, T-Mobile Net Jump; FLIR Net Declines


Author: Mukesh Buch
ticker.com
Last Update: 2:58 AM ET February 14 2017

12:00 PM New York Discovery Communications fourth-quarter net soared 39% to $304 million. Diebold Nixdorf fourth-quarter net swung to a loss of $78 million. FLIR fourth-quarter net declined 12% to $62 million. T-Mobile US fourth-quarter net soared 31% to $390 million.

Tollbooth Index gained 15.73 to 11,597.40.

Earnings Review

Discovery Communications Inc (DISCA), the pay-TV, free-to-air and broadcasting services provider reported revenues in the fourth-quarter ending in December increased 2% from a year ago to $1.7 billion.

Net income in the quarter soared 39% to $304 million or 52 cents per diluted share compared to $219 million or 34 cents per share in the same quarter last year.

Diebold Nixdorf Inc (DBD), the automated teller machine maker said revenues in the fourth-quarter ending in December soared 103.7% from a year ago to $1.2 billion.

Net in the quarter swung to a loss of $77.8 million or $1.04 per diluted share compared to profit of $32.6 million or 50 cents per share in the same quarter last year.

FLIR Systems, Inc (FLIR), the security and surveillance systems developer reported revenues in the fourth-quarter ending in December jumped 8% from a year ago to $474.7 million.

Net income in the quarter declined 12.4% to $61.5 million or 45 cents per diluted share compared to $70.2 million or 51 cents per share in the same quarter last year.

FLIR lifted revenue forecast in 2017 in the range of $1.78 billion to $1.83 billion and diluted earnings per share between $1.81 and $1.91, represents 7% to 10% growth in revenue and 7% to 13% growth in diluted earnings per share.

Lincoln Electric Holdings, Inc (LECO), the welding, cutting and brazing products maker stated revenues in the fourth-quarter ending in December slid 0.7% from a year ago to $563.8 million.

Net income in the quarter jumped 9.7% to $53.4 million or 81 cents per diluted share compared to $48.7 million or 68 cents per share in the same quarter last year.

T-Mobile US Inc (TMUS), the mobile communications services provider reported revenues in the fourth-quarter ending in December surged 23.4% from a year ago to $10.2 billion.

Net income in the quarter soared 31.3% to $390 million or 45 cents per diluted share compared to $297 million or 34 cents per share in the same quarter last year.

T-Mobile said total net customer additions in the quarter were 2.1 million and total postpaid net addition were about 1.2 million and postpaid phone net additions in the quarter were 933,000 and prepaid net additions totaled 541,000.

Watsco Inc (WSO), the air conditioning, heating and refrigeration equipment distributor reported revenues in the fourth-quarter ending in December rose 1% from a year ago to $913.6 million.

Net income in the quarter surged 12% to $29.6 million or 81 cents per diluted share compared to $26.5 million or 75 cents per share in the same quarter last year.
  1
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc