U.S. Movers: AutoZone, Carnival Corp., C. R. Bard, ConAgra, Jefferies

Mukesh Buch
20 Sep, 2011
New York City

AutoZone fourth quarter net increased 12% to $301.5 million. American Water Works increased its earnings estimate. Carnival Corp

[R]11:20 AM New York – AutoZone fourth quarter net increased 12% to $301.5 million. American Water Works increased its earnings estimate. Carnival Corp’s third quarter net rose to $1.34 billion. ConAgra first quarter net income declined 41.7% to $85.3 million.[/R]

AutoZone, Inc. ((AZO)) fell 0.8% or 2.66 to $329.29 after the automotive parts and accessory retailer reported fourth quarter net sales increased 8.1% to $2.6 billion from $2.4 billion in the same quarter last year. Domestic same store sales for the quarter increased 4.5%.

Net income in the quarter increased 12.1% to $301.5 million or $7.18 per diluted share compared to $268.9 million or $5.66 per share a year ago period.

Accuray Incorporated ((ARAY)) slumped 12.6% or 62 cents to $4.29 after the robotic radio-surgery system provider said fourth quarter total revenues grew to $75.2 million from $61.8 million in the same quarter last year. Net loss in the quarter was $25.0 million or 40 cents per diluted share compared to net income of $5.0 million or 8 cents per share a year ago earlier.

American Water Works Company, Inc. ((AWK)) gained 1.8% or 53 cents to $30.03 after the water utility company increased its earnings guidance range adjusted to $1.75 and $1.82 per share from previous of $1.65 and $1.75 per share.

Carnival Corporation ((CCL)) increased 5% or $1.62 to $33.87 after the cruise company reported third quarter total revenues rose to $5.06 billion from $4.53 billion in the same quarter last year. Net income in the quarter rose to $1.34 billion or $1.69 per diluted share compared to $1.30 billion or $1.62 per share a year ago.

ConAgra Foods, Inc. ((CAG)) slipped 1.8% or 43 cents to $22.96 after the food processing company reported first quarter total sales increased 9.5% to $3.07 billion from $2.8 billion in the same quarter last year. Net income in the quarter declined 41.7% to $85.3 million or 20 cents per diluted share compared to $146.4 million or 33 cents per share a year ago earlier.

C. R. Bard, Inc. ((BCR)) increased 1.4% or $1.3 to $91.58 after the medical device maker agreed to acquired Ireland based ClearStream Technologies Group Plc for cash offer of 85 pence per share or approx €43.8 million ($68.7 million) in cash.

FactSet Research Systems Inc ((FDS)) gained 3.2% or $2.92 to $91.73 after the financial and economic information provider reported fourth quarter revenues increased 14% to $191.9 million from $168.2 million in the same quarter last year. Net income in the quarter rose 4% to $40.9 million or 88 cents per diluted share compared to $39.3 million or 83 cents per share a year ago.

Jefferies Group, Inc. ((JEF)) increased 1.6% or 23 cents to $14.35 after the investment services provider reported third quarter revenues increased to $794.1 million from $693 million in the same quarter last year. Net income in the quarter increased to $68.3 million or 30 cents per diluted share compared to $44.7 million or 22 cents per share a year ago.