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Notable Earnings of the Week (Patterson Companies, Inc., American Eagle Outfitters, Regis Corporation, A-Power Energy Generation Systems, Ltd.)

Notable Earnings of the Week

 



(EMAILWIRE.COM, August 30, 2010 ) New York, NY-Patterson Companies, Inc. (NASDAQ:PDCO) added 0.12% to $25.39 on over 1.67 million shares. The company first-quarter net income improved 20% to $53.92 million or $0.45 per share from $45.06 million or $0.38 per share a year ago.


On average, 13 analysts polled by Thomson Reuters expected earnings per share of $0.44 for the quarter. Analysts' estimate typically excludes one-time items.


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American Eagle Outfitters (NYSE:AEO) gained 2.20% to $13.47 after 4.89 million shares have been traded on the stock. The company said Wednesday that its second-quarter profit fell to $9.66 million, or 5 cents a share, from $28.6 million, or 14 cents, a year earlier. Sales in the quarter ended July 31 rose to $651.5 million from $646.8 million with comparable store sales decreasing 1%.

Excluding the closure of its Martin+Osa apparel business, the company said it would have earned 13 cents a share in the latest period.

Regis Corporation (NYSE:RGS) advanced 0.12% to $16.97 on over 1.04 million shares. The company reported fourth-quarter net income of $18.34 million or $0.30 per share compared with a loss of $4.55 million or $0.11 per share last year.

On average, 10 analysts polled by Thomson Reuters expected earnings per share of $0.37 for the quarter. Analysts' estimate typically excludes one-time items.

A-Power Energy Generation Systems, Ltd. (NASDAQ:APWR) lost 3.17% to close at $6.41 on over 2.40 million shares after the stock created its new 52-week low of $6.06. The company reported an increase in profit for the second quarter, driven by higher revenues.

For the second quarter, net income attributable to the company increased to $11.65 million from $6.25 million in the year-ago quarter. On a per share basis, earnings rose to $0.25 from $0.14 in the comparable quarter of last year.

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