American Capital Jumps On Earnings (ACAS, ALL, ATML, BMC)
American Capital Ltd. (NASDAQ:ACAS) shares gained 1.91% to $10.15 after the company reported second quarter net realized earnings of $12 million or $0.04 per share, as compared to a loss of $177 million or $0.49 per share in the same period last year. Net operating income was $194 million or $0.58 per share, as against $71 million or $0.20 per share last year. Assets under management totaled $101.08 billion, flat with last year. Analysts expected the company to earn $0.21 per share for the quarter.
The Allstate Corporation (NYSE:ALL) stock increased 3.94% to $35.65 after the company reported second-quarter net income of $423 million, or $0.86 per share, as compared to a net loss of $624 million, or $1.19 per share in the prior year quarter. Consolidated revenues for the quarter rose to $8.28 billion from $8.08 billion in the comparable quarter last year. Analysts expected the company to report earnings of $0.51 per share on revenues of $6.82 billion for the quarter.
Atmel Corporation (NASDAQ:ATML) stock climbed 2.39% to $6 after the company reported second-quarter net income of $0.8 million or breakeven per share, versus $90.9 million or $0.19 per share in the comparable quarter last year. Adjusted non-GAAP net income for the quarter was $37.4 million or $0.08 per share, as against $124.3 million or $0.26 per share in the same period last year. Net revenues declined 23% to $368.2 million from $478.6 million in the year ago period. Analysts expected the company to earn $0.04 per share on revenue estimate of $372.12 million for the quarter.
BMC Software, Inc. (NASDAQ:BMC) shares fell 3.16% to $38.35 after the company reported first quarter net income of $54 million or $0.33 per share, from $96 million or $0.53 per share in the same period last year. Adjusted earnings for the quarter were $106 million or $0.65 per share, as compared to $129 million or $0.72 per share in the prior year quarter. Quarterly revenues were $504.4 million, as compared to $502.4 million in the same period last year. Analysts expected earnings of $0.75 per share on revenue estimate of $521.79 million for the quarter.