Notable Earnings News (ARIA, CAH, CNP, DNR, DTV)
Ariad Pharmaceuticals Inc (NASDAQ:ARIA) declined 2.70% to $18.02 after the Company reported second quarter results. Net loss was $51.3 million compared to $47.8 million in the prior year period. Loss per share was $0.31 versus $0.36 in the prior year period. However, analysts expected loss per share of $0.27 for the quarter. Total revenue was $318,000 compared to $66,000 in the previous year period.
Cardinal Health Inc (NYSE:CAH) decreased 2.61% to $41.41 after the Company released fourth quarter results. Revenues were $26.8 billion and non-GAAP diluted earnings per share from continuing operations were $0.73.
CenterPoint Energy Inc (NYSE:CNP) went up 0.91% to $21.09. The Company reported second quarter profit of $126 million or 29 cents per share compared to $119 million or 28 cents per share in the prior year period. Revenue moved down 17% to $1.53 billion. However, analysts projected earnings of 25 cents on revenue of $2.02 billion. Operating margin rose to 19.8% from 16.5%. The Company expects earnings per share to be in the range $1.13 to $1.23 for fiscal year.
Denbury Resources Inc (NYSE:DNR) went down 0.97% to $15.26. The Company posted second quarter profit of $211.9 million or 54 cents per share compared to profit of $259.2 million or 64 cents per share in the prior year period. Revenue increased 0.06% to $601.8 million. However, analysts expected earnings of 34 cents per share on revenue of $610 million. Total expenses increased 46% to $259 million. The average daily production increased 16%. Sales prices declined 10% for oil and 64% for natural gas.
DIRECTV (NASDAQ:DTV) decreased 1.30% to $49.46. The Company reported second quarter EPS of $1.09, below the analyst estimate of $1.13. Revenue for the quarter was $7.22 billion versus the consensus estimate of $7.21 billion.