McDermott International (MDR) Surprise Profit
Post# of 89
Posted On: 03/03/2015 3:48:56 AM
After the closing bell on Monday, McDermott International Inc. (MDR) reported strong performance on its quarterly financial results, highlighted by better-than-expected profit numbers.
For the fourth quarter 2014, MDR posted revenues of $806.4 million, a 55.9% increase year over year, and net income of $8.2 million, or $0.03 per fully diluted share, compared to a net loss of ($326.2) million, or ($1.38) per diluted share in the same period the prior year, these results better than the FactSet consensus analyst estimate of ($0.06) loss per share on revenue of $716.8 million for the period.
According to its business outlook for 2015, MDR expects revenues to be in the range of $3.3 billion to $3.6 billion and operating income to be in the range of $25 million to $50 million, including expected restructuring charges in the range of $25 million to $35 million
MDR is a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide.
More about McDermott International Inc. (MDR) at www.mcdermott.com
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Nutrisystem, Inc. (NTRI) delivered its sixth consecutive quarter of year-over-year revenue growth on its financial results, with earnings that exceeded analysts' expectations.
For the fourth quarter 2014, NTRI posted revenue of $79.2 million, a 13% increase year over year, and earnings of $0.18 per share, compared to earnings of $0.04 per share in the same period the prior year, topping the Capital IQ Consensus Estimate of $0.17 earnings per share for the period.
For the first quarter 2015, NTRI expects revenue to be in the range of $129 to $134 million and adjusted EBITDA between $47.8 and $52.5 million.
NTRI is a leader in the weight loss industry, having helped millions of people lose weight over the course of more than 40 years.
More about Nutrisystem, Inc. (NTRI) at www.nutrisystem.com
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Connecture, Inc. (CNXR) said that it expects revenue for fourth quarter 2014 to be in the range of $26 million to $28 million, better than the Capital IQ Consensus Estimate of $24.77 million for the period
CNXR foresees revenue for full year 2014 in the range of $83 million to $85 million
CNXR will release its 2014 fourth quarter and full year financial results on Tuesday, March 10, 2015 after market close.
CNXR is a leading web-based consumer shopping, enrollment and retention platform for health insurance distribution.
More about Connecture, Inc. (CNXR) at www.connecture.com
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Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Vacaville, CA ( www.vacaville.crwe-pr.com ) into the CRWE Network.
Vacaville is located in northern Solano County, California, midway between San Francisco and Sacramento. Vacaville's rich history has transformed the community from a small agricultural town into a thriving and progressive city
The City of Vacaville had an estimated population in 2013 (U.S. Census Bureau) of 94,275, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Press Release ( www.crwepressrelease.com ) offers increased visibility with cost effective solutions through the distribution of information to the entire CRWE Network for both public and private companies.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
For the fourth quarter 2014, MDR posted revenues of $806.4 million, a 55.9% increase year over year, and net income of $8.2 million, or $0.03 per fully diluted share, compared to a net loss of ($326.2) million, or ($1.38) per diluted share in the same period the prior year, these results better than the FactSet consensus analyst estimate of ($0.06) loss per share on revenue of $716.8 million for the period.
According to its business outlook for 2015, MDR expects revenues to be in the range of $3.3 billion to $3.6 billion and operating income to be in the range of $25 million to $50 million, including expected restructuring charges in the range of $25 million to $35 million
MDR is a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide.
More about McDermott International Inc. (MDR) at www.mcdermott.com
**
Nutrisystem, Inc. (NTRI) delivered its sixth consecutive quarter of year-over-year revenue growth on its financial results, with earnings that exceeded analysts' expectations.
For the fourth quarter 2014, NTRI posted revenue of $79.2 million, a 13% increase year over year, and earnings of $0.18 per share, compared to earnings of $0.04 per share in the same period the prior year, topping the Capital IQ Consensus Estimate of $0.17 earnings per share for the period.
For the first quarter 2015, NTRI expects revenue to be in the range of $129 to $134 million and adjusted EBITDA between $47.8 and $52.5 million.
NTRI is a leader in the weight loss industry, having helped millions of people lose weight over the course of more than 40 years.
More about Nutrisystem, Inc. (NTRI) at www.nutrisystem.com
**
Connecture, Inc. (CNXR) said that it expects revenue for fourth quarter 2014 to be in the range of $26 million to $28 million, better than the Capital IQ Consensus Estimate of $24.77 million for the period
CNXR foresees revenue for full year 2014 in the range of $83 million to $85 million
CNXR will release its 2014 fourth quarter and full year financial results on Tuesday, March 10, 2015 after market close.
CNXR is a leading web-based consumer shopping, enrollment and retention platform for health insurance distribution.
More about Connecture, Inc. (CNXR) at www.connecture.com
**
Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Vacaville, CA ( www.vacaville.crwe-pr.com ) into the CRWE Network.
Vacaville is located in northern Solano County, California, midway between San Francisco and Sacramento. Vacaville's rich history has transformed the community from a small agricultural town into a thriving and progressive city
The City of Vacaville had an estimated population in 2013 (U.S. Census Bureau) of 94,275, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Press Release ( www.crwepressrelease.com ) offers increased visibility with cost effective solutions through the distribution of information to the entire CRWE Network for both public and private companies.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
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