Air Methods REPORTS Q2 Increase and 4 Stocks Riding Hit 52-Week Highs
Abbott Laboratories (NYSE:ABT) sees a continued tax rate increase of 14.5%-15% for FY and an operating margin ratio of around 100bps in 2012. These comments were made at the Q2 earnings conference call. The shares closed at $65.93, down $0.53 or 0.8% on the day. They have traded in a 52-week range of $46.29 to $66.61.
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Agrium Inc. (NYSE:AGU) CEO Mike Wilson has stated that ” “The increase in expected earnings is due to excellent results across our entire crop input business, resulting from the continuation of robust demand through June, despite the very early start to the spring season. As a result, Q2 EBITDA for all three business units is expected to be higher than the same period last year. The outlook remains very positive, supported by the significant increase in grain and oilseed prices globally due to adverse weather in the U.S. and an expected tightening in international crop input markets. Detailed financials and more colour on our results and the outlook for our business and sector will be provided in our second quarter financial results on Aug. 2.” The shares closed at $95.77, up $3.2 or 3.46% on the day. They have traded in a 52-week range of $60.15 to $93.49..
Air Methods Corp.’s (NASDAQ:AIRM) preliminary Q2 net revenue per community-based transport shows an 18 percent increase to $10,619 compared to the previous year’s Q2 result of $9,008 per transport. The company’s net revenue per community-based transport for Q2 grew 3 percent in comparison with 2012′s Q2. Also, the company’s Preliminary maintenance expense shows a slight decrease in comparison with the previous year’s quarter, although there was a 34 percent increase in flight hours. The shares closed at $107.27, up $8.34 or 8.43% on the day. They have traded in a 52-week range of $56.17 to $102.10.
Smith [A.O.] Corp. (NYSE:AOS) reports a Q2 EPS of 75c, with a consensus of 67c. The shares closed at $52.09, up $2.99 or 6.09% on the day. They have traded in a 52-week range of $29.81 to $50.22.
Asml Holding N.V. (NASDAQ:ASML) CEO Eric Meurice stated, “The second half revenue level is expected to be between EUR2.2B-EUR2.4B and looks sustained by an increase of NAND memory critical layer systems shipments, stability of DRAM memory systems sales, and slower 28/32 nm Logic in the 2H vs 1H. The exact level of sales achieved in the 2H will depend on the strength of NAND pick up, itself fueled by new ultrabook PCs and new smartphone ramps. On the technology front, we expect to ship the first of the NXE:3300, our production-capable Extreme Ultraviolet, or EUV, system, by the end of this year or early next year and the rest of our 11 unit order in 2013. These tools will be used for process development. We are furthermore making progress in preparing EUV lithography for 2014 device production, evidenced by customer commitment to purchase four additional production systems for delivery in 2014. This commitment is enabled by the data gathered on source power increase and by steady performance of the six units already in the field.” The shares closed at $54.57, up $3.07 or 5.96% on the day. They have traded in a 52-week range of $30.65 to $53.30.
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