Earnings Roundup: 9 Super Hot Retail and Tech Stocks to Analyze After Earnings

Monday

Medtronic Inc. (NYSE:MDT) reported its results for the second quarter. Net income for Medtronic Inc. rose to $871 million (82 cents per share) vs. $566 million (52 cents per share) in the same quarter a year earlier. This marks a rise of 53.9% from the year earlier quarter. Revenue rose 3% to $4.1 billion from the year earlier quarter. MDT reported adjusted net income of 84 cents per share. By that measure, the company beat the mean estimate of 82 cents per share. Analysts were expecting revenue of $4.07 billion.

“I’m pleased we delivered another quarter of consistent growth in a difficult environment,” said Omar Ishrak, Medtronic chairman and chief executive officer. “A majority of our businesses, and nearly all of our geographies, contributed to this growth. As we continue to focus on innovation, globalization, and execution, I see tremendous opportunities for growth in the future.”

Competitors to Watch: Boston Scientific Corp. (NYSE:BSX), St. Jude Medical, Inc. (NYSE:STJ), Edwards Lifesciences Corp (NYSE:EW), Johnson & Johnson (NYSE:JNJ), ZOLL Medical Corporation (NASDAQ:ZOLL), Abbott Laboratories (NYSE:ABT), Stryker Corporation (NYSE:SYK), Integra LifeSciences Hldgs. Corp. (NASDAQ:IART), CONMED Corporation (NASDAQ:CNMD), and Greatbatch Inc. (NYSE:GB).

Hewlett Packard Co. (NYSE:HPQ) reported its results for the fourth quarter. Net income for the diversified computer systems company fell to $239 million (12 cents per share) vs. $2.54 billion ($1.10 per share) a year earlier. This is a decline of 90.6% from the year earlier quarter. Revenue fell 3.5% to $32.1 billion from the year earlier quarter. HPQ reported adjusted net income of $1.17 per share. By that measure, the company beat the mean estimate of $1.13 per share. It fell exactly in line with the average revenue estimate of $32.1 billion.

“HP has a great opportunity to build on our strong hardware, software, and services franchises with leading market positions, customer relationships, and intellectual property,” said Meg Whitman, HP president and chief executive officer. “We need to get back to the business fundamentals in fiscal 2012, including making prudent investments in the business and driving more consistent execution.”

Competitors to Watch: Dell Inc. (NASDAQ:DELL), Apple Inc. (NASDAQ:AAPL), Oracle Corporation (NASDAQ:ORCL), Microsoft Corporation (NASDAQ:MSFT), Cisco Systems, Inc. (NASDAQ:CSCO), Intl. Business Machines Corp. (NYSE:IBM), EMC Corporation (NYSE:EMC), Super Micro Computer, Inc. (NASDAQ:SMCI), RadiSys Corporation (NASDAQ:RSYS), and Silicon Graphics Intl. Corp (NASDAQ:SGI).

Brocade Communications Systems Inc. (NASDAQ:BRCD) dropped to a fourth quarter loss, but results topped expectations. Reported a loss of $4.3 million (one cent per diluted share) in the quarter. Brocade Communications Systems Inc. had a net income of $22.2 million or 5 cents per share in the year earlier quarter. Revenue rose slightly to $550.5 million. BRCD reported adjusted net income of 16 cents per share. By that measure, the company beat the mean estimate of 6 cents per share. It beat the average revenue estimate of $527.1 million.

“Brocade achieved outstanding results in Q4 that were led by record revenues for our Ethernet business, fast adoption of our 16 Gbps Fibre Channel products, improvements in profitability, and a record cash flow quarter from operations,” said Michael Klayko, CEO of Brocade. “These strong performances demonstrate that we are executing well on our long-term strategy. Looking at FY 12, we plan to leverage this momentum along with our highly differentiated innovation strategy, expanding product portfolio, and our strong routes to market.”

Competitors to Watch: EMC Corporation (NYSE:EMC), Emulex Corporation (NYSE:ELX), NetApp Inc. (NASDAQ:NTAP), Hewlett-Packard Company (NYSE:HPQ), Cisco Systems, Inc. (NASDAQ:CSCO), Western Digital Corp. (NYSE:WDC), QLogic Corporation (NASDAQ:QLGC), Dot Hill Systems Corp. (NASDAQ:HILL), Overland Storage, Inc. (NASDAQ:OVRL), and Quantum Corporation (NYSE:QTM).

Tuesday

Pandora Media Inc (NYSE:P) reported its results for the most recent quarter. Net income for the company was $638,000 (0 cents per share). The company reported a loss of $1.77 million (15 cents per share) in the year-ago quarter. Revenue rose 99% to $75 million.

“Rapid growth of 104% year-over-year in listener hours and record Internet radio market share growth to 66% illustrates the strong demand for personalized radio,” stated Joe Kennedy , Chairman, President & CEO of Pandora. “Our growing scale and powerful, multi-product advertising platform is enabling Pandora to increasingly penetrate areas that were once solely served by terrestrial radio. Our momentum in transforming the radio industry is stronger than ever.”

Competitors to Watch: Sirius XM Radio Inc. (NASDAQ:SIRI), Linkedin Corporation (NYSE:LNKD), Google Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Career College Holding Co. Inc. (CCHZ), CBS Corporation (NYSE:CBS), Amazon.com, Inc. (NASDAQ:AMZN), Comcast Corporation (NASDAQ:CMCSA), and Time Warner Cable Inc. (NYSE:TWC).

TiVo Inc.’s (NASDAQ:TIVO) loss widened in the third quarter, as the company’s results were dragged down by higher costs. Loss widened to $24.5 million (21 cents per diluted share) from $20.6 million (loss of 18 cents per share) in the same quarter a year earlier. Revenue rose 27.4% to $64.8 million from the year earlier quarter. TIVO beat the mean analyst estimate of a loss of 23 cents per share. It beat the average revenue estimate of $50.6 million.

Tom Rogers, President and CEO of TiVo, said, “This was a great quarter and represented a significant step in our growth strategy. Our efforts to get TiVo in more homes globally continues to accelerate as we drove approximately 117,000 net subscription additions and returned to total positive net subscription growth for the first time in four years. We also exceeded our quarterly guidance on service and technology revenues, Adjusted EBITDA and net income. In the U.K., Virgin Media has now deployed its TiVo offering to more than 220,000 subscribers as of the end of October, and RCN recently expanded its TiVo product offering through the deployment of a whole-home solution. Both ONO and Grande deployments are now live, and we expect Charter Communications to begin initial deployments shortly. Additionally, DirecTV intends to launch its TiVo offering in select markets in December with a nationwide rollout to follow early next year. All of this is a testament to our leadership in advanced television and our ability to drive meaningful solutions to market.”

Competitors to Watch: DISH Network Corp. (NASDAQ:DISH), Comcast Corporation (NASDAQ:CMCSA), Virgin Media Inc. (NASDAQ:VMED), DIRECTV (NASDAQ:DTV), Time Warner Cable Inc. (NYSE:TWC), Cablevision Systems Corp. (NYSE:CVC), Netflix (NASDAQ:NFLX) and Echostar Corporation (NASDAQ:SATS).

Wednesday

Chico’s FAS Inc. (NYSE:CHS) reported its results for the third quarter. Net income for Chico’s FAS Inc. fell to $26.5 million (16 cents per share) vs. $28.8 million (16 cents per share) a year earlier. This is a decline of 8.1% from the year earlier quarter. Revenue rose 11.5% to $538.5 million from the year earlier quarter. CHS reported adjusted net income of 18 cents per share. By that measure, the company fell short of mean estimate of 20 cents per share. Analysts were expecting revenue of $548.9 million.

Competitors to Watch: Coldwater Creek Inc. (NASDAQ:CWTR), Limited Brands, Inc. (NYSE:LTD), Ann Inc (NYSE:ANN), The Talbots, Inc. (NYSE:TLB), Christopher & Banks Corp. (NYSE:CBK), Ascena Retail Group Inc (NASDAQ:ASNA), Charming Shoppes, Inc. (NASDAQ:CHRS), New York & Company, Inc. (NYSE:NWY), The Cato Corporation (NYSE:CATO), and Body Central Acquisition Corp. (NASDAQ:BODY).

Thursday

LDK Solar Co. Ltd. (NYSE:LDK) reported its results for the third quarter. Reported a loss of $114.5 million (87 cents per diluted share). The company reported profit of $93.4 million (72 cents per diluted share) in the same quarter a year earlier. Revenue fell 30% to $471.9 million from the year earlier quarter. LDK fell short of the mean analyst estimate of a loss of 36 cents per share. It fell short of the average revenue estimate of $616.9 million.

“During the third quarter, our business was impacted by the continued downturn in the solar industry,” stated Xiaofeng Peng , Chairman and CEO of LDK Solar. “Weak market demand and rapidly declining average selling prices throughout the solar supply chain resulted in shipment volumes and revenues lower than what we previously anticipated. While we continue to believe that the significant opportunities to meet global energy needs with solar power will drive long-term market growth, in the near-term we expect challenging conditions in the solar industry to continue. As such, we remain focused on strengthening our balance sheet, increasing our operating efficiencies and improving our cost structure.”

Competitors to Watch: , Trina Solar Limited (NYSE:TSL), ReneSola Ltd. (NYSE:SOL), JinkoSolar Holding Co., Ltd. (NYSE:JKS), Suntech Power Hldgs. Co., Ltd. (NYSE:STP), JA Solar Hldgs. Co., Ltd. (NASDAQ:JASO), Canadian Solar Inc. (NASDAQ:CSIQ), Hanwha Solarone Co Ltd (HSOL), First Solar, Inc. (NASDAQ:FSLR), and MEMC Electronic Materials, Inc. (NYSE:WFR).

Friday

Deere & Company (NYSE:DE) reported net income above Wall Street’s expectations for the fourth quarter. Net income for the farm and construction machinery company rose to $669.6 million ($1.62 per share) vs. $457.3 million ($1.07 per share) in the same quarter a year earlier. This marks a rise of 46.4% from the year earlier quarter. Revenue rose 20.4% to $7.9 billion from the year earlier quarter. DE beat the mean analyst estimate of $1.44 per share. Analysts were expecting revenue of $7.84 billion.

“John Deere has completed another year of exceptional achievement,” said Samuel R. Allen, chairman and chief executive officer. “Our success reflects a continued pattern of strong customer response to our innovative lines of equipment coupled with the skillful execution of business plans aimed at expanding our global competitive position.”

Competitors to Watch: AGCO Corporation (NYSE:AGCO), Caterpillar Inc. (NYSE:CAT), Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW), The Toro Company (NYSE:TTC), Lindsay Corporation (NYSE:LNN), Kubota Corporation (NYSE:KUB), CNH Global N.V. (NYSE:CNH), Alamo Group, Inc. (NYSE:ALG), Manitowoc Company, Inc. (NYSE:MTW), and American Soil Tech., Inc. (SOYL).

Yingli Green Energy Holding Company Limited (NYSE:YGE) can hang its hat on beating Wall Street’s expectations. Reported a loss of $28.3 million (18 cents per diluted share) in the quarter. Yingli Green Energy Holding Company Limited had a net income of $68.2 million or 44 cents per share in the year earlier quarter. Revenue rose 36% to $667.7 million from the year earlier quarter. YGE reported adjusted net income of 14 cents per share. By that measure, the company beat the mean estimate of 3 cents per share. Analysts were expecting revenue of $662.2 million.

“I’m pleased to see that we emerged stronger under the challenging market dynamics in the third quarter. With a 21.9% increase in PV module shipments in this quarter, we marked another record of quarterly shipment volumes. This was attributable to our well-recognized brand, diversified customer portfolio, strong product bankability, outstanding after-sales services, leading cost structure and cutting-edge technology,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.

Competitors to Watch: Trina Solar Limited (NYSE:TSL), Suntech Power Hldgs. Co., Ltd. (NYSE:STP), JA Solar Hldgs. Co., Ltd. (NASDAQ:JASO), SunPower Corporation (NASDAQ:SPWRA), First Solar, Inc. (NASDAQ:FSLR), China Sunergy Co., Ltd. (NASDAQ:CSUN), Hanwha Solarone Co Ltd (HSOL), JinkoSolar Holding Co., Ltd. (NYSE:JKS), and Ascent Solar Tech., Inc. (NASDAQ:ASTI).