Mississippi Business Journal » income

Southern’s earnings impacted by increased Kemper plant cost

MBJ Staff — Thu, 25 Apr 2013 12:27:43 +0000

ATLANTA — Southern Company, the parent of Mississippi Power Co., reports first quarter 2013 earnings of $81 million, or 9 cents a share, compared with earnings of $368 million, or 42 cents a share, in the first quarter of 2012. The first quarter results include two charges against earnings – a $333-million (38 cents per [...]

The post Southern’s earnings impacted by increased Kemper plant cost appeared first on Mississippi Business Journal.

Renasant sees post-merger earnings increase

MBJ Staff — Wed, 24 Apr 2013 12:09:21 +0000

TUPELO — Renasant Corporation has released its financial results for the first quarter of 2013. Net income for the first quarter of 2013 was $7,571,000, or basic and diluted earnings per share (EPS) of $0.30, as compared to $5,974,000, or basic and diluted EPS of $0.24, for the first quarter of 2012. “Our strong start [...]

The post Renasant sees post-merger earnings increase appeared first on Mississippi Business Journal.

Utility’s earnings up, but expansion and hiring delayed

MBJ Staff — Thu, 31 Jan 2013 14:49:54 +0000

ATLANTA — Southern Company reported fourth quarter 2012 earnings of $383 million, or 44 cents a share, compared with earnings of $261 million, or 30 cents a share, in the fourth quarter of 2011. Southern Company, the parent company of Mississippi Power Co., also reported full-year 2012 earnings of $2.35 billion, or $2.70 a share, [...]

The post Utility’s earnings up, but expansion and hiring delayed appeared first on Mississippi Business Journal.

Trustmark sees quarterly profits rise 14%

MBJ Staff — Wed, 23 Jan 2013 14:03:32 +0000

JACKSON — Regional bank Trustmark Corp. said profit in 2012′s fourth quarter rose 14 percent from the same three months of 2011, as bad loans fell and the bank made more from writing new mortgages. Trustmark said Tuesday it made a quarterly profit of $27.7 million, or 43 cents per share, up from $24.3 million, [...]

The post Trustmark sees quarterly profits rise 14% appeared first on Mississippi Business Journal.

Entergy expects quarterly earnings to rise significantly

MBJ Staff — Wed, 23 Jan 2013 13:57:47 +0000

NEW ORLEANS — Entergy Corporation expects fourth quarter 2012 as-reported earnings of approximately $1.65 per share and operational earnings of approximately $1.71 per share. Results for fourth quarter 2011 were $0.87 per share on an as-reported basis and $0.94 per share on an operational basis. Entergy also affirmed previously issued operational earnings guidance for 2013. [...]

The post Entergy expects quarterly earnings to rise significantly appeared first on Mississippi Business Journal.

Renasant sees profits soar during fourth quarter

Associated Press — Wed, 16 Jan 2013 13:52:20 +0000

TUPELO — Regional bank Renasant Corp. said profit in 2012′s fourth quarter rose 26 percent from the same three months of 2011, as the bank set aside less to cover bad loans and paid savers less interest. Renasant said it made a quarterly profit of $7.28 million, or 29 cents per share, up from $5.79 [...]

The post Renasant sees profits soar during fourth quarter appeared first on Mississippi Business Journal.

Challenging market, input costs cut Cal-Maine’s earnings

MBJ Staff — Thu, 03 Jan 2013 13:42:25 +0000

JACKSON — Cal-Maine Foods Inc. reported net sales for the second quarter of fiscal 2013 were $328.9 million, compared with net sales of $290.4 million for the same quarter of fiscal 2012. The egg company reported net income of $14.3 million, or $0.60 per basic share, for the second quarter, compared with net income of [...]

The post Challenging market, input costs cut Cal-Maine’s earnings appeared first on Mississippi Business Journal.

Fertilizer company reports loss, decreased sales

MBJ Staff — Tue, 18 Dec 2012 17:58:20 +0000

MADISON — Phosphate Holdings Inc. reports a third quarter of 2012 net loss of $4.8 million, or $0.57 per diluted share of common stock, compared to net income of $1.5 million, or $0.18 per diluted share of common stock, for the same period in 2011. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of [...]

The post Fertilizer company reports loss, decreased sales appeared first on Mississippi Business Journal.

Despite ‘challenging’ year, Sanderson sets new sales record

MBJ Staff — Tue, 18 Dec 2012 17:57:48 +0000

LAUREL — Sanderson Farms Inc. saw net sales for the fourth quarter of fiscal 2012 of $648.4 million, compared with $559.8 million for the same period a year ago. For the quarter, the poultry company reported net income of $9.3 million, or $0.41 per share, compared with a net loss of $21.6 million, or $0.97 per [...]

The post Despite ‘challenging’ year, Sanderson sets new sales record appeared first on Mississippi Business Journal.

Hancock Fabrics’ sales up, but posts loss

MBJ Staff — Mon, 10 Dec 2012 15:19:07 +0000

BALDWYN — Hancock Fabrics Inc., during the third quarter ended Oct. 27, recorded net sales of $71.9 million, compared to $70.8 million for the third quarter of last year, and comparable store sales increased 2.3 percent, compared to a 3.5 percent decline in the previous year. The retailer reports an operating loss of $800,000, compared [...]

The post Hancock Fabrics’ sales up, but posts loss appeared first on Mississippi Business Journal.