Posts Tagged ‘net income’

TVA reports increase in net income despite lower demand

KNOXVILLE, Tenn. ― The Tennessee Valley Authority reports that the public-owned utility ended fiscal 2013 with net income of $271 million on $11 billion in operating revenues despite a decline in sales, while record levels of low-cost hydroelectric generation helped offset higher fuel costs. TVA president and CEO Bill Johnson said, “We experienced lower demand […] [...]

Atmos releases results, gives 2014 earnings guidance

DALLAS — Atmos Energy Corporation (NYSE: ATO) has released its consolidated results for its 2013 fiscal year and fourth quarter ended Sept. 30. Fiscal 2013 consolidated net income, excluding net unrealized margins and a gain on sale, was $232.6 million, or $2.53 per diluted share, compared with consolidated net income of $211.4 million, or $2.31 per […] [...]

Farm Credit Bank sees increase in earnings, loans

AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) reported increased earnings and loan volume in the third quarter. The cooperatively owned funding bank reported net income of $43.5 million for the third quarter of 2013, a 4.7 percent increase from the same period in 2012. Net income for the nine months ended Sept. 30, 2013, was […] [...]

The First reports improved quarter, nine-month period

HATTIESBURG — The First Bancshares Inc., holding company for The First, A National Banking Association, reports net income available to common stockholders for the three months ended Sept. 30 was $998,000, or $0.19 per diluted share, compared to $766,000, or $0.24 per diluted share, for the same quarter in 2012, an increase of $232,000, or […] [...]

Citizens sees quarterly net income rise, but decrease over nine-month period

PHILADELPHIA — Citizens Holding Company has released the results of operations for the three and nine months ended Sept. 30, 2013. Net income for the three months was $2.009 million, or $0.41 per share-basic and diluted, up from $1.629 million, or $0.34 per share-basic and $0.33 per share-diluted for the same quarter in 2012. Net […] [...]

Entergy reports decreased profit; gives 2014 forecast

by Associated Press Published: October 30,2013

Tags: COST, earnings, electricity, energy, Entergy Corp., FactSet, forecast, net income, profit, publicly traded company, revenue, utility

NEW ORLEANS — Entergy Corp. said day that its third-quarter profit fell 29 percent on higher costs, and it gave a 2014 forecast with midpoint below analysts’ expectations. Shares of the power generating and distribution company fell $2.05, or 3 percent, to close at $66.06. Net income fell to $239.9 million, or $1.34 per share, […] [...]

EastGroup reports increase in revenue, profit

JACKSON — More tenants are renting industrial space from landlord EastGroup Properties, pushing up revenue and profit in the third quarter. The company said quarterly profit rose 24 percent to $8.4 million, or 28 cents per share, in the three months that ended September 30. That’s up from $6.8 million, or 23 cents per share, […] [...]

Renasant sees dip in net income following M&F acquisition

TUPELO — Renasant Corporation saw net income for the third quarter of 2013 of $6.6 million, or basic and diluted earnings per share of $0.24, as compared to $7.0 million, or basic and diluted earnings per share of $0.28, for the third quarter of 2012. On Sept. 1, Renasant completed its merger with First M&F […] [...]

Cal-Maine sees income fall while costs rise

JACKSON — Cal-Maine Foods Inc. said today that its fiscal first-quarter net income fell 6 percent as feed and production costs climbed. The egg producer earned $8.8 million, or 36 cents per share, for the period ended Aug. 31. That compares with $9.4 million, or 39 cents per share, a year earlier. Revenue for the […] [...]

First M&F slashes quarterly net income by nearly $2M

KOSCIUSKO — First M&F Corp. has revised net income for the quarter ended June 30, 2013 to $222,000 from $2.205 million reported in the July 19 earnings announcement. Earnings per share after preferred stock dividends were revised to a loss of $.03 basic and diluted per share from the previously reported net profit of $.18 […] [...]

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