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Earnings Roundup: Chiquita, Crocs



By AP
19 February 2008 @ 06:22 pm EST

Among the earnings stories for Tuesday, Feb. 19, from AP Financial News:

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CQB 14.41 -0.12
CROX 4.35 -0.01
AMSG 27.28 -0.19
KALU 52 0.23
JOE 34.94 0.03
SHOO 24.41 -0.83
FNDT 13.96 -0.29
PTP 35.84 -0.27

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CINCINNATI (AP) Chiquita Brands International Inc. reported a smaller fourth-quarter loss on Tuesday, helped by higher banana pricing and a continuing recovery in retail salads.

NIWOT, Colo. (AP) Crocs Inc., the maker of colorful plastic shoes, said Tuesday its fourth-quarter profit jumped 84 percent as revenue nearly doubled on a surge in international demand.

NASHVILLE, Tenn. (AP) AmSurg Corp., operator of outpatient surgery centers, said Tuesday its fourth-quarter profit rose 33 percent as the company both acquired and opened several new facilities.

FOOTHILL RANCH, Calif. (AP) Aluminum products maker Kaiser Aluminum Corp. said Tuesday its fourth-quarter profit soared, as shipments increased and demand for aerospace and defense products rose.

JACKSONVILLE, Fla. (AP) St. Joe Co., a Florida real estate developer, reported a sharp drop in fourth-quarter earnings but the result beat market expectations, and investors bid the stock higher.

NEW YORK (AP) Shares of Steven Madden Ltd. rose on Thursday, after the shoe maker said fourth-quarter profit fell 53 percent on weak sales, but results beat analysts' muted expectations.

JERSEY CITY, N.J. (AP) Fundtech Ltd.'s stock leaped Tuesday after the electronic payment processor reported a 69 percent jump in profit for the fourth quarter.

NEW YORK (AP) Platinum Underwriters Holdings Ltd.'s profit climbed 19 percent in the fourth quarter as a benign hurricane season led to few claims, the insurer said Tuesday.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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