Synovus, TSYS unveil fourth quarter earnings Tuesday [Columbus Ledger-Enquirer]
|By Tony Adams, Columbus Ledger-Enquirer|
|McClatchy-Tribune Information Services|
It will be followed Tuesday afternoon, after the market closes, by credit-card processor TSYS, which will unveil the earnings information from its global business.
Two weeks later, on
Here's a synopsis on each company and what is expected of them:
The bank, which has strung together five straight quarterly profits after three years of losses, apparently is in position to post a loss for the fourth quarter and the year.
The 19 analysts surveyed by research firm
That compares to a penny-per-share profit on revenue of just over
For all of 2012, the analysts expect the parent company of
The company has signaled its intentions to pay back the
It is the largest financial institution that still owes money through the program.
Market research firm Keefe Bruyette recently upgraded the target price for the bank's stock shares from
The credit card and electronic payments processor, incorporated as
It now is looking for steady growth and appears to be achieving that goal with its latest quarter.
The 21 analysts who follow the firm are expecting a profit of
For full-year 2012, earnings should come in at
The company's management has clearly signaled its intentions to use its strong cash flow for strategically acquiring card-processing and merchant businesses that can help it diversify and grow its existing revenue pipeline.
It has made several purchases, but its biggest to date was the two-part acquisition of First National Merchant Solutions in 2010 and 2011 for about
The company, which insures workers in the U.S. and
A deadly earthquake and tsunami in
But the profits and dividends have continued to roll in. And the 22 analysts polled by
The firm is expected to record a profit of
For all of 2012, market prognosticators anticipate
And while it's still a bit early to forecast 2013, the analysts for now see a more meager full-year gain, with earnings of
Financial firm Raymond James on Thursday lowered its outlook for
The stock is currently trading just under
U.S. sales also are expected to fall 3.5 percent, the financial firm said.
The motion-picture exhibitor, which operates more than 230 movie theaters in 35 states, is now experiencing a growth surge amid what analysts have declared a blockbuster year for the industry. Carmike has upgraded its theaters over the last couple of years and is now setting its sights on opening new, modern movie houses in key midsized markets. The basic goal through new theaters and strategic acquisitions of smaller players is to add 70 new locations for a total of 300 theaters.
It all is adding up to a solid picture for Carmike, with the seven market analysts that track the company anticipating a fourth-quarter profit of
For 2012 as a whole, the firm is expected to post earnings of
What's more -- and it's still early -- but market analysts see Carmike surging to a profit of
Still, some industry analysts have pointed out the super financial season of 2012 will be a hard act to follow for Carmike and its competitors, particularly when it comes to comparing 2013 earnings to the prior year.
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