Breaking News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Interesting Stocks To Watch - Dec. 5: NCS

RELATED NEWS
Trade NCS now with 
12/5/2012 6:49 AM ET

NCI Building Systems Inc. (NCS: Quote) comes on our radar after reporting a profit and 28.4% growth in sales for the fourth quarter.

Company Profile

NCI Building Systems design, manufacture and market a comprehensive line of metal buildings and components for the nonresidential construction industry.

The company's Metal Coil Coating segment offers full-service coating capabilities for cleaning, treating, slitting and coating various flat-rolled metal coil substrates which are used for nonresidential construction applications by external customers and its own components and building groups, as well as for other industrial applications in the lighting, HVAC and appliance markets.

Metal Components segment designs, engineers, manufactures, and markets metal components, including metal roof and wall systems, metal partitions, metal trims, doors, and other related accessories for construction, repair and retrofit, architectural, and engineered building system applications. It sells metal components directly to regional manufacturers, contractors, subcontractors, distributors, lumberyards, co-operative buying groups, and other customers.

The company's Engineered Building Systems segment offers engineered building systems and self-storage building systems for commercial, industrial, agricultural, governmental, and community markets. This segment sells its products to builders, general contractors, developers, private label companies, and end users through an in-house sales force.

Quarterly Results

NCI Swings To Profit In Q4

- Q4 net income was $6.3 million or $0.08 per share versus loss $4.4 million or $0.24 per share last year.

- Q4 adj. net income was $6.4 million or $0.08 per share versus loss $2.1 million or $0.11 per share last year. Consensus - $0.08 per share.

- Q4 sales rose 28.4% to $361.69 million from $281.79 million last year.

Q3 Results

- Q3 net loss was $52.1 million or $2.74 per share versus $13.1 million or $0.71 per share last year.

- Q3 adj. net income was $918 thousand or $0.05 per share versus loss $6.99 million or $0.38 per share a year ago.

- Q3 sales rose to $298.5 million from $262.1 million last year.

Q2 Adj. Loss Narrows

- Q2 second-quarter net loss was $16.3 million or $0.86 per share versus $9.2 million or $0.51 per share last year.

- Q2 adj. net loss narrowed to $8.4 million or $0.45 per share from $8.7 million or $0.48 per share last year. Consensus - loss $0.39 per share.

- Q2 sales grew to $250.23 million from $225.57 million last year.

Q1 Results

- Q1 net loss narrowed to $10.0 million or $0.54 per share from $20.7 million or $1.1.14 per share last year.

- Q1 adj. net loss was $6.0 million or $0.32 per share versus $17.9 million or $0.99 per share last year.

- Q1 sales rose 28% to $243.60 million from $190.09 million last year.

Annual Financial Data

Sales for fiscal 2011 totaled $959.6 million, compared to $870.5 million in 2010, and $965.3 million in 2009.

Net loss applicable to common shares for 2011 amounted to $47.5 million or $2.58 per share, compared to a loss of $311.2 million or $17.07 per share in 2010, and loss $762.5 million or $171.18 per share in 2009.

Register
To receive FREE breaking news email alerts for NCI Building Systems and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The Reserve Bank of New Zealand on Thursday raised its Official Cash Rate by 25 basis points, to 3.00 percent from 2.75 percent. The decision was in line with expectations, and it marks the second straight month with a rate hike following 24 straight meetings in which the rate was not changed. New Zealand's economic expansion has considerable momentum, with GDP estimated to have grown by 3.5 percent in the year to March. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter. Stocks moved mostly lower during trading on Wednesday, giving back some ground after trending higher over the past several sessions. Selling pressure was relatively subdued, however, limiting the downside for the markets. The major averages all closed in the red, although the tech-heavy Nasdaq underperformed its counterparts by a wide margin.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.