Sodastream Soars On Robust Earnings (AOL,SMG,FOSL,SODA)

AOL, Inc. (NYSE:AOL) shares increased 3.21% to $26.40 in the morning hour after the company’s profit jumped in the first quarter. The company posted first-quarter net income of $21.1 million or $0.22 per share, as compared to $4.7 million or $0.04 per share last year. Total revenues were $529.4 million, down 4% from $551.4 million a year earlier. Analysts expected earnings per share of $0.07 on revenues of $526.48 million for the quarter.Looking forward, the company now expects fiscal 2012 adjusted OIBDA guidance to $350 million. Analysts on an average are expecting the company to report EBITDA of $310 million for fiscal 2012.

Scotts Miracle-Gro Co (NYSE:SMG) shares gained 1.86% to $47 in the early hour after the company’s second-quarter profit fell 28% as the company’s margins in its core consumer products segment squeezed by higher product costs.
The company reported a second quarter profit of $127.2 million, or $2.05 a share, down from a prior-year profit of $177.6 million, or $2.63 a share. Adjusted per-share earnings from continuing operations were $2.15, down from $2.22 a year earlier. Revenue was up 3.9% to $1.17 billion. Analysts had expected earnings of $2.06 a share on revenue of $1.20 billion.

Fossil, Inc. (NASDAQ:FOSL) shares gained 1.83% to $79.96 in the early hour after the company reported first quarter profit of $58.1 million, or $0.93 a share, up from $55.8 million, or $0.86 a share, a year earlier. Sales rose 9.8% to $589.5 million. The company in February projected per-share earnings of $0.90 to $0.92 a share on 15% sales growth, below analysts' estimates at the time.Looking forward, the company now expects second quarter EPS of $0.77 to $0.79 and between $5.30 and $5.40 for the full year 2012. The consensus estimates are for EPS of $0.94 and $5.56.

Sodastream International Limited (NASDAQ:SODA) shares soared 26.10% to $36.80 in the early hour after the company reported first quarter net income of $10.1 million from $5.5 million a year ago. Earnings per share increased to $0.48, as compared to $0.28 in the same quarter last year. Adjusted net income was $11.5 million or $0.55 per share. Total revenues increased 50.2% to $87.9 million. Analysts expected the company to report earnings of $0.35 per share on revenues of $56.82 million for the quarter.