Earnings Recap: Cabot Oil & Gas Corporation, CubeSmart, Community Health Systems, DryShips Inc

Lakeway, NY -- (SBWIRE) -- 02/22/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Cabot Oil & Gas Corporation (NYSE:COG) increased 0.26% to $54.0 after market trading hours. The net income in the fourth quarter of 2012 was $40.9 million or $0.19 per share compared to net income of $26.4 million or $0.13 per share in the fourth quarter of 2011. Natural gas price realizations were $3.91 per Mcf in the fourth quarter of 2012. Oil price realizations were $105.40 per Bbl.

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CubeSmart (NYSE:CUBE) closed at $14.24. The Company reported fourth quarter funds from operations of $28.2 million or $0.21 per share compared to $11.2 million or $0.09 per share last year. Adjusted FFO for the quarter was $0.21 per share from $0.17 per share last year. Total revenues for the quarter were $77.4 million from $61.3 million last year.

Is CUBE a Strong Buying Opportunity After The Recent Slump? Find out Here

Community Health Systems (NYSE:CYH) declined 0.48% to $41.30 after market trading hours. The Company posted fourth quarter results. Net income was $62.5 million or $0.69 per share compared to $30.9 million or $0.35 per share in the same period last year. Income from continuing operations were $85.6 million or $0.69 per share compared to $55.6 million or $0.38 per share in the prior year. The analysts polled by Thomson Reuters expected the company to earn $0.85 per share for the quarter. Operating revenues were $3.27 billion, up from $3.00 billion in the prior year, while analysts expected revenues of $3.25 billion.

Is CYH Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here

DryShips Inc. (NASDAQ:DRYS) decreased 0.49% to $2.02 after market trading hours. Recently, the Company announced the upsizing of the previously announced public offering of common shares of Ocean Rig that it owns to 7,500,000 common shares and that the offering has priced with gross proceeds of approximately $126.4 million. Following the completion of the offering, DryShips is expected to own approximately 59.4% of Ocean Rig's outstanding shares.

Is DRYS a Strong Buying Opportunity After The Recent Fall? Get Free Trend Analysis Here

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