Hot Earnings: Depomed Inc, Energy Transfer Equity, Energy Transfer Partners, Fluor Corporation

Lakeway, NY -- (SBWIRE) -- 02/21/2013 -- 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:-

Depomed Inc. (NASDAQ:DEPO) went down 0.52% to $6.70 after market trading hours. The Company announced fourth quarter results. Total revenues for the fourth quarter of 2012 were $26.6 million. Fourth quarter 2012 revenues more than doubled total revenues for the fourth quarter of 2011 of $12.1 million. The increase in revenues in the fourth quarter of 2012 was driven by product sales of Gralise and Zipsor and increased Glumetza royalties. Net loss for the fourth of quarter of 2012 was ($3.7) million or ($0.07) per share compared to net loss of ($13.8) million, or ($0.25) per share in the fourth quarter of 2011.

Is DEPO a Still a Buy after the Solid momentum? Let’s Find out Here

Energy Transfer Equity, L.P. (NYSE:ETE) closed at $50.72. The Company reported fourth quarter results. The distributable cash flow, as adjusted was $193 million for the three months ended December 31, 2012 as compared to $135 million for the three months ended December 31, 2011. ETE's net income attributable to partners was $49 million for the three months ended December 31, 2012, as compared to $86 million for the three months ended December 31, 2011.

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

Energy Transfer Partners LP (NYSE:ETP) moved up 0.88% to $47.25 after market trading hours. The Company reported its financial results for the fourth quarter ended December 31, 2012. Adjusted EBITDA was $948 million, an increase of $455 million over the three months ended December 31, 2011. Distributable Cash Flow was $488 million, an increase of $169 million over the three months ended December 31, 2011. Income from continuing operations for the three months ended December 31, 2012 was $334 million, an increase of $118 million from the three months ended December 31, 2011.

Should ETP Buy ENTB After The Recent Movement? Let’s Find out Here

Fluor Corporation (NEW) (NYSE:FLR) decreased 1.32% to $63.49 after market trading hours. The Company reported year end results. Net earnings attributable to Fluor for 2012 were $456 million or $2.71 per diluted share compared to $594 million or $3.40 per diluted share in 2011. Consolidated revenue for the year rose 18% to $27.6 billion due to strong growth in the Industrial & Infrastructure and Oil & Gas business segments.

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

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