On Friday, Shares of Northern Oil and Gas, Inc. (NYSEMKT:NOG), dropped -0.79% to $8.77.
Northern Oil and Gas, declared that it anticipates to release first quarter 2015 financial and operating results on Thursday, May 7, 2015, after market close.
Additionally, the Company plans to host a conference call on Friday, May 8, 2015 at 10:00 AM Central Time.
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. It primarily holds interest in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana.
Shares of Brookdale Senior Living Inc. (NYSE:BKD), declined -0.77% to $35.95, during its last trading session.
Brookdale Senior Living, declared that it plans to release its first quarter 2015 financial results after the market closes on Thursday, May 7, 2015. The Company has also planned a conference call to talk about the results on Friday, May 8, 2015 at 9:00 AM ET.
Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Ongoing Care Retirement Communities (CCRCs) Rental, Brookdale Ancillary Services, and Administration Services.
At the end of Friday’s trade, Shares of RAIT Financial Trust (NYSE:RAS), dwindled -0.77% to $6.43, hitting its lowest level.
RAIT Financial Trust, declared first quarter 2015 financial results.
Financial Performance
- Total revenues grew 12.8% to $75.9 million for the quarter ended March 31, 2015 from $67.3 million for the quarter ended March 31, 2014.
- Fee and other income raised 27.3% to $5.6 million at March 31, 2015 from $4.4 million for the quarter ended March 31, 2014.
- Cash Accessible for Distribution (“CAD”) per share was $0.19 for the quarter ended March 31, 2015 contrast to $0.22 for the quarter ended March 31, 2014.
CAD Guidance
RAIT maintains its formerly declared CAD guidance of $1.02-$1.20 per share for 2015. Please see slide 14 in RAIT’s current report on Form 8-K furnished with the Securities and Exchange Commission (“SEC”) on March 27, 2015 for a reconciliation of RAIT’s annualized projected net income (loss) allocable to common shares to its projected CAD and assumptions underlying the estimate, administration’s rationale for the usefulness of CAD, how RAIT calculates CAD, and other information.
RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust (REIT). The company, through its auxiliaries, invests in, manages, and services real estate-related assets with a focus on commercial real estate. It also offers a set of debt financing options to the commercial real estate industry together with fixed income trading and advisory services.
Finally, Virgin America Inc. (NASDAQ:VA), ended its last trade with -0.73% loss, and closed at $28.53.
Virgin America, stated its financial results for the first quarter of 2015. Key highlights from the first quarter comprise:
- First quarter 2015 net income was $10.5 million not taking into account special items[1], an enhance of $32.9 million from the first quarter of 2014. Operating income and operating margin not taking into account special items were $13.1 million and 4.0 percent, respectively.
- On a GAAP basis, net income was $12.8 million. This represents the first time in its history that Virgin America has recorded a profit in the first quarter of the year, and the tenth successive quarter of year-over-year improvement in profitability. Operating income and operating margin on a GAAP basis were $15.4 million and 4.7 percent, respectively.
- Fully diluted earnings per share not taking into account special items was $0.24. On a GAAP basis, fully diluted earnings per share was $0.29.
Virgin America Inc. provides planned air travel services. As of December 31, 2014, it offered services to 21 airports in the United States and Mexico with a fleet of about 53 Airbus single-aisle aircraft, counting of 10 Airbus A319s and 43 Airbus A320s.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
