Thursday October 19, 2000
|
3 Mos. to Sept. 30: |
2000 |
1999 |
|---|---|---|
|
Revenues |
1,225 |
1,410 |
|
Inc. fr. contng. opers. |
214 |
209 |
|
Discontd. opers. |
-- |
(7) |
|
Net income |
214 |
202 |
|
Share earns. (basic) |
|
|
|
Fr. contng. opers. |
$0.30 |
$0.29 |
|
Discontd. opers. |
-- |
(0.01) |
|
Net income |
0.30 |
0.28 |
|
Share earns. (diluted) |
|
|
|
Fr. contng. opers. |
$0.29 |
$0.27 |
|
Discontd. opers. |
-- |
(0.01) |
|
Net income |
0.29 |
0.26 |
|
9 Mos.: |
|
|
|
Revenues |
3,490 |
4,119 |
|
Inc. fr. contng. opers. |
515 |
1,252 |
|
Discontd. opers. |
-- |
174 |
|
Inc. bef. extraord. item & acctg. change |
515 |
1,426 |
|
Extraord. item |
(2) |
-- |
|
Acctg. change |
(56) |
-- |
|
Net income |
457 |
1,426 |
|
Share earns. (basic) |
|
|
|
Fr. contng. opers. |
$0.72 |
$1.64 |
|
Discontd. opers. |
-- |
0.22 |
|
Bef. extraord. item & acctg. change |
0.72 |
1.86 |
|
Extraord. item |
Nil |
-- |
|
Acctg. change |
(0.08) |
-- |
|
Net income |
0.64 |
1.86 |
|
Share earns. (diluted) |
|
|
|
Fr. contng. opers. |
$0.69 |
$1.54 |
|
Discontd. opers. |
-- |
0.21 |
|
Bef. extraord. item & acctg. change |
0.69 |
1.75 |
|
Extraord. item |
Nil |
-- |
|
Acctg. change |
(0.07) |
-- |
|
Net income |
0.62 |
1.75 |
| Note: a Results for the 3 & 9 mos. of 2000 include pre-tax net nonrecurring charges of $$7M & 110M and for the 3 & 9 mos. of 1999, a pre-tax net nonrecurring charge of $20M and a pre-tax net nonrecurring gain of $693M. | ||
NEW YORK (Standard & Poor's)--Oct 18, 2000, Cendant Corp., announced 3Q EPS $0.29 vs. $0.27 and 9 mos. EPS $0.69 vs. $1.54.
Results for the 3 & 9 mos. of 1999 exclude a loss of $0.01 and a gain of $0.21 per share from discontinued operations.
Results for the 9 mos of 2000 exclude a charge of $0.07 per share from acctg. change.
Results for the 3 & 9 mos. of 2000 include pre-tax net nonrecurring charges of $7M & $110M and for the 3 & 9 mos. of 1999 a pre-tax net nonrecurring charge of $20M and a pre-tax net nonrecurring gain of $693M.