Earnings roundup: Terra Nitrogen, Chipotle

AP ONLINE

posted: 32 DAYS 14 HOURS AGO

Among the earnings stories for Thursday, Oct. 22, from AP Financial News:

SIOUX CITY, Iowa (AP) — Fertilizer maker Terra Nitrogen Co. LP said its third-quarter profit plunged 84 percent as sales dropped and selling prices fell by about a third.

DENVER (AP) — Chipotle Mexican Grill Inc. said its third-quarter profit climbed almost 77 percent, thanks in part to the addition of new restaurants.

NASHVILLE, Tenn. (AP) — Wellness-program provider Healthways Inc. said its third-quarter profit plunged on lower program revenue and higher costs, though the company boosted its full-year outlook.

MINNEAPOLIS (AP) — Mattress maker Select Comfort Corp. reported a surge in third-quarter earnings and said it will post a profit for the full year as business begins to stabilize, sending shares up more than 6 percent in aftermarket trading.

SANTA CLARA, Calif. (AP) — Dental products company Align Technology Inc. said that hefty costs for a patent lawsuit settlement caused a third-quarter loss, but adjusted profit topped Wall Street expectations.

CHICAGO (AP) — Rail and marine leasing company GATX Corp. said its third-quarter profit fell more than 73 percent to $19.6 million as sales plunged 27 percent.

DALLAS (AP) — Building materials maker Eagle Materials Inc. said its fiscal second-quarter profit fell 22 percent on lower sales of cement and concrete products.

ATLANTA (AP) — Profits and sales were down for another quarter at UPS, but investors will look ahead to the upcoming holiday season to see if the world's largest shipping carrier — and the U.S. economy — are truly on the road to recovery.

HOUSTON (AP) — Texas bank holding company Sterling Bancshares Inc. posted a third-quarter loss, reversing a year-ago profit, as the weak economy forced the company to set aside more money to cover loan losses.

SCOTTSDALE, Ariz. (AP) — Taser International Inc., an electric-shock weapons company, said it posted a third-quarter loss amid sharply higher research and development expenses for new products.