Quick Earnings Recap (AGO, ARNA, CFN, DAR)

Assured Guaranty Ltd. (NYSE:AGO) reported second-quarter net income of $376.5 million or $2.01 per share, as compared to a net loss of $43.1 million or $0.23 per share in the same quarter last year. Operating income for second quarter was $114.0 million or $0.61 per share, as compared to $143.4 million or $0.76 per share in the same quarter last year. Total revenues were $759.5 million as compared to $116.3 million in the same quarter last year. Adjusted revenues for the quarter were $367.4 million compared to $397.1 million. Analysts expected earnings of $0.58 per share on revenues of $183.70 million for the quarter. Shares of AGO are down 3.23% to $11.98 in the pre-market session.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares declined 1.77% to $7.23 in pre-market trading after the company reported a second-quarter net loss of $22.1 million or $0.12 per share, narrower than $22.9 million or $0.16 per share in the year-ago quarter. Total revenue rose to $21.98 million from $3.26 million in the comparable quarter last year. Analysts expected the company report a loss of $0.07 per share on revenue of $10.04 million for the second quarter.

Looking forward, the company updated fiscal 2012 revenue guidance from $66-$72 million to $91-$97 million, which includes the $20.0 million milestone payment received from Eisai for the inclusion in the FDA-approved prescribing information of the BLOOM-DM data.

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CareFusion Corporation (NYSE:CFN) reported fourth quarter profit of $110 million, or $0.49 a share, up from $85 million, or $0.37 a share, in the same quarter a year earlier. Adjusted earnings were down at $0.51 a share from $0.52 a share. Revenue increased 3% to $968 million, or 4% excluding currency fluctuations. Analysts recently projected earnings of $0.49 a share on revenue of $956 million.

For the year, the company projected per-share earnings of $2.11 to $2.21, above recent estimates of analysts for $1.98. Shares of CFN jumped 3.80% to $25.50.

Darling International Inc. (NYSE:DAR) tumbled 10.50% after the company reported a second-quarter net income of $36.2 million or $0.31 per share, as compared to $52.2 million or $0.44 per share in the same quarter last year. Total revenues dropped to $436.67 million from $470.61 million in the comparable quarter last year. Analysts expected the company to earn $0.36 per share on revenue estimate of $441.95 million for the quarter.

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