1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Leucadia National Profits up 39%

November 08, 2005 | About:

Leucadia National (LUK), the company of our guru Ian Cumming, is making more money. In the third quarter its diluted earnings per share was $0.93,up 39% from the third quarter of 2004, $0.67.  

The revenue of Leucadia for the third quarter was up from $ 633 million of 2004 to $836 million. Its recent acquisitions of ATX communications and Idaho Timber Corporation contributed to $40 million and $90 million in revenue, respectively. Excluding the acquisitions, Leucadia National's earning gained 20% compared with the third quarter of the last year.  

As of Sept. 30, 2005, Leucadia had $1.7 billion in cash, its market cap is $4.8 billion. Leucadia has sold all of its holdings of White Mountains Insurance Group (WTM), according to its third quarter 10-Q report. White Mountains Insurance Group was Leucadia National's largest equity holding during the second quarter.

Rating: 3.4/5 (12 votes)


Please leave your comment:

GuruFocus has detected 7 Warning Signs with Leucadia National Corp $luk.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by

User Generated Screeners

Jefulford2 P/Es under 10
HOLKLSUMini Group Low Shiller P/E
doonich5% within 52wk
JefulfordNegative EV
JefulfordP/graham <0.5
JefulfordP/TB <1
JefulfordP/TB <0.7
JefulfordNCAV <1
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)