Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, November 3, 1994                   TAG: 9411030058
SECTION: BUSINESS                    PAGE: B-9   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Medium

EARNINGS

Columbia/HCA Healthcare Corp., Louisville, Ky., parent of Lewis-Gale Hospital in Salem, reported third-quarter net income of $153 million, or 44 cents a share, on revenues of $2.73 billion, compared with a year-earlier net loss of $56 million, equal to 16 cents a share, on revenues of $2.49 billion. For the nine months, net income was $403 million, or $1.17 a share, on revenues of $8.2 billion, compared with $331 million, or 98 cents a share, on revenues of $7.68 billion.

First Colony Corp.

First Colony Corp., Lynchburg parent of FIrst Colony and American Mayflower life insurance companies, reported third-quarter net income of $25.6 million, or 50 cents a share, on life insurance sales volume of $9.11 billion, compared with year-earlier $34.2 million, or 69 cents a share, on sales of $6.81 billion. For the nine months, net income was $95.8 million, or $1.89 a share, on sales of $22.90 billion, compared with $146.9 million, or $2.97, on sales of $19.97 billion.

Hardee's Food Systems

Hardee's Food Systems Inc., Rocky Mount, N.C., fast-food operator, reported third-quarter operating earnings of $36.5 million and company revenue of $502.2 million on sales of $1.30 billion, compared with year-earlier earnings of $32.2 million and company revenue of $544.2 million on sales of $1.33 billion. For the nine months, Hardee's, owned by Imasco Ltd. of Montreal, reported operating earnings of $71.8 million and company revenue of $1.44 billion on sales of $3.6 billion, versus year-earlier $66.1 million and revenue of $1.53 billion on sales of $3.7 billion.

Penn Virginia

Penn Virginia Corp., Philadelphia owner of coal deposits in Southwest Virginia, reported third-quarter net income of $3.5 million, or 82 cents a share, on revenue of $8.9 million, compared with year-earlier income of $2.7 million, or 63 cents, on revenues of $7.9 million. For the nine months, net income was $10 million, or $2.34 a share, on revenue of $27.5 million, compared with $7.9 million, or $1.84, on revenue of $24.3 million.

Premier Bankshares

Premier Bankshares Corp. reported income of $1.9 million, or 43 cents a share, for the three months that ended Sept. 30. That was a 6 percent decline from $2.0 million, or 46 cents a share, for the third quarter of 1993.

For the first ninth months, Premier had income of $6 million, compared with $6.6 million a year earlier. Assets grew 4.52 percent from $540 million to $565 million.

The bank holding company plans to move its headquarters from Tazewell to Bluefield Nov. 21.

Southland Corp.

Southland Corp., Dallas parent of the 7-Eleven convenience-store chain, reported third-quarter net earnings of $43.3 million, or 10 cents a share, on revenues of $1.83 billion, compared with year-earlier $120.7 million, or 29 cents, on revenues of $1.80 billion. For the nine months, earnings were $66.8 million, or 16 cents, on revenues of $5.10 billion, compared with $107.6 million, or 26 cents, on revenues of $5.19 billion.