5:22PM Phillips-Van Heusen beats by $0.01, misses on revs; guides Q3 EPS below consensus, revs below consensus; guides FY09 EPS in-line, revs below consensus (PVH) 36.05 -0.70 : Reports Q2 (Jul) earnings of $0.66 per share, excluding non-recurring items, $0.01 better than the First Call consensus of $0.65; revenues rose 1.6% year/year to $561 mln vs the $579.9 mln consensus. Co issues downside guidance for Q3, sees EPS of $1.07-1.13 vs. $1.21 consensus; sees Q3 revs of $730-740 mln vs. $749.72 mln consensus. Co issues in-line EPS guidance for FY09, sees EPS of $3.32-3.41 vs. $3.35 consensus; sees FY09 revs of $2.56-2.58 bln vs. $2.59 bln consensus.
4:40PM Limited beats by $0.07, misses on revs; guides Q3 EPS in-line; guides FY09 EPS in-line (LTD) 17.97 -0.16 : Reports Q2 (Jul) earnings of $0.27 per share, excluding non-recurring items, $0.07 better than the First Call consensus of $0.20; reports revs of $2.28 bln vs. First Call Consensus of $2.31 bln. Co issues in-line guidance for Q3, sees EPS of 0.00-0.04 vs. $0.04 consensus. Co issues in-line guidance for FY09, sees EPS of 1.45-1.60 vs. $1.48 consensus.
4:33PM Orsus Xelent Technologies signs two-year master agreement with Xingwang Shidai Commerce (ORS) 1.21 -0.04 : The co announces that through a subsidiary company it has signed a two-year Master Distributorship Agreement with its long time distributor Beijing Xingwang Shidai Commerce. The agreement formally appoints Xingwang as a national level distributor for the handset products produced by Orsus. Under the agreement, Xingwang has agreed that the term of the trade account receivables credit from Orsus to Xingwang is 120 days, which shall apply for all trade account receivables incurred by Xingwang since June 30, 2008. Further, payments of all accounts are jointly guaranteed by Xingwang and government-licensed third-party guarantee company Zhong Hui Guarantee, with which Xingwang has signed a credit guarantee contract for the full amount of all trade accounts receivable for Orsus products that are more than 45 days overdue, up to $300 million RMB, or the equivalent of approximately $43 million.
4:11PM Salesforce.com reports EPS in-line, revs in-line; guides Q3 EPS in-line, revs in-line; guides FY09 EPS in-line, revs in-line (CRM) 65.30 -0.18 : Reports Q2 (Jul) earnings of $0.08 per share, in-line with the First Call consensus of $0.08; revenues rose 48.9% year/year to $263 mln vs the $260.6 mln consensus. Co issues in-line guidance for Q3, sees EPS of $0.08-0.09, excluding the effect of the InStranet acquisition, vs. $0.09 consensus; sees Q3 revs of $273-274 mln vs. $273.15 mln consensus. Co issues in-line guidance for FY09, sees EPS of $0.34-0.35, excluding the effect of the InStranet acquisition, vs. $0.35 consensus; sees FY09 revs of $1.07-1.075 bln vs. $1.07 bln consensus.
4:07PM Gymboree beats by $0.03, reports revs in-line; guides Q3 EPS in-line; reaffirms FY09 EPS (GYMB) 36.57 -0.32 : Reports Q2 (Jul) earnings of $0.27 per share, $0.03 better than the First Call consensus of $0.24; revenues rose 12.7% year/year to $202.8 mln vs the $204.1 mln consensus. Co issues in-line guidance for Q3, sees EPS of $1.02-1.04 vs. $1.04 consensus. Co reaffirms guidance for FY09, sees EPS of $3.15-3.20 vs. $3.20 consensus. Co also expects flat to slightly negative Q3 comparable store sales over the same period of the prior year.
4:06PM Bally Technologies beats by $0.01, beats on revs; guides FY09 EPS in-line (BYI) 31.33 -0.51 : Reports Q4 (Jun) earnings of $0.54 per share, $0.01 better than the First Call consensus of $0.53; revenues rose 22.0% year/year to $247 mln vs the $243.8 mln consensus. Co issues in-line guidance for FY09, sees EPS of $2.10-$2.50 vs. $2.33 consensus. "Reflecting continued strong demand for our products and services across all business lines despite the current economic environment, we are reaffirming our fiscal 2009 earnings per share guidance which represents estimated growth of 14 to 35 percent over fiscal 2008 diluted earnings per share."
4:06PM Hot Topic beats by $0.01, previously reported revs in-line; guides Q3 EPS in-line; guides Q4 (Jan) EPS in-line (HOTT) 6.87 +0.11 : Reports Q2 (Jul) loss of $0.01 per share, $0.01 better than the First Call consensus of ($0.02); previously reported revenues rose 3.2% year/year to $166.8 mln vs the $166.7 mln consensus. HOTT guides Q4 EPS of $0.26-0.29 vs. $0.28 consensus. Co issues in-line guidance for Q3, sees EPS of 0.14-0.17, excluding non-recurring items, vs. $0.16 consensus. Co issues in-line guidance for Q4 (Jan), sees EPS of $0.26-0.29, excluding non-recurring items, vs. $0.28 consensus. Total company comparable store sales declined 0.9% for the second quarter of fiscal 2008.
4:02PM Synopsys beats by $0.05, beats on revs; guides Q4 EPS below consensus, revs in-line; guides FY08 EPS above consensus, revs in-line (SNPS) 24.14 +0.84 : Reports Q3 (Jul) earnings of $0.44 per share, $0.05 better than the First Call consensus of $0.39; revenues rose 13.2% year/year to $344.1 mln vs the $339.6 mln consensus. Co issues mixed guidance for Q4, sees EPS of $0.36-0.39 vs. $0.40 consensus; sees Q4 revs of $348-356 mln vs. $354.35 mln consensus. Co issues mixed guidance for FY08, sees EPS of $1.65-1.68 vs. $1.63 consensus; sees FY08 revs of $1.332-1.34 bln vs. $1.33 bln consensus.
4:01PM Citi Trends beats by $0.03, reports revs in-line; reaffirms FY09 EPS guidance (CTRN) 18.45 -2.22 : Reports Q2 (Jul) earnings of $0.20 per share, $0.03 better than the First Call consensus of $0.17; revenues rose 19.5% year/year to $115.7 mln vs the $115.7 mln consensus. Co reaffirms guidance for FY09, sees EPS of $1.10-1.15 vs. $1.25 consensus. This guidance is based upon an anticipated 2008 comparable store sales increase of 1% to 2%.
8:27AM Ross Stores reports EPS in-line, beats on revs; guides Q3 EPS in-line; guides Q4 EPS in-line (ROST) 38.36 : Reports Q2 (Jul) earnings of $0.54 per share, in-line with the First Call consensus of $0.54; revenues rose 13.6% year/year to $1.64 bln vs the $1.61 bln consensus. Co issues in-line guidance for Q3, sees EPS of $0.42-0.44 vs. $0.43 consensus. Co issues in-line guidance for Q4 (Jan), sees EPS of $0.78-0.81 vs. $0.80 consensus. Co said, Looking ahead to the important back-to-school and holiday periods, we believe it is prudent to remain defensively positioned based on the uncertain macro economic and retail environments, which no longer have the benefit of the tax rebate checks. As a result, we are maintaining our original target of comparable store sales gains of 2% to 3% for both the third and fourth quarters."
8:02AM Mentor Graphics beats by $0.10, beats on revs; guides Q3 EPS in-line; reaffirms FY09 EPS guidance, revs guidance (MENT) 10.44 : Reports Q2 (Jun) loss of $0.02 per share, excluding non-recurring items, $0.10 better than the First Call consensus of ($0.12); revenues fell 13.1% year/year to $182.4 mln vs the $174.5 mln consensus. Co issues in-line guidance for Q3, sees EPS of $0.15-0.20, excluding non-recurring items, vs. $0.20 consensus. Co reaffirms guidance for FY09, sees EPS of $1.05-1.10 vs. $1.02 consensus; sees FY09 revs of $915 mln vs. $899.35 mln consensus.
7:52AM E-House China reports EPS in-line, beats on revs; guides Q3 revs below consensus (EJ) 8.43 : Reports Q2 (Jun) earnings of $0.14 per share, in-line with the First Call consensus of $0.14; revenues rose 79.2% year/year to $43 mln vs the $41 mln consensus. Co issues downside guidance for Q3, sees Q3 revs of $43-47 mln vs. $58.65 mln consensus. Co said, "Looking ahead to the third quarter of 2008, we expect conditions within China's real estate market to remain challenging. Compared to the second quarter, real estate transaction volumes for July and August in most leading cities will likely show bigger year-on-year decline. This is because July and August of 2007 saw unusually strong transaction activities at the peak of the real estate market boom. The 2008 Beijing Olympic Games may have also caused a temporary slowdown in real estate transactions. However, we are seeing that many developers have adjusted their sales strategy in preparation for the peak season that traditionally begins in September, by placing a sharp focus on increasing sales volumes and cash flows. This trend, combined with our continued belief that the long-term fundamental demand for real estate in China remains strong, provides compelling reasons for transaction volumes to rebound starting in September."
7:02AM BJ's Wholesale beats by $0.01; guides FY09 EPS in-line; announces additional $200 mln buyback (BJ) 40.68 : Reports Q2 (Jul) earnings of $0.58 per share, excluding a $0.03 gain, $0.01 better than the First Call consensus of $0.57; revenues rose 17.6% year/year to $2.7 bln vs the $2.67 bln consensus. Co issues in-line guidance for FY09, sees EPS of $2.10-2.20 vs. $2.14 consensus, prior guidance $2.04-2.14. The Company also announced today that its board of directors has authorized an additional $200 million for share repurchases.
5:38AM Suntech Power beats by $0.09, beats on revs; guides Q3 revs above consensus; guides FY08 revs in-line (STP) 37.13 : Reports Q2 (Jun) earnings of $0.41 per share, excluding non-recurring items, $0.09 better than the First Call consensus of $0.32; revenues rose 51.3% year/year to $480.2 mln vs the $439.3 mln consensus. Non-GAAP gross margin increased to 24.1% compared to 20.3% for Q207. Co issues upside guidance for Q3, sees Q3 revs of $570.0-580.0 mln vs. $542.65 mln consensus. GAAP consolidated gross margin in Q3 is expected to be in the range fo 22% to 23%. Co issues in-line guidance for FY08, sees FY08 revs of $2.05-2.15 bln (previously $1.9-2.1 bln) vs. $2.06 bln consensus. Co increases FY08 PV product shipment target from 530MW to approx 550MW. Suntech targets to reach 1GW of installed PV cell production capacity by YE08.
No comments:
Post a Comment