Earnings- Sept 15th 2008

5:41PM Pall Corp beats by $0.01, beats on revs; guides FY09 EPS in-line (PLL) 34.60 -3.14 : Reports Q4 (Jul) earnings of $0.61 per share, excluding non-recurring items, $0.01 better than the First Call consensus of $0.60; revenues rose 11.9% year/year to $723.2 mln vs the $710.4 mln consensus. Co issues in-line guidance for FY09, sees EPS of $2.15-2.30 vs. $2.26 consensus.

1:46PM Nucor raises Q3 guidance (NUE) 47.84 -1.54 : As mentioned at 13:44 co issues upside guidance for Q3 (Sep), sees EPS of $2.15-2.20 up from $1.80-1.85 prior vs. $1.93 First Call consensus. Co says "We have revised our third quarter guidance higher based upon improved overall performance, strong contributions from our acquisitions of the last 18 months, and a lower than expected LIFO charge due to the significant decrease in scrap prices..."


7:47AM Knight Capital Group releases August 2008 volume statistics; Average daily dollar value traded declined 12% YoY to $15.8 billion (NITE) 16.45 : Co releases August 2008 volume statistics. Average daily dollar value traded in August 2008 was $15.8 bln, down approximately 21.0% from $20.0 bln in July 2008 and up approximately 12.0% from $14.1 bln in August 2007. Average daily U.S. equity trade volume in August 2008 was 2.0 mln, down approximately 19.4% from 2.5 mln in July 2008, and up approximately 38.8% from 1.4 mln in August 2007. Average daily U.S. equity share volume was 5.5 bln in August 2008, up approximately 5.3% from 5.2 bln in July 2008, and up approximately 67.7% from 3.3 bln in August 2007.

6:05AM Titan Machinery beats by $0.02, beats on revs; guides FY09 EPS in-line, revs in-line (TITN) 25.22 : Reports Q2 (Jul) earnings of $0.19 per share, $0.02 better than the First Call consensus of $0.17; revenues rose 57.2% year/year to $134.9 mln vs the $132.2 mln consensus. Co issues in-line guidance for FY09, sees EPS of $0.89-0.94 (previous range: $0.86-0.91) vs. $0.89 consensus; sees FY09 revs of $590.0-635.0 mln (previous range $575.0-625.0 mln) vs. $619.63 mln consensus.