5:12PM Eastman Chem reports EPS in-line, revs in-line; guides Q4 EPS in-line (EMN) 36.83 -1.40 : Reports Q3 (Sep) earnings of $1.35 per share, excluding non-recurring items, in-line with the First Call consensus of $1.35; revenues rose 7.5% year/year to $1.82 bln vs the $1.82 bln consensus. Co says, "given our current expectations for weak economic growth through the end of the year, we expect fourth-quarter 2008 earnings per share from continuing operations excluding gains and charges related to strategic actions to be near the low end of the current range of analysts' estimates on First Call, which is $0.90 per share." (consensus id $1.11).
4:28PM W.R. Grace reports Q3 results (GRA) 7.79 -0.32 : Co reports Q3 results. EPS for the qtr were $0.39 vs $0.27 a year ago; revs rose 14% YoY to $889.4 mln. The sales increase was attributable primarily to higher selling prices in response to rising raw materials costs in both operating segments and favorable currency translation. Price increases yielded approximately $50 million in the third quarter, increasing sales by 6.4% over the prior year quarter. Sales were up 13.4% in North America, 4.4% in Europe Africa, 36.1% in Asia Pacific and 18.8% in Latin America.
4:27PM Monolithic Power beats by $0.01, beats on revs; guides Q4 revs below consensus (MPWR) 13.27 +0.26 : Reports Q3 (Sep) earnings of $0.33 per share, $0.01 better than the First Call consensus of $0.32; revenues rose 21.6% year/year to $48.9 mln vs the $47.7 mln consensus. Co issues downside guidance for Q4, sees Q4 revs of $39-43 mln vs. $45.27 mln consensus. Co sees gross margin in the mid to upper end of the co's target range of 60-63%. Michael Hsing, chief executive officer and founder of MPWR offers, "Research and development and selling, general and administrative expenses between $18.6-$19.6 mln. Despite excellent execution, MPS is affected by the current economic crisis. For the fourth quarter of 2008, our normal seasonality in the consumer segment typically means that the fourth quarter is somewhat down sequentially from the third quarter. We have noticed some cancelations and delays in new projects. On the other hand, we also see many of our new products starting to ramp up to volume production. Therefore, our fourth quarter revenue is very uncertain compared with prior years."
4:25PM Interactive Brokers beats by $0.04, misses on revs (IBKR) 21.59 -0.33 : Reports Q3 (Sep) earnings of $0.65 per share, $0.04 better than the First Call consensus of $0.61; revenues rose 11.7% year/year to $497 mln vs the $511.4 mln consensus. Cleared DARTs increased to 338,000, or 48%, from the year ago quarter.
4:17PM Western Digital beats by $0.12, beats on revs (WDC) 13.05 -0.72 : Reports Q1 (Sep) earnings of $0.93 per share, $0.12 better than the First Call consensus of $0.81; revenues rose 19.4% year/year to $2.11 bln vs the $2.07 bln consensus.
4:17PM HOKU Scientific reports EPS in-line, beats on revs; guides FY09 revs in-line (HOKU) 5.18 -0.08 : Reports Q2 (Sep) loss of $0.05 per share, in-line with the First Call consensus of ($0.05); revenues rose 682.4% year/year to $1.9 mln vs the $1.8 mln consensus. Co issues in-line guidance for FY09, sees FY09 revs of $15-18 mln vs. $18.10 mln consensus.
4:17PM Synaptics beats by $0.06, beats on revs; guides Q2 revs above consensus (SYNA) 27.92 -1.63 : Reports Q1 (Sep) earnings of $0.50 per share, excluding non-recurring items, $0.06 better than the First Call consensus of $0.44; revenues rose 33.7% year/year to $115.9 mln vs the $110.9 mln consensus. Co issues upside guidance for Q2, sees Q2 revs of $135-145 mln vs. $122.58 mln consensus.
4:15PM AFLAC beats by $0.02, misses on revs (AFL) 36.31 -0.93 : Reports Q3 (Sep) earnings of $1.02 per share, $0.02 better than the First Call consensus of $1.00; revenues fell 4.4% year/year to $3.69 bln vs the $4.33 bln consensus. "We are upwardly revising our goal to increase operating earnings per diluted share from a 14% to 15% increase in 2008 to a 15% increase, excluding the impact of the yen. As we have previously stated, we also believe our 2009 objective of increasing operating earnings per diluted share by 13% to 15%, before the impact of the yen, is an achievable target... Our calculations put our risk-based capital ratio at an estimated 495% at the end of September 2008, despite the negative impact of the third quarter investment losses and the strength of the yen. In light of our strong risk-based capital ratio, we do not see a need for raising additional capital."
4:15PM Deckers Outdoor beats by $0.12, beats on revs (DECK) 78.45 -5.23 : Reports Q3 (Sep) earnings of $1.97 per share, $0.12 better than the First Call consensus of $1.85; revenues rose 52.5% year/year to $197.3 mln vs the $195.1 mln consensus. UGG brand sales increased 57.1% to $178.7 mln compared to $113.7 mln last year. Domestic sales increased 40.9% to $162.3 mln compared to $115.2 mln last year. International sales increased 146.7% to $35.0 mln versus $14.2 mln a year ago. Deckers increases Q4 rev growth target to ~52% and its diluted earnings per share growth target to ~44% . The co also expects full year diluted earnings per share to increase ~40% over 2007, up from prior ~34% . The co expects its full year revenue to increase ~52% over 2007, up from previous guidance of ~43% .
4:15PM Columbia Sportswear beats by $0.29, reports revs in-line; guides Q4 EPS in-line, lowers revs (COLM) 31.21 +0.63 : Reports Q3 (Sep) earnings of $1.69 per share, $0.29 better than the First Call consensus of $1.40; revenues fell 4.0% year/year to $452.4 mln vs the $450 mln consensus. Co issues in-line guidance for Q4, sees EPS of $0.60-0.70 vs. $0.65 consensus; sees Q4 revs 6-10% lower YoY, which equates to ~$339.1-354.2 vs. $352.26 mln consensus.
4:14PM Microsoft beats by $0.01, beats on revs; guides Q2 EPS below consensus, revs below consensus; guides FY09 EPS below consensus, revs below consensus (MSFT) 22.32 +0.79 : Reports Q1 (Sep) earnings of $0.48 per share, $0.01 better than the First Call consensus of $0.47; revenues rose 9.4% year/year to $15.1 bln vs the $14784.2 mln consensus. Co issues downside guidance for Q2, sees EPS of $0.51-0.53 vs. $0.55 consensus; sees Q2 revs of $17.3-17.8 bln vs. $17.96 bln consensus. Co issues downside guidance for FY09, sees EPS of $2.00-2.10 vs. $2.11 consensus; sees FY09 revs of $64.9-66.4 bln vs. $66.51 bln consensus. Microsoft's business outlook reflects a balance of risks and the likelihood of a continued economic slowdown. The trends seen late in the first-quarter are now forecasted to continue, whereas previous expectations were for the economy to improve in the second half of the fiscal year. In this economic environment, the company is focused on three main actions; working with customers to provide high value products at the lowest total overall cost of ownership, increasing focus on expense management and targeting investment into the highest priority strategic opportunities.
4:14PM MEMC Elec misses by $0.02, beats on revs; guides Q4 revs in-line (WFR) : Reports Q3 (Sep) earnings of $0.86 per share, excluding non-recurring items, $0.02 worse than the First Call consensus of $0.88; revenues rose 15.4% year/year to $546 mln vs the $530 mln consensus. Co reports gross profit of 49.4% compared to guidance of 51-53%. Co issues downside guidance for Q4, sees Q4 revs of $540-600 mln vs. $608.89 mln consensus. Targeting gross margins of 50%. "As we look at the current quarter, solar application demand continues to be healthy, while semiconductor application demand is weak, mostly due to customer inventory reduction efforts in light of uncertain macroeconomic conditions".
4:12PM PerkinElmer beats by $0.02, reports revs in-line; guides FY08 EPS above consensus (PKI) 17.79 -2.24 : Reports Q3 (Sep) earnings of $0.38 per share, $0.02 better than the First Call consensus of $0.36; revenues rose 15.9% year/year to $505.1 mln vs the $503.1 mln consensus. Co issues upside guidance for FY08, sees EPS of $1.48-1.53 vs. $1.45 consensus.
4:12PM Airgas beats by $0.03, beats on revs; guides Q3 EPS in-line; guides FY09 EPS in-line (ARG) 29.84 -3.46 : Reports Q2 (Sep) earnings of $0.86 per share, $0.03 better than the First Call consensus of $0.83; revenues rose 15.3% year/year to $1.16 bln vs the $1.15 bln consensus. Co issues in-line guidance for Q3, sees EPS of $0.82-$0.84 vs. $0.82 consensus. Co issues in-line guidance for FY09, sees EPS of $3.30-$3.40 vs. $3.33 consensus.
4:09PM BJ Restaurants misses by $0.03, reports revs in-line (BJRI) : Reports Q3 (Sep) earnings of $0.08 per share, $0.03 worse than the First Call consensus of $0.11; revenues rose 19.2% year/year to $95.8 mln vs the $96.4 mln consensus.
4:09PM NETGEAR misses by $0.07, beats on revs; guides Q4 revs below consensus (NTGR) 10.38 -0.38 : Reports Q3 (Sep) earnings of $0.19 per share, $0.07 worse than the First Call consensus of $0.26; revenues fell 6.4% year/year to $179.4 mln vs the $176.9 mln consensus. Co issues downside guidance for Q4, sees Q4 revs of $155-165 mln vs. $186.70 mln consensus. Co expects non-GAAP operating margin to be in the range of 9.5% to 10.5%.ntgr
4:08PM Trimble Navigation beats by $0.03, reports revs in-line; guides Q4 EPS in-line, revs below consensus (TRMB) 16.80 -1.24 : Reports Q3 (Sep) earnings of $0.40 per share, $0.03 better than the First Call consensus of $0.37; revenues rose 10.8% year/year to $328.1 mln vs the $329.2 mln consensus. Co issues mixed guidance for Q4, sees EPS of $0.32-$0.35 vs. $0.32 consensus; sees Q4 revs of 315-323 mln vs. $330.09 mln consensus. "Fiscal year 2009 will undoubtedly be difficult. However, we believe once the short-term credit market uncertainties are resolved, there are a number of factors that will help Trimble offset recessionary conditions. These include continued strong international sales, continued growth in agriculture, a strong pipeline for mobile solutions products, momentum from the newly formed VirtualSite joint venture with Caterpillar and new product categories."
4:07PM Juniper Networks beats by $0.02, beats on revs (JNPR) 17.83 : Reports Q3 (Sep) earnings of $0.32 per share, excluding non-recurring items, $0.02 better than the First Call consensus of $0.30; revenues rose 28.8% year/year to $947 mln vs the $927.4 mln consensus. Co said, "The long-term growth potential of the high-performance networking market is strong and, even in this uncertain economic climate, we are cautiously optimistic about our near-term opportunities."
4:06PM Burl Nrth Santa Fe beats by $0.23, beats on revs (BNI) 81.58 +0.72 : Reports Q3 (Sep) earnings of $1.92 per share, excluding $0.08 in gains, $0.23 better than the First Call consensus of $1.69; revenues rose 20.6% year/year to $4.91 bln vs the $4.8 bln consensus.
4:05PM YRC Worldwide misses by $0.03, beats on revs (YRCW) 3.95 +0.18 : Reports Q3 (Sep) loss of $0.11 per share, ex-items, $0.03 worse than the First Call consensus of ($0.08); revenues fell 3.1% year/year to $2.38 bln vs the $2.34 bln consensus. Due to the uncertainty in the economy, the company does not intend to provide specific earnings guidance for the fourth quarter. However, the company currently has the following expectations for the remainder of 2008: Reduction in total debt by at least $100 mln in Q4 resulting in a reduction of more than $150 mln for 2008; Full year gross capital expenditures of between $150-$175 mln and full year proceeds from asset sales of at least $100 mln resulting in net capital expenditures of $50-$75 mln.
4:03PM Stericycle beats by $0.01, reports revs in-line (SRCL) 51.98 -0.12 : Reports Q3 (Sep) earnings of $0.45 per share, $0.01 better than the First Call consensus of $0.44; revenues rose 16.8% year/year to $277.1 mln vs the $274.4 mln consensus.
4:03PM DeVRY beats by $0.04, beats on revs (DV) 43.25 -1.61 : Reports Q1 (Sep) earnings of $0.48 per share, $0.04 better than the First Call consensus of $0.44; revenues rose 21.3% year/year to $303.7 mln vs the $294.3 mln consensus.
4:03PM Hansen Medical beats by $0.05, beats on revs (HNSN) 6.78 -1.08 : Reports Q3 (Sep) loss of $0.48 per share, $0.05 better than the First Call consensus of ($0.53); revenues rose 211.4% year/year to $10.9 mln vs the $9 mln consensus.
9:03AM Franklin Resources misses by $0.16, misses on revs (BEN) 62.04 : Reports Q4 (Sep) earnings of $1.30 per share, $0.16 worse than the First Call consensus of $1.46; revenues fell 18.9% year/year to $1.32 bln vs the $1.38 bln consensus.
8:45AM AVX Corp beats by $0.03, reports revs in-line (AVX) 8.01 : Reports Q2 (Sep) earnings of $0.19 per share, ex-items, $0.03 better than the First Call consensus of $0.16; revenues fell 0.1% year/year to $400.3 mln vs the $402 mln consensus. "Despite uncertainty in the overall economic picture, the sales in the current quarter grew and margins improved. Some of this quarter's restructuring actions will help subsequent quarters' margins, but the overall visibility into the next few quarters is limited. Still, we are confident that our customer relationships will allow AVX to continue to take advantage of available market growth."
8:38AM Ciber reports EPS in-line, revs in-line; guides Q4 EPS in-line, revs below consensus (CBR) 5.13 : Reports Q3 (Sep) earnings of $0.13 per share, in-line with the First Call consensus of $0.13; revenues rose 12.9% year/year to $300 mln vs the $303 mln consensus. Co issues mixed guidance for Q4, sees EPS of $0.14-0.15 vs. $0.14 consensus; sees Q4 revs of $290-300 mln vs. $309.52 mln consensus.
8:36AM US Airways beats by $0.19, reports revs in-line (LCC) 8.49 : Reports Q3 (Sep) loss of $2.35 per share, excluding charges, $0.19 better than the First Call consensus of ($2.54); revenues rose 7.4% year/year to $3.26 bln vs the $3.26 bln consensus. Mainline passenger revenue per available seat mile in Q3 was 11.32 cents, up 4.4% over the same period last year. Co announces separately today, it has significantly improved its liquidity position and raised approximately $950 mln of financing and near-term liquidity commitments. US Airways Chairman and CEO Doug Parker said, "Our third quarter loss reflects the crippling fuel price environment that US Airways and other airlines faced this summer. Fortunately, oil prices have recently fallen to levels well below those experienced in the third quarter, but at the same time concerns have increased about the impact the global economic crisis may place on demand for air travel... The industry is also moving to a more profitable a la carte pricing model of its product and services with US Airways at the forefront of that change. We expect these new a la carte pricing initiatives to contribute between $400-500 mln in revenue during 2009.
8:33AM Potlatch beats by $0.14, beats on revs (PCH) 33.82 : Reports Q3 (Sep) earnings of $0.65 per share, $0.14 better than the First Call consensus of $0.51; revenues rose 8.7% year/year to $457.1 mln vs the $436.8 mln consensus. Co says demand for rural recreational real estate tracts is weak and PCH expects this business to remain weak for at least the next two quarters. Although our Wood Products business did see some improvements in Q2 and Q3, the co expects continued weakness for the remainder of the year. Similarly, its Pulp and Paperboard business experienced considerable input cost inflation during the quarter, although some of these cost pressures are beginning to moderate.
8:32AM NuStar Energy beats by $0.43, beats on revs (NS) 41.91 : Reports Q3 (Sep) earnings of $2.60 per share, $0.43 better than the First Call consensus of $2.17; revenues rose 359.7% year/year to $1.83 bln vs the $1.64 bln consensus. "While we expect earnings for the fourth quarter of 2008 to be down significantly from the third quarter primarily due to the seasonality of the asphalt operations, the full year of 2008 should be a record year with the highest annual earnings in the partnership's history. Longer-term, we expect that asphalt supply markets will continue to tighten and margins will increase as the refinery coker units come online. And, although we have identified approximately $500 million of high-return internal growth projects that could be completed over the next two to three years, we have scaled back our budgeted strategic and reliability capital expenditures in 2009 to approximately $150 million in light of the current capital markets environment."
8:32AM Syntel beats by $0.11, misses on revs; guides FY08 EPS above consensus, revs below consensus (SYNT) 19.30 : Reports Q3 (Sep) earnings of $0.54 per share, $0.11 better than the First Call consensus of $0.43; revenues rose 18.1% year/year to $103.8 mln vs the $107.1 mln consensus. Co issues mixed guidance for FY08, sees EPS of $1.88-$1.93 vs. $1.78 consensus; sees FY08 revs of $408-$412 vs. $420.29 mln consensus. "While third quarter revenue was pressured by foreign exchange and demand softness, earnings power was strong. Based on the current economic environment, we are cautious in our outlook for the upcoming quarter and early 2009, and have adjusted our guidance accordingly..."
8:31AM Ensco beats by $0.05, misses on revs (ESV) 33.91 : Reports Q3 (Sep) earnings of $2.13 per share, $0.05 better than the First Call consensus of $2.08; revenues rose 18.5% year/year to $635.8 mln vs the $644 mln consensus.
8:08AM Natl Oilwell Varco beats by $0.14, reports revs in-line (NOV) 24.48 : Reports Q3 (Sep) earnings of $1.44 per share, excluding a $28.0 million of pre-tax charges ($0.04 per share after tax) related to its merger with Grant Prideco and $55.1 million of estimated operating profit impact ($0.09 per share after tax) from disruptions from Hurricane Ike, $0.14 better than the First Call consensus of $1.30; revenues rose 40.0% year/year to $3.61 bln vs the $3.61 bln consensus. Backlog for capital equipment orders for the Company's Rig Technology segment at September 30, 2008 increased to $11.8 billion, compared to $10.8 billion at June 30, 2008. New orders during the quarter were $2.4 billion. The Company's backlog for capital equipment continued to increase as a result of strong demand for its drilling equipment, particularly for international offshore rigs.
8:06AM ProLogis beats by $0.08; guides FY08 FFO below consensus (PLD) 16.27 : Reports Q3 (Sep) funds from operations of $0.63 per share, $0.08 better than the First Call consensus of $0.55. Co issues downside guidance for FY08, sees FFO of $3.60-$3.70 vs. $4.10 consensus. "As a result of the substantial dislocation in the credit markets and the related economic turmoil since our previous guidance, we are lowering our guidance for full-year 2008 FFO... We are assuming the current economic malaise persists throughout 2009, further impacting cap rates and leasing momentum in those markets where liquidity has been most impacted..."
8:05AM Alaska Air beats by $0.17, beats on revs (ALK) 23.50 : Reports Q3 (Sep) earnings of $1.10 per share, exluding items, $0.17 better than the First Call consensus of $0.93; revenues rose 7.7% year/year to $1.07 bln vs the $1.01 bln consensus. ALK's mainline passenger traffic in the third quarter declined 1.1 % on a capacity decline of 0.8 %, compared to the third quarter of 2007. Load factor declined 0.2 %age points to 79.5 %. Alaska's mainline passenger revs per available seat mile (ASM) increased 4.4 % and its operating cost per ASM excluding fuel and the special items mentioned above declined 0.7 %.
8:03AM Cooper Industries beats by $0.02, beats on revs; guides Q4 EPS below consensus; guides FY08 EPS in-line (CBE) 28.00 : Reports Q3 (Sep) earnings of $0.97 per share, ex-items, $0.02 better than the First Call consensus of $0.95; revenues rose 15.3% year/year to $1.73 bln vs the $1.7 bln consensus. Co issues down-side guidance for Q4, sees EPS of $0.83-$0.92, ex-items, vs. $0.94 consensus, with revenue growth in the range of 7 to 9 percent," . Co issues in-line guidance for FY08, sees EPS of $3.58-$3.67, ex-items, vs. $3.63 consensus.
8:03AM Union Pacific beats by $0.08, beats on revs (UNP) 56.87 -1.55 : Reports Q3 (Sep) earnings of $1.38 per share, $0.08 better than the First Call consensus of $1.30; revenues rose 15.6% year/year to $4.85 bln vs the $4.74 bln consensus. Co says it expects to produce strong year-over-year earnings growth in Q4 despite the continuing effect of the economic slowdown on its business. Although today's freight demand is soft, customers are continuing to realize the value of freight rail transportation.
7:49AM UPS beats by $0.07, reports revs in-line; reaffirms FY08 EPS guidance (UPS) : Reports Q3 (Sep) earnings of $0.96 per share, $0.07 better than the First Call consensus of $0.89; revenues rose 7.4% year/year to $13.11 bln vs the $13 bln consensus. Co reaffirms guidance for FY08, sees EPS of $3.50-3.70 vs. $3.57 consensus. Co noted UPS reduced its 2008 capital expenditure budget by $200 million to $2.8 billion and expects to reduce 2009 capital expenditures as well. "Based on economic forecasts, we anticipate a challenging environment for a number of quarters going forward... We believe the U.S. consumer will be very conservative with spending this year."
7:47AM Spartan Motors beats by $0.25, beats on revs (SPAR) 2.26 : Reports Q3 (Sep) earnings of $0.45 per share, $0.25 better than the First Call consensus of $0.20; revenues rose 59.5% year/year to $237.5 mln vs the $174.5 mln consensus. Spartan Motors reported consolidated backlog of approximately $183.8 mln as of Sept 30, 2008 and the company anticipates fulfilling its current backlog orders by July 2009. "The outlook for motorhome chassis remains uncertain, though there are indications that many dealers have reduced inventory to razor-thin levels, as the industry is reporting retail sales for Class A motorhomes are three times more than wholesale levels. This situation may bolster demand once the industry begins its eventual recovery... "For our emergency-rescue business, we expect stable and consistent growth..."
7:43AM Laboratory Corp beats by $0.01, reports revs in-line; reaffirms FY08 EPS guidance; guides FY09 EPS in-line (LH) 58.48 : Reports Q3 (Sep) earnings of $1.13 per share, excluding $0.03 per diluted share due to revenue lost as a result of hurricanes during the quarter, $0.01 better than the First Call consensus of $1.12; revenues rose 11.2% year/year to $1.14 bln vs the $1.13 bln consensus. Co reaffirms guidance for FY08, sees EPS of $4.57-4.61 vs. $4.59 consensus. Guidance includes $0.03 per diluted share due to revenue lost as a result of hurricanes during the quarter. Co issues in-line guidance for FY09, sees EPS of $5.00-5.25 vs. $5.15 consensus.
7:42AM TradeStation beats by $0.02, beats on revs; guides Q4 EPS in-line, revs above consensus (TRAD) 6.16 : Reports Q3 (Sep) earnings of $0.20 per share, $0.02 better than the First Call consensus of $0.18; revenues rose 3.7% year/year to $41.8 mln vs the $39.3 mln consensus. Co issues mixed guidance for Q4, sees EPS of $0.17-$0.19 vs. $0.17 consensus; sees Q4 revs of 39-43 mln vs. $37.88 mln consensus. "We continue to expect year-over-year growth in our brokerage commissions and fees in 2008... And, as a result of the federal funds interest rate reductions we have experienced and may continue to experience, we expect to continue to see lower interest income, as compared to prior periods, which flows directly to our income before income taxes."
7:39AM R.H. Donnelley reports Q3 (Sep) results, beats on revs; reaffirms FY08 revs guidance (RHD) 0.89 : Reports Q3 (Sep) earnings of $0.38 per share, includes items, may not be comparable to the First Call consensus of ($0.06); revenues fell 3.5% year/year to $648 mln vs the $640.8 mln consensus. Co issues in-line guidance for FY08, sees FY08 revs of $2.6 bln vs. $2.61 bln consensus. Co is clarifying its full year 2008 guidance to be at the low end of the previously announced range that was issued on July 30 for ad sales, adjusted EBITDA and adjusted free cash flow. Net debt at year end, excluding the fair value adjustment, is now expected to be less than $9.5 bln. Guidance for full year net revenue and weighted average diluted shares outstanding are unchanged.
7:38AM Kensey Nash beats by $0.06, beats on revs; guides FY09 EPS in-line, revs below consensus; CFO resigns (KNSY) 25.77 : Reports Q1 (Sep) earnings of $0.42 per share, excludes settlement, $0.07 better than the First Call consensus of $0.36; revenues rose 14.5% year/year to $20.2 mln vs the $19.8 mln consensus. Co issues mixed guidance for FY09, sees EPS of $1.62-1.69 vs. $1.62 consensus; sees FY09 revs of $83.0-85.0 mln vs. $86.78 mln consensus. In addition, co announces its CFO, Wendy DiCicco, has resigned to pursue other opportunities.
7:38AM Goodrich beats by $0.20, misses on revs; guides FY08 EPS in-line, revs below consensus; guides FY09 EPS in-line, revs in-line (GR) 32.03 : Reports Q3 (Sep) earnings of $1.33 per share, $0.20 better than the First Call consensus of $1.13; revenues rose 10.7% year/year to $1.77 bln vs the $1.81 bln consensus. For FY08, co sees EPS of $4.90-5.00 vs. $4.93 consensus; sees FY08 revs of $7.10 bln vs. $7.28 bln consensus. Co issues in-line guidance for FY09, sees EPS of $5.05-5.25 vs. $5.18 consensus; sees FY09 revs of $7.7-7.8 bln vs. $7.8 bln consensus.
7:36AM TD Ameritrade misses by $0.01, beats on revs; guides FY08 EPS in-line (AMTD) 12.00 : Reports Q4 (Sep) earnings of $0.29 per share, $0.01 worse than the First Call consensus of $0.30; revenues rose 4.1% year/year to $649.2 mln vs the $605.8 mln consensus. Co issues in-line guidance for FY08, sees EPS of $1.10-1.42 vs. $1.35 consensus.
7:36AM Black & Decker beats by $0.13, beats on revs; guides Q4 EPS below consensus; guides FY08 EPS in-line (BDK) 49.47 : Reports Q3 (Sep) earnings of $1.42 per share, $0.13 better than the First Call consensus of $1.29; revenues fell 3.9% year/year to $1.57 bln vs the $1.53 bln consensus. Co issues downside guidance for Q4, sees EPS of $0.70-0.90 vs. $1.13 consensus. Co issues in-line guidance for FY08, sees EPS of $5.20-5.40 vs. $5.29 consensus.
7:35AM Southern Co misses by $0.01, beats on revs (SO) 33.58 : Reports Q3 (Sep) earnings of $1.01 per share, $0.01 worse than the First Call consensus of $1.02; revenues rose 12.4% year/year to $5.43 bln vs the $5.04 bln consensus. The economy in the Southeast continues to experience the same stress as other regions of the country, but to a lesser degree. While customer growth has slowed, it is still positive. Southern Company is serving more than 28,000 additional customers, compared with the same time last year. This growth partially offset a decrease in usage.
7:35AM FLIR Systems beats by $0.03, reports revs in-line; guides FY08 EPS in-line, revs in-line (FLIR) 27.47 : Reports Q3 (Sep) earnings of $0.35 per share, $0.03 better than the First Call consensus of $0.32; revenues rose 44.8% year/year to $276.7 mln vs the $275.2 mln consensus. Co issues in-line guidance for FY08, sees EPS of $1.21-1.25 vs. $1.26 consensus; sees FY08 revs of $1.075-1.1 bln vs. $1.11 bln consensus. The backlog of firm orders for delivery within the next twelve months was approximately $650 mln at September 30, 2008, an increase of $78 mln compared with backlog at June 30, 2008. Backlog in the Government System's division was $547 mln, up $83 mln during the quarter due to strong order activity both in the U.S. and internationally. During the quarter, the co repurchased 681,000 shares of its common stock for $22.9 mln, and expended $5.0 mln for the purchase of property, plant, and equipment.
7:34AM Belden misses by $0.03, misses on revs; guides Q4 EPS below consensus; guides FY08 EPS below consensus, revs below consensus (BDC) 21.40 : Reports Q3 (Sep) earnings of $0.78 per share, adjusted for certain items, $0.03 worse than the First Call consensus of $0.81; revenues fell 7.3% year/year to $520.5 mln vs the $573.4 mln consensus. Co issues downside guidance for Q4, sees EPS of $0.54-$0.54 vs. $0.84 consensus. Co issues downside guidance for FY08, sees EPS of $2.95-$3.00, adjusted for certain items, vs. $3.26 consensus; sees FY08 revs of $2.1 bln vs. $2.23 bln consensus.
7:33AM EMCOR Group beats by $0.06, misses on revs; raises FY08 EPS, reaffirms FY08 revs (EME) 17.28 : Reports Q3 (Sep) earnings of $0.72 per share, $0.06 better than the First Call consensus of $0.66; revenues rose 14.7% year/year to $1.72 bln vs the $1.75 bln consensus. Co raises guidance for FY08 EPS, sees EPS of $2.48-2.58, up from $2.32-2.47, vs. $2.59 consensus; reaffirms FY08 revs of $6.8-7.0 bln vs. $6.98 bln consensus.
7:33AM Bristol-Myers beats by $0.04, reports revs in-line; guides FY08 EPS in-line (BMY) 17.53 : Reports Q3 (Sep) earnings of $0.46 per share, $0.04 better than the First Call consensus of $0.42; revenues rose 14.2% year/year to $5.25 bln vs the $5.23 bln consensus. Co issues in-line guidance for FY08, sees EPS of $1.65-$1.70 vs. $1.65 consensus. The co reaffirms guidance that it expects non-GAAP earnings per share from continuing operations to grow at a minimum of 15% compounded annual growth rate, from the 2007 base through 2010.
7:33AM Terra Industries beats by $0.10, misses on revs (TRA) 18.08 : Reports Q3 (Sep) earnings of $1.64 per share, $0.10 better than the First Call consensus of $1.54; revenues rose 36.1% year/year to $790.2 mln vs the $831.2 mln consensus. During the third quarter Terra restarted its Donaldsonville, Louisiana ammonia plant. Due to mechanical and weather-related issues the plant operated intermittently in August and through mid-September. As a result, the plant incurred start-up costs of approximately $7.5 mln ($5.5 mln or $0.05 per share, after tax). These costs are included in cost of sales for the 2008 third quarter. The plant has operated well since late September. Third quarter equity earnings of affiliates of $42.1 mln reflect TRA's interest in earnings from the GrowHow UK joint venture. Earnings per share for the third quarter were reduced by $0.05 per share as a result of the $5.2 million inducement payments associated with the conversion of preferred shares. "We are pleased with Terra's third quarter performance. We also expect strong fourth quarter performance, in part because we have secured margins on substantial volumes of forward sales against which we have locked in natural gas purchases... As we look ahead to 2009, industry projections indicate an increase in nitrogen fertilizer demand driven by increased demand for grain. It remains to be seen what effect the broad economic slowdown will have on our industrial customers. To date, credit issues have not had a notable impact on our customer base... While current global urea prices are sharply lower than they were in the summer, domestic natural gas prices have also dropped dramatically, continuing to support favorable projected margins."
7:32AM ITT Educational beats by $0.11, beats on revs; guides FY08 EPS above consensus (ESI) 71.00 : Reports Q3 (Sep) earnings of $1.28 per share, $0.11 better than the First Call consensus of $1.17; revenues rose 16.7% year/year to $254.3 mln vs the $250.2 mln consensus. Co issues upside guidance for FY08, sees EPS of $4.90-5.00 up from $4.65-4.75 vs. $4.78 consensus.
7:26AM Ethan Allen misses by $0.01, misses on revs (ETH) 19.18 : Reports Q1 (Sep) earnings of $0.22 per share, ex-items, $0.01 worse than the First Call consensus of $0.23; revenues fell 17.2% year/year to $205.8 mln vs the $212.8 mln consensus. "Our focus has also been to maintain liquidity. We are pleased that during the quarter we increased our cash position by $5.5 million with an ending balance of about $80 million. As we indicated previously, we have completed most of the repositioning of the retail network and expect a major reduction in capital expenditures in this fiscal year which should further help strengthen our cash position."
7:23AM Cash America beats by $0.07, reports revs in-line; guides Q4 EPS in-line; guides FY08 EPS in-line; guides FY09 EPS in-line (CSH) 34.98 : Reports Q3 (Sep) earnings of $0.72 per share, excluding non-recurring items, $0.07 better than the First Call consensus of $0.65; revenues rose 8.9% year/year to $252.2 mln vs the $254.2 mln consensus. Co issues in-line guidance for Q4, sees EPS of $0.91-$0.95 vs. $0.91 consensus. Co issues in-line guidance for FY08, sees EPS of $3.07-$3.11 vs. $3.10 consensus. Co issues in-line guidance for FY09, sees EPS of $3.35-$3.55 vs. $3.40 consensus.
7:17AM Arctic Cat beats by $0.27, beats on revs; guides Q3 EPS below consensus, revs in-line (ACAT) 6.22 : Reports Q2 (Sep) earnings of $0.93 per share, $0.27 better than the First Call consensus of $0.66; revenues fell 0.4% year/year to $204.3 mln vs the $194.7 mln consensus. Co issues mixed guidance for Q3, sees EPS of ($0.25)-($0.35) vs. ($0.11) consensus; sees Q3 revs of 179-189 vs. $186.32 mln consensus. "We believe that innovative products will drive retail sales and market share gains. Dealer inventory levels are critical to the overall health of our business and we are confident that last year's inventory reduction measures, and our strong product line-up, position us well compared to our competitors. We also remain focused on further cost reductions through our strategic sourcing initiatives and leveraging our efficiencies. Despite these positive factors, the current state of the U.S. economy, impacted by weak consumer spending and the global financial crisis, makes it difficult to fully assess the impact on our customers and business. As a result, we are not providing full-year guidance at this time."
7:17AM Jetblue Airways beats by $0.02, reports revs in-line (JBLU) 5.01 : Reports Q3 (Sep) loss of $0.02 per share, $0.02 better than the First Call consensus of ($0.04); revenues rose 17.9% year/year to $902 mln vs the $899.3 mln consensus. Co said, "Despite the economic uncertainty, we see continued strength in our bookings in the near-term."
7:14AM Zimmer Hldgs beats by $0.06, misses on revs; lowers FY08 guidance (ZMH) 51.66 : Reports Q3 (Sep) earnings of $0.95 per share, $0.06 better than the First Call consensus of $0.89; revenues rose 5.4% year/year to $952.2 mln vs the $964 mln consensus. Co lowers guidance for FY08, sees EPS of $4.03-4.08, down from $4.05-4.10, vs. $4.07 consensus; sees FY08 revs growth of 7-7.5% (which calc to ~$4.17-4.19 bln vs. $4.24 bln consensus) down from prior guidance of 8.5-9%.
7:13AM NCR Corp beats by $0.12, beats on revs; guides FY08 EPS above consensus (NCR) 16.36 : Reports Q3 (Sep) earnings of $0.55 per share, ex-items, $0.12 better than the First Call consensus of $0.43; revenues rose 7.9% year/year to $1.38 bln vs the $1.34 bln consensus. Co issues upside guidance for FY08, sees EPS of 1.67-1.72 vs. $1.65 consensus vs prior guidance of $1.62-$1.67. Co sees y/y rev growth of 8-9% vs prior guidance of 6-8%.
7:07AM Raytheon beats by $0.05, beats on revs; raises guidance for FY08, in line with consensus; announces additional $2.0 bln buyback (RTN) 44.15 : Reports Q3 (Sep) earnings of $1.01 per share, $0.05 better than the First Call consensus of $0.96; revenues rose 13.5% year/year to $5.9 bln vs the $5.66 bln consensus. Co raises guidance for FY08, sees EPS of $3.95-4.00 vs. $3.99 consensus; sees FY08 revs of $22.9-23.2 bln vs. $23.13 bln consensus. The Board of Directors, on October 22, 2008, authorized the repurchase of an additional $2.0 bln of the Company's outstanding common stock. The co reported total bookings for the third quarter 2008 of $5.8 billion compared to $6.3 billion in the third quarter 2007. The Company ended the third quarter 2008 with a backlog of $37.0 billion compared to $36.6 billion at the end of 2007 and $33.9 billion at the end of the third quarter 2007.
7:07AM Johnson Controls reports EPS in-line, misses on revs; guides Q1 EPS below consensus; reaffirms FY09 EPS guidance (JCI) 17.05 : Reports Q4 (Sep) earnings of $0.73 per share, in-line with the First Call consensus of $0.73; revenues rose 3.3% year/year to $9.31 bln vs the $9.48 bln consensus. Co issues downside guidance for Q1, sees EPS of $0.22-$0.24 vs. $0.30 consensus. Co reaffirms guidance for FY09, sees EPS of $1.95-$2.10 vs. $2.10 consensus.
7:06AM CONSOL Energy beats by $0.03, beats on revs (CNX) 27.83 : Reports Q3 (Sep) earnings of $0.49 per share, $0.03 better than the First Call consensus of $0.46; revenues rose 35.1% year/year to $1.17 bln vs the $1.11 bln consensus.
7:02AM Snap-On beats by $0.08, misses on revs (SNA) 36.85 : Reports Q3 (Sep) earnings of $0.94 per share, $0.08 better than the First Call consensus of $0.86; revenues rose 2.5% year/year to $697.8 mln vs the $731.6 mln consensus. Co intends to continue investing in its strategic growth initiatives aimed at expanding value provided to its traditional customers, penetrating new and adjacent segments, and extending its presence in the emerging markets of Asia/Pacific and Eastern Europe. Snap-on also expects to continue implementing its RCI and low-cost sourcing initiatives intended to provide higher levels of profitability.
7:00AM Diamond Offshore reports EPS in-line, beats on revs (DO) 64.39 : Reports Q3 (Sep) earnings of $2.23 per share, in-line with the First Call consensus of $2.23; revenues rose 39.8% year/year to $900 mln vs the $874 mln consensus.
7:00AM Altria beats by $0.02, beats on revs; reaffirms FY08 EPS guidance (MO) 19.29 : Reports Q3 (Sep) earnings of $0.46 per share, excluding non-recurring items, $0.02 better than the First Call consensus of $0.44; revenues excluding excise taxes rose 6.9% year/year to $4.34 bln vs the $4.21 bln consensus. Co reaffirms guidance for FY08, sees EPS of $1.63-1.67 vs. $1.66 consensus.
6:55AM Xerox beats by $0.01, misses on revs (XRX) 7.98 : Reports Q3 (Sep) earnings of $0.29 per share, $0.01 better than the First Call consensus of $0.28; revenues rose 1.6% year/year to $4.37 bln vs the $4.47 bln consensus.
6:39AM Eli Lilly beats by $0.02, beats on revs; guides FY08 EPS in-line (LLY) 32.11 : Reports Q3 (Sep) earnings of $1.04 per share, $0.02 better than the First Call consensus of $1.02; revenues rose 14.1% year/year to $5.21 bln vs the $5.09 bln consensus. Co issues in-line guidance for FY08, sees EPS of $3.97-$4.02 (vs. $3.95 consensus), up from the previous range $3.85-$4.00. Pro forma sales are still expected to grow in the high-single to low-double digits. As a result of the weakening of foreign currencies, the company now expects significant improvement in gross margin as a% of sales. The sum of marketing, selling and administrative expenses and research and development expenses is still expected to grow in the high-single digits. Marketing, selling and administrative expenses are still expected to grow in the high-single digits and the company still expects research and development expenses to grow in the high-single to low-double digits. Other income and deductions are now expected to contribute approximately $50 million, a change from the previous guidance of less than $100 million. As a result of the Zyprexa charge, the effective tax rate is now expected to be approximately 23% on a reported basis, while on a pro forma non-GAAP basis, the effective tax rate is still expected to be approximately 22%. Note that the company recorded charges totaling $1.477 bln related to the pending Zyprexa investigations by the U.S. Attorney for the Eastern District of Pennsylvania, as well as the resolution of a multi-state investigation regarding Zyprexa involving 32 states and the District of Columbia.
6:36AM Alexion Pharma beats by $0.25, beats on revs; guides FY08 revs above consensus (ALXN) 39.66 : Reports Q3 (Sep) earnings of $0.29 per share, $0.25 better than the First Call consensus of $0.04; revenues rose 246.0% year/year to $76.5 mln vs the $66.9 mln consensus. Co issues upside guidance for FY08, sees FY08 revs of $256-258 mln, prior $235-245 mln vs. $247.98 mln consensus. In addition, the Company now forecasts that it will report a GAAP profit for both the fourth quarter and the full year 2008. This revenue guidance anticipates that incremental growth in Q4 2008 patient numbers and unit sales will be similar to or higher than that experienced in Q3, and takes into account expectations for a weaker Euro in Q4 2008 compared with Q3 2008. The Company is revising downward its expense guidance. Guidance for the cost of sales, including royalties, remains unchanged at 12 percent to 14 percent of net product sales. Full-year 2008 guidance is reiterated for R&D expenses in a range of $65 to $70 million. Full-year 2008 guidance for SG&A expenses is revised downward from a previous range of $115 to $125 million to a reduced range of $113 to $118 million. The reduction in SG&A guidance is partially driven by the Company's expectations for a weaker Euro in Q4 2008 compared with Q3 2008. Full year guidance for 2008 total operating expenses is revised downward from a previous range of $180 to $195 million to a reduced range of $178 to $188 million. The guidance for R&D and SG&A expenses excludes share-based compensation expense, which is expected to be in a range of $24 to $26 million for the year.
6:35AM Thomas & Betts beats by $0.02, reports revs in-line; guides FY08 EPS above consensus; announces repurchase of up to three million shares (TNB) 21.82 : Reports Q3 (Sep) earnings of $1.11 per share, $0.02 better than the First Call consensus of $1.09; revenues rose 20.4% year/year to $665.7 mln vs the $664.7 mln consensus. Co issues upside guidance for FY08, sees EPS of $5.35-5.45 vs. $3.69 consensus. The repurchase of up to three million shares of Thomas & Betts common stock. This new authorization expires in October 2010.
6:21AM Enterprise Prdcts misses by $0.11, reports revs in-line (EPD) 23.97 : Reports Q3 (Sep) earnings of $0.38 per share, $0.11 worse than the First Call consensus of $0.49; revenues rose 53.2% year/year to $6.3 bln vs the $6.33 bln consensus. Co estimates hurricane effects to be $0.20.
6:17AM RadioShack beats by $0.03, beats on revs (RSH) 13.08 : Reports Q3 (Sep) earnings of $0.39 per share, $0.03 better than the First Call consensus of $0.36; revenues rose 6.4% year/year to $1.02 bln vs the $0.99 bln consensus. Third quarter 2008 comparable same-store sales for company-owned stores and kiosks increased 7.7% compared with the third quarter of 2007. The increase was attributable to the continued strong performance of digital television converter boxes, growth in AT&T post-paid wireless upgrade activations, video gaming, GPS devices and laptop computers. The sales of the converter boxes are a result of the transition of full-power television broadcast signals in the United States to digital only, which is currently scheduled to take place in the first quarter 2009. The positive trends in converter box sales were offset by the disappointing performance of the Sprint post-paid business. Excluding both, comparable same-store sales were up 4.4% over the third quarter of last year.
6:17AM EnCana beats by $0.14, beats on revs (ECA) 41.10 : Reports Q3 (Sep) earnings of $1.92 per share, $0.14 better than the First Call consensus of $1.78; revenues rose 92.4% year/year to $10.77 bln vs the $5.92 bln consensus.
6:15AM Allscripts misses by $0.01, reports revs in-line (MDRX) 5.65 : Reports Q3 (Sep) earnings of $0.15 per share, excluding non-recurring items, $0.01 worse than the First Call consensus of $0.16; revenues rose 16.8% year/year to $85.7 mln vs the $85.7 mln consensus.
6:12AM Starwood Hotels beats by $0.18, beats on revs; guides Q4 EPS below consensus; guides FY08 EPS below consensus (HOT) 19.20 : Reports Q3 (Sep) earnings of $0.71 per share, excluding non-recurring items, $0.18 better than the First Call consensus of $0.53; revenues fell 0.3% year/year to $1.53 bln vs the $1.51 bln consensus. Co issues downside guidance for Q4, sees EPS of $0.36-0.42 vs. $0.64 consensus. Co issues downside guidance for FY08, sees EPS of $2.07-2.13 vs. $2.17 consensus.
6:10AM Potash beats by $0.36, beats on revs; guides FY08 EPS in-line (POT) 67.10 : Reports Q3 (Sep) earnings of $3.93 per share, $0.36 better than the First Call consensus of $3.57; revenues rose 136.6% year/year to $3.06 bln vs the $3.03 bln consensus. Co issues in-line guidance for FY08, sees EPS of $12.00-13.00 vs. $12.55 consensus. In Q4, co expects previously announced potash price increases to take hold and raise their total realized price by approx $100 per tonne. Looking ahead, limited new potash capacity is scheduled to come on stream in 2009, even as producers are reporting record-low inventories. With global sales growth estimates ranging from a scenario of flat to a 5% increase, co potash fundamentals to remain tight. In the event of temporary demand weakness in this current economic environment, co will follow our long-held practice of matching our production to meet market demand, reducing volatility in financial performance. This could also significantly minimize the downside of production lost during ongoing strikes at our Allan, Cory and Patience Lake potash operations. Co expects FY08 potash gross margin to exceed the 2007 level by approxi 250%. precipitously. Using a locked in Canadian/US dollar exchange rate of $1.10, co expects net income per share to be at the low end of previously provided guidance range, with a possible variance of 2 percent in either direction.
6:03AM Thermo Fisher reports EPS in-line, revs in-line; guides FY08 EPS in-line, revs in-line (TMO) 41.03 : Reports Q3 (Sep) earnings of $0.76 per share, excluding non-recurring items, in-line with the First Call consensus of $0.76; revenues rose 7.8% year/year to $2.59 bln vs the $2.61 bln consensus. Co issues in-line guidance for FY08, sees EPS of $3.13-3.17 vs. $3.15 consensus; sees FY08 revs of $10.45-10.55 bln vs. $10.68 bln consensus.
5:21AM Petro-Canada misses by C$0.20 (PCZ) 20.65 : Reports Q3 (Sep) earnings of C$2.56 per share, excluding non-recurring items, C$0.20 worse than the First Call consensus of C$2.76.
3:31AM Patni Computer Sys beats by $0.09, reports revs in-line; guides Q4 revs below consensus (PTI) 5.46 : Reports Q3 (Sep) earnings of $0.36 per share, excluding non-recurring items, $0.09 better than the First Call consensus of $0.27; revenues rose 8.3% year/year to $183.5 mln vs the $182.7 mln consensus. Co issues downside guidance for Q4, sees Q4 revs of $176.0-177.0 mln vs. $184.72 mln consensus.
3:15AM VASCO Data Security beats by $0.08, beats on revs (VDSI) 7.49 : Reports Q3 (Sep) earnings of $0.24 per share, $0.08 better than the First Call consensus of $0.16; revenues rose 32.3% year/year to $39.7 mln vs the $36.8 mln consensus. Co reaffirms FY08 guidance provided at the end of the second quarter, as follows: Revenue growth is projected to be 15% to 25% for FY08 over FY07, gross margin as a percentage of revenue for FY08 is projected to be in the range of 60% to 68%, and operating margin as a percentage of revenue for FY08 is projected to be in the range of 20% to 25%.
2:07AM Elan misses by $0.04, beats on revs (ELN) 7.82 : Reports Q3 (Sep) loss of $0.18 per share, $0.04 worse than the First Call consensus of ($0.14); revenues rose 52.9% year/year to $270.1 mln vs the $257.5 mln consensus.
1:52AM Syngenta reports Q308 sales and reaffirms FY08 EPS target (SYT) 27.60 : Co reports sales in Q308 increased by 28% at constant exchange rates. Reported sales were 33% higher at $2.3 bln. In the first nine months of the year sales were up 22% to $9.6 bln. In Crop Protection third quarter sales were 26% higher, with volume growth of 12% and price realization, including glyphosate, ahead of target at 14%. Co reaffirms EPS target growth of more than 35% in FY08 and high teens in FY09.
12:46AM Methanex beats by $0.05, reports revs in-line (MEOH) 12.44 : Reports Q3 (Sep) earnings of $0.75 per share, $0.05 better than the First Call consensus of $0.70; revenues rose 44.2% year/year to $569.9 mln vs the $566 mln consensus.
12:43AM CNH Global beats by $0.30, beats on revs; guides FY08 EPS above consensus (CNH) 13.24 : Reports Q3 (Sep) earnings of $1.09 per share, $0.30 better than the First Call consensus of $0.79; revenues rose 21.6% year/year to $4.33 bln vs the $4.26 bln consensus. Co issues upside guidance for FY08, sees EPS of $3.50-3.90 (vs. prior guidance of $3.40-3.60), excluding non-recurring items, vs. $3.54 consensus. Co anticipates equipment net sales for FY08 to be almost $19 bln, up 25% over last year, vs $18.43 bln consensus.
12:33AM Commercial Vehicle Group misses by $0.16, beats on revs; guides FY08 EPS below consensus, revs in-line (CVGI) 1.72 : Reports Q3 (Sep) loss of $0.12 per share, $0.16 worse than the First Call consensus of $0.04; revenues rose 19.9% year/year to $192.9 mln vs the $189.9 mln consensus. Co issues mixed guidance for FY08, sees EPS of $(0.08)-0.01 vs. $0.22 consensus; sees FY08 revs of $781.0-793.0 mln vs. $783.86 mln consensus.
12:31AM Core Labs beats by $0.01, misses on revs; guides Q4 EPS in-line, revs below consensus; guides FY08 EPS in-line (CLB) 64.93 : Reports Q3 (Sep) earnings of $1.60 per share, excluding non-recurring items, $0.01 better than the First Call consensus of $1.59; revenues rose 19.1% year/year to $202.5 mln vs the $205.6 mln consensus. Co issues mixed guidance for Q4, sees EPS of $1.66-1.69 vs. $1.69 consensus; sees Q4 revs of $205.0-210.0 mln vs. $214.36 mln consensus. Co issues in-line guidance for FY08, sees EPS of $6.14-6.17, excluding non-recurring items, vs. $6.16 consensus.
12:26AM Range Resources beats by $0.02, beats on revs (RRC) 32.59 : Reports Q3 (Sep) earnings of $0.51 per share, excluding non-recurring items, $0.02 better than the First Call consensus of $0.49; revenues rose 62.2% year/year to $347.7 mln vs the $325.2 mln consensus.
12:21AM Seacoast Banking misses by $0.20, misses on revs (SBCF) 4.69 : Reports Q3 (Sep) loss of $0.18 per share, $0.20 worse than the First Call consensus of $0.02; revenues fell 10.7% year/year to $24.2 mln vs the $25.7 mln consensus.
12:19AM SJW reports Q308 results (SJW) 24.32 : Reports Q3 (Sep) earnings of $0.44 per share, $0.05 worse than the two-analyst estimate of $0.49; revenues increased 7.1% year/year to $69.5 mln vs the single-analyst estimate of $66.9 mln.
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